UPGD vs. SMCO ETF Comparison

Comparison of Invesco Bloomberg Analyst Rating Improvers ETF (UPGD) to Hilton Small-MidCap Opportunity ETF (SMCO)

UPGD

Invesco Bloomberg Analyst Rating Improvers ETF

UPGD Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The index provider compiles, maintains and calculates the new underlying index, which is comprised of equity securities with the most improved Consensus Ratings based on data from Bloomberg Analyst Recommendations ("ANR"), an affiliate of the index provider.

Grade (RS Rating)

Last Trade

$72.90

Average Daily Volume

1,657

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMCO

Hilton Small-MidCap Opportunity ETF

SMCO Description

The Sub-Adviser uses its proprietary Small & Mid Cap Opportunities investment process ("SMCO Process") to seek risk-adjusted returns by investing in U.S. equity securities within the small- and mid-cap asset classes. The fund"s portfolio will typically consist of between 50-75 stocks. The fund"s portfolio will consistently consist of stocks that the Sub-Adviser deems fundamentally attractive and reasonably valued. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in equity securities of small- and mid-capitalization companies.

Grade (RS Rating)

Last Trade

$26.12

Average Daily Volume

14,884

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	UPGD	SMCO
30 Days	0.15%	2.58%
60 Days	3.31%	5.90%
90 Days	5.03%	8.36%
12 Months	31.49%

2 Overlapping Holdings

	Symbol	Grade	Weight in UPGD	Weight in SMCO	Overlap
	RL	C	2.36%	2.16%	2.16%
	TFX	F	1.56%	0.9%	0.9%

UPGD Overweight 46 Positions Relative to SMCO

Symbol	Grade	Weight
PLTR	A	3.48%
CVNA	A	3.0%
TOST	A	2.95%
KMI	A	2.45%
SNAP	D	2.37%
EPAM	C	2.28%
PCAR	C	2.28%
IP	A	2.25%
INTC	C	2.2%
T	A	2.15%
ODFL	B	2.15%
XEL	A	2.15%
CAH	B	2.09%
CARR	D	2.06%
CLX	A	2.06%
SHW	C	2.05%
CHRW	B	2.04%
HPQ	B	2.01%
CTSH	C	2.0%
EBAY	D	2.0%
CHD	A	1.98%
NOC	D	1.98%
DGX	A	1.97%
MMM	D	1.94%
LMT	D	1.94%
BBY	D	1.93%
ECL	D	1.91%
SO	C	1.9%
MOS	D	1.89%
EIX	C	1.87%
VZ	C	1.85%
HSIC	C	1.84%
STX	D	1.83%
SJM	D	1.77%
BALL	D	1.77%
AMCR	D	1.77%
HRL	D	1.76%
TSN	B	1.75%
KMX	C	1.75%
KHC	F	1.73%
KMB	C	1.73%
CPB	D	1.66%
LYB	F	1.65%
SIRI	D	1.58%
HII	F	1.43%
DG	F	1.16%

UPGD Underweight 60 Positions Relative to SMCO

Symbol	Grade	Weight
CLH	C	-2.9%
KD	A	-2.82%
HLI	B	-2.63%
PRIM	A	-2.62%
EME	A	-2.47%
DY	C	-2.35%
LYV	A	-2.24%
CBU	B	-2.12%
CFR	B	-2.12%
NVT	C	-2.02%
TDY	B	-1.99%
BAH	D	-1.96%
SAIA	C	-1.96%
MC	B	-1.95%
MTSI	B	-1.91%
EQT	A	-1.89%
MGNI	A	-1.84%
CIEN	B	-1.75%
BWXT	A	-1.71%
CBSH	A	-1.65%
PRMW	C	-1.64%
BURL	A	-1.63%
CMC	B	-1.62%
J	D	-1.61%
BJ	B	-1.6%
CYBR	A	-1.58%
MKSI	C	-1.57%
PLNT	A	-1.57%
RNR	C	-1.51%
VVV	D	-1.5%
TECH	F	-1.49%
ENTG	F	-1.47%
IDA	A	-1.46%
COLD	F	-1.45%
SFM	A	-1.45%
RS	B	-1.44%
BR	B	-1.39%
SNX	D	-1.34%
CRL	D	-1.31%
IRT	A	-1.25%
DBRG	F	-1.23%
DOX	D	-1.23%
POOL	D	-1.22%
ATR	B	-1.21%
LSTR	D	-1.15%
STE	D	-1.15%
TENB	D	-1.11%
CWEN	C	-1.1%
SMPL	B	-1.09%
WST	D	-1.05%
CTRA	B	-1.01%
CMS	C	-1.0%
ARES	A	-0.99%
ICFI	F	-0.95%
HP	C	-0.95%
ASH	F	-0.94%
MGY	A	-0.88%
ARE	F	-0.79%
REXR	F	-0.74%
ELF	C	-0.71%