LGRO vs. CRBN ETF Comparison

Comparison of Level Four Large Cap Growth Active ETF (LGRO) to iShares MSCI ACWI Low Carbon Target ETF (CRBN)

LGRO

Level Four Large Cap Growth Active ETF

LGRO Description

The fund invests primarily in equity securities of carefully selected, high-quality U.S. companies. The fund invests primarily in the domestic equity securities of companies selected by Level Four Capital Management, LLC for their growth potential within various market sectors.

Grade (RS Rating)

Last Trade

$35.19

Average Daily Volume

1,898

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CRBN

iShares MSCI ACWI Low Carbon Target ETF

CRBN Description

The investment seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities with a lower carbon exposure than that of the broad market. The fund seeks to track the investment results of the MSCI ACWI Low Carbon Target Index. It generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to address two dimensions of carbon exposure - carbon emissions and potential carbon emissions from fossil fuel reserves. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$199.58

Average Daily Volume

7,972

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LGRO	CRBN
30 Days	5.61%	2.31%
60 Days	6.52%	1.53%
90 Days	11.03%	4.42%
12 Months	35.50%	27.81%

7 Overlapping Holdings

Symbol	Grade	Weight in LGRO	Weight in CRBN	Overlap
AAPL	B	7.16%	4.37%	4.37%
AMZN	C	5.56%	2.28%	2.28%
AVGO	D	1.83%	1.05%	1.05%
GOOGL	C	5.03%	1.37%	1.37%
META	D	3.28%	1.64%	1.64%
MSFT	D	5.75%	3.7%	3.7%
NVDA	C	4.33%	4.33%	4.33%

LGRO Overweight 40 Positions Relative to CRBN

Symbol	Grade	Weight
BKNG	B	3.65%
BLK	C	3.47%
PYPL	A	3.31%
TWLO	B	2.74%
LRCX	F	2.72%
SNOW	C	2.66%
UBER	D	2.59%
UNH	B	2.51%
MS	B	2.44%
NOW	B	2.43%
DOCU	A	2.41%
NFLX	B	2.34%
RH	B	2.23%
MSCI	C	2.16%
HD	A	2.09%
CRM	B	2.04%
MA	B	1.94%
Z	B	1.49%
MPWR	F	1.49%
MU	D	1.48%
AMAT	F	1.44%
PANW	C	1.14%
PSX	C	1.12%
LMT	D	1.07%
FIS	D	1.05%
ABBV	D	1.03%
URI	B	1.02%
PAYC	A	0.99%
V	A	0.98%
CTSH	B	0.98%
PHM	C	0.97%
VRTX	D	0.96%
MCD	D	0.91%
DIS	B	0.87%
FTV	B	0.85%
TDG	D	0.85%
STZ	D	0.79%
ETSY	D	0.65%
BIIB	F	0.64%
EL	F	0.26%

LGRO Underweight 2 Positions Relative to CRBN

	Symbol	Grade	Weight
	GOOG	C	-1.09%
	TSLA	B	-1.03%