ECML vs. HAP ETF Comparison

Comparison of EA Series Trust Euclidean Fundamental Value ETF (ECML) to Market Vectors Hard Assets Producers ETF (HAP)

ECML

EA Series Trust Euclidean Fundamental Value ETF

ECML Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in U.S. equity securities that the sub-adviser believes are under-valued and under-appreciated by the market. The sub-adviser employs a quantitative and systematic approach to long-term investing. It is expected that the fund will generally hold 60 to 70 stocks that are selected from a universe that includes all publicly traded stocks listed on the New York Stock Exchange ("NYSE") and the Nasdaq Market ("Nasdaq").

Grade (RS Rating)

Last Trade

$35.74

Average Daily Volume

1,188

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HAP

Market Vectors Hard Assets Producers ETF

HAP Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of The RogersÃ¤-Van Eck Hard Assets Producers Index. The fund normally invests at least 80% of its total assets in equity securities, which may include depositary receipts, of U.S. and foreign hard asset producer companies. It may concentrate its investments in a particular industry or group of industries to the extent that the Hard Assets Producers Index concentrates in an industry or group of industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.83

Average Daily Volume

4,530

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECML	HAP
30 Days	7.29%	-1.52%
60 Days	4.81%	-1.83%
90 Days	5.05%	-0.94%
12 Months	27.68%	8.79%

11 Overlapping Holdings

Symbol	Grade	Weight in ECML	Weight in HAP	Overlap
BG	F	1.41%	0.85%	0.85%
CF	B	1.54%	1.07%	1.07%
COP	C	1.64%	1.16%	1.16%
DVN	F	1.5%	0.24%	0.24%
EOG	A	1.69%	0.56%	0.56%
INGR	B	1.76%	0.87%	0.87%
LNG	B	1.81%	0.49%	0.49%
MPC	D	1.48%	0.49%	0.49%
NUE	C	1.48%	0.96%	0.96%
STLD	B	1.69%	0.73%	0.73%
VLO	C	1.6%	0.42%	0.42%

ECML Overweight 49 Positions Relative to HAP

Symbol	Grade	Weight
MLI	C	2.27%
ALSN	B	2.24%
CALM	A	2.21%
HSII	B	2.11%
TOL	B	1.95%
GPI	A	1.86%
PRDO	B	1.84%
CEIX	A	1.83%
PPC	C	1.83%
FOXA	B	1.82%
TMHC	B	1.78%
OVV	B	1.77%
SM	B	1.75%
GRBK	D	1.74%
MO	A	1.72%
OSK	B	1.7%
OC	A	1.69%
PHM	D	1.68%
DDS	B	1.67%
KBH	D	1.67%
SANM	B	1.65%
GIII	D	1.65%
ARCH	B	1.65%
CMC	B	1.64%
SIRI	C	1.62%
TPH	D	1.6%
COKE	C	1.6%
HCC	B	1.58%
PCAR	B	1.58%
MHO	D	1.58%
ATKR	C	1.55%
HESM	B	1.54%
AMR	C	1.53%
TEX	D	1.51%
LEN	D	1.51%
BCC	B	1.51%
AN	C	1.48%
ANDE	D	1.47%
PLAB	C	1.46%
DINO	D	1.45%
DHI	D	1.43%
IMKTA	C	1.43%
LBRT	D	1.41%
MTH	D	1.4%
ARW	D	1.29%
MOH	F	1.29%
INSW	F	1.22%
LPG	F	1.17%
FOR	F	1.16%

ECML Underweight 46 Positions Relative to HAP

Symbol	Grade	Weight
CVX	A	-5.84%
XOM	B	-5.47%
DE	A	-5.05%
NEE	D	-4.34%
BHP	F	-3.72%
CTVA	C	-2.83%
RIO	D	-2.15%
FCX	D	-1.7%
TTE	F	-1.56%
ADM	D	-1.47%
TSN	B	-1.42%
NEM	D	-1.4%
VALE	F	-1.28%
GOLD	D	-1.07%
BP	D	-0.79%
CNH	C	-0.76%
MOS	F	-0.74%
DAR	C	-0.68%
PKX	F	-0.67%
TTC	D	-0.65%
WY	D	-0.65%
WMB	A	-0.61%
FSLR	F	-0.61%
AGCO	D	-0.6%
RS	B	-0.59%
FMC	D	-0.58%
OKE	A	-0.56%
KMI	A	-0.5%
PSX	C	-0.5%
MT	B	-0.49%
SLB	C	-0.49%
GFI	D	-0.47%
FANG	D	-0.43%
E	F	-0.43%
HES	B	-0.43%
SUZ	C	-0.39%
EBR	F	-0.36%
X	C	-0.34%
LPX	B	-0.33%
OXY	D	-0.33%
UFPI	B	-0.32%
WFG	D	-0.29%
WDS	D	-0.29%
EQNR	D	-0.28%
RGLD	C	-0.27%
HAL	C	-0.2%