SMRI vs. IBLC ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to iShares Blockchain and Tech ETF (IBLC)

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

IBLC

iShares Blockchain and Tech ETF

IBLC Description

The fund invests at least 80% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in theindex. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.57

Average Daily Volume

12,022

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	IBLC
30 Days	1.34%	1.42%
60 Days	6.53%	-0.27%
90 Days	8.83%	-14.39%
12 Months	28.60%	91.63%

2 Overlapping Holdings

	Symbol	Grade	Weight in SMRI	Weight in IBLC	Overlap
	FOXA	A	2.15%	0.23%	0.23%
	PYPL	C	2.31%	1.93%	1.93%

SMRI Overweight 8 Positions Relative to IBLC

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

SMRI Underweight 17 Positions Relative to IBLC

Symbol	Grade	Weight
MARA	F	-11.96%
COIN	F	-11.36%
CORZ	C	-9.83%
CLSK	F	-8.63%
WULF	C	-5.27%
RIOT	F	-4.31%
AMD	D	-3.83%
NVDA	C	-3.82%
HUT	D	-3.77%
IBM	B	-3.58%
MA	A	-3.33%
APLD	B	-2.99%
CIFR	D	-2.66%
SQ	D	-0.89%
HOOD	C	-0.32%
DXC	D	-0.09%
HKD	C	-0.0%