HWAY vs. BDVG ETF Comparison

Comparison of Themes US Infrastructure ETF (HWAY) to IMGP Berkshire Dividend Growth ETF (BDVG)

HWAY

Themes US Infrastructure ETF

HWAY Description

The index is designed to provide exposure to U.S. companies that have business operations involving the building materials, equipment, logistics, construction, and engineering services used for the development and maintenance of infrastructure projects. It will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.16

Average Daily Volume

392

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BDVG

IMGP Berkshire Dividend Growth ETF

BDVG Description

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its objective by investing at least 80% of its net assets, plus borrowings for investment purposes, in common stocks of U.S. companies that pay dividends annually, with an emphasis on stocks that have a strong track record of paying quarterly dividends or that are expected to increase their dividends over the next one to five years.

Grade (RS Rating)

Last Trade

$12.08

Average Daily Volume

5,726

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HWAY	BDVG
30 Days	7.05%	2.79%
60 Days	9.13%	4.18%
90 Days		5.52%
12 Months		22.95%

4 Overlapping Holdings

Symbol	Grade	Weight in HWAY	Weight in BDVG	Overlap
DE	A	4.18%	1.86%	1.86%
EMR	A	4.96%	2.44%	2.44%
NSC	B	4.21%	3.07%	3.07%
NUE	C	2.47%	3.87%	2.47%

HWAY Overweight 93 Positions Relative to BDVG

Symbol	Grade	Weight
CSX	B	4.32%
UNP	C	4.15%
CAT	B	4.1%
URI	B	3.91%
GWW	B	3.71%
PWR	A	3.43%
FAST	B	3.3%
VMC	B	2.62%
MLM	B	2.52%
WAB	B	2.45%
XYL	D	2.11%
DOV	A	1.95%
EME	C	1.65%
BLDR	D	1.46%
CSL	C	1.44%
STLD	B	1.42%
OC	A	1.21%
IEX	B	1.2%
J	F	1.2%
FIX	A	1.16%
RS	B	1.13%
GGG	B	1.08%
ACM	A	1.02%
POOL	C	0.97%
TTEK	F	0.78%
AA	B	0.78%
MLI	C	0.77%
AIT	A	0.75%
BLD	D	0.74%
FLR	B	0.68%
WCC	B	0.67%
EXP	A	0.67%
DCI	B	0.65%
CRS	A	0.65%
X	C	0.64%
WMS	D	0.63%
CR	A	0.62%
UFPI	B	0.59%
OSK	B	0.54%
ATI	D	0.53%
R	B	0.53%
VMI	B	0.52%
TREX	C	0.52%
CMC	B	0.52%
SSD	D	0.52%
APG	B	0.47%
AZEK	A	0.46%
AGCO	D	0.46%
WTS	B	0.45%
VNT	B	0.44%
ZWS	B	0.43%
SUM	B	0.43%
HRI	B	0.41%
SKY	A	0.41%
DY	D	0.41%
STRL	B	0.41%
CLF	F	0.4%
ACA	A	0.38%
KNF	A	0.38%
BCC	B	0.38%
SWX	B	0.34%
GVA	A	0.32%
ROAD	A	0.29%
MDU	D	0.27%
MSM	C	0.27%
TEX	D	0.26%
VRRM	D	0.26%
NPO	A	0.26%
ATKR	C	0.25%
TRN	C	0.23%
CVCO	A	0.22%
MYRG	B	0.17%
ROCK	C	0.16%
AZZ	B	0.16%
GBX	A	0.15%
ALG	B	0.14%
HEES	B	0.14%
AGX	B	0.13%
HLIO	B	0.12%
APOG	B	0.12%
WS	B	0.11%
DNOW	B	0.11%
LNN	B	0.1%
CENX	B	0.09%
BXC	B	0.09%
NVEE	F	0.09%
KALU	C	0.09%
MRC	B	0.08%
USLM	A	0.07%
TPC	C	0.07%
JBI	F	0.07%
GLDD	B	0.03%
NVRI	F	0.02%

HWAY Underweight 32 Positions Relative to BDVG

Symbol	Grade	Weight
JPM	A	-4.27%
AAPL	C	-4.24%
ABBV	D	-4.2%
MSFT	F	-4.17%
CVX	A	-4.14%
LMT	D	-3.81%
WMT	A	-3.57%
QCOM	F	-3.38%
BAC	A	-3.06%
WM	A	-3.06%
PPL	B	-2.98%
MCD	D	-2.82%
LOW	D	-2.79%
CSCO	B	-2.77%
CB	C	-2.47%
MRK	F	-2.41%
MDLZ	F	-2.4%
PNC	B	-2.28%
KMI	A	-2.06%
HON	B	-1.99%
PG	A	-1.96%
JNJ	D	-1.95%
ABT	B	-1.88%
BMY	B	-1.88%
PEP	F	-1.87%
SCHW	B	-1.74%
MTB	A	-1.71%
EOG	A	-1.43%
GIS	D	-1.39%
WPC	D	-1.37%
PFE	D	-1.06%
HSY	F	-0.84%