ROE vs. RAFE ETF Comparison

Comparison of Astoria US Quality Kings ETF (ROE) to PIMCO RAFI ESG U.S. ETF (RAFE)

ROE

Astoria US Quality Kings ETF

ROE 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 common stock principally traded in the U.S. The fund seeks to invest in companies that exhibit robust quality characteristics across sectors, with attractive valuations and dividend paying potential, as determined by the fund"s sub-adviser.

Grade (RS Rating)

Last Trade

$31.78

Average Daily Volume

13,670

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.82

Average Daily Volume

12,485

Number of Holdings ^*

237

* may have additional holdings in another (foreign) market

Performance

Period	ROE	RAFE
30 Days	3.50%	1.92%
60 Days	4.18%	3.06%
90 Days	4.70%	4.90%
12 Months	32.06%	24.12%

55 Overlapping Holdings

Symbol	Grade	Weight in ROE	Weight in RAFE	Overlap
A	D	0.86%	0.13%	0.13%
AAPL	C	0.98%	5.06%	0.98%
ABBV	D	0.84%	1.26%	0.84%
ACN	C	1.02%	0.78%	0.78%
ADBE	C	0.93%	0.5%	0.5%
ALL	A	1.03%	0.46%	0.46%
AMAT	F	0.85%	0.71%	0.71%
AMP	A	1.2%	0.2%	0.2%
ANET	C	0.94%	0.02%	0.02%
CAH	B	1.06%	0.24%	0.24%
CDW	F	0.78%	0.09%	0.09%
CL	D	0.9%	0.29%	0.29%
CMCSA	B	1.02%	1.28%	1.02%
COR	B	1.05%	0.11%	0.11%
CSCO	B	1.07%	2.39%	1.07%
CTSH	B	0.99%	0.15%	0.15%
DOV	A	1.02%	0.05%	0.05%
EBAY	D	0.92%	0.33%	0.33%
GEHC	F	0.88%	0.22%	0.22%
GEN	B	1.06%	0.03%	0.03%
GWW	B	1.11%	0.15%	0.15%
HD	A	1.02%	1.4%	1.02%
HIG	B	0.99%	0.21%	0.21%
IBM	C	0.93%	1.45%	0.93%
ITW	B	1.02%	0.25%	0.25%
JNJ	D	0.94%	2.55%	0.94%
KLAC	D	0.79%	0.18%	0.18%
KMB	D	0.95%	0.23%	0.23%
LLY	F	0.78%	0.6%	0.6%
LOW	D	1.01%	0.95%	0.95%
LRCX	F	0.83%	0.43%	0.43%
MCHP	D	0.83%	0.05%	0.05%
MCK	B	1.25%	0.34%	0.34%
META	D	0.97%	0.98%	0.97%
MRK	F	0.82%	1.39%	0.82%
MSFT	F	0.95%	4.52%	0.95%
MSI	B	1.08%	0.17%	0.17%
NFLX	A	1.16%	0.06%	0.06%
NTAP	C	0.96%	0.22%	0.22%
NVDA	C	1.14%	0.88%	0.88%
OMC	C	0.94%	0.12%	0.12%
ON	D	0.93%	0.08%	0.08%
ORCL	B	1.1%	1.33%	1.1%
PGR	A	0.99%	0.2%	0.2%
QCOM	F	0.96%	1.29%	0.96%
SYY	B	0.98%	0.2%	0.2%
TER	D	0.78%	0.08%	0.08%
TGT	F	0.98%	0.91%	0.91%
TJX	A	1.0%	0.38%	0.38%
TMUS	B	1.15%	0.37%	0.37%
TROW	B	1.07%	0.09%	0.09%
TXN	C	0.99%	0.7%	0.7%
V	A	1.11%	0.86%	0.86%
VZ	C	0.93%	1.29%	0.93%
ZTS	D	0.89%	0.11%	0.11%

ROE Overweight 44 Positions Relative to RAFE

Symbol	Grade	Weight
APP	B	2.26%
APO	B	1.28%
VST	B	1.27%
SYF	B	1.27%
LYV	A	1.21%
CHTR	C	1.17%
EME	C	1.14%
ETR	B	1.13%
PANW	C	1.1%
MO	A	1.08%
RPM	A	1.08%
TRV	B	1.08%
PM	B	1.07%
SPG	B	1.05%
WRB	A	1.05%
EOG	A	1.05%
GOOGL	C	1.05%
APH	A	1.04%
URI	B	1.03%
NRG	B	1.03%
DPZ	C	1.02%
AFL	B	1.01%
JBL	B	1.01%
VLO	C	1.0%
YUM	B	0.98%
CSL	C	0.98%
CAT	B	0.98%
CB	C	0.97%
RMD	C	0.95%
EG	C	0.95%
VICI	C	0.94%
NXPI	D	0.92%
DVN	F	0.92%
SBAC	D	0.91%
THC	D	0.91%
ROST	C	0.91%
LMT	D	0.9%
PHM	D	0.88%
WSM	B	0.86%
SWKS	F	0.83%
DHI	D	0.82%
FSLR	F	0.77%
MPWR	F	0.64%
CE	F	0.54%

ROE Underweight 182 Positions Relative to RAFE

Symbol	Grade	Weight
JPM	A	-3.18%
C	A	-2.61%
INTC	D	-2.33%
WFC	A	-2.2%
PG	A	-2.18%
PFE	D	-1.92%
T	A	-1.86%
GM	B	-1.79%
BMY	B	-1.6%
CI	F	-1.09%
AVGO	D	-1.07%
AMGN	D	-0.98%
ABT	B	-0.93%
F	C	-0.92%
LIN	D	-0.91%
MMM	D	-0.88%
GILD	C	-0.87%
DIS	B	-0.85%
MU	D	-0.84%
GS	A	-0.8%
KO	D	-0.78%
ELV	F	-0.76%
BAC	A	-0.68%
MA	C	-0.63%
HPQ	B	-0.58%
HPE	B	-0.56%
MET	A	-0.55%
PYPL	B	-0.51%
AXP	A	-0.51%
UNH	C	-0.5%
CRM	B	-0.49%
DD	D	-0.48%
JCI	C	-0.45%
DE	A	-0.43%
UPS	C	-0.42%
DOW	F	-0.42%
NKE	D	-0.4%
PRU	A	-0.4%
BBY	D	-0.4%
TSLA	B	-0.39%
DHR	F	-0.38%
ADP	B	-0.37%
NEM	D	-0.36%
WM	A	-0.35%
FDX	B	-0.35%
IP	B	-0.34%
HUM	C	-0.33%
APD	A	-0.32%
CVS	D	-0.32%
ADI	D	-0.31%
WDC	D	-0.3%
CARR	D	-0.3%
CBRE	B	-0.3%
FIS	C	-0.29%
BDX	F	-0.27%
GIS	D	-0.26%
ADM	D	-0.26%
WELL	A	-0.26%
PEP	F	-0.24%
BIIB	F	-0.24%
MDLZ	F	-0.24%
MAR	B	-0.23%
EA	A	-0.23%
LUMN	C	-0.22%
FI	A	-0.22%
STT	A	-0.21%
WY	D	-0.21%
ECL	D	-0.21%
CCI	D	-0.21%
EQIX	A	-0.19%
EIX	B	-0.19%
PARA	C	-0.18%
JLL	D	-0.18%
VTR	C	-0.18%
MOS	F	-0.17%
PPG	F	-0.17%
KHC	F	-0.17%
WHR	B	-0.17%
OC	A	-0.17%
BK	A	-0.16%
VFC	C	-0.16%
PFG	D	-0.16%
JNPR	F	-0.16%
CMI	A	-0.16%
AMT	D	-0.15%
FOXA	B	-0.15%
BAX	D	-0.15%
IRM	D	-0.15%
LH	C	-0.15%
K	A	-0.14%
SHW	A	-0.13%
EQR	B	-0.13%
BALL	D	-0.13%
AVB	B	-0.13%
MCO	B	-0.13%
DVA	B	-0.13%
DG	F	-0.12%
PKG	A	-0.12%
HLT	A	-0.12%
CF	B	-0.12%
EW	C	-0.12%
ARW	D	-0.12%
KSS	F	-0.12%
ISRG	A	-0.11%
DELL	C	-0.11%
MRVL	B	-0.11%
CNC	D	-0.11%
KDP	D	-0.11%
TPR	B	-0.11%
IFF	D	-0.1%
CDNS	B	-0.1%
AWK	D	-0.1%
FAST	B	-0.1%
FITB	A	-0.1%
BSX	B	-0.09%
KEYS	A	-0.09%
TSCO	D	-0.09%
HST	C	-0.09%
PAYX	C	-0.09%
SWK	D	-0.09%
WAT	B	-0.09%
SYK	C	-0.09%
EL	F	-0.09%
PVH	C	-0.09%
GAP	C	-0.09%
OTIS	C	-0.09%
DOX	D	-0.08%
HCA	F	-0.08%
AVT	C	-0.08%
WBA	F	-0.08%
SPGI	C	-0.08%
HOLX	D	-0.08%
SNPS	B	-0.07%
ILMN	D	-0.07%
LNC	B	-0.07%
LEA	D	-0.07%
LKQ	D	-0.07%
WAB	B	-0.07%
VTRS	A	-0.07%
SOLV	C	-0.07%
SJM	D	-0.07%
USFD	A	-0.07%
HUN	F	-0.06%
CAG	D	-0.06%
NTRS	A	-0.06%
MAA	B	-0.06%
AKAM	D	-0.06%
DXC	B	-0.06%
NWSA	B	-0.06%
GPC	D	-0.06%
PLD	D	-0.06%
KD	B	-0.05%
HSY	F	-0.05%
EQH	B	-0.05%
DGX	A	-0.05%
CHD	B	-0.05%
NDAQ	A	-0.05%
KIM	A	-0.05%
AMD	F	-0.05%
GT	C	-0.05%
TSN	B	-0.05%
NWL	B	-0.04%
FLEX	A	-0.04%
ESS	B	-0.04%
ORLY	B	-0.04%
HAS	D	-0.04%
XRX	F	-0.04%
MHK	D	-0.04%
CTVA	C	-0.04%
ROK	B	-0.04%
CPB	D	-0.04%
HSIC	B	-0.04%
FL	F	-0.04%
WU	D	-0.03%
AAP	C	-0.03%
AGCO	D	-0.03%
OGN	D	-0.03%
RSG	A	-0.03%
MAN	D	-0.02%
M	D	-0.02%
HRL	D	-0.01%
O	D	-0.01%