TWIO vs. JHPI ETF Comparison

Comparison of Trajan Wealth Income Opportunities ETF (TWIO) to John Hancock Preferred Income ETF (JHPI)

TWIO

Trajan Wealth Income Opportunities ETF

TWIO Description

Spinnaker ETF Series - Trajan Wealth Income Opportunities ETF is an exchange traded fund launched and managed by OBP Capital, LLC. The fund is co-managed by Trajan Wealth, LLC. It invests in the public equity and fixed income markets of the United States. For it equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies operating across diversified market capitalization. For its fixed income, the fund primarily invests in preferred securities and income producing fixed income securities with varying maturities. The fund employs fundamental analysis with bottom-up and top-down securities picking approach to create its portfolio. Spinnaker ETF Series - Trajan Wealth Income Opportunities ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$9.36

Average Daily Volume

6,892

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JHPI

John Hancock Preferred Income ETF

JHPI Description

Under normal market conditions, the fund invests at least 80% of its net assets in preferred stocks and other preferred securities. Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, trust preferred securities, cumulative and non-cumulative preferred stock, and depositary shares of preferred stock. The adviser will concentrate its investments in the group of industries that comprise the utilities and the communication sectors.

Grade (RS Rating)

Last Trade

$23.10

Average Daily Volume

11,385

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TWIO	JHPI
30 Days	0.90%	0.13%
60 Days	-0.80%	-0.48%
90 Days	1.18%	2.33%
12 Months	13.66%	16.56%

1 Overlapping Holdings

	Symbol	Grade	Weight in TWIO	Weight in JHPI	Overlap
	CMSC	C	1.79%	0.35%	0.35%

TWIO Overweight 16 Positions Relative to JHPI

Symbol	Grade	Weight
IBM	C	2.92%
C	A	2.74%
WMB	A	2.62%
OGE	B	2.6%
BX	A	2.54%
VZ	C	2.41%
BKH	A	2.26%
K	A	2.18%
AIG	B	1.95%
FSK	A	1.94%
XOM	B	1.93%
KO	D	1.91%
SBLK	F	1.91%
SON	D	1.88%
PSA	D	1.86%
ABBV	D	1.74%

TWIO Underweight 13 Positions Relative to JHPI

Symbol	Grade	Weight
SREA	D	-1.15%
AQNB	C	-1.09%
CMSD	C	-1.09%
DTW	D	-0.87%
QRTEP	F	-0.55%
UNMA	C	-0.54%
CMSA	C	-0.49%
AFGC	C	-0.48%
NEE	D	-0.47%
UZE	B	-0.37%
ESGRP	D	-0.35%
SOJD	F	-0.19%
NRUC	D	-0.18%