FCUS vs. BBRE ETF Comparison

Comparison of Pinnacle Focused Opportunities ETF (FCUS) to JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE)

FCUS

Pinnacle Focused Opportunities ETF

FCUS Description

The investment seeks long term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective primarily by investing in a focused portfolio of U.S. equity securities. The fund's manager manages its portfolio based on its proprietary model. The fund’s portfolio excludes certain equity securities, such as limited partnerships, closed-end investment companies, and warrants. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.98

Average Daily Volume

4,537

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BBRE

JPMorgan BetaBuilders MSCI U.S. REIT ETF

BBRE Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$100.43

Average Daily Volume

36,489

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	FCUS	BBRE
30 Days	15.88%	-0.12%
60 Days	19.23%	-1.15%
90 Days	20.74%	2.93%
12 Months	57.38%	29.32%

1 Overlapping Holdings

	Symbol	Grade	Weight in FCUS	Weight in BBRE	Overlap
	IRM	D	2.74%	2.95%	2.74%

FCUS Overweight 27 Positions Relative to BBRE

Symbol	Grade	Weight
APP	B	7.4%
PLTR	B	5.53%
TPL	A	4.61%
SFM	A	4.09%
INSM	C	3.97%
CVNA	B	3.97%
GWRE	A	3.96%
TRGP	B	3.5%
ALNY	D	3.38%
UAL	A	3.35%
CRS	A	3.31%
FICO	B	3.31%
HOOD	B	3.3%
MTZ	B	3.09%
ALSN	B	3.05%
NCLH	B	2.99%
ETR	B	2.97%
HWM	A	2.59%
JEF	A	2.56%
PSN	D	2.5%
CCL	B	2.5%
MLI	C	2.45%
GRMN	B	2.28%
CBRE	B	2.22%
UTHR	C	2.14%
LDOS	C	1.94%
PCVX	D	1.76%

FCUS Underweight 113 Positions Relative to BBRE

Symbol	Grade	Weight
PLD	D	-8.9%
EQIX	A	-7.34%
WELL	A	-6.17%
DLR	B	-4.57%
SPG	B	-4.49%
PSA	D	-4.27%
O	D	-3.75%
EXR	D	-3.02%
AVB	B	-2.78%
VICI	C	-2.7%
EQR	B	-2.27%
VTR	C	-2.24%
INVH	D	-1.8%
ESS	B	-1.7%
MAA	B	-1.59%
KIM	A	-1.47%
ARE	D	-1.42%
SUI	D	-1.37%
DOC	D	-1.3%
UDR	B	-1.26%
GLPI	C	-1.14%
REG	B	-1.09%
HST	C	-1.09%
ELS	C	-1.09%
CPT	B	-1.07%
BXP	D	-1.04%
AMH	D	-1.04%
WPC	D	-1.03%
CUBE	D	-0.95%
OHI	C	-0.82%
BRX	A	-0.78%
FRT	B	-0.73%
REXR	F	-0.69%
NNN	D	-0.69%
EGP	F	-0.65%
FR	C	-0.61%
ADC	B	-0.6%
VNO	B	-0.59%
STAG	F	-0.57%
COLD	D	-0.54%
KRG	B	-0.53%
RHP	B	-0.52%
SLG	B	-0.45%
CUZ	B	-0.42%
EPRT	B	-0.42%
IRT	A	-0.42%
TRNO	F	-0.4%
PECO	A	-0.4%
SBRA	C	-0.38%
MAC	B	-0.37%
KRC	C	-0.36%
NSA	D	-0.34%
SKT	B	-0.34%
CDP	C	-0.31%
DEI	B	-0.3%
EPR	D	-0.3%
APLE	B	-0.3%
HIW	D	-0.3%
NHI	D	-0.3%
PK	B	-0.28%
CTRE	D	-0.27%
BNL	D	-0.26%
IIPR	D	-0.26%
UE	C	-0.24%
LXP	D	-0.23%
MPW	F	-0.23%
AKR	B	-0.22%
FCPT	C	-0.22%
IVT	B	-0.21%
ROIC	A	-0.2%
EQC	B	-0.2%
SHO	C	-0.19%
DRH	B	-0.17%
JBGS	D	-0.15%
PEB	D	-0.15%
XHR	B	-0.15%
ESRT	C	-0.14%
RLJ	C	-0.14%
LTC	B	-0.14%
ELME	D	-0.13%
GNL	F	-0.13%
ALEX	C	-0.13%
VRE	B	-0.13%
AAT	B	-0.13%
GTY	B	-0.12%
AIV	C	-0.12%
PDM	D	-0.11%
UMH	C	-0.1%
DEA	D	-0.1%
NXRT	B	-0.1%
CSR	B	-0.1%
BDN	C	-0.09%
PLYM	F	-0.08%
PGRE	F	-0.08%
AHH	D	-0.08%
NTST	D	-0.08%
GOOD	B	-0.07%
WSR	A	-0.07%
BFS	C	-0.06%
INN	D	-0.06%
FPI	B	-0.06%
OLP	B	-0.05%
ALX	D	-0.05%
UHT	D	-0.05%
GMRE	F	-0.05%
LAND	F	-0.04%
CBL	A	-0.04%
SVC	F	-0.04%
CLDT	B	-0.04%
CHCT	C	-0.04%
HPP	F	-0.04%
DHC	F	-0.03%
PKST	D	-0.03%