MGMT vs. FITE ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to SPDR S&P Kensho Future Security ETF (FITE)

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

$43.13

Average Daily Volume

12,240

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FITE

SPDR S&P Kensho Future Security ETF

FITE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Future Security Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Future Security sector as determined by a classification standard produced by the index provider. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$66.86

Average Daily Volume

4,134

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGMT	FITE
30 Days	9.10%	3.11%
60 Days	9.61%	8.37%
90 Days	15.06%	9.22%
12 Months	23.18%	32.63%

0 Overlapping Holdings

	Symbol	Grade	Weight in MGMT	Weight in FITE	Overlap

MGMT Overweight 44 Positions Relative to FITE

Symbol	Grade	Weight
NRP	B	5.38%
AGM	B	3.65%
CVCO	A	3.49%
PHIN	A	3.41%
IGIC	B	3.36%
EXP	B	2.96%
CEIX	B	2.89%
TPB	A	2.75%
MTG	C	2.69%
AZZ	A	2.66%
CBNK	B	2.64%
BELFB	D	2.51%
CASS	B	2.36%
GEO	A	2.22%
LSTR	D	2.14%
IMXI	B	2.11%
PATK	C	2.03%
TDC	D	1.98%
BLCO	C	1.96%
LII	A	1.94%
ECVT	C	1.87%
G	B	1.58%
BCO	F	1.54%
EPR	D	1.53%
BWA	D	1.5%
RCMT	C	1.46%
KOS	D	1.38%
KN	B	1.28%
CMPO	B	1.25%
TRIP	F	1.23%
GSM	C	1.22%
IPGP	D	1.13%
EPSN	A	1.12%
IMKTA	C	1.06%
BIOX	F	1.05%
IRMD	B	1.03%
EXTR	C	1.02%
GPRE	F	0.97%
CRMT	F	0.96%
NTIC	C	0.9%
DOX	D	0.9%
TKR	F	0.89%
UFPT	C	0.89%
RMNI	C	0.41%

MGMT Underweight 60 Positions Relative to FITE

Symbol	Grade	Weight
RKLB	B	-5.8%
FTNT	B	-2.32%
S	C	-2.19%
FFIV	A	-2.1%
PSN	D	-2.08%
KTOS	C	-1.94%
LDOS	C	-1.92%
MOG.A	B	-1.88%
CSCO	B	-1.86%
PANW	A	-1.8%
OII	B	-1.8%
NET	B	-1.79%
VRNS	D	-1.79%
TDY	B	-1.76%
NOC	D	-1.75%
NTCT	C	-1.75%
LMT	D	-1.74%
HEI	A	-1.74%
LHX	B	-1.71%
ATEN	A	-1.68%
RTX	D	-1.67%
CYBR	A	-1.67%
AVGO	D	-1.66%
MIR	A	-1.66%
COHR	B	-1.64%
MRCY	C	-1.61%
ZS	C	-1.6%
CHKP	C	-1.6%
OSPN	A	-1.58%
OSIS	A	-1.57%
RDWR	B	-1.56%
DDOG	A	-1.55%
RPD	C	-1.55%
JNPR	D	-1.54%
QLYS	C	-1.54%
IRDM	F	-1.51%
ERJ	B	-1.49%
ZD	B	-1.49%
AKAM	F	-1.44%
AVAV	C	-1.44%
TENB	D	-1.44%
CACI	D	-1.43%
HXL	F	-1.36%
SANM	B	-1.31%
CRWD	B	-1.28%
OKTA	D	-1.26%
DCO	B	-1.22%
KBR	F	-1.22%
BRKR	F	-1.21%
GD	D	-1.2%
APH	B	-1.18%
TXT	D	-1.14%
BA	D	-1.1%
NABL	F	-1.09%
VREX	B	-1.01%
HII	F	-0.94%
MVIS	F	-0.84%
PL	B	-0.83%
VSAT	F	-0.8%
MASS	F	-0.12%