ANEW vs. ITAN ETF Comparison

Comparison of ProShares MSCI Transformational Changes ETF (ANEW) to Sparkline Intangible Value ETF (ITAN)

ANEW

ProShares MSCI Transformational Changes ETF

ANEW Description

The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the index). The fund seeks to invest substantially all of its assets in the securities included in the index. The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect (Transformational Changes) - changes accelerated by COVID-19.

Grade (RS Rating)

Last Trade

$42.28

Average Daily Volume

337

Number of Holdings ^*

124

* 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

$28.42

Average Daily Volume

2,499

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

Performance

Period	ANEW	ITAN
30 Days	1.88%	1.92%
60 Days	4.81%	2.57%
90 Days	3.84%	0.44%
12 Months	15.12%	18.38%

29 Overlapping Holdings

Symbol	Grade	Weight in ANEW	Weight in ITAN	Overlap
AGCO	F	0.91%	0.25%	0.25%
AKAM	F	0.18%	0.37%	0.18%
AMZN	A	2.15%	4.35%	2.15%
BDX	F	1.21%	0.65%	0.65%
BOX	D	0.19%	0.17%	0.17%
CRM	C	0.28%	1.98%	0.28%
CSCO	D	0.57%	1.72%	0.57%
DASH	D	1.95%	0.57%	0.57%
DBX	D	0.18%	0.37%	0.18%
DGX	C	0.28%	0.4%	0.28%
DOCU	D	0.17%	0.44%	0.17%
EA	B	0.62%	0.48%	0.48%
EBAY	B	0.58%	0.68%	0.58%
FFIV	D	0.19%	0.41%	0.19%
GOOGL	A	1.88%	2.15%	1.88%
HPE	C	0.23%	0.6%	0.23%
ILMN	F	0.31%	0.44%	0.31%
JNPR	B	0.2%	0.45%	0.2%
META	B	2.22%	3.05%	2.22%
NTAP	A	0.22%	0.66%	0.22%
NTNX	D	0.15%	0.47%	0.15%
NXPI	B	0.18%	0.79%	0.18%
OKTA	C	0.17%	0.48%	0.17%
ORCL	A	0.49%	2.45%	0.49%
PANW	B	0.25%	0.91%	0.25%
PYPL	D	0.17%	0.84%	0.17%
QCOM	B	0.71%	1.82%	0.71%
SNAP	C	0.61%	0.7%	0.61%
WDAY	D	0.17%	0.62%	0.17%

ANEW Overweight 95 Positions Relative to ITAN

Symbol	Grade	Weight
NVDA	B	2.58%
ADBE	B	2.26%
AAPL	A	2.21%
ISRG	B	2.2%
NFLX	A	2.1%
MSFT	A	2.1%
BKNG	B	2.08%
ABBV	C	2.06%
ABT	D	2.02%
BSX	B	2.02%
MRK	C	1.97%
DE	F	1.94%
IFF	B	1.94%
MKC	D	1.9%
DHR	D	1.88%
CTVA	D	1.88%
BABA	D	1.68%
AVGO	B	1.59%
AMAT	B	1.14%
FMC	F	1.03%
EW	B	1.02%
V	D	0.96%
CNH	F	0.95%
MA	D	0.85%
DXCM	F	0.8%
SFM	B	0.75%
MRNA	D	0.72%
PINS	B	0.61%
TTWO	C	0.59%
SE	C	0.58%
ZD	F	0.56%
ANSS	C	0.56%
OMC	D	0.54%
RMD	D	0.51%
DKNG	F	0.49%
SMPL	D	0.49%
NEOG	C	0.48%
TCOM	C	0.48%
WST	F	0.44%
AMD	B	0.42%
SXT	D	0.39%
SMG	D	0.38%
GH	C	0.26%
MEDP	C	0.23%
TWST	C	0.23%
NTRA	B	0.23%
GMED	A	0.22%
ACHC	F	0.22%
TMDX	B	0.22%
CHKP	A	0.21%
TECH	D	0.21%
HOOD	B	0.21%
ALTR	B	0.21%
DOCS	C	0.21%
CVLT	A	0.21%
NOVT	C	0.21%
AI	B	0.21%
NOW	B	0.21%
NET	B	0.21%
CYBR	B	0.21%
CRSP	F	0.21%
RARE	F	0.21%
CRWD	A	0.21%
SMAR	B	0.2%
VRNS	B	0.2%
EQIX	D	0.19%
INSP	F	0.19%
ENOV	F	0.19%
TENB	D	0.19%
COIN	D	0.19%
QGEN	D	0.19%
PRFT	B	0.19%
PCOR	C	0.18%
IDYA	F	0.18%
KTOS	B	0.18%
MARA	B	0.18%
EEFT	D	0.18%
MSTR	D	0.18%
SYNA	D	0.18%
PRCT	C	0.18%
QTWO	C	0.18%
BLKB	D	0.18%
HSIC	F	0.18%
CGNX	B	0.18%
CLSK	D	0.17%
TNDM	D	0.17%
CCOI	D	0.17%
BL	D	0.17%
DT	F	0.17%
FIVN	F	0.16%
SLAB	D	0.16%
IRDM	F	0.16%
RIOT	F	0.16%
PCTY	F	0.15%
SMTC	D	0.14%

ANEW Underweight 120 Positions Relative to ITAN

Symbol	Grade	Weight
GOOG	A	-2.14%
IBM	B	-1.61%
ACN	C	-1.54%
T	B	-1.54%
INTC	D	-1.46%
WFC	C	-1.42%
PFE	D	-1.39%
VZ	B	-1.38%
DELL	B	-1.35%
TMUS	B	-1.25%
MDT	D	-1.15%
RTX	D	-1.15%
BA	C	-1.15%
HON	B	-1.12%
DIS	F	-1.11%
TGT	D	-1.09%
GE	C	-1.02%
FDX	B	-1.0%
CMCSA	D	-0.99%
CVS	D	-0.93%
UBER	B	-0.92%
COF	C	-0.91%
LMT	B	-0.91%
NOC	D	-0.9%
F	B	-0.9%
GM	B	-0.87%
GILD	C	-0.85%
MMM	B	-0.83%
CMI	D	-0.82%
BMY	F	-0.82%
CTSH	C	-0.75%
GD	D	-0.74%
SQ	D	-0.74%
HPQ	C	-0.73%
ALL	D	-0.7%
CHTR	C	-0.69%
CNC	D	-0.65%
LHX	A	-0.65%
WDC	B	-0.64%
HUM	C	-0.63%
JCI	D	-0.6%
GLW	B	-0.56%
PRU	A	-0.55%
TEL	B	-0.55%
DAL	D	-0.55%
J	D	-0.54%
LDOS	B	-0.52%
BAX	F	-0.52%
BIIB	C	-0.51%
BAH	B	-0.51%
UAL	D	-0.5%
CAH	D	-0.49%
BBY	C	-0.49%
EXPE	C	-0.48%
DD	B	-0.48%
KR	C	-0.48%
PSTG	C	-0.47%
CVNA	B	-0.46%
ZBRA	C	-0.46%
VTRS	F	-0.45%
HAL	F	-0.45%
ZS	B	-0.43%
ROK	D	-0.42%
CACI	B	-0.41%
WBD	F	-0.41%
TWLO	D	-0.39%
ACM	D	-0.39%
DVA	C	-0.39%
ALLY	B	-0.38%
ROKU	D	-0.38%
ZM	D	-0.37%
CIEN	F	-0.36%
JLL	B	-0.36%
JBL	F	-0.36%
Z	C	-0.35%
WRK	D	-0.35%
AAL	F	-0.35%
EMN	D	-0.34%
SWKS	C	-0.33%
ACI	F	-0.33%
APTV	F	-0.33%
IP	C	-0.33%
WBA	F	-0.32%
TRMB	D	-0.32%
TRU	C	-0.32%
SAIC	F	-0.31%
W	D	-0.31%
LUV	B	-0.31%
TPR	C	-0.3%
WHR	C	-0.3%
LYFT	F	-0.29%
EXAS	F	-0.29%
SWK	F	-0.28%
QRVO	B	-0.28%
PII	F	-0.28%
TAP	F	-0.28%
JAZZ	F	-0.27%
ETSY	F	-0.27%
HAS	D	-0.27%
GPS	C	-0.26%
DOX	D	-0.26%
ELAN	F	-0.26%
NOV	C	-0.25%
ARW	D	-0.25%
PARA	D	-0.25%
IVZ	D	-0.24%
HRB	A	-0.24%
MASI	F	-0.23%
BWA	F	-0.23%
G	D	-0.23%
ALK	D	-0.22%
MAT	F	-0.22%
PATH	F	-0.22%
U	F	-0.22%
MTCH	F	-0.21%
HOG	F	-0.21%
RHI	F	-0.21%
RUN	F	-0.2%
M	D	-0.19%
KSS	F	-0.15%