KCE vs. AMID ETF Comparison

Comparison of SPDR S&P Capital Markets ETF (KCE) to Argent Mid Cap ETF (AMID)

KCE

SPDR S&P Capital Markets ETF

KCE 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 companies that do business as broker-dealers, asset managers, trust and custody banks or exchanges. In seeking to track the performance of the S&P Capital Markets Select Industry 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 capital markets industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$143.37

Average Daily Volume

66,841

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AMID

Argent Mid Cap ETF

AMID Description

AMID aims to outperform the Russell MidCap Index over the long term by applying Change-Based Investing strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary Argent Alpha Model, stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into current and future market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.

Grade (RS Rating)

Last Trade

$36.94

Average Daily Volume

7,659

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KCE	AMID
30 Days	8.54%	3.47%
60 Days	18.77%	7.76%
90 Days	21.26%	9.34%
12 Months	65.00%	37.26%

4 Overlapping Holdings

Symbol	Grade	Weight in KCE	Weight in AMID	Overlap
CG	C	1.92%	2.08%	1.92%
HLI	B	1.75%	3.16%	1.75%
LPLA	B	2.18%	2.75%	2.18%
VCTR	B	1.8%	2.83%	1.8%

KCE Overweight 55 Positions Relative to AMID

Symbol	Grade	Weight
COIN	B	2.31%
HOOD	B	1.96%
RJF	A	1.95%
SF	B	1.95%
MS	A	1.92%
OWL	B	1.91%
IBKR	A	1.91%
EVR	B	1.89%
PJT	B	1.88%
STEP	B	1.84%
PIPR	B	1.84%
AMP	A	1.83%
HLNE	B	1.82%
JHG	B	1.8%
KKR	B	1.8%
GS	B	1.79%
JEF	A	1.77%
SEIC	A	1.76%
NTRS	A	1.75%
FHI	A	1.75%
APAM	B	1.74%
BGC	C	1.74%
SCHW	A	1.73%
TPG	B	1.73%
BX	A	1.71%
TROW	B	1.69%
ARES	B	1.68%
IVZ	C	1.68%
STT	B	1.68%
MC	B	1.68%
BK	B	1.66%
CNS	C	1.64%
MORN	B	1.63%
TW	C	1.62%
AMG	B	1.59%
FDS	A	1.57%
MKTX	C	1.57%
NDAQ	A	1.57%
BEN	C	1.57%
WT	B	1.55%
VIRT	B	1.53%
MSCI	B	1.51%
CME	A	1.5%
MCO	C	1.44%
SNEX	B	1.43%
ICE	D	1.42%
SPGI	C	1.41%
CBOE	D	1.4%
DBRG	F	1.31%
VRTS	B	1.21%
DFIN	D	0.88%
BSIG	B	0.66%
PX	B	0.62%
LPRO	B	0.36%
DHIL	B	0.35%

KCE Underweight 33 Positions Relative to AMID

Symbol	Grade	Weight
CTAS	A	-3.66%
FICO	B	-3.52%
CPRT	A	-3.43%
BLDR	D	-3.36%
CDW	F	-3.18%
FTNT	B	-2.93%
DHI	F	-2.9%
CBZ	B	-2.89%
IT	A	-2.82%
MEDP	C	-2.81%
BAH	C	-2.76%
HCA	D	-2.54%
MUSA	B	-2.51%
BLD	F	-2.47%
URI	B	-2.36%
OMF	A	-2.35%
A	F	-2.25%
ADUS	D	-2.19%
GDDY	A	-2.13%
AFG	A	-2.13%
SCI	B	-2.08%
ICFI	C	-2.08%
TPX	B	-1.94%
AME	A	-1.91%
CHDN	C	-1.61%
LNG	B	-1.6%
ENTG	D	-1.6%
MOH	F	-1.58%
TTEK	C	-1.53%
ABG	B	-1.52%
PATK	D	-1.29%
AX	B	-1.09%
EXPO	D	-1.03%