CUT vs. VEGI ETF Comparison

Comparison of Invesco MSCI Global Timber ETF (CUT) to iShares MSCI Agriculture Producers Fund (VEGI)

CUT

Invesco MSCI Global Timber ETF

CUT 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 Beacon Global Timber Index. The fund will invest at least 90% of its total assets in common stock, American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the index and depositary receipts representing common stocks included in the index (or underlying securities representing the ADRs and GDRs included in the index). It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.52

Average Daily Volume

1,633

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

VEGI

iShares MSCI Agriculture Producers Fund

VEGI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI ACWI Select Agriculture Producers Investable Market Index (the "underlying index"). The fund generally invests at least 80% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities of companies primarily engaged in the business of agriculture in both developed and emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.31

Average Daily Volume

14,427

Number of Holdings ^*

21

* may have additional holdings in another (foreign) market

Performance

Period	CUT	VEGI
30 Days	-3.74%	-1.85%
60 Days	-2.40%	-4.64%
90 Days	-3.60%	-7.34%
12 Months	14.77%	-7.88%

0 Overlapping Holdings

	Symbol	Grade	Weight in CUT	Weight in VEGI	Overlap

CUT Overweight 19 Positions Relative to VEGI

	Symbol	Grade	Weight
	WRK	C	10.99%
	IP	C	5.76%
	PKG	C	5.47%
	AMCR	D	5.27%
	AVY	D	5.23%
	WY	F	4.76%
	GPK	D	3.86%
	LPX	D	2.68%
	SEE	F	2.45%
	SON	F	2.37%
	WFG	D	2.08%
	RYN	D	1.9%
	PCH	F	1.43%
	SLVM	D	1.22%
	PIN	A	1.18%
	CLW	D	0.41%
	PTVE	F	0.26%
	MERC	F	0.18%
	PACK	D	0.13%

CUT Underweight 21 Positions Relative to VEGI

	Symbol	Grade	Weight
	DE	F	-22.26%
	CTVA	D	-8.38%
	ADM	C	-6.79%
	BG	B	-3.45%
	CF	F	-3.14%
	LW	F	-2.69%
	TTC	C	-2.15%
	MOS	F	-2.12%
	CNH	F	-1.99%
	INGR	D	-1.68%
	FMC	F	-1.59%
	AGCO	F	-1.4%
	DAR	F	-1.3%
	SMG	D	-0.63%
	CALM	B	-0.57%
	PPC	B	-0.41%
	ALG	F	-0.41%
	LNN	D	-0.32%
	VITL	C	-0.27%
	FDP	F	-0.19%
	TWI	F	-0.08%

CUT: Top Represented Industries & Keywords

Industries: Packaging & Containers Lumber & Wood Production Paper & Paper Products Building Materials Business Equipment Conglomerates REIT - Diversified

Keywords: Containers Packaging Materials Paper S&P 500 Packaging And Labeling Packaging Solutions Paperboard Pulp Pulp And Paper Industry Wood Products Packaging Products Paper Products Printing Timberland Beverage Cellulose Lumber Packaging Papermaking Plywood

VEGI: Top Represented Industries & Keywords

Industries: Farm & Construction Equipment Agricultural Inputs Farm Products Packaged Foods Tools & Accessories Waste Management

Keywords: S&P 500 Agriculture Loader Animal Feed Construction Equipment Crops Foods Irrigation Mower Soybean Sugarcane Tractor Backhoe Cotton Energy Crops Fertilizer Forage Equipment Intensive Farming Meals Phosphates