UPGD vs. SMRI ETF Comparison

Comparison of Invesco Bloomberg Analyst Rating Improvers ETF (UPGD) to Bushido Capital US Equity ETF (SMRI)

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

$73.08

Average Daily Volume

1,623

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMRI

Bushido Capital US Equity ETF

SMRI Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in U.S. listed common stock.

Grade (RS Rating)

Last Trade

$32.37

Average Daily Volume

2,776

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	UPGD	SMRI
30 Days	0.61%	3.18%
60 Days	3.75%	8.18%
90 Days	6.86%	10.17%
12 Months	34.55%	31.36%

3 Overlapping Holdings

Symbol	Grade	Weight in UPGD	Weight in SMRI	Overlap
CAH	B	2.09%	1.99%	1.99%
EPAM	B	2.28%	2.18%	2.18%
PCAR	B	2.28%	2.12%	2.12%

UPGD Overweight 45 Positions Relative to SMRI

Symbol	Grade	Weight
PLTR	A	3.48%
CVNA	A	3.0%
TOST	A	2.95%
KMI	A	2.45%
SNAP	D	2.37%
RL	B	2.36%
IP	A	2.25%
INTC	C	2.2%
T	A	2.15%
ODFL	B	2.15%
XEL	A	2.15%
CARR	D	2.06%
CLX	A	2.06%
SHW	B	2.05%
CHRW	A	2.04%
HPQ	B	2.01%
CTSH	B	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	C	1.93%
ECL	D	1.91%
SO	C	1.9%
MOS	D	1.89%
EIX	C	1.87%
VZ	C	1.85%
HSIC	D	1.84%
STX	D	1.83%
SJM	F	1.77%
BALL	D	1.77%
AMCR	C	1.77%
HRL	D	1.76%
TSN	A	1.75%
KMX	B	1.75%
KHC	F	1.73%
KMB	C	1.73%
CPB	D	1.66%
LYB	F	1.65%
SIRI	C	1.58%
TFX	F	1.56%
HII	F	1.43%
DG	F	1.16%

UPGD Underweight 47 Positions Relative to SMRI

Symbol	Grade	Weight
APP	A	-3.54%
DOCU	A	-2.44%
DAL	A	-2.4%
MCK	A	-2.34%
SNA	A	-2.31%
VST	A	-2.28%
JBL	C	-2.25%
EXPE	A	-2.23%
BKNG	A	-2.21%
EME	B	-2.18%
ZM	B	-2.15%
HPE	B	-2.12%
UTHR	B	-2.1%
ABNB	C	-2.1%
PAYX	B	-2.05%
GEN	B	-2.04%
COR	B	-2.04%
FFIV	B	-2.03%
NRG	B	-2.03%
OC	A	-2.0%
NUE	D	-2.0%
CVX	A	-1.99%
EG	D	-1.95%
XOM	B	-1.93%
PYPL	A	-1.93%
BWA	A	-1.93%
QCOM	F	-1.92%
VLO	C	-1.89%
SLB	C	-1.87%
NTAP	D	-1.87%
EOG	A	-1.85%
AMGN	D	-1.83%
FANG	D	-1.83%
MOH	F	-1.82%
LKQ	D	-1.78%
NVR	D	-1.77%
DVN	F	-1.76%
MPC	D	-1.75%
LEN	D	-1.74%
BLD	F	-1.73%
PHM	D	-1.71%
CI	D	-1.69%
BG	D	-1.66%
MRK	F	-1.63%
WSM	F	-1.63%
CNC	F	-1.56%
ELV	F	-1.51%