CVAR vs. BBRE ETF Comparison

Comparison of Cultivar ETF (CVAR) to JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE)

CVAR

Cultivar ETF

CVAR Description

ETF Opportunities Trust - Cultivar ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Cultivar Capital, Inc. and Toroso Investments, LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis with bottom-up and top-down stock picking approach to create its portfolio. ETF Opportunities Trust - Cultivar ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$27.56

Average Daily Volume

504

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BBRE

JPMorgan BetaBuilders MSCI U.S. REIT ETF

BBRE Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$100.43

Average Daily Volume

36,489

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	CVAR	BBRE
30 Days	1.25%	-0.12%
60 Days	2.07%	-1.15%
90 Days	5.42%	2.93%
12 Months	20.08%	29.32%

6 Overlapping Holdings

Symbol	Grade	Weight in CVAR	Weight in BBRE	Overlap
ARE	D	1.27%	1.42%	1.27%
DEI	B	1.11%	0.3%	0.3%
ESRT	C	0.55%	0.14%	0.14%
KRC	C	0.67%	0.36%	0.36%
LTC	B	0.53%	0.14%	0.14%
PDM	D	0.45%	0.11%	0.11%

CVAR Overweight 70 Positions Relative to BBRE

Symbol	Grade	Weight
NEM	D	4.18%
MKTX	D	4.15%
CLB	B	3.05%
PRLB	A	3.02%
HCSG	C	2.77%
LUV	C	2.58%
NWN	A	2.06%
PAYC	B	1.72%
GPN	B	1.71%
VEEV	C	1.69%
MKC	D	1.61%
QRVO	F	1.53%
NKE	D	1.49%
INTC	D	1.49%
MDT	D	1.39%
HUM	C	1.34%
JNJ	D	1.28%
TSN	B	1.27%
ES	D	1.26%
HRL	D	1.19%
ABT	B	1.14%
FMS	A	1.14%
WU	D	1.13%
CLX	B	1.1%
C	A	1.09%
EW	C	1.09%
GOLD	D	1.08%
KMB	D	1.07%
ZTS	D	1.04%
PRGO	B	1.03%
WKC	D	1.03%
POR	C	1.02%
HAS	D	1.0%
DG	F	0.94%
SW	A	0.94%
ANSS	B	0.92%
CVS	D	0.92%
BABA	D	0.92%
SJM	D	0.89%
SWKS	F	0.88%
INDB	B	0.86%
AAP	C	0.8%
CMCSA	B	0.8%
FMC	D	0.78%
G	B	0.77%
TFC	A	0.77%
CGNX	C	0.75%
BP	D	0.7%
BMY	B	0.63%
PYPL	B	0.63%
WHR	B	0.62%
OGS	A	0.6%
MNRO	D	0.59%
INGN	C	0.56%
MCHP	D	0.55%
ZBH	C	0.55%
ADSK	A	0.54%
JBT	B	0.51%
BIIB	F	0.5%
CTSH	B	0.5%
PARA	C	0.5%
SQM	F	0.49%
MMM	D	0.49%
ILMN	D	0.48%
SCS	C	0.47%
PFE	D	0.44%
RDUS	C	0.43%
CCI	D	0.43%
CMP	C	0.39%
WBD	C	0.19%

CVAR Underweight 108 Positions Relative to BBRE

Symbol	Grade	Weight
PLD	D	-8.9%
EQIX	A	-7.34%
WELL	A	-6.17%
DLR	B	-4.57%
SPG	B	-4.49%
PSA	D	-4.27%
O	D	-3.75%
EXR	D	-3.02%
IRM	D	-2.95%
AVB	B	-2.78%
VICI	C	-2.7%
EQR	B	-2.27%
VTR	C	-2.24%
INVH	D	-1.8%
ESS	B	-1.7%
MAA	B	-1.59%
KIM	A	-1.47%
SUI	D	-1.37%
DOC	D	-1.3%
UDR	B	-1.26%
GLPI	C	-1.14%
REG	B	-1.09%
HST	C	-1.09%
ELS	C	-1.09%
CPT	B	-1.07%
BXP	D	-1.04%
AMH	D	-1.04%
WPC	D	-1.03%
CUBE	D	-0.95%
OHI	C	-0.82%
BRX	A	-0.78%
FRT	B	-0.73%
REXR	F	-0.69%
NNN	D	-0.69%
EGP	F	-0.65%
FR	C	-0.61%
ADC	B	-0.6%
VNO	B	-0.59%
STAG	F	-0.57%
COLD	D	-0.54%
KRG	B	-0.53%
RHP	B	-0.52%
SLG	B	-0.45%
CUZ	B	-0.42%
EPRT	B	-0.42%
IRT	A	-0.42%
TRNO	F	-0.4%
PECO	A	-0.4%
SBRA	C	-0.38%
MAC	B	-0.37%
NSA	D	-0.34%
SKT	B	-0.34%
CDP	C	-0.31%
EPR	D	-0.3%
APLE	B	-0.3%
HIW	D	-0.3%
NHI	D	-0.3%
PK	B	-0.28%
CTRE	D	-0.27%
BNL	D	-0.26%
IIPR	D	-0.26%
UE	C	-0.24%
LXP	D	-0.23%
MPW	F	-0.23%
AKR	B	-0.22%
FCPT	C	-0.22%
IVT	B	-0.21%
ROIC	A	-0.2%
EQC	B	-0.2%
SHO	C	-0.19%
DRH	B	-0.17%
JBGS	D	-0.15%
PEB	D	-0.15%
XHR	B	-0.15%
RLJ	C	-0.14%
ELME	D	-0.13%
GNL	F	-0.13%
ALEX	C	-0.13%
VRE	B	-0.13%
AAT	B	-0.13%
GTY	B	-0.12%
AIV	C	-0.12%
UMH	C	-0.1%
DEA	D	-0.1%
NXRT	B	-0.1%
CSR	B	-0.1%
BDN	C	-0.09%
PLYM	F	-0.08%
PGRE	F	-0.08%
AHH	D	-0.08%
NTST	D	-0.08%
GOOD	B	-0.07%
WSR	A	-0.07%
BFS	C	-0.06%
INN	D	-0.06%
FPI	B	-0.06%
OLP	B	-0.05%
ALX	D	-0.05%
UHT	D	-0.05%
GMRE	F	-0.05%
LAND	F	-0.04%
CBL	A	-0.04%
SVC	F	-0.04%
CLDT	B	-0.04%
CHCT	C	-0.04%
HPP	F	-0.04%
DHC	F	-0.03%
PKST	D	-0.03%