SMRI vs. SPDV ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to AAM S&P 500 High Dividend Value ETF (SPDV)

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

SPDV

AAM S&P 500 High Dividend Value ETF

SPDV Description

The investment seeks to track the total return performance, before fees and expenses, of the S&P 500 Dividend and Free Cash Flow Yield Index. The index is a rules-based, equal-weighted index that is designed to provide exposure to the constituents of the S&P 500® Index that exhibit both high dividend yield and sustainable dividend distribution characteristics, while maintaining diversified sector exposure. At least 80% of the fund?s net assets, plus borrowings for investment purposes, will be invested in equity securities that (i) are included in the S&P 500 Index and (ii) have had a positive indicated annual dividend yield within the past year.

Grade (RS Rating)

Last Trade

$34.60

Average Daily Volume

3,089

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	SPDV
30 Days	8.74%	3.21%
60 Days	9.55%	5.67%
90 Days	10.46%	7.50%
12 Months	33.52%	33.02%

7 Overlapping Holdings

Symbol	Grade	Weight in SMRI	Weight in SPDV	Overlap
CVX	A	2.04%	1.72%	1.72%
HPE	B	2.1%	1.83%	1.83%
LKQ	F	1.79%	1.47%	1.47%
NRG	B	1.93%	2.11%	1.93%
SNA	A	2.33%	2.26%	2.26%
VLO	C	1.94%	1.58%	1.58%
VST	A	2.32%	3.31%	2.32%

SMRI Overweight 43 Positions Relative to SPDV

Symbol	Grade	Weight
APP	B	4.07%
DAL	B	2.56%
DOCU	B	2.55%
MCK	A	2.34%
EXPE	B	2.33%
EPAM	B	2.28%
BKNG	A	2.22%
ZM	C	2.2%
PCAR	B	2.16%
EME	A	2.14%
JBL	C	2.11%
GEN	B	2.07%
OC	A	2.07%
CAH	B	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%
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%
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%
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 47 Positions Relative to SPDV

Symbol	Grade	Weight
BMY	B	-2.21%
WMB	A	-2.21%
CMI	A	-2.2%
TPR	B	-2.17%
MMM	D	-2.15%
KMI	A	-2.15%
GILD	C	-2.13%
CSCO	B	-2.13%
IP	A	-2.06%
KEY	B	-2.04%
SPG	A	-2.01%
CF	A	-2.01%
TAP	C	-2.01%
BXP	C	-2.0%
HBAN	A	-1.98%
T	A	-1.97%
WEC	A	-1.97%
CMCSA	B	-1.95%
IBM	C	-1.94%
USB	A	-1.92%
OMC	C	-1.92%
MO	A	-1.89%
VTRS	A	-1.87%
HAS	D	-1.79%
IVZ	B	-1.79%
TFC	A	-1.79%
DOC	C	-1.76%
HST	C	-1.76%
VZ	C	-1.75%
BBY	D	-1.75%
UPS	C	-1.75%
AMCR	C	-1.69%
SWK	D	-1.68%
IPG	D	-1.67%
NEE	C	-1.66%
KHC	F	-1.64%
HPQ	B	-1.64%
ABBV	F	-1.63%
ARE	F	-1.59%
CAG	F	-1.56%
CVS	D	-1.56%
LYB	F	-1.47%
DOW	F	-1.42%
ADM	D	-1.39%
F	C	-1.37%
SWKS	F	-1.23%
APA	D	-1.22%