ROYA vs. FPAG ETF Comparison

Comparison of Tema Global Royalties ETF (ROYA) to FPA Global Equity ETF (FPAG)

ROYA

Tema Global Royalties ETF

ROYA Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in domestic and foreign, common and preferred stocks of publicly listed companies that earn, in normal circumstances, at least 80% of their revenue from royalty income, royalty-related income and intellectual property income. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.70

Average Daily Volume

125

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.73

Average Daily Volume

12,289

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ROYA	FPAG
30 Days	-2.09%	0.93%
60 Days	1.21%	5.55%
90 Days	1.41%	2.92%
12 Months		31.66%

0 Overlapping Holdings

	Symbol	Grade	Weight in ROYA	Weight in FPAG	Overlap

ROYA Overweight 5 Positions Relative to FPAG

Symbol	Grade	Weight
IDCC	A	6.64%
TPL	B	5.78%
QCOM	D	5.07%
RPRX	B	4.8%
MCD	A	4.77%

ROYA Underweight 25 Positions Relative to FPAG

Symbol	Grade	Weight
GOOGL	C	-6.38%
META	A	-5.35%
ADI	C	-5.13%
C	B	-4.88%
CMCSA	B	-4.78%
TEL	D	-4.58%
GOOG	C	-4.17%
IFF	C	-3.84%
WFC	D	-3.66%
AMZN	C	-3.39%
AON	A	-2.69%
AVGO	C	-2.26%
NXPI	F	-2.21%
KMX	D	-1.85%
CHTR	D	-1.75%
KMI	A	-1.72%
MAR	B	-1.69%
FE	A	-1.49%
HWM	A	-1.29%
ICLR	F	-1.26%
WAB	A	-1.23%
UBER	C	-1.16%
NFLX	C	-0.66%
BABA	A	-0.29%
PCG	B	-0.21%

ROYA: Top Represented Industries & Keywords

Industries: Biotechnology Real Estate - General Restaurants Semiconductors Telecom Services