FPAG vs. GDVD ETF Comparison

Comparison of FPA Global Equity ETF (FPAG) to R3 Global Dividend Growth ETF (GDVD)

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.94

Average Daily Volume

28,049

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GDVD

R3 Global Dividend Growth ETF

GDVD Description

The investment seeks current income and long-term growth of income and capital. The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities at the time of purchase. It invests in equity securities of small, medium and large market capitalization companies and in growth and value stocks.

Grade (RS Rating)

Last Trade

$25.86

Average Daily Volume

17,173

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	GDVD
30 Days	-0.24%	2.28%
60 Days	4.48%	4.60%
90 Days	4.88%	6.02%
12 Months	26.12%	16.98%

2 Overlapping Holdings

	Symbol	Grade	Weight in FPAG	Weight in GDVD	Overlap
	CMCSA	B	4.78%	0.99%	0.99%
	TEL	B	4.58%	1.63%	1.63%

FPAG Overweight 23 Positions Relative to GDVD

Symbol	Grade	Weight
GOOGL	B	6.38%
META	B	5.35%
ADI	F	5.13%
C	A	4.88%
GOOG	B	4.17%
IFF	F	3.84%
WFC	A	3.66%
AMZN	A	3.39%
AON	A	2.69%
AVGO	C	2.26%
NXPI	F	2.21%
KMX	C	1.85%
CHTR	B	1.75%
KMI	B	1.72%
MAR	A	1.69%
FE	D	1.49%
HWM	A	1.29%
ICLR	F	1.26%
WAB	A	1.23%
UBER	F	1.16%
NFLX	A	0.66%
BABA	D	0.29%
PCG	A	0.21%

FPAG Underweight 34 Positions Relative to GDVD

Symbol	Grade	Weight
TSM	C	-4.45%
AAPL	C	-3.8%
MSFT	C	-3.63%
NKE	F	-2.68%
BLK	B	-2.5%
MDT	D	-2.46%
JPM	B	-2.4%
VZ	C	-2.04%
UNP	C	-1.97%
LRCX	F	-1.87%
NEE	D	-1.85%
SBUX	B	-1.84%
KO	F	-1.73%
PCAR	B	-1.73%
CB	C	-1.7%
V	A	-1.65%
HAS	D	-1.62%
DEO	F	-1.6%
PFE	F	-1.59%
DFS	B	-1.57%
ABEV	D	-1.39%
TGT	C	-1.39%
CVX	B	-1.35%
TRNO	D	-1.23%
BR	A	-1.21%
MCHP	F	-1.15%
NVT	B	-1.11%
MPC	D	-1.09%
FNF	C	-1.08%
EXPD	D	-1.03%
AVY	F	-1.03%
ENR	B	-1.03%
SHEL	F	-1.01%
JHX	D	-0.51%