CBLS vs. FLBR ETF Comparison

Comparison of Changebridge Capital Long/Short Equity ETF (CBLS) to Franklin FTSE Brazil ETF (FLBR)
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 *

68

* may have additional holdings in another (foreign) market
FLBR

Franklin FTSE Brazil ETF

FLBR Description The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Brazil RIC Capped Index (the FTSE Brazil Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Brazil Capped Index and in depositary receipts representing such securities. The FTSE Brazil Capped Index is based on the FTSE Brazil Index and is designed to measure the performance of Brazilian large- and mid-capitalization stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.80

Average Daily Volume

37,477

Number of Holdings *

7

* may have additional holdings in another (foreign) market
Performance
Period CBLS FLBR
30 Days 4.21% -1.39%
60 Days 5.17% -5.14%
90 Days 4.99% -8.98%
12 Months 35.40% -11.03%
1 Overlapping Holdings
Symbol Grade Weight in CBLS Weight in FLBR Overlap
ERJ B 1.85% 1.91% 1.85%
CBLS Overweight 67 Positions Relative to FLBR
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%
RTX C 1.72%
GD F 1.69%
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 6 Positions Relative to FLBR
Symbol Grade Weight
VALE F -10.64%
ABEV F -2.57%
ASAI F -1.9%
GGB C -1.21%
BRFS D -0.75%
CSAN F -0.62%
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