FPAG vs. QNXT ETF Comparison

Comparison of FPA Global Equity ETF (FPAG) to iShares Nasdaq-100 ex Top 30 ETF (QNXT)

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

$31.17

Average Daily Volume

28,100

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QNXT

iShares Nasdaq-100 ex Top 30 ETF

QNXT Description

Grade (RS Rating)

Last Trade

$26.12

Average Daily Volume

14,468

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	QNXT
30 Days	1.33%	4.81%
60 Days	0.68%
90 Days	2.67%
12 Months	24.70%

3 Overlapping Holdings

Symbol	Grade	Weight in FPAG	Weight in QNXT	Overlap
CHTR	C	1.75%	1.52%	1.52%
MAR	A	1.69%	2.15%	1.69%
NXPI	D	2.21%	1.51%	1.51%

FPAG Overweight 22 Positions Relative to QNXT

Symbol	Grade	Weight
GOOGL	C	6.38%
META	D	5.35%
ADI	D	5.13%
C	A	4.88%
CMCSA	C	4.78%
TEL	B	4.58%
GOOG	C	4.17%
IFF	D	3.84%
WFC	A	3.66%
AMZN	C	3.39%
AON	A	2.69%
AVGO	D	2.26%
KMX	B	1.85%
KMI	B	1.72%
FE	D	1.49%
HWM	B	1.29%
ICLR	F	1.26%
WAB	B	1.23%
UBER	D	1.16%
NFLX	B	0.66%
BABA	D	0.29%
PCG	B	0.21%

FPAG Underweight 61 Positions Relative to QNXT

Symbol	Grade	Weight
SBUX	B	-3.05%
GILD	B	-3.01%
MU	D	-2.92%
INTC	C	-2.85%
MELI	C	-2.61%
LRCX	F	-2.49%
PYPL	A	-2.4%
CTAS	B	-2.37%
MDLZ	F	-2.36%
KLAC	F	-2.26%
SNPS	B	-2.19%
CDNS	B	-2.17%
CRWD	B	-2.15%
MRVL	B	-2.08%
FTNT	C	-1.97%
ORLY	B	-1.93%
CEG	D	-1.92%
CSX	B	-1.86%
DASH	A	-1.78%
ADSK	B	-1.76%
ROP	B	-1.61%
PCAR	B	-1.61%
ABNB	C	-1.6%
WDAY	C	-1.51%
CPRT	A	-1.49%
TTD	B	-1.45%
PAYX	B	-1.41%
AEP	D	-1.4%
MNST	B	-1.39%
FAST	B	-1.28%
ROST	C	-1.28%
ODFL	B	-1.26%
KDP	D	-1.18%
EA	C	-1.17%
BKR	C	-1.17%
VRSK	A	-1.09%
EXC	D	-1.07%
DDOG	A	-1.07%
XEL	A	-1.06%
CTSH	B	-1.05%
TEAM	B	-1.05%
LULU	C	-1.03%
KHC	D	-1.03%
GEHC	F	-1.02%
IDXX	F	-0.95%
MCHP	F	-0.92%
FANG	F	-0.86%
TTWO	B	-0.85%
DXCM	C	-0.83%
ZS	C	-0.83%
ANSS	B	-0.8%
CSGP	C	-0.8%
ON	C	-0.76%
CDW	F	-0.65%
BIIB	F	-0.64%
WBD	C	-0.62%
GFS	C	-0.62%
ILMN	C	-0.59%
MDB	C	-0.57%
MRNA	F	-0.39%
SMCI	D	-0.3%