SOVF vs. EMM ETF Comparison

Comparison of Sovereign's Capital Flourish Fund (SOVF) to Global X Emerging Markets ETF (EMM)

SOVF

Sovereign's Capital Flourish Fund

SOVF Description

The fund invests primarily in common stock of publicly traded U.S. companies that are selected by the fund's investment adviser. The Adviser employs an active management strategy in seeking to achieve the fund"s objective.

Grade (RS Rating)

Last Trade

$30.21

Average Daily Volume

10,252

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EMM

Global X Emerging Markets ETF

EMM Description

EMM seeks long-term capital growth by investing in companies believed to be able to achieve and maintain a leading position within their respective country, region, industry, products produce, or services provided. The belief is that emerging markets have the potential for higher levels of growth based on the occurrence of socio-economic changes. Thus, an opportunistic approach to investing in companies considered to be best positioned to benefit from these changes. The funds investable universe is limited to emerging market stocks that meet minimum trading volume and market capitalization requirements. The selection process also considers advantageous-competitive strategies and share-holder beneficial practices and philosophies. The portfolio is constructed using a bottom-up fundamental analysis, subject to a risk management framework. The fund may engage in active and frequent trading. On May 15, 2023, EMM converted from a mutual fund to an actively managed ETF, with $18 million in assets.

Grade (RS Rating)

Last Trade

$27.75

Average Daily Volume

4,457

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SOVF	EMM
30 Days	0.11%	-1.63%
60 Days	-1.74%	-1.89%
90 Days	1.41%	2.57%
12 Months	22.89%	16.29%

0 Overlapping Holdings

	Symbol	Grade	Weight in SOVF	Weight in EMM	Overlap

SOVF Overweight 79 Positions Relative to EMM

Symbol	Grade	Weight
GSHD	A	3.46%
ALKT	B	3.03%
COKE	D	2.86%
CBRE	A	2.75%
PRI	B	2.6%
FI	A	2.5%
PCTY	A	2.34%
FOLD	B	2.29%
LCII	D	2.28%
PGR	D	2.23%
DAVA	F	2.22%
LOPE	D	2.22%
AFG	D	2.17%
PAYC	A	2.16%
AJG	D	2.02%
PX	B	1.94%
TSN	D	1.93%
EEFT	F	1.91%
MOH	D	1.91%
DIOD	F	1.82%
RJF	A	1.72%
SBAC	D	1.69%
NSP	F	1.56%
PPC	A	1.52%
KFY	C	1.42%
BDX	C	1.42%
UPS	C	1.41%
BIGC	F	1.39%
FANG	F	1.34%
NHC	C	1.33%
RPAY	D	1.32%
SMCI	F	1.31%
COLM	C	1.29%
QCOM	D	1.28%
APG	B	1.21%
APA	F	1.2%
GEF	B	1.18%
DVN	F	1.18%
CSCO	B	1.17%
VRRM	F	1.17%
SCHW	B	1.13%
ANET	B	1.13%
BKH	D	1.06%
ITT	C	1.04%
ADV	D	1.0%
SITE	F	0.99%
AWK	D	0.99%
AMED	C	0.98%
LECO	B	0.96%
NEO	D	0.92%
USFD	B	0.81%
PLOW	F	0.74%
IEX	A	0.69%
INTC	C	0.69%
CSWI	B	0.63%
ERIE	D	0.59%
RMD	A	0.57%
WMT	A	0.57%
TFIN	B	0.56%
ADP	A	0.56%
SAIC	A	0.56%
SPTN	D	0.55%
FAST	A	0.55%
VRSN	F	0.52%
CPT	D	0.51%
JBHT	A	0.51%
OPCH	F	0.5%
HCSG	A	0.49%
ORLY	C	0.49%
WCN	D	0.48%
GGG	D	0.47%
SPB	C	0.46%
CPRT	D	0.45%
JJSF	C	0.45%
AZZ	D	0.45%
SPSC	F	0.44%
NTAP	D	0.43%
HUBS	B	0.42%
KFRC	D	0.41%

SOVF Underweight 10 Positions Relative to EMM

Symbol	Grade	Weight
TSM	B	-11.01%
IBN	A	-3.31%
HDB	B	-2.51%
SHG	D	-1.78%
MMYT	A	-1.42%
GFI	B	-1.06%
ITUB	F	-1.05%
NU	C	-0.94%
ARCO	D	-0.69%
MELI	A	-0.47%