TOLL vs. XAR ETF Comparison

Comparison of Tema Monopolies and Oligopolies ETF (TOLL) to SPDR S&P Aerospace & Defense ETF (XAR)

TOLL

Tema Monopolies and Oligopolies ETF

TOLL Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in domestic and foreign, common and preferred stocks of publicly listed companies where the Herfindahl"Hirschman (HHI) index of the market of operation representing more than 50% of the company"s revenue is above 2,500. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.40

Average Daily Volume

1,572

Number of Holdings ^*

28

* may have additional holdings in another (foreign) market

XAR

SPDR S&P Aerospace & Defense ETF

XAR 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 aerospace and defense segment of a U.S. total market composite index. In seeking to track the performance of the S&P Aerospace & Defense 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 aerospace and defense industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$154.98

Average Daily Volume

189,831

Number of Holdings ^*

30

* may have additional holdings in another (foreign) market

Performance

Period	TOLL	XAR
30 Days	-3.46%	-2.68%
60 Days	-3.34%	-0.21%
90 Days	2.17%	8.17%
12 Months	30.35%	29.93%

1 Overlapping Holdings

	Symbol	Grade	Weight in TOLL	Weight in XAR	Overlap
	GE	D	6.19%	4.53%	4.53%

TOLL Overweight 27 Positions Relative to XAR

	Symbol	Grade	Weight
	ICE	C	5.79%
	MCO	D	5.79%
	V	A	4.92%
	FICO	B	4.92%
	SPGI	D	4.64%
	SHW	D	4.04%
	MSCI	C	3.4%
	TER	F	3.26%
	INTU	D	3.14%
	EFX	D	3.03%
	VMC	A	2.96%
	CPRT	D	2.96%
	CME	B	2.79%
	KLAC	F	2.77%
	TYL	A	2.61%
	AON	A	2.58%
	TMO	D	2.48%
	WAT	A	2.2%
	LRCX	F	2.16%
	LOW	B	2.09%
	ADI	C	2.06%
	CNI	F	1.96%
	TECH	B	1.94%
	IDXX	F	1.62%
	DE	B	1.53%
	GILD	A	1.07%
	BDX	C	1.06%

TOLL Underweight 29 Positions Relative to XAR

	Symbol	Grade	Weight
	AXON	B	-5.18%
	CW	B	-5.02%
	HWM	B	-4.8%
	LHX	A	-4.76%
	RTX	C	-4.75%
	BA	F	-4.45%
	LMT	D	-4.45%
	GD	C	-4.44%
	WWD	D	-4.43%
	NOC	D	-4.42%
	TDG	C	-4.41%
	TXT	F	-4.4%
	HEI	D	-4.37%
	SPR	C	-4.36%
	HII	F	-4.35%
	BWXT	B	-4.32%
	AVAV	B	-3.99%
	HXL	F	-3.93%
	RKLB	A	-3.51%
	MOG.A	C	-1.87%
	KTOS	C	-1.44%
	MRCY	D	-1.19%
	AIR	F	-1.08%
	TGI	C	-1.01%
	ACHR	C	-0.78%
	CDRE	D	-0.52%
	ATRO	F	-0.21%
	DCO	D	-0.2%
	NPK	F	-0.19%

TOLL: Top Represented Industries & Keywords

Industries: Capital Markets Diagnostics & Research Semiconductor Equipment & Materials Financial Data & Stock Exchanges Software - Application Auto & Truck Dealerships Biotechnology Building Materials Business Services Credit Services Drug Manufacturers - Major Farm & Construction Equipment Home Improvement Stores Insurance Brokers Medical Instruments & Supplies Railroads Semiconductors Software - Infrastructure Specialty Chemicals Specialty Industrial Machinery

Keywords: S&P 500 Nasdaq 100 Aerospace Analytical Tool Analytical Tools Biotechnology Credit Financial Market Insurance Integrated Circuits Market Data Moody's Analytics Personal Finance Process Control Risk Management Semiconductor Semiconductor Device Fabrication Accounting Software Antibiotics Antibodies

XAR: Top Represented Industries & Keywords

Industries: Aerospace & Defense Specialty Industrial Machinery Communication Equipment Computer Systems Diversified Industrials Security & Protection Services

Keywords: Aerospace S&P 500 Department Of Defense Avionics Weapons Aviation Helicopter Radar Space Systems U.S. Department Of Defense Actuator Aerostructure Defense Systems Electronics Microwave Test Systems Aerospace Systems Combat Systems Communications Systems Defense Applications