RVRB vs. HYBB ETF Comparison

Comparison of Reverb ETF (RVRB) to iShares BB Rated Corporate Bond ETF (HYBB)

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

$31.09

Average Daily Volume

220

Number of Holdings ^*

510

* may have additional holdings in another (foreign) market

HYBB

iShares BB Rated Corporate Bond ETF

HYBB Description

The investment seeks to track the investment results of the ICE BofA BB US High Yield Constrained Index composed of BB, or equivalently rated, fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporations. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (BlackRock Cash Funds), as well as in securities not included in the index, but which BFA believes will help it track the index.

Grade (RS Rating)

Last Trade

$46.63

Average Daily Volume

53,259

Number of Holdings ^*

257

* may have additional holdings in another (foreign) market

Performance

Period	RVRB	HYBB
30 Days	1.63%	-0.05%
60 Days	4.34%	-0.89%
90 Days	6.33%	0.65%
12 Months	30.57%	8.22%

39 Overlapping Holdings

Symbol	Grade	Weight in RVRB	Weight in HYBB	Overlap
AAL	B	0.01%	0.11%	0.01%
AES	F	0.01%	0.05%	0.01%
AVTR	F	0.03%	0.11%	0.03%
BALL	D	0.04%	0.1%	0.04%
BLDR	D	0.03%	0.08%	0.03%
CCL	A	0.06%	0.29%	0.06%
CHTR	B	0.1%	0.06%	0.06%
CRWD	B	0.15%	0.1%	0.1%
DTE	C	0.05%	0.11%	0.05%
ET	A	0.1%	0.06%	0.06%
FTRE	D	0.0%	0.09%	0.0%
GDDY	A	0.05%	0.09%	0.05%
HLT	A	0.11%	0.07%	0.07%
HOLX	D	0.03%	0.06%	0.03%
IEP	F	0.01%	0.09%	0.01%
IQV	F	0.07%	0.08%	0.07%
IRM	C	0.06%	0.07%	0.06%
LW	C	0.01%	0.08%	0.01%
LYV	A	0.06%	0.07%	0.06%
MGM	D	0.01%	0.06%	0.01%
MOH	F	0.04%	0.09%	0.04%
NRG	B	0.02%	0.06%	0.02%
ON	F	0.05%	0.1%	0.05%
PCG	A	0.1%	0.14%	0.1%
PTC	B	0.04%	0.07%	0.04%
RBLX	B	0.06%	0.13%	0.06%
RCL	A	0.1%	0.04%	0.04%
SBAC	D	0.04%	0.2%	0.04%
SIRI	D	0.01%	0.14%	0.01%
SQ	A	0.09%	0.13%	0.09%
STX	D	0.04%	0.04%	0.04%
TDG	D	0.16%	0.16%	0.16%
UAL	A	0.03%	0.27%	0.03%
URI	B	0.11%	0.07%	0.07%
VRT	A	0.08%	0.12%	0.08%
VST	A	0.09%	0.15%	0.09%
WBA	F	0.01%	0.03%	0.01%
WDC	F	0.04%	0.33%	0.04%
YUM	D	0.07%	0.04%	0.04%

RVRB Overweight 471 Positions Relative to HYBB

Symbol	Grade	Weight
MSFT	D	6.29%
NVDA	A	6.15%
AAPL	C	5.64%
AMZN	B	4.4%
GOOGL	B	4.05%
META	C	2.4%
BRK.A	B	1.65%
TSLA	A	1.62%
AVGO	C	1.32%
LLY	F	1.31%
WMT	A	1.23%
V	A	1.19%
JPM	A	1.18%
UNH	C	0.95%
ORCL	A	0.9%
XOM	B	0.9%
MA	B	0.87%
COST	A	0.77%
HD	A	0.75%
PG	C	0.69%
NFLX	A	0.64%
BAC	A	0.6%
CRM	B	0.55%
CVX	A	0.52%
ABBV	F	0.52%
KO	D	0.5%
TMUS	B	0.46%
JNJ	D	0.46%
WFC	A	0.45%
ADBE	D	0.41%
CSCO	B	0.41%
NOW	B	0.4%
AMD	F	0.39%
PEP	F	0.39%
ACN	C	0.39%
LIN	D	0.38%
MS	A	0.38%
AXP	B	0.37%
INTU	B	0.36%
MCD	D	0.36%
PM	A	0.35%
ABT	A	0.35%
MRK	F	0.35%
CAT	C	0.35%
GS	B	0.34%
TMO	F	0.34%
DIS	B	0.34%
GE	D	0.34%
ISRG	A	0.34%
TXN	C	0.33%
IBM	C	0.33%
QCOM	F	0.32%
BKNG	A	0.32%
DHR	D	0.31%
CMCSA	B	0.3%
VZ	C	0.29%
SPGI	D	0.29%
T	A	0.28%
LOW	C	0.28%
AMGN	D	0.28%
NEE	C	0.27%
BLK	B	0.27%
AMAT	F	0.27%
RTX	D	0.27%
ETN	B	0.26%
UNP	D	0.26%
UBER	F	0.26%
PGR	B	0.26%
SYK	A	0.25%
TJX	A	0.25%
PFE	F	0.25%
BSX	A	0.24%
PLTR	A	0.24%
KKR	A	0.24%
LMT	D	0.24%
SHOP	B	0.24%
C	B	0.23%
PANW	B	0.23%
FI	A	0.23%
COP	B	0.23%
BX	A	0.23%
VRTX	D	0.22%
ANET	C	0.22%
BMY	A	0.21%
HON	B	0.21%
ADP	B	0.21%
NKE	F	0.21%
UPS	C	0.2%
MU	D	0.2%
MDT	D	0.2%
MMC	D	0.2%
SCHW	A	0.2%
GILD	C	0.2%
CB	C	0.2%
DE	C	0.2%
ADI	D	0.19%
SBUX	A	0.19%
LRCX	F	0.19%
PH	B	0.18%
PLD	D	0.18%
INTC	C	0.18%
KLAC	F	0.17%
CI	D	0.17%
CTAS	B	0.17%
GEV	A	0.17%
APO	A	0.17%
MO	A	0.17%
SO	C	0.17%
EQIX	A	0.17%
TD	D	0.17%
SHW	C	0.17%
CDNS	B	0.16%
WM	B	0.16%
MCK	A	0.16%
ELV	F	0.16%
ORLY	B	0.16%
TT	A	0.16%
APH	B	0.16%
MSI	B	0.16%
PYPL	B	0.16%
MDLZ	F	0.16%
ICE	C	0.16%
CMG	C	0.16%
AMT	D	0.16%
DELL	B	0.16%
APP	A	0.16%
ZTS	D	0.15%
WELL	A	0.15%
PNC	B	0.15%
ABNB	D	0.15%
FICO	B	0.15%
DUK	C	0.15%
REGN	F	0.15%
SPOT	B	0.15%
MCO	D	0.15%
HCA	F	0.15%
USB	B	0.14%
ITW	B	0.14%
EOG	A	0.14%
MRVL	B	0.14%
SNPS	C	0.14%
BA	D	0.14%
SCCO	F	0.14%
MAR	B	0.14%
AON	B	0.14%
COIN	A	0.13%
CSX	C	0.13%
ECL	D	0.13%
MMM	D	0.13%
TGT	B	0.13%
NOC	D	0.13%
CL	D	0.13%
CEG	C	0.13%
FDX	B	0.13%
NU	C	0.13%
EMR	A	0.13%
FTNT	B	0.13%
BDX	F	0.12%
COF	B	0.12%
ADSK	B	0.12%
CVS	F	0.12%
CARR	D	0.12%
MELI	D	0.12%
EPD	A	0.12%
RSG	A	0.12%
WMB	A	0.12%
APD	A	0.12%
WDAY	C	0.12%
DASH	A	0.12%
MET	A	0.11%
PSA	C	0.11%
TFC	A	0.11%
AMP	A	0.11%
KMI	A	0.11%
ROP	C	0.11%
PCAR	C	0.11%
TEAM	A	0.11%
AFL	C	0.11%
AJG	B	0.11%
FCX	F	0.11%
GM	B	0.11%
TRV	A	0.1%
CPRT	B	0.1%
PSX	C	0.1%
MNST	C	0.1%
NXPI	F	0.1%
NSC	B	0.1%
DLR	A	0.1%
SPG	A	0.1%
JCI	B	0.1%
SRE	A	0.1%
BK	B	0.1%
TTD	B	0.1%
FIS	C	0.09%
FLUT	A	0.09%
ODFL	B	0.09%
MPLX	A	0.09%
AME	A	0.09%
AIG	C	0.09%
ALL	A	0.09%
O	C	0.09%
AEP	C	0.09%
MPC	D	0.09%
CMI	A	0.09%
PAYX	B	0.09%
DHI	D	0.09%
GWW	B	0.08%
MLM	B	0.08%
KR	B	0.08%
BKR	B	0.08%
STZ	D	0.08%
MSCI	B	0.08%
DFS	B	0.08%
COR	B	0.08%
F	C	0.08%
PEG	C	0.08%
KDP	D	0.08%
CCI	C	0.08%
MTD	F	0.08%
LHX	B	0.08%
CPNG	D	0.08%
HWM	A	0.08%
NDAQ	A	0.08%
PRU	B	0.08%
VLO	C	0.08%
LNG	A	0.08%
KVUE	A	0.08%
ROST	D	0.08%
LEN	D	0.08%
WCN	A	0.08%
D	C	0.08%
PWR	A	0.08%
NEM	D	0.08%
HES	B	0.08%
DDOG	A	0.08%
FAST	B	0.08%
KMB	C	0.08%
OXY	F	0.08%
LVS	B	0.07%
CCEP	D	0.07%
NUE	D	0.07%
ALNY	D	0.07%
A	F	0.07%
KHC	F	0.07%
SYY	D	0.07%
CBRE	B	0.07%
GRMN	B	0.07%
MTB	A	0.07%
EXC	C	0.07%
HSY	F	0.07%
IT	C	0.07%
GEHC	D	0.07%
CTVA	C	0.07%
STLA	F	0.07%
OTIS	C	0.07%
XEL	A	0.07%
EW	C	0.07%
GLW	B	0.07%
CTSH	C	0.07%
VMC	B	0.07%
IR	B	0.07%
VRSK	B	0.07%
EA	A	0.07%
TRGP	A	0.07%
SNOW	C	0.07%
DAL	A	0.07%
ROK	B	0.06%
PPG	F	0.06%
WEC	A	0.06%
EBAY	D	0.06%
BRO	B	0.06%
CNC	F	0.06%
ETR	A	0.06%
DOW	F	0.06%
TTWO	A	0.06%
VICI	C	0.06%
AVB	B	0.06%
FANG	D	0.06%
VEEV	C	0.06%
NET	B	0.06%
RMD	C	0.06%
HIG	B	0.06%
WTW	B	0.06%
ED	C	0.06%
RJF	A	0.06%
GIS	F	0.06%
EXR	C	0.06%
WAB	B	0.06%
MCHP	F	0.06%
HPQ	B	0.06%
LULU	C	0.06%
DD	D	0.06%
NTAP	C	0.05%
DVN	F	0.05%
AEE	A	0.05%
TROW	B	0.05%
VLTO	C	0.05%
CDW	F	0.05%
K	B	0.05%
EXPE	B	0.05%
EQR	C	0.05%
CPAY	A	0.05%
LYB	F	0.05%
ZM	B	0.05%
HAL	C	0.05%
STT	B	0.05%
WAT	C	0.05%
CHD	A	0.05%
FTV	D	0.05%
KEYS	C	0.05%
TW	A	0.05%
PHM	D	0.05%
EFX	F	0.05%
HPE	B	0.05%
DOV	B	0.05%
GPN	C	0.05%
IOT	A	0.05%
DXCM	C	0.05%
CSGP	F	0.05%
GOLD	C	0.05%
TSCO	D	0.05%
ZS	B	0.05%
ARES	A	0.05%
IDXX	F	0.05%
CAH	B	0.05%
HUM	D	0.05%
XYL	D	0.05%
HEI	A	0.05%
BBY	D	0.04%
LUV	B	0.04%
STLD	B	0.04%
VRSN	F	0.04%
JBHT	C	0.04%
CFG	B	0.04%
J	D	0.04%
ILMN	C	0.04%
INVH	D	0.04%
AER	B	0.04%
FOX	A	0.04%
MPWR	F	0.04%
ATO	A	0.04%
MDB	C	0.04%
FSLR	F	0.04%
CINF	A	0.04%
MKC	D	0.04%
PFG	C	0.04%
AXON	A	0.04%
TYL	B	0.04%
ES	C	0.04%
WY	D	0.04%
BAH	D	0.04%
IFF	D	0.04%
NTRS	A	0.04%
TSN	B	0.04%
GFS	C	0.04%
EL	F	0.04%
STM	F	0.04%
ZBH	C	0.04%
FE	C	0.04%
BIIB	F	0.04%
AWK	C	0.04%
STE	D	0.04%
PHG	F	0.04%
LDOS	C	0.04%
WST	D	0.04%
CQP	B	0.04%
WBD	B	0.04%
ANSS	B	0.04%
BR	B	0.04%
ADM	D	0.04%
RF	A	0.04%
HUBS	B	0.04%
PPL	A	0.04%
VTR	B	0.04%
HBAN	B	0.04%
ROL	B	0.04%
DKS	D	0.03%
MRNA	F	0.03%
AVY	D	0.03%
ICLR	F	0.03%
ERIE	F	0.03%
TXT	D	0.03%
HUBB	B	0.03%
ALGN	D	0.03%
BAX	F	0.03%
CSL	C	0.03%
HRL	D	0.03%
DG	F	0.03%
DGX	A	0.03%
MAA	A	0.03%
MAS	D	0.03%
TDY	B	0.03%
CVNA	A	0.03%
CRBG	B	0.03%
GPC	F	0.03%
FDS	B	0.03%
L	A	0.03%
CLX	A	0.03%
DRI	C	0.03%
WLK	F	0.03%
OMC	C	0.03%
WSO	A	0.03%
PINS	F	0.03%
TER	F	0.03%
CHKP	D	0.03%
CTRA	B	0.03%
DKNG	B	0.03%
MT	B	0.03%
CMS	C	0.03%
CNP	A	0.03%
ARE	F	0.03%
PKG	B	0.02%
YUMC	B	0.02%
LH	B	0.02%
WRB	B	0.02%
SNAP	D	0.02%
KEY	B	0.02%
EQT	A	0.02%
CF	A	0.02%
JBL	C	0.02%
CHWY	B	0.02%
PODD	B	0.02%
WSM	D	0.02%
BURL	A	0.02%
IP	A	0.02%
ESS	A	0.02%
RS	B	0.02%
LPLA	A	0.02%
DLTR	F	0.02%
SW	A	0.02%
SMCI	F	0.02%
EXPD	D	0.02%
EG	D	0.02%
SUI	C	0.02%
AMCR	D	0.02%
APTV	F	0.02%
ULTA	F	0.02%
HOOD	A	0.02%
CELH	F	0.01%
ETSY	D	0.01%
MOS	D	0.01%
SJM	D	0.01%
FMC	D	0.01%
U	F	0.01%
ENPH	F	0.01%
RIVN	F	0.01%
CE	F	0.01%
EXAS	D	0.01%
RPRX	F	0.01%
OKTA	D	0.01%
LKQ	F	0.01%
WPC	C	0.01%
SWKS	F	0.01%
BG	D	0.01%
AKAM	F	0.01%
CPB	D	0.01%
AGR	A	0.01%
CNH	C	0.01%
CAG	F	0.01%
BSY	D	0.01%
BMRN	F	0.01%
ALB	B	0.01%
TRMB	B	0.01%
DT	C	0.01%
PAYC	B	0.01%
IEX	B	0.01%
MRO	A	0.01%
RVTY	D	0.01%
INCY	C	0.01%
WMG	C	0.01%
LCID	F	0.0%

RVRB Underweight 218 Positions Relative to HYBB

Symbol	Grade	Weight
JBLU	F	-0.3%
INGM	F	-0.29%
WFRD	F	-0.25%
GTLS	A	-0.23%
CZR	F	-0.22%
GTN	F	-0.2%
TLN	A	-0.19%
JAZZ	C	-0.19%
VAL	F	-0.17%
POST	C	-0.15%
COHR	B	-0.14%
PFGC	B	-0.14%
DVA	C	-0.14%
BFH	B	-0.14%
ACM	B	-0.14%
NXST	C	-0.13%
AMCX	C	-0.13%
HLF	C	-0.12%
KNTK	A	-0.12%
HRI	C	-0.12%
BYD	B	-0.12%
ESI	B	-0.12%
WCC	B	-0.12%
HGV	C	-0.12%
HTZ	C	-0.12%
SYF	B	-0.11%
IGT	F	-0.11%
W	D	-0.11%
ESAB	C	-0.11%
USM	B	-0.1%
TPX	B	-0.1%
SBH	B	-0.1%
GAP	D	-0.1%
ADT	B	-0.1%
TRN	A	-0.1%
TEX	D	-0.09%
VSAT	F	-0.09%
WAL	B	-0.09%
SLGN	A	-0.09%
ASGN	F	-0.09%
GEN	B	-0.09%
PK	D	-0.09%
AVNT	B	-0.09%
AIR	B	-0.09%
CWK	C	-0.09%
AM	A	-0.09%
ATSG	A	-0.09%
MTN	C	-0.09%
GEO	A	-0.09%
ADNT	F	-0.08%
THO	C	-0.08%
CRI	F	-0.08%
ACI	C	-0.08%
XPO	B	-0.08%
GNL	D	-0.08%
AMKR	F	-0.08%
NEP	F	-0.08%
SLM	B	-0.08%
OGN	F	-0.08%
ESTC	C	-0.08%
WH	B	-0.08%
FLR	B	-0.08%
ACCO	B	-0.08%
AXTA	B	-0.08%
LADR	B	-0.08%
OUT	A	-0.08%
SRCL	B	-0.08%
PARA	D	-0.08%
PPC	B	-0.08%
DO	D	-0.08%
CXW	B	-0.08%
ECPG	C	-0.08%
ALGT	C	-0.08%
HHH	B	-0.08%
NMRK	B	-0.08%
MTDR	C	-0.08%
SNEX	B	-0.08%
SCI	A	-0.08%
THC	C	-0.08%
ZBRA	B	-0.08%
RNG	C	-0.07%
MD	C	-0.07%
KFY	B	-0.07%
SAH	B	-0.07%
RLJ	C	-0.07%
LAD	B	-0.07%
COOP	B	-0.07%
MWA	B	-0.07%
ATGE	B	-0.07%
ZD	B	-0.07%
FCFS	F	-0.07%
DY	C	-0.07%
FTAI	A	-0.07%
GHC	B	-0.07%
PHIN	B	-0.07%
TNET	F	-0.07%
PAG	B	-0.07%
COTY	F	-0.07%
NAVI	F	-0.07%
NCLH	B	-0.07%
OLN	F	-0.07%
EPC	F	-0.07%
SCS	B	-0.07%
DAR	B	-0.07%
NWSA	B	-0.07%
ALLY	C	-0.07%
GPI	B	-0.07%
ARLP	A	-0.07%
TGNA	B	-0.07%
TFX	F	-0.07%
NSIT	F	-0.07%
LTH	C	-0.07%
EIX	C	-0.07%
NGVT	C	-0.07%
UA	C	-0.07%
PFSI	C	-0.07%
BWXT	A	-0.06%
HLX	C	-0.06%
AIZ	A	-0.06%
TCBI	B	-0.06%
ST	F	-0.06%
CIEN	B	-0.06%
MTX	C	-0.06%
TMHC	B	-0.06%
SM	C	-0.06%
CACC	F	-0.06%
WMS	F	-0.06%
SEE	D	-0.06%
CIVI	D	-0.06%
PBH	A	-0.06%
BCC	C	-0.06%
RXO	C	-0.06%
TRS	B	-0.06%
HESM	A	-0.06%
TTMI	B	-0.06%
CCOI	B	-0.06%
AA	A	-0.06%
ATKR	D	-0.06%
NWL	B	-0.06%
CNX	A	-0.06%
VSTO	A	-0.06%
TWLO	A	-0.06%
VNOM	A	-0.06%
RHP	B	-0.06%
CRL	D	-0.06%
CCK	D	-0.06%
LEVI	F	-0.06%
CCS	F	-0.06%
BCO	F	-0.06%
RRC	B	-0.06%
SXC	A	-0.06%
MUR	F	-0.05%
VNO	C	-0.05%
DFH	F	-0.05%
OII	B	-0.05%
DAN	F	-0.05%
CLF	F	-0.05%
ASH	F	-0.05%
AMN	F	-0.05%
PR	B	-0.05%
STWD	C	-0.05%
WGO	D	-0.05%
JWN	C	-0.05%
CRS	A	-0.05%
GOLF	B	-0.05%
OI	D	-0.05%
ALSN	B	-0.05%
TPH	D	-0.05%
SYNA	D	-0.05%
IBP	F	-0.05%
VIAV	C	-0.05%
FL	F	-0.05%
ENTG	F	-0.05%
ABG	B	-0.05%
LAMR	D	-0.05%
SUN	B	-0.05%
EHC	B	-0.05%
LPX	B	-0.05%
BLD	F	-0.05%
AR	B	-0.05%
FOUR	A	-0.05%
BXMT	C	-0.05%
CMC	B	-0.04%
REZI	A	-0.04%
CLH	C	-0.04%
FUL	F	-0.04%
CXT	C	-0.04%
KBR	F	-0.04%
PRGO	C	-0.04%
BECN	B	-0.04%
BSIG	A	-0.04%
FOR	F	-0.04%
MUSA	B	-0.04%
SPR	D	-0.04%
GNW	A	-0.04%
ENS	D	-0.04%
LGIH	F	-0.04%
X	C	-0.04%
GPK	D	-0.04%
IMKTA	C	-0.04%
VLY	B	-0.04%
VFC	C	-0.04%
BDN	C	-0.04%
PRAA	C	-0.04%
CENT	C	-0.04%
KSS	F	-0.04%
BBWI	C	-0.04%
TNL	B	-0.04%
HI	C	-0.04%
HPP	F	-0.04%
MHO	D	-0.04%
KBH	D	-0.04%
CHRD	F	-0.04%
CSTM	F	-0.03%
BERY	D	-0.03%
AAP	D	-0.03%
OMF	A	-0.03%
M	D	-0.02%