RUNN vs. NBCT ETF Comparison

Comparison of Running Oak Efficient Growth ETF (RUNN) to Neuberger Berman Carbon Transition Infrastructure ETF (NBCT)

RUNN

Running Oak Efficient Growth ETF

RUNN Description

The fund is in an actively managed exchange-traded fund ("ETF"). Under normal circumstances, the fund seeks to achieve its investment objective by investing primarily in exchange-traded equity securities of large and mid-sized U.S. companies with market capitalizations of at least $5 billion. The fund is roughly equally-weighted with 50-75 stocks typically held in the portfolio. The fund may invest up to 20% of net assets in non-U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.18

Average Daily Volume

32,324

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBCT

Neuberger Berman Carbon Transition Infrastructure ETF

NBCT Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowing for investment purposes) in equity securities of carbon transition companies and infrastructure companies. It invests a significant portion of its assets in carbon transition companies, which the Managers consider to be those companies that have, or in the Portfolio Managers" view, are reasonably expected to have, at least 20% of their assets or revenue, committed to or derived from infrastructure that will facilitate global decarbonization and/or the reduction of other greenhouse gas emissions.

Grade (RS Rating)

Last Trade

$30.66

Average Daily Volume

13,227

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RUNN	NBCT
30 Days	-0.57%	-0.15%
60 Days	0.94%	4.26%
90 Days	6.28%	11.35%
12 Months	30.33%	42.98%

3 Overlapping Holdings

Symbol	Grade	Weight in RUNN	Weight in NBCT	Overlap
ETN	B	2.0%	4.95%	2.0%
J	D	1.89%	1.66%	1.66%
RSG	D	1.62%	1.89%	1.62%

RUNN Overweight 52 Positions Relative to NBCT

Symbol	Grade	Weight
EME	A	2.05%
SAIA	A	2.04%
LDOS	A	2.01%
NVT	D	2.0%
CACI	A	1.98%
CW	B	1.96%
GWW	A	1.96%
TXRH	A	1.96%
FI	A	1.95%
DECK	B	1.93%
APD	B	1.91%
IR	C	1.87%
ITT	C	1.85%
GOOG	A	1.85%
PH	A	1.82%
PRI	B	1.82%
ADP	A	1.81%
TDY	B	1.79%
FDS	B	1.78%
CSL	C	1.75%
WSO	D	1.75%
V	A	1.74%
RBA	A	1.73%
BSX	C	1.73%
DOX	B	1.72%
ICE	C	1.72%
SYK	A	1.7%
BRO	B	1.7%
DRI	C	1.7%
GD	C	1.7%
AME	A	1.7%
GGG	D	1.7%
BDX	C	1.69%
ACN	C	1.69%
BR	C	1.69%
NSC	B	1.68%
HON	B	1.68%
FELE	D	1.67%
TSCO	D	1.66%
TTC	F	1.66%
ROP	D	1.64%
SSNC	D	1.63%
AJG	D	1.62%
MMC	D	1.62%
TJX	D	1.61%
AVY	D	1.59%
UNH	C	1.58%
STE	D	1.56%
FCN	F	1.52%
CI	D	1.48%
IQV	F	1.46%
ICLR	F	1.23%

RUNN Underweight 26 Positions Relative to NBCT

Symbol	Grade	Weight
CEG	B	-6.04%
LIN	C	-5.38%
ABBV	A	-5.02%
NEE	D	-4.0%
PWR	B	-3.98%
HUBB	B	-3.89%
LNG	A	-3.49%
GEV	A	-3.49%
WMB	A	-3.46%
ITRI	A	-3.18%
FSLR	C	-3.05%
WCN	D	-2.58%
D	B	-2.17%
DTM	A	-1.85%
GNRC	A	-1.7%
SRE	C	-1.65%
CNP	C	-1.58%
ORA	B	-1.56%
SHW	D	-1.42%
FE	D	-1.35%
DUK	C	-1.2%
AY	A	-1.02%
EXC	C	-1.01%
NEP	F	-0.89%
GTLS	B	-0.87%
JCI	B	-0.86%