XLF vs. ITAN ETF Comparison

Comparison of SPDR Select Sector Fund - Financial (XLF) to Sparkline Intangible Value ETF (ITAN)

XLF

SPDR Select Sector Fund - Financial

XLF Description

The investment seeks investment results that, before expenses, correspond to the price and yield performance of publicly traded equity securities of companies in The Financial Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: diversified financial services; insurance; commercial banks; capital markets; REITs; consumer finance; thrifts & mortgage finance; and real estate management & development. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.65

Average Daily Volume

39,045,484

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

$31.70

Average Daily Volume

1,737

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

Performance

Period	XLF	ITAN
30 Days	6.41%	3.38%
60 Days	10.28%	6.58%
90 Days	13.33%	8.51%
12 Months	44.57%	29.92%

6 Overlapping Holdings

Symbol	Grade	Weight in XLF	Weight in ITAN	Overlap
ALL	A	0.75%	0.72%	0.72%
COF	C	1.02%	1.09%	1.02%
IVZ	B	0.12%	0.24%	0.12%
PRU	A	0.65%	0.53%	0.53%
PYPL	B	1.27%	1.1%	1.1%
WFC	A	3.6%	1.51%	1.51%

XLF Overweight 66 Positions Relative to ITAN

Symbol	Grade	Weight
BRK.A	B	12.45%
JPM	A	10.0%
V	A	7.49%
MA	B	6.24%
BAC	A	4.5%
GS	A	2.7%
MS	A	2.4%
SPGI	C	2.38%
AXP	A	2.36%
PGR	A	2.19%
BLK	B	2.12%
BX	A	1.9%
C	A	1.89%
FI	A	1.76%
SCHW	B	1.74%
MMC	B	1.58%
CB	C	1.57%
KKR	A	1.48%
ICE	C	1.31%
PNC	B	1.2%
AON	A	1.19%
CME	B	1.17%
USB	A	1.14%
MCO	B	1.1%
AJG	A	0.94%
TFC	A	0.9%
TRV	B	0.85%
BK	A	0.83%
AMP	A	0.8%
AFL	B	0.8%
MET	A	0.71%
AIG	B	0.71%
FIS	C	0.7%
MSCI	C	0.69%
DFS	B	0.63%
ACGL	C	0.54%
MTB	A	0.52%
HIG	B	0.5%
NDAQ	A	0.47%
FITB	B	0.46%
WTW	B	0.46%
GPN	B	0.43%
RJF	A	0.43%
STT	B	0.41%
TROW	B	0.39%
BRO	B	0.38%
HBAN	A	0.37%
SYF	B	0.37%
CPAY	A	0.37%
RF	A	0.35%
CINF	A	0.34%
NTRS	A	0.31%
CBOE	C	0.3%
CFG	B	0.3%
PFG	D	0.27%
FDS	B	0.27%
KEY	B	0.26%
WRB	A	0.26%
EG	C	0.23%
L	A	0.22%
JKHY	D	0.18%
AIZ	A	0.16%
MKTX	D	0.15%
ERIE	D	0.15%
GL	C	0.14%
BEN	C	0.1%

XLF Underweight 145 Positions Relative to ITAN

Symbol	Grade	Weight
AMZN	C	-4.86%
META	D	-2.87%
ORCL	A	-2.31%
CRM	B	-2.14%
GOOGL	C	-2.09%
GOOG	C	-2.09%
CSCO	B	-1.78%
IBM	C	-1.69%
ACN	B	-1.6%
QCOM	F	-1.55%
T	A	-1.55%
TMUS	B	-1.42%
VZ	C	-1.3%
PFE	F	-1.28%
INTC	C	-1.26%
RTX	D	-1.23%
HON	C	-1.21%
MDT	D	-1.18%
DELL	B	-1.11%
DIS	B	-1.1%
CMCSA	B	-1.06%
TGT	F	-1.03%
BMY	B	-1.03%
GM	C	-1.0%
BA	F	-0.96%
GILD	C	-0.92%
NOC	D	-0.91%
CVS	D	-0.9%
MMM	D	-0.89%
PANW	B	-0.89%
SQ	A	-0.87%
FDX	B	-0.85%
CMI	A	-0.84%
F	C	-0.82%
CTSH	B	-0.8%
LHX	C	-0.74%
HPQ	B	-0.72%
CHTR	C	-0.72%
DASH	B	-0.71%
BDX	F	-0.7%
GD	D	-0.7%
WDAY	B	-0.7%
UAL	A	-0.7%
JCI	B	-0.69%
EBAY	D	-0.66%
NXPI	D	-0.66%
ADSK	A	-0.64%
HPE	B	-0.63%
DAL	B	-0.6%
NTAP	C	-0.6%
GLW	B	-0.59%
EXPE	B	-0.58%
CVNA	B	-0.56%
LDOS	C	-0.55%
CNC	D	-0.54%
ZM	C	-0.54%
ILMN	C	-0.54%
WBD	B	-0.53%
DOCU	B	-0.53%
EA	A	-0.53%
CAH	B	-0.53%
WDC	D	-0.53%
HUM	C	-0.53%
SNAP	D	-0.51%
KR	B	-0.51%
ZS	B	-0.51%
TWLO	A	-0.49%
NTNX	B	-0.49%
VTRS	A	-0.49%
BAH	F	-0.47%
FFIV	B	-0.46%
BBY	D	-0.46%
IQV	F	-0.46%
ZBRA	B	-0.46%
J	D	-0.45%
ROK	C	-0.45%
LH	B	-0.45%
OKTA	C	-0.44%
BAX	F	-0.44%
DD	C	-0.44%
DGX	A	-0.43%
TRMB	B	-0.43%
BIIB	F	-0.42%
JNPR	D	-0.42%
ACM	B	-0.42%
CIEN	C	-0.41%
CACI	D	-0.41%
LMT	D	-0.39%
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	C	-0.37%
DVA	C	-0.36%
IP	A	-0.34%
EMN	C	-0.34%
TRU	D	-0.34%
TPR	B	-0.34%
NWSA	A	-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%
SWK	D	-0.29%
ETSY	D	-0.29%
WBA	F	-0.29%
ANF	F	-0.28%
G	B	-0.28%
PARA	C	-0.28%
RIVN	F	-0.27%
BIO	C	-0.27%
WHR	B	-0.27%
HAS	D	-0.26%
MASI	B	-0.26%
BOX	B	-0.26%
EXAS	D	-0.26%
FAF	A	-0.25%
W	D	-0.25%
U	C	-0.25%
PATH	C	-0.24%
DOX	D	-0.24%
ALK	B	-0.24%
GAP	C	-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	C	-0.22%
HRB	D	-0.21%
QRVO	F	-0.2%
AGCO	D	-0.19%
HOG	D	-0.19%
M	F	-0.16%
RUN	F	-0.14%
XRAY	F	-0.13%