QQH vs. ITAN ETF Comparison

Comparison of HCM Defender 100 Index ETF (QQH) to Sparkline Intangible Value ETF (ITAN)

QQH

HCM Defender 100 Index ETF

QQH Description

The investment seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 100 Index (the HCM 100 index). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 100 index. The HCM 100 index seeks to outperform the Solactive US Technology 100 Index, a proprietary methodology.

Grade (RS Rating)

Last Trade

$65.42

Average Daily Volume

21,371

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$32.05

Average Daily Volume

1,878

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

Performance

Period	QQH	ITAN
30 Days	4.28%	5.34%
60 Days	5.09%	7.33%
90 Days	8.37%	9.71%
12 Months	36.70%	31.35%

22 Overlapping Holdings

Symbol	Grade	Weight in QQH	Weight in ITAN	Overlap
ADSK	A	0.26%	0.64%	0.26%
AMZN	C	4.82%	4.72%	4.72%
BIIB	F	0.1%	0.4%	0.1%
CHTR	C	0.16%	0.71%	0.16%
CMCSA	B	0.77%	1.07%	0.77%
CSCO	B	1.03%	1.77%	1.03%
CTSH	B	0.16%	0.77%	0.16%
EA	A	0.17%	0.55%	0.17%
EBAY	D	0.14%	0.66%	0.14%
GILD	C	0.48%	0.9%	0.48%
GOOG	C	2.09%	2.11%	2.09%
GOOGL	C	2.1%	2.11%	2.1%
HON	B	0.62%	1.21%	0.62%
ILMN	D	0.1%	0.5%	0.1%
INTC	D	0.43%	1.25%	0.43%
META	D	4.91%	2.91%	2.91%
NXPI	D	0.23%	0.67%	0.23%
PANW	C	0.46%	0.89%	0.46%
PYPL	B	0.38%	1.09%	0.38%
QCOM	F	0.83%	1.53%	0.83%
TMUS	B	0.5%	1.43%	0.5%
WDAY	B	0.2%	0.67%	0.2%

QQH Overweight 72 Positions Relative to ITAN

Symbol	Grade	Weight
TQQQ	C	19.74%
AAPL	C	11.9%
MSFT	F	10.8%
NVDA	C	5.74%
TSLA	B	3.95%
AVGO	D	3.33%
COST	B	1.74%
NFLX	A	1.63%
ADBE	C	1.02%
AMD	F	0.99%
PEP	F	0.94%
LIN	D	0.93%
ISRG	A	0.78%
TXN	C	0.74%
AMAT	F	0.69%
INTU	C	0.69%
BKNG	A	0.69%
AMGN	D	0.64%
VRTX	F	0.49%
ADP	B	0.48%
SBUX	A	0.46%
MU	D	0.43%
ADI	D	0.43%
LRCX	F	0.36%
MELI	D	0.35%
MDLZ	F	0.35%
REGN	F	0.33%
CEG	D	0.32%
CDNS	B	0.32%
KLAC	D	0.32%
SNPS	B	0.31%
CTAS	B	0.3%
CRWD	B	0.3%
MRVL	B	0.3%
PDD	F	0.3%
MAR	B	0.29%
ORLY	B	0.28%
CSX	B	0.28%
TTD	B	0.27%
FTNT	C	0.26%
PCAR	B	0.23%
ROP	B	0.23%
ABNB	C	0.23%
AEP	D	0.21%
ROST	C	0.19%
BKR	B	0.19%
FAST	B	0.19%
PAYX	C	0.18%
CPRT	A	0.18%
XEL	A	0.17%
VRSK	A	0.17%
EXC	C	0.16%
ODFL	B	0.16%
TEAM	A	0.15%
IDXX	F	0.14%
LULU	C	0.14%
MCHP	D	0.14%
FANG	D	0.13%
GEHC	F	0.13%
KDP	D	0.12%
MNST	C	0.12%
DXCM	D	0.12%
ON	D	0.12%
DDOG	A	0.12%
CSGP	D	0.12%
ANSS	B	0.11%
KHC	F	0.1%
CCEP	C	0.06%
MRNA	F	0.05%
BNTX	D	0.04%
SMCI	F	0.03%
GFS	C	0.01%

QQH Underweight 129 Positions Relative to ITAN

Symbol	Grade	Weight
ORCL	B	-2.38%
CRM	B	-2.09%
IBM	C	-1.76%
T	A	-1.63%
ACN	C	-1.58%
WFC	A	-1.56%
VZ	C	-1.36%
PFE	D	-1.32%
DIS	B	-1.25%
RTX	C	-1.22%
MDT	D	-1.15%
DELL	C	-1.13%
COF	B	-1.08%
BMY	B	-1.04%
BA	F	-1.03%
GM	B	-0.97%
CVS	D	-0.96%
SQ	B	-0.94%
NOC	D	-0.88%
MMM	D	-0.88%
FDX	B	-0.86%
CMI	A	-0.85%
TGT	F	-0.83%
F	C	-0.81%
UAL	A	-0.76%
HPQ	B	-0.74%
ALL	A	-0.74%
DASH	A	-0.71%
LHX	C	-0.71%
BDX	F	-0.69%
JCI	C	-0.68%
NTAP	C	-0.64%
GD	F	-0.64%
HPE	B	-0.63%
DAL	C	-0.61%
GLW	B	-0.6%
EXPE	B	-0.59%
CVNA	B	-0.58%
HUM	C	-0.56%
CNC	D	-0.56%
WBD	C	-0.55%
WDC	D	-0.55%
PRU	A	-0.54%
CAH	B	-0.52%
DOCU	A	-0.52%
KR	B	-0.51%
VTRS	A	-0.51%
ZM	B	-0.51%
SNAP	C	-0.5%
ZS	C	-0.5%
TWLO	A	-0.49%
NTNX	A	-0.48%
LDOS	C	-0.47%
FFIV	B	-0.46%
DD	D	-0.45%
ROK	B	-0.45%
BBY	D	-0.45%
ZBRA	B	-0.45%
BAX	D	-0.45%
DGX	A	-0.44%
LH	C	-0.44%
TRMB	B	-0.43%
IQV	D	-0.43%
OKTA	C	-0.42%
ACM	A	-0.42%
J	F	-0.41%
PSTG	D	-0.4%
AAL	B	-0.4%
JNPR	F	-0.4%
BAH	F	-0.4%
CIEN	B	-0.39%
DVA	B	-0.38%
EXAS	D	-0.38%
TPR	B	-0.38%
LMT	D	-0.38%
JLL	D	-0.37%
ROKU	D	-0.37%
DBX	B	-0.37%
JBL	B	-0.37%
LYFT	C	-0.36%
IP	B	-0.36%
EMN	D	-0.35%
CACI	D	-0.35%
NWSA	B	-0.34%
AKAM	D	-0.33%
SWKS	F	-0.33%
TRU	D	-0.33%
LUMN	C	-0.32%
ALLY	C	-0.32%
ACI	C	-0.31%
JAZZ	B	-0.3%
TAP	C	-0.3%
ELAN	D	-0.29%
SWK	D	-0.29%
TXT	D	-0.29%
U	C	-0.29%
PARA	C	-0.28%
ANF	C	-0.28%
ETSY	D	-0.28%
G	B	-0.28%
W	F	-0.28%
WBA	F	-0.27%
MASI	A	-0.27%
WHR	B	-0.27%
BOX	B	-0.26%
HAS	D	-0.26%
FAF	A	-0.26%
BIO	D	-0.25%
ALK	C	-0.25%
MTCH	D	-0.24%
FLS	B	-0.24%
MAT	D	-0.24%
IVZ	B	-0.24%
GAP	C	-0.23%
RIVN	F	-0.23%
NOV	C	-0.23%
UAA	C	-0.23%
PATH	C	-0.23%
DOX	D	-0.23%
ARW	D	-0.23%
RHI	B	-0.22%
BWA	D	-0.22%
HRB	D	-0.21%
AGCO	D	-0.2%
HOG	D	-0.2%
QRVO	F	-0.2%
M	D	-0.16%
RUN	F	-0.14%
XRAY	F	-0.14%