ITAN vs. XDAT ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to Franklin Exponential Data ETF (XDAT)

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

XDAT

Franklin Exponential Data ETF

XDAT Description

XDAT provides exposure to companies that may benefit from exponential data or the use of large data sets and/or the growth of data, including systems, services, hardware, software and other digital and physical infrastructure related to data creation, amplification, collection, cleaning, recording, analysis, processing, transmission, delivery, storage, encryption and security. These may include firms that either monetize data or have the potential in the future to monetize data, such as those offering cloud computing technologies and services, data supporting infrastructure, data analytics solutions, artificial intelligence, machine learning, and augmented and virtual reality. In constructing the portfolio the investment managers use a proprietary fundamental, bottom-up research and analysis which leverages insights from diverse sources. The Fund may invest across economic sectors but it leans heavily towards information technology related industries.

Grade (RS Rating)

Last Trade

$23.66

Average Daily Volume

1,907

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	XDAT
30 Days	3.62%	3.06%
60 Days	4.40%	6.44%
90 Days	5.47%	6.76%
12 Months	26.19%	29.45%

9 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in XDAT	Overlap
ACN	C	1.68%	1.71%	1.68%
AKAM	D	0.37%	0.46%	0.37%
CRM	D	1.91%	1.65%	1.65%
GOOGL	D	1.81%	4.47%	1.81%
META	B	2.89%	4.46%	2.89%
PANW	D	0.87%	5.79%	0.87%
TMUS	C	1.33%	3.35%	1.33%
TRU	B	0.4%	0.53%	0.4%
ZS	F	0.46%	1.42%	0.46%

ITAN Overweight 141 Positions Relative to XDAT

Symbol	Grade	Weight
AMZN	C	4.77%
ORCL	C	2.67%
GOOG	D	1.81%
IBM	B	1.79%
QCOM	D	1.76%
CSCO	C	1.69%
T	C	1.63%
PFE	C	1.49%
VZ	B	1.43%
MDT	C	1.3%
WFC	D	1.29%
RTX	C	1.28%
INTC	F	1.2%
DELL	D	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	D	0.96%
NOC	B	0.96%
MMM	B	0.95%
LMT	C	0.94%
GILD	B	0.92%
COF	B	0.91%
FDX	C	0.9%
GM	C	0.89%
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	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%
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	C	0.5%
EA	D	0.5%
BIIB	F	0.49%
BAH	C	0.49%
SNAP	F	0.49%
ZBRA	B	0.48%
JNPR	B	0.46%
NTNX	C	0.45%
VTRS	D	0.45%
DD	B	0.45%
FFIV	B	0.44%
DGX	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%
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%
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	D	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 32 Positions Relative to XDAT

Symbol	Grade	Weight
MSFT	C	-8.81%
NOW	B	-6.1%
FICO	B	-5.85%
DDOG	D	-4.48%
ANET	B	-4.46%
CRWD	D	-4.36%
MDB	D	-4.26%
EQIX	C	-4.14%
MNDY	B	-2.77%
IT	B	-2.47%
SPGI	B	-2.22%
TTD	B	-2.14%
NET	D	-2.05%
FTNT	C	-1.92%
MSCI	C	-1.83%
SNOW	F	-1.79%
FDS	C	-1.46%
HUBS	D	-1.46%
NFLX	B	-1.45%
CCI	C	-1.41%
SBAC	C	-1.24%
S	C	-1.23%
KEYS	C	-0.9%
MCO	B	-0.69%
VRSK	D	-0.5%
CFLT	F	-0.48%
VRT	C	-0.42%
ADBE	F	-0.42%
GTLB	D	-0.41%
GLOB	D	-0.34%
QLYS	F	-0.31%
CXM	F	-0.12%