CUT vs. LBO ETF Comparison

Comparison of Invesco MSCI Global Timber ETF (CUT) to WHITEWOLF Publicly Listed Private Equity ETF (LBO)
CUT

Invesco MSCI Global Timber ETF

CUT Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Global Timber Index. The fund will invest at least 90% of its total assets in common stock, American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the index and depositary receipts representing common stocks included in the index (or underlying securities representing the ADRs and GDRs included in the index). It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.89

Average Daily Volume

6,362

Number of Holdings *

19

* may have additional holdings in another (foreign) market
LBO

WHITEWOLF Publicly Listed Private Equity ETF

LBO Description The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of U.S. publicly listed private equity companies. It defines "listed private equity companies" as Leverage Finance Providers and Buyout Firms, Sponsors, and Asset Managers (collectively, "Listed Private Equity Companies") that are listed and traded on a U.S. national securities exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.21

Average Daily Volume

181

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period CUT LBO
30 Days -3.87% -0.36%
60 Days 1.84% 2.52%
90 Days -1.31% 3.40%
12 Months 15.89%
0 Overlapping Holdings
Symbol Grade Weight in CUT Weight in LBO Overlap
CUT Overweight 19 Positions Relative to LBO
Symbol Grade Weight
IP A 5.79%
PKG B 5.35%
AVY A 5.17%
AMCR B 5.16%
WRK C 4.95%
WY D 4.8%
GPK D 3.92%
LPX B 2.7%
SON D 2.58%
SEE C 2.44%
WFG D 2.02%
RYN C 1.93%
PCH F 1.44%
SLVM B 1.16%
PIN A 1.09%
CLW B 0.42%
PTVE F 0.25%
MERC F 0.17%
PACK C 0.12%
CUT Underweight 10 Positions Relative to LBO
Symbol Grade Weight
ARCC B -7.88%
FSK B -7.46%
BXSL B -7.04%
KKR B -6.27%
OWL C -5.69%
HTGC A -5.37%
APO A -4.91%
ARES D -4.87%
CG C -4.77%
BX C -4.73%
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