ITAN vs. EQWL ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to PowerShares Russell Top 200 Equal Weight Portfolio (EQWL)

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

$32.05

Average Daily Volume

1,878

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

EQWL

PowerShares Russell Top 200 Equal Weight Portfolio

EQWL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell Top 200 Equal Weight Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the component securities that comprise the underlying index. The underlying index is designed to provide equal-weighted exposure to the securities of the largest 200 companies in the U.S. equity market.

Grade (RS Rating)

Last Trade

$106.55

Average Daily Volume

61,555

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	EQWL
30 Days	5.34%	3.32%
60 Days	7.33%	4.89%
90 Days	9.71%	7.38%
12 Months	31.35%	31.93%

35 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in EQWL	Overlap
ACN	C	1.6%	0.98%	0.98%
AMZN	C	4.86%	1.08%	1.08%
BA	F	0.96%	0.84%	0.84%
BMY	B	1.03%	1.13%	1.03%
CHTR	C	0.72%	1.1%	0.72%
CMCSA	B	1.06%	1.04%	1.04%
COF	B	1.09%	1.25%	1.09%
CRM	B	2.14%	1.24%	1.24%
CSCO	B	1.78%	1.1%	1.1%
CVS	D	0.9%	0.9%	0.9%
DIS	B	1.1%	1.14%	1.1%
F	C	0.82%	0.98%	0.82%
FDX	B	0.85%	0.97%	0.85%
GD	F	0.7%	0.91%	0.7%
GILD	C	0.92%	1.06%	0.92%
GM	B	1.0%	1.18%	1.0%
GOOG	C	2.09%	0.48%	0.48%
GOOGL	C	2.09%	0.58%	0.58%
HON	B	1.21%	1.07%	1.07%
IBM	C	1.69%	0.93%	0.93%
INTC	D	1.26%	1.21%	1.21%
LMT	D	0.39%	0.9%	0.39%
MDT	D	1.18%	0.91%	0.91%
META	D	2.87%	1.04%	1.04%
MMM	D	0.89%	0.94%	0.89%
ORCL	B	2.31%	1.09%	1.09%
PFE	D	1.28%	0.84%	0.84%
PYPL	B	1.1%	1.17%	1.1%
QCOM	F	1.55%	0.93%	0.93%
RTX	C	1.23%	0.95%	0.95%
T	A	1.55%	0.97%	0.97%
TGT	F	1.03%	0.96%	0.96%
TMUS	B	1.42%	1.12%	1.12%
VZ	C	1.3%	0.87%	0.87%
WFC	A	1.51%	1.31%	1.31%

ITAN Overweight 116 Positions Relative to EQWL

Symbol	Grade	Weight
DELL	C	1.11%
NOC	D	0.91%
PANW	C	0.89%
SQ	B	0.87%
CMI	A	0.84%
CTSH	B	0.8%
LHX	C	0.74%
HPQ	B	0.72%
ALL	A	0.72%
DASH	A	0.71%
BDX	F	0.7%
WDAY	B	0.7%
UAL	A	0.7%
JCI	C	0.69%
EBAY	D	0.66%
NXPI	D	0.66%
ADSK	A	0.64%
HPE	B	0.63%
DAL	C	0.6%
NTAP	C	0.6%
GLW	B	0.59%
EXPE	B	0.58%
CVNA	B	0.56%
LDOS	C	0.55%
CNC	D	0.54%
ZM	B	0.54%
ILMN	D	0.54%
WBD	C	0.53%
DOCU	A	0.53%
EA	A	0.53%
CAH	B	0.53%
PRU	A	0.53%
WDC	D	0.53%
HUM	C	0.53%
SNAP	C	0.51%
KR	B	0.51%
ZS	C	0.51%
TWLO	A	0.49%
NTNX	A	0.49%
VTRS	A	0.49%
BAH	F	0.47%
FFIV	B	0.46%
BBY	D	0.46%
IQV	D	0.46%
ZBRA	B	0.46%
J	F	0.45%
ROK	B	0.45%
LH	C	0.45%
OKTA	C	0.44%
BAX	D	0.44%
DD	D	0.44%
DGX	A	0.43%
TRMB	B	0.43%
BIIB	F	0.42%
JNPR	F	0.42%
ACM	A	0.42%
CIEN	B	0.41%
CACI	D	0.41%
PSTG	D	0.39%
ROKU	D	0.39%
AAL	B	0.38%
LUMN	C	0.37%
JLL	D	0.37%
LYFT	C	0.37%
DBX	B	0.37%
JBL	B	0.37%
DVA	B	0.36%
IP	B	0.34%
EMN	D	0.34%
TRU	D	0.34%
TPR	B	0.34%
NWSA	B	0.33%
JAZZ	B	0.32%
SWKS	F	0.32%
AKAM	D	0.32%
ALLY	C	0.32%
TAP	C	0.31%
ELAN	D	0.3%
ACI	C	0.3%
TXT	D	0.3%
SWK	D	0.29%
ETSY	D	0.29%
WBA	F	0.29%
ANF	C	0.28%
G	B	0.28%
PARA	C	0.28%
RIVN	F	0.27%
BIO	D	0.27%
WHR	B	0.27%
HAS	D	0.26%
MASI	A	0.26%
BOX	B	0.26%
EXAS	D	0.26%
FAF	A	0.25%
W	F	0.25%
U	C	0.25%
PATH	C	0.24%
DOX	D	0.24%
ALK	C	0.24%
GAP	C	0.24%
IVZ	B	0.24%
MAT	D	0.24%
UAA	C	0.24%
ARW	D	0.23%
FLS	B	0.23%
MTCH	D	0.23%
BWA	D	0.22%
NOV	C	0.22%
RHI	B	0.22%
HRB	D	0.21%
QRVO	F	0.2%
AGCO	D	0.19%
HOG	D	0.19%
M	D	0.16%
RUN	F	0.14%
XRAY	F	0.13%

ITAN Underweight 66 Positions Relative to EQWL

Symbol	Grade	Weight
TSLA	B	-1.29%
MS	A	-1.28%
SCHW	B	-1.23%
EMR	A	-1.2%
BKNG	A	-1.2%
GS	A	-1.17%
NVDA	C	-1.17%
NFLX	A	-1.14%
BAC	A	-1.13%
C	A	-1.12%
JPM	A	-1.12%
BLK	C	-1.12%
CVX	A	-1.09%
USB	A	-1.07%
BK	A	-1.07%
AXP	A	-1.06%
CAT	B	-1.06%
MET	A	-1.03%
XOM	B	-1.03%
SPG	B	-1.03%
COP	C	-1.03%
HD	A	-1.02%
V	A	-1.02%
INTU	C	-1.02%
LOW	D	-1.0%
MA	C	-1.0%
UPS	C	-0.99%
MO	A	-0.99%
WMT	A	-0.99%
BRK.A	B	-0.99%
TXN	C	-0.98%
AIG	B	-0.98%
PM	B	-0.97%
AVGO	D	-0.97%
AAPL	C	-0.97%
MCD	D	-0.96%
COST	B	-0.96%
UNH	C	-0.95%
GE	D	-0.95%
DE	A	-0.95%
SBUX	A	-0.95%
ABT	B	-0.94%
ADBE	C	-0.94%
MSFT	F	-0.94%
SO	D	-0.92%
LIN	D	-0.92%
NKE	D	-0.91%
PG	A	-0.91%
UNP	C	-0.9%
DUK	C	-0.89%
PEP	F	-0.88%
AMD	F	-0.87%
JNJ	D	-0.87%
KHC	F	-0.85%
DOW	F	-0.84%
NEE	D	-0.84%
AMGN	D	-0.84%
MDLZ	F	-0.83%
TMO	F	-0.83%
KO	D	-0.83%
DHR	F	-0.83%
ABBV	D	-0.83%
CL	D	-0.82%
LLY	F	-0.81%
MRK	F	-0.8%
AMT	D	-0.77%