CGRO vs. CLIX ETF Comparison

Comparison of CoreValues Alpha Greater China Growth ETF (CGRO) to ProShares Long Online/Short Stores ETF (CLIX)

CGRO

CoreValues Alpha Greater China Growth ETF

CGRO Description

CGRO aims to benefit from high-growth sectors in Greater China without compromising American values and interests. The fund includes companies of all sizes located or primarily traded in mainland China, Taiwan, and Chinas special administrative regions, such as Hong Kong. The portfolio construction starts with top-down macro research, which utilizes publicly available data to identify sectors with the highest growth potential. The fund also conducts on-the-ground due diligence wherein it gains insights from 15 investment professionals located in China. Lastly, a fundamental bottom-up approach is used to analyze company-specific data such as financial reports and management expertise. The weight of each sector and company is determined by the sub-advisers assessment of its growth potential, which may change over time. The fund may invest in China A-shares, depositary receipts, and issuers listed on exchanges outside China.

Grade (RS Rating)

Last Trade

$23.94

Average Daily Volume

749

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

CLIX

ProShares Long Online/Short Stores ETF

CLIX Description

The investment seeks investment results, before fees and expenses, that track the performance of the ProShares Long Online/Short Stores Index (the index). The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index consists of long positions in the online retailers included in the ProShares Online Retail Index and short positions in the bricks and mortar retailers included in the Solactive-ProShares Bricks and Mortar Retail Store Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.06

Average Daily Volume

1,316

Number of Holdings ^*

16

* may have additional holdings in another (foreign) market

Performance

Period	CGRO	CLIX
30 Days	-11.97%	-3.62%
60 Days	26.00%	9.73%
90 Days	29.73%	11.20%
12 Months	20.40%	33.64%

2 Overlapping Holdings

	Symbol	Grade	Weight in CGRO	Weight in CLIX	Overlap
	BABA	B	3.75%	4.48%	3.75%
	PDD	C	10.12%	8.45%	8.45%

CGRO Overweight 8 Positions Relative to CLIX

	Symbol	Grade	Weight
	TCOM	A	7.46%
	BEKE	A	4.86%
	YMM	B	3.1%
	TME	D	2.65%
	BIDU	F	2.23%
	LI	C	1.43%
	BILI	A	0.89%
	NTES	F	0.37%

CGRO Underweight 14 Positions Relative to CLIX

	Symbol	Grade	Weight
	AMZN	A	-19.91%
	EBAY	D	-8.93%
	CVNA	A	-4.47%
	CPNG	B	-3.98%
	BKE	C	-3.38%
	RVLV	B	-3.35%
	FIGS	B	-3.29%
	CHWY	D	-3.13%
	ETSY	D	-3.0%
	W	F	-2.89%
	MELI	A	-2.52%
	JD	A	-2.43%
	SE	B	-2.08%
	GLBE	B	-1.44%

CGRO: Top Represented Industries & Keywords

Industries: Internet Content & Information Specialty Retail Auto Manufacturers Leisure Real Estate Services Software - Application

Keywords: Nasdaq 100 E-Commerce Advertising Services Entertainment Services Games Internet In China Online Advertising Online Entertainment Transport Advertising Inventory Airline Tickets Broadcasting Cargo Cloud Computing Communication Services Computing Platform Consumer Behaviour Consumer Marketplace Corporate Travel Management Data Management Platform

CLIX: Top Represented Industries & Keywords

Industries: Specialty Retail Internet Retail Apparel Manufacturing Apparel Stores Electronic Gaming & Multimedia

Keywords: E Commerce Nasdaq 100 E-Commerce Online Shopping Retailing E Commerce Platform Fashion Online Platform Advertising Services E Commerce Merchandising Mobile Commerce Mobile Devices Online Payments Retailers S&P 500 Sportswear Advertising Inventory Advertising Platform Analytics Services