ECML vs. VLUE ETF Comparison

Comparison of EA Series Trust Euclidean Fundamental Value ETF (ECML) to iShares MSCI USA Value Factor (VLUE)

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

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$114.13

Average Daily Volume

324,164

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

Performance

Period	ECML	VLUE
30 Days	7.29%	4.45%
60 Days	4.81%	5.68%
90 Days	5.05%	7.63%
12 Months	27.68%	25.66%

14 Overlapping Holdings

Symbol	Grade	Weight in ECML	Weight in VLUE	Overlap
BG	F	1.41%	0.2%	0.2%
CF	B	1.54%	0.16%	0.16%
DHI	D	1.43%	1.4%	1.4%
DINO	D	1.45%	0.16%	0.16%
FOXA	B	1.82%	0.33%	0.33%
LEN	D	1.51%	1.49%	1.49%
MO	A	1.72%	1.45%	1.45%
NUE	C	1.48%	0.45%	0.45%
OC	A	1.69%	0.36%	0.36%
OVV	B	1.77%	0.33%	0.33%
PCAR	B	1.58%	0.76%	0.76%
PHM	D	1.68%	0.94%	0.94%
STLD	B	1.69%	0.27%	0.27%
VLO	C	1.6%	0.78%	0.78%

ECML Overweight 46 Positions Relative to VLUE

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%
LNG	B	1.81%
TMHC	B	1.78%
INGR	B	1.76%
SM	B	1.75%
GRBK	D	1.74%
OSK	B	1.7%
EOG	A	1.69%
DDS	B	1.67%
KBH	D	1.67%
SANM	B	1.65%
GIII	D	1.65%
ARCH	B	1.65%
CMC	B	1.64%
COP	C	1.64%
SIRI	C	1.62%
TPH	D	1.6%
COKE	C	1.6%
HCC	B	1.58%
MHO	D	1.58%
ATKR	C	1.55%
HESM	B	1.54%
AMR	C	1.53%
TEX	D	1.51%
BCC	B	1.51%
DVN	F	1.5%
AN	C	1.48%
MPC	D	1.48%
ANDE	D	1.47%
PLAB	C	1.46%
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 134 Positions Relative to VLUE

Symbol	Grade	Weight
CSCO	B	-6.43%
T	A	-6.04%
IBM	C	-3.86%
INTC	D	-3.65%
GM	B	-3.6%
VZ	C	-2.91%
AMAT	F	-2.37%
BAC	A	-2.25%
PFE	D	-2.07%
WFC	A	-1.92%
C	A	-1.78%
RTX	C	-1.77%
F	C	-1.68%
BMY	B	-1.55%
CVS	D	-1.46%
GS	A	-1.43%
HPE	B	-1.4%
CI	F	-1.37%
GILD	C	-1.29%
SPG	B	-1.26%
HPQ	A	-1.19%
FDX	B	-1.18%
NXPI	D	-1.12%
GLW	B	-1.1%
CTSH	B	-1.1%
TEL	B	-1.02%
ELV	F	-0.97%
DELL	C	-0.84%
URI	B	-0.77%
KR	B	-0.75%
KHC	F	-0.74%
WBD	C	-0.7%
ON	D	-0.67%
COF	B	-0.66%
ADM	D	-0.65%
PCG	A	-0.63%
JCI	C	-0.61%
FANG	D	-0.6%
CMI	A	-0.6%
CNC	D	-0.57%
WY	D	-0.55%
TFC	A	-0.54%
LHX	C	-0.53%
NTAP	C	-0.52%
AIG	B	-0.5%
EXPE	B	-0.48%
USB	A	-0.48%
D	C	-0.47%
ZM	B	-0.47%
BK	A	-0.47%
MET	A	-0.46%
SWKS	F	-0.46%
VST	B	-0.45%
VTRS	A	-0.45%
PRU	A	-0.45%
MRO	B	-0.44%
TSN	B	-0.44%
GEN	B	-0.42%
FSLR	F	-0.38%
BBY	D	-0.38%
TAP	C	-0.38%
FFIV	B	-0.37%
BLDR	D	-0.36%
CTRA	B	-0.35%
TWLO	A	-0.34%
JNPR	F	-0.33%
WAB	B	-0.32%
PPL	B	-0.32%
JBL	B	-0.31%
MTB	A	-0.31%
EQT	B	-0.28%
PARA	C	-0.27%
EVRG	A	-0.27%
CFG	B	-0.26%
STT	A	-0.26%
SSNC	B	-0.25%
DAL	C	-0.25%
LKQ	D	-0.24%
SYF	B	-0.24%
LH	C	-0.24%
TXT	D	-0.24%
UTHR	C	-0.23%
ATO	A	-0.23%
AZPN	A	-0.23%
SNA	A	-0.23%
DOW	F	-0.23%
CAG	D	-0.23%
HST	C	-0.23%
WBA	F	-0.22%
SJM	D	-0.22%
LYB	F	-0.22%
ES	D	-0.22%
HIG	B	-0.22%
FITB	A	-0.21%
GPN	B	-0.21%
EXE	B	-0.2%
RF	A	-0.2%
LDOS	C	-0.19%
IP	B	-0.19%
MAA	B	-0.19%
RPRX	D	-0.19%
DGX	A	-0.19%
KNX	B	-0.19%
FOX	A	-0.18%
UHS	D	-0.18%
QRVO	F	-0.18%
EG	C	-0.17%
MOS	F	-0.17%
CNH	C	-0.17%
HBAN	A	-0.17%
APA	D	-0.15%
AKAM	D	-0.14%
SOLV	C	-0.14%
L	A	-0.13%
APTV	D	-0.13%
CPT	B	-0.13%
SW	A	-0.13%
KEY	B	-0.13%
FCNCA	A	-0.12%
EQH	B	-0.12%
ACI	C	-0.12%
LUV	C	-0.12%
UHAL	D	-0.11%
FBIN	D	-0.11%
NLY	C	-0.11%
ALLY	C	-0.1%
SWK	D	-0.1%
EMN	D	-0.1%
FNF	B	-0.09%
HII	D	-0.09%
DVA	B	-0.08%
BEN	C	-0.06%
WLK	D	-0.05%
BIO	D	-0.05%