CRUZ vs. LUX ETF Comparison

Comparison of Defiance Hotel, Airline, and Cruise ETF (CRUZ) to Tema ETF Trust Tema Luxury ETF (LUX)

CRUZ

Defiance Hotel, Airline, and Cruise ETF

CRUZ Description

The investment seeks to track the total return performance, before fees and expenses, of the BlueStar Global Hotels, Airlines, and Cruises Index (the “index”). The index is a rules-based index that consists of globally-listed stocks of companies that derive at least 50% of their revenues from the passenger airline, hotel and resort, or cruise industries (“Travel Companies”) as determined by MV Index Solutions. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in Travel Companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.95

Average Daily Volume

8,521

Number of Holdings ^*

27

* may have additional holdings in another (foreign) market

LUX

Tema ETF Trust Tema Luxury ETF

LUX Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in common and preferred stocks of publicly listed companies that are contained within a recognized global luxury index, such as the S&P 500 Global Luxury Index or other comparable luxury index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.34

Average Daily Volume

3,081

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	CRUZ	LUX
30 Days	7.08%	-0.38%
60 Days	16.32%	5.86%
90 Days	5.91%	-0.91%
12 Months	27.43%	8.62%

2 Overlapping Holdings

	Symbol	Grade	Weight in CRUZ	Weight in LUX	Overlap
	HLT	A	7.87%	4.5%	4.5%
	MAR	B	7.91%	4.21%	4.21%

CRUZ Overweight 25 Positions Relative to LUX

	Symbol	Grade	Weight
	RCL	C	7.53%
	DAL	C	7.46%
	CCL	C	5.06%
	IHG	C	4.01%
	UAL	B	3.74%
	LUV	B	2.85%
	HST	D	2.74%
	NCLH	C	2.38%
	AAL	D	1.85%
	HTHT	A	1.77%
	RHP	C	1.59%
	ALK	B	1.44%
	WH	C	1.4%
	H	C	1.06%
	CHH	B	0.86%
	APLE	D	0.83%
	PK	D	0.81%
	SKYW	B	0.8%
	ATAT	A	0.63%
	CPA	D	0.62%
	SHO	D	0.6%
	JBLU	B	0.55%
	RLJ	D	0.51%
	DRH	C	0.51%
	PEB	D	0.38%

CRUZ Underweight 1 Positions Relative to LUX

	Symbol	Grade	Weight
	VIK	B	-4.46%

CRUZ: Top Represented Industries & Keywords

Industries: Airlines Lodging REIT - Hotel & Motel Leisure

Keywords: Hospitality Industry S&P 500 Aviation Hotel Real Estate Investment Trust Airline Opentravel Alliance Travel Air Transportation Hotel Chains Tourism Air Transportation Services Cruise Lines Franchising Marriott International Real Estate Market Airport Cargo Services Cruise Ship Gaylord Hotels

LUX: Top Represented Industries & Keywords

Industries: Lodging Travel Services

Keywords: Hospitality Industry Hotel Hotel Chains S&P 500 Timeshare Accenture Cruise Lines Cruise Ship Destination Club Franchising Gaylord Hotels Marriott International Marriott Vacation Club Nasdaq 100 Opentravel Alliance Private Equity Travel Experiences