AQWA vs. IPO ETF Comparison

Comparison of Global X Clean Water ETF (AQWA) to Renaissance IPO ETF (IPO)

AQWA

Global X Clean Water ETF

AQWA Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Clean Water Industry Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to provide exposure to companies that have business operations in the provision of clean water. It is non-diversified.

Grade (RS Rating)

Last Trade

$18.42

Average Daily Volume

2,354

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IPO

Renaissance IPO ETF

IPO Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.11

Average Daily Volume

53,004

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AQWA	IPO
30 Days	3.02%	4.63%
60 Days	1.60%	7.56%
90 Days	8.67%	6.97%
12 Months	30.57%	36.18%

1 Overlapping Holdings

	Symbol	Grade	Weight in AQWA	Weight in IPO	Overlap
	CNM	F	4.1%	3.24%	3.24%

AQWA Overweight 20 Positions Relative to IPO

Symbol	Grade	Weight
AWK	C	8.21%
ECL	B	7.82%
XYL	C	7.81%
PNR	B	7.41%
AOS	B	4.42%
WMS	D	4.36%
WTRG	D	4.32%
BMI	B	3.29%
WTS	C	2.79%
ZWS	B	2.55%
FELE	B	2.06%
AWR	C	1.68%
CWT	D	1.65%
MWA	B	1.64%
SJW	F	0.95%
MSEX	C	0.6%
ERII	C	0.54%
YORW	D	0.3%
ARTNA	F	0.3%
CWCO	F	0.28%

AQWA Underweight 28 Positions Relative to IPO

Symbol	Grade	Weight
KVUE	B	-11.89%
NU	C	-11.63%
ARM	C	-7.17%
HOOD	C	-6.99%
ONON	B	-5.85%
RIVN	F	-5.15%
DUOL	C	-4.07%
CRBG	C	-3.29%
RYAN	C	-3.12%
GTLB	D	-2.96%
S	D	-2.52%
TPG	C	-2.28%
GFS	F	-1.83%
NUVL	D	-1.68%
HCP	A	-1.55%
BROS	D	-1.47%
FRSH	F	-1.07%
BIRK	F	-0.9%
BRZE	F	-0.86%
INFA	D	-0.78%
RDDT	C	-0.71%
PWSC	C	-0.64%
FLNC	C	-0.63%
ACT	C	-0.5%
BLCO	C	-0.34%
RBRK	F	-0.34%
INST	D	-0.25%
ZK	C	-0.16%

AQWA: Top Represented Industries & Keywords

Industries: Utilities - Regulated Water Diversified Industrials Industrial Distribution Pollution & Treatment Controls Rubber & Plastics Scientific & Technical Instruments Specialty Chemicals