SMRI vs. BLCN ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to Siren Nasdaq NexGen Economy ETF (BLCN)

SMRI

Bushido Capital US Equity ETF

SMRI Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in U.S. listed common stock.

Grade (RS Rating)

Last Trade

$30.69

Average Daily Volume

8,307

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BLCN

Siren Nasdaq NexGen Economy ETF

BLCN Description

The investment seeks long-term growth by tracking the investment returns, before fees and expenses, of the Siren Nasdaq Blockchain Economy Index. Under normal circumstances, at least 80% of the fund's assets, will be invested in component securities of the index. The index is designed to measure the returns of companies that are committing material resources to developing, researching, supporting, innovating or utilizing blockchain technology for their proprietary use or for use by others (Blockchain Companies). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.88

Average Daily Volume

19,856

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	BLCN
30 Days	1.34%	-3.08%
60 Days	6.53%	2.09%
90 Days	8.83%	-6.82%
12 Months	28.60%	36.92%

1 Overlapping Holdings

	Symbol	Grade	Weight in SMRI	Weight in BLCN	Overlap
	PYPL	C	2.31%	2.09%	2.09%

SMRI Overweight 9 Positions Relative to BLCN

Symbol	Grade	Weight
CNC	F	2.35%
MOH	D	2.34%
CAH	B	2.27%
ZM	C	2.22%
LMT	A	2.2%
FOXA	A	2.15%
GILD	A	2.13%
ELV	F	2.12%
SSNC	C	2.12%

SMRI Underweight 37 Positions Relative to BLCN

Symbol	Grade	Weight
HPE	B	-4.14%
NU	D	-3.95%
NVDA	C	-3.83%
AMD	D	-3.58%
HOOD	C	-3.54%
CUBI	F	-3.32%
QCOM	D	-3.24%
MU	D	-2.67%
RIOT	F	-2.63%
ORCL	B	-2.6%
ACN	B	-2.46%
BABA	A	-2.42%
MSFT	D	-2.38%
BIDU	B	-2.34%
JD	B	-2.27%
JPM	D	-2.12%
MA	A	-2.04%
COIN	F	-2.01%
SAP	C	-1.92%
CSCO	A	-1.81%
NDAQ	C	-1.79%
AXP	A	-1.72%
BLK	A	-1.69%
META	A	-1.69%
MSTR	B	-1.69%
WMT	A	-1.65%
TSM	C	-1.64%
IBM	B	-1.62%
TXN	C	-1.45%
SQ	D	-1.39%
V	C	-1.37%
BK	C	-1.24%
INFY	D	-0.91%
ICE	A	-0.79%
CLSK	F	-0.78%
MARA	F	-0.76%
GS	C	-0.59%