TXS vs. FCUS ETF Comparison

Comparison of Texas Capital Texas Equity Index ETF (TXS) to Pinnacle Focused Opportunities ETF (FCUS)

TXS

Texas Capital Texas Equity Index ETF

TXS Description

TXS tracks an index composed of companies that have significant contributions to the economy of Texas. The fund adviser believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce and other benefits relative to companies headquartered in other states. Initially, all eligible securities from the investable equity universe that meet certain size and liquidity requirements are selected as index constituents. Component sectors in the index are weighted based on their industry contributions to Texass GDP, as reported for the private sector by the US Bureau of Economic Analysis. Companies within each sector are then weighted based on their market-cap, with a minimum cap of 0.05% and maximum cap of 10% per constituent. The fund does not limit its investment to a certain market-cap bracket. TXS may concentrate its investment in a particular industry or group of industries to the extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$29.67

Average Daily Volume

3,500

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FCUS

Pinnacle Focused Opportunities ETF

FCUS Description

The investment seeks long term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective primarily by investing in a focused portfolio of U.S. equity securities. The fund's manager manages its portfolio based on its proprietary model. The fund’s portfolio excludes certain equity securities, such as limited partnerships, closed-end investment companies, and warrants. It is non-diversified.

Grade (RS Rating)

Last Trade

$26.68

Average Daily Volume

6,784

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TXS	FCUS
30 Days	1.49%	-3.72%
60 Days	3.67%	-6.03%
90 Days	7.31%	-0.84%
12 Months	19.95%	18.66%

1 Overlapping Holdings

	Symbol	Grade	Weight in TXS	Weight in FCUS	Overlap
	THC	B	4.12%	4.32%	4.12%

TXS Overweight 9 Positions Relative to FCUS

Symbol	Grade	Weight
CRWD	F	4.39%
DLR	B	4.23%
MCK	A	4.09%
TSLA	C	3.98%
SCHW	F	3.83%
WM	C	3.82%
XOM	B	3.75%
CCI	A	3.46%
WING	D	2.36%

TXS Underweight 9 Positions Relative to FCUS

Symbol	Grade	Weight
NVDA	D	-4.66%
HOOD	D	-4.63%
SMCI	D	-4.61%
MU	D	-4.45%
APP	D	-4.37%
IOT	C	-4.29%
VST	D	-4.0%
VRT	D	-3.91%
MSTR	C	-3.67%