RUNN vs. KIE ETF Comparison

Comparison of Running Oak Efficient Growth ETF (RUNN) to SPDR S&P Insurance ETF (KIE)

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

KIE

SPDR S&P Insurance ETF

KIE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. In seeking to track the performance of the S&P Insurance Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.01

Average Daily Volume

1,061,851

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RUNN	KIE
30 Days	3.98%	6.49%
60 Days	5.29%	7.62%
90 Days	7.85%	10.98%
12 Months	31.92%	38.27%

4 Overlapping Holdings

Symbol	Grade	Weight in RUNN	Weight in KIE	Overlap
AJG	B	1.68%	1.85%	1.68%
BRO	B	1.78%	1.98%	1.78%
MMC	B	1.64%	1.8%	1.64%
PRI	A	1.85%	2.17%	1.85%

RUNN Overweight 51 Positions Relative to KIE

Symbol	Grade	Weight
HON	B	1.9%
J	F	1.86%
CW	B	1.86%
FDS	B	1.86%
AME	A	1.86%
ETN	A	1.86%
WSO	A	1.86%
PH	A	1.85%
FI	A	1.85%
TXRH	C	1.84%
ITT	A	1.83%
GWW	B	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%
V	A	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%
RSG	A	1.74%
GGG	B	1.74%
FELE	B	1.74%
CACI	D	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%
TJX	A	1.71%
ROP	B	1.7%
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 46 Positions Relative to KIE

Symbol	Grade	Weight
GSHD	A	-2.49%
UNM	A	-2.45%
BHF	B	-2.23%
LNC	B	-2.21%
KMPR	B	-2.2%
CNO	A	-2.2%
RLI	B	-2.15%
AGO	B	-2.13%
AIZ	A	-2.09%
WTM	A	-2.08%
THG	A	-2.07%
RYAN	B	-2.06%
CINF	A	-2.05%
AXS	A	-2.04%
MKL	A	-2.04%
SIGI	C	-2.03%
PRU	A	-2.02%
AON	A	-2.02%
WTW	B	-2.02%
MET	A	-2.02%
GNW	A	-2.02%
TRV	B	-2.01%
RGA	A	-2.0%
ORI	A	-1.99%
PFG	D	-1.98%
L	A	-1.97%
AFG	A	-1.97%
GL	B	-1.96%
ALL	A	-1.94%
AIG	B	-1.93%
WRB	A	-1.91%
KNSL	B	-1.9%
PGR	A	-1.88%
FNF	B	-1.88%
ESGR	B	-1.88%
HIG	B	-1.88%
AFL	B	-1.88%
CB	C	-1.85%
RNR	C	-1.85%
FAF	A	-1.82%
EG	C	-1.78%
PLMR	B	-1.75%
ACGL	D	-1.66%
ERIE	D	-1.45%
STC	B	-1.38%
OSCR	D	-1.33%