ETHO vs. SMOG ETF Comparison

Comparison of Etho Climate Leadership U.S. ETF (ETHO) to VanEck Vectors Low Carbon Energy ETF (SMOG)

ETHO

Etho Climate Leadership U.S. ETF

ETHO Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Etho Climate Leadership Index - US (the "index"). The index tracks the performance of the equity securities of a diversified set of U.S. companies that are leaders in their industry with respect to their carbon impact. "Carbon impact" is calculated based on the total greenhouse gas ("GHG") emissions from a company&#39;s operations, fuel use, supply chain, and business activities, divided by the company&#39;s market capitalization. The fund will invest at least 80% of its total assets in the component securities of the index.

Grade (RS Rating)

Last Trade

$58.94

Average Daily Volume

4,681

Number of Holdings ^*

286

* may have additional holdings in another (foreign) market

SMOG

VanEck Vectors Low Carbon Energy ETF

SMOG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The fund normally invests at least 80% of its total assets in stocks of low carbon energy companies. Such companies may include small- and medium-capitalization companies and foreign issuers. "Low carbon energy companies" refers to companies primarily engaged in alternative energy, including renewable energy, alternative fuels and related enabling technologies (such as advanced batteries). It is non-diversified.

Grade (RS Rating)

Last Trade

$106.40

Average Daily Volume

1,950

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ETHO	SMOG
30 Days	2.23%	5.28%
60 Days	0.04%	3.38%
90 Days	5.06%	7.22%
12 Months	14.30%	-4.63%

6 Overlapping Holdings

Symbol	Grade	Weight in ETHO	Weight in SMOG	Overlap
BE	F	0.32%	0.35%	0.32%
BMI	A	0.43%	0.89%	0.43%
ENPH	D	0.31%	2.78%	0.31%
HASI	B	0.41%	0.58%	0.41%
PLUG	F	0.19%	0.31%	0.19%
TSLA	C	0.46%	10.09%	0.46%

ETHO Overweight 280 Positions Relative to SMOG

Symbol	Grade	Weight
NOVA	C	0.61%
ALNY	C	0.59%
SFM	B	0.56%
PTGX	B	0.55%
AGIO	D	0.54%
UTHR	C	0.53%
FTDR	B	0.52%
VCYT	B	0.48%
HLNE	B	0.47%
PODD	B	0.47%
SMAR	B	0.47%
GKOS	D	0.47%
SASR	B	0.47%
AAPL	D	0.46%
PLNT	B	0.46%
PIPR	B	0.46%
MPWR	C	0.45%
CWT	A	0.45%
GDDY	D	0.45%
RMD	B	0.45%
MMSI	A	0.45%
BKU	C	0.45%
MSEX	C	0.44%
IDCC	B	0.44%
BRC	B	0.44%
COLB	C	0.44%
NMIH	B	0.44%
AJG	A	0.43%
TPIC	D	0.43%
NVDA	D	0.43%
TMUS	A	0.43%
LQDT	B	0.43%
EPRT	A	0.43%
AWK	A	0.43%
CPRX	B	0.43%
NYT	C	0.43%
EBC	B	0.42%
DEA	B	0.42%
BRO	B	0.42%
PFSI	B	0.42%
AAT	B	0.42%
RARE	B	0.42%
SSNC	A	0.41%
LII	A	0.41%
TXN	D	0.41%
CARG	B	0.41%
AMGN	B	0.41%
CBSH	B	0.41%
BOX	A	0.41%
CNS	A	0.41%
EXTR	C	0.41%
INGR	B	0.41%
OLED	C	0.41%
VRSK	D	0.41%
TJX	B	0.41%
AWR	B	0.41%
NFLX	B	0.4%
TER	D	0.4%
BOKF	B	0.4%
MATX	C	0.4%
FFBC	C	0.4%
VRTX	C	0.4%
CAC	C	0.4%
ANET	C	0.4%
NOW	B	0.4%
KMB	C	0.4%
ZTS	B	0.4%
BURL	B	0.4%
ADBE	D	0.4%
EA	C	0.39%
TPH	C	0.39%
BERY	B	0.39%
MTH	B	0.39%
BUSE	C	0.39%
DT	C	0.39%
PAYX	B	0.39%
NTAP	D	0.39%
HNI	C	0.39%
ADI	D	0.39%
EXEL	A	0.39%
ITGR	B	0.38%
ESNT	B	0.38%
AUB	C	0.38%
THS	C	0.38%
FFIV	A	0.38%
BKNG	B	0.38%
HWC	D	0.38%
PFE	C	0.38%
AXP	B	0.38%
LITE	C	0.38%
FIBK	C	0.38%
BCPC	C	0.38%
ROST	C	0.37%
PYPL	B	0.37%
OMC	B	0.37%
INFN	B	0.37%
AGNC	A	0.37%
VZ	A	0.37%
LZB	C	0.37%
TTWO	D	0.37%
CMA	B	0.37%
IT	B	0.37%
GIII	C	0.37%
ATR	A	0.37%
WTFC	C	0.36%
COLM	B	0.36%
PRI	B	0.36%
AAON	A	0.36%
MSCI	C	0.36%
KEY	B	0.36%
XYL	D	0.36%
REXR	C	0.36%
FHN	C	0.36%
SCS	C	0.36%
JKHY	A	0.36%
LFUS	D	0.36%
SCSC	D	0.36%
MA	A	0.36%
CHD	B	0.36%
PLD	B	0.36%
BOH	C	0.36%
ZM	C	0.36%
KLAC	D	0.36%
V	A	0.36%
SHOO	B	0.36%
HBAN	B	0.36%
BMRN	F	0.35%
INTU	C	0.35%
NTNX	C	0.35%
URI	C	0.35%
ASB	D	0.35%
CSCO	C	0.35%
IONS	F	0.35%
MSFT	C	0.35%
ADSK	B	0.35%
CARS	D	0.35%
WRB	C	0.35%
MOD	C	0.35%
PPBI	D	0.35%
DFS	C	0.35%
CAKE	D	0.35%
ESI	D	0.35%
BZH	B	0.34%
DECK	C	0.34%
ATEN	C	0.34%
TGNA	C	0.34%
IPG	C	0.34%
PFGC	B	0.34%
QCOM	D	0.34%
VRSN	D	0.34%
VOYA	A	0.34%
VEEV	C	0.34%
CTS	D	0.34%
DBX	D	0.34%
LEVI	C	0.34%
GWW	B	0.34%
NOVT	D	0.34%
FC	D	0.34%
SYY	C	0.34%
PEN	D	0.33%
KR	B	0.33%
DOCU	C	0.33%
ABG	F	0.33%
RL	B	0.33%
IDXX	C	0.33%
ITW	B	0.33%
GEF	D	0.33%
EPC	F	0.33%
YETI	D	0.33%
TWLO	D	0.33%
WDAY	D	0.33%
CMG	C	0.33%
CSGS	C	0.32%
MSA	D	0.32%
ANSS	D	0.32%
KRO	D	0.32%
ELAN	D	0.32%
RUSHA	C	0.32%
LCII	C	0.32%
CGNX	D	0.32%
AMKR	D	0.32%
FELE	D	0.32%
PINC	C	0.32%
PSTG	D	0.32%
AMTB	D	0.32%
ROK	D	0.32%
WTS	C	0.32%
NDSN	C	0.32%
TRMB	C	0.31%
RHP	D	0.31%
AMAT	D	0.31%
NBIX	D	0.31%
HAE	D	0.31%
DAY	C	0.31%
LAD	C	0.31%
VVV	D	0.31%
CROX	C	0.31%
MRK	D	0.31%
DDOG	D	0.31%
XHR	C	0.31%
AOS	D	0.31%
SHO	D	0.31%
ATRC	D	0.31%
WBS	D	0.31%
OZK	D	0.31%
PTC	D	0.31%
NTCT	D	0.31%
THR	D	0.3%
PAYC	D	0.3%
CDW	D	0.3%
EXAS	C	0.3%
CASS	C	0.3%
OMF	D	0.3%
APLE	D	0.3%
PARA	F	0.3%
REZI	D	0.29%
ALLY	F	0.29%
GNTX	F	0.29%
ZS	F	0.29%
POWI	F	0.29%
JBT	D	0.29%
MDB	D	0.29%
IRBT	F	0.29%
SIGI	C	0.29%
CRM	D	0.29%
GPN	C	0.29%
FND	C	0.29%
KELYA	D	0.29%
CDNS	D	0.29%
CRI	C	0.29%
ROG	D	0.29%
THRM	D	0.28%
HUBS	D	0.28%
RHI	D	0.28%
AMD	D	0.28%
LPLA	F	0.28%
MKSI	F	0.28%
RGEN	F	0.28%
SCL	D	0.28%
BL	D	0.27%
EPAM	D	0.27%
ARWR	F	0.27%
LRCX	F	0.27%
SITE	D	0.27%
ENTG	D	0.27%
ETSY	F	0.27%
USNA	F	0.27%
CYTK	D	0.27%
MXL	F	0.26%
TTGT	F	0.26%
LEA	F	0.26%
HVT	D	0.26%
COTY	D	0.26%
MRNA	F	0.26%
COHU	D	0.25%
ALG	D	0.25%
HPP	F	0.25%
EW	D	0.25%
AMN	F	0.25%
MOV	F	0.24%
BRKR	D	0.24%
OKTA	F	0.24%
IPGP	F	0.24%
ALLO	D	0.23%
W	D	0.23%
TREX	F	0.23%
RMBS	F	0.23%
VAC	F	0.23%
DENN	F	0.23%
EL	F	0.2%
EB	F	0.2%
LSCC	D	0.19%
DXCM	F	0.18%
EDIT	F	0.18%
MYRG	F	0.18%
HELE	D	0.17%
ATKR	F	0.16%
PCRX	F	0.16%
NVRO	F	0.12%
CHGG	F	0.09%

ETHO Underweight 23 Positions Relative to SMOG

Symbol	Grade	Weight
NEE	B	-9.05%
FSLR	D	-3.91%
LI	F	-2.95%
OC	C	-2.52%
EBR	C	-2.18%
RIVN	F	-1.99%
NIO	C	-1.85%
XPEV	D	-1.38%
IBP	C	-0.93%
LCID	C	-0.87%
CIG	B	-0.72%
ENS	D	-0.7%
RUN	C	-0.64%
ORA	C	-0.63%
TAC	A	-0.5%
QS	F	-0.48%
ELP	C	-0.39%
AY	C	-0.35%
SEDG	F	-0.2%
DQ	F	-0.19%
ARRY	F	-0.16%
JKS	D	-0.16%
CSIQ	F	-0.12%