FMCX vs. ECML ETF Comparison

Comparison of FMC Excelsior Focus Equity ETF (FMCX) to EA Series Trust Euclidean Fundamental Value ETF (ECML)

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.70

Average Daily Volume

104

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ECML

EA Series Trust Euclidean Fundamental Value ETF

ECML Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in U.S. equity securities that the sub-adviser believes are under-valued and under-appreciated by the market. The sub-adviser employs a quantitative and systematic approach to long-term investing. It is expected that the fund will generally hold 60 to 70 stocks that are selected from a universe that includes all publicly traded stocks listed on the New York Stock Exchange ("NYSE") and the Nasdaq Market ("Nasdaq").

Grade (RS Rating)

Last Trade

$33.08

Average Daily Volume

972

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMCX	ECML
30 Days	-0.82%	-2.66%
60 Days	2.18%	-2.75%
90 Days	8.17%	0.74%
12 Months	32.46%	22.44%

1 Overlapping Holdings

	Symbol	Grade	Weight in FMCX	Weight in ECML	Overlap
	MO	A	0.84%	1.6%	0.84%

FMCX Overweight 51 Positions Relative to ECML

Symbol	Grade	Weight
AAPL	C	6.93%
UNH	C	6.84%
KKR	B	6.14%
IAC	F	5.35%
AMZN	A	5.01%
GDDY	A	4.98%
MSFT	D	4.79%
LBRDK	A	4.24%
LSXMK	D	4.22%
GGG	D	3.98%
PYPL	B	3.9%
MTCH	C	3.18%
LSXMA	D	1.79%
GOOGL	A	1.77%
LBRDA	A	1.74%
PG	D	1.3%
PM	A	1.21%
YUM	D	1.18%
CMCSA	A	1.13%
MCD	C	1.12%
AMGN	C	1.11%
KEYS	C	1.06%
VUSB	A	0.92%
ICSH	A	0.92%
GILD	A	0.87%
CL	F	0.85%
ENTG	D	0.82%
ARWR	F	0.72%
NKE	F	0.68%
HON	B	0.6%
DHR	D	0.55%
GOOG	A	0.5%
BAX	F	0.47%
YUMC	A	0.42%
MUSA	C	0.4%
SPGI	D	0.37%
MTX	C	0.33%
KEX	D	0.33%
EQR	D	0.3%
JPM	A	0.3%
MUR	F	0.25%
V	A	0.21%
FWONK	A	0.21%
BKNG	A	0.19%
FLWS	B	0.15%
GD	C	0.13%
BATRK	C	0.11%
PNR	B	0.1%
FWONA	A	0.05%
VMEO	C	0.03%
BATRA	D	0.02%

FMCX Underweight 59 Positions Relative to ECML

Symbol	Grade	Weight
CALM	B	-2.19%
MLI	A	-2.15%
GRBK	D	-2.04%
TOL	C	-1.98%
ALSN	A	-1.97%
HSII	A	-1.93%
PHM	D	-1.83%
SIRI	C	-1.82%
INGR	C	-1.81%
TMHC	A	-1.81%
GIII	C	-1.8%
COKE	D	-1.78%
KBH	D	-1.76%
FOXA	A	-1.76%
SM	F	-1.73%
TPH	D	-1.72%
PPC	A	-1.71%
OSK	C	-1.7%
GPI	C	-1.7%
MHO	D	-1.7%
DHI	D	-1.68%
OC	B	-1.66%
OVV	F	-1.64%
STLD	A	-1.63%
LEN	D	-1.63%
LNG	A	-1.62%
EOG	D	-1.62%
CEIX	A	-1.62%
TEX	F	-1.61%
DVN	F	-1.61%
HESM	D	-1.6%
COP	D	-1.59%
ATKR	F	-1.59%
VLO	F	-1.56%
ARW	D	-1.56%
CF	B	-1.56%
PCAR	C	-1.54%
PRDO	B	-1.54%
DDS	C	-1.53%
AN	F	-1.53%
DINO	F	-1.52%
MTH	D	-1.52%
PLAB	F	-1.51%
BCC	D	-1.51%
MPC	F	-1.5%
NUE	F	-1.5%
ANDE	F	-1.48%
CMC	A	-1.48%
ARCH	B	-1.47%
SANM	A	-1.47%
HCC	A	-1.46%
BG	F	-1.45%
LBRT	F	-1.44%
LPG	F	-1.42%
INSW	F	-1.38%
IMKTA	D	-1.36%
AMR	F	-1.32%
FOR	F	-1.3%
MOH	D	-1.28%