RWK vs. FNCL ETF Comparison

Comparison of RevenueShares Mid Cap (RWK) to Fidelity MSCI Financials Index ETF (FNCL)

RWK

RevenueShares Mid Cap

RWK Description

The investment seeks outperform the total return performance of the S&P MidCap 400Â® Index, the fund's benchmark index (the "Benchmark Index"). The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Mid Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of mid capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$114.29

Average Daily Volume

32,997

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

FNCL

Fidelity MSCI Financials Index ETF

FNCL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$63.68

Average Daily Volume

85,356

Number of Holdings ^*

374

* may have additional holdings in another (foreign) market

Performance

Period	RWK	FNCL
30 Days	0.60%	2.74%
60 Days	1.63%	4.82%
90 Days	3.85%	9.77%
12 Months	20.93%	32.73%

64 Overlapping Holdings

Symbol	Grade	Weight in RWK	Weight in FNCL	Overlap
AFG	B	0.4%	0.14%	0.14%
ALLY	F	0.64%	0.13%	0.13%
AMG	C	0.11%	0.08%	0.08%
ASB	D	0.1%	0.04%	0.04%
BHF	D	0.14%	0.04%	0.04%
CACC	D	0.06%	0.04%	0.04%
CADE	B	0.13%	0.08%	0.08%
CBSH	C	0.11%	0.1%	0.1%
CFR	C	0.14%	0.09%	0.09%
CG	C	0.14%	0.13%	0.13%
CNO	B	0.25%	0.06%	0.06%
COLB	B	0.18%	0.07%	0.07%
EEFT	D	0.16%	0.06%	0.06%
EQH	C	0.61%	0.18%	0.18%
ERIE	A	0.23%	0.18%	0.18%
ESNT	B	0.06%	0.09%	0.06%
EVR	B	0.14%	0.12%	0.12%
EWBC	C	0.21%	0.16%	0.16%
FAF	B	0.34%	0.09%	0.09%
FFIN	B	0.04%	0.06%	0.04%
FHI	A	0.08%	0.04%	0.04%
FHN	D	0.25%	0.12%	0.12%
FNB	D	0.12%	0.07%	0.07%
FNF	A	0.72%	0.21%	0.21%
GBCI	B	0.07%	0.07%	0.07%
HLI	B	0.1%	0.11%	0.1%
HOMB	B	0.07%	0.07%	0.07%
HWC	D	0.1%	0.06%	0.06%
IBKR	B	0.4%	0.18%	0.18%
IBOC	C	0.05%	0.05%	0.05%
JEF	B	0.51%	0.13%	0.13%
JHG	B	0.11%	0.07%	0.07%
KMPR	D	0.23%	0.05%	0.05%
KNSL	C	0.07%	0.14%	0.07%
MORN	C	0.11%	0.12%	0.11%
MTG	B	0.06%	0.09%	0.06%
ONB	C	0.14%	0.08%	0.08%
ORI	A	0.41%	0.13%	0.13%
OZK	D	0.12%	0.06%	0.06%
PB	B	0.1%	0.1%	0.1%
PNFP	B	0.16%	0.1%	0.1%
PRI	B	0.16%	0.13%	0.13%
RGA	B	1.01%	0.2%	0.2%
RLI	B	0.08%	0.08%	0.08%
RNR	B	0.51%	0.19%	0.19%
SEIC	B	0.09%	0.1%	0.09%
SF	A	0.26%	0.12%	0.12%
SIGI	C	0.2%	0.07%	0.07%
SLM	C	0.15%	0.06%	0.06%
SNV	C	0.19%	0.09%	0.09%
SSB	B	0.14%	0.1%	0.1%
STWD	A	0.1%	0.08%	0.08%
TCBI	B	0.1%	0.04%	0.04%
THG	A	0.34%	0.07%	0.07%
UBSI	B	0.08%	0.07%	0.07%
UMBF	B	0.15%	0.07%	0.07%
UNM	B	0.66%	0.12%	0.12%
VLY	C	0.2%	0.05%	0.05%
VOYA	A	0.38%	0.11%	0.11%
WBS	C	0.21%	0.11%	0.11%
WEX	C	0.14%	0.11%	0.11%
WTFC	B	0.19%	0.1%	0.1%
WU	D	0.2%	0.04%	0.04%
ZION	D	0.24%	0.09%	0.09%

RWK Overweight 324 Positions Relative to FNCL

Symbol	Grade	Weight
PFGC	B	2.9%
SNX	D	2.24%
USFD	B	1.91%
LAD	C	1.63%
PAG	D	1.42%
ARW	C	1.39%
PBF	F	1.26%
DINO	D	1.24%
AN	D	1.23%
JLL	B	1.21%
MUSA	C	1.13%
THC	B	1.11%
AVT	D	1.1%
LEA	D	0.99%
ARMK	B	0.98%
PPC	D	0.97%
WCC	C	0.96%
WHR	D	0.93%
M	F	0.88%
BJ	D	0.87%
MAN	C	0.84%
ACM	B	0.8%
X	D	0.79%
CLF	F	0.77%
JWN	B	0.74%
FLR	D	0.72%
CASY	D	0.71%
RS	D	0.67%
KD	D	0.67%
EME	B	0.63%
CCK	A	0.63%
BERY	B	0.63%
R	B	0.63%
GT	F	0.61%
DKS	D	0.6%
TOL	B	0.59%
MTZ	B	0.58%
GAP	F	0.57%
BURL	B	0.56%
ADNT	F	0.56%
AGCO	D	0.56%
WLK	D	0.52%
THO	D	0.51%
GXO	D	0.48%
GPK	B	0.47%
INGR	A	0.44%
SFM	B	0.44%
ALV	F	0.43%
OSK	D	0.43%
OVV	D	0.42%
CNXC	D	0.42%
TMHC	B	0.41%
AA	D	0.41%
POST	C	0.41%
OC	C	0.41%
PII	D	0.4%
SAIC	C	0.4%
CMC	D	0.39%
COKE	C	0.39%
KNX	C	0.38%
CACI	B	0.38%
XPO	D	0.38%
FYBR	C	0.38%
RPM	B	0.37%
UGI	C	0.37%
CAR	F	0.37%
NOV	D	0.37%
KBH	B	0.36%
PVH	F	0.35%
SKX	C	0.35%
WSO	C	0.34%
UFPI	C	0.34%
RRX	C	0.33%
H	C	0.33%
WSM	C	0.32%
KBR	D	0.32%
SLGN	B	0.31%
CPRI	D	0.3%
DAR	F	0.29%
HOG	C	0.29%
SON	C	0.29%
CLH	B	0.28%
FIX	B	0.28%
NSP	D	0.28%
BC	C	0.28%
WMG	D	0.27%
MAT	C	0.27%
COTY	F	0.26%
CNM	F	0.26%
OLN	D	0.26%
G	C	0.26%
NXST	D	0.25%
LII	B	0.25%
BCO	B	0.25%
EHC	B	0.25%
TTEK	C	0.25%
AMKR	F	0.25%
LSTR	D	0.24%
MMS	D	0.24%
GEF	D	0.24%
SWN	D	0.24%
AXTA	C	0.24%
ILMN	C	0.24%
SWX	C	0.24%
FLO	C	0.24%
COHR	B	0.23%
AIT	C	0.23%
TPX	C	0.23%
TEX	D	0.23%
CSL	C	0.23%
OPCH	C	0.23%
MDU	B	0.22%
BLD	D	0.22%
GHC	C	0.22%
CIEN	C	0.22%
ASGN	D	0.21%
HRB	C	0.21%
RBA	C	0.21%
SCI	B	0.21%
TKR	D	0.21%
PRGO	D	0.21%
TXRH	D	0.21%
WFRD	F	0.2%
FLS	D	0.2%
LECO	F	0.19%
FND	C	0.19%
VMI	D	0.19%
MIDD	C	0.19%
CC	F	0.19%
CBT	B	0.19%
MSM	D	0.19%
BYD	C	0.19%
TTC	D	0.18%
HGV	D	0.18%
FCN	C	0.18%
XRAY	D	0.18%
AYI	B	0.18%
CHK	D	0.18%
VAC	F	0.18%
ITT	C	0.17%
JAZZ	D	0.17%
ST	D	0.17%
TNL	D	0.17%
ATR	B	0.17%
VC	F	0.16%
AVNT	B	0.16%
CIVI	F	0.16%
RH	B	0.16%
KNF	B	0.16%
ENS	C	0.16%
SMG	C	0.16%
DCI	D	0.16%
COLM	B	0.16%
AR	D	0.16%
GME	F	0.16%
CHX	D	0.16%
ACHC	C	0.16%
LNW	B	0.16%
KEX	C	0.15%
CRI	C	0.15%
POR	B	0.15%
CROX	C	0.15%
PR	D	0.15%
CHRD	F	0.15%
CW	B	0.15%
MTN	D	0.14%
ESAB	C	0.14%
UTHR	C	0.14%
WWD	D	0.14%
MKSI	F	0.14%
FIVE	D	0.14%
GTLS	F	0.14%
BRKR	D	0.14%
MUR	D	0.14%
UA	C	0.14%
OGE	B	0.14%
UAA	C	0.14%
TGNA	C	0.14%
MTDR	D	0.13%
NVST	D	0.13%
SAIA	D	0.13%
NVT	D	0.13%
BWXT	D	0.13%
LPX	B	0.13%
SRCL	A	0.13%
NEU	D	0.13%
DBX	D	0.13%
SR	B	0.13%
BMRN	F	0.12%
PK	D	0.12%
VNO	B	0.12%
BDC	B	0.12%
CHDN	C	0.12%
RCM	C	0.12%
NYT	C	0.12%
VNT	D	0.12%
EXP	B	0.12%
VSH	D	0.12%
CR	C	0.11%
TKO	B	0.11%
SSD	C	0.11%
AMED	C	0.11%
LAMR	A	0.11%
OLLI	C	0.11%
BKH	B	0.11%
CHE	C	0.11%
WMS	D	0.11%
OGS	B	0.11%
EXLS	C	0.1%
PSTG	F	0.1%
LFUS	D	0.1%
WEN	C	0.1%
WTS	C	0.1%
EXEL	B	0.1%
GGG	C	0.1%
RRC	D	0.09%
NJR	B	0.09%
ASH	D	0.09%
WPC	B	0.09%
AMH	C	0.09%
SAM	F	0.09%
NFG	B	0.09%
BRBR	B	0.09%
CRUS	D	0.09%
GNTX	F	0.09%
WTRG	D	0.09%
IDA	B	0.09%
GMED	D	0.09%
PNM	B	0.09%
LITE	B	0.08%
CHH	C	0.08%
MASI	D	0.08%
RBC	C	0.08%
MEDP	D	0.08%
ALE	A	0.08%
MSA	C	0.08%
GLPI	B	0.08%
ENOV	F	0.08%
HXL	F	0.08%
NBIX	F	0.08%
LANC	D	0.08%
LNTH	C	0.08%
ELS	C	0.08%
VAL	F	0.07%
SRPT	F	0.07%
AAON	B	0.07%
VVV	D	0.07%
WH	B	0.07%
CNX	A	0.07%
PCTY	C	0.07%
TDC	F	0.07%
GATX	D	0.07%
SHC	B	0.07%
BRX	B	0.07%
DT	C	0.07%
YETI	D	0.07%
NWE	A	0.07%
BLKB	B	0.06%
KRC	B	0.06%
OHI	A	0.06%
PLNT	A	0.06%
CUBE	B	0.06%
NSA	B	0.05%
KRG	B	0.05%
LOPE	D	0.05%
CUZ	B	0.05%
ZI	D	0.05%
DTM	B	0.05%
HALO	B	0.05%
CVLT	B	0.05%
LIVN	D	0.05%
RYN	C	0.05%
PCH	C	0.05%
MANH	B	0.05%
DLB	D	0.05%
HELE	D	0.05%
HAE	D	0.05%
AM	B	0.05%
PEN	D	0.05%
ZD	D	0.05%
IRT	B	0.04%
CELH	F	0.04%
IRDM	D	0.04%
ALGM	F	0.04%
STAG	C	0.04%
EPR	B	0.04%
NEOG	C	0.04%
SBRA	B	0.04%
ORA	C	0.04%
REXR	C	0.04%
IPGP	F	0.04%
TREX	F	0.04%
NOVT	D	0.04%
PGNY	F	0.04%
NNN	B	0.04%
HQY	C	0.04%
ALTR	C	0.03%
AZTA	D	0.03%
SLAB	D	0.03%
EXPO	B	0.03%
DOCS	B	0.03%
ELF	F	0.03%
MTSI	D	0.03%
OLED	C	0.03%
APPF	D	0.03%
EGP	B	0.03%
RGLD	B	0.03%
RGEN	F	0.03%
ADC	C	0.03%
DUOL	B	0.03%
CGNX	D	0.03%
SYNA	F	0.03%
TPL	C	0.03%
FR	C	0.03%
ONTO	F	0.03%
POWI	F	0.02%
LSCC	D	0.02%
WING	B	0.02%
QLYS	F	0.02%
ARWR	F	0.01%
MP	D	0.01%
WOLF	F	0.01%
RMBS	F	0.01%
CYTK	F	0.0%

RWK Underweight 310 Positions Relative to FNCL

Symbol	Grade	Weight
BRK.A	C	-8.46%
JPM	D	-8.39%
V	B	-6.31%
MA	B	-5.71%
BAC	D	-3.87%
WFC	D	-2.64%
SPGI	B	-2.33%
GS	D	-2.15%
PGR	A	-2.06%
AXP	B	-2.06%
BLK	A	-1.84%
MS	D	-1.67%
MMC	C	-1.59%
C	D	-1.55%
CB	B	-1.55%
BX	B	-1.44%
SCHW	D	-1.35%
ICE	B	-1.29%
MCO	A	-1.11%
CME	C	-1.11%
KKR	B	-1.04%
PNC	B	-1.0%
USB	B	-0.99%
PYPL	B	-0.97%
AON	B	-0.95%
AJG	C	-0.91%
AFL	B	-0.82%
TFC	D	-0.79%
TRV	B	-0.75%
COF	C	-0.74%
BK	A	-0.71%
ALL	A	-0.69%
AIG	D	-0.68%
FIS	B	-0.66%
MET	A	-0.64%
MSCI	C	-0.63%
AMP	B	-0.61%
APO	C	-0.61%
PRU	C	-0.59%
ACGL	B	-0.58%
SQ	D	-0.5%
HIG	A	-0.48%
DFS	C	-0.46%
NDAQ	B	-0.44%
WTW	B	-0.42%
COIN	F	-0.42%
FITB	B	-0.4%
MTB	B	-0.39%
GPN	D	-0.39%
ARES	B	-0.37%
STT	A	-0.35%
BRO	C	-0.34%
TROW	D	-0.33%
RJF	C	-0.32%
CBOE	C	-0.31%
CINF	B	-0.3%
RF	B	-0.29%
CPAY	B	-0.29%
HBAN	B	-0.29%
MKL	C	-0.28%
SYF	C	-0.26%
CFG	D	-0.26%
PFG	B	-0.26%
FCNCA	D	-0.26%
WRB	C	-0.25%
NTRS	B	-0.25%
EG	B	-0.23%
FDS	C	-0.23%
LPLA	D	-0.22%
L	B	-0.21%
KEY	B	-0.21%
TW	A	-0.19%
JKHY	B	-0.18%
AIZ	B	-0.15%
HOOD	C	-0.15%
MKTX	C	-0.14%
AFRM	C	-0.14%
TOST	B	-0.13%
GL	C	-0.13%
WAL	B	-0.12%
CMA	B	-0.11%
OWL	C	-0.11%
BPOP	C	-0.1%
AGNC	A	-0.1%
SOFI	C	-0.1%
RYAN	C	-0.09%
AXS	B	-0.09%
OMF	C	-0.08%
JXN	B	-0.08%
BEN	F	-0.08%
HLNE	B	-0.08%
COOP	B	-0.08%
PFSI	B	-0.07%
PIPR	B	-0.07%
LNC	D	-0.07%
RDN	B	-0.07%
IVZ	C	-0.07%
TPG	B	-0.06%
ESGR	D	-0.06%
MC	B	-0.06%
AGO	C	-0.06%
FOUR	C	-0.06%
WTM	F	-0.06%
UCBI	B	-0.05%
FBP	C	-0.05%
AX	D	-0.05%
BGC	B	-0.05%
OSCR	B	-0.05%
WD	B	-0.05%
SFBS	B	-0.05%
ABCB	B	-0.05%
HASI	B	-0.05%
BKU	C	-0.04%
UPST	C	-0.04%
VIRT	B	-0.04%
PRK	C	-0.04%
APAM	C	-0.04%
PJT	B	-0.04%
CBU	C	-0.04%
FIBK	B	-0.04%
WAFD	B	-0.04%
CATY	B	-0.04%
GNW	B	-0.04%
BOKF	B	-0.04%
EBC	B	-0.04%
WSFS	C	-0.04%
AUB	C	-0.04%
BXMT	C	-0.04%
FULT	C	-0.04%
STEP	B	-0.04%
FHB	C	-0.04%
NMIH	B	-0.04%
TRMK	C	-0.03%
WSBC	D	-0.03%
BANC	B	-0.03%
NATL	D	-0.03%
EFSC	B	-0.03%
STC	B	-0.03%
BANR	B	-0.03%
DFIN	B	-0.03%
GSHD	B	-0.03%
RNST	D	-0.03%
OFG	C	-0.03%
PRG	B	-0.03%
FLYW	F	-0.03%
NBTB	D	-0.03%
IBTX	B	-0.03%
MQ	F	-0.03%
EVTC	D	-0.03%
SBCF	C	-0.03%
ENVA	C	-0.03%
BANF	B	-0.03%
TBBK	B	-0.03%
PFS	B	-0.03%
PPBI	D	-0.03%
VCTR	B	-0.03%
FRME	C	-0.03%
SNEX	C	-0.03%
PLMR	B	-0.03%
CVBF	C	-0.03%
ABR	B	-0.03%
HTLF	B	-0.03%
RKT	B	-0.03%
FFBC	C	-0.03%
INDB	C	-0.03%
CNS	B	-0.03%
SFNC	B	-0.03%
BOH	C	-0.03%
TOWN	B	-0.03%
SRCE	C	-0.02%
PEBO	C	-0.02%
EFC	B	-0.02%
BHLB	C	-0.02%
EIG	B	-0.02%
GABC	C	-0.02%
SAFT	C	-0.02%
NBHC	C	-0.02%
LC	C	-0.02%
NIC	C	-0.02%
WABC	D	-0.02%
VBTX	B	-0.02%
ACT	A	-0.02%
PMT	B	-0.02%
QCRH	B	-0.02%
CODI	D	-0.02%
NAVI	C	-0.02%
TCBK	C	-0.02%
HMN	C	-0.02%
SKWD	C	-0.02%
LOB	B	-0.02%
HTH	C	-0.02%
VRTS	D	-0.02%
ARI	F	-0.02%
CUBI	F	-0.02%
NNI	B	-0.02%
RC	D	-0.02%
HOPE	B	-0.02%
SPNT	C	-0.02%
SASR	B	-0.02%
CHCO	B	-0.02%
TRUP	C	-0.02%
SYBT	B	-0.02%
FBNC	B	-0.02%
STBA	B	-0.02%
LKFN	C	-0.02%
CASH	B	-0.02%
LADR	B	-0.02%
BUSE	C	-0.02%
FRHC	B	-0.02%
MCY	C	-0.02%
NWBI	C	-0.02%
FCF	C	-0.02%
FBK	B	-0.02%
AGM	D	-0.02%
PGC	C	-0.01%
WRLD	D	-0.01%
CLBK	C	-0.01%
HAFC	C	-0.01%
SPFI	B	-0.01%
PAY	C	-0.01%
HONE	C	-0.01%
UFCS	D	-0.01%
CCBG	B	-0.01%
PX	C	-0.01%
CTLP	F	-0.01%
GSBC	C	-0.01%
MCB	C	-0.01%
NFBK	C	-0.01%
SMBC	C	-0.01%
NRDS	D	-0.01%
BHB	B	-0.01%
TIPT	B	-0.01%
AMBC	F	-0.01%
TRTX	C	-0.01%
GDOT	C	-0.01%
CAC	C	-0.01%
MSBI	D	-0.01%
LPRO	D	-0.01%
FSBC	B	-0.01%
WASH	B	-0.01%
TRST	C	-0.01%
THFF	B	-0.01%
CCB	C	-0.01%
EZPW	D	-0.01%
EQBK	B	-0.01%
TMP	C	-0.01%
AMTB	D	-0.01%
IIIV	D	-0.01%
FMNB	B	-0.01%
PRA	C	-0.01%
EGBN	C	-0.01%
TREE	C	-0.01%
IMXI	D	-0.01%
RBCAA	B	-0.01%
KREF	B	-0.01%
TFSL	C	-0.01%
CPF	B	-0.01%
CFFN	C	-0.01%
PFBC	C	-0.01%
AMAL	B	-0.01%
UVE	B	-0.01%
BFST	B	-0.01%
FG	C	-0.01%
CASS	D	-0.01%
FCBC	B	-0.01%
RPAY	D	-0.01%
HTBK	C	-0.01%
HFWA	C	-0.01%
OSBC	C	-0.01%
BFC	B	-0.01%
BSIG	B	-0.01%
MCBS	B	-0.01%
PRAA	D	-0.01%
HBNC	B	-0.01%
FMBH	B	-0.01%
BY	C	-0.01%
AMSF	C	-0.01%
MBWM	C	-0.01%
CFB	C	-0.01%
FBMS	B	-0.01%
BHRB	C	-0.01%
CTBI	B	-0.01%
BRSP	D	-0.01%
BRKL	C	-0.01%
DX	A	-0.01%
CMTG	F	-0.01%
UWMC	C	-0.01%
HCI	C	-0.01%
OBK	C	-0.01%
SBSI	B	-0.01%
DCOM	B	-0.01%
IBCP	B	-0.01%
ECPG	C	-0.01%
CNOB	B	-0.01%
CNNE	D	-0.01%
LMND	D	-0.01%
UVSP	B	-0.01%
MBIN	C	-0.01%
RWT	B	-0.01%
PFC	C	-0.01%
OCFC	B	-0.01%
AROW	C	-0.0%
RILY	F	-0.0%
CRD.B	C	-0.0%
GCBC	D	-0.0%
DHIL	B	-0.0%
DGICA	B	-0.0%
KRNY	C	-0.0%
HBT	C	-0.0%
HGTY	D	-0.0%