RULE vs. QQMG ETF Comparison

Comparison of Adaptive Core ETF (RULE) to Invesco ESG NASDAQ 100 ETF (QQMG)

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

$23.27

Average Daily Volume

5,927

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQMG

Invesco ESG NASDAQ 100 ETF

QQMG Description

Invesco ESG NASDAQ 100 ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. It invests in the public equity markets across the globe. The fund invests in the stocks of companies operating across communication services, consumer discretionary, consumer staples, energy, health care, industrials, information technology, materials, real estate, utilities sectors. It invests in growth and value stocks of large cap companies. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It replicates the performance of the Nasdaq-100 ESG Index, by using full replication technique. The fund does not invest in companies related to arctic oil and gas exploration, cannabis development or cultivation, controversial weapons, military weapon manufacturing, oil sands extraction, riot protection equipment and riot control weapon manufacturing, shale energy exploration or production, assault weapons and small arms manufacturing and tobacco product manufacturing. It employs external research to create its portfolio. Invesco ESG NASDAQ 100 ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$34.59

Average Daily Volume

13,723

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RULE	QQMG
30 Days	4.17%	1.52%
60 Days	5.40%	5.11%
90 Days	5.82%	4.76%
12 Months	21.04%	30.95%

7 Overlapping Holdings

Symbol	Grade	Weight in RULE	Weight in QQMG	Overlap
ADBE	C	1.94%	1.86%	1.86%
CTAS	B	2.84%	0.64%	0.64%
FTNT	C	2.67%	0.54%	0.54%
INTU	B	2.95%	1.41%	1.41%
NFLX	A	2.78%	2.88%	2.78%
PAYX	B	2.18%	0.38%	0.38%
PCAR	B	3.04%	0.29%	0.29%

RULE Overweight 28 Positions Relative to QQMG

Symbol	Grade	Weight
BIL	A	4.27%
JPST	A	4.26%
CRM	B	3.6%
APO	B	3.39%
WMB	A	3.07%
EQIX	A	3.05%
XLG	B	3.04%
AON	A	3.04%
SPHQ	A	3.03%
CAH	B	3.0%
VST	A	2.96%
V	A	2.95%
IWF	B	2.91%
FI	A	2.91%
BK	A	2.88%
PH	A	2.87%
GWW	B	2.82%
UBER	F	2.8%
PGR	A	2.72%
HD	B	2.7%
RMD	C	2.65%
FCNCA	A	2.59%
URI	C	2.57%
GPN	B	2.51%
IRM	C	2.47%
VRT	B	2.41%
IBM	C	2.35%
ARES	A	1.81%

RULE Underweight 85 Positions Relative to QQMG

Symbol	Grade	Weight
NVDA	B	-11.5%
AAPL	C	-10.05%
MSFT	D	-9.95%
AVGO	D	-5.22%
TSLA	B	-3.12%
AMZN	C	-2.82%
LIN	C	-2.05%
CSCO	B	-2.02%
GOOGL	C	-1.95%
AMD	F	-1.91%
GOOG	C	-1.87%
COST	A	-1.81%
META	D	-1.75%
QCOM	F	-1.57%
PEP	F	-1.34%
TMUS	B	-1.33%
AMAT	F	-1.29%
ISRG	A	-1.25%
BKNG	A	-1.24%
TXN	C	-1.1%
PANW	B	-1.08%
ADP	A	-0.97%
CMCSA	B	-0.93%
INTC	C	-0.85%
AMGN	F	-0.84%
LRCX	F	-0.82%
VRTX	D	-0.8%
MU	D	-0.75%
CDNS	B	-0.75%
SNPS	B	-0.68%
PYPL	B	-0.66%
GILD	C	-0.65%
SBUX	A	-0.65%
KLAC	F	-0.64%
ORLY	B	-0.64%
ASML	F	-0.63%
REGN	F	-0.62%
MRVL	B	-0.61%
CRWD	B	-0.57%
MELI	C	-0.55%
ADSK	A	-0.52%
MDLZ	F	-0.51%
MAR	A	-0.5%
CPRT	B	-0.43%
CSX	C	-0.41%
WDAY	B	-0.4%
DASH	B	-0.39%
ROP	B	-0.39%
NXPI	D	-0.38%
EA	A	-0.37%
ROST	D	-0.35%
ODFL	C	-0.35%
VRSK	A	-0.31%
CCEP	C	-0.3%
TTD	B	-0.3%
LULU	C	-0.3%
DDOG	A	-0.3%
ABNB	C	-0.3%
CTSH	B	-0.3%
CHTR	C	-0.29%
TEAM	A	-0.28%
PDD	F	-0.28%
EXC	C	-0.27%
IDXX	F	-0.26%
TTWO	A	-0.25%
CDW	F	-0.25%
ANSS	B	-0.24%
FAST	B	-0.23%
AZN	F	-0.23%
ZS	B	-0.23%
KDP	F	-0.22%
ON	D	-0.18%
GFS	C	-0.18%
DXCM	C	-0.18%
CSGP	D	-0.18%
WBD	B	-0.16%
MDB	B	-0.15%
ILMN	C	-0.14%
BIIB	F	-0.14%
MCHP	F	-0.12%
MNST	C	-0.12%
GEHC	D	-0.12%
KHC	F	-0.1%
MRNA	F	-0.1%
SMCI	F	-0.08%