FPAG vs. RSPC ETF Comparison

Comparison of FPA Global Equity ETF (FPAG) to Invesco S&P 500 Equal Weight Communication Services ETF (RSPC)

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

27,642

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RSPC

Invesco S&P 500 Equal Weight Communication Services ETF

RSPC Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Communication Services Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the communication services sector, as defined according to the Global Industry Classification Standard (GICS). It is non-diversified.

Grade (RS Rating)

Last Trade

$35.23

Average Daily Volume

9,927

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	RSPC
30 Days	0.15%	6.40%
60 Days	1.44%	9.08%
90 Days	2.86%	12.08%
12 Months	24.01%	26.26%

6 Overlapping Holdings

Symbol	Grade	Weight in FPAG	Weight in RSPC	Overlap
CHTR	B	1.75%	4.88%	1.75%
CMCSA	B	4.78%	4.68%	4.68%
GOOG	B	4.17%	2.17%	2.17%
GOOGL	B	6.38%	2.63%	2.63%
META	C	5.35%	4.66%	4.66%
NFLX	A	0.66%	4.84%	0.66%

FPAG Overweight 19 Positions Relative to RSPC

Symbol	Grade	Weight
ADI	D	5.13%
C	B	4.88%
TEL	C	4.58%
IFF	D	3.84%
WFC	A	3.66%
AMZN	B	3.39%
AON	B	2.69%
AVGO	D	2.26%
NXPI	F	2.21%
KMX	C	1.85%
KMI	A	1.72%
MAR	B	1.69%
FE	C	1.49%
HWM	A	1.29%
ICLR	D	1.26%
WAB	B	1.23%
UBER	F	1.16%
BABA	D	0.29%
PCG	A	0.21%

FPAG Underweight 19 Positions Relative to RSPC

Symbol	Grade	Weight
LYV	A	-5.25%
TTWO	A	-4.94%
TMUS	B	-4.92%
DIS	B	-4.66%
WBD	B	-4.6%
PARA	D	-4.58%
EA	A	-4.58%
OMC	D	-4.37%
TKO	A	-4.33%
T	A	-4.32%
NYT	D	-4.29%
IPG	D	-4.02%
FYBR	C	-3.96%
MTCH	F	-3.82%
VZ	C	-3.81%
NWSA	A	-3.57%
FOXA	B	-3.13%
FOX	A	-1.71%
NWS	B	-1.15%