AADR vs. IFRA ETF Comparison

Comparison of WCM BNY Mellon Focused Growth ADR ETF (AADR) to iShares U.S. Infrastructure ETF (IFRA)

AADR

WCM BNY Mellon Focused Growth ADR ETF

AADR Description

The investment seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the fund's primary benchmark, and the MSCI EAFE Index, the fund's secondary benchmark. The sub-advisor seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"), included in the BNY Mellon Classic ADR Index. The fund's investment focus follows the Sub-Advisor's core philosophy of investing in industry-leading non-U.S. organizations led by visionary management teams with sound business strategies.

Grade (RS Rating)

Last Trade

$67.36

Average Daily Volume

901

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IFRA

iShares U.S. Infrastructure ETF

IFRA Description

The investment seeks to track the investment results of the NYSE® FactSet U.S. Infrastructure Index (the "underlying index"), an index composed of equities of U.S. companies that have infrastructure exposure and that could benefit from a potential increase in domestic infrastructure activities. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The index is designed to measure the performance of equity securities of U.S. companies involved in U.S. focused infrastructure activities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.89

Average Daily Volume

302,283

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

Performance

Period	AADR	IFRA
30 Days	2.53%	4.61%
60 Days	6.09%	7.42%
90 Days	9.67%	13.02%
12 Months	31.09%	37.12%

0 Overlapping Holdings

	Symbol	Grade	Weight in AADR	Weight in IFRA	Overlap

AADR Overweight 26 Positions Relative to IFRA

Symbol	Grade	Weight
YPF	A	6.36%
GGAL	A	5.56%
NVO	D	4.85%
BMA	B	4.69%
ERJ	B	4.36%
PAM	A	3.96%
ABBV	F	3.64%
MUFG	B	3.6%
QFIN	A	3.05%
SAP	A	3.04%
VRNA	A	2.9%
BCS	A	2.74%
RELX	D	2.72%
BBVA	D	2.68%
MELI	C	2.68%
SE	A	2.63%
ERIC	B	2.58%
SMFG	B	2.54%
HMY	C	2.49%
TSM	C	2.36%
ING	D	2.13%
TEVA	C	2.13%
CHKP	C	2.09%
NVS	D	2.03%
FUTU	C	1.79%
TCOM	B	1.74%

AADR Underweight 150 Positions Relative to IFRA

Symbol	Grade	Weight
VST	A	-1.23%
USLM	B	-0.91%
DTM	A	-0.87%
CENX	B	-0.86%
KNTK	A	-0.85%
CEG	C	-0.85%
MYRG	C	-0.84%
STRL	B	-0.83%
KMI	A	-0.83%
AGX	B	-0.82%
WMB	A	-0.82%
MGEE	B	-0.8%
PRIM	A	-0.8%
NRG	B	-0.79%
ETR	A	-0.79%
OKE	A	-0.78%
ROAD	B	-0.77%
IDA	A	-0.74%
TXNM	A	-0.73%
ENLC	A	-0.72%
XEL	A	-0.72%
FIX	A	-0.72%
CNP	A	-0.72%
LMB	A	-0.72%
SRE	A	-0.72%
ATO	A	-0.72%
AEE	A	-0.71%
OGS	A	-0.71%
CMP	C	-0.71%
NI	A	-0.71%
GBX	B	-0.71%
PEG	A	-0.71%
MSEX	B	-0.7%
CPK	A	-0.7%
EME	A	-0.7%
MTZ	A	-0.7%
CSX	C	-0.7%
PCG	A	-0.69%
BKH	A	-0.69%
EVRG	A	-0.69%
OGE	A	-0.69%
AM	A	-0.69%
NSC	B	-0.69%
AWR	B	-0.68%
HEES	C	-0.68%
MLI	B	-0.68%
MTRX	A	-0.68%
PNW	A	-0.68%
PPL	A	-0.68%
NWN	A	-0.68%
LXFR	B	-0.68%
LNT	A	-0.67%
ALE	A	-0.67%
GLDD	B	-0.67%
RYI	C	-0.67%
SUM	B	-0.67%
WEC	A	-0.67%
SR	A	-0.66%
APOG	B	-0.66%
AGR	A	-0.66%
UTL	B	-0.66%
NWE	C	-0.66%
GVA	A	-0.66%
D	C	-0.65%
BXC	B	-0.65%
WTRG	B	-0.65%
PWR	A	-0.65%
CMS	C	-0.65%
EXC	C	-0.65%
DTE	C	-0.64%
SO	C	-0.64%
NWPX	A	-0.64%
CRS	A	-0.64%
AWI	A	-0.63%
POR	C	-0.63%
EXP	B	-0.63%
KNF	B	-0.63%
TPC	C	-0.63%
VMI	B	-0.63%
NGVT	B	-0.63%
AVA	C	-0.63%
STLD	B	-0.62%
OC	A	-0.62%
NEE	C	-0.62%
URI	B	-0.62%
UNP	D	-0.62%
EIX	C	-0.62%
DUK	C	-0.62%
FE	C	-0.61%
CWT	C	-0.61%
ECVT	C	-0.61%
ASTE	C	-0.61%
ARTNA	F	-0.61%
YORW	D	-0.61%
TRN	B	-0.6%
ES	C	-0.6%
SJW	F	-0.6%
AWK	C	-0.6%
AEP	C	-0.6%
VMC	B	-0.6%
LPX	B	-0.6%
ED	C	-0.6%
CMC	B	-0.59%
KALU	C	-0.59%
LXU	C	-0.59%
HE	C	-0.59%
X	C	-0.58%
MLM	B	-0.58%
TREX	C	-0.57%
OSK	C	-0.57%
FLR	B	-0.57%
CSL	C	-0.56%
BCC	C	-0.56%
RS	B	-0.56%
AZEK	B	-0.56%
ACM	B	-0.56%
ASIX	B	-0.55%
APG	C	-0.55%
SWX	A	-0.55%
ROCK	D	-0.54%
NFE	F	-0.54%
SSD	D	-0.53%
BWMN	C	-0.53%
HWKN	B	-0.53%
BLDR	F	-0.53%
XPEL	C	-0.53%
ZEUS	C	-0.52%
POOL	D	-0.52%
NUE	D	-0.52%
TEX	D	-0.52%
KOP	C	-0.51%
EMN	D	-0.51%
AESI	B	-0.5%
CLF	F	-0.5%
OLN	F	-0.5%
BLD	F	-0.5%
NVEE	F	-0.5%
HAYN	A	-0.5%
MTUS	D	-0.49%
J	D	-0.49%
IIIN	C	-0.48%
ATI	C	-0.48%
WOR	F	-0.47%
WMS	F	-0.46%
WLK	F	-0.46%
LYB	F	-0.44%
MDU	D	-0.36%
MATV	F	-0.33%
NVRI	D	-0.33%
TTEK	F	-0.09%