BEEZ vs. MVAL ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF (MVAL)

BEEZ

Honeytree U.S. Equity ETF

BEEZ Description

The fund is an actively managed exchange-traded fund ("ETF") sub-advised by Honeytree Investment Management Ltd. (the "Sub-Adviser"). The fund does not seek to replicate the performance of a specified index. The fund seeks to achieve its investment objective by investing at least 80% of the fund"s net assets, plus borrowings for investment purposes in a concentrated portfolio of large-cap and mid-cap U.S. listed equity stocks.

Grade (RS Rating)

Last Trade

$29.86

Average Daily Volume

1,221

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

MVAL

SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF

MVAL Description

The fund invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The index is comprised of equity securities of companies that Morningstar, Inc. determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors and are attractively priced and weighted according to a modified equal weighting scheme that tilts exposure in favor of pure value companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.34

Average Daily Volume

268

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	MVAL
30 Days	0.03%	0.50%
60 Days	3.02%	3.00%
90 Days	-2.29%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in BEEZ	Weight in MVAL	Overlap
	MAS	D	3.97%	3.9%	3.9%

BEEZ Overweight 9 Positions Relative to MVAL

	Symbol	Grade	Weight
	EQIX	D	4.38%
	AMT	C	4.33%
	APD	C	4.3%
	TXN	B	4.26%
	COST	B	4.22%
	TSCO	C	4.21%
	ZTS	C	4.12%
	EW	B	4.06%
	LRCX	B	4.03%

BEEZ Underweight 9 Positions Relative to MVAL

	Symbol	Grade	Weight
	IFF	B	-4.95%
	RTX	C	-4.84%
	SCHW	C	-4.38%
	MO	A	-4.28%
	CPB	D	-3.98%
	PFE	C	-3.93%
	BIIB	C	-3.88%
	MDT	D	-3.86%
	USB	C	-3.81%

BEEZ: Top Represented Industries & Keywords

Industries: Building Materials Chemicals Discount Stores Drug Manufacturers - Specialty & Generic Medical Devices REIT - Diversified Semiconductor Equipment & Materials Semiconductors Specialty Retail Telecom Services

Keywords: S&P 500 Nasdaq 100 Semiconductor Computing Electronics Integrated Circuits Oxygen Retailing Transistor Adhesives Air Separation Alcohol Ammonia Analog Devices Analog Products Analysis Services Animal Health Animal Product Animal Products Anti Infectives

MVAL: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Aerospace & Defense Banks - Regional - US Building Materials Capital Markets Medical Devices Packaged Foods Specialty Chemicals Tobacco

Keywords: S&P 500 Alzheimer's Disease Bank Banking Hemophilia Hypertension Medicine Pain Prepared Food ATM Ablation Ablation Products Advanced Energy Aerospace Aerospace Systems Aerostructure Air Freshener Animal Health Anti Infectives Architectural Products