CARZ vs. UPAR ETF Comparison

Comparison of First Trust NASDAQ Global Auto Index Fund (CARZ) to UPAR Ultra Risk Parity ETF (UPAR)

CARZ

First Trust NASDAQ Global Auto Index Fund

CARZ Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX Global Auto Index(SM). The index is owned and was developed by The NASDAQ OMX Group, Inc. (the "Index Provider"). The index Provider has contracted with Standard & Poor's to calculate and maintain the index. The index is designed to track the performance of the largest and most liquid companies engaged in manufacturing of automobiles. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.95

Average Daily Volume

2,228

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UPAR

UPAR Ultra Risk Parity ETF

UPAR Description

UPAR Ultra Risk Parity ETF is an exchange traded fund launched and managed by Toroso Investments, LLC. The fund invests in public equity, fixed income and commodity markets of global region. For its equity portion, it invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund uses derivatives such as futures to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests directly and through derivatives in U.S. treasury inflation protected securities and U.S. treasury securities of varying maturities. For its commodity portion, it invests directly and through other funds in gold. UPAR Ultra Risk Parity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$13.73

Average Daily Volume

24,541

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CARZ	UPAR
30 Days	0.92%	-2.28%
60 Days	3.59%	-6.62%
90 Days	2.65%	-4.71%
12 Months	11.11%	12.75%

1 Overlapping Holdings

	Symbol	Grade	Weight in CARZ	Weight in UPAR	Overlap
	SQM	F	0.44%	0.15%	0.15%

CARZ Overweight 51 Positions Relative to UPAR

Symbol	Grade	Weight
TSLA	B	5.97%
NVDA	C	4.98%
GOOGL	C	4.96%
MSFT	F	4.7%
TSM	B	4.64%
AAPL	C	4.56%
AMD	F	3.87%
TXN	C	3.23%
QCOM	F	3.14%
TM	D	2.73%
MU	D	1.88%
INTC	D	1.84%
ADI	D	1.81%
MRVL	B	1.33%
GM	B	1.11%
PCAR	B	1.02%
NXPI	D	0.98%
CMI	A	0.84%
F	C	0.74%
RMBS	C	0.64%
INDI	C	0.62%
MCHP	D	0.59%
HMC	F	0.58%
SITM	B	0.57%
MXL	C	0.56%
SYNA	C	0.53%
AMBA	B	0.51%
XPEV	C	0.51%
PLUG	F	0.51%
RIVN	F	0.51%
STLA	F	0.51%
LSCC	D	0.5%
BWA	D	0.5%
ALB	C	0.5%
ON	D	0.49%
ALGM	D	0.49%
STM	F	0.48%
SLAB	D	0.48%
AUR	C	0.48%
ST	F	0.47%
LEA	D	0.46%
SWKS	F	0.44%
CRUS	D	0.43%
CHPT	F	0.43%
BIDU	F	0.42%
PSNY	F	0.42%
LI	F	0.42%
APTV	D	0.39%
NIO	F	0.36%
QRVO	F	0.33%
LCID	F	0.32%

CARZ Underweight 36 Positions Relative to UPAR

Symbol	Grade	Weight
GLDM	C	-15.03%
VXF	A	-3.74%
XOM	B	-1.91%
DE	A	-1.75%
BHP	F	-1.38%
CVX	A	-1.11%
RIO	D	-1.08%
SCCO	F	-0.83%
FCX	D	-0.67%
CTVA	C	-0.62%
TTE	F	-0.55%
VALE	F	-0.48%
COP	C	-0.48%
ECL	D	-0.38%
FSLR	F	-0.33%
BP	D	-0.3%
EOG	A	-0.28%
EQNR	D	-0.25%
CF	B	-0.24%
CNH	C	-0.21%
XYL	D	-0.17%
E	F	-0.17%
HES	B	-0.16%
OXY	D	-0.16%
ENPH	F	-0.15%
TTC	D	-0.14%
AWK	D	-0.13%
FANG	D	-0.12%
MOS	F	-0.12%
IEX	B	-0.11%
FMC	D	-0.11%
EQT	B	-0.1%
DVN	F	-0.09%
AGCO	D	-0.09%
EC	D	-0.06%
CTRA	B	-0.06%