SMRI vs. DWLD ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to Davis Select Worldwide ETF (DWLD)

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

$33.31

Average Daily Volume

5,596

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DWLD

Davis Select Worldwide ETF

DWLD Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest the fund's portfolio principally in common stocks issued by both United States and foreign companies, including countries with developed or emerging markets. It will invest significantly in issuers (i) organized or located outside of the U.S.; (ii) whose primary trading market is located outside the U.S.; or (iii) doing a substantial amount of business outside the U.S., which the adviser considers to be a company that derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.

Grade (RS Rating)

Last Trade

$38.39

Average Daily Volume

9,384

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	DWLD
30 Days	8.74%	0.92%
60 Days	9.55%	9.17%
90 Days	10.46%	11.45%
12 Months	33.52%	33.86%

1 Overlapping Holdings

	Symbol	Grade	Weight in SMRI	Weight in DWLD	Overlap
	CI	D	1.71%	1.62%	1.62%

SMRI Overweight 49 Positions Relative to DWLD

Symbol	Grade	Weight
APP	B	4.07%
DAL	B	2.56%
DOCU	B	2.55%
MCK	A	2.34%
EXPE	B	2.33%
SNA	A	2.33%
VST	A	2.32%
EPAM	B	2.28%
BKNG	A	2.22%
ZM	C	2.2%
PCAR	B	2.16%
EME	A	2.14%
JBL	C	2.11%
HPE	B	2.1%
GEN	B	2.07%
OC	A	2.07%
CAH	B	2.04%
CVX	A	2.04%
FFIV	B	2.03%
PYPL	B	2.03%
PAYX	B	2.03%
COR	B	2.0%
UTHR	C	2.0%
EG	C	1.97%
EOG	A	1.97%
VLO	C	1.94%
NRG	B	1.93%
ABNB	C	1.91%
XOM	B	1.91%
BWA	D	1.89%
SLB	C	1.87%
FANG	C	1.84%
NUE	C	1.81%
QCOM	F	1.81%
LKQ	F	1.79%
MPC	D	1.79%
NTAP	C	1.79%
DVN	F	1.78%
NVR	D	1.76%
LEN	D	1.71%
BLD	D	1.68%
BG	D	1.68%
AMGN	F	1.68%
PHM	D	1.68%
MOH	F	1.64%
WSM	C	1.59%
MRK	D	1.58%
CNC	D	1.46%
ELV	F	1.43%

SMRI Underweight 24 Positions Relative to DWLD

Symbol	Grade	Weight
META	D	-6.3%
COF	C	-5.11%
MGM	D	-4.53%
TCOM	B	-4.32%
MKL	A	-4.11%
BRK.A	B	-3.94%
AMZN	C	-3.09%
VTRS	A	-2.8%
SOLV	D	-2.66%
GOOG	C	-2.58%
HUM	C	-2.43%
PDD	F	-1.96%
CVS	D	-1.84%
SE	A	-1.43%
AMAT	F	-1.31%
BEKE	D	-1.31%
TSN	B	-0.97%
CPNG	D	-0.84%
AGCO	D	-0.82%
DGX	A	-0.79%
WFC	A	-0.68%
IAC	F	-0.62%
YOU	D	-0.34%
NOAH	D	-0.32%