JFWD vs. ECNS ETF Comparison

Comparison of Jacob Funds Inc. Jacob Forward ETF (JFWD) to iShares MSCI China Small-Cap ETF (ECNS)

JFWD

Jacob Funds Inc. Jacob Forward ETF

JFWD Description

The Jacob Forward ETF is an exchange-traded fund incorporated in the US. This fund seeks long-term growth of capital. The Fund seeks to achieve its investment objective by investing in common stocks and other equity securities of companies of all sizes. The Fund may have significant exposure to the information technology sector.

Grade (RS Rating)

Last Trade

$9.69

Average Daily Volume

1,142

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ECNS

iShares MSCI China Small-Cap ETF

ECNS Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Small Cap Index. The fund will at all times invest at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of the Chinese equity securities markets, as represented by the H-Shares and B-Shares markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.67

Average Daily Volume

15,536

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JFWD	ECNS
30 Days	-11.03%	1.98%
60 Days	-13.53%	3.05%
90 Days	-2.94%	14.58%
12 Months	22.62%	-19.63%

3 Overlapping Holdings

Symbol	Grade	Weight in JFWD	Weight in ECNS	Overlap
HUYA	A	1.37%	0.39%	0.39%
MOMO	C	1.34%	0.81%	0.81%
ZH	D	0.49%	0.2%	0.2%

JFWD Overweight 34 Positions Relative to ECNS

Symbol	Grade	Weight
PRCH	D	6.31%
DKNG	C	5.51%
ATEC	D	5.37%
HRTX	D	4.53%
INSE	F	4.48%
SQ	D	4.2%
DOCS	F	3.98%
HROW	F	3.87%
ESPR	C	3.87%
OPRX	D	3.72%
TELA	F	3.68%
NET	C	3.68%
MDB	D	3.46%
KRYS	C	3.4%
IMMR	D	3.16%
INVE	F	2.82%
Z	F	2.78%
CDNA	C	2.58%
CFLT	F	2.45%
ATHM	D	2.13%
PHR	F	1.91%
TWLO	C	1.78%
SOFI	F	1.58%
IDYA	C	1.54%
HCP	A	1.47%
PI	A	1.17%
SMTC	A	1.15%
CDXS	C	1.11%
BRZE	F	1.08%
APLS	F	1.07%
ARCT	D	0.96%
APPS	F	0.85%
CRSP	F	0.76%
BEAM	F	0.52%

JFWD Underweight 15 Positions Relative to ECNS

Symbol	Grade	Weight
YY	D	-1.26%
DQ	F	-1.07%
RLX	B	-1.05%
JKS	D	-0.99%
LU	B	-0.89%
GDS	B	-0.85%
WB	B	-0.67%
FINV	B	-0.65%
NOAH	B	-0.48%
TUYA	D	-0.39%
TIGR	D	-0.29%
VNET	D	-0.15%
CAN	F	-0.15%
DADA	F	-0.13%
TME	A	-0.0%