CGRO vs. EBIZ ETF Comparison

Comparison of CoreValues Alpha Greater China Growth ETF (CGRO) to Global X E-commerce ETF (EBIZ)
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

$27.68

Average Daily Volume

889

Number of Holdings *

5

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

Global X E-commerce ETF

EBIZ Description The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive E-commerce Index. The fund invests at least 80% of its total assets in the securities of the underlying index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of e-commerce as a distribution model, including but not limited to companies whose principal business is in operating e-commerce platforms, providing e-commerce software and services, and/or selling goods and services online. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.30

Average Daily Volume

10,787

Number of Holdings *

32

* may have additional holdings in another (foreign) market
Performance
Period CGRO EBIZ
30 Days 44.32% 18.51%
60 Days 50.13% 27.25%
90 Days 36.15% 18.56%
12 Months 61.82%
2 Overlapping Holdings
Symbol Grade Weight in CGRO Weight in EBIZ Overlap
PDD B 5.92% 3.13% 3.13%
TCOM A 5.43% 4.05% 4.05%
CGRO Overweight 3 Positions Relative to EBIZ
Symbol Grade Weight
TME B 4.66%
TSM B 4.28%
YMM A 4.21%
CGRO Underweight 30 Positions Relative to EBIZ
Symbol Grade Weight
SE B -4.96%
JD A -4.73%
SHOP B -4.68%
MELI D -4.64%
BABA A -4.64%
EBAY A -4.53%
CVNA A -4.53%
EXPE B -4.16%
GDDY B -4.1%
RBA D -3.9%
BKNG B -3.87%
AMZN C -3.79%
CSGP F -3.67%
WSM C -3.64%
VIPS B -3.62%
NTES B -3.52%
W C -3.49%
ETSY F -3.36%
GLBE C -2.61%
ACVA C -2.37%
TRIP D -1.15%
SSTK F -0.69%
TREE C -0.52%
LQDT C -0.39%
ANGI D -0.37%
JMIA D -0.34%
VTEX C -0.29%
BIGC F -0.28%
QRTEA D -0.22%
GRPN F -0.17%
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