CUT vs. SPRE ETF Comparison

Comparison of Invesco MSCI Global Timber ETF (CUT) to SP Funds S&P Global REIT Sharia ETF (SPRE)

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

$32.12

Average Daily Volume

12,084

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

SPRE

SP Funds S&P Global REIT Sharia ETF

SPRE Description

Tidal ETF Trust - SP Funds S&P Global REIT Sharia ETF is a Shariah-Compliant exchange traded fund launched and managed by Toroso Investments, LLC. It is co-managed by Shariaportfolio, Inc. It invests in public equity markets of global region. The fund invests in stocks of companies operating across real estate, equity investment trusts (reits) sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the S&P Global Sharia All REIT Capped Index, by using full replication technique. The fund does not invest in stocks of companies operating across gambling, alcohol and tobacco sectors. Tidal ETF Trust - SP Funds S&P Global REIT Sharia ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$18.34

Average Daily Volume

49,096

Number of Holdings ^*

18

* may have additional holdings in another (foreign) market

Performance

Period	CUT	SPRE
30 Days	-2.72%	-7.76%
60 Days	3.77%	-7.48%
90 Days	3.53%	-6.45%
12 Months	8.23%	-5.72%

3 Overlapping Holdings

	Symbol	Grade	Weight in CUT	Weight in SPRE	Overlap
	PCH	F	1.57%	1.33%	1.33%
	RYN	D	2.0%	1.63%	1.63%
	WY	D	4.73%	5.06%	4.73%

CUT Overweight 16 Positions Relative to SPRE

	Symbol	Grade	Weight
	WRK	A	5.28%
	PKG	B	5.21%
	IP	B	4.95%
	AVY	C	4.83%
	AMCR	D	4.69%
	GPK	A	3.94%
	SON	B	2.54%
	LPX	B	2.32%
	SEE	F	2.19%
	WFG	C	2.08%
	SLVM	B	1.01%
	PIN	B	0.76%
	CLW	A	0.33%
	PTVE	A	0.3%
	MERC	A	0.19%
	PACK	A	0.15%

CUT Underweight 15 Positions Relative to SPRE

	Symbol	Grade	Weight
	PSA	D	-12.33%
	PLD	D	-11.49%
	EQIX	D	-10.85%
	MAA	D	-5.27%
	AVB	A	-5.24%
	EQR	A	-5.21%
	ELS	F	-4.31%
	CPT	C	-4.01%
	REXR	D	-3.77%
	CUBE	B	-3.73%
	EGP	F	-3.1%
	FR	D	-2.57%
	TRNO	D	-2.03%
	CTRE	A	-1.16%
	IIPR	B	-1.04%

CUT: Top Represented Industries & Keywords

Industries: Packaging & Containers Lumber & Wood Production Paper & Paper Products Building Materials Business Equipment Conglomerates REIT - Diversified

Keywords: Containers Packaging Materials Paper S&P 500 Packaging And Labeling Packaging Solutions Paperboard Pulp Pulp And Paper Industry Wood Products Packaging Products Paper Products Printing Timberland Beverage Cellulose Lumber Packaging Papermaking Plywood

SPRE: Top Represented Industries & Keywords

Industries: REIT - Industrial REIT - Residential Lumber & Wood Production REIT - Diversified REIT - Healthcare Facilities

Keywords: Real Estate Investment Trust S&P 500 Real Estate Market Industrial Properties Industrial Real Estate Timberland Wood Products Cellulose Cellulose Fiber Lumber Plywood Pulp Self Storage Swimming Swimming Pool Tennis Textiles Absorbent Products Acetate Basketball