ITAN vs. OUSA ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to O'Shares FTSE U.S. Quality Dividend ETF (OUSA)

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

$31.38

Average Daily Volume

5,598

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

OUSA

O'Shares FTSE U.S. Quality Dividend ETF

OUSA Description

The investment seeks to track the performance (before fees and expenses) of its target index, the FTSE US Qual / Vol / Yield Factor 5% Capped Index (the "target index"). The U.S. target index is designed to measure the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in the United States that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by FTSE-Russell (the "index provider"). Under normal market conditions, the fund will invest at least 80% of its total assets in the components of the U.S. target index.

Grade (RS Rating)

Last Trade

$53.90

Average Daily Volume

35,964

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	OUSA
30 Days	1.37%	-1.41%
60 Days	6.70%	1.16%
90 Days	9.83%	4.82%
12 Months	31.00%	25.08%

22 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in OUSA	Overlap
ACN	C	1.6%	2.79%	1.6%
CMCSA	B	1.06%	3.82%	1.06%
CMI	A	0.84%	0.15%	0.15%
CSCO	B	1.78%	3.07%	1.78%
CTSH	B	0.8%	0.41%	0.41%
EA	A	0.53%	0.54%	0.53%
EBAY	D	0.66%	0.33%	0.33%
GD	D	0.7%	0.33%	0.33%
GILD	B	0.92%	0.21%	0.21%
GOOGL	B	2.09%	4.1%	2.09%
HON	A	1.21%	0.67%	0.67%
IBM	D	1.69%	0.57%	0.57%
KR	B	0.51%	0.08%	0.08%
LMT	D	0.39%	1.09%	0.39%
MDT	D	1.18%	0.29%	0.29%
NOC	D	0.91%	0.14%	0.14%
ORCL	A	2.31%	0.68%	0.68%
QCOM	F	1.55%	0.66%	0.66%
T	A	1.55%	0.74%	0.74%
TGT	D	1.03%	0.1%	0.1%
TMUS	A	1.42%	1.03%	1.03%
VZ	C	1.3%	0.71%	0.71%

ITAN Overweight 129 Positions Relative to OUSA

Symbol	Grade	Weight
AMZN	B	4.86%
META	C	2.87%
CRM	A	2.14%
GOOG	B	2.09%
WFC	A	1.51%
PFE	F	1.28%
INTC	C	1.26%
RTX	D	1.23%
DELL	C	1.11%
DIS	A	1.1%
PYPL	A	1.1%
COF	A	1.09%
BMY	B	1.03%
GM	A	1.0%
BA	F	0.96%
CVS	F	0.9%
MMM	D	0.89%
PANW	B	0.89%
SQ	A	0.87%
FDX	A	0.85%
F	C	0.82%
LHX	B	0.74%
HPQ	B	0.72%
CHTR	B	0.72%
ALL	A	0.72%
DASH	B	0.71%
BDX	F	0.7%
WDAY	B	0.7%
UAL	A	0.7%
JCI	A	0.69%
NXPI	F	0.66%
ADSK	B	0.64%
HPE	B	0.63%
DAL	A	0.6%
NTAP	D	0.6%
GLW	B	0.59%
EXPE	A	0.58%
CVNA	A	0.56%
LDOS	C	0.55%
CNC	F	0.54%
ZM	B	0.54%
ILMN	C	0.54%
WBD	B	0.53%
DOCU	A	0.53%
CAH	B	0.53%
PRU	A	0.53%
WDC	F	0.53%
HUM	F	0.53%
SNAP	D	0.51%
ZS	B	0.51%
TWLO	A	0.49%
NTNX	A	0.49%
VTRS	A	0.49%
BAH	D	0.47%
FFIV	B	0.46%
BBY	C	0.46%
IQV	F	0.46%
ZBRA	B	0.46%
J	D	0.45%
ROK	A	0.45%
LH	B	0.45%
OKTA	D	0.44%
BAX	F	0.44%
DD	D	0.44%
DGX	A	0.43%
TRMB	A	0.43%
BIIB	F	0.42%
JNPR	D	0.42%
ACM	B	0.42%
CIEN	B	0.41%
CACI	C	0.41%
PSTG	F	0.39%
ROKU	D	0.39%
AAL	B	0.38%
LUMN	C	0.37%
JLL	C	0.37%
LYFT	B	0.37%
DBX	C	0.37%
JBL	C	0.37%
DVA	C	0.36%
IP	A	0.34%
EMN	C	0.34%
TRU	D	0.34%
TPR	A	0.34%
NWSA	B	0.33%
JAZZ	A	0.32%
SWKS	F	0.32%
AKAM	F	0.32%
ALLY	C	0.32%
TAP	A	0.31%
ELAN	C	0.3%
ACI	C	0.3%
TXT	D	0.3%
SWK	F	0.29%
ETSY	D	0.29%
WBA	F	0.29%
ANF	C	0.28%
G	A	0.28%
PARA	C	0.28%
RIVN	F	0.27%
BIO	C	0.27%
WHR	A	0.27%
HAS	D	0.26%
MASI	A	0.26%
BOX	B	0.26%
EXAS	F	0.26%
FAF	C	0.25%
W	F	0.25%
U	F	0.25%
PATH	D	0.24%
DOX	D	0.24%
ALK	A	0.24%
GAP	C	0.24%
IVZ	B	0.24%
MAT	C	0.24%
UAA	B	0.24%
ARW	D	0.23%
FLS	A	0.23%
MTCH	F	0.23%
BWA	A	0.22%
NOV	D	0.22%
RHI	B	0.22%
HRB	D	0.21%
QRVO	F	0.2%
AGCO	D	0.19%
HOG	D	0.19%
M	C	0.16%
RUN	F	0.14%
XRAY	F	0.13%

ITAN Underweight 76 Positions Relative to OUSA

Symbol	Grade	Weight
V	A	-5.2%
HD	A	-5.17%
AAPL	C	-4.95%
MSFT	D	-4.83%
JNJ	D	-4.28%
MRK	F	-4.09%
MA	A	-3.87%
MCD	D	-3.34%
TXN	C	-2.52%
PG	C	-2.5%
MMC	C	-2.18%
UNH	B	-1.88%
ABT	B	-1.46%
LOW	A	-1.45%
TJX	A	-1.34%
ITW	B	-1.33%
CTAS	B	-1.12%
ABBV	F	-1.04%
LLY	F	-0.96%
FAST	B	-0.86%
COST	B	-0.82%
PEP	F	-0.81%
KO	D	-0.78%
ADP	B	-0.77%
UNP	D	-0.76%
TROW	A	-0.71%
CB	C	-0.67%
SBUX	A	-0.67%
UPS	C	-0.66%
CAT	B	-0.64%
MO	A	-0.63%
MCO	C	-0.61%
PM	A	-0.58%
YUM	D	-0.58%
PAYX	B	-0.54%
GRMN	B	-0.52%
MSCI	A	-0.51%
OTIS	D	-0.5%
ZTS	D	-0.47%
WMT	A	-0.46%
JPM	A	-0.45%
AVGO	C	-0.45%
APH	B	-0.44%
SPGI	C	-0.42%
PCAR	B	-0.41%
AON	A	-0.39%
NKE	D	-0.38%
WM	B	-0.38%
MSI	A	-0.35%
AMGN	D	-0.33%
TSCO	D	-0.32%
ETN	A	-0.32%
CL	D	-0.32%
CBOE	D	-0.31%
GWW	A	-0.29%
CSX	B	-0.29%
SYK	A	-0.29%
SNA	A	-0.27%
TT	A	-0.24%
MDLZ	F	-0.23%
HSY	F	-0.22%
DE	D	-0.21%
ELV	F	-0.2%
KMB	C	-0.2%
A	D	-0.17%
ADI	D	-0.16%
EXPD	D	-0.16%
INTU	A	-0.16%
IEX	B	-0.16%
VRSK	B	-0.15%
GGG	A	-0.15%
TMO	D	-0.14%
AME	A	-0.14%
GIS	D	-0.11%
KVUE	A	-0.08%
CHD	A	-0.06%