BEEZ vs. QQQN ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to VictoryShares Nasdaq Next 50 ETF (QQQN)

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

$33.02

Average Daily Volume

597

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQQN

VictoryShares Nasdaq Next 50 ETF

QQQN Description

The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.

Grade (RS Rating)

Last Trade

$31.65

Average Daily Volume

6,312

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	QQQN
30 Days	1.81%	3.53%
60 Days	2.14%	4.80%
90 Days	5.66%	10.05%
12 Months	25.81%	35.21%

1 Overlapping Holdings

	Symbol	Grade	Weight in BEEZ	Weight in QQQN	Overlap
	TSCO	D	3.81%	3.07%	3.07%

BEEZ Overweight 24 Positions Relative to QQQN

Symbol	Grade	Weight
EW	C	4.33%
APD	A	4.24%
COST	B	4.15%
EQIX	A	4.13%
CMI	A	4.1%
AMT	D	4.1%
HD	A	4.1%
V	A	4.09%
ZTS	D	4.09%
NOW	A	4.08%
ACN	C	4.04%
FAST	B	4.02%
MA	C	4.02%
WTS	B	4.02%
ITW	B	3.96%
ATR	B	3.93%
INTU	C	3.92%
SHW	A	3.9%
MAS	D	3.84%
A	D	3.8%
TMO	F	3.78%
OLED	D	3.75%
TXN	C	3.72%
LRCX	F	3.64%

BEEZ Underweight 48 Positions Relative to QQQN

Symbol	Grade	Weight
APP	B	-4.61%
ALNY	D	-3.68%
MSTR	C	-3.64%
MPWR	F	-3.59%
AXON	A	-3.25%
EBAY	D	-3.03%
NTAP	C	-2.37%
UAL	A	-2.36%
CHKP	D	-2.26%
ICLR	D	-2.26%
WDC	D	-2.23%
TCOM	B	-2.22%
PTC	A	-2.16%
STX	D	-2.12%
FSLR	F	-2.01%
TER	D	-1.98%
STLD	B	-1.94%
EXPE	B	-1.92%
ZM	B	-1.86%
ZBRA	B	-1.86%
HOLX	D	-1.84%
SSNC	B	-1.81%
ARGX	A	-1.77%
VRSN	F	-1.77%
JBHT	C	-1.74%
DKNG	B	-1.73%
ULTA	F	-1.68%
GEN	B	-1.61%
MANH	D	-1.61%
LNT	A	-1.55%
ENTG	D	-1.52%
AKAM	D	-1.52%
UTHR	C	-1.52%
ALGN	D	-1.51%
SNY	F	-1.51%
SWKS	F	-1.48%
NTNX	A	-1.45%
NTRA	B	-1.43%
NDSN	B	-1.39%
BSY	D	-1.39%
CPB	D	-1.37%
BMRN	D	-1.3%
BNTX	D	-1.06%
ENPH	F	-1.04%
NWSA	B	-0.95%
FOXA	B	-0.92%
FOX	A	-0.88%
NWS	B	-0.51%