SMRI vs. SIMS ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to SPDR S&P Kensho Intelligent Structures ETF (SIMS)

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

$33.54

Average Daily Volume

5,628

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SIMS

SPDR S&P Kensho Intelligent Structures ETF

SIMS Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Intelligent Infrastructure Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Intelligent Infrastructure sector as determined by a classification standard produced by the index provider. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.91

Average Daily Volume

1,191

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	SIMS
30 Days	10.48%	5.33%
60 Days	9.99%	7.98%
90 Days	11.21%	6.18%
12 Months	34.42%	17.43%

1 Overlapping Holdings

	Symbol	Grade	Weight in SMRI	Weight in SIMS	Overlap
	NRG	B	1.93%	1.85%	1.85%

SMRI Overweight 49 Positions Relative to SIMS

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

SMRI Underweight 40 Positions Relative to SIMS

Symbol	Grade	Weight
MWA	B	-3.62%
PNR	A	-3.52%
GNRC	B	-3.47%
WTTR	B	-3.34%
REZI	A	-3.31%
JCI	C	-3.18%
CARR	D	-3.09%
BMI	B	-3.08%
ITRI	B	-2.88%
VLTO	D	-2.71%
ADTN	A	-2.66%
TTEK	F	-2.55%
ALRM	C	-2.51%
XYL	D	-2.3%
BE	B	-2.29%
SLAB	D	-2.28%
ARLO	C	-2.23%
ROKU	D	-2.14%
PSN	D	-2.12%
AYI	B	-2.08%
SHLS	F	-1.96%
ERII	D	-1.94%
GTLS	B	-1.88%
AME	A	-1.81%
HON	B	-1.8%
CHPT	F	-1.64%
ROP	B	-1.64%
AY	B	-1.63%
NVEE	F	-1.57%
BIDU	F	-1.45%
ON	D	-1.43%
GNTX	C	-1.42%
CNM	D	-1.34%
BP	D	-1.33%
BLNK	F	-1.25%
CWCO	C	-1.03%
MVIS	F	-0.99%
STM	F	-0.94%
STEM	F	-0.65%
REKR	F	-0.47%