ADPV vs. IWTR ETF Comparison

Comparison of Adaptiv Select ETF (ADPV) to iShares MSCI Water Management Multisector ETF (IWTR)

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.54

Average Daily Volume

4,155

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IWTR

iShares MSCI Water Management Multisector ETF

IWTR Description

The iShares MSCI Water Management Multisector ETF seeks to track the investment results of an index composed of U.S. and non-U.S. companies that either 1) derive a proportion of their revenues from sustainable water products or services or 2) demonstrate relative efficiency in their water management.

Grade (RS Rating)

Last Trade

$30.61

Average Daily Volume

294

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ADPV	IWTR
30 Days	-2.09%	-0.22%
60 Days	4.71%	1.82%
90 Days	15.14%	6.34%
12 Months	31.85%	11.83%

1 Overlapping Holdings

	Symbol	Grade	Weight in ADPV	Weight in IWTR	Overlap
	CNM	A	5.22%	4.86%	4.86%

ADPV Overweight 9 Positions Relative to IWTR

Symbol	Grade	Weight
VRT	A	5.88%
VST	A	5.79%
APP	B	5.13%
NTNX	C	4.79%
UBER	D	4.69%
NRG	A	4.38%
INFA	D	4.34%
HOOD	C	4.3%
OWL	C	4.14%

ADPV Underweight 16 Positions Relative to IWTR

Symbol	Grade	Weight
XYL	A	-6.96%
MAR	D	-5.88%
TXN	A	-5.78%
ECL	A	-5.49%
DEO	F	-4.98%
HLT	D	-4.45%
AWK	B	-4.3%
BMI	A	-3.01%
WTS	C	-3.01%
FELE	D	-2.32%
ZWS	D	-2.02%
MKC	B	-1.71%
AWR	C	-1.57%
K	B	-1.39%
CCEP	A	-1.29%
ERII	F	-0.31%