FPAG vs. RSPD ETF Comparison

Comparison of FPA Global Equity ETF (FPAG) to Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD)

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

$30.99

Average Daily Volume

28,017

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RSPD

Invesco S&P 500 Equal Weight Consumer Discretionary ETF

RSPD Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Consumer Discretionary Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the consumer discretionary sector, as defined according to the Global Industry Classification Standard (GICS).

Grade (RS Rating)

Last Trade

$54.26

Average Daily Volume

33,235

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	RSPD
30 Days	1.22%	5.26%
60 Days	1.82%	6.41%
90 Days	1.89%	9.56%
12 Months	23.71%	27.45%

3 Overlapping Holdings

Symbol	Grade	Weight in FPAG	Weight in RSPD	Overlap
AMZN	C	3.39%	2.02%	2.02%
KMX	B	1.85%	1.83%	1.83%
MAR	B	1.69%	2.27%	1.69%

FPAG Overweight 22 Positions Relative to RSPD

Symbol	Grade	Weight
GOOGL	C	6.38%
META	D	5.35%
ADI	D	5.13%
C	A	4.88%
CMCSA	B	4.78%
TEL	B	4.58%
GOOG	C	4.17%
IFF	D	3.84%
WFC	A	3.66%
AON	A	2.69%
AVGO	D	2.26%
NXPI	D	2.21%
CHTR	C	1.75%
KMI	A	1.72%
FE	C	1.49%
HWM	A	1.29%
ICLR	D	1.26%
WAB	B	1.23%
UBER	D	1.16%
NFLX	A	0.66%
BABA	D	0.29%
PCG	A	0.21%

FPAG Underweight 47 Positions Relative to RSPD

Symbol	Grade	Weight
TSLA	B	-2.75%
CCL	B	-2.65%
RCL	A	-2.58%
NCLH	B	-2.52%
EXPE	B	-2.48%
TPR	B	-2.47%
BKNG	A	-2.4%
LVS	C	-2.29%
GM	B	-2.27%
GRMN	B	-2.26%
LULU	C	-2.17%
RL	B	-2.17%
HLT	A	-2.15%
WYNN	D	-2.15%
DECK	A	-2.12%
ABNB	C	-2.1%
DPZ	C	-2.07%
HD	A	-2.02%
ORLY	B	-2.02%
LOW	D	-1.99%
BWA	D	-1.99%
CMG	B	-1.96%
F	C	-1.96%
DRI	B	-1.92%
MGM	D	-1.9%
SBUX	A	-1.9%
AZO	C	-1.89%
POOL	C	-1.89%
TJX	A	-1.87%
YUM	B	-1.87%
TSCO	D	-1.83%
MCD	D	-1.83%
EBAY	D	-1.81%
NVR	D	-1.77%
NKE	D	-1.77%
CZR	F	-1.76%
ULTA	F	-1.74%
LKQ	D	-1.73%
PHM	D	-1.72%
ROST	C	-1.7%
LEN	D	-1.69%
BBY	D	-1.69%
GPC	D	-1.69%
HAS	D	-1.68%
MHK	D	-1.65%
DHI	D	-1.55%
APTV	D	-1.43%