CVAR vs. FCFY ETF Comparison

Comparison of Cultivar ETF (CVAR) to First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY)

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

$27.33

Average Daily Volume

503

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FCFY

First Trust S&P 500 Diversified Free Cash Flow ETF

FCFY Description

Under normal conditions, the fund will invest at least 80% of its net assets in the securities that comprise the index. The index measures the performance of companies within the S&P 500® Index that have the highest relative FCF Yield within each GICS® sector represented in the S&P 500® Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.09

Average Daily Volume

282

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	CVAR	FCFY
30 Days	0.42%	3.04%
60 Days	1.40%	3.31%
90 Days	4.56%	4.37%
12 Months	19.10%	25.13%

11 Overlapping Holdings

Symbol	Grade	Weight in CVAR	Weight in FCFY	Overlap
ARE	F	0.91%	0.35%	0.35%
BMY	B	0.65%	1.23%	0.65%
HAS	D	1.01%	0.72%	0.72%
JNJ	C	1.26%	0.64%	0.64%
KMB	C	1.02%	0.52%	0.52%
MMM	D	0.49%	0.58%	0.49%
QRVO	F	1.16%	1.57%	1.16%
SW	A	0.9%	0.37%	0.37%
SWKS	F	0.9%	2.98%	0.9%
TFC	A	0.99%	0.71%	0.71%
WBD	B	0.18%	3.78%	0.18%

CVAR Overweight 65 Positions Relative to FCFY

Symbol	Grade	Weight
CLB	B	5.62%
NWN	A	5.43%
LUV	C	5.42%
MKTX	D	5.06%
NEM	D	4.08%
PRLB	B	3.46%
HCSG	C	2.94%
VEEV	C	1.84%
PAYC	B	1.74%
GPN	B	1.66%
MKC	C	1.62%
INTC	C	1.47%
MDT	D	1.37%
HUM	C	1.36%
ES	C	1.21%
HRL	D	1.2%
DEI	B	1.15%
TSN	B	1.13%
ABT	B	1.11%
WU	F	1.08%
FMS	A	1.08%
GOLD	C	1.07%
C	A	1.07%
CLX	A	1.05%
WKC	C	1.03%
EW	C	1.02%
ZTS	D	1.02%
G	B	1.02%
POR	C	1.01%
PRGO	C	1.0%
NKE	F	1.0%
BABA	D	0.96%
ANSS	B	0.92%
DG	F	0.91%
SJM	D	0.89%
CVS	D	0.89%
INDB	B	0.87%
CMCSA	B	0.81%
FMC	D	0.81%
CGNX	D	0.81%
AAP	D	0.79%
KRC	B	0.7%
BP	D	0.68%
INGN	C	0.64%
PYPL	B	0.63%
WHR	B	0.61%
MNRO	D	0.6%
OGS	A	0.57%
MCHP	F	0.57%
IDA	A	0.55%
ILMN	C	0.55%
ADSK	A	0.55%
ESRT	C	0.55%
PARA	C	0.54%
LTC	B	0.53%
CTSH	B	0.52%
ZBH	C	0.52%
JBT	B	0.5%
SCS	C	0.48%
PDM	D	0.48%
SQM	D	0.47%
RDUS	B	0.47%
PFE	F	0.46%
CCI	C	0.42%
CMP	C	0.34%

CVAR Underweight 90 Positions Relative to FCFY

Symbol	Grade	Weight
GEN	B	-3.1%
HPQ	B	-2.87%
HPE	B	-2.76%
EPAM	B	-2.39%
JBL	C	-2.37%
SYF	B	-2.37%
QCOM	F	-2.18%
FFIV	B	-2.08%
NTAP	C	-1.81%
T	A	-1.8%
EXPE	B	-1.77%
MTCH	D	-1.7%
CAH	B	-1.66%
CSCO	B	-1.66%
COF	C	-1.65%
IPG	D	-1.64%
IBM	C	-1.49%
NRG	B	-1.48%
TPR	B	-1.46%
AKAM	D	-1.39%
LEN	D	-1.3%
COR	B	-1.25%
DFS	B	-1.18%
SOLV	D	-1.11%
RL	C	-1.05%
SNA	A	-1.01%
FIS	C	-1.01%
VTRS	A	-0.94%
NTRS	A	-0.93%
MO	A	-0.91%
TAP	C	-0.9%
MET	A	-0.87%
ABNB	C	-0.85%
ADM	D	-0.85%
VLO	C	-0.85%
CI	D	-0.84%
WFC	A	-0.83%
GILD	C	-0.82%
PRU	A	-0.79%
MCK	A	-0.78%
IVZ	B	-0.77%
EG	C	-0.76%
BWA	D	-0.76%
HOLX	D	-0.71%
CFG	B	-0.71%
BBY	D	-0.71%
MHK	D	-0.67%
LDOS	C	-0.66%
MPC	D	-0.66%
CNC	D	-0.65%
TGT	F	-0.64%
BG	D	-0.63%
CAG	F	-0.63%
NUE	C	-0.62%
DVA	C	-0.61%
BLDR	D	-0.6%
PCAR	B	-0.6%
DVN	F	-0.59%
APTV	F	-0.59%
MRO	B	-0.58%
HBAN	A	-0.57%
GNRC	C	-0.56%
BIIB	F	-0.55%
J	D	-0.54%
BEN	C	-0.52%
WAB	B	-0.5%
MAS	D	-0.5%
AME	A	-0.49%
GIS	D	-0.48%
CAT	B	-0.47%
VST	A	-0.47%
HAL	C	-0.46%
TXT	D	-0.45%
LMT	D	-0.45%
FTV	C	-0.45%
ACGL	C	-0.44%
EXPD	C	-0.43%
SPG	A	-0.39%
SWK	D	-0.39%
LYB	F	-0.38%
BXP	C	-0.37%
NEE	C	-0.37%
HST	C	-0.35%
STLD	B	-0.31%
VICI	C	-0.31%
WEC	A	-0.27%
PPG	F	-0.26%
O	C	-0.25%
DOC	C	-0.25%
CE	F	-0.17%