SPAM vs. TOGA ETF Comparison

Comparison of Themes Cybersecurity ETF (SPAM) to Managed Portfolio Series Tremblant Global ETF (TOGA)

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

$30.25

Average Daily Volume

514

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TOGA

Managed Portfolio Series Tremblant Global ETF

TOGA Description

Under normal conditions, the fund will invest: (1) at least 40% (unless market conditions are not deemed favorable, in which case at least 30%) of its net assets in investments that are economically tied to, or located in, countries or regions other than the United States; and (2) in investments that are economically tied to, or located in, at least three different countries, including the United States.

Grade (RS Rating)

Last Trade

$30.91

Average Daily Volume

15,381

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPAM	TOGA
30 Days	3.79%	8.41%
60 Days	5.28%	11.52%
90 Days	4.82%	16.86%
12 Months

2 Overlapping Holdings

	Symbol	Grade	Weight in SPAM	Weight in TOGA	Overlap
	PANW	C	4.86%	2.16%	2.16%
	VRNS	D	3.82%	2.96%	2.96%

SPAM Overweight 19 Positions Relative to TOGA

Symbol	Grade	Weight
QLYS	C	5.35%
CRWD	B	5.34%
FTNT	C	5.16%
ALRM	C	5.11%
ZS	C	4.94%
CYBR	B	4.93%
S	B	4.84%
RPD	C	4.64%
TENB	C	4.45%
OKTA	C	4.36%
BAH	F	4.0%
CACI	D	3.96%
CHKP	D	3.91%
YOU	D	3.6%
ATEN	B	3.0%
RDWR	B	2.08%
OSPN	A	1.56%
CHGX	A	0.73%
FSLY	D	0.41%

SPAM Underweight 28 Positions Relative to TOGA

Symbol	Grade	Weight
GRAB	B	-6.37%
SPOT	B	-4.71%
DASH	A	-4.26%
WH	B	-4.14%
TKO	B	-3.83%
FIVN	C	-3.79%
SKX	D	-3.75%
AMZN	C	-3.5%
CHTR	C	-3.47%
MELI	D	-3.42%
DKNG	B	-3.19%
VSCO	B	-3.19%
CPNG	D	-2.84%
UBER	D	-2.76%
QTWO	A	-2.73%
EVR	B	-2.67%
BIDU	F	-2.62%
CSGP	D	-2.53%
GOOGL	C	-2.52%
PG	A	-2.43%
MTCH	D	-2.21%
EL	F	-2.2%
EMN	D	-2.18%
META	D	-2.14%
PGR	A	-2.06%
NCNO	B	-1.82%
MA	C	-1.75%
V	A	-1.69%