ROE vs. ANEW ETF Comparison

Comparison of Astoria US Quality Kings ETF (ROE) to ProShares MSCI Transformational Changes ETF (ANEW)

ROE

Astoria US Quality Kings ETF

ROE Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in common stock principally traded in the U.S. The fund seeks to invest in companies that exhibit robust quality characteristics across sectors, with attractive valuations and dividend paying potential, as determined by the fund"s sub-adviser.

Grade (RS Rating)

Last Trade

$31.78

Average Daily Volume

13,670

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ANEW

ProShares MSCI Transformational Changes ETF

ANEW Description

The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the index). The fund seeks to invest substantially all of its assets in the securities included in the index. The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect (Transformational Changes) - changes accelerated by COVID-19.

Grade (RS Rating)

Last Trade

$46.14

Average Daily Volume

355

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	ROE	ANEW
30 Days	3.50%	2.32%
60 Days	4.18%	4.03%
90 Days	4.70%	5.72%
12 Months	32.06%	28.14%

21 Overlapping Holdings

Symbol	Grade	Weight in ROE	Weight in ANEW	Overlap
AAPL	C	0.98%	2.23%	0.98%
ABBV	D	0.84%	1.94%	0.84%
ADBE	C	0.93%	2.05%	0.93%
AMAT	F	0.85%	0.85%	0.85%
CSCO	B	1.07%	0.64%	0.64%
EBAY	D	0.92%	0.63%	0.63%
GEN	B	1.06%	0.21%	0.21%
GOOGL	C	1.05%	1.66%	1.05%
META	D	0.97%	2.32%	0.97%
MRK	F	0.82%	1.4%	0.82%
MSFT	F	0.95%	1.86%	0.95%
NFLX	A	1.16%	2.39%	1.16%
NTAP	C	0.96%	0.19%	0.19%
NVDA	C	1.14%	2.89%	1.14%
NXPI	D	0.92%	0.15%	0.15%
OMC	C	0.94%	0.59%	0.59%
ORCL	B	1.1%	0.61%	0.61%
PANW	C	1.1%	0.27%	0.27%
QCOM	F	0.96%	0.56%	0.56%
RMD	C	0.95%	0.58%	0.58%
V	A	1.11%	1.04%	1.04%

ROE Overweight 78 Positions Relative to ANEW

Symbol	Grade	Weight
APP	B	2.26%
APO	B	1.28%
VST	B	1.27%
SYF	B	1.27%
MCK	B	1.25%
LYV	A	1.21%
AMP	A	1.2%
CHTR	C	1.17%
TMUS	B	1.15%
EME	C	1.14%
ETR	B	1.13%
GWW	B	1.11%
MSI	B	1.08%
MO	A	1.08%
RPM	A	1.08%
TRV	B	1.08%
PM	B	1.07%
TROW	B	1.07%
CAH	B	1.06%
SPG	B	1.05%
WRB	A	1.05%
EOG	A	1.05%
COR	B	1.05%
APH	A	1.04%
ALL	A	1.03%
URI	B	1.03%
NRG	B	1.03%
DPZ	C	1.02%
HD	A	1.02%
ACN	C	1.02%
CMCSA	B	1.02%
DOV	A	1.02%
ITW	B	1.02%
AFL	B	1.01%
JBL	B	1.01%
LOW	D	1.01%
TJX	A	1.0%
VLO	C	1.0%
PGR	A	0.99%
TXN	C	0.99%
CTSH	B	0.99%
HIG	B	0.99%
YUM	B	0.98%
CSL	C	0.98%
TGT	F	0.98%
CAT	B	0.98%
SYY	B	0.98%
CB	C	0.97%
KMB	D	0.95%
EG	C	0.95%
JNJ	D	0.94%
VICI	C	0.94%
ANET	C	0.94%
IBM	C	0.93%
ON	D	0.93%
VZ	C	0.93%
DVN	F	0.92%
SBAC	D	0.91%
THC	D	0.91%
ROST	C	0.91%
CL	D	0.9%
LMT	D	0.9%
ZTS	D	0.89%
GEHC	F	0.88%
PHM	D	0.88%
WSM	B	0.86%
A	D	0.86%
LRCX	F	0.83%
MCHP	D	0.83%
SWKS	F	0.83%
DHI	D	0.82%
KLAC	D	0.79%
LLY	F	0.78%
CDW	F	0.78%
TER	D	0.78%
FSLR	F	0.77%
MPWR	F	0.64%
CE	F	0.54%

ROE Underweight 103 Positions Relative to ANEW

Symbol	Grade	Weight
DASH	A	-2.89%
ISRG	A	-2.49%
BKNG	A	-2.37%
BSX	B	-2.17%
AMZN	C	-2.16%
ABT	B	-2.1%
BABA	D	-1.93%
DE	A	-1.92%
MKC	D	-1.89%
CTVA	C	-1.89%
IFF	D	-1.71%
DHR	F	-1.69%
AVGO	D	-1.6%
SFM	A	-1.21%
BDX	F	-1.11%
FMC	D	-0.94%
MA	C	-0.93%
CNH	C	-0.92%
AGCO	D	-0.79%
SE	B	-0.75%
EA	A	-0.68%
EW	C	-0.67%
TTWO	A	-0.64%
TCOM	B	-0.58%
ZD	C	-0.55%
ANSS	B	-0.55%
DKNG	B	-0.5%
DXCM	D	-0.49%
SMPL	B	-0.48%
WST	C	-0.42%
NEOG	F	-0.41%
SMG	D	-0.4%
PINS	D	-0.38%
SXT	B	-0.38%
ILMN	D	-0.38%
SNAP	C	-0.37%
DOCS	C	-0.36%
MSTR	C	-0.36%
CRM	B	-0.34%
AMD	F	-0.34%
DGX	A	-0.3%
NTRA	B	-0.29%
CVLT	B	-0.28%
HOOD	B	-0.27%
QTWO	A	-0.27%
NOW	A	-0.26%
FFIV	B	-0.25%
GH	B	-0.25%
PYPL	B	-0.24%
DOCU	A	-0.24%
SMAR	A	-0.24%
GMED	A	-0.24%
PRCT	B	-0.24%
RARE	D	-0.23%
BOX	B	-0.23%
CCOI	B	-0.23%
CYBR	B	-0.22%
MRNA	F	-0.22%
NET	B	-0.22%
COIN	C	-0.22%
INSP	D	-0.22%
BL	B	-0.21%
SMTC	B	-0.21%
KTOS	B	-0.21%
DBX	B	-0.21%
CHKP	D	-0.21%
PCTY	B	-0.21%
VRNS	D	-0.21%
HPE	B	-0.21%
JNPR	F	-0.2%
DT	C	-0.2%
RIOT	C	-0.2%
NOVT	D	-0.2%
EQIX	A	-0.2%
ALTR	B	-0.2%
WDAY	B	-0.19%
BLKB	B	-0.19%
TECH	D	-0.19%
CRWD	B	-0.18%
ENOV	C	-0.18%
HSIC	B	-0.18%
AI	B	-0.18%
PCOR	B	-0.18%
QGEN	D	-0.18%
AKAM	D	-0.17%
CRSP	D	-0.17%
IRDM	D	-0.17%
TENB	C	-0.17%
NTNX	A	-0.17%
TWST	D	-0.17%
MARA	C	-0.17%
EEFT	B	-0.16%
MEDP	D	-0.16%
SLAB	D	-0.15%
SYNA	C	-0.15%
CGNX	C	-0.15%
OKTA	C	-0.14%
CLSK	C	-0.14%
IDYA	F	-0.14%
TMDX	F	-0.13%
FIVN	C	-0.13%
ACHC	F	-0.12%
TNDM	F	-0.11%