RULE vs. RDOG ETF Comparison

Comparison of Adaptive Core ETF (RULE) to ALPS REIT Dividend Dogs ETF (RDOG)

RULE

Adaptive Core ETF

RULE Description

Adaptive Core ETF seeks current income. The fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs. The fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality).

Grade (RS Rating)

Last Trade

$23.31

Average Daily Volume

5,937

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RDOG

ALPS REIT Dividend Dogs ETF

RDOG Description

The investment seeks investment results that replicate as closely as possible, before fees and expenses, the performance of an index called the S-Network REIT Dividend Dogs Index (the "underlying index"). The fund will normally invest at least 90% of its total assets in common stocks and other equity securities that comprise the underlying index. The underlying index is a rules-based index intended to give investors a means of tracking the overall performance of the highest dividend paying real estate investment trusts ("REITs") in the S-Network US Composite REIT Index, a universe of mainly REITs listed in the United States, on a segment-by-segment basis.

Grade (RS Rating)

Last Trade

$40.93

Average Daily Volume

1,706

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RULE	RDOG
30 Days	5.63%	-0.59%
60 Days	5.87%	-3.12%
90 Days	6.41%	1.31%
12 Months	21.71%	25.29%

1 Overlapping Holdings

	Symbol	Grade	Weight in RULE	Weight in RDOG	Overlap
	EQIX	A	3.05%	2.42%	2.42%

RULE Overweight 34 Positions Relative to RDOG

Symbol	Grade	Weight
BIL	A	4.27%
JPST	A	4.26%
CRM	B	3.6%
APO	B	3.39%
WMB	A	3.07%
PCAR	B	3.04%
XLG	B	3.04%
AON	A	3.04%
SPHQ	A	3.03%
CAH	B	3.0%
VST	B	2.96%
INTU	C	2.95%
V	A	2.95%
IWF	B	2.91%
FI	A	2.91%
BK	A	2.88%
PH	A	2.87%
CTAS	B	2.84%
GWW	B	2.82%
UBER	D	2.8%
NFLX	A	2.78%
PGR	A	2.72%
HD	A	2.7%
FTNT	C	2.67%
RMD	C	2.65%
FCNCA	A	2.59%
URI	B	2.57%
GPN	B	2.51%
IRM	D	2.47%
VRT	B	2.41%
IBM	C	2.35%
PAYX	C	2.18%
ADBE	C	1.94%
ARES	A	1.81%

RULE Underweight 43 Positions Relative to RDOG

Symbol	Grade	Weight
MAC	B	-2.75%
DLR	B	-2.65%
SPG	B	-2.58%
SLG	B	-2.56%
BHR	B	-2.55%
APLE	B	-2.55%
CBL	A	-2.51%
GOOD	B	-2.47%
OUT	A	-2.45%
PK	B	-2.42%
CTO	B	-2.41%
UNIT	B	-2.38%
BRT	B	-2.37%
OLP	B	-2.36%
HST	C	-2.33%
NXRT	B	-2.33%
SBRA	C	-2.3%
GTY	B	-2.29%
BDN	C	-2.28%
BFS	C	-2.26%
HIW	D	-2.26%
GLPI	C	-2.24%
UDR	B	-2.21%
UMH	C	-2.2%
BNL	D	-2.17%
AHH	D	-2.16%
SBAC	D	-2.14%
STAG	F	-2.13%
NSA	D	-2.13%
EPR	D	-2.13%
LXP	D	-2.12%
ELME	D	-2.1%
DEA	D	-2.06%
CCI	D	-2.05%
TRNO	F	-2.05%
UHT	D	-2.05%
GMRE	F	-2.03%
AMT	D	-1.94%
PLYM	F	-1.87%
IIPR	D	-1.86%
MPW	F	-1.59%
SVC	F	-1.38%
OPI	F	-1.31%