SPAM vs. CWS ETF Comparison

Comparison of Themes Cybersecurity ETF (SPAM) to AdvisorShares Focused Equity ETF (CWS)

SPAM

Themes Cybersecurity ETF

SPAM Description

The index is designed to provide exposure to companies that have business operations in the cybersecurity industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.43

Average Daily Volume

529

Number of Holdings ^*

21

* may have additional holdings in another (foreign) market

CWS

AdvisorShares Focused Equity ETF

CWS Description

The AdvisorShares Focused Equity ETF seeks long-term capital appreciation. CWS aims to achieve its investment objective by investing primarily in a focused group of U.S. exchange-listed equity securities that the portfolio manager believes have favorable fundamental attributes.

Grade (RS Rating)

Last Trade

$69.32

Average Daily Volume

12,528

Number of Holdings ^*

25

* may have additional holdings in another (foreign) market

Performance

Period	SPAM	CWS
30 Days	-1.50%	-1.32%
60 Days	2.99%	1.53%
90 Days	2.66%	3.77%
12 Months		27.92%

0 Overlapping Holdings

	Symbol	Grade	Weight in SPAM	Weight in CWS	Overlap

SPAM Overweight 21 Positions Relative to CWS

	Symbol	Grade	Weight
	QLYS	C	5.43%
	FTNT	B	5.34%
	CRWD	B	5.06%
	ZS	B	4.96%
	ALRM	C	4.96%
	BAH	D	4.86%
	S	B	4.78%
	CACI	C	4.76%
	PANW	B	4.75%
	RPD	C	4.55%
	CYBR	A	4.51%
	OKTA	D	4.46%
	TENB	D	4.41%
	VRNS	D	3.86%
	CHKP	D	3.79%
	YOU	D	3.57%
	ATEN	A	2.93%
	RDWR	B	1.91%
	OSPN	B	1.51%
	CHGX	B	0.69%
	FSLY	F	0.43%

SPAM Underweight 25 Positions Relative to CWS

	Symbol	Grade	Weight
	FICO	B	-6.68%
	FI	A	-5.35%
	MLR	C	-5.32%
	HEI	A	-5.2%
	APH	B	-4.89%
	AFL	C	-4.57%
	SYK	A	-4.3%
	MCO	D	-4.15%
	ICE	C	-4.12%
	COR	B	-4.02%
	SLGN	A	-3.96%
	ROL	B	-3.86%
	INTU	B	-3.78%
	BR	B	-3.77%
	OTIS	C	-3.73%
	AGM	B	-3.63%
	FDS	B	-3.54%
	ABT	A	-3.54%
	AWK	C	-3.39%
	SAIC	F	-3.38%
	MGRC	B	-3.38%
	TMO	F	-3.36%
	HSY	F	-3.28%
	PII	F	-2.38%
	CE	F	-1.6%

SPAM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Business Services Communication Equipment Information Technology Services Telecom Services

Keywords: Cybersecurity Computer Security Computing Nasdaq 100 Security Solution Computer Network Security Cyberwarfare Firewall Firewall Software VPN Work From Home Content Control Software Malware Mobile Devices S&P 500 Security Engineering Software As A Service Web Application Antivirus Software Application Delivery Controller

CWS: Top Represented Industries & Keywords

Industries: Business Services Capital Markets Medical Devices Aerospace & Defense Auto Parts Chemicals Confectioners Credit Services Diagnostics & Research Electronic Components Financial Data & Stock Exchanges Information Technology Services Insurance - Life Medical Distribution Packaging & Containers Recreational Vehicles Rental & Leasing Services Software - Application Software - Infrastructure Specialty Industrial Machinery

Keywords: S&P 500 Cancer Electronics Payment Systems Transport Aerospace Beverage Products Card Processing Chemical Chemical Product Communication Solutions Credit Drink Lab Testing Land Transport Medicine Mobile Payments Moody's Analytics Nasdaq 100 Navigation Systems