BTAL vs. ARKW ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to ARK Next Generation Internet ETF (ARKW)

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$18.88

Average Daily Volume

287,043

Number of Holdings ^*

390

* may have additional holdings in another (foreign) market

ARKW

ARK Next Generation Internet ETF

ARKW Description

Companies within the ARK Next Generation Internet ETF* (ARKW) are focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media. These companies may develop, produce or enable: Cloud Computing & Cyber Security; E-Commerce; Big Data & Artificial Intelligence (AI); Mobile Technology and Internet of Things; Social Platforms; Blockchain & P2P; ARKW is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and U.S. exchange traded foreign equity securities of companies that are relevant to the Fund’s investment theme of next generation internet.

Grade (RS Rating)

Last Trade

$75.73

Average Daily Volume

227,243

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	ARKW
30 Days	4.71%	-7.01%
60 Days	4.95%	-8.03%
90 Days	3.91%	-1.02%
12 Months	-9.10%	51.46%

15 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in ARKW	Overlap
COIN	D	-0.44%	9.19%	-0.44%
DKNG	D	-0.42%	3.05%	-0.42%
HOOD	C	-0.43%	4.18%	-0.43%
MSFT	C	0.41%	0.95%	0.41%
NET	F	-0.36%	2.17%	-0.36%
PATH	D	-0.32%	3.38%	-0.32%
PINS	A	-0.44%	1.59%	-0.44%
PLTR	D	-0.38%	2.34%	-0.38%
RBLX	C	-0.36%	4.9%	-0.36%
ROKU	F	-0.37%	8.56%	-0.37%
SQ	D	-0.37%	7.64%	-0.37%
TDOC	F	-0.35%	1.11%	-0.35%
TSLA	D	-0.37%	8.47%	-0.37%
TTD	B	-0.42%	2.01%	-0.42%
U	F	-0.3%	3.85%	-0.3%

BTAL Overweight 375 Positions Relative to ARKW

Symbol	Grade	Weight
VST	B	0.65%
EME	A	0.52%
TPL	C	0.52%
FTI	B	0.48%
KR	B	0.48%
MDU	A	0.48%
EDR	A	0.47%
SNX	A	0.47%
NTAP	B	0.47%
DKS	C	0.47%
RGA	A	0.46%
KBR	B	0.46%
RYAN	D	0.46%
XOM	B	0.46%
MKL	A	0.46%
PGR	A	0.46%
CLH	B	0.46%
RTX	A	0.46%
SO	A	0.46%
CACI	A	0.46%
WEC	B	0.45%
GD	A	0.45%
ACGL	A	0.45%
FANG	B	0.45%
AEP	A	0.45%
AVB	A	0.45%
TSCO	B	0.45%
DCI	B	0.45%
RDN	C	0.45%
FLO	B	0.45%
ED	A	0.45%
CW	A	0.45%
NOC	B	0.45%
DUK	A	0.45%
FMC	B	0.45%
FOXA	B	0.44%
ELV	A	0.44%
UNM	B	0.44%
ERIE	C	0.44%
BWXT	D	0.44%
KMI	A	0.44%
GPC	B	0.44%
SFM	A	0.44%
MCK	B	0.44%
OXY	C	0.44%
AMCR	A	0.44%
DGX	B	0.44%
GIS	C	0.44%
PNW	B	0.44%
WEN	B	0.44%
CPB	B	0.44%
CI	D	0.44%
ALL	B	0.44%
EQR	A	0.44%
HUBB	D	0.43%
ROL	B	0.43%
MPC	D	0.43%
MUSA	D	0.43%
AVT	A	0.43%
BJ	B	0.43%
CASY	A	0.43%
NBIX	B	0.43%
ORI	A	0.43%
CVX	B	0.43%
GE	A	0.43%
LMT	A	0.43%
HEI	A	0.43%
CHH	F	0.43%
PKG	D	0.42%
SNA	D	0.42%
ORLY	D	0.42%
MSA	C	0.42%
ADC	B	0.42%
TGNA	D	0.42%
MSI	A	0.42%
L	A	0.42%
T	B	0.42%
EG	C	0.42%
ATR	A	0.42%
HIG	C	0.42%
TXRH	B	0.42%
GLW	B	0.42%
PAYC	F	0.42%
DECK	D	0.42%
O	B	0.42%
VZ	D	0.41%
YUM	C	0.41%
WM	B	0.41%
LOPE	B	0.41%
RNR	C	0.41%
GPK	C	0.41%
WPC	C	0.41%
PAG	F	0.41%
HLT	D	0.41%
CHE	D	0.41%
AXS	A	0.41%
PFE	D	0.41%
DBX	F	0.41%
SBRA	A	0.41%
TMUS	B	0.41%
SLGN	B	0.41%
LPLA	B	0.41%
LIN	D	0.41%
SIGI	F	0.41%
DG	D	0.41%
KHC	C	0.41%
MRK	B	0.41%
MMC	C	0.41%
CB	C	0.41%
PNM	C	0.41%
DLR	D	0.41%
CF	F	0.4%
FCN	B	0.4%
HQY	D	0.4%
LANC	D	0.4%
HPQ	C	0.4%
TRV	D	0.4%
GLPI	D	0.4%
CSCO	D	0.4%
AIZ	D	0.4%
PTC	D	0.4%
HRB	B	0.4%
J	D	0.4%
RLI	A	0.4%
VICI	B	0.4%
UNH	C	0.4%
CACC	D	0.4%
CTVA	B	0.4%
AMGN	B	0.4%
LLY	C	0.4%
BRO	C	0.4%
CHRW	C	0.4%
OHI	B	0.4%
TXT	D	0.4%
RSG	C	0.4%
HON	C	0.4%
WH	F	0.39%
PCAR	D	0.39%
VRSK	B	0.39%
JNPR	D	0.39%
CME	C	0.39%
TJX	C	0.39%
JNJ	F	0.39%
SRPT	B	0.39%
DLB	C	0.39%
THG	A	0.39%
MSM	F	0.38%
WTM	A	0.38%
WRB	D	0.38%
GWRE	C	0.38%
ELS	D	0.38%
XEL	C	0.38%
DOX	D	0.38%
FTNT	F	0.38%
AON	F	0.38%
GILD	F	0.37%
CNC	C	0.37%
OLLI	B	0.37%
ABBV	D	0.37%
LSCC	F	0.37%
WTW	D	0.37%
MCD	F	0.37%
EA	F	0.37%
VRSN	F	0.37%
CBOE	C	0.37%
ROP	D	0.37%
SAIC	C	0.37%
IBM	D	0.37%
CDW	F	0.36%
TDY	D	0.36%
CSX	D	0.36%
HUM	F	0.36%
DRI	F	0.36%
BMY	F	0.36%
FFIV	D	0.36%
COLD	F	0.36%
ON	F	0.36%
CFLT	C	0.35%
MOH	D	0.35%
KNX	D	0.34%
CTSH	D	0.34%
CIEN	D	0.34%
CMG	A	0.33%
FOXF	F	0.33%
TNET	F	0.33%
ALKS	F	0.33%
NEU	D	0.33%
AGL	F	0.33%
X	D	0.32%
AZO	D	0.31%
ULTA	F	0.29%
FIVE	F	0.29%
GL	F	0.26%
GEV	C	0.09%
SHLS	F	-0.23%
TXG	F	-0.24%
CRSP	F	-0.26%
OPEN	F	-0.27%
BRZE	F	-0.28%
DV	F	-0.28%
SAIA	F	-0.29%
INTC	F	-0.29%
PTON	D	-0.29%
ZS	F	-0.29%
ARWR	F	-0.31%
FOUR	F	-0.32%
Z	F	-0.32%
PLD	D	-0.32%
UAA	F	-0.32%
CLVT	F	-0.32%
SAM	D	-0.32%
NTLA	F	-0.33%
PVH	D	-0.33%
SOFI	F	-0.33%
DAY	F	-0.33%
ELF	D	-0.33%
ELAN	B	-0.33%
RGEN	F	-0.33%
THO	D	-0.33%
EFX	D	-0.34%
ODFL	F	-0.34%
IDXX	D	-0.34%
MPWR	B	-0.34%
WBA	F	-0.34%
CLF	F	-0.34%
UBER	D	-0.35%
RIVN	F	-0.35%
AFRM	D	-0.35%
SEDG	F	-0.35%
COTY	F	-0.35%
DOCS	F	-0.35%
MDB	F	-0.35%
FCNCA	B	-0.35%
NVCR	D	-0.35%
SSD	D	-0.36%
RYN	F	-0.36%
XPO	D	-0.36%
CAR	D	-0.36%
SEE	C	-0.36%
CZR	F	-0.36%
VLY	F	-0.36%
RUN	D	-0.36%
ENPH	F	-0.36%
DXC	F	-0.36%
CACC	D	-0.36%
SITE	F	-0.36%
EL	F	-0.36%
LITE	F	-0.36%
ILMN	F	-0.37%
BXP	F	-0.37%
FIVN	F	-0.37%
TFX	F	-0.37%
VEEV	D	-0.37%
SMAR	D	-0.37%
GH	D	-0.37%
CHWY	F	-0.37%
CC	C	-0.37%
FYBR	B	-0.37%
ALGN	F	-0.38%
KRC	F	-0.38%
PNFP	C	-0.38%
RH	D	-0.38%
TREX	D	-0.38%
CG	D	-0.38%
GXO	C	-0.38%
BX	D	-0.38%
COHR	D	-0.38%
MRVL	D	-0.38%
ICUI	F	-0.38%
HUBS	D	-0.38%
ALB	C	-0.39%
TRU	C	-0.39%
WMS	C	-0.39%
CBRE	D	-0.39%
ZI	F	-0.39%
RNG	C	-0.39%
W	C	-0.39%
JLL	C	-0.39%
MGM	F	-0.39%
APO	C	-0.39%
CTLT	D	-0.39%
WBS	D	-0.39%
IQV	D	-0.39%
CRL	D	-0.39%
FND	D	-0.39%
MHK	D	-0.4%
LYFT	C	-0.4%
KKR	C	-0.4%
TPG	D	-0.4%
AMKR	C	-0.4%
PENN	F	-0.4%
BLDR	D	-0.4%
DAR	D	-0.4%
EXPE	F	-0.4%
USFD	C	-0.4%
ETSY	F	-0.4%
CCL	F	-0.4%
SNV	C	-0.4%
ALIT	F	-0.4%
SLB	F	-0.4%
WAL	B	-0.41%
WOLF	F	-0.41%
CUZ	B	-0.41%
TROW	D	-0.41%
VNO	F	-0.41%
JHG	A	-0.41%
NCLH	F	-0.41%
URI	D	-0.41%
CMA	B	-0.42%
ARE	D	-0.42%
LPX	A	-0.42%
EXAS	F	-0.42%
BLD	D	-0.42%
HAL	F	-0.42%
TGT	D	-0.42%
ABNB	D	-0.42%
LNC	C	-0.42%
EXP	A	-0.42%
CE	C	-0.42%
ITT	A	-0.42%
CHX	D	-0.43%
NWE	B	-0.43%
WCC	B	-0.43%
APG	D	-0.43%
TWLO	D	-0.43%
SWK	F	-0.43%
AWK	B	-0.43%
IOT	B	-0.43%
PNR	C	-0.43%
JEF	B	-0.43%
OWL	B	-0.43%
ZION	B	-0.44%
NOV	D	-0.44%
MIDD	F	-0.44%
MP	D	-0.44%
CSGP	C	-0.44%
LAMR	B	-0.44%
OZK	B	-0.44%
BKH	B	-0.44%
CWEN	B	-0.44%
KEY	C	-0.44%
DASH	D	-0.44%
ALLY	B	-0.44%
PYPL	C	-0.45%
AXON	B	-0.45%
DOCU	B	-0.45%
RIG	F	-0.45%
CELH	D	-0.45%
PARA	C	-0.45%
ZBRA	A	-0.45%
AVA	B	-0.45%
OMF	B	-0.45%
OVV	C	-0.45%
UGI	B	-0.45%
D	B	-0.45%
CFG	A	-0.46%
AES	B	-0.47%
SMG	D	-0.47%
OC	B	-0.47%
GTLS	B	-0.47%
APP	B	-0.48%
GNRC	B	-0.48%
DAL	A	-0.49%
DUOL	B	-0.49%
MRNA	B	-0.49%
ETRN	B	-0.51%
CVNA	B	-0.51%
NTRA	B	-0.52%
MSTR	D	-0.53%
FCX	B	-0.53%
HCP	B	-0.53%
AA	B	-0.55%
NRG	B	-0.56%
INSP	D	-0.56%
SNAP	B	-0.6%

BTAL Underweight 22 Positions Relative to ARKW

Symbol	Grade	Weight
META	D	-3.1%
GENI	F	-2.32%
ZM	F	-2.02%
SPOT	B	-1.94%
SHOP	F	-1.79%
PDFS	F	-1.63%
CRWD	C	-1.56%
PSTG	C	-1.41%
MELI	B	-1.09%
TOST	A	-1.04%
NVDA	B	-0.99%
NU	C	-0.93%
AMD	D	-0.83%
VCYT	F	-0.82%
TSM	B	-0.72%
NOW	D	-0.68%
QCOM	B	-0.61%
DDOG	D	-0.54%
VUZI	F	-0.26%
RBRK	D	-0.03%
RDDT	C	-0.02%
TWOU	D	-0.0%