FPAG vs. RPV ETF Comparison

Comparison of FPA Global Equity ETF (FPAG) to Guggenheim S&P 500 Pure Value ETF (RPV)

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

$30.11

Average Daily Volume

26,425

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RPV

Guggenheim S&P 500 Pure Value ETF

RPV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P 500 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$82.69

Average Daily Volume

130,037

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	RPV
30 Days	1.56%	-1.94%
60 Days	5.25%	-2.35%
90 Days	5.66%	-4.15%
12 Months	26.72%	9.76%

5 Overlapping Holdings

Symbol	Grade	Weight in FPAG	Weight in RPV	Overlap
C	B	4.88%	2.17%	2.17%
IFF	B	3.84%	0.76%	0.76%
KMI	B	1.72%	0.52%	0.52%
KMX	C	1.85%	1.57%	1.57%
WFC	C	3.66%	1.01%	1.01%

FPAG Overweight 20 Positions Relative to RPV

Symbol	Grade	Weight
GOOGL	A	6.38%
META	A	5.35%
ADI	B	5.13%
CMCSA	F	4.78%
TEL	B	4.58%
GOOG	A	4.17%
AMZN	A	3.39%
AON	C	2.69%
AVGO	B	2.26%
NXPI	B	2.21%
CHTR	C	1.75%
MAR	C	1.69%
FE	C	1.49%
HWM	C	1.29%
ICLR	B	1.26%
WAB	D	1.23%
UBER	B	1.16%
NFLX	A	0.66%
BABA	D	0.29%
PCG	D	0.21%

FPAG Underweight 89 Positions Relative to RPV

Symbol	Grade	Weight
GM	B	-4.29%
BRK.A	C	-3.59%
F	B	-2.77%
UAL	D	-2.35%
TSN	D	-2.18%
VLO	D	-2.14%
VTRS	D	-2.11%
BG	B	-2.04%
MHK	D	-1.98%
PARA	C	-1.85%
KR	C	-1.76%
CFG	B	-1.75%
CVS	D	-1.7%
IVZ	D	-1.69%
CNC	D	-1.65%
PSX	D	-1.65%
MCK	B	-1.62%
WRK	C	-1.61%
HPE	C	-1.56%
CI	D	-1.44%
NRG	D	-1.32%
TFC	B	-1.24%
IP	C	-1.24%
BWA	F	-1.24%
WBA	F	-1.23%
COF	D	-1.22%
WBD	F	-1.2%
BBY	C	-1.2%
UHS	C	-1.18%
CAH	D	-1.13%
SYF	B	-1.12%
AAL	F	-1.09%
ADM	C	-1.08%
PRU	B	-1.08%
BAC	B	-1.04%
LUV	D	-1.04%
L	D	-1.03%
AIG	D	-1.01%
MTB	C	-1.01%
MOS	F	-0.96%
BK	B	-0.89%
KHC	D	-0.89%
T	B	-0.83%
HBAN	D	-0.8%
RF	B	-0.77%
STT	C	-0.77%
KEY	C	-0.74%
TAP	F	-0.74%
HIG	C	-0.72%
GS	A	-0.72%
BEN	F	-0.7%
MET	D	-0.65%
VZ	B	-0.61%
ELV	C	-0.6%
DOW	D	-0.59%
EQT	D	-0.58%
FITB	D	-0.58%
FDX	B	-0.58%
EG	D	-0.57%
AIZ	D	-0.57%
PNC	C	-0.56%
TGT	D	-0.56%
EVRG	D	-0.55%
CAG	D	-0.55%
SWK	D	-0.54%
EMN	D	-0.54%
CTVA	D	-0.53%
HPQ	C	-0.53%
CINF	C	-0.53%
ALL	D	-0.52%
LYB	D	-0.52%
PFG	D	-0.51%
ARE	C	-0.51%
SYY	D	-0.51%
PNW	C	-0.51%
USB	D	-0.49%
CVX	D	-0.49%
FOXA	B	-0.49%
TRV	D	-0.49%
ES	C	-0.48%
CHRW	C	-0.48%
HSIC	D	-0.46%
BIO	D	-0.44%
LKQ	F	-0.44%
NWSA	B	-0.44%
ALB	F	-0.4%
HUM	C	-0.38%
FOX	B	-0.24%
NWS	B	-0.14%