SOVF vs. XSD ETF Comparison

Comparison of Sovereign's Capital Flourish Fund (SOVF) to SPDR S&P Semiconductor ETF (XSD)

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

$32.86

Average Daily Volume

12,545

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSD

SPDR S&P Semiconductor ETF

XSD Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the semiconductor segment of a U.S. total market composite index. In seeking to track the performance of the S&P Semiconductor Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the semiconductors industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$241.06

Average Daily Volume

44,653

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SOVF	XSD
30 Days	8.63%	0.59%
60 Days	7.86%	3.98%
90 Days	7.17%	1.04%
12 Months	27.00%	21.82%

4 Overlapping Holdings

Symbol	Grade	Weight in SOVF	Weight in XSD	Overlap
DIOD	D	2.25%	1.69%	1.69%
INTC	D	1.01%	3.75%	1.01%
QCOM	F	1.52%	2.88%	1.52%
QRVO	F	1.49%	1.82%	1.49%

SOVF Overweight 75 Positions Relative to XSD

Symbol	Grade	Weight
LOPE	B	2.75%
NSP	D	2.71%
PRI	A	2.53%
COKE	C	2.53%
EEFT	B	2.47%
RPAY	D	2.47%
FOLD	F	2.45%
DAVA	C	2.41%
AFG	A	2.27%
LCII	C	2.23%
PGR	A	2.01%
ALKT	B	2.01%
MOH	F	1.97%
GSHD	A	1.97%
PAYC	B	1.96%
BIGC	C	1.95%
CBRE	B	1.76%
OPCH	D	1.74%
NHC	C	1.72%
PCTY	B	1.71%
RJF	A	1.52%
FI	A	1.51%
APG	B	1.5%
PX	A	1.5%
AJG	B	1.49%
TSN	B	1.49%
BDX	F	1.48%
KFY	B	1.48%
ARMK	B	1.47%
COLM	B	1.46%
MLR	B	1.26%
PPC	C	1.25%
HRB	D	1.25%
FANG	D	1.22%
SMCI	F	1.22%
VRRM	D	1.21%
DVN	F	1.2%
APA	D	1.19%
VST	B	1.04%
ADV	D	1.03%
ITT	A	1.01%
AZZ	B	1.01%
LECO	B	1.0%
NEE	D	1.0%
GEF	A	0.99%
SITE	D	0.98%
ERIE	D	0.76%
CSCO	B	0.75%
SCHW	B	0.75%
UPS	C	0.75%
PLOW	D	0.74%
ANET	C	0.74%
KFRC	D	0.74%
TFIN	A	0.74%
HCSG	C	0.62%
NTAP	C	0.51%
RMD	C	0.51%
JJSF	B	0.51%
CPRT	A	0.5%
ADP	B	0.5%
FAST	B	0.5%
JBHT	C	0.5%
ORLY	B	0.5%
SPTN	D	0.5%
SBAC	D	0.5%
SPSC	C	0.5%
SAIC	F	0.5%
USFD	A	0.5%
CSWI	A	0.5%
WCN	A	0.5%
HUBS	A	0.49%
IEX	B	0.49%
CPT	B	0.49%
WMT	A	0.49%
NEO	C	0.48%

SOVF Underweight 33 Positions Relative to XSD

Symbol	Grade	Weight
CRDO	B	-4.33%
RMBS	C	-3.85%
MTSI	B	-3.68%
NVDA	C	-3.63%
MRVL	B	-3.59%
SITM	B	-3.55%
SMTC	B	-3.35%
LSCC	D	-3.33%
AMBA	B	-3.23%
MU	D	-3.21%
TXN	C	-3.04%
AVGO	D	-3.0%
PI	D	-2.9%
NXPI	D	-2.87%
SLAB	D	-2.79%
ADI	D	-2.78%
ON	D	-2.76%
AMD	F	-2.69%
ALGM	D	-2.61%
POWI	D	-2.54%
FSLR	F	-2.52%
MCHP	D	-2.49%
SWKS	F	-2.42%
OLED	D	-2.35%
CRUS	D	-2.25%
SYNA	C	-2.24%
MPWR	F	-1.86%
WOLF	F	-1.57%
MXL	C	-1.31%
INDI	C	-1.14%
AOSL	C	-1.01%
CEVA	B	-0.29%
NVEC	C	-0.16%