CBLS vs. DEMZ ETF Comparison

Comparison of Changebridge Capital Long/Short Equity ETF (CBLS) to DEMZ Political Contributions ETF (DEMZ)
CBLS

Changebridge Capital Long/Short Equity ETF

CBLS Description

The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.41

Average Daily Volume

3,400

Number of Holdings *

62

* may have additional holdings in another (foreign) market
DEMZ

DEMZ Political Contributions ETF

DEMZ Description The investment seeks to track the total return performance, before fees and expenses, of the DEMZ Political Contribution Index. The index is a subset of the S&P 500® Index designed to provide exposure to companies that make political contributions to Democratic Party candidates and political action committees above a certain threshold. Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities included in the index.

Grade (RS Rating)

Last Trade

$35.51

Average Daily Volume

2,356

Number of Holdings *

51

* may have additional holdings in another (foreign) market
Performance
Period CBLS DEMZ
30 Days -0.30% 0.62%
60 Days -3.47% 2.36%
90 Days -0.38% 2.93%
12 Months 30.25% 34.10%
6 Overlapping Holdings
Symbol Grade Weight in CBLS Weight in DEMZ Overlap
AMD D 1.59% 1.38% 1.38%
IBM A -1.23% 3.67% -1.23%
KLAC D 1.93% 2.15% 1.93%
MSFT C 2.04% 4.72% 2.04%
NVDA D 2.15% 4.49% 2.15%
PAYX C -1.16% 1.6% -1.16%
CBLS Overweight 56 Positions Relative to DEMZ
Symbol Grade Weight
LNG C 2.95%
SKY C 2.79%
SCI C 2.78%
STRL B 2.77%
CHK D 2.56%
ERJ C 2.54%
IBN A 2.49%
NEE C 2.49%
RTX C 2.46%
TDG B 2.46%
NEM B 2.45%
ETR A 2.45%
SO A 2.43%
D B 2.42%
ROL C 2.41%
DELL C 2.39%
MGNI D 2.23%
NU B 2.22%
ECL A 2.22%
GD B 2.18%
WTTR C 2.18%
ASML F 2.17%
MMYT B 2.15%
AMZN C 2.13%
AVGO C 2.09%
TMDX C 2.07%
AER B 2.06%
UNH C 2.05%
ICFI B 1.98%
OSW C 1.97%
BOWL F 1.93%
HUMA D 1.86%
BLBD C 1.41%
SGBX F -0.67%
TTC D -0.92%
BGFV F -0.95%
TASK F -0.97%
ENR D -1.01%
ROK F -1.04%
CHH C -1.06%
SOFI C -1.06%
KMT B -1.08%
CTVA B -1.09%
BC C -1.1%
MIDD D -1.1%
DECK D -1.1%
LAD C -1.12%
AFRM C -1.16%
FIVN F -1.17%
DFS B -1.25%
HOG C -1.28%
DOOO D -1.37%
R B -1.49%
VSAT F -1.57%
DE B -1.66%
GIII C -1.7%
CBLS Underweight 45 Positions Relative to DEMZ
Symbol Grade Weight
AAPL C -5.08%
COST B -5.01%
L D -4.88%
APH C -3.59%
META A -3.31%
CL C -2.74%
DHR C -2.61%
DIS D -2.61%
ADP B -2.5%
GOOGL D -2.16%
SYK C -2.09%
XYL D -2.05%
EG C -1.98%
GOOG D -1.93%
AVY D -1.87%
KIM C -1.85%
BWA D -1.85%
AMT C -1.76%
KMB D -1.75%
OMC B -1.61%
LRCX F -1.58%
A C -1.53%
ROST C -1.53%
MCO A -1.42%
CRM D -1.35%
NDSN C -1.3%
ADBE F -1.25%
NOW A -1.22%
RL B -1.15%
ADSK C -1.14%
IT A -1.14%
MSCI C -1.13%
VLTO B -1.06%
KMX D -1.06%
ANET A -1.05%
EA D -1.04%
NFLX B -1.03%
HRL D -1.01%
HSIC D -1.0%
BKNG B -0.98%
TPR C -0.97%
CDW D -0.95%
ULTA D -0.92%
CDNS D -0.86%
SNPS D -0.81%
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