FDVL vs. GIAX ETF Comparison

Comparison of Foundations Dynamic Value ETF (FDVL) to Nicholas Global Equity and Income ETF (GIAX)

FDVL

Foundations Dynamic Value ETF

FDVL Description

The fund is an actively managed exchanged traded fund ("ETF") that, under normal market conditions, primarily invests, directly or indirectly, in equity securities and other instruments with exposure to the value-focused U.S. equity market.

Grade (RS Rating)

Last Trade

$13.10

Average Daily Volume

103,927

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GIAX

Nicholas Global Equity and Income ETF

GIAX Description

The fund"s strategy includes two components: (i) holding shares of unaffiliated passively managed ETFs that seek to provide exposure to a range of global equity securities ("Index ETFs") and (ii) selling daily index credit call spreads ("Index Call Spreads") on one or more US equity indices. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.05

Average Daily Volume

37,133

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDVL	GIAX
30 Days	3.16%	3.17%
60 Days	3.90%	3.51%
90 Days	5.98%	4.83%
12 Months	27.22%

1 Overlapping Holdings

	Symbol	Grade	Weight in FDVL	Weight in GIAX	Overlap
	VIG	A	13.43%	16.21%	13.43%

FDVL Overweight 4 Positions Relative to GIAX

Symbol	Grade	Weight
AVLV	A	9.16%
MGV	A	8.99%
VBR	A	8.99%
VOE	A	8.82%

FDVL Underweight 15 Positions Relative to GIAX

Symbol	Grade	Weight
VTWO	B	-17.06%
QQQ	B	-8.44%
ARGT	A	-4.49%
FLIN	D	-3.63%
FRDM	D	-3.2%
TSM	B	-1.97%
UMC	F	-1.56%
TSLA	B	-1.53%
NVDA	C	-1.33%
AMZN	C	-1.3%
GOOGL	C	-1.21%
META	D	-1.21%
AAPL	C	-1.14%
MSFT	F	-1.07%
PKX	F	-0.83%

FDVL: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index Capitalization Weighted Index Exchange Traded Funds Fundamentally Based Indexes Russell 1000 Value Price Return Usd SPDR Synthetic Replication Value Investing