ITAN vs. TMAT ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to Main Thematic Innovation ETF (TMAT)

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

$29.90

Average Daily Volume

5,875

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

TMAT

Main Thematic Innovation ETF

TMAT Description

The investment seeks to outperform the MSCI ACWI Index® in rising markets while limiting losses during periods of decline. The adviser seeks to achieve its objective through dynamic thematic rotation. The Adviser focuses its research primarily on identifying emerging, disruptive, and innovative themes that have a large market demand or addressable market. The Adviser rotates among themes with large addressable markets which may range from nascent technologies to those on the cusp of widespread adoption and buys securities of ETFs investing in those themes.

Grade (RS Rating)

Last Trade

$17.31

Average Daily Volume

17,421

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	TMAT
30 Days	2.57%	0.60%
60 Days	3.57%	-3.12%
90 Days	5.31%	1.13%
12 Months	27.97%	28.72%

12 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in TMAT	Overlap
BAH	B	0.49%	0.65%	0.49%
DLB	D	0.23%	0.58%	0.23%
EA	D	0.5%	0.69%	0.5%
GOOG	D	1.81%	0.56%	0.56%
LYFT	D	0.28%	0.62%	0.28%
META	A	2.89%	3.15%	2.89%
MU	F	0.37%	1.57%	0.37%
NTAP	D	0.61%	0.63%	0.61%
NTNX	C	0.45%	0.8%	0.45%
PSTG	F	0.41%	0.55%	0.41%
RIVN	F	0.29%	0.55%	0.29%
WDC	D	0.62%	0.61%	0.61%

ITAN Overweight 138 Positions Relative to TMAT

Symbol	Grade	Weight
AMZN	C	4.77%
ORCL	B	2.67%
CRM	D	1.91%
GOOGL	D	1.81%
IBM	A	1.79%
QCOM	F	1.76%
CSCO	B	1.69%
ACN	C	1.68%
T	C	1.63%
PFE	C	1.49%
VZ	B	1.43%
TMUS	C	1.33%
MDT	C	1.3%
WFC	D	1.29%
RTX	C	1.28%
INTC	F	1.2%
DELL	C	1.14%
HON	D	1.12%
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	F	0.96%
NOC	A	0.96%
MMM	A	0.95%
LMT	B	0.94%
GILD	B	0.92%
COF	A	0.91%
FDX	F	0.9%
GM	B	0.89%
PANW	C	0.87%
CMI	C	0.82%
F	F	0.81%
CTSH	C	0.78%
GD	B	0.75%
ALL	B	0.74%
HPQ	D	0.74%
SQ	D	0.74%
BDX	F	0.74%
NXPI	D	0.72%
EBAY	B	0.71%
CHTR	D	0.69%
CNC	C	0.69%
WDAY	D	0.67%
LHX	C	0.66%
DASH	B	0.65%
JCI	B	0.64%
ADSK	C	0.59%
GLW	B	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%
PRU	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	D	0.5%
BIIB	F	0.49%
SNAP	F	0.49%
ZBRA	B	0.48%
JNPR	A	0.46%
ZS	F	0.46%
VTRS	D	0.45%
DD	B	0.45%
FFIV	B	0.44%
DGX	C	0.44%
UBER	C	0.44%
DOCU	C	0.44%
ZM	C	0.44%
ROK	F	0.44%
WBD	D	0.43%
OKTA	F	0.42%
CACI	B	0.42%
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	C	0.38%
AKAM	D	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	C	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	F	0.31%
ALLY	D	0.3%
SWK	B	0.3%
APTV	D	0.3%
HAS	B	0.29%
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	C	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%
GAP	F	0.22%
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 100 Positions Relative to TMAT

Symbol	Grade	Weight
NVDA	D	-4.35%
TSM	C	-3.49%
AFRM	C	-2.08%
TXN	C	-2.0%
APP	B	-1.84%
ARM	C	-1.83%
AVGO	C	-1.48%
GLBE	C	-1.4%
HOOD	C	-1.34%
ANSS	D	-1.34%
KLAC	D	-1.32%
KTOS	C	-1.29%
MKSI	F	-1.16%
STM	F	-1.09%
CDNA	C	-1.02%
FLNC	C	-0.91%
APLD	C	-0.89%
COIN	F	-0.88%
RKLB	B	-0.85%
PRCT	B	-0.82%
TDG	B	-0.81%
NIO	D	-0.81%
GENI	B	-0.77%
FOUR	C	-0.77%
UNP	C	-0.75%
LCID	D	-0.74%
ACVA	B	-0.74%
RDNT	B	-0.73%
CSL	B	-0.73%
VRT	C	-0.73%
LNW	B	-0.73%
EBR	D	-0.73%
DLO	D	-0.73%
CPAY	C	-0.73%
DKNG	C	-0.72%
FSLR	C	-0.71%
BLND	C	-0.71%
EME	A	-0.7%
PAYC	D	-0.7%
BILI	C	-0.69%
ONTO	D	-0.69%
ICE	C	-0.68%
GERN	D	-0.68%
VTEX	D	-0.68%
APH	C	-0.68%
IBKR	A	-0.67%
PAY	C	-0.67%
DLR	B	-0.67%
ARE	C	-0.66%
BRKR	D	-0.66%
SYK	C	-0.66%
ON	F	-0.66%
SWTX	F	-0.65%
CPRT	D	-0.65%
PCTY	C	-0.65%
EVTC	F	-0.64%
WK	D	-0.64%
FLYW	F	-0.64%
HQY	C	-0.64%
TTWO	D	-0.64%
ZD	D	-0.63%
WULF	D	-0.62%
MQ	F	-0.62%
HUYA	D	-0.61%
BMI	B	-0.61%
UTHR	C	-0.61%
IRDM	D	-0.61%
QLYS	F	-0.6%
LPRO	D	-0.59%
KRYS	D	-0.59%
ENPH	D	-0.57%
AMSC	D	-0.57%
LLY	C	-0.56%
HRI	C	-0.56%
ABNB	D	-0.56%
PLUG	F	-0.55%
ASND	C	-0.55%
AMAT	D	-0.55%
APPF	D	-0.54%
IBTA	D	-0.54%
FORM	F	-0.54%
SRPT	D	-0.53%
SMCI	F	-0.53%
LMND	D	-0.52%
CRSP	F	-0.52%
CFLT	F	-0.51%
IREN	D	-0.51%
ACHR	F	-0.49%
CRSR	F	-0.48%
RCKT	F	-0.48%
SPT	F	-0.47%
BE	F	-0.47%
PDD	F	-0.47%
HIMS	D	-0.45%
LRCX	F	-0.45%
PAGS	F	-0.45%
PUBM	F	-0.42%
CLSK	F	-0.37%
LAZR	F	-0.31%
JMIA	F	-0.24%