ITAN vs. HUSV ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to First Trust Horizon Managed Volatility Domestic ETF (HUSV)

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

HUSV

First Trust Horizon Managed Volatility Domestic ETF

HUSV Description

The First Trust Horizon Managed Volatility Domestic ETF is an actively managed exchange-traded fund. The Fund's investment objective is to provide capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in common stocks of domestic companies listed and traded on U.S. national securities exchanges that Horizon Investments, LLC believes exhibit low future expected volatility.

Grade (RS Rating)

Last Trade

$39.34

Average Daily Volume

4,973

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	HUSV
30 Days	5.34%	1.70%
60 Days	7.33%	3.21%
90 Days	9.71%	4.88%
12 Months	31.35%	21.41%

12 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in HUSV	Overlap
BDX	F	0.7%	0.66%	0.66%
CSCO	B	1.78%	2.22%	1.78%
CTSH	B	0.8%	2.07%	0.8%
EA	A	0.53%	1.0%	0.53%
GD	F	0.7%	0.95%	0.7%
HON	B	1.21%	1.34%	1.21%
IBM	C	1.69%	1.67%	1.67%
LMT	D	0.39%	1.87%	0.39%
MDT	D	1.18%	0.65%	0.65%
NOC	D	0.91%	0.71%	0.71%
RTX	C	1.23%	0.91%	0.91%
TMUS	B	1.42%	1.5%	1.42%

ITAN Overweight 139 Positions Relative to HUSV

Symbol	Grade	Weight
AMZN	C	4.86%
META	D	2.87%
ORCL	B	2.31%
CRM	B	2.14%
GOOGL	C	2.09%
GOOG	C	2.09%
ACN	C	1.6%
QCOM	F	1.55%
T	A	1.55%
WFC	A	1.51%
VZ	C	1.3%
PFE	D	1.28%
INTC	D	1.26%
DELL	C	1.11%
DIS	B	1.1%
PYPL	B	1.1%
COF	B	1.09%
CMCSA	B	1.06%
TGT	F	1.03%
BMY	B	1.03%
GM	B	1.0%
BA	F	0.96%
GILD	C	0.92%
CVS	D	0.9%
MMM	D	0.89%
PANW	C	0.89%
SQ	A	0.87%
FDX	B	0.85%
CMI	A	0.84%
F	C	0.82%
LHX	C	0.74%
HPQ	A	0.72%
CHTR	C	0.72%
ALL	A	0.72%
DASH	A	0.71%
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%
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	B	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	B	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 62 Positions Relative to HUSV

Symbol	Grade	Weight
BRK.A	B	-2.53%
RSG	A	-2.48%
MSI	B	-2.45%
PTC	A	-2.41%
MMC	B	-2.33%
KO	D	-2.22%
ROP	B	-2.22%
CL	D	-2.17%
MSFT	F	-2.08%
LIN	D	-2.02%
VRSN	F	-1.9%
ITW	B	-1.85%
L	A	-1.83%
PG	A	-1.81%
TDY	B	-1.81%
FE	C	-1.79%
ATO	A	-1.79%
ICE	C	-1.76%
KMI	A	-1.54%
NI	A	-1.5%
PM	B	-1.43%
PPL	B	-1.43%
KDP	D	-1.37%
JNJ	D	-1.37%
MCD	D	-1.36%
EVRG	A	-1.36%
FI	A	-1.36%
MA	C	-1.33%
ADP	B	-1.33%
V	A	-1.3%
DUK	C	-1.29%
PEP	F	-1.24%
YUM	B	-1.21%
CME	A	-1.2%
MO	A	-1.2%
CMS	C	-1.14%
CTAS	B	-1.12%
COR	B	-1.1%
AVY	D	-1.09%
TJX	A	-1.05%
WTW	B	-1.02%
WMB	A	-1.01%
SPGI	C	-0.92%
ABT	B	-0.89%
WM	A	-0.86%
ED	D	-0.86%
OKE	A	-0.86%
ORLY	B	-0.83%
EQR	B	-0.83%
AVB	B	-0.81%
BSX	B	-0.8%
UNP	C	-0.78%
HOLX	D	-0.77%
WELL	A	-0.73%
HLT	A	-0.66%
O	D	-0.63%
ECL	D	-0.61%
SYK	C	-0.61%
LYB	F	-0.51%
AZO	C	-0.5%
ABBV	D	-0.48%
HD	A	-0.38%