CVAR vs. DUSA ETF Comparison

Comparison of Cultivar ETF (CVAR) to Davis Select U.S. Equity ETF (DUSA)

CVAR

Cultivar ETF

CVAR Description

ETF Opportunities Trust - Cultivar ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Cultivar Capital, Inc. and Toroso Investments, LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis with bottom-up and top-down stock picking approach to create its portfolio. ETF Opportunities Trust - Cultivar ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$27.56

Average Daily Volume

504

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DUSA

Davis Select U.S. Equity ETF

DUSA Description

The investment seeks long-term capital growth and capital preservation. Under normal market conditions, the fund will invest at least 80% of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. companies. The fund's portfolio, generally, contains between 15 and 35 companies. It may invest a portion of its assets in financial services companies. The fund may also invest in mid- and small-capitalization companies, which the manager considers to be those companies with less than $10 billion in market capitalization. It may invest up to 20% of net assets in non-U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.34

Average Daily Volume

23,954

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CVAR	DUSA
30 Days	1.25%	6.87%
60 Days	2.07%	7.18%
90 Days	5.42%	8.44%
12 Months	20.08%	31.56%

4 Overlapping Holdings

Symbol	Grade	Weight in CVAR	Weight in DUSA	Overlap
CVS	D	0.92%	2.83%	0.92%
HUM	C	1.34%	3.58%	1.34%
INTC	D	1.49%	1.44%	1.44%
TSN	B	1.27%	0.99%	0.99%

CVAR Overweight 72 Positions Relative to DUSA

Symbol	Grade	Weight
NEM	D	4.18%
MKTX	D	4.15%
CLB	B	3.05%
PRLB	A	3.02%
HCSG	C	2.77%
LUV	C	2.58%
NWN	A	2.06%
PAYC	B	1.72%
GPN	B	1.71%
VEEV	C	1.69%
MKC	D	1.61%
QRVO	F	1.53%
NKE	D	1.49%
MDT	D	1.39%
JNJ	D	1.28%
ARE	D	1.27%
ES	D	1.26%
HRL	D	1.19%
ABT	B	1.14%
FMS	A	1.14%
WU	D	1.13%
DEI	B	1.11%
CLX	B	1.1%
C	A	1.09%
EW	C	1.09%
GOLD	D	1.08%
KMB	D	1.07%
ZTS	D	1.04%
PRGO	B	1.03%
WKC	D	1.03%
POR	C	1.02%
HAS	D	1.0%
DG	F	0.94%
SW	A	0.94%
ANSS	B	0.92%
BABA	D	0.92%
SJM	D	0.89%
SWKS	F	0.88%
INDB	B	0.86%
AAP	C	0.8%
CMCSA	B	0.8%
FMC	D	0.78%
G	B	0.77%
TFC	A	0.77%
CGNX	C	0.75%
BP	D	0.7%
KRC	C	0.67%
BMY	B	0.63%
PYPL	B	0.63%
WHR	B	0.62%
OGS	A	0.6%
MNRO	D	0.59%
INGN	C	0.56%
MCHP	D	0.55%
ZBH	C	0.55%
ESRT	C	0.55%
ADSK	A	0.54%
LTC	B	0.53%
JBT	B	0.51%
BIIB	F	0.5%
CTSH	B	0.5%
PARA	C	0.5%
SQM	F	0.49%
MMM	D	0.49%
ILMN	D	0.48%
SCS	C	0.47%
PDM	D	0.45%
PFE	D	0.44%
RDUS	C	0.43%
CCI	D	0.43%
CMP	C	0.39%
WBD	C	0.19%

CVAR Underweight 21 Positions Relative to DUSA

Symbol	Grade	Weight
COF	B	-11.02%
META	D	-10.16%
BRK.A	B	-8.67%
AMZN	C	-6.51%
WFC	A	-4.93%
VTRS	A	-4.76%
MGM	D	-4.75%
MKL	A	-4.73%
USB	A	-4.46%
GOOG	C	-4.45%
CI	F	-3.42%
OC	A	-3.28%
AMAT	F	-3.15%
DGX	A	-2.97%
BK	A	-2.62%
COP	C	-1.89%
SOLV	C	-1.51%
AXP	A	-1.16%
JPM	A	-1.05%
TXN	C	-1.03%
AGCO	D	-0.93%