RULE vs. RSHO ETF Comparison

Comparison of Adaptive Core ETF (RULE) to Tema ETF Trust Tema American Reshoring ETF (RSHO)

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

$21.92

Average Daily Volume

5,397

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RSHO

Tema ETF Trust Tema American Reshoring ETF

RSHO 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, common and preferred stocks of publicly listed companies domiciled in the United States that are directly or indirectly economically tied to the rebuilding, bringing back of overseas economic activity, and revitalization of the American (i.e., United States) industrial base ("reshoring companies"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.92

Average Daily Volume

46,233

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RULE	RSHO
30 Days	1.20%	-2.74%
60 Days	1.95%	-2.65%
90 Days	-0.45%	-5.41%
12 Months	13.17%	20.14%

2 Overlapping Holdings

	Symbol	Grade	Weight in RULE	Weight in RSHO	Overlap
	ETN	C	2.97%	5.59%	2.97%
	IR	C	2.45%	4.62%	2.45%

RULE Overweight 33 Positions Relative to RSHO

Symbol	Grade	Weight
BIL	B	4.36%
JPST	B	4.34%
APH	B	3.76%
K	D	3.1%
GOOGL	A	3.07%
MCHP	C	3.06%
ANET	A	2.97%
HEI	B	2.96%
SPHQ	B	2.93%
XLG	A	2.92%
ISRG	A	2.88%
LLY	A	2.88%
PWR	D	2.86%
COF	D	2.83%
IWF	A	2.79%
ZTS	C	2.76%
CMG	D	2.75%
MSFT	A	2.75%
CDNS	B	2.72%
COST	A	2.71%
GE	D	2.7%
MSI	B	2.7%
CRWD	B	2.69%
NOW	A	2.69%
WAB	D	2.68%
TT	B	2.67%
FITB	D	2.65%
VRSK	A	2.64%
ZS	B	2.64%
BRO	B	2.62%
TMO	D	2.42%
NVDA	B	2.13%
ARES	C	1.94%

RULE Underweight 8 Positions Relative to RSHO

Symbol	Grade	Weight
AIT	C	-5.28%
LIN	C	-4.22%
PRIM	D	-4.15%
CRH	D	-4.13%
SPXC	B	-4.13%
VMC	D	-3.96%
CLH	B	-3.83%
FSS	D	-3.69%