ITAN vs. SPLV ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV)

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

$29.95

Average Daily Volume

5,950

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

SPLV

PowerShares S&P 500 Low Volatility Portfolio ETF

SPLV Description

The PowerShares S&P 500 Low Volatility Portfolio (Fund) is based on the S&P 500 Low Volatility Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$71.02

Average Daily Volume

1,943,866

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	SPLV
30 Days	3.62%	2.62%
60 Days	4.40%	6.54%
90 Days	5.47%	8.15%
12 Months	26.19%	17.69%

9 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in SPLV	Overlap
CSCO	C	1.69%	0.98%	0.98%
DGX	B	0.44%	0.91%	0.44%
EA	D	0.5%	0.9%	0.5%
GD	B	0.75%	0.99%	0.75%
HON	D	1.12%	1.08%	1.08%
LMT	C	0.94%	0.98%	0.94%
MDT	C	1.3%	0.96%	0.96%
PRU	C	0.53%	0.97%	0.53%
TMUS	C	1.33%	1.28%	1.28%

ITAN Overweight 141 Positions Relative to SPLV

Symbol	Grade	Weight
AMZN	C	4.77%
META	B	2.89%
ORCL	C	2.67%
CRM	D	1.91%
GOOG	D	1.81%
GOOGL	D	1.81%
IBM	B	1.79%
QCOM	D	1.76%
ACN	C	1.68%
T	C	1.63%
PFE	C	1.49%
VZ	B	1.43%
WFC	D	1.29%
RTX	C	1.28%
INTC	F	1.2%
DELL	D	1.14%
BA	F	1.1%
TGT	C	1.06%
DIS	D	1.06%
CMCSA	D	0.99%
BMY	C	0.97%
PYPL	B	0.96%
CVS	D	0.96%
NOC	B	0.96%
MMM	B	0.95%
GILD	B	0.92%
COF	B	0.91%
FDX	C	0.9%
GM	C	0.89%
PANW	D	0.87%
CMI	C	0.82%
F	F	0.81%
CTSH	C	0.78%
ALL	B	0.74%
HPQ	D	0.74%
SQ	D	0.74%
BDX	D	0.74%
NXPI	F	0.72%
EBAY	B	0.71%
CHTR	D	0.69%
CNC	D	0.69%
WDAY	D	0.67%
LHX	C	0.66%
DASH	C	0.65%
JCI	B	0.64%
WDC	D	0.62%
NTAP	D	0.61%
ADSK	C	0.59%
GLW	C	0.59%
HUM	F	0.58%
BAX	C	0.57%
TEL	D	0.56%
ILMN	C	0.55%
UAL	C	0.54%
HPE	D	0.53%
BBY	C	0.53%
J	C	0.53%
LDOS	B	0.52%
DAL	C	0.52%
CAH	C	0.52%
KR	C	0.51%
EXPE	C	0.51%
IQV	C	0.5%
BIIB	F	0.49%
BAH	C	0.49%
SNAP	F	0.49%
ZBRA	B	0.48%
JNPR	B	0.46%
ZS	F	0.46%
NTNX	C	0.45%
VTRS	D	0.45%
DD	B	0.45%
FFIV	B	0.44%
UBER	C	0.44%
DOCU	C	0.44%
ZM	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%
MU	F	0.37%
DBX	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%
SWKS	D	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	D	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%
HRB	C	0.25%
BIO	C	0.24%
PATH	D	0.24%
MAT	C	0.24%
AGCO	D	0.24%
IVZ	B	0.24%
BWA	D	0.23%
ALK	C	0.23%
DLB	F	0.23%
GAP	F	0.22%
NOV	F	0.22%
RHI	D	0.21%
MASI	F	0.21%
FLR	D	0.19%
XRAY	D	0.17%
M	F	0.16%

ITAN Underweight 88 Positions Relative to SPLV

Symbol	Grade	Weight
BRK.A	C	-1.4%
KO	C	-1.32%
V	C	-1.26%
RSG	D	-1.22%
MMC	C	-1.21%
CL	D	-1.2%
PG	C	-1.18%
L	C	-1.18%
WMT	C	-1.16%
TJX	B	-1.14%
MA	B	-1.14%
LIN	B	-1.11%
JNJ	C	-1.1%
PM	C	-1.08%
ROP	C	-1.08%
MCD	B	-1.08%
CB	B	-1.07%
ICE	C	-1.07%
ITW	C	-1.06%
ATO	B	-1.06%
MSI	B	-1.04%
AVY	C	-1.04%
BK	B	-1.04%
CME	C	-1.04%
MDLZ	B	-1.03%
REGN	C	-1.03%
UNP	C	-1.02%
DUK	C	-1.02%
HIG	B	-1.02%
SPGI	B	-1.01%
YUM	D	-1.01%
PEP	C	-1.01%
COST	B	-1.0%
ADP	B	-1.0%
AMP	A	-1.0%
KMI	B	-1.0%
WMB	B	-0.99%
OKE	B	-0.98%
MET	B	-0.98%
CTAS	B	-0.98%
AJG	D	-0.98%
AME	C	-0.98%
KDP	B	-0.97%
JPM	D	-0.97%
PPL	C	-0.97%
KMB	D	-0.96%
WELL	C	-0.96%
WM	D	-0.96%
SO	B	-0.96%
CHD	D	-0.96%
ABT	C	-0.95%
PEG	C	-0.95%
CMS	C	-0.95%
AFL	C	-0.95%
PKG	B	-0.95%
STZ	D	-0.95%
AIG	D	-0.95%
DRI	B	-0.95%
IEX	D	-0.95%
VRSN	D	-0.95%
AVB	B	-0.95%
ED	C	-0.95%
ETR	B	-0.94%
OTIS	C	-0.94%
PAYX	C	-0.94%
PFG	B	-0.94%
FE	C	-0.94%
OMC	B	-0.93%
CSX	D	-0.93%
SRE	C	-0.93%
MO	C	-0.93%
LNT	B	-0.93%
GIS	B	-0.92%
WEC	C	-0.92%
BRO	C	-0.92%
ECL	B	-0.92%
PPG	D	-0.91%
ABBV	C	-0.91%
ELV	C	-0.9%
HLT	B	-0.9%
CBOE	C	-0.89%
BR	D	-0.89%
HOLX	C	-0.89%
EVRG	B	-0.88%
SYY	D	-0.88%
LYB	D	-0.88%
DOW	D	-0.83%
MCK	F	-0.76%