ITEQ vs. SPAM ETF Comparison

Comparison of BlueStar TA-BIGITech Israel Technology ETF (ITEQ) to Themes Cybersecurity ETF (SPAM)

ITEQ

BlueStar TA-BIGITech Israel Technology ETF

ITEQ Description

The investment seeks to provide investment results that correspond generally to the total return performance of the TASE-BlueStar Israel Global Technology Index™ ("TA-BIGITech™"). The fund will invest at least 80% of its total assets in the component securities of the index and in depositary receipts representing such securities. As a result, normally the fund will invest at least 80% of its total assets in Israeli technology companies. TA-BIGITech™ was created in 2013 by BlueStar Global Investors LLC d/b/a BlueStar Indexes® and the ISE and tracks the performance of exchange-listed Israeli technology operating companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$51.65

Average Daily Volume

8,295

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPAM

Themes Cybersecurity ETF

SPAM Description

The index is designed to provide exposure to companies that have business operations in the cybersecurity industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.12

Average Daily Volume

502

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITEQ	SPAM
30 Days	5.77%	1.48%
60 Days	10.06%	5.39%
90 Days	8.27%	4.35%
12 Months	23.39%

4 Overlapping Holdings

Symbol	Grade	Weight in ITEQ	Weight in SPAM	Overlap
CHKP	C	7.83%	3.79%	3.79%
CYBR	A	8.37%	4.51%	4.51%
RDWR	B	0.68%	1.91%	0.68%
S	B	5.06%	4.78%	4.78%

ITEQ Overweight 26 Positions Relative to SPAM

Symbol	Grade	Weight
MNDY	C	7.9%
NICE	D	7.29%
DOX	D	6.95%
WIX	A	6.89%
GLBE	B	3.17%
FROG	C	2.73%
ORA	B	2.7%
PAYO	A	2.2%
LMND	B	1.58%
INMD	C	1.47%
CLBT	B	1.34%
KRNT	B	1.28%
FVRR	B	1.09%
NVCR	C	1.01%
SPNS	F	0.93%
SSYS	B	0.59%
PLTK	B	0.56%
CEVA	B	0.55%
SEDG	F	0.54%
RSKD	D	0.51%
NNDM	D	0.51%
URGN	F	0.49%
CGNT	B	0.46%
NNOX	C	0.42%
MGIC	D	0.37%
VPG	F	0.27%

ITEQ Underweight 17 Positions Relative to SPAM

Symbol	Grade	Weight
QLYS	B	-5.43%
FTNT	C	-5.34%
CRWD	B	-5.06%
ZS	B	-4.96%
ALRM	C	-4.96%
BAH	F	-4.86%
CACI	D	-4.76%
PANW	B	-4.75%
RPD	B	-4.55%
OKTA	C	-4.46%
TENB	C	-4.41%
VRNS	D	-3.86%
YOU	D	-3.57%
ATEN	A	-2.93%
OSPN	A	-1.51%
CHGX	A	-0.69%
FSLY	D	-0.43%