GRID vs. CCSO ETF Comparison

Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to Carbon Collective Climate Solutions U.S. Equity ETF (CCSO)

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$124.56

Average Daily Volume

117,063

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CCSO

Carbon Collective Climate Solutions U.S. Equity ETF

CCSO Description

Tidal ETF Trust II - Carbon Collective Climate Solutions U.S. Equity ETF is an exchange traded fund launched and managed by Toroso Investments, LLC. The fund is co-managed by Carbon Collective Investing, Llc. It invests in public equity markets. The fund invests in stocks of companies operating across industrials, capital goods, electrical equipment, electrical components and equipment, batteries, utilities, independent power and renewable electricity producers, renewable electricity, alternative energy resources, biofuels, water utilities, climate solution companies including alternative refrigerants, biomass power, building automation systems, green utility, waste management, carbon capture and sequestration, plant-based diet companies sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that directly promote environmental responsibility. Tidal ETF Trust II - Carbon Collective Climate Solutions U.S. Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$21.42

Average Daily Volume

2,784

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

Performance

Period	GRID	CCSO
30 Days	-0.30%	4.23%
60 Days	-0.51%	8.37%
90 Days	2.48%	9.93%
12 Months	31.06%	20.90%

11 Overlapping Holdings

Symbol	Grade	Weight in GRID	Weight in CCSO	Overlap
ENPH	F	1.37%	1.04%	1.04%
FLNC	D	0.19%	0.44%	0.19%
ITRI	C	0.77%	0.64%	0.64%
JCI	B	9.12%	5.29%	5.29%
MYRG	B	0.33%	0.29%	0.29%
PLPC	B	0.06%	0.08%	0.06%
PWR	A	4.63%	5.7%	4.63%
SEDG	F	0.11%	0.08%	0.08%
TSLA	B	2.86%	6.8%	2.86%
VMI	B	0.05%	0.84%	0.05%
WLDN	C	0.1%	0.07%	0.07%

GRID Overweight 33 Positions Relative to CCSO

Symbol	Grade	Weight
ETN	A	9.28%
ABBV	F	7.75%
HUBB	B	4.04%
NVDA	B	2.42%
ORCL	A	2.21%
APTV	F	2.07%
NVT	B	1.81%
CSCO	B	1.62%
IBM	C	1.34%
TXN	C	1.31%
QCOM	F	1.27%
HON	C	1.11%
ADI	D	0.74%
GEV	B	0.61%
AEIS	C	0.56%
EMR	B	0.55%
ATKR	D	0.52%
NXPI	D	0.36%
AMSC	B	0.18%
TRMB	B	0.12%
GNRC	C	0.08%
AES	F	0.06%
MTZ	B	0.06%
WCC	B	0.06%
LFUS	D	0.04%
ENS	F	0.03%
BDC	C	0.03%
ACA	A	0.03%
ESE	B	0.02%
DGII	C	0.01%
AZZ	A	0.01%
STM	F	0.01%
EBR	F	0.0%

GRID Underweight 124 Positions Relative to CCSO

Symbol	Grade	Weight
SCCO	F	-4.66%
CARR	C	-4.54%
WM	B	-4.54%
WCN	A	-4.36%
NUE	C	-4.3%
LI	F	-3.07%
ZM	C	-2.99%
LII	A	-2.72%
STLD	B	-2.67%
FSLR	F	-2.58%
OC	A	-2.09%
FIX	A	-1.98%
DOCU	B	-1.97%
XPEV	C	-1.52%
AAON	B	-1.31%
BLD	D	-1.3%
LKQ	F	-1.23%
RIVN	F	-1.23%
AYI	B	-1.22%
NIO	F	-1.2%
WTS	B	-0.87%
SMR	B	-0.84%
CMC	B	-0.84%
BECN	B	-0.83%
CSWI	B	-0.78%
BMI	B	-0.77%
IBP	D	-0.71%
CWEN	C	-0.68%
LCID	F	-0.61%
ORA	B	-0.59%
JOBY	B	-0.49%
TGLS	B	-0.43%
UEC	B	-0.42%
MP	C	-0.39%
HASI	D	-0.39%
DNN	B	-0.34%
AY	A	-0.32%
QS	F	-0.3%
RUN	F	-0.28%
RNW	D	-0.25%
PCT	C	-0.24%
PLUG	F	-0.22%
APOG	C	-0.22%
ACHR	B	-0.19%
NEP	F	-0.18%
AMRC	F	-0.17%
NX	C	-0.17%
LEU	C	-0.15%
JKS	F	-0.15%
DQ	F	-0.15%
ARRY	F	-0.12%
EVEX	D	-0.11%
LQDT	B	-0.1%
ADSE	B	-0.09%
SHLS	F	-0.09%
CSIQ	F	-0.09%
HAIN	D	-0.08%
EAF	C	-0.07%
RERE	C	-0.07%
MNTK	F	-0.07%
RDUS	B	-0.07%
LYTS	B	-0.07%
NVRI	D	-0.07%
AMPS	C	-0.07%
CLNE	F	-0.07%
MTUS	C	-0.07%
NOVA	F	-0.06%
EOSE	D	-0.06%
CHPT	F	-0.06%
OTLY	F	-0.05%
USAP	B	-0.05%
NVX	D	-0.05%
EGHT	B	-0.04%
TMC	F	-0.04%
FREY	B	-0.04%
BYND	F	-0.04%
GEVO	D	-0.04%
NRGV	C	-0.03%
FF	F	-0.03%
KLTR	B	-0.03%
AUDC	D	-0.03%
HDSN	F	-0.03%
SOL	F	-0.02%
QRHC	D	-0.02%
WBX	F	-0.02%
SCWO	F	-0.02%
AMPX	C	-0.02%
NIU	F	-0.02%
BLNK	F	-0.02%
SLDP	F	-0.02%
ORGN	D	-0.02%
PESI	B	-0.02%
LNZA	F	-0.02%
KULR	C	-0.01%
WAVE	B	-0.01%
FTCI	F	-0.01%
FSI	C	-0.01%
LILM	F	-0.01%
LOOP	F	-0.01%
STEM	F	-0.01%
BEEM	F	-0.01%
REFR	D	-0.01%
LEV	F	-0.01%
LSF	C	-0.01%
CBAT	F	-0.01%
ALLG	C	-0.01%
LTBR	C	-0.01%
TPIC	F	-0.01%
SES	F	-0.01%
ULBI	F	-0.01%
VVPR	F	-0.0%
IDEX	F	-0.0%
LEDS	C	-0.0%
HTOO	F	-0.0%
PEV	F	-0.0%
SPI	F	-0.0%
CLRO	F	-0.0%
ADN	C	-0.0%
OESX	F	-0.0%
WWR	D	-0.0%
IPWR	F	-0.0%
BWEN	F	-0.0%
FLUX	F	-0.0%
GOEV	F	-0.0%

GRID: Top Represented Industries & Keywords

Industries: Electronic Components Semiconductors Diversified Industrials Engineering & Construction Scientific & Technical Instruments Communication Equipment Utilities - Renewable Auto Manufacturers Auto Parts Drug Manufacturers - Major Electronics Distribution Industrial Distribution Information Technology Services Infrastructure Operations Metal Fabrication Semiconductor Equipment & Materials Software - Infrastructure Solar Specialty Industrial Machinery Utilities - Diversified