ITAN vs. IWX ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to iShares Russell Top 200 Value ETF (IWX)

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

$32.40

Average Daily Volume

1,894

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

IWX

iShares Russell Top 200 Value ETF

IWX Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200 Value Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization value sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.72

Average Daily Volume

317,815

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	IWX
30 Days	6.24%	4.31%
60 Days	7.16%	4.99%
90 Days	11.18%	6.86%
12 Months	32.36%	28.58%

34 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in IWX	Overlap
ACN	B	1.58%	1.34%	1.34%
BA	D	1.03%	0.49%	0.49%
BDX	F	0.69%	0.39%	0.39%
BMY	B	1.04%	0.69%	0.69%
CMCSA	C	1.07%	0.99%	0.99%
COF	B	1.08%	0.42%	0.42%
CRM	B	2.09%	0.28%	0.28%
CSCO	A	1.77%	1.4%	1.4%
CVS	D	0.96%	0.4%	0.4%
DASH	A	0.71%	0.04%	0.04%
DELL	C	1.13%	0.18%	0.18%
DIS	B	1.25%	1.27%	1.25%
F	C	0.81%	0.26%	0.26%
FDX	B	0.86%	0.4%	0.4%
GD	F	0.64%	0.47%	0.47%
GILD	B	0.9%	0.66%	0.66%
GM	B	0.97%	0.38%	0.38%
HON	B	1.21%	0.76%	0.76%
IBM	C	1.76%	1.13%	1.13%
INTC	C	1.25%	0.62%	0.62%
JCI	C	0.68%	0.34%	0.34%
LMT	D	0.38%	0.47%	0.38%
MDT	D	1.15%	0.68%	0.68%
MMM	D	0.88%	0.35%	0.35%
NOC	D	0.88%	0.41%	0.41%
PFE	D	1.32%	0.85%	0.85%
PYPL	A	1.09%	0.53%	0.53%
QCOM	F	1.53%	0.07%	0.07%
RTX	D	1.22%	0.95%	0.95%
T	A	1.63%	0.98%	0.98%
TGT	F	0.83%	0.42%	0.42%
TMUS	A	1.43%	0.69%	0.69%
VZ	B	1.36%	1.06%	1.06%
WFC	A	1.56%	1.57%	1.56%

ITAN Overweight 117 Positions Relative to IWX

Symbol	Grade	Weight
AMZN	C	4.72%
META	D	2.91%
ORCL	C	2.38%
GOOG	C	2.11%
GOOGL	C	2.11%
SQ	B	0.94%
PANW	C	0.89%
CMI	A	0.85%
CTSH	B	0.77%
UAL	B	0.76%
HPQ	B	0.74%
ALL	B	0.74%
CHTR	C	0.71%
LHX	C	0.71%
NXPI	D	0.67%
WDAY	C	0.67%
EBAY	C	0.66%
NTAP	C	0.64%
ADSK	B	0.64%
HPE	B	0.63%
DAL	B	0.61%
GLW	B	0.6%
EXPE	B	0.59%
CVNA	B	0.58%
HUM	C	0.56%
CNC	F	0.56%
WBD	C	0.55%
EA	C	0.55%
WDC	C	0.55%
PRU	A	0.54%
CAH	B	0.52%
DOCU	A	0.52%
KR	A	0.51%
VTRS	B	0.51%
ZM	B	0.51%
SNAP	C	0.5%
ZS	C	0.5%
ILMN	C	0.5%
TWLO	B	0.49%
NTNX	B	0.48%
LDOS	D	0.47%
FFIV	A	0.46%
DD	D	0.45%
ROK	B	0.45%
BBY	D	0.45%
ZBRA	A	0.45%
BAX	F	0.45%
DGX	B	0.44%
LH	B	0.44%
TRMB	B	0.43%
IQV	F	0.43%
OKTA	C	0.42%
ACM	A	0.42%
J	F	0.41%
PSTG	D	0.4%
BIIB	F	0.4%
AAL	B	0.4%
JNPR	F	0.4%
BAH	F	0.4%
CIEN	B	0.39%
DVA	B	0.38%
EXAS	F	0.38%
TPR	A	0.38%
JLL	B	0.37%
ROKU	D	0.37%
DBX	C	0.37%
JBL	C	0.37%
LYFT	C	0.36%
IP	B	0.36%
EMN	D	0.35%
CACI	D	0.35%
NWSA	B	0.34%
AKAM	F	0.33%
SWKS	F	0.33%
TRU	D	0.33%
LUMN	C	0.32%
ALLY	C	0.32%
ACI	C	0.31%
JAZZ	B	0.3%
TAP	C	0.3%
ELAN	F	0.29%
SWK	D	0.29%
TXT	D	0.29%
U	C	0.29%
PARA	C	0.28%
ANF	C	0.28%
ETSY	D	0.28%
G	B	0.28%
W	D	0.28%
WBA	D	0.27%
MASI	A	0.27%
WHR	B	0.27%
BOX	A	0.26%
HAS	D	0.26%
FAF	B	0.26%
BIO	D	0.25%
ALK	A	0.25%
MTCH	F	0.24%
FLS	A	0.24%
MAT	D	0.24%
IVZ	B	0.24%
GAP	C	0.23%
RIVN	D	0.23%
NOV	C	0.23%
UAA	C	0.23%
PATH	C	0.23%
DOX	D	0.23%
ARW	D	0.23%
RHI	C	0.22%
BWA	C	0.22%
HRB	D	0.21%
AGCO	D	0.2%
HOG	F	0.2%
QRVO	F	0.2%
M	D	0.16%
RUN	F	0.14%
XRAY	F	0.14%

ITAN Underweight 124 Positions Relative to IWX

Symbol	Grade	Weight
BRK.A	B	-5.18%
JPM	B	-4.24%
XOM	C	-3.23%
UNH	B	-3.06%
JNJ	D	-2.24%
WMT	B	-2.2%
BAC	A	-1.91%
PG	A	-1.87%
CVX	B	-1.68%
LIN	D	-1.3%
ABT	B	-1.21%
PM	B	-1.2%
MCD	D	-1.19%
TMO	F	-1.18%
ABBV	D	-1.0%
TXN	D	-0.97%
CAT	B	-0.97%
NEE	D	-0.95%
SPGI	C	-0.95%
LOW	C	-0.93%
BLK	C	-0.93%
GE	D	-0.91%
DHR	D	-0.9%
MS	B	-0.88%
ETN	A	-0.86%
GS	B	-0.83%
COP	D	-0.79%
C	A	-0.79%
BSX	C	-0.77%
CB	D	-0.7%
SCHW	A	-0.65%
MU	D	-0.64%
PLD	D	-0.63%
ADI	D	-0.62%
KO	D	-0.62%
DE	B	-0.61%
AXP	A	-0.61%
SYK	C	-0.6%
UPS	C	-0.59%
MO	A	-0.58%
SO	D	-0.58%
MMC	A	-0.57%
PH	A	-0.54%
GEV	C	-0.54%
ICE	D	-0.53%
MDLZ	F	-0.52%
DUK	C	-0.52%
PNC	A	-0.5%
FI	A	-0.5%
EQIX	A	-0.49%
CME	A	-0.49%
CI	D	-0.49%
HD	A	-0.49%
WELL	C	-0.49%
EOG	C	-0.47%
USB	A	-0.47%
ELV	F	-0.47%
AMD	F	-0.45%
AON	A	-0.45%
UNP	C	-0.45%
REGN	F	-0.44%
EMR	A	-0.44%
APD	A	-0.43%
KKR	B	-0.43%
MRVL	B	-0.42%
CRH	A	-0.41%
CSX	B	-0.41%
CARR	C	-0.38%
MAR	A	-0.38%
TT	B	-0.37%
FCX	F	-0.37%
SLB	C	-0.37%
TFC	B	-0.37%
NSC	A	-0.36%
CEG	D	-0.36%
TRV	B	-0.36%
VRTX	D	-0.36%
PCAR	B	-0.35%
ROP	B	-0.35%
SRE	A	-0.35%
TDG	D	-0.33%
PSX	C	-0.33%
MPC	F	-0.33%
TJX	A	-0.33%
AEP	D	-0.31%
MET	A	-0.3%
AIG	B	-0.3%
ITW	A	-0.3%
D	C	-0.29%
HCA	F	-0.29%
PEP	F	-0.28%
NEM	F	-0.28%
VLO	C	-0.27%
MCK	C	-0.27%
PSA	C	-0.27%
MSI	C	-0.26%
RSG	A	-0.26%
STZ	D	-0.23%
CL	D	-0.21%
APH	B	-0.21%
NKE	F	-0.21%
KDP	D	-0.21%
EW	C	-0.2%
OXY	F	-0.2%
AMGN	D	-0.2%
KHC	D	-0.17%
KMB	C	-0.16%
SBUX	B	-0.15%
PGR	A	-0.14%
APO	A	-0.13%
ZTS	D	-0.08%
FTNT	C	-0.07%
AMAT	F	-0.07%
MRNA	F	-0.07%
EL	F	-0.06%
BKNG	B	-0.06%
ECL	D	-0.05%
SHW	A	-0.05%
ADP	B	-0.05%
MNST	B	-0.04%
AZO	C	-0.03%
ORLY	B	-0.03%
CPRT	A	-0.02%
CTAS	B	-0.02%