MGMT vs. FFTY ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to Innovator IBD 50 Fund ETF (FFTY)

MGMT

Ballast Small/Mid Cap ETF

MGMT Description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$43.78

Average Daily Volume

12,246

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFTY

Innovator IBD 50 Fund ETF

FFTY Description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.

Grade (RS Rating)

Last Trade

$30.96

Average Daily Volume

79,149

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGMT	FFTY
30 Days	15.23%	14.45%
60 Days	14.37%	14.88%
90 Days	16.31%	17.01%
12 Months	27.93%	37.94%

0 Overlapping Holdings

	Symbol	Grade	Weight in MGMT	Weight in FFTY	Overlap

MGMT Overweight 44 Positions Relative to FFTY

Symbol	Grade	Weight
NRP	B	5.16%
CVCO	A	3.53%
AGM	C	3.51%
PHIN	A	3.42%
IGIC	B	3.26%
TPB	B	2.93%
CEIX	A	2.92%
EXP	A	2.89%
AZZ	B	2.75%
MTG	C	2.68%
CBNK	B	2.61%
BELFB	C	2.46%
GEO	B	2.34%
CASS	B	2.3%
IMXI	B	2.09%
LSTR	D	2.03%
PATK	D	2.01%
TDC	D	1.99%
LII	A	1.94%
BLCO	D	1.93%
ECVT	C	1.83%
G	B	1.55%
EPR	D	1.52%
BCO	D	1.5%
BWA	D	1.44%
RCMT	C	1.38%
CMPO	A	1.37%
GSM	D	1.34%
KOS	F	1.29%
KN	B	1.26%
TRIP	F	1.12%
EPSN	B	1.11%
IPGP	D	1.1%
BIOX	F	1.05%
IMKTA	C	1.01%
IRMD	C	0.98%
EXTR	B	0.97%
GPRE	F	0.94%
CRMT	C	0.94%
NTIC	C	0.92%
TKR	D	0.87%
DOX	D	0.87%
UFPT	B	0.85%
RMNI	C	0.35%

MGMT Underweight 50 Positions Relative to FFTY

Symbol	Grade	Weight
HIMS	B	-3.77%
POWL	C	-3.6%
NVDA	C	-3.59%
VRT	B	-3.58%
STRL	B	-3.57%
FIX	A	-3.52%
PLTR	B	-3.47%
ATAT	C	-3.46%
DOCS	C	-3.28%
ARM	D	-3.22%
CLS	B	-3.21%
YOU	D	-3.09%
NTRA	B	-3.05%
BWIN	D	-3.0%
ANET	C	-3.0%
EME	C	-2.99%
HROW	D	-2.95%
DUOL	A	-2.92%
BGNE	D	-2.79%
ADMA	B	-2.77%
IOT	A	-2.07%
MNDY	C	-2.05%
CWAN	B	-2.03%
RCL	A	-2.01%
FTAI	B	-2.01%
RYAN	B	-1.99%
LNTH	D	-1.99%
IBKR	A	-1.99%
AXON	A	-1.99%
ONON	A	-1.92%
AFRM	B	-1.12%
TT	A	-1.0%
MELI	D	-1.0%
VITL	D	-0.99%
TW	A	-0.99%
NOW	A	-0.99%
FOUR	B	-0.99%
TVTX	B	-0.98%
HWM	A	-0.97%
NFLX	A	-0.96%
PACS	F	-0.51%
KVYO	C	-0.51%
FTNT	C	-0.51%
ALNY	D	-0.51%
AGX	B	-0.5%
DY	D	-0.49%
DECK	A	-0.49%
AMSC	B	-0.49%
TOST	B	-0.48%
ZETA	D	-0.46%