MGMT vs. QTUM ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to Defiance Quantum ETF (QTUM)

MGMT

Ballast Small/Mid Cap ETF

MGMT Description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$36.42

Average Daily Volume

14,317

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QTUM

Defiance Quantum ETF

QTUM Description

The investment seeks to track the total return performance, before fees and expenses, of the BlueStar Quantum Computing and Machine Learning Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index consists of a modified equal-weighted portfolio of the stock of companies whose products or services are predominantly tied to the development of quantum computing and machine learning technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$59.57

Average Daily Volume

40,172

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGMT	QTUM
30 Days	-1.62%	-1.03%
60 Days	-0.09%	-3.38%
90 Days	2.66%	6.86%
12 Months	11.79%	35.84%

1 Overlapping Holdings

	Symbol	Grade	Weight in MGMT	Weight in QTUM	Overlap
	TDC	F	2.88%	1.05%	1.05%

MGMT Overweight 45 Positions Relative to QTUM

Symbol	Grade	Weight
NRP	B	5.26%
AGM	C	3.84%
CVCO	C	3.2%
AZZ	C	3.06%
MTG	C	2.92%
PHIN	A	2.91%
EXP	A	2.85%
CEIX	D	2.76%
CASS	D	2.64%
TRIP	D	2.59%
SOI	B	2.53%
GEO	C	2.52%
LAMR	B	2.36%
LSTR	D	2.32%
NTIC	A	2.22%
ATKR	D	2.21%
CBNK	D	2.13%
IGIC	B	2.1%
GPRE	F	2.09%
BIOX	C	2.05%
LII	D	1.97%
IMXI	F	1.94%
DOX	D	1.84%
SFM	A	1.7%
BLCO	F	1.7%
BWA	B	1.66%
EPR	C	1.63%
KOS	D	1.6%
GSM	B	1.58%
RMNI	F	1.51%
BELFB	B	1.5%
IPGP	D	1.49%
CRMT	F	1.49%
ECVT	F	1.48%
KN	B	1.28%
RCMT	F	1.21%
UFPT	B	1.17%
EPSN	B	1.17%
TKR	B	1.15%
PATK	C	0.92%
IRMD	D	0.91%
CMP	F	0.86%
EXTR	F	0.82%
G	D	0.8%
BIL	A	0.23%

MGMT Underweight 48 Positions Relative to QTUM

Symbol	Grade	Weight
MSTR	D	-3.33%
NVDA	C	-2.35%
MU	B	-1.98%
MKSI	D	-1.84%
TSM	C	-1.81%
AMAT	C	-1.77%
COHR	D	-1.76%
MRVL	D	-1.73%
ONTO	A	-1.72%
AMD	D	-1.71%
ASML	D	-1.69%
LRCX	D	-1.68%
KLAC	B	-1.65%
QCOM	B	-1.63%
LSCC	F	-1.6%
RTX	A	-1.59%
NOK	B	-1.57%
JNPR	D	-1.57%
TER	B	-1.55%
GOOGL	A	-1.55%
ABBV	D	-1.55%
NXPI	A	-1.5%
BAH	B	-1.48%
CRUS	C	-1.46%
TXN	A	-1.45%
MCHP	B	-1.43%
RGTI	F	-1.43%
WIT	D	-1.42%
ADI	A	-1.42%
MSFT	D	-1.4%
CDNS	D	-1.39%
NVEC	F	-1.39%
HPE	D	-1.38%
IBM	D	-1.37%
BABA	B	-1.36%
LMT	A	-1.34%
NOC	B	-1.32%
SNPS	D	-1.3%
HON	D	-1.26%
ORAN	F	-1.21%
ESTC	B	-1.2%
ACN	D	-1.19%
ON	F	-1.17%
STM	F	-1.16%
BIDU	C	-1.14%
SYNA	F	-1.14%
INTC	F	-1.1%
ARQQ	F	-0.52%