CBLS vs. FLLA ETF Comparison

Comparison of Changebridge Capital Long/Short Equity ETF (CBLS) to Franklin FTSE Latin America ETF (FLLA)
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
FLLA

Franklin FTSE Latin America ETF

FLLA Description The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Latin America RIC Capped Index. Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the FTSE Latin America Index and is designed to measure the performance of Latin American large- and mid-capitalization stocks. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$19.27

Average Daily Volume

19,269

Number of Holdings *

9

* may have additional holdings in another (foreign) market
Performance
Period CBLS FLLA
30 Days 4.21% -3.22%
60 Days 5.17% -6.27%
90 Days 4.99% -9.63%
12 Months 35.40% -12.63%
1 Overlapping Holdings
Symbol Grade Weight in CBLS Weight in FLLA Overlap
ERJ B 1.85% 1.2% 1.2%
CBLS Overweight 67 Positions Relative to FLLA
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 8 Positions Relative to FLLA
Symbol Grade Weight
VALE F -6.73%
ABEV F -1.63%
ASAI F -1.21%
BCH F -0.89%
GGB C -0.77%
BRFS D -0.48%
CSAN F -0.39%
AKO.A F -0.19%
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