DARP vs. IQRA ETF Comparison

Comparison of Grizzle Growth ETF (DARP) to IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF (IQRA)

DARP

Grizzle Growth ETF

DARP Description

The fund is an actively managed exchange-traded fund ("ETF") that invests primarily in equity securities of companies, with a focus on growth, innovation and disruption. The fund seeks to identify future leaders in the following overarching key growth themes including, but not limited to: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.29

Average Daily Volume

1,075

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IQRA

IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF

IQRA Description

The fund will normally invest at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by real assets companies. Under normal circumstances, the fund invests primarily in common stock, but may also invest in other equity securities including preferred stock, convertible securities, rights or warrants to buy common stocks, master limited partnerships ("MLPs"), and depositary receipts with characteristics similar to common stock.

Grade (RS Rating)

Last Trade

$27.23

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DARP	IQRA
30 Days	0.57%	-1.13%
60 Days	9.63%	-1.86%
90 Days	7.56%	1.11%
12 Months	30.76%	20.45%

1 Overlapping Holdings

	Symbol	Grade	Weight in DARP	Weight in IQRA	Overlap
	NEE	C	2.2%	2.13%	2.13%

DARP Overweight 23 Positions Relative to IQRA

Symbol	Grade	Weight
NVDA	B	21.66%
MSFT	D	7.71%
AAPL	C	7.16%
GOOGL	C	6.01%
META	D	5.4%
MU	D	5.14%
AMZN	C	4.21%
TSM	B	3.45%
RRC	B	2.96%
TSLA	B	2.9%
ASML	F	2.82%
VRT	B	2.76%
TWLO	A	1.53%
AR	B	1.51%
TTD	B	1.3%
CIFR	C	1.02%
ABNB	C	0.99%
TT	A	0.91%
EU	D	0.89%
AMAT	F	0.87%
BTBT	C	0.86%
PANW	B	0.52%
CMPS	F	0.37%

DARP Underweight 46 Positions Relative to IQRA

Symbol	Grade	Weight
SPG	A	-5.27%
O	C	-3.8%
EQIX	A	-3.71%
TRGP	A	-3.45%
WEC	A	-2.67%
CSX	C	-2.65%
SUI	C	-2.14%
WELL	A	-2.07%
AMT	C	-2.01%
PPL	A	-1.61%
PCG	A	-1.56%
HST	C	-1.5%
REG	A	-1.32%
CUBE	C	-1.31%
DLR	B	-1.21%
ATO	A	-1.03%
ADC	A	-1.03%
UE	B	-1.02%
EXR	C	-1.01%
COLD	D	-1.01%
PAGP	A	-0.95%
CMS	C	-0.93%
XEL	A	-0.93%
IRM	C	-0.91%
ESRT	C	-0.88%
WTRG	B	-0.85%
REXR	F	-0.84%
OGE	A	-0.83%
CNI	F	-0.8%
SRE	A	-0.78%
DTE	C	-0.77%
EVRG	A	-0.76%
NSC	B	-0.73%
INVH	D	-0.73%
AES	F	-0.71%
CNP	A	-0.69%
VICI	C	-0.67%
CPK	A	-0.65%
BRX	A	-0.63%
AEE	A	-0.53%
PSA	C	-0.51%
CEG	C	-0.47%
FCPT	C	-0.43%
ALE	A	-0.41%
KMI	A	-0.36%
POR	C	-0.33%