SMCF vs. TPYP ETF Comparison

Comparison of Themes US Small Cap Cash Flow Champions ETF (SMCF) to Tortoise North American Pipeline Fund ETF (TPYP)

SMCF

Themes US Small Cap Cash Flow Champions ETF

SMCF Description

The index is a free-float adjusted, market capitalization weighted index that is designed to provide exposure to small capitalization U.S. companies that have a high cash flow yield. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.05

Average Daily Volume

372

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TPYP

Tortoise North American Pipeline Fund ETF

TPYP Description

The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise North American Pipeline Index (the "underlying index"). The fund will normally invest at least 80% of its total assets in securities that comprise the underlying index (or depository receipts based on such securities). The underlying index is a proprietary rules-based, capitalization weighted, float adjusted index designed to track the overall performance of equity securities of North American Pipeline Companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.80

Average Daily Volume

49,565

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMCF	TPYP
30 Days	9.53%	11.71%
60 Days	9.53%	17.21%
90 Days	10.34%	20.00%
12 Months		49.05%

1 Overlapping Holdings

	Symbol	Grade	Weight in SMCF	Weight in TPYP	Overlap
	HESM	B	0.71%	0.63%	0.63%

SMCF Overweight 72 Positions Relative to TPYP

Symbol	Grade	Weight
MRO	B	4.5%
BLDR	D	4.39%
TOL	B	4.16%
CF	A	4.07%
WSM	C	4.0%
RGA	A	3.93%
FLEX	B	3.9%
EWBC	A	3.78%
FHN	A	2.84%
EVR	B	2.79%
AR	B	2.77%
MLI	B	2.66%
ORI	A	2.45%
APA	D	2.12%
UFPI	C	2.07%
JXN	C	1.82%
DINO	D	1.77%
PR	B	1.77%
MTDR	B	1.75%
MTG	C	1.72%
AXS	A	1.71%
THG	A	1.53%
STRL	A	1.44%
MATX	C	1.42%
BCC	B	1.42%
OZK	B	1.34%
SM	B	1.34%
ABCB	B	1.2%
AX	B	1.09%
IBOC	B	1.02%
BGC	C	1.0%
CEIX	A	0.94%
CALM	A	0.94%
WD	D	0.92%
HCC	B	0.92%
WSFS	B	0.92%
FBP	C	0.9%
DDS	B	0.88%
BTU	B	0.86%
PBF	D	0.83%
NMIH	C	0.79%
ARCH	B	0.78%
APAM	B	0.78%
EBC	B	0.76%
VIRT	A	0.76%
BFH	C	0.72%
HTLF	B	0.7%
ENVA	B	0.69%
TBBK	B	0.68%
AMR	C	0.67%
VSTO	A	0.61%
YOU	D	0.58%
MGNI	B	0.55%
TRMK	C	0.55%
MCY	A	0.54%
CVI	F	0.52%
EQC	B	0.51%
VRTS	B	0.49%
DVAX	C	0.46%
STBA	B	0.42%
LOB	C	0.42%
PRDO	B	0.41%
HOPE	C	0.4%
TCBK	C	0.39%
TX	F	0.39%
SPNT	B	0.37%
CNA	C	0.27%
MUR	D	0.26%
FLNG	C	0.22%
IRWD	F	0.15%
CIVI	D	0.14%
STNG	F	0.01%

SMCF Underweight 34 Positions Relative to TPYP

Symbol	Grade	Weight
WMB	A	-8.24%
OKE	A	-7.92%
KMI	A	-7.75%
LNG	A	-7.11%
TRGP	A	-4.7%
ATO	A	-3.83%
NI	A	-3.81%
ET	A	-3.8%
EPD	A	-3.67%
MPLX	A	-3.08%
NFG	A	-1.74%
DTM	A	-1.7%
AM	A	-1.59%
NJR	A	-1.48%
SWX	B	-1.44%
PAA	B	-1.4%
OGS	A	-1.33%
WES	C	-1.27%
AROC	A	-1.25%
ENLC	A	-1.2%
SR	A	-1.19%
SUN	B	-0.99%
CPK	A	-0.89%
KNTK	A	-0.66%
PAGP	A	-0.63%
NWN	A	-0.5%
CQP	B	-0.36%
USAC	B	-0.32%
NFE	D	-0.3%
GLP	A	-0.24%
GEL	D	-0.22%
DKL	C	-0.09%
EE	A	-0.08%
CAPL	C	-0.07%