CGRO vs. SOCL ETF Comparison

Comparison of CoreValues Alpha Greater China Growth ETF (CGRO) to Global X Social Media Index ETF (SOCL)

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

$22.44

Average Daily Volume

747

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SOCL

Global X Social Media Index ETF

SOCL Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Social Media Total Return Index. The fund will invest at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. The underlying index tracks the equity performance of the largest and most liquid companies involved in the social media industry, including companies that provide social networking, file sharing, and other web-based media applications. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.67

Average Daily Volume

10,406

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CGRO	SOCL
30 Days	-6.43%	1.13%
60 Days	11.80%	3.66%
90 Days	14.69%	5.25%
12 Months	10.13%	6.57%

4 Overlapping Holdings

Symbol	Grade	Weight in CGRO	Weight in SOCL	Overlap
BIDU	F	2.08%	4.28%	2.08%
BILI	D	0.91%	2.31%	0.91%
NTES	D	0.35%	4.96%	0.35%
TME	D	2.54%	3.45%	2.54%

CGRO Overweight 6 Positions Relative to SOCL

Symbol	Grade	Weight
PDD	F	9.47%
TCOM	B	7.4%
BEKE	D	4.55%
BABA	D	3.58%
YMM	C	2.97%
LI	F	1.17%

CGRO Underweight 26 Positions Relative to SOCL

Symbol	Grade	Weight
META	D	-9.88%
PINS	D	-7.61%
SPOT	B	-6.11%
GOOGL	C	-5.06%
SNAP	C	-4.95%
RDDT	B	-4.28%
MTCH	D	-3.49%
IAC	D	-1.54%
LIF	D	-1.29%
YELP	C	-1.03%
DJT	C	-0.88%
SPT	C	-0.61%
YY	C	-0.53%
VMEO	B	-0.4%
MOMO	D	-0.39%
FVRR	B	-0.37%
CXM	C	-0.35%
BMBL	C	-0.33%
WB	D	-0.3%
GRND	A	-0.18%
YALA	D	-0.17%
HUYA	F	-0.1%
GRPN	F	-0.07%
ANGI	D	-0.06%
DOYU	C	-0.06%
GCBC	C	-0.06%