KBE vs. SOVF ETF Comparison

Comparison of SPDR S&P Bank ETF (KBE) to Sovereign's Capital Flourish Fund (SOVF)

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.28

Average Daily Volume

1,814,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SOVF

Sovereign's Capital Flourish Fund

SOVF Description

The fund invests primarily in common stock of publicly traded U.S. companies that are selected by the fund's investment adviser. The Adviser employs an active management strategy in seeking to achieve the fund"s objective.

Grade (RS Rating)

Last Trade

$32.27

Average Daily Volume

12,200

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBE	SOVF
30 Days	10.56%	5.98%
60 Days	12.89%	5.98%
90 Days	13.40%	5.25%
12 Months	57.32%	24.72%

1 Overlapping Holdings

	Symbol	Grade	Weight in KBE	Weight in SOVF	Overlap
	TFIN	B	0.81%	0.62%	0.62%

KBE Overweight 92 Positions Relative to SOVF

Symbol	Grade	Weight
APO	B	1.42%
WFC	A	1.37%
EWBC	A	1.34%
WBS	A	1.34%
AX	B	1.32%
PNFP	B	1.32%
JXN	C	1.31%
SNV	C	1.3%
ASB	B	1.29%
ZION	B	1.28%
COLB	B	1.28%
GBCI	B	1.28%
CFR	B	1.28%
WTFC	A	1.27%
MTB	A	1.26%
TCBI	C	1.26%
FHN	A	1.25%
CADE	B	1.22%
BOH	B	1.22%
HBAN	A	1.22%
NTRS	A	1.21%
CMA	B	1.21%
HWC	B	1.2%
EQH	C	1.2%
RF	A	1.19%
KEY	B	1.19%
ONB	C	1.19%
C	A	1.19%
UMBF	B	1.19%
FULT	A	1.18%
BAC	A	1.18%
FCNCA	A	1.18%
VLY	B	1.18%
PNC	B	1.18%
FNB	A	1.18%
JPM	A	1.17%
BANC	B	1.16%
CBSH	B	1.16%
ABCB	B	1.15%
FFIN	B	1.15%
CFG	B	1.15%
OZK	B	1.15%
TBBK	B	1.15%
HOMB	A	1.15%
SSB	B	1.14%
PB	B	1.14%
UBSI	B	1.14%
BK	A	1.13%
WAL	B	1.13%
USB	A	1.13%
FITB	B	1.12%
TFC	A	1.11%
CRBG	B	1.11%
BKU	A	1.1%
VOYA	B	1.1%
FIBK	B	1.09%
FBP	C	1.06%
COOP	B	1.06%
AUB	B	1.03%
EBC	B	1.03%
CVBF	A	1.02%
WD	D	1.01%
PFS	B	1.0%
BPOP	C	0.99%
INDB	B	0.99%
CBU	B	0.99%
RDN	D	0.98%
MTG	C	0.98%
CATY	B	0.97%
BOKF	B	0.94%
NMIH	C	0.93%
SFBS	C	0.91%
PFSI	C	0.9%
IBOC	B	0.89%
FHB	B	0.89%
ESNT	F	0.89%
UCB	A	0.88%
WAFD	B	0.85%
RNST	B	0.82%
WSFS	B	0.81%
RKT	F	0.79%
PPBI	C	0.79%
IBTX	B	0.78%
BANR	B	0.75%
SBCF	B	0.72%
SFNC	C	0.64%
TRMK	C	0.62%
FFBC	B	0.61%
HTH	C	0.59%
FRME	B	0.57%
LKFN	C	0.46%
WSBC	B	0.44%

KBE Underweight 78 Positions Relative to SOVF

Symbol	Grade	Weight
GSHD	A	-3.58%
PAYC	B	-2.85%
ALKT	B	-2.83%
PCTY	C	-2.72%
PRI	B	-2.71%
COKE	C	-2.69%
LOPE	C	-2.69%
CBRE	B	-2.63%
FI	A	-2.55%
DAVA	C	-2.5%
PGR	A	-2.28%
AFG	A	-2.28%
LCII	C	-2.2%
AJG	A	-2.01%
PX	A	-2.0%
TSN	B	-1.96%
FOLD	F	-1.95%
EEFT	B	-1.87%
RJF	A	-1.82%
MOH	F	-1.78%
PPC	C	-1.67%
BIGC	B	-1.62%
DIOD	D	-1.57%
KFY	B	-1.54%
NSP	F	-1.47%
SBAC	D	-1.46%
RPAY	D	-1.42%
NHC	C	-1.39%
COLM	C	-1.35%
BDX	F	-1.31%
APG	B	-1.29%
UPS	C	-1.27%
FANG	C	-1.24%
GEF	A	-1.23%
CSCO	B	-1.17%
SCHW	B	-1.17%
QCOM	F	-1.16%
DVN	F	-1.1%
NEO	C	-1.09%
ANET	C	-1.08%
ITT	A	-1.05%
BKH	A	-1.04%
ADV	D	-1.01%
LECO	C	-1.01%
VRRM	F	-1.0%
APA	D	-1.0%
SITE	F	-0.98%
AWK	C	-0.91%
AMED	F	-0.88%
USFD	A	-0.85%
IEX	C	-0.73%
PLOW	D	-0.7%
INTC	C	-0.69%
CSWI	B	-0.68%
FAST	B	-0.58%
SAIC	F	-0.57%
SMCI	F	-0.57%
WMT	A	-0.56%
ADP	A	-0.56%
JBHT	C	-0.54%
HCSG	C	-0.54%
RMD	C	-0.52%
ERIE	D	-0.52%
VRSN	C	-0.5%
WCN	A	-0.49%
HUBS	A	-0.49%
CPT	B	-0.49%
GGG	B	-0.48%
AZZ	A	-0.48%
ORLY	B	-0.48%
SPB	C	-0.47%
CPRT	B	-0.47%
SPTN	D	-0.46%
JJSF	C	-0.45%
SPSC	D	-0.45%
KFRC	D	-0.43%
NTAP	C	-0.42%
OPCH	D	-0.37%