INFL vs. CWS ETF Comparison

Comparison of Horizon Kinetics Inflation Beneficiaries ETF (INFL) to AdvisorShares Focused Equity ETF (CWS)

INFL

Horizon Kinetics Inflation Beneficiaries ETF

INFL Description

The investment seeks long-term growth of capital in real (inflation-adjusted) terms. The fund is an actively-managed ETF that seeks to achieve its investment objective by investing primarily in the equity securities of domestic and foreign companies that are expected to benefit, either directly or indirectly, from rising prices (inflation). The fund's investments in equity securities are generally expected to include common stock, ownership units of publicly traded MLPs, and units of royalty trusts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.61

Average Daily Volume

82,627

Number of Holdings ^*

16

* may have additional holdings in another (foreign) market

CWS

AdvisorShares Focused Equity ETF

CWS Description

The AdvisorShares Focused Equity ETF seeks long-term capital appreciation. CWS aims to achieve its investment objective by investing primarily in a focused group of U.S. exchange-listed equity securities that the portfolio manager believes have favorable fundamental attributes.

Grade (RS Rating)

Last Trade

$68.41

Average Daily Volume

9,677

Number of Holdings ^*

23

* may have additional holdings in another (foreign) market

Performance

Period	INFL	CWS
30 Days	1.87%	2.11%
60 Days	5.26%	4.93%
90 Days	15.09%	10.04%
12 Months	23.35%	30.56%

1 Overlapping Holdings

	Symbol	Grade	Weight in INFL	Weight in CWS	Overlap
	ICE	C	4.84%	4.28%	4.28%

INFL Overweight 15 Positions Relative to CWS

	Symbol	Grade	Weight
	TPL	C	7.52%
	CACI	B	3.45%
	MMC	C	3.07%
	ADM	D	3.04%
	LNG	D	2.84%
	BG	F	2.7%
	WFG	B	2.35%
	JOE	D	1.53%
	CRL	F	1.07%
	PBT	D	1.04%
	MSB	C	0.94%
	RPRX	C	0.75%
	DMLP	D	0.58%
	SBR	D	0.56%
	SJT	D	0.38%

INFL Underweight 22 Positions Relative to CWS

	Symbol	Grade	Weight
	FICO	B	-5.67%
	HEI	C	-5.07%
	MLR	D	-4.96%
	AFL	A	-4.59%
	APH	C	-4.5%
	MCO	C	-4.31%
	SYK	C	-4.19%
	TMO	B	-4.0%
	ROL	C	-3.94%
	AWK	C	-3.91%
	SLGN	B	-3.9%
	SAIC	C	-3.7%
	OTIS	B	-3.69%
	HSY	D	-3.66%
	INTU	D	-3.6%
	ABT	C	-3.59%
	BR	C	-3.54%
	FDS	C	-3.42%
	AGM	D	-3.36%
	PII	D	-3.11%
	CE	D	-2.88%
	MGRC	D	-2.84%

INFL: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Farm Products Real Estate - General Asset Management Biotechnology Diagnostics & Research Financial Data & Stock Exchanges Information Technology Services Insurance Brokers Lumber & Wood Production Oil & Gas Drilling Oil & Gas Midstream

Keywords: S&P 500 Permian Basin Royalty Trust Royalty Trust Animal Feed Biodiesel Biotechnology Cotton Energy Crops Flour Foods Forestry Meals Natural Gas Oil And Gas Law Oil And Gas Properties Pharmaceutical Physical Objects Soybean Staple Foods Sugarcane

CWS: Top Represented Industries & Keywords

Industries: Business Services Capital Markets Medical Devices Aerospace & Defense Auto Parts Chemicals Confectioners Credit Services Diagnostics & Research Electronic Components Financial Data & Stock Exchanges Information Technology Services Insurance - Life Packaging & Containers Recreational Vehicles Rental & Leasing Services Software - Application Software - Infrastructure Specialty Industrial Machinery Utilities - Regulated Water

Keywords: S&P 500 Cancer Electronics Transport Aerospace Beverage Products Card Processing Chemical Chemical Product Communication Solutions Credit Drink Lab Testing Land Transport Medicine Moody's Analytics Navigation Systems Payment Systems Personal Finance Sanitation