NOBL vs. CBLS ETF Comparison

Comparison of ProShares S&P 500 Aristocrats ETF (NOBL) to Changebridge Capital Long/Short Equity ETF (CBLS)
NOBL

ProShares S&P 500 Aristocrats ETF

NOBL Description

The investment seeks investment results before fees and expenses that track the performance of the S&P 500® Dividend Aristocrats® Index (the "index"). The fund will invest at least 80% of its total assets in component securities (i.e., securities of the index and comparable securities that have economic characteristics that are substantially identical to the economic characteristics of the securities of the index). The index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the index weight.

Grade (RS Rating)

Last Trade

$107.77

Average Daily Volume

423,177

Number of Holdings *

65

* may have additional holdings in another (foreign) market
CBLS

Changebridge Capital Long/Short Equity ETF

CBLS Description The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.78

Average Daily Volume

2,122

Number of Holdings *

68

* may have additional holdings in another (foreign) market
Performance
Period NOBL CBLS
30 Days 1.07% 4.21%
60 Days 1.14% 5.17%
90 Days 3.79% 4.99%
12 Months 20.86% 35.40%
6 Overlapping Holdings
Symbol Grade Weight in NOBL Weight in CBLS Overlap
ECL D 1.46% 2.24% 1.46%
GD F 1.44% 1.69% 1.44%
JNJ D 1.43% -1.1% -1.1%
NEE D 1.4% 2.14% 1.4%
PEP F 1.39% -0.48% -0.48%
WMT A 1.54% 2.03% 1.54%
NOBL Overweight 59 Positions Relative to CBLS
Symbol Grade Weight
EMR A 1.81%
GPC D 1.67%
CINF A 1.67%
ALB C 1.66%
DOV A 1.65%
BEN C 1.64%
FAST B 1.64%
GWW B 1.64%
CHD B 1.63%
PNR A 1.62%
CVX A 1.62%
CAH B 1.62%
TROW B 1.61%
CLX B 1.61%
ITW B 1.6%
NUE C 1.58%
TGT F 1.58%
BRO B 1.58%
KVUE A 1.57%
CTAS B 1.57%
SHW A 1.57%
ADP B 1.56%
ATO A 1.56%
CHRW C 1.56%
SPGI C 1.55%
ROP B 1.54%
APD A 1.54%
NDSN B 1.54%
SYY B 1.54%
XOM B 1.53%
EXPD D 1.53%
PG A 1.53%
ABT B 1.53%
AFL B 1.52%
LOW D 1.52%
ESS B 1.52%
KMB D 1.51%
CAT B 1.51%
FRT B 1.5%
CB C 1.49%
PPG F 1.47%
MDT D 1.46%
MCD D 1.46%
IBM C 1.45%
MKC D 1.44%
CL D 1.44%
SJM D 1.43%
LIN D 1.43%
HRL D 1.43%
BDX F 1.42%
WST C 1.41%
AOS F 1.41%
ADM D 1.41%
AMCR D 1.39%
KO D 1.39%
ED D 1.37%
O D 1.36%
ABBV D 1.33%
SWK D 1.28%
NOBL Underweight 62 Positions Relative to CBLS
Symbol Grade Weight
LNG B -3.43%
NVDA C -3.08%
GOOG C -3.02%
AAPL C -2.97%
DELL C -2.93%
GTLS B -2.77%
SKY A -2.73%
BWXT B -2.7%
COST B -2.62%
STRL B -2.61%
SCHW B -2.56%
CCL B -2.54%
EME C -2.53%
VST B -2.46%
OSW A -2.41%
MC C -2.37%
IBN C -2.36%
WTTR B -2.33%
D C -2.27%
NARI C -2.26%
RDDT B -2.26%
SO D -2.24%
ROL B -2.23%
AER B -2.22%
ORCL B -2.06%
BLBD D -2.06%
ETR B -1.96%
AMZN C -1.96%
INTC D -1.93%
SCI B -1.93%
ERJ B -1.85%
TDG D -1.79%
RTX C -1.72%
ON D -1.53%
MGNI A -1.31%
DOOO F --0.44%
KLG C --0.48%
KDP D --0.48%
HRB D --0.5%
GIS D --0.5%
INTU C --0.51%
POST C --0.51%
ENR B --0.67%
GIII D --0.89%
R B --0.91%
TTC D --0.92%
PFE D --1.0%
CAG D --1.01%
NVO D --1.01%
SIG B --1.04%
GOGO C --1.1%
NVAX F --1.13%
ROK B --1.13%
MIDD C --1.15%
AME A --1.18%
F C --1.36%
DE A --1.48%
SNOW C --1.49%
DUOL A --1.56%
HSY F --1.69%
HELE C --1.72%
LLY F --1.79%
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