ITAN vs. FXR ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to First Trust Industrials AlphaDEX (FXR)

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

FXR

First Trust Industrials AlphaDEX

FXR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Industrials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the industrials and producer durables sectors that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.15

Average Daily Volume

33,507

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	FXR
30 Days	5.34%	7.85%
60 Days	7.33%	9.12%
90 Days	9.71%	12.26%
12 Months	31.35%	40.52%

19 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in FXR	Overlap
AGCO	D	0.2%	0.85%	0.2%
BAH	F	0.4%	0.86%	0.4%
CMI	A	0.85%	0.51%	0.51%
COF	B	1.08%	0.86%	0.86%
FDX	B	0.86%	0.96%	0.86%
FLS	B	0.24%	0.26%	0.24%
G	B	0.28%	1.35%	0.28%
GD	F	0.64%	0.44%	0.44%
HON	B	1.21%	0.25%	0.25%
J	F	0.41%	0.48%	0.41%
LHX	C	0.71%	0.24%	0.24%
LMT	D	0.38%	1.08%	0.38%
MMM	D	0.88%	0.87%	0.87%
PYPL	B	1.09%	0.5%	0.5%
RHI	B	0.22%	0.5%	0.22%
SQ	B	0.94%	0.56%	0.56%
TRU	D	0.33%	0.86%	0.33%
TXT	D	0.29%	0.88%	0.29%
ZBRA	B	0.45%	0.75%	0.45%

ITAN Overweight 132 Positions Relative to FXR

Symbol	Grade	Weight
AMZN	C	4.72%
META	D	2.91%
ORCL	B	2.38%
GOOG	C	2.11%
GOOGL	C	2.11%
CRM	B	2.09%
CSCO	B	1.77%
IBM	C	1.76%
T	A	1.63%
ACN	C	1.58%
WFC	A	1.56%
QCOM	F	1.53%
TMUS	B	1.43%
VZ	C	1.36%
PFE	D	1.32%
DIS	B	1.25%
INTC	D	1.25%
RTX	C	1.22%
MDT	D	1.15%
DELL	C	1.13%
CMCSA	B	1.07%
BMY	B	1.04%
BA	F	1.03%
GM	B	0.97%
CVS	D	0.96%
GILD	C	0.9%
PANW	C	0.89%
NOC	D	0.88%
TGT	F	0.83%
F	C	0.81%
CTSH	B	0.77%
UAL	A	0.76%
HPQ	B	0.74%
ALL	A	0.74%
CHTR	C	0.71%
DASH	A	0.71%
BDX	F	0.69%
JCI	C	0.68%
NXPI	D	0.67%
WDAY	B	0.67%
EBAY	D	0.66%
NTAP	C	0.64%
ADSK	A	0.64%
HPE	B	0.63%
DAL	C	0.61%
GLW	B	0.6%
EXPE	B	0.59%
CVNA	B	0.58%
HUM	C	0.56%
CNC	D	0.56%
WBD	C	0.55%
EA	A	0.55%
WDC	D	0.55%
PRU	A	0.54%
CAH	B	0.52%
DOCU	A	0.52%
KR	B	0.51%
VTRS	A	0.51%
ZM	B	0.51%
SNAP	C	0.5%
ZS	C	0.5%
ILMN	D	0.5%
TWLO	A	0.49%
NTNX	A	0.48%
LDOS	C	0.47%
FFIV	B	0.46%
DD	D	0.45%
ROK	B	0.45%
BBY	D	0.45%
BAX	D	0.45%
DGX	A	0.44%
LH	C	0.44%
TRMB	B	0.43%
IQV	D	0.43%
OKTA	C	0.42%
ACM	A	0.42%
PSTG	D	0.4%
BIIB	F	0.4%
AAL	B	0.4%
JNPR	F	0.4%
CIEN	B	0.39%
DVA	B	0.38%
EXAS	D	0.38%
TPR	B	0.38%
JLL	D	0.37%
ROKU	D	0.37%
DBX	B	0.37%
JBL	B	0.37%
LYFT	C	0.36%
IP	B	0.36%
EMN	D	0.35%
CACI	D	0.35%
NWSA	B	0.34%
AKAM	D	0.33%
SWKS	F	0.33%
LUMN	C	0.32%
ALLY	C	0.32%
ACI	C	0.31%
JAZZ	B	0.3%
TAP	C	0.3%
ELAN	D	0.29%
SWK	D	0.29%
U	C	0.29%
PARA	C	0.28%
ANF	C	0.28%
ETSY	D	0.28%
W	F	0.28%
WBA	F	0.27%
MASI	A	0.27%
WHR	B	0.27%
BOX	B	0.26%
HAS	D	0.26%
FAF	A	0.26%
BIO	D	0.25%
ALK	C	0.25%
MTCH	D	0.24%
MAT	D	0.24%
IVZ	B	0.24%
GAP	C	0.23%
RIVN	F	0.23%
NOV	C	0.23%
UAA	C	0.23%
PATH	C	0.23%
DOX	D	0.23%
ARW	D	0.23%
BWA	D	0.22%
HRB	D	0.21%
HOG	D	0.2%
QRVO	F	0.2%
M	D	0.16%
RUN	F	0.14%
XRAY	F	0.14%

ITAN Underweight 118 Positions Relative to FXR

Symbol	Grade	Weight
AXON	A	-1.77%
SYF	B	-1.52%
WCC	B	-1.45%
AAON	B	-1.44%
SNA	A	-1.44%
FICO	B	-1.4%
MDU	D	-1.38%
PCAR	B	-1.36%
EME	C	-1.35%
GPN	B	-1.33%
FIX	A	-1.32%
HWM	A	-1.32%
OSK	B	-1.3%
FOUR	B	-1.3%
OC	A	-1.29%
AL	B	-1.27%
PWR	A	-1.27%
HEI	B	-1.24%
AXP	A	-1.24%
URI	B	-1.23%
TT	A	-1.23%
LPX	B	-1.22%
CNH	C	-1.12%
ALSN	B	-1.1%
SON	D	-1.08%
GTES	A	-1.07%
GNRC	B	-1.06%
FI	A	-1.06%
VNT	B	-1.04%
R	B	-1.03%
TTEK	F	-1.02%
MLM	B	-0.99%
SNDR	B	-0.97%
EXP	A	-0.96%
CTAS	B	-0.95%
ADTN	A	-0.93%
MSM	C	-0.9%
CSL	C	-0.9%
CXT	B	-0.89%
BERY	B	-0.88%
GPK	C	-0.87%
BC	C	-0.87%
VSTS	C	-0.86%
TDG	D	-0.85%
GE	D	-0.85%
AYI	B	-0.84%
BLDR	D	-0.84%
BWXT	B	-0.83%
AWI	A	-0.82%
PKG	A	-0.77%
TDY	B	-0.76%
JBHT	C	-0.75%
NVT	B	-0.74%
DOV	A	-0.74%
KEX	C	-0.74%
KNX	B	-0.73%
DCI	B	-0.73%
LII	A	-0.72%
SLGN	A	-0.72%
EEFT	B	-0.72%
CSX	B	-0.72%
SHW	A	-0.71%
CAT	B	-0.69%
MIDD	C	-0.68%
HII	D	-0.67%
SSD	D	-0.67%
DE	A	-0.66%
VLTO	D	-0.65%
SPR	D	-0.65%
EFX	F	-0.63%
BLD	D	-0.63%
WU	D	-0.62%
SAIA	B	-0.56%
ESAB	B	-0.54%
GXO	B	-0.52%
GWW	B	-0.51%
LECO	B	-0.49%
PNR	A	-0.49%
ATR	B	-0.49%
IEX	B	-0.48%
AZEK	A	-0.45%
UPS	C	-0.44%
SEE	C	-0.44%
CNM	D	-0.43%
TTC	D	-0.43%
FTV	C	-0.43%
CARR	D	-0.42%
PPG	F	-0.42%
AMCR	D	-0.41%
FCN	D	-0.39%
ATI	D	-0.38%
AOS	F	-0.37%
DOW	F	-0.37%
WMS	D	-0.37%
EMR	A	-0.27%
ADP	B	-0.25%
CW	B	-0.25%
PH	A	-0.25%
AXTA	A	-0.25%
RPM	A	-0.25%
AME	A	-0.25%
VMC	B	-0.25%
WAB	B	-0.24%
WWD	B	-0.23%
ITT	A	-0.23%
GGG	B	-0.23%
UNP	C	-0.22%
KEYS	A	-0.22%
ALLE	D	-0.22%
MSA	D	-0.22%
JKHY	D	-0.22%
NDSN	B	-0.22%
LSTR	D	-0.22%
BALL	D	-0.21%
EXPD	D	-0.21%
LFUS	F	-0.21%
MAS	D	-0.21%
FBIN	D	-0.19%