GIAX vs. JMBS ETF Comparison

Comparison of Tidal Trust II Nicholas Global Equity and Income ETF (GIAX) to Janus Henderson Mortgage-Backed Securities ETF (JMBS)

GIAX

Tidal Trust II Nicholas Global Equity and Income ETF

GIAX Description

The fund"s strategy includes two components: (i) holding shares of unaffiliated passively managed ETFs that seek to provide exposure to a range of global equity securities ("Index ETFs") and (ii) selling daily index credit call spreads ("Index Call Spreads") on one or more US equity indices. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.70

Average Daily Volume

14,964

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

JMBS

Janus Henderson Mortgage-Backed Securities ETF

JMBS Description

The investment seeks a high level of total return consisting of income and capital appreciation. The fund seeks to achieve its investment objective by investing mainly in mortgage-related instruments. Under normal circumstances, it will invest at least 80%, and often times substantially all, of its net assets (plus any borrowings for investment purposes) in a portfolio of mortgage-related fixed income instruments of varying maturities. Additionally, the fund may invest in derivatives.

Grade (RS Rating)

Last Trade

$46.55

Average Daily Volume

384,545

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	GIAX	JMBS
30 Days	1.09%	1.46%
60 Days	2.07%	1.60%
90 Days		5.93%
12 Months		15.20%

0 Overlapping Holdings

	Symbol	Grade	Weight in GIAX	Weight in JMBS	Overlap

GIAX Overweight 10 Positions Relative to JMBS

	Symbol	Grade	Weight
	VEA	B	16.69%
	VIG	B	16.61%
	VOO	B	16.49%
	VTWO	C	16.44%
	QQQ	C	8.22%
	ARGT	C	4.24%
	FLIN	C	3.92%
	FRDM	C	3.55%
	UMC	D	1.98%
	TSM	C	1.98%

GIAX Underweight 7 Positions Relative to JMBS

	Symbol	Grade	Weight
	FNCL	B	-0.52%
	UWM	C	-0.44%
	GOOD	A	-0.42%
	CIM	C	-0.24%
	GNR	B	-0.01%
	FR	C	-0.01%
	FN	B	-0.01%

GIAX: Top Represented Industries & Keywords

Industries: Semiconductors

Keywords: Exchange Traded Fund ETF Stock Market Index Index Fund Active Management Semiconductor Device Fabrication Exchange Traded Funds Fabless Semiconductor Companies Ftse 100 Index Ftse Asfa Australia All Share Index Ftse Developed Europe Index Financials Ftse Group Integrated Circuits Invesco Powershares Investment Management Nasdaq 100 Nasdaq 100 Index Nasdaq Composite Index On Semiconductor Process Technologies

JMBS: Top Represented Industries & Keywords

Industries: REIT - Diversified Consumer Electronics REIT - Industrial

Keywords: Real Estate Investment Trust ETF Exchange Traded Fund Industrial Properties Asset Backed Security Backplane Biotechnology Capitalization Weighted Index Chimera Collateralized Debt Obligation Crystals Data Center Electromagnetic Radiation Electronic Manufacturing Service Ethernet Exchange Traded Funds Fiber Laser Glass Products IBD 50 Index Fund