GIAX vs. INTL ETF Comparison

Comparison of Nicholas Global Equity and Income ETF (GIAX) to Main International ETF (INTL)

GIAX

Nicholas Global Equity and Income ETF

GIAX Description

The fund"s strategy includes two components: (i) holding shares of unaffiliated passively managed ETFs that seek to provide exposure to a range of global equity securities ("Index ETFs") and (ii) selling daily index credit call spreads ("Index Call Spreads") on one or more US equity indices. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.94

Average Daily Volume

36,702

Number of Holdings ^*

16

* may have additional holdings in another (foreign) market

INTL

Main International ETF

INTL Description

The fund utilizes a “fund of funds” structure to invest in ETFs that primarily provide exposure to non-U.S. equity securities of companies of any capitalization representing sectors and geographic regions that appear undervalued in comparison to their historical average price. Under normal circumstances, the fund invests at least 50% of its total assets in funds that invest at least 50% of their respective total assets in securities of non-U.S. issuers organized or having their principal place of business outside the U.S.

Grade (RS Rating)

Last Trade

$22.53

Average Daily Volume

15,640

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	GIAX	INTL
30 Days	1.83%	-2.81%
60 Days	3.32%	-2.26%
90 Days	4.25%	-3.66%
12 Months		8.43%

1 Overlapping Holdings

	Symbol	Grade	Weight in GIAX	Weight in INTL	Overlap
	FLIN	D	3.63%	7.67%	3.63%

GIAX Overweight 15 Positions Relative to INTL

	Symbol	Grade	Weight
	VTWO	B	17.06%
	VIG	A	16.21%
	QQQ	B	8.44%
	ARGT	A	4.49%
	FRDM	D	3.2%
	TSM	B	1.97%
	UMC	F	1.56%
	TSLA	B	1.53%
	NVDA	B	1.33%
	AMZN	C	1.3%
	GOOGL	C	1.21%
	META	D	1.21%
	AAPL	C	1.14%
	MSFT	D	1.07%
	PKX	D	0.83%

GIAX Underweight 7 Positions Relative to INTL

	Symbol	Grade	Weight
	FLJP	D	-15.27%
	FLCH	D	-12.94%
	EIS	A	-11.19%
	FLTW	D	-9.95%
	FLKR	F	-8.58%
	SMIN	D	-3.54%
	FLGR	D	-2.86%

GIAX: Top Represented Industries & Keywords

Industries: Semiconductors Internet Content & Information Auto Manufacturers Consumer Electronics Software - Infrastructure Specialty Retail Steel

Keywords: Nasdaq 100 S&P 500 Exchange Traded Fund Computing ETF Dow Jones Component Hyperscale Mobile Devices Operating System Smartphones Software Stock Market Index Work From Home Fabless Semiconductor Companies Index Fund Laptop Computer Online Retail Semiconductor Device Fabrication Advertising Network Advertising Services

INTL: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Ftse Group MSCI EAFE Stock Market Index Ftse 100 Index Ftse China 50 Index Index Numbers Msci International Denmark Gross Index Dkk Real Time Russell Microcap Index Securities Market