WLDR vs. ITAN ETF Comparison

Comparison of Affinity World Leaders Equity ETF (WLDR) to Sparkline Intangible Value ETF (ITAN)

WLDR

Affinity World Leaders Equity ETF

WLDR Description

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the Thomson Reuters StarMine Affinity World Leaders Index (the index). The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities included in the index. The index is expected to consist of approximately 150 to 250 stocks of companies located in the U.S. and in at least three countries outside of the U.S. and may invest in up to 20 countries. It will be significantly invested in the securities of international companies in addition to securities of U.S. companies.

Grade (RS Rating)

Last Trade

$34.72

Average Daily Volume

3,014

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$32.05

Average Daily Volume

1,878

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

Performance

Period	WLDR	ITAN
30 Days	5.56%	5.34%
60 Days	5.63%	7.33%
90 Days	8.20%	9.71%
12 Months	36.70%	31.35%

21 Overlapping Holdings

Symbol	Grade	Weight in WLDR	Weight in ITAN	Overlap
ALL	A	0.58%	0.72%	0.58%
CMCSA	B	1.42%	1.06%	1.06%
CNC	D	0.53%	0.54%	0.53%
CTSH	B	1.92%	0.8%	0.8%
DAL	C	0.38%	0.6%	0.38%
DELL	C	3.12%	1.11%	1.11%
DOCU	A	2.06%	0.53%	0.53%
EBAY	D	1.68%	0.66%	0.66%
EMN	D	0.44%	0.34%	0.34%
HPE	B	2.96%	0.63%	0.63%
KR	B	0.89%	0.51%	0.51%
LMT	D	0.94%	0.39%	0.39%
META	D	2.91%	2.87%	2.87%
MMM	D	0.95%	0.89%	0.89%
NTAP	C	2.79%	0.6%	0.6%
PFE	D	1.96%	1.28%	1.28%
PYPL	B	0.64%	1.1%	0.64%
SWK	D	0.69%	0.29%	0.29%
UAL	A	0.41%	0.7%	0.41%
VTRS	A	2.18%	0.49%	0.49%
VZ	C	1.31%	1.3%	1.3%

WLDR Overweight 52 Positions Relative to ITAN

Symbol	Grade	Weight
APP	B	3.48%
AMAT	F	2.91%
BURL	A	2.66%
STX	D	2.65%
CPNG	D	2.48%
GEN	B	1.91%
SSNC	B	1.74%
DFS	B	1.44%
RF	A	1.32%
TROW	B	1.31%
BK	A	1.29%
BRK.A	B	1.21%
OMC	C	1.2%
TEVA	D	1.06%
PM	B	1.03%
VRT	B	1.02%
BKR	B	1.0%
WMB	A	0.99%
OC	A	0.95%
MO	A	0.94%
TOL	B	0.9%
USFD	A	0.87%
FANG	D	0.82%
BCS	C	0.8%
RCL	A	0.78%
CCL	B	0.77%
CI	F	0.7%
FI	A	0.7%
THC	D	0.66%
ELV	F	0.64%
HCA	F	0.63%
UHS	D	0.59%
MKL	A	0.56%
LOGI	D	0.54%
AER	B	0.51%
GOLD	D	0.49%
CF	B	0.48%
RNR	C	0.46%
VST	B	0.41%
ETR	B	0.4%
FIS	C	0.4%
SPG	B	0.36%
PPL	B	0.36%
EVRG	A	0.35%
EXC	C	0.35%
LUV	C	0.3%
VICI	C	0.3%
DOC	D	0.29%
CPT	B	0.29%
GLPI	C	0.28%
PKG	A	0.26%
NEM	D	0.22%

WLDR Underweight 130 Positions Relative to ITAN

Symbol	Grade	Weight
AMZN	C	-4.86%
ORCL	B	-2.31%
CRM	B	-2.14%
GOOGL	C	-2.09%
GOOG	C	-2.09%
CSCO	B	-1.78%
IBM	C	-1.69%
ACN	C	-1.6%
QCOM	F	-1.55%
T	A	-1.55%
WFC	A	-1.51%
TMUS	B	-1.42%
INTC	D	-1.26%
RTX	C	-1.23%
HON	B	-1.21%
MDT	D	-1.18%
DIS	B	-1.1%
COF	B	-1.09%
TGT	F	-1.03%
BMY	B	-1.03%
GM	B	-1.0%
BA	F	-0.96%
GILD	C	-0.92%
NOC	D	-0.91%
CVS	D	-0.9%
PANW	C	-0.89%
SQ	B	-0.87%
FDX	B	-0.85%
CMI	A	-0.84%
F	C	-0.82%
LHX	C	-0.74%
HPQ	B	-0.72%
CHTR	C	-0.72%
DASH	A	-0.71%
BDX	F	-0.7%
GD	F	-0.7%
WDAY	B	-0.7%
JCI	C	-0.69%
NXPI	D	-0.66%
ADSK	A	-0.64%
GLW	B	-0.59%
EXPE	B	-0.58%
CVNA	B	-0.56%
LDOS	C	-0.55%
ZM	B	-0.54%
ILMN	D	-0.54%
WBD	C	-0.53%
EA	A	-0.53%
CAH	B	-0.53%
PRU	A	-0.53%
WDC	D	-0.53%
HUM	C	-0.53%
SNAP	C	-0.51%
ZS	C	-0.51%
TWLO	A	-0.49%
NTNX	A	-0.49%
BAH	F	-0.47%
FFIV	B	-0.46%
BBY	D	-0.46%
IQV	D	-0.46%
ZBRA	B	-0.46%
J	F	-0.45%
ROK	B	-0.45%
LH	C	-0.45%
OKTA	C	-0.44%
BAX	D	-0.44%
DD	D	-0.44%
DGX	A	-0.43%
TRMB	B	-0.43%
BIIB	F	-0.42%
JNPR	F	-0.42%
ACM	A	-0.42%
CIEN	B	-0.41%
CACI	D	-0.41%
PSTG	D	-0.39%
ROKU	D	-0.39%
AAL	B	-0.38%
LUMN	C	-0.37%
JLL	D	-0.37%
LYFT	C	-0.37%
DBX	B	-0.37%
JBL	B	-0.37%
DVA	B	-0.36%
IP	B	-0.34%
TRU	D	-0.34%
TPR	B	-0.34%
NWSA	B	-0.33%
JAZZ	B	-0.32%
SWKS	F	-0.32%
AKAM	D	-0.32%
ALLY	C	-0.32%
TAP	C	-0.31%
ELAN	D	-0.3%
ACI	C	-0.3%
TXT	D	-0.3%
ETSY	D	-0.29%
WBA	F	-0.29%
ANF	C	-0.28%
G	B	-0.28%
PARA	C	-0.28%
RIVN	F	-0.27%
BIO	D	-0.27%
WHR	B	-0.27%
HAS	D	-0.26%
MASI	A	-0.26%
BOX	B	-0.26%
EXAS	D	-0.26%
FAF	A	-0.25%
W	F	-0.25%
U	C	-0.25%
PATH	C	-0.24%
DOX	D	-0.24%
ALK	C	-0.24%
GAP	C	-0.24%
IVZ	B	-0.24%
MAT	D	-0.24%
UAA	C	-0.24%
ARW	D	-0.23%
FLS	B	-0.23%
MTCH	D	-0.23%
BWA	D	-0.22%
NOV	C	-0.22%
RHI	B	-0.22%
HRB	D	-0.21%
QRVO	F	-0.2%
AGCO	D	-0.19%
HOG	D	-0.19%
M	D	-0.16%
RUN	F	-0.14%
XRAY	F	-0.13%