ITAN vs. FCPI ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to Fidelity Stocks for Inflation ETF (FCPI)

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$29.55

Average Daily Volume

5,968

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

FCPI

Fidelity Stocks for Inflation ETF

FCPI Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Stocks for Inflation Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Stocks for Inflation Factor Index℠, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles and positive momentum signals, emphasizing industries that tend to outperform in inflationary environments.

Grade (RS Rating)

Last Trade

$42.15

Average Daily Volume

19,512

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	FCPI
30 Days	1.89%	0.45%
60 Days	3.01%	2.37%
90 Days	4.58%	3.31%
12 Months	23.63%	29.60%

24 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in FCPI	Overlap
AMZN	C	4.77%	1.92%	1.92%
CMCSA	D	0.99%	0.16%	0.16%
COF	C	0.91%	0.61%	0.61%
DBX	D	0.37%	0.23%	0.23%
DELL	D	1.14%	0.26%	0.26%
DIS	D	1.06%	0.17%	0.17%
DOCU	C	0.44%	0.24%	0.24%
EBAY	B	0.71%	0.35%	0.35%
GAP	F	0.22%	0.25%	0.22%
GOOGL	D	1.81%	1.36%	1.36%
HRB	C	0.25%	0.34%	0.25%
IBM	B	1.79%	0.54%	0.54%
LDOS	C	0.52%	0.51%	0.51%
META	A	2.89%	0.95%	0.95%
MU	F	0.37%	0.34%	0.34%
NTAP	D	0.61%	0.24%	0.24%
NXPI	D	0.72%	0.29%	0.29%
PANW	D	0.87%	0.42%	0.42%
QCOM	D	1.76%	0.51%	0.51%
SWKS	F	0.31%	0.22%	0.22%
T	B	1.63%	0.17%	0.17%
TMUS	C	1.33%	0.12%	0.12%
VZ	B	1.43%	0.19%	0.19%
ZM	C	0.44%	0.27%	0.27%

ITAN Overweight 126 Positions Relative to FCPI

Symbol	Grade	Weight
ORCL	B	2.67%
CRM	D	1.91%
GOOG	D	1.81%
CSCO	B	1.69%
ACN	C	1.68%
PFE	C	1.49%
MDT	C	1.3%
WFC	D	1.29%
RTX	C	1.28%
INTC	F	1.2%
HON	D	1.12%
BA	F	1.1%
TGT	C	1.06%
BMY	C	0.97%
PYPL	B	0.96%
CVS	D	0.96%
NOC	B	0.96%
MMM	B	0.95%
LMT	C	0.94%
GILD	B	0.92%
FDX	C	0.9%
GM	B	0.89%
CMI	C	0.82%
F	D	0.81%
CTSH	C	0.78%
GD	B	0.75%
ALL	A	0.74%
HPQ	D	0.74%
SQ	D	0.74%
BDX	F	0.74%
CHTR	D	0.69%
CNC	C	0.69%
WDAY	D	0.67%
LHX	D	0.66%
DASH	C	0.65%
JCI	B	0.64%
WDC	D	0.62%
ADSK	B	0.59%
GLW	B	0.59%
HUM	F	0.58%
BAX	C	0.57%
TEL	D	0.56%
ILMN	C	0.55%
UAL	B	0.54%
HPE	D	0.53%
BBY	B	0.53%
PRU	C	0.53%
J	D	0.53%
DAL	C	0.52%
CAH	C	0.52%
KR	B	0.51%
EXPE	C	0.51%
IQV	C	0.5%
EA	D	0.5%
BIIB	F	0.49%
BAH	B	0.49%
SNAP	F	0.49%
ZBRA	B	0.48%
JNPR	A	0.46%
ZS	F	0.46%
NTNX	C	0.45%
VTRS	C	0.45%
DD	B	0.45%
FFIV	A	0.44%
DGX	B	0.44%
UBER	C	0.44%
ROK	D	0.44%
WBD	D	0.43%
OKTA	F	0.42%
CACI	B	0.42%
PSTG	F	0.41%
TRU	B	0.4%
CVNA	B	0.4%
JLL	B	0.4%
ROKU	C	0.4%
ACM	B	0.4%
DVA	B	0.39%
HAL	F	0.38%
TWLO	D	0.38%
AKAM	D	0.37%
JBL	D	0.36%
Z	B	0.36%
EXAS	C	0.36%
CIEN	C	0.35%
AAL	D	0.35%
EMN	B	0.35%
TRMB	C	0.35%
IP	B	0.34%
LUV	C	0.33%
W	D	0.32%
ELAN	D	0.32%
WBA	F	0.32%
ACI	F	0.32%
TPR	C	0.31%
ALLY	F	0.3%
SWK	B	0.3%
APTV	D	0.3%
RIVN	F	0.29%
HAS	B	0.29%
LYFT	D	0.28%
JAZZ	D	0.28%
ETSY	F	0.28%
PARA	F	0.27%
TAP	C	0.27%
U	D	0.27%
MTCH	C	0.26%
QRVO	F	0.26%
PII	D	0.26%
DOX	C	0.26%
WHR	D	0.26%
ARW	C	0.26%
RUN	C	0.25%
BIO	C	0.24%
PATH	D	0.24%
MAT	C	0.24%
AGCO	D	0.24%
IVZ	C	0.24%
BWA	D	0.23%
ALK	C	0.23%
DLB	D	0.23%
NOV	D	0.22%
RHI	D	0.21%
MASI	D	0.21%
FLR	D	0.19%
XRAY	D	0.17%
M	F	0.16%

ITAN Underweight 76 Positions Relative to FCPI

Symbol	Grade	Weight
AAPL	D	-5.46%
MSFT	C	-5.3%
NVDA	D	-4.61%
LLY	C	-2.68%
CF	B	-2.55%
PG	C	-2.52%
NRG	C	-2.3%
NUE	F	-2.3%
VST	C	-2.19%
STLD	D	-2.18%
AM	B	-2.16%
MPC	D	-2.12%
TPL	C	-2.06%
VICI	C	-2.04%
SPG	B	-2.04%
VLO	D	-1.94%
ABBV	C	-1.92%
MO	C	-1.88%
CL	C	-1.84%
HST	D	-1.83%
BRBR	B	-1.77%
KMB	D	-1.76%
COKE	C	-1.64%
CI	C	-1.45%
REGN	C	-1.44%
ELV	C	-1.43%
HCA	B	-1.38%
AVGO	C	-1.28%
UHS	B	-1.24%
UTHR	C	-1.24%
THC	B	-1.24%
V	B	-1.17%
RPRX	C	-1.16%
MCK	F	-1.06%
MEDP	D	-1.0%
PGR	A	-0.84%
C	D	-0.66%
HIG	A	-0.65%
AMP	B	-0.64%
RNR	B	-0.64%
CAT	C	-0.61%
MTG	B	-0.59%
DFS	C	-0.58%
SYF	C	-0.56%
RGA	B	-0.55%
CRBG	D	-0.55%
JXN	B	-0.53%
EME	B	-0.48%
CSL	C	-0.47%
MLI	B	-0.45%
FIX	B	-0.45%
AMAT	D	-0.44%
BKNG	B	-0.44%
BCC	C	-0.42%
OC	C	-0.41%
KLAC	D	-0.36%
LRCX	F	-0.35%
PHM	B	-0.34%
ANET	B	-0.34%
APH	D	-0.33%
CRWD	F	-0.33%
TOL	B	-0.32%
FICO	A	-0.32%
ABNB	D	-0.31%
ATKR	F	-0.3%
WSM	C	-0.29%
NFLX	B	-0.28%
ANF	D	-0.28%
APP	B	-0.27%
GDDY	C	-0.26%
ONTO	F	-0.24%
CRUS	D	-0.24%
ACIW	B	-0.23%
CVLT	B	-0.22%
QLYS	F	-0.2%
PINS	F	-0.05%