LCLG vs. QVAL ETF Comparison

Comparison of Logan Capital Broad Innovative Growth ETF (LCLG) to ValueShares U.S. Quantitative Value ETF (QVAL)

LCLG

Logan Capital Broad Innovative Growth ETF

LCLG Description

The investment seeks long-term capital appreciation. Under normal market conditions, the fund invests primarily in securities of companies that use innovative technologies or ideas to gain advantage over competitors. The Advisor expects to invest principally in large capitalization equity securities that are traded on U.S. securities exchanges. The fund may invest up to 20% of its total assets in securities of foreign issuers, including issuers in emerging markets.

Grade (RS Rating)

Last Trade

$52.90

Average Daily Volume

575

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.14

Average Daily Volume

18,767

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LCLG	QVAL
30 Days	7.03%	1.96%
60 Days	9.73%	1.90%
90 Days	10.64%	3.12%
12 Months	40.52%	25.13%

3 Overlapping Holdings

Symbol	Grade	Weight in LCLG	Weight in QVAL	Overlap
DKS	D	3.01%	1.94%	1.94%
GPK	C	0.9%	1.95%	0.9%
WSM	C	1.65%	1.97%	1.65%

LCLG Overweight 54 Positions Relative to QVAL

Symbol	Grade	Weight
APP	B	5.16%
NFLX	A	5.14%
AAPL	C	4.63%
MA	B	4.62%
AMZN	C	4.3%
APH	A	4.28%
AVGO	D	3.99%
META	D	3.86%
KLAC	F	3.65%
CTAS	B	2.83%
URI	C	2.58%
GOOGL	C	2.56%
FAST	B	2.32%
ODFL	C	2.16%
DECK	A	1.86%
GOOG	C	1.8%
TTD	B	1.78%
COIN	C	1.78%
LAD	A	1.76%
BURL	B	1.75%
ANET	C	1.69%
CPRT	B	1.62%
SHW	B	1.58%
MTD	F	1.58%
TXRH	B	1.54%
LECO	C	1.46%
EA	A	1.32%
WAT	C	1.29%
SBUX	A	1.28%
ZBRA	B	1.2%
ADBE	C	1.1%
ACN	B	1.07%
MAR	A	0.98%
NDSN	B	0.96%
HD	B	0.93%
LPLA	A	0.87%
MNST	C	0.87%
PAYC	B	0.84%
A	D	0.82%
HUBB	B	0.8%
IQV	F	0.69%
LOGI	D	0.68%
LULU	C	0.66%
ZTS	D	0.59%
TRMB	B	0.58%
ELF	C	0.56%
ETN	A	0.53%
POOL	C	0.45%
CRL	D	0.41%
NSP	F	0.4%
LW	C	0.38%
RH	C	0.36%
OMF	A	0.35%
IPGP	D	0.25%

LCLG Underweight 47 Positions Relative to QVAL

Symbol	Grade	Weight
TPR	B	-2.28%
BKR	A	-2.26%
UAL	A	-2.22%
MO	A	-2.19%
TAP	C	-2.18%
FTI	A	-2.15%
ALSN	B	-2.14%
HES	B	-2.14%
FOXA	A	-2.12%
LRN	A	-2.12%
GTES	A	-2.11%
DAL	B	-2.1%
SNA	A	-2.1%
WFRD	D	-2.07%
TGT	F	-2.07%
URBN	C	-2.06%
SM	B	-2.06%
ANF	F	-2.05%
SIG	B	-2.02%
JBL	C	-2.02%
CTSH	B	-2.02%
TOL	B	-2.01%
MHK	D	-2.0%
HPQ	B	-2.0%
CMCSA	B	-1.99%
MMM	D	-1.99%
TEX	F	-1.99%
UTHR	C	-1.98%
CAT	B	-1.97%
HRB	D	-1.96%
CVS	D	-1.95%
BBY	D	-1.94%
LEN	D	-1.92%
CNH	C	-1.9%
ELV	F	-1.9%
THC	D	-1.89%
OMC	C	-1.89%
LYB	F	-1.88%
CNC	D	-1.87%
FCX	F	-1.87%
UHS	D	-1.87%
CRI	F	-1.85%
IPG	D	-1.8%
MAT	D	-1.78%
MOH	F	-1.76%
ASO	F	-1.76%
CROX	D	-1.7%