CQQQ vs. CGRO ETF Comparison

Comparison of Guggenheim China Technology ETF (CQQQ) to CoreValues Alpha Greater China Growth ETF (CGRO)

CQQQ

Guggenheim China Technology ETF

CQQQ Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the AlphaShares China Technology Index. The fund invests at least 80% of its assets in common stock, ADRs, ADSs, GDRs and IDRs that comprise the index and depositary receipts or shares representing common stocks included in the index. The index is designed to measure and monitor the performance of the universe of publicly-traded companies which are based in mainland China, Hong Kong or Macau, are in the Information Technology Sector, as defined by GICS and are open to foreign investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$36.80

Average Daily Volume

186,693

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

CGRO

CoreValues Alpha Greater China Growth ETF

CGRO Description

CGRO aims to benefit from high-growth sectors in Greater China without compromising American values and interests. The fund includes companies of all sizes located or primarily traded in mainland China, Taiwan, and Chinas special administrative regions, such as Hong Kong. The portfolio construction starts with top-down macro research, which utilizes publicly available data to identify sectors with the highest growth potential. The fund also conducts on-the-ground due diligence wherein it gains insights from 15 investment professionals located in China. Lastly, a fundamental bottom-up approach is used to analyze company-specific data such as financial reports and management expertise. The weight of each sector and company is determined by the sub-advisers assessment of its growth potential, which may change over time. The fund may invest in China A-shares, depositary receipts, and issuers listed on exchanges outside China.

Grade (RS Rating)

Last Trade

$22.02

Average Daily Volume

287

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	CQQQ	CGRO
30 Days	21.13%	13.86%
60 Days	11.58%	10.52%
90 Days	20.10%	15.44%
12 Months	-7.50%

1 Overlapping Holdings

	Symbol	Grade	Weight in CQQQ	Weight in CGRO	Overlap
	PDD	B	10.09%	4.74%	4.74%

CQQQ Overweight 8 Positions Relative to CGRO

	Symbol	Grade	Weight
	BIDU	C	6.82%
	BILI	C	3.38%
	ATHM	B	1.43%
	YY	C	0.77%
	GDS	D	0.62%
	WB	C	0.57%
	TUYA	B	0.35%
	DADA	F	0.13%

CQQQ Underweight 2 Positions Relative to CGRO

	Symbol	Grade	Weight
	TCOM	A	-8.52%
	MNSO	B	-6.25%

CQQQ: Top Represented Industries & Keywords

Industries: Internet Content & Information Data Storage Internet Retail Software - Infrastructure Specialty Retail

Keywords: Games Computing Internet In China Nasdaq 100 Online Game Social Networking Services Advertising Services Aftermarket Services Ambient Intelligence Application Programming Interface Arts Automotive Aftermarket Banking Broadcasting Car Dealership Cloud Computing Cloud Infrastructure Cloud Services Colocation Consumer Behaviour

CGRO: Top Represented Industries & Keywords

Industries: Specialty Retail Leisure

Keywords: IBD 50 Nasdaq 100 Retailing Advertising Services Airline Tickets Consumer Behaviour Corporate Travel Management E-Commerce Electronics Lifestyle Products Perfume Property Management Sales Promotion Shopping Social Networks Textiles Travel Management Travel Related Services