CRUZ vs. IYT ETF Comparison

Comparison of Defiance Hotel, Airline, and Cruise ETF (CRUZ) to iShares Transportation AverageETF (IYT)

CRUZ

Defiance Hotel, Airline, and Cruise ETF

CRUZ Description

The investment seeks to track the total return performance, before fees and expenses, of the BlueStar Global Hotels, Airlines, and Cruises Index (the âindexâ). The index is a rules-based index that consists of globally-listed stocks of companies that derive at least 50% of their revenues from the passenger airline, hotel and resort, or cruise industries (âTravel Companiesâ) as determined by MV Index Solutions. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in Travel Companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.84

Average Daily Volume

11,612

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IYT

iShares Transportation AverageETF

IYT Description

The investment seeks to track the investment results of an index composed of U.S. equities in the transportation sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones Transportation Average Index (the "underlying index"), which measures the performance of the transportation sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$65.84

Average Daily Volume

551,585

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CRUZ	IYT
30 Days	-1.91%	-5.03%
60 Days	0.61%	-6.32%
90 Days	2.15%	-0.33%
12 Months	21.09%	19.16%

9 Overlapping Holdings

Symbol	Grade	Weight in CRUZ	Weight in IYT	Overlap
AAL	F	2.33%	1.63%	1.63%
ALGT	F	0.33%	0.15%	0.15%
ALK	B	1.44%	0.99%	0.99%
DAL	A	7.74%	5.6%	5.6%
JBLU	D	0.58%	0.34%	0.34%
LUV	F	2.8%	2.88%	2.8%
SAVE	F	0.25%	0.07%	0.07%
SKYW	A	0.8%	0.53%	0.53%
UAL	B	3.73%	3.1%	3.1%

CRUZ Overweight 20 Positions Relative to IYT

Symbol	Grade	Weight
HLT	D	7.93%
MAR	D	7.75%
RCL	A	7.32%
CCL	F	5.27%
IHG	D	3.27%
HST	D	2.5%
NCLH	F	2.44%
HTHT	B	2.18%
RHP	D	1.49%
WH	D	1.44%
H	C	1.19%
CHH	D	1.18%
PK	D	0.86%
APLE	F	0.72%
CPA	C	0.68%
SHO	D	0.56%
RLJ	D	0.53%
DRH	D	0.49%
PEB	F	0.4%
SVC	F	0.38%

CRUZ Underweight 34 Positions Relative to IYT

Symbol	Grade	Weight
UNP	C	-17.83%
UBER	D	-17.12%
UPS	F	-9.08%
FDX	C	-5.04%
NSC	D	-4.47%
ODFL	F	-4.26%
CSX	D	-4.22%
EXPD	D	-2.91%
SAIA	F	-2.55%
XPO	D	-2.43%
JBHT	F	-2.36%
CHRW	C	-1.45%
KNX	F	-1.34%
KEX	A	-1.17%
LSTR	D	-1.13%
GXO	F	-1.06%
LYFT	D	-0.98%
R	A	-0.96%
MATX	B	-0.68%
ARCB	F	-0.58%
HUBG	C	-0.44%
RXO	D	-0.41%
WERN	D	-0.39%
CAR	D	-0.33%
JOBY	D	-0.33%
MRTN	D	-0.17%
GNK	A	-0.16%
SNDR	D	-0.14%
FWRD	F	-0.13%
HTZ	F	-0.11%
UHAL	C	-0.11%
ATSG	C	-0.11%
SNCY	F	-0.1%
HTLD	F	-0.08%

CRUZ: Top Represented Industries & Keywords

Industries: Airlines REIT - Hotel & Motel Lodging Leisure