SHLD vs. FCTE ETF Comparison

Comparison of Global X Defense Tech ETF (SHLD) to SMI 3Fourteen Full-Cycle Trend ETF (FCTE)

SHLD

Global X Defense Tech ETF

SHLD Description

The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace & Defense IndexTM before fees and expenses. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies in the index that are tied to the protection of national security interests of the United States. From the universe of eligible securities, the index identifies the top 50 eligible companies ranked by total outstanding contracts relating to the protection of U.S. national security interests, and projected revenue amounts.

Grade (RS Rating)

Last Trade

$39.19

Average Daily Volume

285,708

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

FCTE

SMI 3Fourteen Full-Cycle Trend ETF

FCTE Description

The fund is actively managed and typically owns 20 domestic stocks that are normally included in the S&P 500 Index ("S&P 500"). The FCT strategy is based on a proprietary model developed by 3Fourteen that selects stocks based on quality stock screens and trend factors such as return on capital and cash flow stability, earnings growth, return on investment, momentum, linear regression and trend analysis. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.38

Average Daily Volume

105,865

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

Performance

Period	SHLD	FCTE
30 Days	-0.08%	-3.40%
60 Days	5.38%	-3.16%
90 Days	6.83%	-1.69%
12 Months	45.12%

1 Overlapping Holdings

	Symbol	Grade	Weight in SHLD	Weight in FCTE	Overlap
	GD	D	6.94%	5.19%	5.19%

SHLD Overweight 16 Positions Relative to FCTE

	Symbol	Grade	Weight
	PLTR	A	10.38%
	LMT	D	7.91%
	RTX	D	7.85%
	NOC	D	7.31%
	LDOS	C	4.86%
	LHX	B	4.35%
	BWXT	A	4.01%
	PSN	C	3.92%
	HII	F	2.66%
	MOG.A	B	2.07%
	AVAV	C	2.02%
	KTOS	C	1.35%
	OSIS	A	0.81%
	MRCY	B	0.8%
	NPK	C	0.13%
	BBAI	C	0.05%

SHLD Underweight 19 Positions Relative to FCTE

	Symbol	Grade	Weight
	TT	A	-5.41%
	ROL	A	-5.21%
	RSG	B	-5.15%
	BRO	B	-5.15%
	TSCO	D	-5.12%
	NTAP	D	-5.1%
	GOOGL	B	-5.08%
	AMAT	F	-5.01%
	MMM	D	-4.99%
	PHM	D	-4.97%
	META	C	-4.96%
	WMT	A	-4.96%
	RMD	C	-4.95%
	LRCX	F	-4.94%
	KLAC	F	-4.82%
	HCA	F	-4.81%
	KMB	C	-4.79%
	CL	C	-4.73%
	MTD	F	-4.66%

SHLD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Communication Equipment Computer Systems Diversified Industrials Electronic Components Security & Protection Services Software - Infrastructure

Keywords: S&P 500 Aerospace Department Of Defense National Security Avionics Big Data Combat Systems Communications Systems Computing Cybersecurity Electronic Systems Engineering Services Homeland Security Modeling And Simulation Radar Space Systems United States Navy Weapons Aerospace Systems Air Force

FCTE: Top Represented Industries & Keywords

Industries: Semiconductor Equipment & Materials Household & Personal Products Internet Content & Information Aerospace & Defense Business Services Data Storage Diagnostics & Research Discount Stores Diversified Industrials Insurance Brokers Medical Care Medical Instruments & Supplies Residential Construction Specialty Industrial Machinery Specialty Retail Waste Management

Keywords: S&P 500 Nasdaq 100 Computing Integrated Circuits Personal Hygiene Products Retailing Semiconductor Semiconductor Device Fabrication Alcohol Chemical Vapor Deposition Dentist Dow Jones Component Electronics Industries Food Service Health Care Products Home Care Hygiene Hyperscale Infection Infection Prevention