BTAL vs. CVAR ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to Cultivar ETF (CVAR)

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

$19.26

Average Daily Volume

301,078

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

CVAR

Cultivar ETF

CVAR Description

ETF Opportunities Trust - Cultivar ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Cultivar Capital, Inc. and Toroso Investments, LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis with bottom-up and top-down stock picking approach to create its portfolio. ETF Opportunities Trust - Cultivar ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$24.61

Average Daily Volume

798

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	CVAR
30 Days	3.77%	-4.70%
60 Days	2.67%	-0.19%
90 Days	3.60%	-0.60%
12 Months	1.37%	1.80%

20 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in CVAR	Overlap
BMY	F	0.44%	0.5%	0.44%
CFG	D	-0.43%	0.51%	-0.43%
CHRW	B	0.42%	0.6%	0.42%
CTSH	D	0.41%	0.46%	0.41%
DG	F	0.36%	1.0%	0.36%
DUK	B	0.42%	0.54%	0.42%
FMC	F	0.37%	0.85%	0.37%
HUM	C	0.45%	0.55%	0.45%
ILMN	F	-0.45%	0.42%	-0.45%
INTC	F	-0.42%	1.55%	-0.42%
JNJ	F	0.43%	0.5%	0.43%
KRC	F	-0.42%	0.59%	-0.42%
NEM	B	0.4%	2.38%	0.4%
PAYC	F	0.35%	0.84%	0.35%
PFE	C	0.41%	0.52%	0.41%
PYPL	D	-0.43%	0.5%	-0.43%
T	B	0.43%	1.67%	0.43%
VEEV	D	-0.39%	1.59%	-0.39%
VZ	C	0.43%	0.56%	0.43%
WBA	F	-0.43%	0.98%	-0.43%

BTAL Overweight 368 Positions Relative to CVAR

Symbol	Grade	Weight
TPL	B	0.56%
MKL	C	0.49%
BMRN	C	0.48%
AGL	C	0.48%
HPQ	B	0.47%
VFC	C	0.47%
SRPT	C	0.47%
GWRE	B	0.47%
OLLI	B	0.46%
ULTA	D	0.46%
ROP	B	0.46%
LLY	A	0.46%
AON	C	0.46%
HQY	B	0.45%
CACI	A	0.45%
NEU	D	0.45%
FOXF	C	0.45%
GLW	B	0.45%
LULU	F	0.45%
MUSA	B	0.45%
ELV	B	0.45%
HEI	A	0.45%
VRSN	C	0.45%
NTAP	A	0.45%
TJX	A	0.45%
ABBV	B	0.45%
SBAC	D	0.45%
O	B	0.44%
CHD	A	0.44%
WELL	A	0.44%
JNPR	B	0.44%
ROL	A	0.44%
BRO	A	0.44%
HON	A	0.44%
AME	D	0.44%
OHI	A	0.44%
CHH	D	0.44%
KMI	B	0.44%
MMC	A	0.44%
VRSK	A	0.44%
AVB	A	0.44%
TMUS	B	0.44%
CLH	A	0.44%
HRB	B	0.44%
ALKS	C	0.44%
WH	C	0.44%
HLT	B	0.44%
BJ	B	0.43%
EDR	A	0.43%
IBM	C	0.43%
MCD	D	0.43%
DCI	D	0.43%
PGR	D	0.43%
PKG	B	0.43%
XEL	D	0.43%
PNW	B	0.43%
L	D	0.43%
GPC	D	0.43%
EQR	B	0.43%
SO	B	0.43%
WTW	D	0.43%
BWXT	D	0.43%
GD	C	0.43%
FTNT	D	0.43%
ELS	C	0.43%
DECK	B	0.43%
RSG	C	0.43%
AMCR	B	0.43%
LMT	C	0.43%
ON	C	0.43%
MCK	A	0.43%
LNG	D	0.43%
MRK	B	0.43%
YUM	C	0.43%
PNM	C	0.43%
ADC	B	0.43%
MSI	A	0.43%
CPB	C	0.42%
CSCO	F	0.42%
MDU	C	0.42%
PCAR	D	0.42%
ACGL	B	0.42%
MAN	D	0.42%
MSFT	A	0.42%
DLB	F	0.42%
CINF	D	0.42%
UNH	C	0.42%
MSM	F	0.42%
DRI	D	0.42%
ORLY	C	0.42%
RNR	C	0.42%
PAG	D	0.42%
HIG	B	0.42%
AEE	D	0.42%
RTX	B	0.42%
WRB	D	0.42%
FOXA	B	0.42%
GIS	D	0.42%
GILD	D	0.42%
WEC	D	0.42%
MOH	F	0.42%
CI	D	0.42%
FLO	D	0.42%
GLPI	C	0.42%
DGX	B	0.42%
ALL	D	0.42%
WM	C	0.42%
SNX	A	0.42%
WPC	D	0.42%
SBRA	B	0.42%
FFIV	D	0.42%
SNA	D	0.42%
CW	C	0.42%
AIZ	D	0.42%
J	D	0.42%
LNT	C	0.42%
X	F	0.42%
VICI	D	0.42%
CDW	D	0.42%
SLGN	D	0.41%
CNC	D	0.41%
DOX	F	0.41%
CBOE	D	0.41%
AMGN	B	0.41%
TNET	F	0.41%
OXY	D	0.41%
FLS	D	0.41%
KR	D	0.41%
KBR	D	0.41%
ED	D	0.41%
LPLA	B	0.41%
RYAN	C	0.41%
BG	C	0.41%
MPC	D	0.41%
RLI	D	0.41%
MSA	C	0.41%
DD	B	0.41%
TRV	D	0.41%
AXS	B	0.41%
CSX	D	0.41%
TXRH	B	0.41%
SIGI	F	0.41%
TSCO	B	0.41%
CACC	F	0.41%
TDY	D	0.41%
CMS	C	0.41%
WEN	F	0.41%
CB	B	0.41%
TXT	D	0.41%
FCN	D	0.41%
AVT	B	0.41%
CHE	D	0.4%
FANG	D	0.4%
NOC	F	0.4%
ST	C	0.4%
THG	D	0.4%
RGA	B	0.4%
UNM	D	0.4%
ASGN	D	0.4%
XOM	D	0.4%
ORI	C	0.4%
ERIE	D	0.4%
SFM	B	0.4%
TGNA	F	0.39%
MUR	D	0.39%
DBX	F	0.39%
CME	D	0.39%
CF	D	0.39%
KHC	D	0.39%
EG	D	0.39%
IBKR	B	0.39%
CFLT	C	0.39%
CTVA	D	0.39%
MOS	F	0.38%
WTM	C	0.37%
FIVE	F	0.36%
SAIC	D	0.36%
LSCC	F	0.34%
CMG	A	0.34%
AZO	C	0.3%
PATH	F	-0.26%
MDB	F	-0.27%
IOT	F	-0.33%
CELH	F	-0.33%
RGEN	F	-0.34%
FYBR	B	-0.35%
ALB	F	-0.36%
VST	B	-0.36%
RNG	D	-0.36%
OZK	F	-0.36%
TXG	F	-0.37%
SITE	F	-0.37%
BRZE	F	-0.37%
SEDG	F	-0.37%
SHLS	F	-0.37%
AA	C	-0.38%
OWL	D	-0.38%
RIG	F	-0.38%
U	F	-0.38%
TDOC	F	-0.38%
DAR	F	-0.38%
W	F	-0.39%
EL	F	-0.39%
EXAS	F	-0.39%
CLVT	F	-0.39%
FCX	D	-0.39%
CSGP	F	-0.39%
TOST	C	-0.39%
GNRC	C	-0.39%
SLB	F	-0.4%
IQV	D	-0.4%
BLK	D	-0.4%
WCC	C	-0.4%
COTY	F	-0.4%
UGI	D	-0.4%
AES	B	-0.4%
VLY	F	-0.4%
WBS	F	-0.4%
ALIT	F	-0.4%
CG	D	-0.4%
LYFT	D	-0.4%
BLDR	D	-0.4%
URI	D	-0.4%
ROKU	F	-0.41%
KEY	D	-0.41%
D	C	-0.41%
JEF	C	-0.41%
CMA	D	-0.41%
SSD	D	-0.41%
POWI	C	-0.41%
WAL	D	-0.41%
CNXC	D	-0.41%
CC	D	-0.41%
OPEN	F	-0.41%
MRNA	B	-0.41%
BKH	D	-0.41%
XPO	D	-0.41%
AVA	D	-0.41%
UAA	D	-0.41%
TPG	C	-0.41%
TWLO	F	-0.41%
FFIN	D	-0.41%
CE	D	-0.41%
GTLS	F	-0.41%
SNV	D	-0.41%
ZI	F	-0.41%
DAY	F	-0.41%
LEN	D	-0.41%
CHX	F	-0.41%
SQ	F	-0.41%
MRVL	B	-0.41%
TGT	D	-0.42%
IDXX	C	-0.42%
ETRN	B	-0.42%
USFD	C	-0.42%
USB	D	-0.42%
CRL	F	-0.42%
EQT	C	-0.42%
ITT	D	-0.42%
JHG	B	-0.42%
ZION	D	-0.42%
CAR	F	-0.42%
LNC	B	-0.42%
PNFP	D	-0.42%
NVCR	C	-0.42%
CEG	B	-0.42%
CHK	D	-0.42%
TREX	C	-0.43%
HCP	A	-0.43%
TER	B	-0.43%
IAC	F	-0.43%
NET	D	-0.43%
DAL	C	-0.43%
TTD	B	-0.43%
AXON	C	-0.43%
TOL	C	-0.43%
PNR	D	-0.43%
MHK	D	-0.43%
ABNB	D	-0.43%
MPWR	A	-0.43%
TROW	B	-0.43%
NWE	C	-0.43%
LAMR	C	-0.43%
TRU	D	-0.43%
AR	B	-0.43%
CWEN	B	-0.43%
RYN	C	-0.44%
REXR	D	-0.44%
AGNC	A	-0.44%
DOCS	B	-0.44%
RUN	C	-0.44%
BLD	B	-0.44%
SEE	C	-0.44%
AXTA	B	-0.44%
NTRA	B	-0.44%
COIN	B	-0.44%
DASH	D	-0.44%
ELF	B	-0.44%
SWK	D	-0.44%
SHW	D	-0.44%
SNAP	B	-0.44%
TSLA	C	-0.44%
TFX	D	-0.44%
CBRE	D	-0.44%
WMS	C	-0.44%
EFX	B	-0.44%
CUZ	C	-0.44%
CVNA	C	-0.44%
CARR	B	-0.44%
RMBS	D	-0.44%
EXP	D	-0.44%
DUOL	C	-0.44%
THO	F	-0.44%
BX	C	-0.44%
GXO	F	-0.44%
ENPH	C	-0.44%
MGM	D	-0.45%
NVT	B	-0.45%
AMKR	B	-0.45%
LPX	B	-0.45%
JLL	B	-0.45%
ALLY	C	-0.45%
PINS	B	-0.45%
KKR	B	-0.45%
AWK	B	-0.45%
RMD	B	-0.45%
RH	D	-0.46%
ICUI	B	-0.46%
APG	B	-0.46%
RIVN	C	-0.46%
WOLF	C	-0.46%
PLD	C	-0.46%
LITE	B	-0.46%
FOUR	C	-0.46%
FND	B	-0.46%
DKNG	C	-0.46%
SMCI	C	-0.46%
BXP	C	-0.46%
ELAN	B	-0.46%
MKSI	B	-0.46%
CCL	C	-0.46%
SMG	D	-0.46%
ALGN	F	-0.46%
ZS	C	-0.47%
VNO	C	-0.47%
RBLX	F	-0.47%
NCLH	D	-0.47%
MU	A	-0.47%
UBER	C	-0.48%
SAM	C	-0.48%
EXPE	C	-0.48%
SAIA	D	-0.48%
ARWR	C	-0.48%
PLTR	B	-0.48%
NTLA	C	-0.49%
CZR	F	-0.49%
HOOD	B	-0.49%
AFRM	F	-0.49%
CRSP	B	-0.51%
DNLI	C	-0.51%
COHR	A	-0.52%
GH	B	-0.52%
Z	B	-0.53%
AVGO	A	-0.53%
NVDA	A	-0.54%
PENN	C	-0.54%
PTON	C	-0.54%
CHWY	C	-0.59%

BTAL Underweight 67 Positions Relative to CVAR

Symbol	Grade	Weight
PRLB	F	-3.0%
HCSG	F	-2.75%
CLB	C	-2.72%
LUV	B	-2.55%
GOLD	D	-1.97%
NWN	F	-1.74%
MKC	F	-1.58%
C	D	-1.49%
WU	D	-1.39%
MKTX	F	-1.35%
ES	D	-1.27%
MTB	D	-1.24%
FMS	C	-1.18%
QRVO	C	-1.17%
GPN	F	-1.15%
SWKS	C	-1.14%
TSN	D	-1.14%
PRGO	F	-1.13%
KMB	A	-1.12%
ZTS	C	-1.1%
HAS	C	-1.0%
POR	D	-0.99%
HRL	F	-0.98%
SCS	C	-0.98%
SJM	F	-0.94%
ANSS	C	-0.94%
WRK	C	-0.92%
BP	D	-0.9%
DEI	D	-0.87%
TFC	D	-0.85%
BABA	D	-0.85%
NHI	B	-0.85%
MCHP	C	-0.84%
MDT	C	-0.8%
NKE	C	-0.78%
ABT	D	-0.78%
CLX	D	-0.77%
G	D	-0.77%
IP	B	-0.75%
CMCSA	F	-0.75%
BIDU	F	-0.66%
GOOGL	A	-0.65%
INDB	F	-0.62%
TYL	B	-0.59%
CGNX	B	-0.59%
AAP	F	-0.57%
PARA	F	-0.56%
BAC	A	-0.55%
CVS	F	-0.55%
WHR	D	-0.55%
MNRO	F	-0.54%
INGN	C	-0.53%
ESRT	C	-0.52%
AEP	B	-0.52%
PDM	B	-0.51%
OGS	F	-0.51%
LTC	B	-0.5%
ADSK	C	-0.5%
ARE	C	-0.49%
IDA	D	-0.47%
HIW	B	-0.47%
CCI	C	-0.44%
JBT	C	-0.44%
MMM	B	-0.41%
RDUS	F	-0.41%
CMP	F	-0.35%
WBD	F	-0.17%