LBO vs. SMOT ETF Comparison

Comparison of WHITEWOLF Publicly Listed Private Equity ETF (LBO) to VanEck MorVanEck Morningstar SMID Moat ETFningstar SMID Moat ETF (SMOT)

LBO

WHITEWOLF Publicly Listed Private Equity ETF

LBO Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of U.S. publicly listed private equity companies. It defines "listed private equity companies" as Leverage Finance Providers and Buyout Firms, Sponsors, and Asset Managers (collectively, "Listed Private Equity Companies") that are listed and traded on a U.S. national securities exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.05

Average Daily Volume

1,350

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMOT

VanEck MorVanEck Morningstar SMID Moat ETFningstar SMID Moat ETF

SMOT Description

VanEck Morningstar SMID Moat ETF is an exchange traded fund launched and managed by Van Eck Associates Corporation. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Morningstar US Small-Mid Cap Moat Focus Index, by using full replication technique. VanEck Morningstar SMID Moat ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$36.37

Average Daily Volume

71,889

Number of Holdings ^*

104

* may have additional holdings in another (foreign) market

Performance

Period	LBO	SMOT
30 Days	1.60%	1.45%
60 Days	8.87%	4.10%
90 Days	17.02%	7.64%
12 Months		27.12%

1 Overlapping Holdings

	Symbol	Grade	Weight in LBO	Weight in SMOT	Overlap
	CG	B	5.12%	1.6%	1.6%

LBO Overweight 34 Positions Relative to SMOT

Symbol	Grade	Weight
KKR	B	8.25%
ARCC	A	6.95%
FSK	A	6.75%
TPG	A	6.64%
OWL	A	6.37%
BX	A	6.26%
APO	B	6.11%
BXSL	A	6.1%
ARES	A	5.23%
HTGC	D	4.76%
HLNE	B	3.14%
GBDC	B	3.07%
PSEC	D	2.42%
CSWC	D	2.31%
GSBD	F	2.08%
BBDC	A	1.83%
BCSF	C	1.67%
TRIN	A	1.43%
NMFC	D	1.33%
STEP	B	1.21%
PFLT	D	1.14%
CODI	B	1.09%
TCPC	C	1.07%
CGBD	C	0.82%
CION	D	0.74%
TSLX	C	0.44%
GCMG	A	0.22%
SCM	A	0.2%
PNNT	B	0.2%
FDUS	A	0.16%
GAIN	B	0.14%
SAR	A	0.14%
PX	A	0.14%
TPVG	C	0.14%

LBO Underweight 103 Positions Relative to SMOT

Symbol	Grade	Weight
LAD	B	-1.82%
EXPE	B	-1.75%
CCL	A	-1.75%
SQ	A	-1.73%
DFS	B	-1.7%
LYV	A	-1.69%
DASH	B	-1.68%
NCLH	B	-1.66%
COF	B	-1.65%
LPLA	A	-1.62%
TPR	B	-1.58%
WH	B	-1.53%
LYFT	C	-1.52%
WCC	B	-1.51%
SEIC	B	-1.47%
ABG	B	-1.46%
NET	B	-1.46%
NI	A	-1.42%
SMG	C	-1.38%
TRU	D	-1.36%
KMX	C	-1.35%
SSNC	C	-1.33%
ALLE	D	-1.3%
CTSH	B	-1.3%
CTVA	C	-1.29%
BC	F	-1.28%
OMC	D	-1.27%
DD	D	-1.25%
EMN	D	-1.24%
VEEV	C	-1.22%
SEE	D	-1.21%
HAS	D	-1.18%
LFUS	D	-1.18%
GNTX	F	-1.15%
RVTY	D	-1.13%
CCI	C	-1.1%
WU	F	-1.08%
LYB	F	-1.07%
ST	F	-1.07%
IFF	D	-1.04%
CNC	F	-1.03%
IQV	F	-1.03%
DOW	F	-1.02%
ALSN	B	-0.99%
HII	F	-0.98%
RJF	A	-0.86%
CMA	B	-0.83%
FFIV	A	-0.83%
ADSK	A	-0.79%
TFC	B	-0.79%
ZS	C	-0.77%
ETR	A	-0.75%
JLL	D	-0.75%
WDAY	C	-0.74%
LH	B	-0.74%
INCY	C	-0.74%
GTLS	A	-0.73%
ZM	B	-0.72%
GPN	C	-0.72%
VNT	C	-0.72%
ESTC	C	-0.71%
WEC	A	-0.71%
EVRG	A	-0.69%
RBLX	B	-0.69%
IVZ	B	-0.68%
OTIS	D	-0.67%
SMAR	A	-0.67%
DKNG	B	-0.67%
ZBH	C	-0.66%
MAS	D	-0.66%
ROK	B	-0.66%
FBIN	D	-0.64%
RMD	C	-0.64%
HES	B	-0.64%
MKTX	D	-0.64%
POR	C	-0.64%
WMG	B	-0.64%
MAT	D	-0.64%
KVUE	A	-0.63%
BWA	D	-0.63%
AN	D	-0.63%
PINS	F	-0.61%
FTV	C	-0.6%
EFX	F	-0.6%
WYNN	D	-0.59%
MSM	D	-0.59%
GEHC	C	-0.58%
RPRX	D	-0.57%
A	F	-0.56%
DVN	F	-0.54%
KHC	F	-0.54%
CPB	D	-0.54%
IPG	D	-0.54%
TNET	C	-0.53%
DINO	D	-0.53%
CRL	D	-0.52%
BAX	F	-0.51%
MCHP	F	-0.51%
SWKS	F	-0.5%
BBWI	C	-0.48%
TER	F	-0.48%
IONS	F	-0.48%
CE	F	-0.37%

LBO: Top Represented Industries & Keywords

Industries: Asset Management Conglomerates Credit Services Specialty Finance