CBLS vs. XHYF ETF Comparison

Comparison of Changebridge Capital Long/Short Equity ETF (CBLS) to BondBloxx USD High Yield Bond Financial & REIT Sector ETF (XHYF)

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

$24.66

Average Daily Volume

4,972

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XHYF

BondBloxx USD High Yield Bond Financial & REIT Sector ETF

XHYF Description

The BondBloxx USD High Yield Bond Financial & REIT Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the financial and REIT sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Financial & REIT Index, which is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds that contains issuers from the financial sector, including the banking, financial services, and insurance sub-sectors, and the REIT sector. The REIT sector is comprised solely of debt issued by real estate investment trusts.

Grade (RS Rating)

Last Trade

$36.78

Average Daily Volume

3,090

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CBLS	XHYF
30 Days	6.41%	0.86%
60 Days	10.85%	0.97%
90 Days	15.38%	1.66%
12 Months	18.47%	11.85%

1 Overlapping Holdings

	Symbol	Grade	Weight in CBLS	Weight in XHYF	Overlap
	MPW	C	-0.94%	0.64%	-0.94%

CBLS Overweight 69 Positions Relative to XHYF

Symbol	Grade	Weight
SKY	D	2.83%
STRL	A	2.78%
MU	B	2.73%
NVDA	B	2.73%
ASML	D	2.69%
RDFN	C	2.62%
MMYT	B	2.6%
AVGO	C	2.59%
TCOM	A	2.57%
HUMA	B	2.56%
AAPL	B	2.53%
TDG	A	2.41%
NU	B	2.33%
MSFT	C	2.3%
GTLS	C	2.3%
OSW	A	2.28%
TMDX	B	2.27%
INDI	F	2.26%
LRCX	D	2.23%
BLBD	A	2.21%
SN	A	2.21%
WTTR	B	2.17%
ERJ	C	2.16%
HLX	B	2.16%
ECL	A	2.11%
PANW	B	2.11%
ICFI	B	2.08%
NARI	D	2.07%
TSM	B	2.03%
DKNG	D	2.01%
DXCM	D	1.99%
IBN	C	1.88%
BKNG	B	1.85%
RTX	A	1.81%
FCX	A	1.8%
GD	A	1.76%
CHK	C	1.75%
FTI	B	1.66%
BBY	D	-0.67%
SIG	D	-0.74%
MIDD	F	-0.78%
CTVA	B	-0.8%
CWAN	C	-0.84%
TSLA	D	-0.91%
BXP	D	-0.92%
F	D	-0.94%
INTC	F	-0.96%
BC	D	-0.97%
DOOO	C	-0.98%
BX	C	-0.99%
IBM	D	-0.99%
CHH	F	-1.0%
ONON	D	-1.0%
APO	C	-1.0%
HOG	D	-1.0%
AVY	A	-1.0%
KKR	B	-1.02%
SOFI	F	-1.03%
EWBC	B	-1.06%
CMA	B	-1.08%
MTB	A	-1.09%
ZION	B	-1.1%
WAL	B	-1.11%
PAYX	C	-1.2%
ENR	C	-1.31%
UTHR	B	-1.37%
FIGS	C	-1.38%
LAD	D	-1.41%
BGFV	F	-1.45%

CBLS Underweight 53 Positions Relative to XHYF

Symbol	Grade	Weight
LPLA	C	-0.98%
OMF	B	-0.82%
SBAC	D	-0.8%
AER	A	-0.78%
CODI	D	-0.75%
RHP	D	-0.71%
DB	B	-0.71%
ALLY	B	-0.68%
FTAI	B	-0.65%
VICI	B	-0.62%
RLJ	F	-0.61%
FCFS	D	-0.6%
SLM	B	-0.6%
OUT	D	-0.59%
DHC	F	-0.56%
COIN	D	-0.55%
CACC	D	-0.53%
IRM	C	-0.51%
ESGR	A	-0.5%
SQ	D	-0.47%
UNIT	F	-0.45%
CASH	B	-0.43%
ENVA	B	-0.4%
LADR	B	-0.39%
PRAA	B	-0.38%
MTG	B	-0.38%
PFSI	A	-0.38%
ATSG	C	-0.37%
PRG	B	-0.37%
MSCI	D	-0.35%
IEP	C	-0.35%
SVC	F	-0.35%
NAVI	F	-0.33%
AIZ	D	-0.29%
NMIH	A	-0.28%
SNV	A	-0.27%
SNEX	B	-0.27%
HASI	B	-0.26%
RDN	C	-0.26%
ACIW	A	-0.26%
TCBI	B	-0.26%
STWD	C	-0.25%
VATE	F	-0.25%
OCN	C	-0.25%
GNW	B	-0.25%
FOUR	D	-0.25%
BXMT	F	-0.24%
XHR	C	-0.24%
ARI	D	-0.23%
GNL	C	-0.23%
PSFE	B	-0.22%
WRLD	C	-0.12%
GEO	C	-0.12%