SMRI vs. LGRO ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to Level Four Large Cap Growth Active ETF (LGRO)

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

LGRO

Level Four Large Cap Growth Active ETF

LGRO Description

The fund invests primarily in equity securities of carefully selected, high-quality U.S. companies. The fund invests primarily in the domestic equity securities of companies selected by Level Four Capital Management, LLC for their growth potential within various market sectors.

Grade (RS Rating)

Last Trade

$34.72

Average Daily Volume

1,941

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	LGRO
30 Days	8.74%	3.28%
60 Days	9.55%	7.22%
90 Days	10.46%	9.12%
12 Months	33.52%	33.75%

4 Overlapping Holdings

Symbol	Grade	Weight in SMRI	Weight in LGRO	Overlap
BKNG	A	2.22%	3.65%	2.22%
DOCU	B	2.55%	2.41%	2.41%
PHM	D	1.68%	0.97%	0.97%
PYPL	B	2.03%	3.31%	2.03%

SMRI Overweight 46 Positions Relative to LGRO

Symbol	Grade	Weight
APP	B	4.07%
DAL	B	2.56%
MCK	A	2.34%
EXPE	B	2.33%
SNA	A	2.33%
VST	A	2.32%
EPAM	B	2.28%
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%
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%
CI	D	1.71%
LEN	D	1.71%
BLD	D	1.68%
BG	D	1.68%
AMGN	F	1.68%
MOH	F	1.64%
WSM	C	1.59%
MRK	D	1.58%
CNC	D	1.46%
ELV	F	1.43%

SMRI Underweight 43 Positions Relative to LGRO

Symbol	Grade	Weight
AAPL	C	-7.16%
MSFT	D	-5.75%
AMZN	C	-5.56%
GOOGL	C	-5.03%
NVDA	B	-4.33%
BLK	B	-3.47%
META	D	-3.28%
TWLO	A	-2.74%
LRCX	F	-2.72%
SNOW	B	-2.66%
UBER	F	-2.59%
UNH	B	-2.51%
MS	A	-2.44%
NOW	A	-2.43%
NFLX	A	-2.34%
RH	C	-2.23%
MSCI	C	-2.16%
HD	B	-2.09%
CRM	B	-2.04%
MA	B	-1.94%
AVGO	D	-1.83%
Z	A	-1.49%
MPWR	F	-1.49%
MU	D	-1.48%
AMAT	F	-1.44%
PANW	B	-1.14%
PSX	C	-1.12%
LMT	D	-1.07%
FIS	C	-1.05%
ABBV	F	-1.03%
URI	C	-1.02%
PAYC	B	-0.99%
V	A	-0.98%
CTSH	B	-0.98%
VRTX	D	-0.96%
MCD	D	-0.91%
DIS	B	-0.87%
FTV	C	-0.85%
TDG	D	-0.85%
STZ	D	-0.79%
ETSY	D	-0.65%
BIIB	F	-0.64%
EL	F	-0.26%