FMCX vs. ACTV ETF Comparison

Comparison of FMC Excelsior Focus Equity ETF (FMCX) to LeaderShares Activist Leaders ETF (ACTV)

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.92

Average Daily Volume

882

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACTV

LeaderShares Activist Leaders ETF

ACTV Description

The investment seeks to generate long-term capital growth. The fund will be invested in equity securities of companies listed on a U.S. exchange with market capitalizations of at least $1 billion at the time of initial purchase. It may focus its investments in a particular sector, industry or group of industries. The fund may utilize derivatives, such as equity options and total return swap agreements, to seek to achieve its objective and for hedging purposes.

Grade (RS Rating)

Last Trade

$33.01

Average Daily Volume

7,647

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMCX	ACTV
30 Days	-3.24%	-5.59%
60 Days	-0.14%	-1.24%
90 Days	3.02%	0.41%
12 Months	19.90%	14.10%

3 Overlapping Holdings

Symbol	Grade	Weight in FMCX	Weight in ACTV	Overlap
GDDY	A	4.98%	3.98%	3.98%
IAC	D	5.35%	0.68%	0.68%
KKR	C	6.14%	0.72%	0.72%

FMCX Overweight 49 Positions Relative to ACTV

Symbol	Grade	Weight
AAPL	F	6.93%
UNH	C	6.84%
AMZN	A	5.01%
MSFT	D	4.79%
LBRDK	D	4.24%
LSXMK	F	4.22%
GGG	D	3.98%
PYPL	A	3.9%
MTCH	F	3.18%
LSXMA	F	1.79%
GOOGL	A	1.77%
LBRDA	D	1.74%
PG	A	1.3%
PM	A	1.21%
YUM	A	1.18%
CMCSA	F	1.13%
MCD	D	1.12%
AMGN	D	1.11%
KEYS	C	1.06%
VUSB	A	0.92%
ICSH	A	0.92%
GILD	F	0.87%
CL	A	0.85%
MO	A	0.84%
ENTG	C	0.82%
ARWR	F	0.72%
NKE	F	0.68%
HON	C	0.6%
DHR	C	0.55%
GOOG	A	0.5%
BAX	C	0.47%
YUMC	D	0.42%
MUSA	A	0.4%
SPGI	C	0.37%
MTX	B	0.33%
KEX	A	0.33%
EQR	A	0.3%
JPM	B	0.3%
MUR	A	0.25%
V	C	0.21%
FWONK	B	0.21%
BKNG	C	0.19%
FLWS	C	0.15%
GD	B	0.13%
BATRK	C	0.11%
PNR	C	0.1%
FWONA	B	0.05%
VMEO	D	0.03%
BATRA	D	0.02%

FMCX Underweight 40 Positions Relative to ACTV

Symbol	Grade	Weight
NSIT	D	-3.82%
SWX	A	-3.82%
INVA	B	-3.72%
BLMN	D	-3.69%
MRCY	D	-3.67%
DAN	C	-3.67%
JHG	B	-3.65%
FTRE	D	-3.61%
THS	F	-3.59%
IVZ	F	-3.59%
JBLU	F	-3.58%
ALIT	D	-3.57%
FRPT	C	-3.55%
CNDT	D	-3.47%
NWL	C	-3.43%
BBWI	C	-3.41%
IRWD	F	-3.37%
SPOT	A	-0.85%
VRT	A	-0.77%
CMG	A	-0.76%
NBIX	C	-0.75%
IFF	A	-0.75%
PRMW	A	-0.75%
NYT	D	-0.74%
KNF	A	-0.74%
X	D	-0.73%
TDS	C	-0.72%
FYBR	C	-0.72%
PAYC	D	-0.72%
GTX	B	-0.71%
NWS	D	-0.71%
TRMB	C	-0.71%
J	C	-0.71%
DBRG	F	-0.7%
BANC	C	-0.69%
ROG	C	-0.68%
WCC	F	-0.68%
AAP	B	-0.67%
BCRX	F	-0.67%
CBRE	C	-0.67%