FPAG vs. RSPN ETF Comparison

Comparison of FPA Global Equity ETF (FPAG) to Invesco S&P 500 Equal Weight Industrials Portfolio (RSPN)

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

RSPN

Invesco S&P 500 Equal Weight Industrials Portfolio

RSPN 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® Industrials 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 industrials sector, as defined according to the Global Industry Classification Standard (GICS).

Grade (RS Rating)

Last Trade

$54.55

Average Daily Volume

38,999

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	RSPN
30 Days	1.22%	5.84%
60 Days	1.82%	8.32%
90 Days	1.89%	12.16%
12 Months	23.71%	37.79%

3 Overlapping Holdings

Symbol	Grade	Weight in FPAG	Weight in RSPN	Overlap
HWM	A	1.29%	1.4%	1.29%
UBER	D	1.16%	1.13%	1.13%
WAB	B	1.23%	1.36%	1.23%

FPAG Overweight 22 Positions Relative to RSPN

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%
AMZN	C	3.39%
AON	A	2.69%
AVGO	D	2.26%
NXPI	D	2.21%
KMX	B	1.85%
CHTR	C	1.75%
KMI	A	1.72%
MAR	B	1.69%
FE	C	1.49%
ICLR	D	1.26%
NFLX	A	0.66%
BABA	D	0.29%
PCG	A	0.21%

FPAG Underweight 74 Positions Relative to RSPN

Symbol	Grade	Weight
UAL	A	-2.12%
AXON	A	-1.86%
GEV	B	-1.7%
DAL	C	-1.65%
GNRC	B	-1.53%
PAYC	B	-1.52%
SNA	A	-1.5%
EMR	A	-1.49%
DAY	B	-1.48%
PWR	A	-1.44%
CMI	A	-1.42%
J	F	-1.41%
PCAR	B	-1.39%
GWW	B	-1.39%
ETN	A	-1.38%
PH	A	-1.38%
FAST	B	-1.38%
PNR	A	-1.37%
JCI	C	-1.36%
AME	A	-1.36%
URI	B	-1.35%
IEX	B	-1.34%
TT	A	-1.33%
LUV	C	-1.33%
CPRT	A	-1.33%
IR	B	-1.32%
HON	B	-1.32%
ODFL	B	-1.31%
CAT	B	-1.31%
HUBB	B	-1.3%
CHRW	C	-1.3%
JBHT	C	-1.29%
DOV	A	-1.28%
ITW	B	-1.27%
ADP	B	-1.27%
ROK	B	-1.27%
NSC	B	-1.26%
OTIS	C	-1.26%
BR	A	-1.26%
UPS	C	-1.25%
LHX	C	-1.25%
PAYX	C	-1.24%
WM	A	-1.24%
CTAS	B	-1.23%
VRSK	A	-1.23%
CSX	B	-1.23%
FDX	B	-1.22%
LDOS	C	-1.21%
DE	A	-1.21%
FTV	C	-1.2%
RSG	A	-1.2%
NDSN	B	-1.19%
EXPD	D	-1.18%
RTX	C	-1.18%
ROL	B	-1.17%
GE	D	-1.17%
ALLE	D	-1.16%
BLDR	D	-1.15%
MMM	D	-1.15%
CARR	D	-1.14%
MAS	D	-1.13%
TXT	D	-1.12%
GD	F	-1.11%
NOC	D	-1.11%
UNP	C	-1.11%
LMT	D	-1.1%
VLTO	D	-1.1%
XYL	D	-1.1%
TDG	D	-1.08%
BA	F	-1.08%
AOS	F	-1.06%
SWK	D	-1.01%
EFX	F	-0.94%
HII	D	-0.89%