CBLS vs. DFIV ETF Comparison

Comparison of Changebridge Capital Long/Short Equity ETF (CBLS) to Dimensional International Value ETF (DFIV)

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

$26.83

Average Daily Volume

2,139

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFIV

Dimensional International Value ETF

DFIV Description

Dimensional ETF Trust - Dimensional International Value ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund is co-managed by Dimensional Fund Advisors Ltd. and DFA Australia Limited. The fund invests in public equity markets of global ex-US region. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies. It seeks to benchmark the performance of its portfolio against the MSCI World ex USA Index (net dividends). Dimensional ETF Trust - Dimensional International Value ETF was formed on April 16, 1999 and is domiciled in United States.

Grade (RS Rating)

Last Trade

$36.44

Average Daily Volume

503,445

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CBLS	DFIV
30 Days	4.28%	-1.78%
60 Days	5.58%	-3.60%
90 Days	5.18%	-3.45%
12 Months	35.65%	15.25%

1 Overlapping Holdings

	Symbol	Grade	Weight in CBLS	Weight in DFIV	Overlap
	NVO	F	-1.3%	0.0%	-1.3%

CBLS Overweight 62 Positions Relative to DFIV

Symbol	Grade	Weight
NVDA	B	3.31%
LNG	A	3.31%
WTTR	A	3.07%
INTC	C	2.91%
AMZN	C	2.83%
GTLS	A	2.81%
MGNI	B	2.76%
WMT	A	2.75%
SKY	A	2.73%
BWXT	B	2.7%
COST	A	2.64%
ORCL	A	2.62%
STRL	A	2.54%
CCL	A	2.49%
RDDT	A	2.45%
OSW	B	2.43%
IBN	C	2.38%
ECL	D	2.32%
GD	D	2.32%
NARI	C	2.3%
RTX	D	2.29%
ROL	B	2.28%
D	C	2.24%
AER	A	2.24%
VST	A	2.23%
SO	C	2.23%
NEE	C	2.12%
ERJ	A	2.12%
HUMA	F	2.11%
SCHW	B	2.08%
MC	C	1.98%
ETR	B	1.93%
SCI	B	1.92%
DELL	B	1.91%
TDG	D	1.78%
CRSP	D	0.86%
KLG	B	-0.49%
KDP	F	-0.5%
POST	C	-0.5%
GIS	D	-0.51%
PEP	F	-0.51%
DOOO	F	-0.9%
TTC	C	-0.93%
R	B	-0.95%
GIII	D	-0.97%
PFE	F	-1.06%
SIG	B	-1.07%
JNJ	C	-1.1%
MRNA	F	-1.15%
MIDD	C	-1.16%
ROK	C	-1.17%
ENR	B	-1.19%
AME	A	-1.2%
LLY	F	-1.37%
F	C	-1.41%
DE	B	-1.45%
HELE	C	-1.71%
HSY	F	-1.75%
VSAT	F	-1.75%
GOGO	C	-1.77%
NOW	A	-1.8%
TSLA	B	-2.63%

CBLS Underweight 44 Positions Relative to DFIV

Symbol	Grade	Weight
HSBC	A	-1.42%
NVS	F	-1.4%
TD	D	-1.32%
TM	F	-1.31%
MUFG	B	-1.26%
SMFG	B	-0.88%
BP	D	-0.77%
LYG	D	-0.69%
E	F	-0.6%
STLA	F	-0.57%
BCS	A	-0.55%
HMC	F	-0.51%
NVS	F	-0.48%
MFG	A	-0.45%
SAN	D	-0.38%
PHG	C	-0.34%
NWG	A	-0.3%
GOLD	C	-0.22%
SMFG	B	-0.19%
AGCO	D	-0.19%
BBVA	D	-0.18%
HSBH	B	-0.16%
HMC	F	-0.16%
BCS	A	-0.15%
MT	B	-0.15%
LYG	D	-0.15%
STM	F	-0.14%
WFG	C	-0.14%
NMR	B	-0.13%
CCEP	C	-0.1%
NOK	D	-0.09%
MUFG	B	-0.08%
NMR	B	-0.07%
VOD	F	-0.05%
TS	B	-0.04%
GOGL	F	-0.03%
BTI	B	-0.02%
E	F	-0.0%
SNY	F	-0.0%
TM	F	-0.0%
SW	A	-0.0%
BUD	F	-0.0%
TEF	C	-0.0%
GMAB	F	-0.0%

DFIV: Top Represented Industries & Keywords

Industries: Banks - Global Auto Manufacturers Drug Manufacturers - Major Oil & Gas Integrated Telecom Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Brewers Beverages - Soft Drinks Biotechnology Capital Markets Communication Equipment Diagnostics & Research Farm & Construction Equipment Gold Long-Term Care Facilities Lumber & Wood Production Oil & Gas Equipment & Services Packaging & Containers Semiconductors