LBO vs. IYF ETF Comparison

Comparison of WHITEWOLF Publicly Listed Private Equity ETF (LBO) to iShares U.S. Financial ETF (IYF)

LBO

WHITEWOLF Publicly Listed Private Equity ETF

LBO Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of U.S. publicly listed private equity companies. It defines "listed private equity companies" as Leverage Finance Providers and Buyout Firms, Sponsors, and Asset Managers (collectively, "Listed Private Equity Companies") that are listed and traded on a U.S. national securities exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.61

Average Daily Volume

179

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IYF

iShares U.S. Financial ETF

IYF Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Financials Index (the "underlying index"), which measures the performance of the financial sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$103.11

Average Daily Volume

237,007

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

Performance

Period	LBO	IYF
30 Days	4.07%	-1.50%
60 Days	5.66%	7.07%
90 Days	7.18%	8.49%
12 Months		41.82%

6 Overlapping Holdings

Symbol	Grade	Weight in LBO	Weight in IYF	Overlap
APO	A	4.81%	1.21%	1.21%
ARES	B	5.0%	0.54%	0.54%
BX	C	5.49%	2.07%	2.07%
KKR	C	7.42%	1.67%	1.67%
OWL	B	5.48%	0.18%	0.18%
TPG	C	5.52%	0.1%	0.1%

LBO Overweight 4 Positions Relative to IYF

Symbol	Grade	Weight
ARCC	A	7.57%
FSK	A	7.24%
BXSL	D	6.63%
HTGC	C	5.13%

LBO Underweight 129 Positions Relative to IYF

Symbol	Grade	Weight
BRK.A	C	-12.55%
JPM	D	-9.37%
BAC	D	-4.48%
WFC	D	-3.66%
SPGI	C	-3.04%
GS	D	-2.92%
PGR	C	-2.81%
BLK	B	-2.54%
MS	B	-2.21%
C	B	-2.21%
CB	A	-2.18%
MMC	D	-2.04%
SCHW	D	-1.81%
ICE	A	-1.68%
MCO	C	-1.45%
CME	A	-1.42%
PNC	C	-1.37%
USB	C	-1.33%
AON	A	-1.26%
AFL	A	-1.12%
AJG	D	-1.11%
TFC	D	-1.05%
TRV	C	-1.01%
BK	C	-0.99%
ALL	C	-0.93%
MET	A	-0.89%
AIG	F	-0.89%
AMP	A	-0.85%
PRU	C	-0.81%
MSCI	B	-0.78%
ACGL	A	-0.76%
DFS	C	-0.67%
HIG	A	-0.64%
COIN	F	-0.62%
NDAQ	C	-0.56%
WTW	A	-0.55%
MTB	C	-0.55%
FITB	C	-0.55%
STT	C	-0.49%
BR	B	-0.45%
BRO	A	-0.45%
RJF	B	-0.44%
TROW	D	-0.44%
FCNCA	D	-0.44%
RF	C	-0.4%
HBAN	C	-0.4%
CBOE	B	-0.4%
CINF	A	-0.39%
MKL	B	-0.38%
PFG	C	-0.36%
CFG	D	-0.35%
NTRS	C	-0.34%
FDS	C	-0.33%
WRB	B	-0.32%
EG	B	-0.31%
LPLA	D	-0.3%
KEY	C	-0.3%
FNF	A	-0.29%
HOOD	C	-0.28%
L	D	-0.27%
RGA	C	-0.27%
TW	A	-0.26%
IBKR	A	-0.26%
RNR	A	-0.25%
EWBC	D	-0.22%
JEF	B	-0.21%
NLY	C	-0.2%
EQH	C	-0.2%
KNSL	D	-0.19%
AIZ	A	-0.19%
SF	A	-0.18%
ALLY	F	-0.18%
WAL	C	-0.18%
GL	C	-0.18%
CG	C	-0.18%
AFG	B	-0.18%
ORI	A	-0.17%
PRI	A	-0.17%
EVR	C	-0.17%
MKTX	C	-0.17%
WBS	D	-0.16%
MORN	C	-0.16%
FHN	D	-0.16%
UNM	A	-0.15%
HLI	B	-0.15%
SOFI	C	-0.15%
BPOP	D	-0.14%
AGNC	C	-0.14%
PNFP	D	-0.14%
VOYA	A	-0.14%
RYAN	A	-0.13%
ZION	D	-0.13%
CMA	C	-0.13%
WTFC	C	-0.13%
CBSH	D	-0.13%
AXS	A	-0.12%
PB	D	-0.12%
IVZ	C	-0.12%
MTG	B	-0.12%
STWD	C	-0.12%
CFR	D	-0.12%
FAF	B	-0.12%
SEIC	B	-0.12%
SNV	D	-0.12%
LAZ	C	-0.11%
AMG	C	-0.11%
OMF	D	-0.11%
RITM	D	-0.11%
RLI	A	-0.11%
BEN	F	-0.11%
JHG	C	-0.1%
FNB	D	-0.1%
COLB	C	-0.1%
OZK	F	-0.09%
SLM	C	-0.09%
THG	A	-0.09%
LNC	D	-0.08%
AGO	D	-0.08%
WTM	D	-0.08%
KMPR	D	-0.07%
FHB	D	-0.06%
BHF	F	-0.06%
CACC	F	-0.06%
BOKF	D	-0.05%
VIRT	C	-0.05%
RKT	B	-0.05%
UWMC	D	-0.02%
CNA	D	-0.02%
TFSL	D	-0.01%

LBO: Top Represented Industries & Keywords

Industries: Asset Management Specialty Finance