CSB vs. IPO ETF Comparison

Comparison of Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF (CSB) to Renaissance IPO ETF (IPO)

CSB

Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF

CSB Description

CSB's take on the US small-cap space mirrors that of its large-cap sibling, CDL. To qualify for this fund, a company must be among the 500 largest US companies under 3 billion USD in market cap and must have positive earnings for the four most recent quarters. The index selects the 100 highest dividend-yielding stocks from this group and weights them by inverse volatility, giving overweight to low-vol stocks. The index applies 20% country cap and 25% sector cap with semi-annual reconstitution starting each March. The funds closest peers are sibling funds: CSA, which has the same exposure but without the dividend yield screen, and CSF with a cash toggle feature during downturns.

Grade (RS Rating)

Last Trade

$54.71

Average Daily Volume

22,022

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IPO

Renaissance IPO ETF

IPO Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.52

Average Daily Volume

51,952

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CSB	IPO
30 Days	-0.17%	-5.01%
60 Days	1.84%	-3.09%
90 Days	3.59%	9.84%
12 Months	16.43%	40.33%

1 Overlapping Holdings

	Symbol	Grade	Weight in CSB	Weight in IPO	Overlap
	YOU	F	0.67%	0.53%	0.53%

CSB Overweight 98 Positions Relative to IPO

Symbol	Grade	Weight
MGEE	A	1.78%
MDU	A	1.69%
WEN	B	1.54%
NFG	A	1.5%
NJR	B	1.48%
SR	B	1.47%
NWE	B	1.45%
MSM	F	1.44%
POR	B	1.4%
AWR	C	1.39%
ALE	A	1.37%
OGS	B	1.36%
AVT	A	1.32%
MAN	B	1.3%
SWX	A	1.29%
AVA	B	1.28%
SJW	D	1.27%
GEF	D	1.25%
R	A	1.25%
KNTK	B	1.25%
VIRT	A	1.24%
BKH	B	1.24%
CWT	B	1.21%
WU	C	1.19%
CPK	B	1.18%
NWN	B	1.17%
TGNA	D	1.17%
HRB	D	1.15%
NOG	B	1.15%
PINC	F	1.14%
ETRN	A	1.14%
JXN	A	1.09%
NAVI	D	1.08%
LEVI	A	1.08%
SXT	A	1.07%
AVNT	A	1.03%
AROC	B	1.02%
HNI	B	1.02%
NWBI	C	1.02%
FRME	B	1.02%
FHB	A	1.01%
NBTB	B	1.01%
CALM	D	1.0%
OXM	A	1.0%
NHC	D	1.0%
CRI	F	0.99%
KMT	D	0.99%
FULT	A	0.99%
BANR	B	0.97%
FFBC	A	0.97%
CAKE	D	0.96%
APAM	D	0.96%
UBSI	D	0.95%
DK	F	0.95%
ENR	C	0.93%
ASB	A	0.93%
BLMN	F	0.91%
TRN	A	0.9%
AESI	B	0.89%
TNL	D	0.88%
CBU	C	0.88%
WAFD	B	0.88%
WSBC	D	0.87%
HP	F	0.87%
CVI	F	0.87%
AUB	C	0.87%
CWEN	B	0.86%
PZZA	F	0.86%
INDB	C	0.84%
SFNC	D	0.83%
DAN	C	0.81%
BKE	D	0.81%
AAP	D	0.8%
KTB	B	0.79%
VGR	F	0.79%
FIBK	B	0.77%
JACK	F	0.77%
VAC	C	0.77%
PPBI	D	0.76%
CCOI	F	0.76%
SNV	C	0.76%
PDCO	F	0.75%
CBRL	F	0.72%
CVBF	D	0.72%
BOH	D	0.7%
BKU	B	0.7%
CABO	F	0.69%
LCII	F	0.68%
COLB	C	0.67%
PTEN	F	0.66%
CRGY	F	0.66%
M	C	0.64%
SCS	D	0.63%
JWN	B	0.6%
GPS	D	0.56%
CWH	F	0.54%
SSTK	F	0.52%
MLKN	D	0.5%

CSB Underweight 44 Positions Relative to IPO

Symbol	Grade	Weight
KVUE	D	-9.85%
COIN	D	-9.62%
NU	C	-9.54%
APP	B	-5.48%
HOOD	C	-4.18%
ARM	F	-3.87%
CNM	A	-3.67%
PATH	D	-2.73%
ONON	C	-2.56%
BZ	A	-2.42%
DUOL	A	-2.41%
RIVN	F	-2.26%
CRBG	A	-2.24%
YMM	A	-2.17%
CFLT	D	-2.1%
PCOR	D	-2.06%
S	D	-1.91%
GTLB	F	-1.86%
MNDY	D	-1.74%
RYAN	D	-1.74%
DV	D	-1.57%
EDR	A	-1.55%
GFS	D	-1.4%
HCP	B	-1.17%
TPG	C	-1.16%
GLBE	F	-1.14%
FRSH	F	-1.09%
DOCS	F	-0.99%
MQ	D	-0.93%
BRZE	D	-0.82%
DOCN	D	-0.75%
SQSP	B	-0.74%
NUVL	D	-0.65%
AGL	F	-0.54%
INFA	D	-0.51%
BROS	F	-0.5%
DLO	F	-0.48%
BIRK	D	-0.42%
PYCR	F	-0.42%
FLNC	B	-0.36%
PWSC	F	-0.36%
ACT	A	-0.32%
BLCO	F	-0.19%
INST	F	-0.14%