ITAN vs. CRTC ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to Xtrackers US National Critical Technologies ETF (CRTC)

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$30.26

Average Daily Volume

5,902

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

CRTC

Xtrackers US National Critical Technologies ETF

CRTC Description

CRTC tracks an index of large- and mid-cap companies considered to support critical emerging technologies to the US and its allies. Companies must be associated with one of 14 critical technology sectors and pose low geopolitical risk. Critical technology sectors are determined by a division of the US DoD and include biotechnology, quantum science, wireless tech, advanced materials, advanced computing or software, directed or renewable energy, human-machine interfaces, hypersonics, integration of systems, integrated sensing and cyber, microelectronics, space technology, AI and autonomy. A model developed by J.H. Whitney aims to quantify the level of entanglement that companies share with nation-states defined as adversarial to the US. Companies with a lower geostrategic risk rating are considered. A selection party determines the index holdings on the last Thursday of January, April, July, and October. Holdings are market cap weighted. Rebalance occurs ten days after the selection date.

Grade (RS Rating)

Last Trade

$31.31

Average Daily Volume

3,441

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	CRTC
30 Days	4.37%	1.63%
60 Days	5.91%	3.89%
90 Days	6.99%	2.86%
12 Months	31.15%

3 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in CRTC	Overlap
AMZN	C	4.66%	4.65%	4.65%
CRM	C	1.89%	1.63%	1.63%
GOOGL	D	1.88%	4.7%	1.88%

ITAN Overweight 147 Positions Relative to CRTC

Symbol	Grade	Weight
META	B	2.94%
ORCL	B	2.72%
GOOG	D	1.87%
IBM	B	1.81%
QCOM	D	1.77%
CSCO	B	1.69%
ACN	C	1.57%
T	B	1.57%
PFE	D	1.44%
VZ	A	1.38%
TMUS	B	1.28%
INTC	D	1.26%
WFC	D	1.25%
MDT	B	1.22%
RTX	B	1.22%
DELL	C	1.2%
DIS	D	1.09%
HON	C	1.08%
TGT	C	1.06%
BA	F	1.03%
PYPL	B	0.98%
MMM	B	0.95%
BMY	C	0.95%
CVS	D	0.95%
CMCSA	C	0.95%
GM	C	0.93%
COF	B	0.93%
NOC	B	0.93%
FDX	D	0.92%
GILD	B	0.91%
LMT	A	0.9%
F	F	0.83%
PANW	D	0.8%
CMI	B	0.8%
SQ	D	0.78%
CTSH	B	0.75%
HPQ	C	0.74%
ALL	C	0.73%
NXPI	D	0.72%
CNC	D	0.72%
EBAY	B	0.72%
GD	C	0.72%
BDX	D	0.71%
CHTR	D	0.7%
DASH	B	0.66%
LHX	C	0.64%
WDAY	D	0.63%
JCI	B	0.63%
NTAP	D	0.61%
WDC	C	0.61%
GLW	B	0.6%
UAL	B	0.58%
HPE	C	0.58%
ADSK	B	0.58%
ILMN	D	0.56%
TEL	D	0.55%
DAL	C	0.54%
EXPE	C	0.53%
SNAP	D	0.53%
PRU	C	0.53%
BAX	C	0.53%
J	A	0.52%
BBY	A	0.52%
HUM	F	0.51%
KR	B	0.51%
WBD	D	0.5%
IQV	D	0.5%
LDOS	A	0.5%
ZBRA	B	0.49%
CAH	C	0.49%
BAH	B	0.48%
ZS	F	0.48%
EA	D	0.47%
CVNA	B	0.47%
DD	B	0.46%
BIIB	F	0.46%
VTRS	D	0.46%
JNPR	A	0.45%
FFIV	B	0.45%
UBER	C	0.45%
DOCU	C	0.44%
ROK	D	0.43%
ROKU	D	0.43%
DGX	B	0.43%
CACI	B	0.42%
OKTA	F	0.42%
PSTG	F	0.42%
ZM	C	0.42%
DVA	B	0.41%
NTNX	D	0.41%
ACM	B	0.4%
TRU	B	0.4%
Z	C	0.4%
TWLO	C	0.39%
JLL	B	0.39%
EXAS	D	0.39%
DBX	C	0.38%
JBL	C	0.37%
EMN	B	0.37%
HAL	F	0.37%
W	C	0.36%
TRMB	C	0.36%
MU	D	0.36%
CIEN	B	0.36%
AKAM	D	0.36%
IP	C	0.35%
AAL	D	0.34%
TPR	A	0.32%
ACI	F	0.32%
SWK	B	0.32%
LUV	C	0.32%
U	D	0.32%
ELAN	D	0.31%
APTV	D	0.31%
WBA	F	0.31%
HAS	B	0.3%
ALLY	F	0.3%
LYFT	D	0.29%
SWKS	F	0.29%
JAZZ	D	0.28%
ETSY	D	0.28%
RUN	D	0.28%
ARW	B	0.27%
WHR	C	0.27%
PII	D	0.27%
RIVN	F	0.27%
PARA	D	0.27%
DOX	C	0.26%
TAP	D	0.26%
MTCH	C	0.25%
AGCO	D	0.25%
IVZ	B	0.25%
PATH	D	0.24%
QRVO	F	0.24%
BIO	C	0.24%
MAT	D	0.24%
HRB	C	0.24%
BWA	C	0.23%
DLB	D	0.23%
GAP	F	0.22%
ALK	B	0.22%
NOV	F	0.22%
FLR	D	0.2%
MASI	C	0.2%
RHI	D	0.2%
XRAY	D	0.18%
M	F	0.16%

ITAN Underweight 7 Positions Relative to CRTC

Symbol	Grade	Weight
NVDA	C	-5.09%
MSFT	C	-4.8%
XOM	D	-3.56%
ABBV	B	-2.32%
CVX	F	-1.83%
ADBE	F	-1.69%
TMO	B	-1.57%