EQTY vs. RUNN ETF Comparison

Comparison of Kovitz Core Equity ETF (EQTY) to Running Oak Efficient Growth ETF (RUNN)

EQTY

Kovitz Core Equity ETF

EQTY Description

The Kovitz Core Equity ETF seeks long-term capital appreciation. Through our fundamental, research-driven process, we strive to build diversified portfolios of equity investments through the purchase of competitively advantaged and financially strong companies at prices substantially less than our estimate of their intrinsic values.

Grade (RS Rating)

Last Trade

$24.13

Average Daily Volume

36,471

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RUNN

Running Oak Efficient Growth ETF

RUNN Description

The fund is in an actively managed exchange-traded fund ("ETF"). Under normal circumstances, the fund seeks to achieve its investment objective by investing primarily in exchange-traded equity securities of large and mid-sized U.S. companies with market capitalizations of at least $5 billion. The fund is roughly equally-weighted with 50-75 stocks typically held in the portfolio. The fund may invest up to 20% of net assets in non-U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.95

Average Daily Volume

42,347

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQTY	RUNN
30 Days	1.82%	2.63%
60 Days	5.20%	5.02%
90 Days	6.52%	6.99%
12 Months	28.67%	30.86%

8 Overlapping Holdings

Symbol	Grade	Weight in EQTY	Weight in RUNN	Overlap
BDX	F	3.98%	1.63%	1.63%
FI	A	3.18%	1.85%	1.85%
GGG	B	0.1%	1.74%	0.1%
GOOG	C	4.14%	1.72%	1.72%
ICE	C	3.4%	1.6%	1.6%
J	D	3.58%	1.86%	1.86%
SYK	B	0.13%	1.8%	0.13%
V	A	3.77%	1.82%	1.82%

EQTY Overweight 30 Positions Relative to RUNN

Symbol	Grade	Weight
META	D	4.81%
AMZN	C	4.81%
SCHW	B	4.68%
KEYS	A	3.93%
CRM	B	3.76%
PM	B	3.75%
KMX	B	3.36%
LOW	C	3.16%
BRK.A	B	3.16%
PCAR	B	3.13%
AXP	A	3.02%
ORCL	A	2.96%
AON	A	2.92%
JPM	A	2.57%
PPG	F	2.36%
MSI	B	2.08%
AAPL	C	1.89%
DLTR	F	1.86%
ANET	C	1.84%
ADI	D	1.73%
DEO	F	1.72%
AMAT	F	1.67%
HAS	D	1.07%
AMD	F	0.94%
HAYW	B	0.65%
GOOGL	C	0.49%
MSFT	D	0.24%
VRSK	A	0.08%
ABT	B	0.06%
EFX	F	0.06%

EQTY Underweight 47 Positions Relative to RUNN

Symbol	Grade	Weight
HON	C	-1.9%
CW	C	-1.86%
FDS	B	-1.86%
AME	A	-1.86%
ETN	A	-1.86%
WSO	A	-1.86%
PH	A	-1.85%
PRI	B	-1.85%
TXRH	B	-1.84%
ITT	A	-1.83%
GWW	B	-1.83%
LDOS	C	-1.83%
TDY	B	-1.83%
EME	A	-1.82%
RBA	A	-1.82%
ADP	A	-1.82%
BSX	A	-1.82%
BR	A	-1.81%
SAIA	B	-1.79%
ACN	B	-1.79%
BRO	B	-1.78%
DRI	B	-1.78%
NSC	B	-1.77%
GD	D	-1.76%
IR	B	-1.75%
DECK	A	-1.75%
RSG	A	-1.74%
FELE	B	-1.74%
CACI	D	-1.74%
APD	A	-1.72%
CSL	C	-1.72%
SSNC	B	-1.71%
TSCO	D	-1.71%
NVT	B	-1.71%
TJX	A	-1.71%
ROP	B	-1.7%
AJG	A	-1.68%
UNH	B	-1.68%
TTC	C	-1.68%
CI	D	-1.67%
DOX	D	-1.65%
STE	D	-1.64%
MMC	B	-1.64%
AVY	F	-1.59%
FCN	F	-1.57%
IQV	F	-1.55%
ICLR	D	-1.52%