ROE vs. SEMI ETF Comparison

Comparison of Astoria US Quality Kings ETF (ROE) to Columbia Seligman Semiconductor and Technology ETF (SEMI)

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

$32.00

Average Daily Volume

13,710

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SEMI

Columbia Seligman Semiconductor and Technology ETF

SEMI Description

SEMI is designed to provide exposure to the broad information technology sector by focusing on pure-play companies related to the semiconductor industry. The fund actively and generally invests in 30-50 high-conviction semiconductor or semiconductor-related firms, as defined by GICS, including those under communication equipment, electronic equipment, technology hardware, storage and peripherals, and software. Additionally, the fund requires at least 25% of its assets be invested in companies in the semiconductor and semiconductor equipment industry. Security selection is done through extensive in-depth research. SEMI is a non-transparent ETF and does not provide daily disclosure of its portfolio holdings unlike other ETFs. As such, there is a risk that shares of the fund may trade at wider spreads, especially during periods of volatility. The fund instead publishes a trading basket daily, which provides a preview of selected holdings without disclosing the actual portfolio.

Grade (RS Rating)

Last Trade

$25.17

Average Daily Volume

2,970

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ROE	SEMI
30 Days	4.88%	-4.02%
60 Days	4.08%	-5.39%
90 Days	5.77%	-2.70%
12 Months	32.55%	23.98%

12 Overlapping Holdings

Symbol	Grade	Weight in ROE	Weight in SEMI	Overlap
AMAT	F	0.85%	4.09%	0.85%
KLAC	F	0.79%	3.84%	0.79%
LRCX	F	0.83%	6.17%	0.83%
MCHP	F	0.83%	2.77%	0.83%
MPWR	F	0.64%	3.3%	0.64%
NVDA	C	1.14%	20.04%	1.14%
NXPI	D	0.92%	3.7%	0.92%
ON	C	0.93%	2.18%	0.93%
QCOM	F	0.96%	3.23%	0.96%
SWKS	F	0.83%	0.21%	0.21%
TER	F	0.78%	1.87%	0.78%
TXN	D	0.99%	1.01%	0.99%

ROE Overweight 87 Positions Relative to SEMI

Symbol	Grade	Weight
APP	B	2.26%
APO	A	1.28%
VST	B	1.27%
SYF	A	1.27%
MCK	C	1.25%
LYV	A	1.21%
AMP	B	1.2%
CHTR	C	1.17%
NFLX	B	1.16%
TMUS	A	1.15%
EME	B	1.14%
ETR	B	1.13%
V	A	1.11%
GWW	A	1.11%
PANW	C	1.1%
ORCL	C	1.1%
MSI	C	1.08%
MO	A	1.08%
RPM	A	1.08%
TRV	B	1.08%
PM	B	1.07%
TROW	A	1.07%
CSCO	A	1.07%
CAH	B	1.06%
GEN	A	1.06%
SPG	C	1.05%
WRB	A	1.05%
EOG	C	1.05%
GOOGL	C	1.05%
COR	C	1.05%
APH	B	1.04%
ALL	B	1.03%
URI	B	1.03%
NRG	C	1.03%
DPZ	C	1.02%
HD	A	1.02%
ACN	B	1.02%
CMCSA	C	1.02%
DOV	A	1.02%
ITW	A	1.02%
AFL	B	1.01%
JBL	C	1.01%
LOW	C	1.01%
TJX	A	1.0%
VLO	C	1.0%
PGR	A	0.99%
CTSH	B	0.99%
HIG	B	0.99%
YUM	B	0.98%
CSL	B	0.98%
TGT	F	0.98%
AAPL	B	0.98%
CAT	B	0.98%
SYY	C	0.98%
META	D	0.97%
CB	D	0.97%
NTAP	C	0.96%
MSFT	D	0.95%
KMB	C	0.95%
RMD	C	0.95%
EG	C	0.95%
JNJ	D	0.94%
VICI	C	0.94%
OMC	C	0.94%
ANET	C	0.94%
IBM	C	0.93%
ADBE	C	0.93%
VZ	B	0.93%
EBAY	C	0.92%
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	C	0.88%
WSM	B	0.86%
A	D	0.86%
ABBV	D	0.84%
DHI	D	0.82%
MRK	F	0.82%
LLY	F	0.78%
CDW	F	0.78%
FSLR	F	0.77%
CE	F	0.54%

ROE Underweight 16 Positions Relative to SEMI

Symbol	Grade	Weight
AVGO	D	-15.31%
TSM	C	-4.9%
ADI	D	-4.54%
ASML	F	-3.73%
MRVL	B	-3.19%
AMD	F	-2.85%
MU	D	-2.57%
SNPS	B	-1.87%
ARM	D	-1.73%
CDNS	B	-1.47%
INTC	C	-0.49%
GFS	C	-0.4%
QRVO	F	-0.32%
WDC	C	-0.31%
SLAB	D	-0.25%
MKSI	C	-0.22%