CBSE vs. SAEF ETF Comparison

Comparison of Changebridge Capital Sustainable Equity ETF (CBSE) to Schwab Ariel ESG ETF (SAEF)

CBSE

Changebridge Capital Sustainable Equity ETF

CBSE Description

The investment seeks capital appreciation and lower volatility than the broader market. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing securities Changebridge Capital, LLC, the fund's investment adviser, believes to have above-average financial characteristics and growth potential that exhibit positive ESG attributes. Under normal circumstances, it will invest at least 80% of its net assets, plus borrowings for investment purposes, in equity securities, including common stocks and depositary receipts, of sustainable companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.32

Average Daily Volume

6,078

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SAEF

Schwab Ariel ESG ETF

SAEF Description

Schwab Ariel ESG ETF is an exchange traded fund launched and managed by Charles Schwab Investment Management, Inc. The fund is co-managed by Ariel Investments, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of diverse market cap companies, within the market capitalization range of the Russell 2500 Index. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. It employs proprietary research to create its portfolio. Schwab Ariel ESG ETF was formed on November 16, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$26.09

Average Daily Volume

3,940

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CBSE	SAEF
30 Days	0.60%	3.37%
60 Days	-2.48%	4.33%
90 Days	-0.14%	11.32%
12 Months	33.03%	24.94%

1 Overlapping Holdings

	Symbol	Grade	Weight in CBSE	Weight in SAEF	Overlap
	OSW	C	2.11%	4.31%	2.11%

CBSE Overweight 35 Positions Relative to SAEF

Symbol	Grade	Weight
STRL	B	3.31%
NVDA	D	3.28%
SKY	B	3.14%
SCI	B	3.09%
ROL	C	2.98%
IBN	A	2.94%
CHK	D	2.93%
ERJ	C	2.85%
TDG	B	2.77%
MGNI	D	2.75%
LNG	D	2.67%
NU	B	2.66%
DELL	D	2.65%
ICFI	C	2.61%
RDFN	C	2.56%
AVGO	C	2.56%
MMYT	B	2.55%
TMDX	C	2.52%
WTTR	C	2.52%
NEE	B	2.49%
NEM	B	2.44%
ETR	A	2.44%
MSFT	C	2.43%
SO	B	2.42%
D	C	2.41%
AMZN	C	2.37%
KLAC	D	2.36%
HUMA	D	2.28%
AMD	F	2.23%
ASML	D	2.16%
PL	F	2.11%
UNH	C	2.05%
BOWL	D	1.95%
JD	D	1.89%
BLBD	C	1.43%

CBSE Underweight 55 Positions Relative to SAEF

Symbol	Grade	Weight
BCO	B	-3.61%
LIND	C	-3.51%
NCLH	C	-3.48%
NVT	D	-3.04%
KKR	B	-2.85%
GS	D	-2.5%
ZBRA	B	-2.43%
REZI	D	-2.32%
FICO	A	-2.29%
GNRC	D	-2.24%
PBH	B	-2.18%
NTRS	B	-2.17%
FAF	B	-2.05%
GNTX	F	-1.97%
CRL	D	-1.93%
JLL	B	-1.93%
MTB	B	-1.83%
CBRE	A	-1.77%
LFUS	D	-1.69%
MSI	C	-1.64%
KN	D	-1.63%
KMT	B	-1.61%
KEYS	C	-1.59%
MAT	C	-1.57%
ATGE	D	-1.56%
AXTA	C	-1.48%
ADTN	F	-1.45%
ZBH	F	-1.41%
ST	D	-1.41%
MANU	F	-1.39%
MSGS	B	-1.27%
AFL	B	-1.27%
IPG	C	-1.25%
DNB	C	-1.2%
SNA	B	-1.2%
SSD	C	-1.19%
MAS	B	-1.15%
BRC	B	-1.11%
BWA	D	-1.08%
MIDD	C	-1.06%
KMX	D	-1.04%
PGR	A	-0.99%
PDCO	F	-0.99%
MSGE	B	-0.97%
KFY	B	-0.96%
HCKT	B	-0.94%
LESL	F	-0.94%
BIO	C	-0.93%
REYN	C	-0.91%
MHK	B	-0.83%
SJM	C	-0.75%
SRCL	A	-0.75%
PARA	F	-0.61%
NVST	D	-0.53%
PHIN	B	-0.26%