CARK vs. BEEZ ETF Comparison

Comparison of The Advisors? Inner Circle Fund II CastleArk Large Growth ETF (CARK) to Honeytree U.S. Equity ETF (BEEZ)

CARK

The Advisors? Inner Circle Fund II CastleArk Large Growth ETF

CARK Description

The fund is an actively managed exchange-traded Fund ("ETF"). Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in common stock of large-capitalization companies. The fund may also invest up to 20% of its net assets, plus borrowings for investment purposes, in common stock of mid-capitalization companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.15

Average Daily Volume

317

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BEEZ

Honeytree U.S. Equity ETF

BEEZ Description

The fund is an actively managed exchange-traded fund ("ETF") sub-advised by Honeytree Investment Management Ltd. (the "Sub-Adviser"). The fund does not seek to replicate the performance of a specified index. The fund seeks to achieve its investment objective by investing at least 80% of the fund"s net assets, plus borrowings for investment purposes in a concentrated portfolio of large-cap and mid-cap U.S. listed equity stocks.

Grade (RS Rating)

Last Trade

$32.81

Average Daily Volume

601

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CARK	BEEZ
30 Days	0.89%	1.11%
60 Days	4.15%	2.05%
90 Days	4.37%	4.98%
12 Months		25.00%

5 Overlapping Holdings

Symbol	Grade	Weight in CARK	Weight in BEEZ	Overlap
HD	B	1.44%	4.13%	1.44%
LRCX	F	0.6%	3.76%	0.6%
MA	B	4.6%	4.01%	4.01%
NOW	A	4.1%	4.09%	4.09%
V	A	3.99%	4.04%	3.99%

CARK Overweight 21 Positions Relative to BEEZ

Symbol	Grade	Weight
NVDA	B	13.68%
MSFT	D	11.72%
AAPL	C	8.53%
AMZN	C	7.62%
GOOGL	C	5.83%
META	D	4.69%
BX	A	4.44%
ANET	C	3.9%
ISRG	A	3.07%
NFLX	A	3.05%
VRTX	D	2.67%
LLY	F	2.28%
TTD	B	2.05%
FICO	B	2.0%
APO	B	1.95%
SBUX	A	1.45%
UNP	C	1.36%
UBER	F	1.21%
SNPS	B	1.16%
ADBE	C	0.81%
AMAT	F	0.79%

CARK Underweight 20 Positions Relative to BEEZ

Symbol	Grade	Weight
INTU	B	-4.17%
ACN	B	-4.11%
COST	A	-4.1%
CMI	A	-4.08%
EW	C	-4.07%
ZTS	D	-4.05%
FAST	B	-4.03%
ATR	B	-4.02%
WTS	B	-4.02%
SHW	B	-3.99%
EQIX	A	-3.98%
ITW	B	-3.98%
APD	A	-3.97%
TMO	F	-3.92%
AMT	C	-3.91%
A	D	-3.9%
MAS	D	-3.87%
TSCO	D	-3.86%
TXN	C	-3.78%
OLED	F	-3.72%