BEEZ vs. XPH ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to SPDR S&P Pharmaceuticals ETF (XPH)

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

$32.33

Average Daily Volume

565

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XPH

SPDR S&P Pharmaceuticals ETF

XPH Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the pharmaceuticals segment of a U.S. total market composite index. In seeking to track the performance of the S&P Pharmaceuticals Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the pharmaceuticals industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.05

Average Daily Volume

58,235

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	XPH
30 Days	-1.87%	-4.68%
60 Days	0.78%	2.18%
90 Days	4.96%	5.15%
12 Months	25.04%	26.61%

1 Overlapping Holdings

	Symbol	Grade	Weight in BEEZ	Weight in XPH	Overlap
	ZTS	D	4.05%	3.06%	3.06%

BEEZ Overweight 24 Positions Relative to XPH

Symbol	Grade	Weight
INTU	A	4.17%
HD	A	4.13%
ACN	C	4.11%
COST	B	4.1%
NOW	B	4.09%
CMI	A	4.08%
EW	C	4.07%
V	A	4.04%
FAST	B	4.03%
ATR	B	4.02%
WTS	A	4.02%
MA	A	4.01%
SHW	B	3.99%
EQIX	B	3.98%
ITW	B	3.98%
APD	A	3.97%
TMO	D	3.92%
AMT	D	3.91%
A	D	3.9%
MAS	D	3.87%
TSCO	D	3.86%
TXN	C	3.78%
LRCX	F	3.76%
OLED	F	3.72%

BEEZ Underweight 43 Positions Relative to XPH

Symbol	Grade	Weight
CORT	B	-4.78%
ITCI	B	-4.03%
LBPH	A	-4.01%
VTRS	A	-3.79%
BMY	B	-3.74%
JAZZ	A	-3.67%
EWTX	C	-3.59%
CTLT	C	-3.37%
ELAN	C	-3.36%
PRGO	C	-3.26%
AXSM	B	-3.25%
RPRX	F	-3.21%
JNJ	D	-3.18%
PFE	F	-3.15%
MRK	F	-2.93%
LLY	F	-2.9%
ARVN	D	-2.74%
TARS	B	-2.74%
OGN	F	-2.64%
SAVA	C	-2.42%
PBH	A	-2.35%
SUPN	B	-2.11%
PCRX	C	-2.01%
AMPH	F	-2.01%
LGND	B	-1.94%
COLL	F	-1.65%
OCUL	C	-1.52%
ANIP	D	-1.49%
HROW	D	-1.33%
HRMY	D	-1.25%
AMRX	C	-1.24%
WVE	C	-1.12%
MNMD	B	-1.07%
EYPT	D	-1.01%
PLRX	D	-1.0%
INVA	C	-0.99%
PHAT	F	-0.96%
LQDA	F	-0.94%
FULC	F	-0.86%
ELVN	C	-0.72%
EOLS	F	-0.61%
NUVB	C	-0.53%
XERS	C	-0.49%

XPH: Top Represented Industries & Keywords

Industries: Biotechnology Drug Manufacturers - Specialty & Generic Drug Manufacturers - Major Drug Manufacturers - General Medical Distribution