BRNY vs. IAK ETF Comparison

Comparison of Burney U.S. Factor Rotation ETF (BRNY) to iShares U.S. Insurance ETF (IAK)

BRNY

Burney U.S. Factor Rotation ETF

BRNY Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks long term growth of capital. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets plus the amount of any borrowings for investment purposes in U.S. listed common stock. The fund will invest its assets in common stocks of large, mid, and small-capitalization companies.

Grade (RS Rating)

Last Trade

$36.98

Average Daily Volume

7,712

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IAK

iShares U.S. Insurance ETF

IAK Description

The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$114.29

Average Daily Volume

98,382

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BRNY	IAK
30 Days	1.08%	-1.54%
60 Days	6.29%	0.94%
90 Days	2.11%	-0.24%
12 Months	31.61%	34.43%

1 Overlapping Holdings

	Symbol	Grade	Weight in BRNY	Weight in IAK	Overlap
	ALL	D	5.06%	4.56%	4.56%

BRNY Overweight 9 Positions Relative to IAK

Symbol	Grade	Weight
VRTX	B	5.13%
PHM	D	5.07%
FTNT	F	5.03%
OC	B	4.95%
GOOGL	A	4.94%
NVDA	B	4.69%
COR	B	4.16%
CACI	A	4.13%
TROW	B	3.67%

BRNY Underweight 53 Positions Relative to IAK

Symbol	Grade	Weight
PGR	C	-15.05%
CB	B	-13.26%
AIG	C	-6.51%
TRV	C	-5.92%
MET	C	-5.19%
AFL	A	-4.84%
ACGL	A	-4.79%
PRU	B	-4.71%
HIG	A	-3.95%
MKL	B	-2.7%
CINF	C	-2.34%
PFG	C	-2.24%
WRB	C	-2.1%
L	C	-1.78%
FNF	C	-1.66%
ERIE	C	-1.17%
AIZ	D	-1.14%
KNSL	D	-1.13%
UNM	C	-1.13%
AFG	C	-1.09%
ORI	C	-1.04%
PRI	B	-1.04%
GL	C	-0.9%
RLI	C	-0.76%
FAF	D	-0.74%
SIGI	F	-0.74%
AXS	B	-0.72%
WTM	B	-0.6%
THG	D	-0.59%
AGO	C	-0.56%
LNC	B	-0.55%
KMPR	C	-0.47%
CNO	C	-0.39%
OSCR	D	-0.38%
BHF	D	-0.36%
PLMR	C	-0.28%
GNW	D	-0.23%
STC	C	-0.22%
MCY	C	-0.19%
SKWD	C	-0.18%
CNA	B	-0.17%
HMN	D	-0.17%
NWLI	A	-0.16%
TRUP	B	-0.14%
LMND	D	-0.13%
AMSF	F	-0.12%
SAFT	C	-0.11%
AMBC	F	-0.09%
PRA	F	-0.09%
EIG	C	-0.09%
UFCS	D	-0.07%
MBI	C	-0.05%
JRVR	F	-0.05%