CPAI vs. IZRL ETF Comparison

Comparison of Counterpoint Quantitative Equity ETF (CPAI) to ARK Israel Innovative Technology ETF (IZRL)

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

$33.75

Average Daily Volume

5,708

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IZRL

ARK Israel Innovative Technology ETF

IZRL Description

The ARK Israel Innovative Technology ETF (IZRL) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the ARK Israeli Innovation Index, which is designed to track the price movements of exchange-listed Israeli companies whose main business operations are causing disruptive innovation in the areas of genomics, health care, biotechnology, industrials, manufacturing, the Internet or information technology. The Index includes equity securities and depositary receipts of exchange listed companies that are incorporated and/or domiciled in Israel (‘‘Israeli Companies’’) and are included in one of the following economic sectors as defined by FactSet Research Systems: (i) health technology, (ii) communications, (iii) technology services, (iv) electronic technology, (v) consumer services, or (vi) producer manufacturing.

Grade (RS Rating)

Last Trade

$20.04

Average Daily Volume

13,195

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CPAI	IZRL
30 Days	1.52%	4.63%
60 Days	4.82%	1.45%
90 Days	11.66%	3.78%
12 Months		24.33%

1 Overlapping Holdings

	Symbol	Grade	Weight in CPAI	Weight in IZRL	Overlap
	CLBT	A	2.17%	2.77%	2.17%

CPAI Overweight 49 Positions Relative to IZRL

Symbol	Grade	Weight
TDS	B	2.39%
TRGP	A	2.25%
SKYW	A	2.23%
IAG	B	2.19%
SFM	A	2.19%
CARG	B	2.14%
EQH	B	2.14%
OKE	B	2.12%
UNM	A	2.09%
BRBR	A	2.09%
LDOS	A	2.09%
FTI	B	2.07%
COR	A	2.07%
RTX	C	2.06%
GDDY	A	2.05%
MSI	B	2.05%
ORCL	B	2.04%
FTDR	B	2.04%
LLY	F	2.04%
NTGR	A	2.03%
META	B	2.02%
WES	D	2.0%
CAH	B	2.0%
GOOGL	A	2.0%
PRM	A	2.0%
WBA	C	2.0%
NYT	A	1.99%
MSFT	D	1.99%
CNO	A	1.99%
PBI	A	1.99%
AAPL	C	1.99%
VIRT	A	1.99%
GNW	D	1.98%
LESL	F	1.94%
ACIW	C	1.94%
PAA	D	1.93%
PAGP	D	1.92%
HTZ	F	1.92%
TJX	D	1.92%
BRC	D	1.91%
PGR	D	1.91%
ROST	F	1.89%
ZIM	A	1.85%
MHO	D	1.85%
HCA	D	1.79%
CVLT	B	1.76%
UHS	D	1.73%
THC	C	1.71%
AGL	F	1.41%

CPAI Underweight 23 Positions Relative to IZRL

Symbol	Grade	Weight
SMWB	C	-2.6%
RDWR	C	-2.46%
TEVA	A	-2.36%
CHKP	F	-2.34%
ITRN	C	-2.29%
MNDY	A	-2.27%
FVRR	A	-2.21%
CYBR	C	-2.18%
WKME	A	-2.14%
CGNT	F	-2.1%
MGIC	C	-2.07%
WIX	B	-2.06%
PLTK	A	-1.94%
SPNS	B	-1.93%
AUDC	F	-1.92%
NICE	C	-1.9%
INMD	C	-1.85%
MDWD	A	-1.75%
URGN	F	-1.7%
RSKD	F	-1.63%
FROG	C	-1.57%
NNOX	F	-1.57%
SSYS	F	-1.45%