CVAR vs. ITAN ETF Comparison

Comparison of Cultivar ETF (CVAR) to Sparkline Intangible Value ETF (ITAN)

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

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$32.05

Average Daily Volume

1,878

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

Performance

Period	CVAR	ITAN
30 Days	1.25%	5.34%
60 Days	2.07%	7.33%
90 Days	5.42%	9.71%
12 Months	20.08%	31.35%

20 Overlapping Holdings

Symbol	Grade	Weight in CVAR	Weight in ITAN	Overlap
ADSK	A	0.54%	0.64%	0.54%
BIIB	F	0.5%	0.4%	0.4%
BMY	B	0.63%	1.04%	0.63%
CMCSA	B	0.8%	1.07%	0.8%
CTSH	B	0.5%	0.77%	0.5%
CVS	D	0.92%	0.96%	0.92%
G	B	0.77%	0.28%	0.28%
HAS	D	1.0%	0.26%	0.26%
HUM	C	1.34%	0.56%	0.56%
ILMN	D	0.48%	0.5%	0.48%
INTC	D	1.49%	1.25%	1.25%
MDT	D	1.39%	1.15%	1.15%
MMM	D	0.49%	0.88%	0.49%
PARA	C	0.5%	0.28%	0.28%
PFE	D	0.44%	1.32%	0.44%
PYPL	B	0.63%	1.09%	0.63%
QRVO	F	1.53%	0.2%	0.2%
SWKS	F	0.88%	0.33%	0.33%
WBD	C	0.19%	0.55%	0.19%
WHR	B	0.62%	0.27%	0.27%

CVAR Overweight 56 Positions Relative to ITAN

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%
NKE	D	1.49%
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%
DG	F	0.94%
SW	A	0.94%
ANSS	B	0.92%
BABA	D	0.92%
SJM	D	0.89%
INDB	B	0.86%
AAP	C	0.8%
FMC	D	0.78%
TFC	A	0.77%
CGNX	C	0.75%
BP	D	0.7%
KRC	C	0.67%
OGS	A	0.6%
MNRO	D	0.59%
INGN	C	0.56%
MCHP	D	0.55%
ZBH	C	0.55%
ESRT	C	0.55%
LTC	B	0.53%
JBT	B	0.51%
SQM	F	0.49%
SCS	C	0.47%
PDM	D	0.45%
RDUS	C	0.43%
CCI	D	0.43%
CMP	C	0.39%

CVAR Underweight 131 Positions Relative to ITAN

Symbol	Grade	Weight
AMZN	C	-4.72%
META	D	-2.91%
ORCL	B	-2.38%
GOOG	C	-2.11%
GOOGL	C	-2.11%
CRM	B	-2.09%
CSCO	B	-1.77%
IBM	C	-1.76%
T	A	-1.63%
ACN	C	-1.58%
WFC	A	-1.56%
QCOM	F	-1.53%
TMUS	B	-1.43%
VZ	C	-1.36%
DIS	B	-1.25%
RTX	C	-1.22%
HON	B	-1.21%
DELL	C	-1.13%
COF	B	-1.08%
BA	F	-1.03%
GM	B	-0.97%
SQ	B	-0.94%
GILD	C	-0.9%
PANW	C	-0.89%
NOC	D	-0.88%
FDX	B	-0.86%
CMI	A	-0.85%
TGT	F	-0.83%
F	C	-0.81%
UAL	A	-0.76%
HPQ	B	-0.74%
ALL	A	-0.74%
CHTR	C	-0.71%
DASH	A	-0.71%
LHX	C	-0.71%
BDX	F	-0.69%
JCI	C	-0.68%
NXPI	D	-0.67%
WDAY	B	-0.67%
EBAY	D	-0.66%
NTAP	C	-0.64%
GD	F	-0.64%
HPE	B	-0.63%
DAL	C	-0.61%
GLW	B	-0.6%
EXPE	B	-0.59%
CVNA	B	-0.58%
CNC	D	-0.56%
EA	A	-0.55%
WDC	D	-0.55%
PRU	A	-0.54%
CAH	B	-0.52%
DOCU	A	-0.52%
KR	B	-0.51%
VTRS	A	-0.51%
ZM	B	-0.51%
SNAP	C	-0.5%
ZS	C	-0.5%
TWLO	A	-0.49%
NTNX	A	-0.48%
LDOS	C	-0.47%
FFIV	B	-0.46%
DD	D	-0.45%
ROK	B	-0.45%
BBY	D	-0.45%
ZBRA	B	-0.45%
BAX	D	-0.45%
DGX	A	-0.44%
LH	C	-0.44%
TRMB	B	-0.43%
IQV	D	-0.43%
OKTA	C	-0.42%
ACM	A	-0.42%
J	F	-0.41%
PSTG	D	-0.4%
AAL	B	-0.4%
JNPR	F	-0.4%
BAH	F	-0.4%
CIEN	B	-0.39%
DVA	B	-0.38%
EXAS	D	-0.38%
TPR	B	-0.38%
LMT	D	-0.38%
JLL	D	-0.37%
ROKU	D	-0.37%
DBX	B	-0.37%
JBL	B	-0.37%
LYFT	C	-0.36%
IP	B	-0.36%
EMN	D	-0.35%
CACI	D	-0.35%
NWSA	B	-0.34%
AKAM	D	-0.33%
TRU	D	-0.33%
LUMN	C	-0.32%
ALLY	C	-0.32%
ACI	C	-0.31%
JAZZ	B	-0.3%
TAP	C	-0.3%
ELAN	D	-0.29%
SWK	D	-0.29%
TXT	D	-0.29%
U	C	-0.29%
ANF	C	-0.28%
ETSY	D	-0.28%
W	F	-0.28%
WBA	F	-0.27%
MASI	A	-0.27%
BOX	B	-0.26%
FAF	A	-0.26%
BIO	D	-0.25%
ALK	C	-0.25%
MTCH	D	-0.24%
FLS	B	-0.24%
MAT	D	-0.24%
IVZ	B	-0.24%
GAP	C	-0.23%
RIVN	F	-0.23%
NOV	C	-0.23%
UAA	C	-0.23%
PATH	C	-0.23%
DOX	D	-0.23%
ARW	D	-0.23%
RHI	B	-0.22%
BWA	D	-0.22%
HRB	D	-0.21%
AGCO	D	-0.2%
HOG	D	-0.2%
M	D	-0.16%
RUN	F	-0.14%
XRAY	F	-0.14%