ITAN vs. CVMC ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to Morgan Stanley ETF Trust Calvert US Mid-Cap Core Responsible Index ETF (CVMC)

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

CVMC

Morgan Stanley ETF Trust Calvert US Mid-Cap Core Responsible Index ETF

CVMC Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of mid-size companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$60.07

Average Daily Volume

3,905

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	CVMC
30 Days	4.37%	3.24%
60 Days	5.91%	4.74%
90 Days	6.99%	9.32%
12 Months	31.15%	27.05%

3 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in CVMC	Overlap
ADSK	B	0.58%	0.58%	0.58%
ALL	C	0.72%	0.5%	0.5%
IQV	D	0.47%	0.48%	0.47%

ITAN Overweight 147 Positions Relative to CVMC

Symbol	Grade	Weight
AMZN	C	4.74%
META	B	3.06%
ORCL	B	2.71%
CRM	C	2.02%
GOOG	D	1.87%
GOOGL	D	1.87%
IBM	B	1.83%
CSCO	B	1.74%
QCOM	D	1.74%
ACN	C	1.55%
T	B	1.54%
INTC	D	1.41%
PFE	D	1.38%
VZ	A	1.38%
TMUS	B	1.31%
DELL	C	1.23%
RTX	B	1.23%
WFC	D	1.22%
MDT	B	1.21%
HON	C	1.1%
DIS	D	1.08%
TGT	C	1.05%
PYPL	B	1.02%
BA	F	0.99%
CMCSA	C	0.96%
MMM	B	0.95%
BMY	C	0.94%
CVS	D	0.94%
NOC	B	0.93%
COF	B	0.92%
LMT	A	0.9%
GILD	B	0.88%
GM	C	0.86%
CMI	B	0.83%
PANW	D	0.81%
FDX	D	0.8%
F	F	0.78%
HPQ	C	0.76%
SQ	D	0.75%
CTSH	B	0.74%
EBAY	B	0.72%
BDX	D	0.71%
GD	C	0.71%
NXPI	D	0.71%
DASH	B	0.7%
CNC	D	0.69%
JCI	B	0.65%
CHTR	D	0.64%
LHX	C	0.64%
HPE	C	0.62%
WDC	C	0.62%
WDAY	D	0.61%
GLW	B	0.61%
NTAP	D	0.61%
UAL	B	0.58%
SNAP	D	0.57%
DAL	C	0.55%
EXPE	C	0.54%
TEL	D	0.54%
J	A	0.54%
ILMN	D	0.53%
KR	B	0.52%
PRU	C	0.52%
LDOS	A	0.51%
BBY	A	0.51%
BAX	C	0.51%
HUM	F	0.5%
ZBRA	B	0.5%
BAH	B	0.49%
CVNA	B	0.49%
WBD	D	0.48%
ZS	F	0.48%
DD	B	0.47%
DOCU	C	0.47%
UBER	C	0.47%
EA	D	0.47%
CAH	C	0.47%
FFIV	B	0.46%
BIIB	F	0.44%
NTNX	D	0.44%
JNPR	A	0.44%
ZM	C	0.43%
VTRS	D	0.43%
ROK	D	0.42%
CACI	B	0.42%
OKTA	F	0.42%
DGX	B	0.42%
PSTG	F	0.42%
Z	C	0.41%
TRU	B	0.41%
ROKU	D	0.41%
ACM	B	0.41%
JLL	B	0.4%
DVA	B	0.4%
CIEN	B	0.39%
MU	D	0.39%
TWLO	C	0.39%
EMN	B	0.38%
EXAS	D	0.38%
DBX	C	0.38%
JBL	C	0.38%
HAL	F	0.37%
AKAM	D	0.37%
W	C	0.36%
TRMB	C	0.36%
U	D	0.34%
TPR	A	0.33%
AAL	D	0.33%
IP	C	0.33%
LUV	C	0.31%
ACI	F	0.31%
APTV	D	0.31%
SWK	B	0.31%
LYFT	D	0.31%
ALLY	F	0.3%
SWKS	F	0.29%
HAS	B	0.29%
ETSY	D	0.28%
WBA	F	0.28%
ELAN	D	0.28%
WHR	C	0.27%
PARA	D	0.27%
JAZZ	D	0.27%
TAP	D	0.26%
PII	D	0.26%
ARW	B	0.26%
AGCO	D	0.25%
MTCH	C	0.25%
RUN	D	0.25%
DOX	C	0.25%
IVZ	B	0.25%
PATH	D	0.24%
BWA	C	0.24%
DLB	D	0.24%
QRVO	F	0.24%
HRB	C	0.24%
RIVN	F	0.23%
MASI	C	0.23%
MAT	D	0.23%
ALK	B	0.23%
GAP	F	0.22%
BIO	C	0.22%
RHI	D	0.21%
NOV	F	0.21%
FLR	D	0.19%
XRAY	D	0.17%
M	F	0.16%

ITAN Underweight 7 Positions Relative to CVMC

Symbol	Grade	Weight
FTNT	B	-0.52%
BK	B	-0.52%
URI	B	-0.51%
KMB	C	-0.5%
CCI	C	-0.5%
D	C	-0.48%
TTD	B	-0.48%