CPAI vs. CIBR ETF Comparison

Comparison of Counterpoint Quantitative Equity ETF (CPAI) to First Trust NASDAQ CEA Cybersecurity ETF (CIBR)

CPAI

Counterpoint Quantitative Equity ETF

CPAI Description

CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.

Grade (RS Rating)

Last Trade

$36.28

Average Daily Volume

7,177

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CIBR

First Trust NASDAQ CEA Cybersecurity ETF

CIBR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq CEA Cybersecurity Index(SM) (the "index"). The index is owned by the NASDAQ OMX Group, Inc. The index will include securities of companies classified as "cybersecurity" companies by the CEA. The fund will normally invest at least 90% of its net assets in common stocks or in depositary receipts that comprise the index. The advisor intends to invest in each security in the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$63.61

Average Daily Volume

483,957

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CPAI	CIBR
30 Days	7.98%	4.98%
60 Days	10.10%	6.84%
90 Days	12.45%	7.43%
12 Months		31.77%

1 Overlapping Holdings

	Symbol	Grade	Weight in CPAI	Weight in CIBR	Overlap
	LDOS	C	1.86%	3.99%	1.86%

CPAI Overweight 48 Positions Relative to CIBR

Symbol	Grade	Weight
TRGP	B	2.61%
SFM	A	2.49%
SKYW	B	2.47%
TDS	B	2.45%
OKE	A	2.35%
HTZ	C	2.35%
UNM	A	2.3%
NTGR	B	2.29%
CARG	C	2.27%
GDDY	A	2.25%
BRBR	A	2.24%
VIRT	B	2.24%
CNO	A	2.14%
FTI	A	2.12%
CLBT	B	2.11%
EQH	B	2.1%
ORCL	B	2.1%
CVLT	B	2.09%
FTDR	A	2.09%
GNW	A	2.07%
ZIM	C	2.06%
MSI	B	2.05%
PBI	B	2.05%
ACIW	B	2.04%
GOOGL	C	2.03%
COR	B	2.01%
CAH	B	2.01%
TJX	A	1.91%
PGR	A	1.89%
PAA	B	1.88%
PRM	C	1.88%
META	D	1.87%
LESL	C	1.87%
PAGP	A	1.87%
AAPL	C	1.86%
RTX	C	1.85%
WES	C	1.85%
MSFT	F	1.83%
THC	D	1.77%
NYT	C	1.76%
BRC	D	1.74%
MHO	D	1.73%
ROST	C	1.72%
WBA	F	1.7%
UHS	D	1.58%
LLY	F	1.57%
HCA	F	1.55%
AGL	F	0.82%

CPAI Underweight 27 Positions Relative to CIBR

Symbol	Grade	Weight
CRWD	B	-9.36%
CSCO	B	-8.64%
PANW	C	-8.19%
AVGO	D	-7.89%
INFY	B	-7.06%
FTNT	C	-4.64%
NET	B	-4.22%
GEN	B	-4.01%
ZS	C	-3.93%
BAH	F	-3.67%
CHKP	D	-3.48%
CYBR	B	-3.46%
AKAM	D	-3.27%
FFIV	B	-3.21%
OKTA	C	-2.85%
S	B	-2.16%
OTEX	D	-1.97%
SAIC	F	-1.54%
VRNS	D	-1.46%
QLYS	C	-1.31%
TENB	C	-1.12%
RBRK	A	-0.63%
RPD	C	-0.59%
NTCT	C	-0.37%
ATEN	B	-0.28%
OSPN	A	-0.25%
RDWR	B	-0.25%