GUNZ vs. SPAM ETF Comparison

Comparison of Tuttle Capital Self Defense Index ETF (GUNZ) to Themes Cybersecurity ETF (SPAM)

GUNZ

Tuttle Capital Self Defense Index ETF

GUNZ Description

GUNZ is the first ETF that seeks to offer a values-driven focus on US self-defense products and services. From a starting universe of US-listed stocks, the fund considers companies involved in the manufacture, service, supply, and distribution of personal and law enforcement defense equipment and protection services. To qualify, a company should be engaged in any of the following categories: (1) the manufacture, wholesale, or retail of firearms, ammunition, gun parts, or other personal and law enforcement defense equipment or (2) the manufacture of home security equipment or development of video surveillance and emergency management systems. The company selects stocks that meet market-cap and liquidity requirements. The portfolio is then weighted equally. The index is rebalanced and reconstituted on the last business day of every quarter.

Grade (RS Rating)

Last Trade

$28.19

Average Daily Volume

231

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPAM

Themes Cybersecurity ETF

SPAM Description

The index is designed to provide exposure to companies that have business operations in the cybersecurity industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.13

Average Daily Volume

516

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GUNZ	SPAM
30 Days	3.78%	-1.37%
60 Days	5.42%	3.29%
90 Days		3.97%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in GUNZ	Weight in SPAM	Overlap
	ALRM	C	5.7%	4.96%	4.96%

GUNZ Overweight 17 Positions Relative to SPAM

Symbol	Grade	Weight
PLTR	B	8.42%
AXON	A	7.97%
REZI	A	6.83%
JCI	B	6.07%
TDY	B	5.61%
ADTN	B	5.5%
OSIS	A	5.42%
ARLO	C	5.1%
ALLE	D	5.09%
SWBI	D	5.07%
OLN	F	5.01%
NSSC	F	4.84%
RGR	F	4.77%
FBIN	D	4.6%
BGFV	F	4.49%
ASO	F	4.29%
POWW	F	4.04%

GUNZ Underweight 20 Positions Relative to SPAM

Symbol	Grade	Weight
QLYS	C	-5.43%
FTNT	B	-5.34%
CRWD	B	-5.06%
ZS	C	-4.96%
BAH	F	-4.86%
S	C	-4.78%
CACI	D	-4.76%
PANW	A	-4.75%
RPD	C	-4.55%
CYBR	A	-4.51%
OKTA	D	-4.46%
TENB	D	-4.41%
VRNS	D	-3.86%
CHKP	C	-3.79%
YOU	D	-3.57%
ATEN	A	-2.93%
RDWR	B	-1.91%
OSPN	A	-1.51%
CHGX	B	-0.69%
FSLY	F	-0.43%