FPAG vs. RPV ETF Comparison

Comparison of FPA Global Equity ETF (FPAG) to Guggenheim S&P 500 Pure Value ETF (RPV)

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.35

Average Daily Volume

18,639

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RPV

Guggenheim S&P 500 Pure Value ETF

RPV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P 500 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.52

Average Daily Volume

277,110

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	RPV
30 Days	-1.56%	-3.25%
60 Days	0.93%	1.73%
90 Days	3.64%	3.52%
12 Months	25.04%	16.78%

5 Overlapping Holdings

Symbol	Grade	Weight in FPAG	Weight in RPV	Overlap
C	B	4.88%	2.13%	2.13%
IFF	A	3.84%	0.66%	0.66%
KMI	A	1.72%	0.47%	0.47%
KMX	F	1.85%	1.44%	1.44%
WFC	B	3.66%	1.01%	1.01%

FPAG Overweight 20 Positions Relative to RPV

Symbol	Grade	Weight
GOOGL	A	6.38%
META	D	5.35%
ADI	A	5.13%
CMCSA	F	4.78%
TEL	D	4.58%
GOOG	A	4.17%
AMZN	B	3.39%
AON	F	2.69%
AVGO	D	2.26%
NXPI	B	2.21%
CHTR	D	1.75%
MAR	D	1.69%
FE	A	1.49%
HWM	A	1.29%
ICLR	D	1.26%
WAB	A	1.23%
UBER	D	1.16%
NFLX	C	0.66%
BABA	B	0.29%
PCG	A	0.21%

FPAG Underweight 90 Positions Relative to RPV

Symbol	Grade	Weight
GM	B	-4.21%
BRK.A	D	-3.42%
F	B	-2.8%
UAL	B	-2.51%
VTRS	C	-2.31%
TSN	A	-2.28%
VLO	B	-2.26%
PARA	B	-2.14%
MHK	C	-2.11%
KR	B	-1.92%
CVS	F	-1.91%
BG	B	-1.9%
WBA	F	-1.77%
CNC	D	-1.76%
PSX	D	-1.74%
CFG	A	-1.71%
IVZ	F	-1.6%
WRK	A	-1.52%
CI	B	-1.5%
MCK	B	-1.42%
AAL	F	-1.32%
WBD	F	-1.29%
COF	B	-1.28%
BWA	B	-1.27%
HPE	D	-1.23%
TFC	A	-1.22%
NRG	A	-1.21%
CAH	D	-1.13%
SYF	A	-1.1%
ADM	C	-1.05%
BBY	F	-1.04%
KHC	B	-1.04%
L	A	-1.01%
UHS	C	-1.01%
PRU	D	-1.0%
IP	C	-0.99%
AIG	A	-0.99%
MOS	F	-0.98%
MTB	A	-0.96%
BAC	B	-0.96%
LUV	F	-0.95%
TAP	F	-0.9%
BK	B	-0.83%
HBAN	A	-0.82%
KEY	B	-0.77%
RF	A	-0.76%
STT	D	-0.75%
T	B	-0.73%
BEN	F	-0.7%
GS	A	-0.67%
HIG	D	-0.66%
MET	D	-0.64%
DOW	D	-0.63%
EQT	A	-0.61%
TGT	D	-0.6%
CMA	A	-0.6%
SWK	F	-0.59%
FITB	A	-0.58%
VZ	D	-0.58%
ELV	B	-0.58%
AIZ	D	-0.58%
CAG	A	-0.58%
PNC	A	-0.55%
LYB	D	-0.54%
SYY	D	-0.53%
EMN	B	-0.53%
ALL	B	-0.53%
EG	D	-0.53%
EVRG	A	-0.52%
CTVA	B	-0.52%
HSIC	F	-0.51%
ALB	D	-0.5%
CINF	D	-0.5%
ARE	C	-0.5%
CVX	B	-0.5%
FDX	B	-0.5%
PNW	A	-0.49%
USB	D	-0.49%
TRV	C	-0.49%
ES	B	-0.49%
PFG	D	-0.49%
LKQ	F	-0.45%
FOXA	A	-0.44%
BIO	D	-0.43%
HPQ	F	-0.42%
CHRW	C	-0.38%
NWSA	D	-0.37%
HUM	D	-0.3%
FOX	A	-0.22%
NWS	D	-0.12%