APIE vs. NDOW ETF Comparison

Comparison of Trust for Professional Managers ActivePassive International Equity ETF (APIE) to Anydrus Advantage ETF (NDOW)

APIE

Trust for Professional Managers ActivePassive International Equity ETF

APIE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.

Grade (RS Rating)

Last Trade

$28.80

Average Daily Volume

47,382

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

NDOW

Anydrus Advantage ETF

NDOW Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of equity securities, fixed income securities and ETFs representing a broad range of asset classes. The fund seeks to provide attractive risk adjusted returns over market cycles by investing in a broadly diversified portfolio. In doing so, the fund seeks to provide investors with 1) reduced correlation to U.S. only stock and bond market movements, and 2) multiple alternative return sources that are independent from traditional U.S. stock and bond markets.

Grade (RS Rating)

Last Trade

$25.02

Average Daily Volume

2,597

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	APIE	NDOW
30 Days	-4.19%	-0.92%
60 Days	-3.36%	-1.17%
90 Days	-3.32%	-0.44%
12 Months	11.90%

11 Overlapping Holdings

Symbol	Grade	Weight in APIE	Weight in NDOW	Overlap
ABBV	F	0.37%	0.5%	0.37%
BABA	D	1.19%	0.58%	0.58%
BIDU	F	0.05%	0.52%	0.05%
BNTX	C	0.05%	0.61%	0.05%
E	F	0.31%	0.46%	0.31%
FINV	B	0.11%	0.58%	0.11%
INFY	C	0.53%	0.48%	0.48%
NICE	D	0.08%	0.68%	0.08%
NTES	D	0.12%	0.49%	0.12%
PBR	D	0.17%	0.45%	0.17%
YY	B	0.06%	0.49%	0.06%

APIE Overweight 201 Positions Relative to NDOW

Symbol	Grade	Weight
TSM	B	5.96%
SAP	B	1.98%
RELX	D	1.54%
NVO	F	1.45%
NVS	F	1.33%
UL	D	1.28%
AZN	F	1.25%
ASML	F	1.22%
TM	F	1.2%
HSBC	A	1.18%
HDB	C	0.96%
BTI	B	0.92%
BCS	A	0.81%
TAK	D	0.79%
BHP	F	0.75%
DEO	F	0.72%
SNY	F	0.72%
BP	D	0.69%
RIO	D	0.68%
IX	F	0.66%
GSK	F	0.66%
BUD	F	0.65%
TTE	F	0.6%
SMFG	B	0.59%
MUFG	B	0.58%
SAN	D	0.53%
HMC	F	0.53%
NGG	D	0.52%
IBN	C	0.51%
PDD	F	0.5%
BBVA	D	0.49%
ING	F	0.46%
PHG	C	0.46%
LYG	D	0.44%
NWG	A	0.43%
MFG	A	0.41%
IHG	A	0.39%
JD	D	0.38%
TEF	C	0.37%
MT	B	0.35%
ERIC	C	0.34%
AON	A	0.34%
PSO	B	0.33%
NOK	D	0.32%
ACN	B	0.31%
CHKP	C	0.31%
VOD	F	0.3%
NMR	B	0.3%
HLN	C	0.29%
TCOM	B	0.29%
SKM	C	0.29%
SHG	C	0.28%
RDY	F	0.27%
SNN	D	0.26%
RTO	C	0.26%
LOGI	D	0.25%
KT	A	0.25%
VALE	F	0.23%
KB	B	0.22%
JHX	D	0.21%
GLPG	F	0.2%
FMS	A	0.19%
EQNR	C	0.19%
ITUB	F	0.16%
ASX	D	0.16%
SE	A	0.15%
WPP	C	0.15%
WIT	B	0.14%
TEVA	C	0.14%
DOOO	F	0.13%
UMC	F	0.13%
ERJ	A	0.13%
ABEV	F	0.12%
CRTO	D	0.12%
CUK	A	0.12%
WF	C	0.12%
BBD	D	0.1%
ARGX	B	0.1%
ZTO	F	0.1%
BGNE	D	0.1%
SBS	B	0.09%
PKX	D	0.09%
GRFS	C	0.08%
WDS	D	0.08%
TS	B	0.08%
SW	A	0.08%
FUTU	D	0.08%
CHT	C	0.08%
LI	F	0.08%
CIG	C	0.08%
GFI	D	0.07%
QFIN	A	0.07%
CIB	B	0.07%
CCU	D	0.06%
NNDM	D	0.06%
PAC	B	0.06%
AKO.A	F	0.06%
KOF	F	0.06%
ASR	D	0.06%
VIPS	F	0.06%
HMY	D	0.06%
BEKE	D	0.06%
BCH	C	0.06%
GGAL	B	0.05%
ARM	F	0.05%
MTLS	A	0.05%
SOHU	F	0.05%
XPEV	C	0.05%
PAM	A	0.05%
FMX	F	0.05%
GOLD	C	0.05%
CX	F	0.05%
GMAB	F	0.05%
AKO.A	F	0.05%
HTHT	D	0.04%
DRD	D	0.04%
YMM	C	0.04%
TKC	B	0.04%
OPRA	B	0.04%
BWAY	B	0.04%
TME	D	0.04%
STM	F	0.04%
PHI	D	0.04%
IMOS	F	0.04%
ATHM	C	0.03%
IMMP	F	0.03%
BLTE	B	0.03%
VLRS	B	0.03%
TLK	D	0.03%
CRESY	B	0.03%
BILI	D	0.03%
EBR	F	0.03%
YPF	B	0.03%
TX	F	0.03%
GGB	C	0.03%
OMAB	D	0.03%
VIST	B	0.03%
NIO	F	0.03%
DAVA	C	0.03%
MREO	F	0.02%
BMA	C	0.02%
ELP	F	0.02%
ZLAB	C	0.02%
GNFT	F	0.02%
LPL	D	0.02%
BZ	F	0.02%
ATAT	C	0.02%
ASAI	F	0.02%
UGP	F	0.02%
SUPV	B	0.02%
ASND	F	0.02%
HIMX	F	0.02%
GDS	C	0.02%
BRFS	C	0.02%
XYF	D	0.02%
SUZ	B	0.02%
MOMO	D	0.02%
MYTE	B	0.02%
TAL	F	0.02%
CANG	B	0.02%
ENIC	B	0.02%
EDAP	F	0.01%
JMIA	F	0.01%
YALA	D	0.01%
DOYU	C	0.01%
MNSO	D	0.01%
BZUN	F	0.01%
DAO	B	0.01%
CEPU	B	0.01%
HUYA	F	0.01%
CLLS	F	0.01%
JKS	F	0.01%
LEGN	D	0.01%
TV	F	0.01%
GRVY	C	0.01%
RERE	C	0.01%
OTLY	F	0.01%
JFIN	F	0.01%
TEO	B	0.01%
BVN	D	0.01%
IPHA	D	0.01%
SQM	D	0.01%
VIV	F	0.01%
ADAP	F	0.0%
EVO	C	0.0%
HCM	D	0.0%
SSL	F	0.0%
CNF	F	0.0%
ORAN	F	0.0%
HEPS	C	0.0%
IQ	F	0.0%
AZUL	F	0.0%
DADA	F	0.0%
RLX	C	0.0%
TOUR	D	0.0%
SIMO	D	0.0%
YRD	F	0.0%
DDL	C	0.0%
EH	D	0.0%
SBSW	D	0.0%
KC	B	0.0%

APIE Underweight 26 Positions Relative to NDOW

Symbol	Grade	Weight
FLIA	C	-9.25%
IBTH	D	-8.45%
VGIT	D	-8.32%
IEI	D	-6.88%
XEMD	A	-6.18%
SCHI	D	-4.92%
IDMO	C	-4.91%
BSJS	A	-4.58%
SPMO	A	-4.39%
BKLC	A	-4.35%
SCHD	A	-4.25%
XSVN	F	-3.86%
VGLT	D	-2.83%
GLTR	C	-2.66%
SRE	A	-1.03%
ETN	A	-1.01%
JPM	A	-0.99%
BCC	B	-0.86%
NEE	C	-0.85%
NXPI	D	-0.8%
FCX	F	-0.8%
MPWR	F	-0.63%
OGN	F	-0.62%
ESEA	D	-0.62%
VRTX	D	-0.62%
REGN	F	-0.42%