CGRO vs. CQQQ ETF Comparison

Comparison of CoreValues Alpha Greater China Growth ETF (CGRO) to Guggenheim China Technology ETF (CQQQ)

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

$23.27

Average Daily Volume

739

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CQQQ

Guggenheim China Technology ETF

CQQQ Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the AlphaShares China Technology Index. The fund invests at least 80% of its assets in common stock, ADRs, ADSs, GDRs and IDRs that comprise the index and depositary receipts or shares representing common stocks included in the index. The index is designed to measure and monitor the performance of the universe of publicly-traded companies which are based in mainland China, Hong Kong or Macau, are in the Information Technology Sector, as defined by GICS and are open to foreign investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.67

Average Daily Volume

509,134

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CGRO	CQQQ
30 Days	-1.56%	-0.07%
60 Days	16.55%	27.62%
90 Days	18.80%	28.38%
12 Months	13.83%	10.90%

3 Overlapping Holdings

Symbol	Grade	Weight in CGRO	Weight in CQQQ	Overlap
BIDU	D	2.08%	5.35%	2.08%
BILI	D	0.91%	3.96%	0.91%
PDD	F	9.47%	7.32%	7.32%

CGRO Overweight 7 Positions Relative to CQQQ

Symbol	Grade	Weight
TCOM	B	7.4%
BEKE	C	4.55%
BABA	D	3.58%
YMM	C	2.97%
TME	D	2.54%
LI	F	1.17%
NTES	C	0.35%

CGRO Underweight 4 Positions Relative to CQQQ

Symbol	Grade	Weight
GDS	C	-1.66%
ATHM	C	-1.24%
YY	B	-0.79%
WB	C	-0.46%

CQQQ: Top Represented Industries & Keywords

Industries: Internet Content & Information Data Storage Specialty Retail