SMRI vs. FDV ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to Federated Hermes U.S. Strategic Dividend ETF (FDV)

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

$33.73

Average Daily Volume

5,682

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDV

Federated Hermes U.S. Strategic Dividend ETF

FDV Description

Federated Hermes U.S. Strategic Dividend ETF is an exchange traded fund launched by Federated Hermes, Inc. It is co-managed by Federated Equity Management Company of Pennsylvania. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It employs proprietary research to create its portfolio. Federated Hermes U.S. Strategic Dividend ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$28.40

Average Daily Volume

52,931

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	FDV
30 Days	10.80%	2.44%
60 Days	10.33%	2.16%
90 Days	12.23%	4.79%
12 Months	35.14%	26.65%

6 Overlapping Holdings

Symbol	Grade	Weight in SMRI	Weight in FDV	Overlap
AMGN	F	1.62%	2.65%	1.62%
CVX	A	2.02%	3.29%	2.02%
EOG	C	1.97%	0.91%	0.91%
PAYX	B	1.97%	1.92%	1.92%
VLO	C	1.94%	1.03%	1.03%
XOM	C	1.9%	1.57%	1.57%

SMRI Overweight 44 Positions Relative to FDV

Symbol	Grade	Weight
APP	B	4.63%
VST	B	2.58%
DAL	B	2.5%
DOCU	B	2.49%
MCK	B	2.37%
SNA	A	2.32%
EXPE	B	2.28%
BKNG	A	2.23%
EME	B	2.21%
EPAM	C	2.17%
WSM	B	2.12%
ZM	B	2.09%
JBL	C	2.08%
HPE	B	2.07%
PCAR	B	2.05%
OC	B	2.05%
FFIV	A	2.02%
CAH	B	2.01%
EG	C	2.01%
GEN	A	2.01%
COR	A	1.99%
PYPL	B	1.99%
NRG	B	1.98%
ABNB	C	1.91%
UTHR	B	1.88%
SLB	C	1.87%
NTAP	B	1.87%
FANG	F	1.82%
NUE	D	1.82%
BWA	D	1.82%
MPC	D	1.79%
LKQ	D	1.72%
DVN	F	1.72%
NVR	D	1.71%
LEN	D	1.69%
QCOM	F	1.69%
CI	D	1.69%
BG	D	1.67%
PHM	D	1.65%
BLD	D	1.61%
MOH	D	1.57%
MRK	D	1.56%
CNC	F	1.46%
ELV	F	1.39%

SMRI Underweight 45 Positions Relative to FDV

Symbol	Grade	Weight
MS	C	-3.87%
PNC	A	-3.24%
GILD	B	-2.97%
SO	C	-2.8%
BMY	B	-2.8%
DUK	C	-2.78%
EVRG	A	-2.59%
ETR	A	-2.51%
VZ	B	-2.5%
USB	A	-2.44%
PM	A	-2.44%
TGT	F	-2.43%
PEP	F	-2.38%
KIM	A	-2.37%
LYB	F	-2.35%
CSCO	A	-2.27%
KVUE	A	-2.25%
JNJ	D	-2.22%
WEC	A	-2.13%
BK	A	-1.98%
DRI	B	-1.98%
AEP	C	-1.96%
TFC	B	-1.94%
CLX	C	-1.93%
PLD	D	-1.92%
UPS	C	-1.9%
TXN	D	-1.89%
KO	D	-1.84%
O	D	-1.84%
ABBV	D	-1.83%
NEE	D	-1.78%
NNN	D	-1.77%
PFE	D	-1.55%
AMCR	D	-1.5%
PPL	A	-1.46%
BBY	D	-1.38%
CMCSA	C	-1.35%
MSM	C	-1.12%
HSY	F	-1.04%
GLW	B	-1.02%
IPG	C	-0.92%
JPM	B	-0.92%
KMB	C	-0.89%
HRL	D	-0.71%
CAG	D	-0.65%