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

$30.75

Average Daily Volume

25,748

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

$33.26

Average Daily Volume

14,114

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	RSPC
30 Days	0.08%	2.22%
60 Days	1.01%	5.38%
90 Days	5.63%	9.52%
12 Months	31.03%	26.11%

6 Overlapping Holdings

Symbol	Grade	Weight in FPAG	Weight in RSPC	Overlap
CHTR	B	1.75%	4.32%	1.75%
CMCSA	A	4.78%	4.66%	4.66%
GOOG	A	4.17%	2.08%	2.08%
GOOGL	A	6.38%	2.5%	2.5%
META	B	5.35%	4.79%	4.79%
NFLX	A	0.66%	4.79%	0.66%

FPAG Overweight 19 Positions Relative to RSPC

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

FPAG Underweight 19 Positions Relative to RSPC

Symbol	Grade	Weight
LYV	A	-5.22%
TMUS	B	-5.1%
MTCH	C	-4.73%
TTWO	A	-4.69%
DIS	C	-4.66%
T	A	-4.54%
NYT	A	-4.51%
OMC	B	-4.45%
TKO	D	-4.41%
EA	A	-4.4%
FYBR	A	-4.39%
PARA	C	-4.32%
IPG	F	-4.29%
VZ	D	-4.17%
WBD	C	-3.92%
NWSA	A	-3.35%
FOXA	A	-3.01%
FOX	A	-1.63%
NWS	A	-1.06%