HAP vs. CVAR ETF Comparison

Comparison of Market Vectors Hard Assets Producers ETF (HAP) to Cultivar ETF (CVAR)

HAP

Market Vectors Hard Assets Producers ETF

HAP Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of The RogersÃ¤-Van Eck Hard Assets Producers Index. The fund normally invests at least 80% of its total assets in equity securities, which may include depositary receipts, of U.S. and foreign hard asset producer companies. It may concentrate its investments in a particular industry or group of industries to the extent that the Hard Assets Producers Index concentrates in an industry or group of industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.75

Average Daily Volume

4,479

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CVAR

Cultivar ETF

CVAR Description

ETF Opportunities Trust - Cultivar ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Cultivar Capital, Inc. and Toroso Investments, LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis with bottom-up and top-down stock picking approach to create its portfolio. ETF Opportunities Trust - Cultivar ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$27.33

Average Daily Volume

503

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HAP	CVAR
30 Days	-2.55%	0.42%
60 Days	-1.26%	1.40%
90 Days	-1.25%	4.56%
12 Months	8.46%	19.10%

5 Overlapping Holdings

Symbol	Grade	Weight in HAP	Weight in CVAR	Overlap
BP	D	0.79%	0.7%	0.7%
FMC	D	0.58%	0.78%	0.58%
GOLD	C	1.07%	1.08%	1.07%
NEM	D	1.4%	4.18%	1.4%
TSN	B	1.42%	1.27%	1.27%

HAP Overweight 52 Positions Relative to CVAR

Symbol	Grade	Weight
CVX	A	5.84%
XOM	B	5.47%
DE	B	5.05%
NEE	C	4.34%
BHP	F	3.72%
CTVA	C	2.83%
RIO	D	2.15%
FCX	F	1.7%
TTE	F	1.56%
ADM	D	1.47%
VALE	F	1.28%
COP	C	1.16%
CF	A	1.07%
NUE	C	0.96%
INGR	C	0.87%
BG	D	0.85%
CNH	C	0.76%
MOS	F	0.74%
STLD	B	0.73%
DAR	C	0.68%
PKX	D	0.67%
TTC	C	0.65%
WY	F	0.65%
WMB	A	0.61%
FSLR	F	0.61%
AGCO	D	0.6%
RS	B	0.59%
EOG	A	0.56%
OKE	A	0.56%
KMI	A	0.5%
PSX	C	0.5%
MPC	D	0.49%
MT	B	0.49%
LNG	A	0.49%
SLB	C	0.49%
GFI	D	0.47%
FANG	C	0.43%
E	F	0.43%
HES	B	0.43%
VLO	C	0.42%
SUZ	B	0.39%
EBR	F	0.36%
X	B	0.34%
LPX	B	0.33%
OXY	D	0.33%
UFPI	C	0.32%
WFG	C	0.29%
WDS	D	0.29%
EQNR	C	0.28%
RGLD	C	0.27%
DVN	F	0.24%
HAL	C	0.2%

HAP Underweight 71 Positions Relative to CVAR

Symbol	Grade	Weight
MKTX	D	-4.15%
CLB	B	-3.05%
PRLB	B	-3.02%
HCSG	C	-2.77%
LUV	C	-2.58%
NWN	A	-2.06%
PAYC	B	-1.72%
GPN	B	-1.71%
VEEV	C	-1.69%
MKC	C	-1.61%
QRVO	F	-1.53%
NKE	F	-1.49%
INTC	C	-1.49%
MDT	D	-1.39%
HUM	C	-1.34%
JNJ	C	-1.28%
ARE	F	-1.27%
ES	C	-1.26%
HRL	D	-1.19%
ABT	B	-1.14%
FMS	A	-1.14%
WU	F	-1.13%
DEI	B	-1.11%
CLX	A	-1.1%
C	A	-1.09%
EW	C	-1.09%
KMB	C	-1.07%
ZTS	D	-1.04%
PRGO	C	-1.03%
WKC	C	-1.03%
POR	C	-1.02%
HAS	D	-1.0%
DG	F	-0.94%
SW	A	-0.94%
ANSS	B	-0.92%
CVS	D	-0.92%
BABA	D	-0.92%
SJM	D	-0.89%
SWKS	F	-0.88%
INDB	B	-0.86%
AAP	D	-0.8%
CMCSA	B	-0.8%
G	B	-0.77%
TFC	A	-0.77%
CGNX	D	-0.75%
KRC	B	-0.67%
BMY	B	-0.63%
PYPL	B	-0.63%
WHR	B	-0.62%
OGS	A	-0.6%
MNRO	D	-0.59%
INGN	C	-0.56%
MCHP	F	-0.55%
ZBH	C	-0.55%
ESRT	C	-0.55%
ADSK	A	-0.54%
LTC	B	-0.53%
JBT	B	-0.51%
BIIB	F	-0.5%
CTSH	B	-0.5%
PARA	C	-0.5%
SQM	D	-0.49%
MMM	D	-0.49%
ILMN	C	-0.48%
SCS	C	-0.47%
PDM	D	-0.45%
PFE	F	-0.44%
RDUS	B	-0.43%
CCI	C	-0.43%
CMP	C	-0.39%
WBD	B	-0.19%