PCGG vs. RULE ETF Comparison

Comparison of Polen Capital Global Growth ETF (PCGG) to Adaptive Core ETF (RULE)

PCGG

Polen Capital Global Growth ETF

PCGG Description

The fund is a non-diversified, actively-managed exchange-traded fund ("ETF") that seeks to achieve its objective by investing in a focused portfolio of approximately 25 to 40 common stocks of large capitalization companies that are located anywhere in the world, including companies in both developed and emerging markets, and, in the opinion of the sub-advisor to the fund, have a sustainable competitive advantage. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$11.71

Average Daily Volume

48,777

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RULE

Adaptive Core ETF

RULE Description

Adaptive Core ETF seeks current income. The fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs. The fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality).

Grade (RS Rating)

Last Trade

$22.61

Average Daily Volume

6,252

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PCGG	RULE
30 Days	1.43%	1.47%
60 Days	2.49%	3.24%
90 Days	4.23%	4.06%
12 Months	17.17%	20.66%

3 Overlapping Holdings

Symbol	Grade	Weight in PCGG	Weight in RULE	Overlap
ADBE	F	4.24%	1.95%	1.95%
AON	A	4.03%	3.05%	3.05%
NOW	B	2.27%	3.52%	2.27%

PCGG Overweight 18 Positions Relative to RULE

Symbol	Grade	Weight
AMZN	B	9.22%
GOOG	B	7.72%
MSFT	D	5.96%
MA	A	4.62%
ABT	B	4.56%
V	A	4.19%
WDAY	B	4.12%
MSCI	A	4.1%
SHOP	A	3.88%
ICLR	F	3.35%
PAYC	B	3.06%
TMO	D	2.85%
ACN	C	2.73%
GLOB	C	2.42%
ZTS	D	2.14%
ABNB	C	1.62%
ORCL	A	1.53%
ADP	B	1.47%

PCGG Underweight 33 Positions Relative to RULE

Symbol	Grade	Weight
BIL	A	-4.29%
JPST	A	-4.27%
CRM	A	-3.48%
ISRG	A	-3.34%
APO	A	-3.31%
XLG	B	-3.11%
SPHQ	B	-3.09%
PCAR	B	-3.07%
EQIX	B	-3.06%
IWF	B	-2.98%
UBER	C	-2.97%
CAH	B	-2.96%
WMB	A	-2.95%
INTU	A	-2.94%
SPGI	C	-2.87%
BK	A	-2.86%
CPAY	A	-2.84%
MPWR	F	-2.76%
RMD	C	-2.76%
PGR	B	-2.72%
URI	B	-2.68%
HD	A	-2.64%
NFLX	A	-2.62%
IRM	D	-2.51%
FTNT	A	-2.44%
WMT	A	-2.44%
GPN	B	-2.43%
IBM	D	-2.42%
VRT	A	-2.41%
PAYX	B	-2.26%
REGN	F	-2.15%
ARES	B	-1.83%
FCNCA	A	-0.01%