RVRB vs. HCMT ETF Comparison

Comparison of Reverb ETF (RVRB) to Direxion HCM Tactical Enhanced US ETF (HCMT)

RVRB

Reverb ETF

RVRB Description

The fund will invest in equity securities of companies that are publicly listed on one or more major U.S. national securities exchanges and which are among the largest approximately 500 domestic equity companies as determined by the Adviser on the basis of their free float market capitalization (the "Investable Universe"). In managing the fund, the Adviser employs a market "sentiment" based investment strategy, determined in accordance with its own proprietary web-based algorithm (the "Reverberate App" or the "App"), to adjust the weightings of positions in the fund"s portfolio.

Grade (RS Rating)

Last Trade

$31.20

Average Daily Volume

194

Number of Holdings ^*

509

* may have additional holdings in another (foreign) market

HCMT

Direxion HCM Tactical Enhanced US ETF

HCMT Description

The fund is actively managed and seeks to provide enhanced returns across multiple market cycles that are broadly correlated to the U.S. equity markets. The fund will invest in, to have exposure to, U.S. equity securities in order to achieve capital appreciation, or will invest in cash or cash equivalents in order to attempt to preserve capital during market downturns. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.33

Average Daily Volume

52,287

Number of Holdings ^*

498

* may have additional holdings in another (foreign) market

Performance

Period	RVRB	HCMT
30 Days	2.73%	4.87%
60 Days	6.25%	11.33%
90 Days	8.04%	11.83%
12 Months	32.34%	56.73%

422 Overlapping Holdings

	Symbol	Grade	Weight in RVRB	Weight in HCMT	Overlap
	A	F	0.07%	0.06%	0.06%
	AAPL	C	5.61%	5.14%	5.14%
	ABBV	F	0.62%	0.54%	0.54%
	ABNB	C	0.16%	0.09%	0.09%
	ABT	C	0.35%	0.31%	0.31%
	ACN	B	0.39%	0.34%	0.34%
	ADBE	C	0.38%	0.34%	0.34%
	ADI	D	0.2%	0.17%	0.17%
	ADM	F	0.04%	0.04%	0.04%
	ADP	A	0.21%	0.19%	0.19%
	ADSK	B	0.12%	0.1%	0.1%
	AEE	B	0.04%	0.04%	0.04%
	AEP	D	0.09%	0.08%	0.08%
	AES	F	0.01%	0.02%	0.01%
	AFL	C	0.11%	0.08%	0.08%
	AIG	B	0.09%	0.08%	0.08%
	AJG	A	0.11%	0.1%	0.1%
	AKAM	F	0.01%	0.02%	0.01%
	ALB	C	0.01%	0.02%	0.01%
	ALGN	D	0.03%	0.02%	0.02%
	ALL	B	0.09%	0.08%	0.08%
	AMAT	F	0.29%	0.24%	0.24%
	AMCR	D	0.02%	0.02%	0.02%
	AMD	F	0.42%	0.36%	0.36%
	AME	A	0.08%	0.07%	0.07%
	AMGN	F	0.31%	0.26%	0.26%
	AMP	A	0.1%	0.08%	0.08%
	AMT	F	0.16%	0.14%	0.14%
	AMZN	A	4.36%	2.94%	2.94%
	ANET	C	0.25%	0.17%	0.17%
	ANSS	B	0.05%	0.04%	0.04%
	AON	B	0.15%	0.13%	0.13%
	APD	B	0.12%	0.1%	0.1%
	APH	B	0.16%	0.13%	0.13%
	APTV	F	0.02%	0.02%	0.02%
	ARE	F	0.04%	0.03%	0.03%
	ATO	B	0.04%	0.03%	0.03%
	AVB	B	0.06%	0.05%	0.05%
	AVGO	C	1.42%	1.27%	1.27%
	AVY	F	0.03%	0.02%	0.02%
	AWK	D	0.04%	0.04%	0.04%
	AXON	B	0.03%	0.05%	0.03%
	AXP	B	0.37%	0.25%	0.25%
	BA	F	0.15%	0.16%	0.15%
	BAC	A	0.58%	0.47%	0.47%
	BALL	D	0.03%	0.03%	0.03%
	BAX	F	0.03%	0.03%	0.03%
	BBY	C	0.03%	0.03%	0.03%
	BDX	F	0.12%	0.11%	0.11%
	BG	D	0.01%	0.02%	0.01%
	BIIB	F	0.04%	0.04%	0.04%
	BK	B	0.1%	0.09%	0.09%
	BKNG	A	0.31%	0.25%	0.25%
	BKR	B	0.08%	0.06%	0.06%
	BLDR	C	0.03%	0.03%	0.03%
	BMY	B	0.19%	0.17%	0.17%
	BR	A	0.04%	0.04%	0.04%
	BRK.A	B	1.62%	1.3%	1.3%
	BRO	B	0.06%	0.04%	0.04%
	BSX	A	0.23%	0.19%	0.19%
	BX	A	0.23%	0.19%	0.19%
	C	B	0.23%	0.2%	0.2%
	CAG	F	0.01%	0.02%	0.01%
	CAH	B	0.05%	0.04%	0.04%
	CARR	C	0.12%	0.1%	0.1%
	CAT	B	0.37%	0.31%	0.31%
	CB	C	0.2%	0.16%	0.16%
	CBRE	B	0.07%	0.06%	0.06%
	CCI	F	0.08%	0.07%	0.07%
	CCL	B	0.05%	0.04%	0.04%
	CDNS	B	0.15%	0.12%	0.12%
	CDW	F	0.05%	0.04%	0.04%
	CE	F	0.01%	0.02%	0.01%
	CEG	D	0.14%	0.11%	0.11%
	CF	B	0.02%	0.02%	0.02%
	CFG	B	0.04%	0.03%	0.03%
	CHD	A	0.05%	0.04%	0.04%
	CHTR	B	0.1%	0.06%	0.06%
	CI	D	0.16%	0.13%	0.13%
	CINF	A	0.04%	0.04%	0.04%
	CL	F	0.13%	0.11%	0.11%
	CLX	A	0.03%	0.03%	0.03%
	CMCSA	B	0.3%	0.26%	0.26%
	CMG	B	0.16%	0.12%	0.12%
	CMI	A	0.09%	0.07%	0.07%
	CMS	D	0.03%	0.03%	0.03%
	CNC	F	0.06%	0.05%	0.05%
	CNP	B	0.03%	0.03%	0.03%
	COF	B	0.12%	0.11%	0.11%
	COP	C	0.23%	0.2%	0.2%
	COR	B	0.08%	0.07%	0.07%
	COST	B	0.76%	0.61%	0.61%
	CPAY	A	0.04%	0.04%	0.04%
	CPB	F	0.01%	0.01%	0.01%
	CPRT	A	0.1%	0.07%	0.07%
	CRM	B	0.52%	0.45%	0.45%
	CRWD	B	0.15%	0.11%	0.11%
	CSCO	A	0.41%	0.35%	0.35%
	CSGP	F	0.05%	0.05%	0.05%
	CSX	B	0.12%	0.11%	0.11%
	CTAS	B	0.17%	0.11%	0.11%
	CTRA	B	0.03%	0.03%	0.03%
	CTSH	A	0.07%	0.06%	0.06%
	CTVA	C	0.07%	0.06%	0.06%
	CVS	F	0.12%	0.12%	0.12%
	CVX	A	0.5%	0.41%	0.41%
	D	D	0.08%	0.07%	0.07%
	DAL	A	0.07%	0.06%	0.06%
	DD	D	0.07%	0.05%	0.05%
	DE	D	0.21%	0.16%	0.16%
	DELL	C	0.17%	0.06%	0.06%
	DFS	B	0.08%	0.07%	0.07%
	DG	F	0.03%	0.03%	0.03%
	DGX	B	0.03%	0.03%	0.03%
	DHI	D	0.1%	0.07%	0.07%
	DHR	F	0.31%	0.24%	0.24%
	DIS	B	0.31%	0.27%	0.27%
	DLR	C	0.1%	0.08%	0.08%
	DLTR	F	0.02%	0.02%	0.02%
	DOV	A	0.05%	0.04%	0.04%
	DOW	F	0.06%	0.05%	0.05%
	DRI	B	0.03%	0.03%	0.03%
	DTE	D	0.04%	0.04%	0.04%
	DUK	D	0.15%	0.13%	0.13%
	DVN	F	0.04%	0.04%	0.04%
	DXCM	C	0.05%	0.04%	0.04%
	EA	A	0.07%	0.06%	0.06%
	EBAY	C	0.06%	0.05%	0.05%
	ECL	C	0.13%	0.09%	0.09%
	ED	D	0.06%	0.05%	0.05%
	EFX	F	0.05%	0.05%	0.05%
	EG	D	0.02%	0.02%	0.02%
	EL	F	0.04%	0.02%	0.02%
	ELV	F	0.16%	0.15%	0.15%
	EMR	A	0.13%	0.11%	0.11%
	ENPH	F	0.01%	0.02%	0.01%
	EOG	A	0.13%	0.11%	0.11%
	EQIX	B	0.17%	0.13%	0.13%
	EQR	C	0.05%	0.04%	0.04%
	EQT	B	0.02%	0.04%	0.02%
	ERIE	F	0.03%	0.02%	0.02%
	ES	D	0.04%	0.03%	0.03%
	ESS	C	0.02%	0.03%	0.02%
	ETN	B	0.25%	0.22%	0.22%
	ETR	B	0.06%	0.05%	0.05%
	EW	F	0.07%	0.06%	0.06%
	EXC	C	0.07%	0.06%	0.06%
	EXPD	C	0.02%	0.03%	0.02%
	EXPE	B	0.04%	0.03%	0.03%
	EXR	D	0.06%	0.05%	0.05%
	F	C	0.08%	0.07%	0.07%
	FANG	C	0.06%	0.05%	0.05%
	FAST	B	0.08%	0.07%	0.07%
	FCX	F	0.13%	0.1%	0.1%
	FDS	A	0.03%	0.03%	0.03%
	FDX	B	0.13%	0.1%	0.1%
	FE	D	0.04%	0.03%	0.03%
	FI	A	0.23%	0.18%	0.18%
	FICO	B	0.14%	0.08%	0.08%
	FIS	B	0.08%	0.07%	0.07%
	FMC	F	0.01%	0.01%	0.01%
	FOX	A	0.03%	0.01%	0.01%
	FSLR	F	0.04%	0.03%	0.03%
	FTNT	B	0.12%	0.08%	0.08%
	FTV	C	0.05%	0.04%	0.04%
	GDDY	B	0.05%	0.04%	0.04%
	GE	D	0.34%	0.3%	0.3%
	GEHC	D	0.07%	0.06%	0.06%
	GEV	B	0.17%	0.14%	0.14%
	GILD	B	0.21%	0.17%	0.17%
	GIS	F	0.06%	0.06%	0.06%
	GLW	B	0.07%	0.06%	0.06%
	GM	B	0.11%	0.09%	0.09%
	GOOGL	C	4.16%	1.57%	1.57%
	GPC	D	0.03%	0.03%	0.03%
	GPN	B	0.05%	0.04%	0.04%
	GRMN	A	0.07%	0.05%	0.05%
	GS	B	0.33%	0.29%	0.29%
	GWW	B	0.08%	0.08%	0.08%
	HAL	C	0.05%	0.04%	0.04%
	HBAN	A	0.04%	0.04%	0.04%
	HCA	D	0.16%	0.1%	0.1%
	HD	B	0.74%	0.59%	0.59%
	HES	B	0.08%	0.06%	0.06%
	HIG	C	0.06%	0.05%	0.05%
	HLT	A	0.11%	0.09%	0.09%
	HOLX	D	0.04%	0.03%	0.03%
	HON	B	0.19%	0.21%	0.19%
	HPE	B	0.05%	0.04%	0.04%
	HPQ	B	0.06%	0.05%	0.05%
	HRL	F	0.03%	0.01%	0.01%
	HSY	F	0.07%	0.04%	0.04%
	HUBB	C	0.03%	0.04%	0.03%
	HUM	D	0.06%	0.05%	0.05%
	HWM	B	0.08%	0.07%	0.07%
	IBM	D	0.34%	0.3%	0.3%
	ICE	C	0.16%	0.14%	0.14%
	IDXX	F	0.06%	0.05%	0.05%
	IEX	B	0.01%	0.03%	0.01%
	IFF	F	0.04%	0.03%	0.03%
	INCY	B	0.02%	0.02%	0.02%
	INTC	C	0.19%	0.16%	0.16%
	INTU	A	0.34%	0.28%	0.28%
	INVH	D	0.04%	0.03%	0.03%
	IP	B	0.02%	0.03%	0.02%
	IQV	F	0.07%	0.06%	0.06%
	IR	A	0.07%	0.06%	0.06%
	IRM	D	0.06%	0.05%	0.05%
	ISRG	A	0.34%	0.28%	0.28%
	IT	B	0.07%	0.06%	0.06%
	ITW	B	0.14%	0.11%	0.11%
	J	D	0.04%	0.03%	0.03%
	JBHT	C	0.04%	0.02%	0.02%
	JBL	C	0.02%	0.02%	0.02%
	JCI	A	0.1%	0.08%	0.08%
	JNJ	D	0.47%	0.58%	0.47%
	JPM	A	1.15%	1.07%	1.07%
	K	A	0.05%	0.03%	0.03%
	KDP	C	0.08%	0.06%	0.06%
	KEY	B	0.02%	0.03%	0.02%
	KEYS	C	0.05%	0.04%	0.04%
	KHC	F	0.07%	0.04%	0.04%
	KKR	B	0.24%	0.16%	0.16%
	KLAC	F	0.18%	0.14%	0.14%
	KMB	D	0.08%	0.07%	0.07%
	KMI	B	0.11%	0.08%	0.08%
	KO	F	0.51%	0.38%	0.38%
	KR	A	0.08%	0.06%	0.06%
	KVUE	A	0.08%	0.07%	0.07%
	L	A	0.03%	0.02%	0.02%
	LDOS	C	0.05%	0.04%	0.04%
	LEN	D	0.08%	0.06%	0.06%
	LH	B	0.02%	0.03%	0.02%
	LHX	B	0.08%	0.07%	0.07%
	LIN	D	0.39%	0.34%	0.34%
	LKQ	C	0.01%	0.02%	0.01%
	LLY	F	1.32%	0.93%	0.93%
	LMT	D	0.25%	0.18%	0.18%
	LOW	B	0.27%	0.23%	0.23%
	LRCX	F	0.2%	0.15%	0.15%
	LULU	B	0.06%	0.05%	0.05%
	LUV	B	0.03%	0.03%	0.03%
	LVS	C	0.07%	0.03%	0.03%
	LW	B	0.01%	0.02%	0.01%
	LYB	F	0.05%	0.03%	0.03%
	LYV	A	0.06%	0.03%	0.03%
	MA	B	0.86%	0.65%	0.65%
	MAA	C	0.03%	0.03%	0.03%
	MAR	A	0.14%	0.1%	0.1%
	MAS	D	0.03%	0.03%	0.03%
	MCD	C	0.36%	0.32%	0.32%
	MCHP	F	0.07%	0.06%	0.06%
	MCK	B	0.16%	0.11%	0.11%
	MCO	C	0.15%	0.11%	0.11%
	MDLZ	F	0.16%	0.13%	0.13%
	MDT	D	0.2%	0.18%	0.18%
	MET	C	0.1%	0.07%	0.07%
	META	B	2.46%	1.9%	1.9%
	MGM	D	0.01%	0.01%	0.01%
	MKC	D	0.04%	0.03%	0.03%
	MLM	B	0.08%	0.06%	0.06%
	MMC	D	0.2%	0.17%	0.17%
	MMM	C	0.13%	0.11%	0.11%
	MNST	B	0.1%	0.06%	0.06%
	MO	A	0.16%	0.14%	0.14%
	MOH	F	0.04%	0.03%	0.03%
	MOS	D	0.01%	0.01%	0.01%
	MPC	D	0.09%	0.08%	0.08%
	MPWR	F	0.05%	0.06%	0.05%
	MRK	F	0.36%	0.39%	0.36%
	MRNA	F	0.03%	0.03%	0.03%
	MRO	B	0.01%	0.02%	0.01%
	MS	A	0.37%	0.25%	0.25%
	MSCI	B	0.07%	0.07%	0.07%
	MSFT	C	6.25%	4.74%	4.74%
	MSI	B	0.15%	0.12%	0.12%
	MTB	A	0.07%	0.05%	0.05%
	MTD	F	0.09%	0.05%	0.05%
	MU	D	0.22%	0.19%	0.19%
	NDAQ	B	0.08%	0.05%	0.05%
	NEE	D	0.26%	0.23%	0.23%
	NEM	F	0.09%	0.08%	0.08%
	NFLX	A	0.61%	0.51%	0.51%
	NKE	F	0.21%	0.14%	0.14%
	NOC	D	0.13%	0.11%	0.11%
	NOW	A	0.39%	0.31%	0.31%
	NRG	C	0.02%	0.03%	0.02%
	NSC	B	0.1%	0.1%	0.1%
	NTAP	D	0.05%	0.04%	0.04%
	NTRS	A	0.04%	0.03%	0.03%
	NUE	D	0.07%	0.06%	0.06%
	NVDA	A	6.22%	5.44%	5.44%
	NXPI	F	0.11%	0.09%	0.09%
	O	D	0.09%	0.08%	0.08%
	ODFL	B	0.09%	0.07%	0.07%
	OMC	A	0.03%	0.03%	0.03%
	ON	F	0.06%	0.05%	0.05%
	ORCL	A	0.89%	0.44%	0.44%
	ORLY	A	0.16%	0.11%	0.11%
	OTIS	D	0.07%	0.06%	0.06%
	OXY	F	0.09%	0.05%	0.05%
	PANW	B	0.22%	0.19%	0.19%
	PAYC	B	0.01%	0.02%	0.01%
	PAYX	B	0.09%	0.07%	0.07%
	PCAR	B	0.11%	0.09%	0.09%
	PCG	A	0.1%	0.07%	0.07%
	PEG	C	0.08%	0.06%	0.06%
	PEP	D	0.39%	0.34%	0.34%
	PFE	F	0.27%	0.24%	0.24%
	PFG	C	0.04%	0.03%	0.03%
	PG	C	0.67%	0.58%	0.58%
	PGR	A	0.26%	0.23%	0.23%
	PH	A	0.18%	0.14%	0.14%
	PHM	D	0.05%	0.04%	0.04%
	PKG	B	0.02%	0.03%	0.02%
	PLD	D	0.18%	0.16%	0.16%
	PLTR	B	0.22%	0.17%	0.17%
	PM	B	0.33%	0.3%	0.3%
	PNC	B	0.14%	0.12%	0.12%
	PODD	B	0.02%	0.03%	0.02%
	PPG	F	0.06%	0.04%	0.04%
	PPL	A	0.04%	0.04%	0.04%
	PRU	B	0.08%	0.07%	0.07%
	PSA	D	0.11%	0.08%	0.08%
	PSX	C	0.1%	0.08%	0.08%
	PTC	B	0.04%	0.04%	0.04%
	PWR	B	0.08%	0.07%	0.07%
	PYPL	A	0.15%	0.13%	0.13%
	QCOM	F	0.33%	0.29%	0.29%
	RCL	A	0.1%	0.08%	0.08%
	REGN	F	0.16%	0.13%	0.13%
	RF	A	0.04%	0.04%	0.04%
	RJF	A	0.06%	0.05%	0.05%
	RMD	C	0.06%	0.05%	0.05%
	ROK	B	0.05%	0.05%	0.05%
	ROL	C	0.04%	0.02%	0.02%
	ROP	A	0.11%	0.09%	0.09%
	ROST	D	0.08%	0.07%	0.07%
	RSG	B	0.12%	0.06%	0.06%
	RTX	D	0.28%	0.25%	0.25%
	RVTY	C	0.02%	0.02%	0.02%
	SBAC	D	0.04%	0.04%	0.04%
	SBUX	B	0.18%	0.17%	0.17%
	SCHW	B	0.18%	0.17%	0.17%
	SHW	A	0.17%	0.13%	0.13%
	SJM	F	0.01%	0.02%	0.01%
	SMCI	F	0.03%	0.02%	0.02%
	SNPS	C	0.15%	0.13%	0.13%
	SO	D	0.17%	0.15%	0.15%
	SPG	A	0.1%	0.08%	0.08%
	SPGI	C	0.29%	0.24%	0.24%
	SRE	B	0.1%	0.08%	0.08%
	STE	D	0.04%	0.03%	0.03%
	STLD	C	0.04%	0.03%	0.03%
	STT	B	0.05%	0.04%	0.04%
	STX	D	0.04%	0.03%	0.03%
	STZ	D	0.07%	0.05%	0.05%
	SW	B	0.02%	0.04%	0.02%
	SWKS	F	0.01%	0.02%	0.01%
	SYK	A	0.24%	0.19%	0.19%
	SYY	D	0.07%	0.06%	0.06%
	T	A	0.27%	0.24%	0.24%
	TDG	D	0.17%	0.12%	0.12%
	TDY	B	0.03%	0.03%	0.03%
	TER	F	0.04%	0.03%	0.03%
	TFC	B	0.11%	0.1%	0.1%
	TGT	C	0.13%	0.1%	0.1%
	TJX	A	0.24%	0.2%	0.2%
	TMO	F	0.36%	0.32%	0.32%
	TMUS	A	0.44%	0.17%	0.17%
	TRGP	B	0.07%	0.06%	0.06%
	TRMB	B	0.01%	0.03%	0.01%
	TROW	A	0.05%	0.04%	0.04%
	TRV	B	0.1%	0.09%	0.09%
	TSCO	D	0.06%	0.05%	0.05%
	TSLA	B	1.54%	1.22%	1.22%
	TSN	B	0.04%	0.03%	0.03%
	TT	B	0.15%	0.13%	0.13%
	TTWO	A	0.06%	0.04%	0.04%
	TXN	B	0.35%	0.3%	0.3%
	TXT	D	0.03%	0.03%	0.03%
	TYL	B	0.04%	0.04%	0.04%
	UAL	A	0.03%	0.04%	0.03%
	UBER	F	0.27%	0.24%	0.24%
	ULTA	C	0.03%	0.03%	0.03%
	UNH	B	0.97%	0.84%	0.84%
	UNP	D	0.26%	0.23%	0.23%
	UPS	C	0.2%	0.15%	0.15%
	URI	B	0.11%	0.09%	0.09%
	USB	B	0.13%	0.12%	0.12%
	V	A	1.17%	0.78%	0.78%
	VICI	D	0.06%	0.05%	0.05%
	VLO	C	0.08%	0.07%	0.07%
	VLTO	D	0.05%	0.04%	0.04%
	VMC	B	0.07%	0.06%	0.06%
	VRSK	A	0.07%	0.06%	0.06%
	VRSN	C	0.04%	0.02%	0.02%
	VRTX	B	0.22%	0.19%	0.19%
	VST	B	0.09%	0.07%	0.07%
	VTR	C	0.05%	0.04%	0.04%
	VZ	D	0.29%	0.26%	0.26%
	WAB	B	0.06%	0.05%	0.05%
	WAT	B	0.05%	0.03%	0.03%
	WBA	D	0.01%	0.01%	0.01%
	WBD	B	0.04%	0.03%	0.03%
	WDC	D	0.04%	0.03%	0.03%
	WEC	B	0.05%	0.05%	0.05%
	WELL	B	0.15%	0.12%	0.12%
	WFC	A	0.43%	0.37%	0.37%
	WM	A	0.15%	0.12%	0.12%
	WMB	B	0.12%	0.1%	0.1%
	WMT	A	1.22%	0.55%	0.55%
	WRB	B	0.02%	0.03%	0.02%
	WST	B	0.04%	0.04%	0.04%
	WTW	A	0.06%	0.05%	0.05%
	WY	F	0.04%	0.03%	0.03%
	XEL	A	0.07%	0.06%	0.06%
	XOM	B	0.91%	0.82%	0.82%
	XYL	F	0.06%	0.05%	0.05%
	YUM	B	0.07%	0.06%	0.06%
	ZBH	C	0.04%	0.03%	0.03%
	ZTS	D	0.14%	0.12%	0.12%

RVRB Overweight 87 Positions Relative to HCMT

	Symbol	Grade	Weight
	SHOP	B	0.19%
	TD	D	0.17%
	SCCO	F	0.16%
	APO	B	0.16%
	APP	B	0.14%
	MRVL	B	0.14%
	SPOT	A	0.13%
	NU	B	0.13%
	WDAY	B	0.12%
	EPD	A	0.12%
	DASH	A	0.12%
	ET	A	0.11%
	TTD	B	0.11%
	MELI	D	0.11%
	COIN	B	0.11%
	TEAM	B	0.1%
	MPLX	A	0.09%
	FLUT	A	0.08%
	LNG	B	0.08%
	VRT	B	0.08%
	CPNG	B	0.08%
	WCN	A	0.08%
	SQ	B	0.08%
	DDOG	B	0.08%
	ALNY	D	0.07%
	SNOW	C	0.07%
	STLA	F	0.07%
	VEEV	B	0.06%
	GOLD	F	0.06%
	RBLX	B	0.06%
	NET	B	0.06%
	CCEP	C	0.06%
	PHG	F	0.05%
	ZM	B	0.05%
	TW	B	0.05%
	ZS	B	0.05%
	HEI	A	0.05%
	IOT	B	0.05%
	ARES	B	0.05%
	MT	C	0.04%
	AER	B	0.04%
	MDB	C	0.04%
	PINS	F	0.04%
	ILMN	C	0.04%
	HUBS	B	0.04%
	CQP	B	0.04%
	STM	F	0.04%
	GFS	C	0.04%
	BAH	C	0.04%
	DKS	D	0.03%
	ICLR	F	0.03%
	AVTR	F	0.03%
	CSL	B	0.03%
	CVNA	B	0.03%
	DKNG	B	0.03%
	CRBG	C	0.03%
	WSO	B	0.03%
	CHKP	C	0.03%
	WLK	F	0.03%
	CHWY	B	0.02%
	YUMC	C	0.02%
	BURL	C	0.02%
	WSM	F	0.02%
	SNAP	C	0.02%
	LPLA	A	0.02%
	RS	C	0.02%
	HOOD	B	0.02%
	SUI	F	0.02%
	CELH	F	0.01%
	IEP	F	0.01%
	ETSY	D	0.01%
	AAL	B	0.01%
	U	F	0.01%
	SIRI	C	0.01%
	RIVN	F	0.01%
	OKTA	C	0.01%
	RPRX	F	0.01%
	EXAS	F	0.01%
	WPC	F	0.01%
	AGR	C	0.01%
	BMRN	F	0.01%
	BSY	F	0.01%
	CNH	D	0.01%
	DT	C	0.01%
	WMG	B	0.01%
	FTRE	D	0.0%
	LCID	F	0.0%

RVRB Underweight 76 Positions Relative to HCMT

	Symbol	Grade	Weight
	GOOG	C	-1.3%
	GD	C	-0.12%
	CME	B	-0.12%
	OKE	A	-0.09%
	SLB	C	-0.09%
	AZO	B	-0.08%
	ACGL	C	-0.06%
	EIX	C	-0.05%
	FITB	A	-0.05%
	DECK	B	-0.04%
	SYF	B	-0.04%
	NVR	D	-0.04%
	PNR	A	-0.03%
	SNA	A	-0.03%
	ZBRA	B	-0.03%
	CBOE	D	-0.03%
	TAP	B	-0.02%
	GL	B	-0.02%
	FOXA	A	-0.02%
	PNW	A	-0.02%
	SOLV	C	-0.02%
	MKTX	C	-0.02%
	AIZ	A	-0.02%
	CTLT	D	-0.02%
	NWSA	B	-0.02%
	GNRC	B	-0.02%
	CRL	C	-0.02%
	IPG	F	-0.02%
	TPR	A	-0.02%
	EPAM	B	-0.02%
	BXP	D	-0.02%
	REG	A	-0.02%
	TECH	D	-0.02%
	KMX	B	-0.02%
	UHS	D	-0.02%
	EMN	D	-0.02%
	NCLH	B	-0.02%
	ALLE	D	-0.02%
	CHRW	A	-0.02%
	CPT	C	-0.02%
	HST	D	-0.02%
	DAY	B	-0.02%
	JNPR	D	-0.02%
	UDR	C	-0.02%
	JKHY	C	-0.02%
	VTRS	B	-0.02%
	FFIV	B	-0.02%
	EVRG	A	-0.02%
	SWK	F	-0.02%
	POOL	D	-0.02%
	NDSN	B	-0.02%
	LNT	C	-0.02%
	DPZ	C	-0.02%
	DOC	C	-0.02%
	NI	A	-0.02%
	GEN	B	-0.02%
	KIM	A	-0.02%
	NWS	B	-0.01%
	BEN	C	-0.01%
	PARA	B	-0.01%
	DVA	C	-0.01%
	QRVO	F	-0.01%
	MHK	D	-0.01%
	BWA	B	-0.01%
	HII	F	-0.01%
	WYNN	C	-0.01%
	HAS	D	-0.01%
	RL	B	-0.01%
	IVZ	B	-0.01%
	FRT	B	-0.01%
	CZR	F	-0.01%
	HSIC	F	-0.01%
	APA	F	-0.01%
	AOS	F	-0.01%
	TFX	F	-0.01%
	MTCH	F	-0.01%

RVRB: Top Represented Industries & Keywords

Industries: Software - Application Diagnostics & Research Semiconductors Utilities - Regulated Electric Business Services Diversified Industrials Specialty Retail Asset Management Capital Markets Drug Manufacturers - Major Oil & Gas E&P Packaged Foods Software - Infrastructure Specialty Chemicals Aerospace & Defense Banks - Regional - US Biotechnology Medical Devices Oil & Gas Midstream Health Care Plans

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Electricity Electronics Dow Jones Component Insurance Medicine Semiconductor Aerospace Bank Telecommunications Banking Chemical Cloud Computing Mining Mobile Devices Transport Insurance Products

HCMT: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Oil & Gas E&P Aerospace & Defense Asset Management Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Chemical Medicine Real Estate Investment Trust Aerospace Telecommunications Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank