KIE vs. CPAI ETF Comparison

Comparison of SPDR S&P Insurance ETF (KIE) to Counterpoint Quantitative Equity ETF (CPAI)
KIE

SPDR S&P Insurance ETF

KIE 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 companies in the insurance industry. In seeking to track the performance of the S&P Insurance 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 insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$55.82

Average Daily Volume

1,052,000

Number of Holdings *

50

* may have additional holdings in another (foreign) market
CPAI

Counterpoint Quantitative Equity ETF

CPAI Description CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.

Grade (RS Rating)

Last Trade

$33.56

Average Daily Volume

5,708

Number of Holdings *

50

* may have additional holdings in another (foreign) market
Performance
Period KIE CPAI
30 Days -1.67% 1.52%
60 Days -0.87% 4.82%
90 Days 5.49% 11.66%
12 Months 31.41%
4 Overlapping Holdings
Symbol Grade Weight in KIE Weight in CPAI Overlap
CNO A 2.02% 1.99% 1.99%
GNW D 1.98% 1.98% 1.98%
PGR D 1.85% 1.91% 1.85%
UNM A 2.2% 2.09% 2.09%
KIE Overweight 46 Positions Relative to CPAI
Symbol Grade Weight
GSHD A 2.32%
BHF B 2.19%
LNC A 2.13%
MET C 2.12%
PFG C 2.11%
PRI B 2.1%
RYAN C 2.08%
TRV B 2.07%
PRU B 2.07%
WTM B 2.05%
AIG B 2.04%
KMPR B 2.04%
AGO B 2.03%
GL C 2.02%
RNR C 2.02%
RLI B 2.01%
HIG D 2.0%
AXS C 2.0%
AFL D 1.98%
THG B 1.98%
L C 1.98%
SIGI C 1.97%
BRO B 1.96%
AON A 1.96%
WRB C 1.95%
CB C 1.95%
CINF B 1.95%
ALL C 1.95%
EG F 1.94%
AIZ D 1.94%
MKL D 1.94%
ESGR C 1.93%
FNF C 1.92%
ORI D 1.91%
WTW A 1.91%
RGA C 1.9%
KNSL F 1.89%
AFG D 1.89%
MMC D 1.86%
FAF D 1.85%
AJG D 1.85%
ACGL F 1.83%
ERIE D 1.68%
PLMR D 1.63%
OSCR C 1.52%
STC D 1.39%
KIE Underweight 46 Positions Relative to CPAI
Symbol Grade Weight
TDS B -2.39%
TRGP A -2.25%
SKYW A -2.23%
IAG B -2.19%
SFM A -2.19%
CLBT A -2.17%
CARG B -2.14%
EQH B -2.14%
OKE B -2.12%
BRBR A -2.09%
LDOS A -2.09%
FTI B -2.07%
COR A -2.07%
RTX C -2.06%
GDDY A -2.05%
MSI B -2.05%
ORCL B -2.04%
FTDR B -2.04%
LLY F -2.04%
NTGR A -2.03%
META B -2.02%
WES D -2.0%
CAH B -2.0%
GOOGL A -2.0%
PRM A -2.0%
WBA C -2.0%
NYT A -1.99%
MSFT D -1.99%
PBI A -1.99%
AAPL C -1.99%
VIRT A -1.99%
LESL F -1.94%
ACIW C -1.94%
PAA D -1.93%
PAGP D -1.92%
HTZ F -1.92%
TJX D -1.92%
BRC D -1.91%
ROST F -1.89%
ZIM A -1.85%
MHO D -1.85%
HCA D -1.79%
CVLT B -1.76%
UHS D -1.73%
THC C -1.71%
AGL F -1.41%
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