KBE vs. AFMC ETF Comparison

Comparison of SPDR S&P Bank ETF (KBE) to Active Factor Mid Cap ETF (AFMC)

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.28

Average Daily Volume

1,814,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AFMC

Active Factor Mid Cap ETF

AFMC Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.81

Average Daily Volume

9,283

Number of Holdings ^*

244

* may have additional holdings in another (foreign) market

Performance

Period	KBE	AFMC
30 Days	10.56%	5.13%
60 Days	12.89%	6.14%
90 Days	13.40%	7.25%
12 Months	57.32%	39.01%

16 Overlapping Holdings

Symbol	Grade	Weight in KBE	Weight in AFMC	Overlap
CATY	B	0.97%	0.25%	0.25%
CBSH	B	1.16%	0.5%	0.5%
COLB	B	1.28%	0.33%	0.33%
EQH	C	1.2%	0.1%	0.1%
ESNT	F	0.89%	0.78%	0.78%
FHN	A	1.25%	0.31%	0.31%
HOMB	A	1.15%	0.19%	0.19%
HWC	B	1.2%	0.33%	0.33%
IBOC	B	0.89%	0.86%	0.86%
JXN	C	1.31%	0.73%	0.73%
MTG	C	0.98%	1.07%	0.98%
OZK	B	1.15%	0.2%	0.2%
RDN	D	0.98%	0.75%	0.75%
SSB	B	1.14%	0.31%	0.31%
WBS	A	1.34%	0.71%	0.71%
ZION	B	1.28%	0.17%	0.17%

KBE Overweight 77 Positions Relative to AFMC

Symbol	Grade	Weight
APO	B	1.42%
WFC	A	1.37%
EWBC	A	1.34%
AX	B	1.32%
PNFP	B	1.32%
SNV	C	1.3%
ASB	B	1.29%
GBCI	B	1.28%
CFR	B	1.28%
WTFC	A	1.27%
MTB	A	1.26%
TCBI	C	1.26%
CADE	B	1.22%
BOH	B	1.22%
HBAN	A	1.22%
NTRS	A	1.21%
CMA	B	1.21%
RF	A	1.19%
KEY	B	1.19%
ONB	C	1.19%
C	A	1.19%
UMBF	B	1.19%
FULT	A	1.18%
BAC	A	1.18%
FCNCA	A	1.18%
VLY	B	1.18%
PNC	B	1.18%
FNB	A	1.18%
JPM	A	1.17%
BANC	B	1.16%
ABCB	B	1.15%
FFIN	B	1.15%
CFG	B	1.15%
TBBK	B	1.15%
PB	B	1.14%
UBSI	B	1.14%
BK	A	1.13%
WAL	B	1.13%
USB	A	1.13%
FITB	B	1.12%
TFC	A	1.11%
CRBG	B	1.11%
BKU	A	1.1%
VOYA	B	1.1%
FIBK	B	1.09%
FBP	C	1.06%
COOP	B	1.06%
AUB	B	1.03%
EBC	B	1.03%
CVBF	A	1.02%
WD	D	1.01%
PFS	B	1.0%
BPOP	C	0.99%
INDB	B	0.99%
CBU	B	0.99%
BOKF	B	0.94%
NMIH	C	0.93%
SFBS	C	0.91%
PFSI	C	0.9%
FHB	B	0.89%
UCB	A	0.88%
WAFD	B	0.85%
RNST	B	0.82%
WSFS	B	0.81%
TFIN	B	0.81%
RKT	F	0.79%
PPBI	C	0.79%
IBTX	B	0.78%
BANR	B	0.75%
SBCF	B	0.72%
SFNC	C	0.64%
TRMK	C	0.62%
FFBC	B	0.61%
HTH	C	0.59%
FRME	B	0.57%
LKFN	C	0.46%
WSBC	B	0.44%

KBE Underweight 228 Positions Relative to AFMC

Symbol	Grade	Weight
SFM	A	-1.95%
UTHR	C	-1.66%
TOL	B	-1.48%
EME	A	-1.3%
THC	D	-1.2%
AYI	B	-1.19%
MLI	B	-1.17%
ALSN	B	-1.14%
ORI	A	-1.12%
GDDY	A	-1.12%
KBH	D	-1.12%
FIX	A	-1.0%
NRG	B	-0.96%
VST	A	-0.95%
IDCC	B	-0.95%
INGR	C	-0.92%
UNM	A	-0.9%
TPL	A	-0.87%
ACT	C	-0.86%
COKE	C	-0.83%
CSL	C	-0.82%
CW	C	-0.81%
TMHC	C	-0.8%
OC	A	-0.78%
HIW	C	-0.78%
CACI	D	-0.76%
SF	B	-0.74%
LII	A	-0.73%
WSM	C	-0.71%
TXRH	B	-0.7%
CVLT	B	-0.69%
JBL	C	-0.69%
GLPI	C	-0.68%
CNM	D	-0.67%
FHI	B	-0.67%
G	B	-0.67%
FICO	B	-0.66%
ERIE	D	-0.64%
NXST	C	-0.62%
WPC	C	-0.62%
CMC	B	-0.61%
AMG	B	-0.61%
BLDR	D	-0.6%
NTAP	C	-0.59%
PRI	B	-0.59%
BRBR	A	-0.58%
MUSA	B	-0.58%
OHI	C	-0.58%
BERY	C	-0.57%
FFIV	B	-0.57%
SNX	D	-0.57%
EXP	B	-0.57%
PHM	D	-0.57%
CUZ	B	-0.56%
TPR	B	-0.56%
DBX	B	-0.55%
NFG	A	-0.55%
TGNA	B	-0.54%
SBRA	C	-0.53%
HRB	D	-0.53%
PSN	D	-0.53%
PPC	C	-0.53%
SANM	B	-0.52%
CRS	B	-0.52%
DECK	A	-0.51%
ACIW	B	-0.51%
HALO	F	-0.51%
NYT	D	-0.51%
ENS	F	-0.5%
RPM	A	-0.5%
MTH	D	-0.49%
KMT	B	-0.49%
MEDP	D	-0.47%
CRUS	D	-0.47%
BCC	B	-0.46%
SNA	A	-0.46%
NVST	B	-0.46%
GMED	A	-0.46%
UHS	D	-0.46%
DINO	D	-0.46%
BTU	B	-0.45%
GHC	B	-0.45%
PK	C	-0.44%
ONTO	F	-0.44%
NTCT	C	-0.44%
HNI	B	-0.44%
JLL	D	-0.44%
PINC	B	-0.44%
AMR	C	-0.43%
AGCO	D	-0.42%
PVH	C	-0.41%
WFRD	D	-0.4%
RGLD	C	-0.4%
CHE	D	-0.4%
GEF	A	-0.4%
MAN	F	-0.39%
HLI	A	-0.39%
LAMR	C	-0.39%
EXEL	B	-0.39%
JAZZ	B	-0.39%
CHRD	D	-0.39%
SAIC	F	-0.38%
TEX	F	-0.38%
CDP	C	-0.38%
DDS	B	-0.38%
MOH	F	-0.37%
ANF	F	-0.37%
AIZ	A	-0.37%
WSO	A	-0.37%
STLD	B	-0.36%
BYD	B	-0.35%
UFPI	C	-0.35%
RS	B	-0.35%
ARW	D	-0.34%
ADC	A	-0.33%
CSWI	B	-0.33%
UGI	C	-0.33%
ASO	F	-0.32%
GAP	C	-0.32%
INCY	C	-0.32%
EPR	C	-0.31%
BDC	C	-0.3%
TTEK	F	-0.3%
APPF	B	-0.3%
DKS	D	-0.29%
CR	A	-0.29%
FSS	B	-0.29%
MANH	D	-0.28%
AVT	C	-0.28%
PBF	D	-0.28%
NVT	B	-0.27%
CHRW	B	-0.27%
LOPE	C	-0.27%
LNTH	D	-0.27%
EHC	B	-0.27%
RL	C	-0.27%
ATKR	D	-0.27%
NSA	C	-0.26%
WWD	C	-0.26%
OLN	F	-0.26%
WCC	B	-0.26%
ZD	B	-0.26%
MSM	C	-0.26%
JHG	B	-0.26%
CTRE	C	-0.26%
GPI	B	-0.25%
HOG	D	-0.25%
IBP	D	-0.25%
AN	C	-0.25%
LPX	B	-0.24%
ENSG	C	-0.24%
CNA	C	-0.24%
VMI	B	-0.24%
ESAB	C	-0.24%
TDC	D	-0.23%
NBIX	C	-0.22%
AIT	B	-0.22%
HST	C	-0.22%
L	A	-0.21%
BWA	D	-0.21%
CRVL	B	-0.21%
LEA	F	-0.21%
NAVI	F	-0.2%
JWN	D	-0.19%
NEU	D	-0.19%
PRGO	C	-0.18%
SJM	D	-0.18%
ADNT	F	-0.18%
DXC	B	-0.18%
CLF	F	-0.18%
CRI	F	-0.18%
HPP	F	-0.17%
APLE	B	-0.17%
SM	B	-0.17%
CROX	D	-0.17%
NUS	D	-0.17%
ABG	C	-0.17%
VSH	F	-0.15%
M	F	-0.15%
ATR	B	-0.15%
CASY	A	-0.14%
CAH	B	-0.13%
BLD	D	-0.13%
OPCH	D	-0.12%
AEO	F	-0.12%
BOX	B	-0.11%
NSIT	F	-0.11%
ELF	C	-0.11%
TPH	D	-0.11%
AOS	F	-0.1%
CUBE	C	-0.1%
EXLS	B	-0.1%
VNT	C	-0.1%
BPMC	B	-0.1%
GEN	B	-0.1%
LECO	C	-0.09%
ITRI	C	-0.09%
ITT	A	-0.09%
CPT	B	-0.09%
CNXC	F	-0.09%
AMN	F	-0.09%
ZETA	D	-0.08%
BRX	A	-0.08%
HSIC	C	-0.08%
APA	D	-0.08%
OGN	F	-0.08%
ASGN	F	-0.08%
DCI	B	-0.08%
DOCS	C	-0.08%
HAE	C	-0.08%
WU	F	-0.07%
TAP	C	-0.07%
SKX	D	-0.07%
OSCR	D	-0.06%
PBH	A	-0.06%
PDCO	F	-0.06%
MMSI	A	-0.06%
SPSC	D	-0.05%
ACLS	F	-0.05%
AWI	A	-0.05%
DVA	C	-0.05%
BMI	B	-0.04%
CXT	C	-0.04%
LEVI	F	-0.03%
IART	C	-0.02%
NNN	C	-0.0%
VRNS	D	-0.0%
PI	D	-0.0%