CPAI vs. XTN ETF Comparison

Comparison of Counterpoint Quantitative Equity ETF (CPAI) to SPDR S&P Transportation ETF (XTN)

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

XTN

SPDR S&P Transportation ETF

XTN Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the transportation segment of a U.S. total market composite index. In seeking to track the performance of the S&P Transportation Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the transportation industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$92.37

Average Daily Volume

32,827

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CPAI	XTN
30 Days	7.98%	10.73%
60 Days	10.10%	15.13%
90 Days	12.45%	17.97%
12 Months		26.34%

2 Overlapping Holdings

	Symbol	Grade	Weight in CPAI	Weight in XTN	Overlap
	HTZ	C	2.35%	0.97%	0.97%
	SKYW	B	2.47%	3.23%	2.47%

CPAI Overweight 47 Positions Relative to XTN

Symbol	Grade	Weight
TRGP	B	2.61%
SFM	A	2.49%
TDS	B	2.45%
OKE	A	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%
LDOS	C	1.86%
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 40 Positions Relative to XTN

Symbol	Grade	Weight
UAL	A	-4.14%
LYFT	C	-3.6%
DAL	C	-3.27%
CAR	C	-3.18%
XPO	B	-3.1%
AAL	B	-3.04%
ALK	C	-2.89%
SAIA	B	-2.86%
MATX	C	-2.83%
JBLU	F	-2.73%
R	B	-2.73%
GXO	B	-2.68%
ODFL	B	-2.64%
LUV	C	-2.58%
CHRW	C	-2.54%
KEX	C	-2.49%
JBHT	C	-2.49%
JOBY	B	-2.48%
ARCB	C	-2.45%
SNDR	B	-2.45%
WERN	C	-2.45%
NSC	B	-2.45%
RXO	C	-2.44%
CSX	B	-2.42%
KNX	B	-2.41%
UPS	C	-2.38%
LSTR	D	-2.34%
FDX	B	-2.33%
EXPD	D	-2.28%
UBER	D	-2.25%
HUBG	A	-2.21%
UNP	C	-2.16%
ALGT	B	-2.12%
GNK	D	-1.2%
FWRD	D	-1.17%
SNCY	C	-1.14%
ATSG	B	-1.07%
MRTN	C	-0.79%
UHAL	D	-0.66%
HTLD	B	-0.49%