CVAR vs. FCOM ETF Comparison

Comparison of Cultivar ETF (CVAR) to Fidelity MSCI Telecommunication Services Index ETF (FCOM)

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

FCOM

Fidelity MSCI Telecommunication Services Index ETF

FCOM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Telecommunication Services 25/50 Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Telecommunication Services 25/50 Index, which represents the performance of the telecommunication services sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Telecommunication Services 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.90

Average Daily Volume

78,923

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CVAR	FCOM
30 Days	1.25%	5.29%
60 Days	2.07%	7.10%
90 Days	5.42%	9.75%
12 Months	20.08%	35.81%

3 Overlapping Holdings

Symbol	Grade	Weight in CVAR	Weight in FCOM	Overlap
CMCSA	B	0.8%	4.15%	0.8%
PARA	C	0.5%	0.45%	0.45%
WBD	C	0.19%	1.27%	0.19%

CVAR Overweight 73 Positions Relative to FCOM

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%
ARE	D	1.27%
TSN	B	1.27%
ES	D	1.26%
HRL	D	1.19%
ABT	B	1.14%
FMS	A	1.14%
WU	D	1.13%
DEI	B	1.11%
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%
FMC	D	0.78%
G	B	0.77%
TFC	A	0.77%
CGNX	C	0.75%
BP	D	0.7%
KRC	C	0.67%
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%
ESRT	C	0.55%
ADSK	A	0.54%
LTC	B	0.53%
JBT	B	0.51%
BIIB	F	0.5%
CTSH	B	0.5%
SQM	F	0.49%
MMM	D	0.49%
ILMN	D	0.48%
SCS	C	0.47%
PDM	D	0.45%
PFE	D	0.44%
RDUS	C	0.43%
CCI	D	0.43%
CMP	C	0.39%

CVAR Underweight 90 Positions Relative to FCOM

Symbol	Grade	Weight
META	D	-21.65%
GOOGL	C	-12.65%
GOOG	C	-9.85%
NFLX	A	-5.0%
DIS	B	-4.36%
VZ	C	-4.13%
T	A	-4.11%
TMUS	B	-3.35%
TTD	B	-1.8%
EA	A	-1.57%
CHTR	C	-1.49%
TTWO	A	-1.37%
LYV	A	-1.34%
RBLX	C	-1.25%
OMC	C	-1.03%
FOXA	B	-0.85%
NWSA	B	-0.85%
PINS	D	-0.84%
LBRDK	C	-0.81%
IPG	D	-0.77%
ROKU	D	-0.74%
TKO	B	-0.73%
SNAP	C	-0.71%
NYT	C	-0.65%
LUMN	C	-0.65%
MTCH	D	-0.63%
FYBR	D	-0.52%
FOX	A	-0.48%
EDR	A	-0.42%
NXST	C	-0.41%
IAC	D	-0.28%
CNK	B	-0.28%
CCOI	B	-0.28%
MSGS	A	-0.27%
RDDT	B	-0.26%
IRDM	D	-0.25%
TDS	B	-0.25%
SATS	D	-0.24%
CARG	C	-0.24%
TGNA	B	-0.24%
ZI	D	-0.2%
ZD	C	-0.2%
YELP	C	-0.18%
MGNI	A	-0.16%
NPAB	B	-0.16%
SIRI	C	-0.15%
DJT	C	-0.15%
CABO	C	-0.14%
LBRDA	C	-0.12%
TRIP	F	-0.12%
GSAT	C	-0.11%
CARS	B	-0.1%
AMC	C	-0.1%
QNST	B	-0.09%
IMAX	B	-0.09%
VMEO	B	-0.08%
USM	B	-0.08%
MSGE	F	-0.08%
IDT	B	-0.07%
LGF.A	C	-0.07%
LILAK	D	-0.07%
STGW	B	-0.06%
GCI	D	-0.06%
SSTK	F	-0.06%
IAS	C	-0.06%
BMBL	C	-0.06%
TTGT	C	-0.06%
SHEN	F	-0.05%
PUBM	C	-0.05%
SCHL	D	-0.05%
ZIP	F	-0.05%
FUBO	F	-0.04%
EVER	F	-0.04%
IBTA	C	-0.04%
THRY	F	-0.04%
GOGO	C	-0.04%
ATUS	C	-0.04%
MCS	B	-0.04%
CNSL	C	-0.03%
BOC	C	-0.03%
ADV	D	-0.03%
ATEX	D	-0.03%
CCO	C	-0.03%
GTN	F	-0.03%
LGF.A	C	-0.03%
MAX	F	-0.03%
LILA	D	-0.02%
EB	C	-0.02%
AMCX	C	-0.02%
ANGI	D	-0.01%