CVAR vs. PSCF ETF Comparison

Comparison of Cultivar ETF (CVAR) to PowerShares S&P SmallCap Financials Portfolio (PSCF)

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

$24.71

Average Daily Volume

687

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCF

PowerShares S&P SmallCap Financials Portfolio

PSCF Description

The PowerShares S&P SmallCap Financials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Financials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US financial services companies. These companies are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$46.24

Average Daily Volume

1,127

Number of Holdings ^*

157

* may have additional holdings in another (foreign) market

Performance

Period	CVAR	PSCF
30 Days	-3.38%	-2.84%
60 Days	1.02%	-1.26%
90 Days	1.02%	-1.18%
12 Months	5.94%	19.18%

4 Overlapping Holdings

Symbol	Grade	Weight in CVAR	Weight in PSCF	Overlap
DEI	B	0.92%	0.77%	0.77%
HIW	A	0.5%	0.91%	0.5%
INDB	B	0.7%	0.76%	0.7%
LTC	A	0.5%	0.46%	0.46%

CVAR Overweight 83 Positions Relative to PSCF

Symbol	Grade	Weight
PRLB	F	3.12%
HCSG	F	3.03%
NEM	A	2.66%
CLB	D	2.63%
LUV	F	2.57%
GOLD	B	2.16%
NWN	A	1.99%
MKC	B	1.82%
T	B	1.66%
C	A	1.61%
GPN	F	1.58%
WU	C	1.54%
MKTX	F	1.43%
ES	A	1.37%
MTB	A	1.34%
TSN	A	1.34%
PRGO	A	1.33%
NEE	A	1.28%
DG	D	1.21%
KMB	A	1.19%
HRL	A	1.19%
FMS	A	1.17%
HAS	A	1.17%
WBA	F	1.17%
PAYC	F	1.15%
INTC	F	1.13%
BP	A	1.06%
QRVO	C	1.05%
POR	A	1.05%
SJM	F	1.03%
ZTS	D	1.01%
ANSS	D	0.99%
SCS	D	0.98%
WRK	A	0.92%
TFC	A	0.92%
FMC	F	0.91%
CLX	D	0.91%
SWKS	F	0.91%
MCHP	A	0.87%
NHI	A	0.86%
BABA	C	0.86%
ABT	D	0.84%
NKE	F	0.82%
MDT	C	0.81%
CMCSA	F	0.79%
G	F	0.77%
VEEV	D	0.73%
BIDU	C	0.73%
AAP	C	0.69%
PARA	B	0.65%
MNRO	F	0.65%
KRC	F	0.64%
GOOGL	A	0.6%
VZ	C	0.59%
IP	C	0.59%
TYL	A	0.59%
OGS	A	0.56%
CGNX	C	0.56%
DUK	A	0.55%
BAC	A	0.55%
AEP	A	0.54%
CFG	A	0.54%
DPZ	A	0.54%
ESRT	C	0.53%
CHRW	D	0.53%
JNJ	D	0.53%
PYPL	A	0.53%
HUM	F	0.51%
ADSK	F	0.51%
PDM	B	0.51%
ILMN	D	0.5%
PFE	C	0.5%
IDA	A	0.5%
CTSH	D	0.49%
RDUS	F	0.49%
CCI	D	0.44%
JBT	F	0.43%
INGN	D	0.43%
MMM	A	0.39%
CMP	F	0.38%
WHR	F	0.36%
CHTR	F	0.34%
WBD	F	0.18%

CVAR Underweight 153 Positions Relative to PSCF

Symbol	Grade	Weight
COOP	A	-1.75%
LNC	D	-1.67%
JXN	A	-1.65%
RDN	C	-1.59%
AGO	D	-1.47%
PECO	D	-1.41%
EPRT	A	-1.4%
MC	D	-1.24%
AEL	A	-1.21%
MAC	F	-1.18%
APLE	D	-1.14%
SLG	B	-1.14%
BXMT	D	-1.13%
CTRE	A	-1.07%
WD	C	-1.07%
UCBI	B	-1.06%
ABCB	A	-1.05%
BGC	A	-1.04%
SKT	C	-1.04%
SFBS	D	-1.04%
AUB	D	-1.04%
APAM	D	-1.02%
FBP	A	-1.01%
PIPR	A	-1.01%
HASI	D	-0.98%
FHB	A	-0.96%
IIPR	A	-0.94%
MPW	B	-0.94%
GNW	C	-0.94%
WSFS	A	-0.92%
CATY	F	-0.92%
AX	A	-0.91%
LXP	D	-0.88%
FULT	A	-0.87%
EVTC	D	-0.86%
NMIH	A	-0.86%
SITC	C	-0.86%
ABR	B	-0.84%
CBU	D	-0.82%
BOH	D	-0.81%
SFNC	D	-0.8%
CVBF	D	-0.76%
OUT	B	-0.76%
PPBI	D	-0.74%
PJT	D	-0.74%
SHO	D	-0.74%
FFBC	A	-0.73%
FCPT	C	-0.73%
BKU	A	-0.71%
JOE	A	-0.7%
PLMR	B	-0.69%
UE	B	-0.68%
SBCF	D	-0.68%
BANC	D	-0.68%
PRK	A	-0.67%
WAFD	D	-0.66%
DRH	D	-0.65%
SNEX	A	-0.64%
TBBK	F	-0.64%
PEB	D	-0.63%
ENVA	B	-0.62%
AKR	A	-0.62%
STC	A	-0.6%
OFG	A	-0.59%
RNST	D	-0.59%
TRMK	A	-0.57%
NBTB	A	-0.57%
CWK	C	-0.56%
DFIN	B	-0.55%
BANR	D	-0.54%
VRTS	D	-0.54%
LKFN	C	-0.54%
ROIC	D	-0.54%
CHCO	A	-0.53%
HMN	A	-0.52%
XHR	D	-0.52%
IBTX	F	-0.52%
MCY	A	-0.51%
GSHD	D	-0.5%
PRG	B	-0.5%
HTH	D	-0.49%
NWBI	D	-0.49%
ARI	D	-0.49%
NATL	B	-0.49%
RC	B	-0.48%
CUBI	D	-0.48%
FCF	A	-0.47%
NAVI	F	-0.47%
FBNC	D	-0.47%
FBK	B	-0.46%
BANF	A	-0.46%
GNL	D	-0.46%
GTY	B	-0.46%
CASH	B	-0.45%
NBHC	D	-0.45%
HOPE	D	-0.45%
JBGS	D	-0.45%
WABC	A	-0.44%
UNIT	C	-0.44%
SAFT	C	-0.42%
ALEX	C	-0.41%
STBA	B	-0.41%
PMT	A	-0.41%
EIG	C	-0.4%
PFS	B	-0.4%
DEA	B	-0.39%
SPNT	C	-0.38%
VBTX	B	-0.38%
AAT	A	-0.36%
KW	B	-0.35%
SVC	F	-0.35%
AMSF	F	-0.34%
CSR	A	-0.34%
ECPG	F	-0.34%
PFBC	A	-0.33%
EFC	B	-0.32%
PRAA	C	-0.32%
BHLB	A	-0.32%
BRKL	F	-0.29%
TRUP	D	-0.28%
SBSI	D	-0.28%
BDN	A	-0.27%
EXPI	F	-0.27%
HCI	A	-0.27%
HPP	F	-0.26%
NXRT	A	-0.26%
RWT	C	-0.26%
MMI	F	-0.26%
BSIG	B	-0.26%
AHH	B	-0.25%
PRA	B	-0.24%
EGBN	F	-0.23%
AMBC	C	-0.23%
DCOM	B	-0.23%
INN	D	-0.23%
CHCT	F	-0.22%
HFWA	C	-0.22%
CFFN	D	-0.22%
KREF	D	-0.2%
TMP	D	-0.2%
EZPW	A	-0.2%
WSR	C	-0.19%
TRST	C	-0.18%
CPF	A	-0.18%
UFCS	A	-0.17%
WRLD	A	-0.16%
CLDT	F	-0.16%
HAFC	B	-0.16%
BFS	B	-0.16%
UHT	D	-0.15%
GDOT	B	-0.14%
NFBK	D	-0.12%
RILY	B	-0.12%