GFOF vs. UTES ETF Comparison

Comparison of Grayscale Future of Finance ETF (GFOF) to Reaves Utilities ETF (UTES)

GFOF

Grayscale Future of Finance ETF

GFOF Description

Grayscale Future of Finance ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Grayscale Advisors, LLC and Vident Investment Advisory, LLC. It It invests in the public equity markets across the globe. The fund seeks to invest in securities of companies operating in the enabling of buying, selling, and transacting in digital assets, the development of the infrastructure to create applications utilizing blockchain technology, the supply of infrastructure around the digital asset ecosystem, and the mining of digital assets. The fund invests in growth and value stocks of companies across all market capitalizations. The fund seeks to track the performance of the Bloomberg Grayscale Future of Finance Index, by using full replication technique. Grayscale Future of Finance ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$25.48

Average Daily Volume

2,560

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UTES

Reaves Utilities ETF

UTES Description

ETFis Series Trust I - Reaves Utilities ETF is an exchange traded fund launched and managed by Virtus ETF Advisers LLC. The fund is co-managed by W. H. Reaves & Co., Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the utilities sector. It invests in dividend yielding stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stock picking approach with a focus on factors such as conservative capital structures, solid balance sheets, history of and/or potential for growing earnings and raising dividends, lower-than-market levels of volatility, correlation or similar characteristics earnings and cash flow potential, dividend prospects and tax treatment of dividends, strength of business franchises and estimates of net asset value to create its portfolio. ETFis Series Trust I - Reaves Utilities ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$69.60

Average Daily Volume

81,361

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GFOF	UTES
30 Days	21.68%	3.07%
60 Days	48.17%	7.63%
90 Days	45.80%	20.28%
12 Months	133.89%	57.22%

0 Overlapping Holdings

	Symbol	Grade	Weight in GFOF	Weight in UTES	Overlap

GFOF Overweight 14 Positions Relative to UTES

Symbol	Grade	Weight
COIN	B	9.38%
HOOD	B	7.7%
MARA	B	6.79%
CIFR	C	6.66%
PYPL	B	6.54%
SQ	A	6.35%
WULF	C	5.86%
RIOT	C	5.15%
CLSK	C	4.19%
IREN	C	3.98%
APLD	B	3.59%
BTBT	C	3.01%
CMPO	B	1.74%
CAN	C	1.73%

GFOF Underweight 16 Positions Relative to UTES

Symbol	Grade	Weight
NEE	C	-14.41%
VST	A	-13.81%
CEG	C	-10.62%
SRE	A	-5.08%
ETR	A	-4.74%
PNW	A	-4.63%
PEG	A	-4.51%
PPL	A	-4.4%
ATO	A	-4.39%
XEL	A	-4.26%
PNM	B	-4.21%
IDA	A	-3.87%
NI	A	-3.82%
DTE	C	-3.69%
CMS	C	-2.68%
CNP	A	-1.69%