RUNN vs. DVOL ETF Comparison

Comparison of Running Oak Efficient Growth ETF (RUNN) to First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

RUNN

Running Oak Efficient Growth ETF

RUNN Description

The fund is in an actively managed exchange-traded fund ("ETF"). Under normal circumstances, the fund seeks to achieve its investment objective by investing primarily in exchange-traded equity securities of large and mid-sized U.S. companies with market capitalizations of at least $5 billion. The fund is roughly equally-weighted with 50-75 stocks typically held in the portfolio. The fund may invest up to 20% of net assets in non-U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.03

Average Daily Volume

42,104

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.26

Average Daily Volume

3,466

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RUNN	DVOL
30 Days	3.98%	5.98%
60 Days	5.29%	9.31%
90 Days	7.85%	12.19%
12 Months	31.92%	36.44%

9 Overlapping Holdings

Symbol	Grade	Weight in RUNN	Weight in DVOL	Overlap
BRO	B	1.78%	2.19%	1.78%
CACI	D	1.74%	2.23%	1.74%
CW	B	1.86%	1.56%	1.56%
FI	A	1.85%	3.01%	1.85%
GWW	B	1.83%	1.47%	1.47%
MMC	B	1.64%	2.87%	1.64%
RSG	A	1.74%	3.18%	1.74%
TJX	A	1.71%	2.71%	1.71%
V	A	1.82%	3.05%	1.82%

RUNN Overweight 46 Positions Relative to DVOL

Symbol	Grade	Weight
HON	B	1.9%
J	F	1.86%
FDS	B	1.86%
AME	A	1.86%
ETN	A	1.86%
WSO	A	1.86%
PH	A	1.85%
PRI	A	1.85%
TXRH	C	1.84%
ITT	A	1.83%
LDOS	C	1.83%
TDY	B	1.83%
EME	C	1.82%
RBA	A	1.82%
ADP	B	1.82%
BSX	B	1.82%
BR	A	1.81%
SYK	C	1.8%
SAIA	B	1.79%
ACN	C	1.79%
DRI	B	1.78%
NSC	B	1.77%
GD	F	1.76%
IR	B	1.75%
DECK	A	1.75%
GGG	B	1.74%
FELE	B	1.74%
GOOG	C	1.72%
APD	A	1.72%
CSL	C	1.72%
SSNC	B	1.71%
TSCO	D	1.71%
NVT	B	1.71%
ROP	B	1.7%
AJG	B	1.68%
UNH	C	1.68%
TTC	D	1.68%
CI	F	1.67%
DOX	D	1.65%
STE	F	1.64%
BDX	F	1.63%
ICE	C	1.6%
AVY	D	1.59%
FCN	D	1.57%
IQV	D	1.55%
ICLR	D	1.52%

RUNN Underweight 41 Positions Relative to DVOL

Symbol	Grade	Weight
TMUS	B	-3.35%
KMI	A	-3.16%
DTM	B	-3.1%
WMB	A	-2.96%
MSI	B	-2.8%
MA	C	-2.74%
WELL	A	-2.69%
LIN	D	-2.68%
INGR	B	-2.63%
CTAS	B	-2.59%
CB	C	-2.55%
WMT	A	-2.49%
OKE	A	-2.44%
NOC	D	-2.33%
HLT	A	-2.33%
RTX	C	-2.28%
AMP	A	-2.26%
PKG	A	-2.12%
JPM	A	-1.99%
AM	A	-1.79%
COST	B	-1.69%
MSFT	F	-1.68%
EHC	B	-1.6%
AFL	B	-1.53%
HEI	B	-1.46%
WAB	B	-1.42%
AIG	B	-1.41%
CAH	B	-1.29%
ALL	A	-1.27%
TRV	B	-1.24%
ENSG	D	-1.24%
HLI	B	-1.23%
PTC	A	-1.21%
PGR	A	-1.08%
BRX	A	-1.08%
SF	B	-1.06%
TW	A	-1.03%
RGA	A	-1.01%
WRB	A	-0.98%
MTG	C	-0.95%
TDG	D	-0.85%