BRNY vs. KIE ETF Comparison

Comparison of Burney U.S. Factor Rotation ETF (BRNY) to SPDR S&P Insurance ETF (KIE)

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

$37.04

Average Daily Volume

7,701

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KIE

SPDR S&P Insurance ETF

KIE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. In seeking to track the performance of the S&P Insurance 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 insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$49.53

Average Daily Volume

953,006

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BRNY	KIE
30 Days	1.03%	-0.93%
60 Days	4.66%	3.73%
90 Days	2.24%	-3.14%
12 Months	32.88%	28.21%

1 Overlapping Holdings

	Symbol	Grade	Weight in BRNY	Weight in KIE	Overlap
	ALL	C	5.06%	2.22%	2.22%

BRNY Overweight 9 Positions Relative to KIE

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

BRNY Underweight 47 Positions Relative to KIE

Symbol	Grade	Weight
OSCR	D	-2.86%
LNC	B	-2.52%
AXS	B	-2.52%
ACGL	A	-2.51%
RGA	B	-2.47%
AFL	A	-2.36%
BRO	B	-2.36%
HIG	A	-2.31%
PGR	C	-2.31%
CB	B	-2.3%
ORI	C	-2.28%
AJG	B	-2.27%
MKL	C	-2.27%
PRU	A	-2.27%
MMC	B	-2.26%
EG	B	-2.23%
KMPR	D	-2.23%
L	C	-2.22%
AIG	C	-2.17%
RYAN	B	-2.16%
MET	C	-2.15%
AFG	D	-2.14%
RNR	B	-2.13%
PFG	C	-2.13%
UNM	C	-2.13%
FNF	D	-2.12%
RLI	D	-2.11%
CINF	C	-2.11%
PRI	B	-2.08%
TRV	D	-2.08%
WRB	B	-2.07%
FAF	D	-2.07%
AON	C	-2.05%
AIZ	D	-2.05%
CNO	C	-2.03%
WTW	B	-2.03%
SIGI	F	-1.92%
ERIE	C	-1.87%
AGO	C	-1.84%
THG	D	-1.77%
KNSL	F	-1.63%
BHF	D	-1.6%
GNW	D	-1.56%
GL	C	-1.42%
ESGR	B	-1.4%
WTM	B	-1.3%
PLMR	D	-0.89%