CBLS vs. FITE ETF Comparison

Comparison of Changebridge Capital Long/Short Equity ETF (CBLS) to SPDR S&P Kensho Future Security ETF (FITE)

CBLS

Changebridge Capital Long/Short Equity ETF

CBLS Description

The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.78

Average Daily Volume

2,122

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FITE

SPDR S&P Kensho Future Security ETF

FITE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Future Security Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Future Security sector as determined by a classification standard produced by the index provider. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$68.36

Average Daily Volume

4,275

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CBLS	FITE
30 Days	4.21%	9.61%
60 Days	5.17%	12.06%
90 Days	4.99%	12.42%
12 Months	35.40%	36.77%

3 Overlapping Holdings

Symbol	Grade	Weight in CBLS	Weight in FITE	Overlap
ERJ	B	1.85%	1.47%	1.47%
GD	F	1.69%	1.1%	1.1%
RTX	C	1.72%	1.65%	1.65%

CBLS Overweight 65 Positions Relative to FITE

Symbol	Grade	Weight
LNG	B	3.43%
NVDA	C	3.08%
GOOG	C	3.02%
AAPL	C	2.97%
DELL	C	2.93%
GTLS	B	2.77%
SKY	A	2.73%
BWXT	B	2.7%
COST	B	2.62%
STRL	B	2.61%
SCHW	B	2.56%
CCL	B	2.54%
EME	C	2.53%
VST	B	2.46%
OSW	A	2.41%
MC	C	2.37%
IBN	C	2.36%
WTTR	B	2.33%
D	C	2.27%
NARI	C	2.26%
RDDT	B	2.26%
SO	D	2.24%
ECL	D	2.24%
ROL	B	2.23%
AER	B	2.22%
NEE	D	2.14%
ORCL	B	2.06%
BLBD	D	2.06%
WMT	A	2.03%
ETR	B	1.96%
AMZN	C	1.96%
INTC	D	1.93%
SCI	B	1.93%
TDG	D	1.79%
ON	D	1.53%
MGNI	A	1.31%
DOOO	F	-0.44%
KLG	C	-0.48%
PEP	F	-0.48%
KDP	D	-0.48%
HRB	D	-0.5%
GIS	D	-0.5%
INTU	C	-0.51%
POST	C	-0.51%
ENR	B	-0.67%
GIII	D	-0.89%
R	B	-0.91%
TTC	D	-0.92%
PFE	D	-1.0%
CAG	D	-1.01%
NVO	D	-1.01%
SIG	B	-1.04%
GOGO	C	-1.1%
JNJ	D	-1.1%
NVAX	F	-1.13%
ROK	B	-1.13%
MIDD	C	-1.15%
AME	A	-1.18%
F	C	-1.36%
DE	A	-1.48%
SNOW	C	-1.49%
DUOL	A	-1.56%
HSY	F	-1.69%
HELE	C	-1.72%
LLY	F	-1.79%

CBLS Underweight 57 Positions Relative to FITE

Symbol	Grade	Weight
RKLB	B	-6.4%
FTNT	C	-2.26%
S	B	-2.2%
FFIV	B	-2.12%
MOG.A	B	-1.9%
NET	B	-1.88%
OII	B	-1.87%
CYBR	B	-1.87%
CSCO	B	-1.86%
MIR	A	-1.83%
PSN	D	-1.82%
PANW	C	-1.81%
HEI	B	-1.81%
KTOS	B	-1.81%
TDY	B	-1.75%
ATEN	B	-1.73%
VRNS	D	-1.73%
LMT	D	-1.71%
NOC	D	-1.7%
COHR	B	-1.7%
OSIS	B	-1.69%
DDOG	A	-1.68%
NTCT	C	-1.68%
CHKP	D	-1.65%
LDOS	C	-1.65%
LHX	C	-1.64%
AVGO	D	-1.61%
OSPN	A	-1.59%
RPD	C	-1.57%
ZS	C	-1.57%
RDWR	B	-1.55%
QLYS	C	-1.54%
IRDM	D	-1.5%
ZD	C	-1.49%
MRCY	B	-1.49%
JNPR	F	-1.48%
AKAM	D	-1.46%
TENB	C	-1.44%
AVAV	D	-1.35%
SANM	B	-1.33%
CRWD	B	-1.33%
HXL	D	-1.33%
CACI	D	-1.23%
OKTA	C	-1.22%
DCO	C	-1.2%
BRKR	D	-1.19%
APH	A	-1.19%
BA	F	-1.18%
VREX	C	-1.15%
TXT	D	-1.1%
KBR	F	-1.04%
NABL	F	-1.03%
HII	D	-0.91%
PL	A	-0.9%
MVIS	F	-0.85%
VSAT	F	-0.72%
MASS	F	-0.13%