EQTY vs. XPND ETF Comparison

Comparison of Kovitz Core Equity ETF (EQTY) to First Trust Expanded Technology ETF (XPND)

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

$24.05

Average Daily Volume

36,471

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XPND

First Trust Expanded Technology ETF

XPND Description

The investment seeks to provide long-term capital appreciation. The fund will invest at least 80% of its net assets in the common stocks of companies identified by it?s investment advisor as either information technology companies or consumer discretionary and communication services companies whose operations are principally derived from and/or dependent upon technology (such companies are collectively referred to herein as ?Expanded Technology Companies?). The fund?s investments will be concentrated (i.e., invest more than 25% of fund assets) in the industries or group of industries comprising the information technology sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.42

Average Daily Volume

2,793

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQTY	XPND
30 Days	1.82%	3.77%
60 Days	5.20%	6.73%
90 Days	6.52%	8.67%
12 Months	28.67%	36.07%

11 Overlapping Holdings

Symbol	Grade	Weight in EQTY	Weight in XPND	Overlap
AAPL	C	1.89%	4.09%	1.89%
AMAT	F	1.67%	2.66%	1.67%
ANET	C	1.84%	2.1%	1.84%
CRM	B	3.76%	5.38%	3.76%
FI	A	3.18%	2.11%	2.11%
GOOGL	C	0.49%	4.41%	0.49%
META	D	4.81%	4.55%	4.55%
MSFT	D	0.24%	4.2%	0.24%
MSI	B	2.08%	1.43%	1.43%
ORCL	A	2.96%	5.44%	2.96%
V	A	3.77%	4.58%	3.77%

EQTY Overweight 27 Positions Relative to XPND

Symbol	Grade	Weight
AMZN	C	4.81%
SCHW	B	4.68%
GOOG	C	4.14%
BDX	F	3.98%
KEYS	A	3.93%
PM	B	3.75%
J	D	3.58%
ICE	C	3.4%
KMX	B	3.36%
LOW	C	3.16%
BRK.A	B	3.16%
PCAR	B	3.13%
AXP	A	3.02%
AON	A	2.92%
JPM	A	2.57%
PPG	F	2.36%
DLTR	F	1.86%
ADI	D	1.73%
DEO	F	1.72%
HAS	D	1.07%
AMD	F	0.94%
HAYW	B	0.65%
SYK	B	0.13%
GGG	B	0.1%
VRSK	A	0.08%
ABT	B	0.06%
EFX	F	0.06%

EQTY Underweight 39 Positions Relative to XPND

Symbol	Grade	Weight
NVDA	B	-5.05%
TMUS	B	-4.81%
MA	B	-4.42%
AVGO	D	-4.3%
ADBE	C	-3.79%
NOW	A	-3.71%
INTU	B	-3.4%
IBM	C	-3.34%
TXN	C	-3.26%
QCOM	F	-3.17%
PANW	B	-2.22%
LRCX	F	-1.69%
APH	A	-1.52%
PYPL	B	-1.52%
KLAC	F	-1.5%
CRWD	B	-1.46%
MRVL	B	-1.36%
WDAY	B	-1.24%
ADSK	A	-1.15%
CHTR	C	-0.98%
APP	B	-0.7%
WMG	D	-0.27%
CPAY	A	-0.27%
GEN	B	-0.26%
FOXA	A	-0.26%
EA	A	-0.25%
IT	C	-0.25%
TDY	B	-0.25%
HPE	B	-0.25%
TYL	B	-0.24%
OMC	C	-0.24%
MANH	D	-0.24%
PTC	B	-0.24%
NTAP	C	-0.22%
BSY	F	-0.21%
SWKS	F	-0.18%
TER	F	-0.18%
CDW	F	-0.18%
MPWR	F	-0.14%