SCHZ vs. CBLS ETF Comparison

Comparison of Schwab US Aggregate Bond ETF (SCHZ) to Changebridge Capital Long/Short Equity ETF (CBLS)

SCHZ

Schwab US Aggregate Bond ETF

SCHZ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Barclays U.S. Aggregate Bond IndexSM. The fund invests at least 90% of its net assets in securities included in the index. The index is a broad based benchmark measuring the performance of the U.S. investment grade, taxable bond market, including U.S. Treasuries, government-related and corporate bonds, mortgage pass-through securities, commercial mortgage-backed securities, and asset-backed securities that are publicly available for sale in the United States.

Grade (RS Rating)

Last Trade

$46.88

Average Daily Volume

532,881

Number of Holdings ^*

539

* may have additional holdings in another (foreign) market

CBLS

Changebridge Capital Long/Short Equity ETF

CBLS Description

The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.39

Average Daily Volume

3,916

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SCHZ	CBLS
30 Days	-0.62%	0.35%
60 Days	0.25%	2.67%
90 Days	3.37%	-2.43%
12 Months	11.26%	36.11%

29 Overlapping Holdings

Symbol	Grade	Weight in SCHZ	Weight in CBLS	Overlap
AER	C	0.0%	2.33%	0.0%
AMZN	C	0.0%	2.16%	0.0%
AVGO	B	0.0%	2.26%	0.0%
BABA	A	0.0%	2.59%	0.0%
BC	C	0.0%	-1.14%	-1.14%
CHH	A	0.0%	-1.1%	-1.1%
COST	C	0.0%	2.18%	0.0%
CTVA	A	0.0%	-1.1%	-1.1%
D	A	0.0%	2.36%	0.0%
DE	C	0.0%	-1.69%	-1.69%
DELL	C	0.0%	2.58%	0.0%
DFS	A	0.0%	-1.29%	-1.29%
ECL	C	0.0%	2.21%	0.0%
ETR	A	0.0%	2.53%	0.0%
GD	C	0.0%	1.47%	0.0%
HOG	D	0.0%	-1.35%	-1.35%
IBM	A	0.0%	-0.91%	-0.91%
KLAC	B	0.0%	1.29%	0.0%
KMT	C	0.0%	-1.08%	-1.08%
MSFT	D	0.0%	2.03%	0.0%
NEE	C	0.0%	2.46%	0.0%
NEM	C	0.0%	2.6%	0.0%
ORCL	A	0.0%	1.94%	0.0%
R	C	0.0%	-1.63%	-1.63%
ROK	D	0.0%	-1.01%	-1.01%
RTX	A	0.0%	1.5%	0.0%
SO	A	0.0%	2.38%	0.0%
UNH	B	0.0%	2.19%	0.0%
WMT	A	0.0%	2.24%	0.0%

SCHZ Overweight 510 Positions Relative to CBLS

Symbol	Grade	Weight
WIT	C	0.08%
NOW	B	0.01%
UHS	D	0.01%
CHD	D	0.01%
DLTR	F	0.01%
MCHP	F	0.01%
BIIB	F	0.01%
STLA	F	0.01%
EDC	A	0.01%
CTS	B	0.01%
DD	C	0.01%
MDT	C	0.01%
DT	B	0.01%
COO	C	0.0%
VLY	C	0.0%
OCSL	D	0.0%
WBS	D	0.0%
GPC	D	0.0%
SAN	C	0.0%
SIGI	D	0.0%
SAVE	F	0.0%
GXO	D	0.0%
SAFE	C	0.0%
EPRT	C	0.0%
SUI	D	0.0%
VNO	B	0.0%
SKT	A	0.0%
ALB	D	0.0%
CDNS	D	0.0%
CBT	B	0.0%
COKE	C	0.0%
CACC	F	0.0%
FAF	C	0.0%
TKR	B	0.0%
THG	A	0.0%
TEL	D	0.0%
PRE	D	0.0%
AVA	D	0.0%
VMI	B	0.0%
WRB	C	0.0%
TME	B	0.0%
FTNT	A	0.0%
KMPR	D	0.0%
FLO	D	0.0%
DAL	C	0.0%
NEU	F	0.0%
PSEC	C	0.0%
STE	D	0.0%
PWR	A	0.0%
GBDC	B	0.0%
XRAY	D	0.0%
AIZ	B	0.0%
AMH	D	0.0%
TSCO	A	0.0%
BDN	B	0.0%
JD	A	0.0%
MHK	C	0.0%
LAZ	C	0.0%
KEX	C	0.0%
EPR	C	0.0%
HP	D	0.0%
ROST	D	0.0%
SBRA	C	0.0%
MCY	B	0.0%
NFG	A	0.0%
BKU	D	0.0%
CHRW	C	0.0%
BBY	C	0.0%
SCS	D	0.0%
DRI	C	0.0%
AVY	D	0.0%
INVH	D	0.0%
REXR	D	0.0%
EA	D	0.0%
HR	D	0.0%
RS	D	0.0%
IDA	D	0.0%
AAP	F	0.0%
EXP	C	0.0%
DXC	C	0.0%
DOX	B	0.0%
ILMN	B	0.0%
XYL	C	0.0%
LXP	D	0.0%
BCSF	A	0.0%
PDM	C	0.0%
SLG	C	0.0%
SNV	D	0.0%
GSBD	D	0.0%
ADC	C	0.0%
ZION	D	0.0%
INGR	B	0.0%
NVR	C	0.0%
WTRG	D	0.0%
OSK	F	0.0%
CE	D	0.0%
AGO	B	0.0%
EG	A	0.0%
NHI	C	0.0%
TRMB	B	0.0%
DOV	C	0.0%
SITC	D	0.0%
OPI	F	0.0%
G	A	0.0%
AYI	A	0.0%
STLD	C	0.0%
OC	C	0.0%
CTRA	D	0.0%
LNC	B	0.0%
MCO	D	0.0%
MAIN	A	0.0%
MTB	A	0.0%
HUBB	A	0.0%
NYCB	D	0.0%
CUBE	C	0.0%
TPR	B	0.0%
JNPR	C	0.0%
ORI	A	0.0%
H	B	0.0%
WEC	B	0.0%
VRSN	C	0.0%
HII	F	0.0%
RPM	A	0.0%
SWX	C	0.0%
ESGR	C	0.0%
OGE	C	0.0%
HPP	F	0.0%
PNR	C	0.0%
EW	F	0.0%
VFC	A	0.0%
VNT	F	0.0%
LII	C	0.0%
WB	B	0.0%
FMC	C	0.0%
FRT	D	0.0%
PCAR	D	0.0%
PFG	A	0.0%
NWE	C	0.0%
OGS	C	0.0%
FHN	D	0.0%
ADI	B	0.0%
SWKS	F	0.0%
NVT	C	0.0%
SNA	C	0.0%
NTAP	D	0.0%
GL	C	0.0%
NNN	C	0.0%
RL	B	0.0%
URI	C	0.0%
EFX	D	0.0%
ARW	C	0.0%
WU	D	0.0%
AGR	C	0.0%
AMG	B	0.0%
AJG	C	0.0%
L	C	0.0%
SPGI	C	0.0%
ESS	D	0.0%
DGX	D	0.0%
HAS	A	0.0%
AWH	F	0.0%
ORLY	A	0.0%
AN	D	0.0%
RNR	A	0.0%
PHM	C	0.0%
PSA	C	0.0%
PVH	D	0.0%
BEN	F	0.0%
SF	A	0.0%
AXS	A	0.0%
MOS	F	0.0%
JBLU	B	0.0%
CTAS	C	0.0%
UNM	A	0.0%
VMC	D	0.0%
HIW	C	0.0%
DSS	F	0.0%
PPG	D	0.0%
FNF	C	0.0%
AES	C	0.0%
AMCR	C	0.0%
LEN	C	0.0%
MKL	B	0.0%
ADP	A	0.0%
HRL	F	0.0%
APD	C	0.0%
REG	C	0.0%
IPG	D	0.0%
GP	D	0.0%
EMR	B	0.0%
RF	B	0.0%
EE	B	0.0%
PLD	D	0.0%
SWK	C	0.0%
BR	B	0.0%
EVRG	C	0.0%
IEX	D	0.0%
FLS	A	0.0%
AFG	A	0.0%
CMA	C	0.0%
WHR	C	0.0%
ALLE	A	0.0%
LEG	D	0.0%
HRB	C	0.0%
CNO	B	0.0%
CNH	C	0.0%
KSS	D	0.0%
DOC	C	0.0%
KRG	C	0.0%
WM	B	0.0%
BWA	C	0.0%
EL	D	0.0%
CMI	A	0.0%
MKC	C	0.0%
BAX	D	0.0%
IVZ	A	0.0%
WLK	C	0.0%
CBOE	B	0.0%
JBL	C	0.0%
LDOS	A	0.0%
NDAQ	C	0.0%
HST	D	0.0%
FLEX	B	0.0%
KRC	C	0.0%
DG	F	0.0%
AFL	A	0.0%
RJF	B	0.0%
DHI	C	0.0%
CNA	D	0.0%
RGA	B	0.0%
CPT	C	0.0%
NOV	F	0.0%
GLPI	C	0.0%
MAA	D	0.0%
LHX	A	0.0%
MRVL	C	0.0%
MRO	B	0.0%
APH	D	0.0%
MSI	A	0.0%
AMP	A	0.0%
DLR	C	0.0%
JBHT	D	0.0%
LIN	C	0.0%
A	B	0.0%
SON	D	0.0%
ARE	D	0.0%
FSK	A	0.0%
REGN	D	0.0%
CSL	A	0.0%
BRO	A	0.0%
PKG	B	0.0%
FTV	C	0.0%
WPC	C	0.0%
HIG	A	0.0%
VOYA	A	0.0%
LEA	F	0.0%
TXT	F	0.0%
EMN	C	0.0%
INTU	F	0.0%
MDLZ	D	0.0%
SNX	C	0.0%
FIS	A	0.0%
VTR	C	0.0%
AVT	B	0.0%
HUN	B	0.0%
SCHW	D	0.0%
CINF	A	0.0%
CNP	B	0.0%
CL	D	0.0%
LRCX	D	0.0%
BKH	C	0.0%
WAB	A	0.0%
PH	A	0.0%
TMO	D	0.0%
EQR	C	0.0%
CFG	C	0.0%
MAR	A	0.0%
AAL	D	0.0%
HSY	D	0.0%
MAS	C	0.0%
RPRX	D	0.0%
SRE	C	0.0%
CME	A	0.0%
IP	C	0.0%
VRSK	D	0.0%
SYF	A	0.0%
EBAY	A	0.0%
LNT	B	0.0%
LYB	B	0.0%
MLM	F	0.0%
NTRS	B	0.0%
TDY	A	0.0%
CMS	A	0.0%
BSX	A	0.0%
PPL	C	0.0%
LLY	D	0.0%
CF	A	0.0%
EOG	B	0.0%
OTIS	A	0.0%
IFF	D	0.0%
ACGL	A	0.0%
APTV	D	0.0%
JCI	C	0.0%
XEL	C	0.0%
BIDU	C	0.0%
KIM	C	0.0%
HBAN	B	0.0%
DHR	D	0.0%
AON	A	0.0%
MCK	F	0.0%
O	C	0.0%
AEP	C	0.0%
GLW	C	0.0%
NUE	D	0.0%
SJM	D	0.0%
OMC	C	0.0%
OKE	A	0.0%
ROP	D	0.0%
BLK	A	0.0%
KR	C	0.0%
CAH	B	0.0%
LUV	B	0.0%
TT	A	0.0%
MPC	D	0.0%
CCI	D	0.0%
ALL	A	0.0%
CPB	D	0.0%
NKE	D	0.0%
HES	D	0.0%
ATO	A	0.0%
PEG	A	0.0%
CAF	A	0.0%
MU	D	0.0%
ADBE	F	0.0%
TJX	D	0.0%
ZTS	C	0.0%
STZ	D	0.0%
FE	C	0.0%
NXPI	F	0.0%
JEF	A	0.0%
UPS	D	0.0%
NSC	C	0.0%
CP	C	0.0%
PG	D	0.0%
BKNG	B	0.0%
ICE	A	0.0%
BERY	C	0.0%
CAG	D	0.0%
AMAT	C	0.0%
BRX	C	0.0%
KDP	C	0.0%
TGT	C	0.0%
FITB	C	0.0%
SHW	C	0.0%
GWW	B	0.0%
CLX	C	0.0%
LVS	B	0.0%
STT	A	0.0%
GPN	F	0.0%
DVN	F	0.0%
BHF	D	0.0%
SLB	D	0.0%
WY	C	0.0%
PGR	B	0.0%
ES	D	0.0%
WELL	C	0.0%
FANG	D	0.0%
ARCC	A	0.0%
ZBH	F	0.0%
AVB	C	0.0%
SCCO	B	0.0%
HUM	F	0.0%
WBA	F	0.0%
RSG	D	0.0%
OHI	C	0.0%
EIX	C	0.0%
AWK	D	0.0%
KMB	D	0.0%
BG	F	0.0%
COE	D	0.0%
PAA	B	0.0%
MMM	C	0.0%
MA	A	0.0%
KOF	D	0.0%
MMC	D	0.0%
UDR	C	0.0%
DTE	B	0.0%
SYY	D	0.0%
EQIX	C	0.0%
KEYS	B	0.0%
HON	C	0.0%
PYPL	A	0.0%
BMO	B	0.0%
BNS	C	0.0%
TXN	C	0.0%
AZO	D	0.0%
EPD	A	0.0%
AL	D	0.0%
CSX	D	0.0%
SPG	A	0.0%
DOW	B	0.0%
NI	A	0.0%
SBUX	B	0.0%
BXP	B	0.0%
CARR	A	0.0%
TAP	D	0.0%
TRV	B	0.0%
PNC	C	0.0%
NVDA	B	0.0%
HAL	D	0.0%
FDX	F	0.0%
HPQ	B	0.0%
PNW	C	0.0%
PEP	F	0.0%
CM	C	0.0%
ITW	C	0.0%
VLO	F	0.0%
BDX	C	0.0%
DB	A	0.0%
MPLX	B	0.0%
FOXA	B	0.0%
USB	C	0.0%
LOW	C	0.0%
GIS	C	0.0%
ADSK	B	0.0%
MP	C	0.0%
RY	C	0.0%
TSN	D	0.0%
DUK	C	0.0%
CRM	B	0.0%
ED	C	0.0%
UNP	F	0.0%
EQH	B	0.0%
CB	A	0.0%
PRU	B	0.0%
WMB	A	0.0%
ETN	B	0.0%
AEE	A	0.0%
EXPE	B	0.0%
NOC	B	0.0%
AMT	D	0.0%
AXP	A	0.0%
ADM	F	0.0%
PSX	D	0.0%
LH	D	0.0%
AIG	C	0.0%
TFC	D	0.0%
K	B	0.0%
SYK	C	0.0%
GOOGL	B	0.0%
MET	A	0.0%
KMI	A	0.0%
QCOM	D	0.0%
HCA	C	0.0%
GM	D	0.0%
UAL	A	0.0%
PM	D	0.0%
ALLY	F	0.0%
LMT	A	0.0%
BK	A	0.0%
EXC	C	0.0%
PFE	D	0.0%
DIS	D	0.0%
EQNR	D	0.0%
MUFG	D	0.0%
CAT	A	0.0%
KO	C	0.0%
KEY	B	0.0%
MO	D	0.0%
NWG	B	0.0%
MCD	A	0.0%
INTC	D	0.0%
JNJ	D	0.0%
BHP	B	0.0%
GILD	A	0.0%
XOM	A	0.0%
PCG	C	0.0%
CVX	B	0.0%
CSCO	A	0.0%
TD	B	0.0%
HPE	B	0.0%
MRK	F	0.0%
COP	D	0.0%
VOD	D	0.0%
HSBC	A	0.0%
CI	D	0.0%
C	B	0.0%
AMGN	D	0.0%
GSK	F	0.0%
JPM	C	0.0%
BMY	A	0.0%
ABT	C	0.0%
VZ	C	0.0%
V	B	0.0%
COF	A	0.0%
HD	A	0.0%
MS	A	0.0%
CMCSA	B	0.0%
CHTR	D	0.0%
AZN	D	0.0%
AAPL	C	0.0%
BAC	B	0.0%
ABBV	C	0.0%
TMUS	A	0.0%
BA	F	0.0%
WFC	B	0.0%
GS	B	0.0%
CVS	D	0.0%
GE	B	0.0%
T	B	0.0%

SCHZ Underweight 32 Positions Relative to CBLS

Symbol	Grade	Weight
STRL	B	-3.36%
LNG	A	-2.92%
SKY	C	-2.86%
CHK	C	-2.69%
SCI	D	-2.68%
BLBD	D	-2.64%
WTTR	B	-2.63%
IBN	C	-2.6%
OSW	B	-2.6%
ERJ	C	-2.59%
MMYT	B	-2.52%
BOWL	D	-2.49%
ICFI	C	-2.49%
TMDX	D	-2.43%
ASML	F	-2.42%
MGNI	D	-2.41%
ROL	C	-2.4%
NU	D	-2.24%
HUMA	F	-1.97%
AMD	C	-1.93%
TDG	A	-1.54%
AFRM	C	--0.3%
VSAT	F	--0.84%
TTC	F	--0.94%
TASK	F	--0.97%
VRNT	F	--1.0%
ENR	B	--1.01%
PAYX	B	--1.12%
FIVN	F	--1.15%
MIDD	D	--1.16%
DOOO	F	--1.29%
GIII	C	--1.63%