ESGX vs. XHE ETF Comparison

Comparison of Tuttle Capital Shareholders First Index ETF (ESGX) to SPDR S&P Health Care Equipment (XHE)

ESGX

Tuttle Capital Shareholders First Index ETF

ESGX Description

ESGX invests in US-listed companies determined to have high shareholder value, unencumbered by ESG restrictions, such as political stances or conforming to a greater social goal of stakeholder capitalism. Using a proprietary methodology, the fund assigns stocks with shareholder value creation and financial metric scores. The shareholder value creation score considers information on corporate donations, advocacy, activities, and policies gathered from different data sources. The financial metrics score separately calculates a securitys one-year and five-year price performance, closing price, cash, revenue, debt-to-equity ratio, average dividend yield, profit margin, and market capitalization. Companies are ranked according to the highest shareholder value creation and financial metric scores. The fund selects and weights 50 companies from the resulting sets of filtered companies. The index is rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$25.31

Average Daily Volume

103

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XHE

SPDR S&P Health Care Equipment

XHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care equipment and supplies segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Equipment Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care equipment industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$90.83

Average Daily Volume

9,057

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ESGX	XHE
30 Days	-3.29%	2.45%
60 Days	-0.71%	-1.04%
90 Days		3.43%
12 Months		21.37%

3 Overlapping Holdings

Symbol	Grade	Weight in ESGX	Weight in XHE	Overlap
DXCM	C	2.02%	1.84%	1.84%
LNTH	C	1.52%	1.4%	1.4%
STE	D	1.82%	1.57%	1.57%

ESGX Overweight 46 Positions Relative to XHE

Symbol	Grade	Weight
GTLS	A	2.58%
WST	C	2.51%
TYL	B	2.4%
VTRS	A	2.37%
SEIC	B	2.33%
NWS	B	2.33%
RLI	A	2.33%
VNO	C	2.3%
GEF	A	2.27%
TPX	B	2.26%
JBHT	C	2.24%
EVRG	A	2.21%
PNR	B	2.19%
SLGN	A	2.17%
VRSN	D	2.16%
SYY	D	2.14%
IBOC	B	2.11%
EHC	B	2.1%
FFIV	A	2.08%
KIM	A	2.07%
SYNA	D	2.06%
PNW	A	2.06%
TDY	B	2.05%
DCI	B	2.04%
ROL	B	2.02%
MANH	D	1.97%
RVTY	D	1.95%
KEYS	A	1.92%
FRT	B	1.91%
LKQ	F	1.88%
HST	D	1.88%
MAA	B	1.85%
POOL	D	1.82%
CNP	A	1.81%
SWKS	F	1.81%
O	D	1.75%
GPC	F	1.74%
POST	C	1.73%
WEX	F	1.7%
MCHP	F	1.69%
KNSL	B	1.67%
EGP	D	1.67%
BCO	F	1.54%
HII	F	1.45%
QRVO	F	1.19%
ENPH	F	1.09%

ESGX Underweight 59 Positions Relative to XHE

Symbol	Grade	Weight
ATEC	C	-2.53%
MASI	B	-2.47%
IART	C	-2.46%
ATRC	C	-2.24%
PEN	B	-2.19%
HAE	C	-2.12%
GMED	A	-2.07%
PODD	B	-2.03%
PRCT	B	-2.03%
GKOS	A	-1.96%
IRTC	C	-1.96%
OMCL	C	-1.95%
NARI	C	-1.9%
ISRG	A	-1.89%
LIVN	D	-1.89%
MMSI	A	-1.88%
ENOV	C	-1.87%
UFPT	C	-1.87%
ITGR	B	-1.86%
BSX	A	-1.84%
NVST	C	-1.83%
SYK	A	-1.8%
ZBH	C	-1.79%
AXNX	A	-1.77%
SOLV	F	-1.74%
ABT	B	-1.72%
LMAT	A	-1.71%
CNMD	C	-1.71%
BDX	F	-1.71%
RMD	C	-1.71%
ICUI	D	-1.71%
MDT	D	-1.69%
GEHC	C	-1.69%
HOLX	D	-1.69%
EW	C	-1.66%
NEOG	D	-1.65%
NVCR	C	-1.65%
INSP	F	-1.61%
ALGN	D	-1.56%
STAA	F	-1.55%
BAX	F	-1.47%
IDXX	F	-1.47%
RXST	F	-1.43%
TFX	F	-1.37%
TNDM	D	-1.22%
SRDX	B	-1.21%
XRAY	D	-1.17%
TMDX	F	-1.05%
VREX	B	-1.01%
AORT	B	-0.89%
OFIX	B	-0.67%
SIBN	F	-0.66%
EMBC	C	-0.61%
ZIMV	F	-0.57%
AVNS	F	-0.48%
KIDS	D	-0.46%
OSUR	F	-0.43%
TCMD	B	-0.4%
AXGN	D	-0.39%