ITAN vs. QTUM ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to Defiance Quantum ETF (QTUM)

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

$32.05

Average Daily Volume

1,878

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

QTUM

Defiance Quantum ETF

QTUM Description

The investment seeks to track the total return performance, before fees and expenses, of the BlueStar Quantum Computing and Machine Learning Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index consists of a modified equal-weighted portfolio of the stock of companies whose products or services are predominantly tied to the development of quantum computing and machine learning technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$68.45

Average Daily Volume

38,983

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	QTUM
30 Days	5.34%	8.84%
60 Days	7.33%	11.51%
90 Days	9.71%	10.08%
12 Months	31.35%	37.45%

13 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in QTUM	Overlap
ACN	C	1.58%	1.73%	1.58%
BAH	F	0.4%	1.31%	0.4%
GOOGL	C	2.11%	1.37%	1.37%
HON	B	1.21%	1.5%	1.21%
HPE	B	0.63%	1.4%	0.63%
IBM	C	1.76%	1.75%	1.75%
INTC	D	1.25%	1.08%	1.08%
JNPR	F	0.4%	1.39%	0.4%
LMT	D	0.38%	1.61%	0.38%
NOC	D	0.88%	1.59%	0.88%
NXPI	D	0.67%	1.08%	0.67%
QCOM	F	1.53%	0.99%	0.99%
RTX	C	1.22%	1.54%	1.22%

ITAN Overweight 138 Positions Relative to QTUM

Symbol	Grade	Weight
AMZN	C	4.72%
META	D	2.91%
ORCL	B	2.38%
GOOG	C	2.11%
CRM	B	2.09%
CSCO	B	1.77%
T	A	1.63%
WFC	A	1.56%
TMUS	B	1.43%
VZ	C	1.36%
PFE	D	1.32%
DIS	B	1.25%
MDT	D	1.15%
DELL	C	1.13%
PYPL	B	1.09%
COF	B	1.08%
CMCSA	B	1.07%
BMY	B	1.04%
BA	F	1.03%
GM	B	0.97%
CVS	D	0.96%
SQ	B	0.94%
GILD	C	0.9%
PANW	C	0.89%
MMM	D	0.88%
FDX	B	0.86%
CMI	A	0.85%
TGT	F	0.83%
F	C	0.81%
CTSH	B	0.77%
UAL	A	0.76%
HPQ	B	0.74%
ALL	A	0.74%
CHTR	C	0.71%
DASH	A	0.71%
LHX	C	0.71%
BDX	F	0.69%
JCI	C	0.68%
WDAY	B	0.67%
EBAY	D	0.66%
NTAP	C	0.64%
GD	F	0.64%
ADSK	A	0.64%
DAL	C	0.61%
GLW	B	0.6%
EXPE	B	0.59%
CVNA	B	0.58%
HUM	C	0.56%
CNC	D	0.56%
WBD	C	0.55%
EA	A	0.55%
WDC	D	0.55%
PRU	A	0.54%
CAH	B	0.52%
DOCU	A	0.52%
KR	B	0.51%
VTRS	A	0.51%
ZM	B	0.51%
SNAP	C	0.5%
ZS	C	0.5%
ILMN	D	0.5%
TWLO	A	0.49%
NTNX	A	0.48%
LDOS	C	0.47%
FFIV	B	0.46%
DD	D	0.45%
ROK	B	0.45%
BBY	D	0.45%
ZBRA	B	0.45%
BAX	D	0.45%
DGX	A	0.44%
LH	C	0.44%
TRMB	B	0.43%
IQV	D	0.43%
OKTA	C	0.42%
ACM	A	0.42%
J	F	0.41%
PSTG	D	0.4%
BIIB	F	0.4%
AAL	B	0.4%
CIEN	B	0.39%
DVA	B	0.38%
EXAS	D	0.38%
TPR	B	0.38%
JLL	D	0.37%
ROKU	D	0.37%
DBX	B	0.37%
JBL	B	0.37%
LYFT	C	0.36%
IP	B	0.36%
EMN	D	0.35%
CACI	D	0.35%
NWSA	B	0.34%
AKAM	D	0.33%
SWKS	F	0.33%
TRU	D	0.33%
LUMN	C	0.32%
ALLY	C	0.32%
ACI	C	0.31%
JAZZ	B	0.3%
TAP	C	0.3%
ELAN	D	0.29%
SWK	D	0.29%
TXT	D	0.29%
U	C	0.29%
PARA	C	0.28%
ANF	C	0.28%
ETSY	D	0.28%
G	B	0.28%
W	F	0.28%
WBA	F	0.27%
MASI	A	0.27%
WHR	B	0.27%
BOX	B	0.26%
HAS	D	0.26%
FAF	A	0.26%
BIO	D	0.25%
ALK	C	0.25%
MTCH	D	0.24%
FLS	B	0.24%
MAT	D	0.24%
IVZ	B	0.24%
GAP	C	0.23%
RIVN	F	0.23%
NOV	C	0.23%
UAA	C	0.23%
PATH	C	0.23%
DOX	D	0.23%
ARW	D	0.23%
RHI	B	0.22%
BWA	D	0.22%
HRB	D	0.21%
AGCO	D	0.2%
HOG	D	0.2%
QRVO	F	0.2%
M	D	0.16%
RUN	F	0.14%
XRAY	F	0.14%

ITAN Underweight 37 Positions Relative to QTUM

Symbol	Grade	Weight
MSTR	C	-4.52%
QBTS	B	-2.48%
COHR	B	-2.03%
RGTI	C	-2.03%
RDNT	B	-1.84%
WIT	A	-1.7%
MRVL	B	-1.69%
NVDA	C	-1.61%
BABA	D	-1.54%
NOK	D	-1.54%
TSM	B	-1.5%
TXN	C	-1.38%
CDNS	B	-1.35%
ABBV	D	-1.32%
MSFT	F	-1.3%
SNPS	B	-1.27%
BIDU	F	-1.27%
TDC	D	-1.23%
ON	D	-1.22%
ADI	D	-1.22%
AMD	F	-1.19%
NVEC	C	-1.18%
CRUS	D	-1.12%
LSCC	D	-1.11%
MKSI	C	-1.1%
ESTC	C	-1.07%
SYNA	C	-1.05%
KLAC	D	-1.03%
ONTO	D	-1.0%
AMAT	F	-0.99%
MU	D	-0.97%
FORM	D	-0.96%
TER	D	-0.96%
MCHP	D	-0.95%
LRCX	F	-0.93%
ASML	F	-0.85%
STM	F	-0.75%