SMCO vs. AFMC ETF Comparison

Comparison of Hilton Small-MidCap Opportunity ETF (SMCO) to Active Factor Mid Cap ETF (AFMC)

SMCO

Hilton Small-MidCap Opportunity ETF

SMCO Description

The Sub-Adviser uses its proprietary Small & Mid Cap Opportunities investment process ("SMCO Process") to seek risk-adjusted returns by investing in U.S. equity securities within the small- and mid-cap asset classes. The fund"s portfolio will typically consist of between 50-75 stocks. The fund"s portfolio will consistently consist of stocks that the Sub-Adviser deems fundamentally attractive and reasonably valued. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in equity securities of small- and mid-capitalization companies.

Grade (RS Rating)

Last Trade

$26.38

Average Daily Volume

14,887

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AFMC

Active Factor Mid Cap ETF

AFMC Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.41

Average Daily Volume

8,586

Number of Holdings ^*

244

* may have additional holdings in another (foreign) market

Performance

Period	SMCO	AFMC
30 Days	4.83%	2.66%
60 Days	9.23%	7.83%
90 Days	10.39%	9.70%
12 Months		37.66%

11 Overlapping Holdings

Symbol	Grade	Weight in SMCO	Weight in AFMC	Overlap
ATR	A	1.21%	0.16%	0.16%
CBSH	A	1.65%	0.46%	0.46%
CMC	B	1.62%	0.57%	0.57%
ELF	C	0.71%	0.09%	0.09%
EME	B	2.47%	1.25%	1.25%
HLI	B	2.63%	0.37%	0.37%
NVT	C	2.02%	0.25%	0.25%
RL	B	2.16%	0.27%	0.27%
RS	C	1.44%	0.33%	0.33%
SFM	B	1.45%	1.91%	1.45%
SNX	C	1.34%	0.58%	0.58%

SMCO Overweight 51 Positions Relative to AFMC

Symbol	Grade	Weight
CLH	B	2.9%
KD	A	2.82%
PRIM	B	2.62%
DY	C	2.35%
LYV	A	2.24%
CBU	B	2.12%
CFR	B	2.12%
TDY	B	1.99%
BAH	C	1.96%
SAIA	B	1.96%
MC	B	1.95%
MTSI	B	1.91%
EQT	B	1.89%
MGNI	A	1.84%
CIEN	B	1.75%
BWXT	B	1.71%
PRMW	C	1.64%
BURL	C	1.63%
J	D	1.61%
BJ	B	1.6%
CYBR	B	1.58%
MKSI	C	1.57%
PLNT	A	1.57%
RNR	D	1.51%
VVV	B	1.5%
TECH	D	1.49%
ENTG	F	1.47%
IDA	A	1.46%
COLD	F	1.45%
BR	A	1.39%
CRL	C	1.31%
IRT	A	1.25%
DBRG	F	1.23%
DOX	C	1.23%
POOL	D	1.22%
LSTR	B	1.15%
STE	D	1.15%
TENB	C	1.11%
CWEN	D	1.1%
SMPL	B	1.09%
WST	B	1.05%
CTRA	B	1.01%
CMS	D	1.0%
ARES	B	0.99%
ICFI	C	0.95%
HP	C	0.95%
ASH	F	0.94%
TFX	F	0.9%
MGY	B	0.88%
ARE	F	0.79%
REXR	F	0.74%

SMCO Underweight 233 Positions Relative to AFMC

Symbol	Grade	Weight
UTHR	B	-1.67%
TOL	B	-1.52%
THC	B	-1.26%
AYI	A	-1.18%
KBH	D	-1.17%
ORI	A	-1.12%
ALSN	B	-1.1%
MLI	B	-1.09%
MTG	C	-1.08%
GDDY	B	-1.08%
INGR	B	-1.0%
NRG	C	-0.98%
FIX	B	-0.93%
IDCC	B	-0.9%
UNM	A	-0.88%
ACT	C	-0.86%
VST	B	-0.84%
COKE	C	-0.84%
HIW	D	-0.83%
TMHC	B	-0.83%
CSL	B	-0.82%
TPL	B	-0.81%
CW	C	-0.79%
ESNT	D	-0.79%
IBOC	B	-0.78%
CACI	C	-0.78%
OC	A	-0.77%
WSM	F	-0.77%
LII	B	-0.76%
RDN	C	-0.75%
CNM	D	-0.74%
GLPI	D	-0.74%
TXRH	A	-0.72%
JBL	C	-0.69%
FHI	A	-0.68%
SF	A	-0.68%
JXN	C	-0.68%
CVLT	B	-0.67%
WPC	F	-0.66%
ERIE	F	-0.65%
NXST	C	-0.65%
BLDR	C	-0.63%
WBS	A	-0.63%
AMG	B	-0.61%
PHM	D	-0.6%
OHI	C	-0.6%
NTAP	D	-0.59%
G	B	-0.59%
FICO	B	-0.58%
BRBR	A	-0.58%
MUSA	B	-0.58%
BERY	D	-0.57%
PPC	C	-0.57%
NFG	D	-0.57%
EXP	B	-0.57%
TPR	A	-0.57%
PRI	B	-0.57%
CUZ	B	-0.57%
FFIV	B	-0.57%
PSN	C	-0.55%
HRB	D	-0.55%
DBX	B	-0.54%
NYT	C	-0.53%
SBRA	C	-0.53%
ENS	D	-0.52%
MTH	D	-0.52%
HALO	C	-0.52%
DECK	B	-0.5%
CRUS	F	-0.49%
ACIW	B	-0.49%
UHS	D	-0.49%
NVST	C	-0.49%
TGNA	B	-0.49%
CRS	B	-0.49%
RPM	A	-0.49%
JLL	C	-0.48%
SANM	C	-0.48%
BCC	B	-0.47%
PINC	B	-0.46%
DINO	D	-0.46%
ONTO	F	-0.46%
GMED	B	-0.45%
KMT	B	-0.45%
BTU	C	-0.45%
RGLD	C	-0.44%
PK	C	-0.44%
MEDP	D	-0.44%
SNA	A	-0.44%
NTCT	B	-0.43%
AMR	C	-0.43%
GHC	B	-0.43%
AGCO	F	-0.43%
PVH	C	-0.42%
LAMR	D	-0.42%
HNI	B	-0.42%
DDS	B	-0.41%
CHE	D	-0.41%
EXEL	B	-0.4%
CHRD	D	-0.4%
CDP	C	-0.4%
MAN	F	-0.4%
GEF	B	-0.39%
LNTH	F	-0.39%
MOH	F	-0.39%
TEX	D	-0.38%
WFRD	F	-0.38%
ANF	C	-0.38%
SAIC	D	-0.38%
WSO	B	-0.36%
ARW	F	-0.36%
AIZ	A	-0.36%
JAZZ	B	-0.36%
STLD	C	-0.35%
ASO	F	-0.35%
UFPI	B	-0.34%
UGI	D	-0.34%
BYD	A	-0.34%
GAP	B	-0.33%
TTEK	F	-0.33%
EPR	D	-0.33%
ADC	A	-0.33%
COLB	A	-0.32%
INCY	B	-0.32%
HWC	B	-0.31%
CSWI	B	-0.31%
DKS	D	-0.3%
FSS	C	-0.29%
AVT	C	-0.29%
CR	B	-0.29%
IBP	F	-0.29%
APPF	B	-0.29%
BDC	C	-0.29%
PBF	F	-0.28%
CTRE	C	-0.28%
EHC	B	-0.28%
FHN	A	-0.28%
SSB	B	-0.28%
CHRW	A	-0.27%
NSA	D	-0.27%
MANH	C	-0.27%
ATKR	C	-0.27%
AN	C	-0.26%
MSM	C	-0.25%
CNA	C	-0.25%
ENSG	C	-0.25%
WWD	B	-0.25%
HOG	D	-0.25%
JHG	A	-0.25%
OLN	F	-0.25%
VMI	B	-0.24%
GPI	B	-0.24%
LPX	A	-0.24%
ESAB	B	-0.24%
WCC	B	-0.24%
HST	D	-0.23%
TDC	F	-0.23%
LOPE	B	-0.23%
CATY	B	-0.23%
NBIX	C	-0.22%
ZD	B	-0.22%
BWA	B	-0.22%
LEA	F	-0.22%
L	A	-0.21%
OZK	B	-0.2%
CRVL	B	-0.2%
AIT	A	-0.2%
CRI	D	-0.2%
JWN	B	-0.2%
NEU	C	-0.19%
NAVI	D	-0.19%
SJM	F	-0.19%
ADNT	D	-0.18%
PRGO	C	-0.18%
CLF	F	-0.18%
HOMB	A	-0.18%
CROX	F	-0.18%
ABG	B	-0.17%
DXC	B	-0.17%
HPP	F	-0.17%
ZION	B	-0.16%
NUS	C	-0.16%
M	C	-0.16%
APLE	B	-0.16%
SM	C	-0.16%
BLD	F	-0.15%
VSH	F	-0.15%
AEO	F	-0.14%
CASY	B	-0.14%
AMN	F	-0.14%
CAH	B	-0.12%
OPCH	F	-0.12%
BOX	A	-0.11%
TPH	C	-0.11%
NSIT	F	-0.11%
CPT	C	-0.1%
CNXC	F	-0.1%
VNT	C	-0.1%
AOS	F	-0.1%
CUBE	D	-0.1%
BPMC	C	-0.1%
GEN	B	-0.1%
DCI	A	-0.09%
LECO	C	-0.09%
ITT	A	-0.09%
OGN	F	-0.09%
ITRI	B	-0.09%
APA	F	-0.09%
EQH	B	-0.09%
EXLS	B	-0.09%
SKX	F	-0.08%
BRX	A	-0.08%
OSCR	D	-0.08%
ASGN	D	-0.08%
HSIC	F	-0.08%
TAP	B	-0.07%
HAE	B	-0.07%
WU	F	-0.07%
PBH	A	-0.06%
MMSI	B	-0.06%
DOCS	B	-0.06%
ZETA	F	-0.06%
PDCO	F	-0.06%
SPSC	F	-0.05%
ACLS	F	-0.05%
AWI	B	-0.05%
DVA	C	-0.05%
BMI	B	-0.04%
CXT	F	-0.04%
LEVI	F	-0.03%
IART	C	-0.02%
NNN	F	-0.0%
VRNS	C	-0.0%
PI	D	-0.0%