RVRB vs. ESGU ETF Comparison

Comparison of Reverb ETF (RVRB) to iShares MSCI USA ESG Optimized ETF (ESGU)

RVRB

Reverb ETF

RVRB Description

The fund will invest in equity securities of companies that are publicly listed on one or more major U.S. national securities exchanges and which are among the largest approximately 500 domestic equity companies as determined by the Adviser on the basis of their free float market capitalization (the "Investable Universe"). In managing the fund, the Adviser employs a market "sentiment" based investment strategy, determined in accordance with its own proprietary web-based algorithm (the "Reverberate App" or the "App"), to adjust the weightings of positions in the fund"s portfolio.

Grade (RS Rating)

Last Trade

$31.38

Average Daily Volume

212

Number of Holdings ^*

510

* may have additional holdings in another (foreign) market

ESGU

iShares MSCI USA ESG Optimized ETF

ESGU Description

The iShares MSCI USA ESG Optimized ETF seeks to track the investment results of an index composed of U.S. companies that have positive environmental, social and governance characteristics as identified by the index provider while exhibiting risk and return characteristics similar to those of the parent index.

Grade (RS Rating)

Last Trade

$131.23

Average Daily Volume

490,830

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	RVRB	ESGU
30 Days	3.12%	3.53%
60 Days	5.02%	4.75%
90 Days	7.06%	6.66%
12 Months	31.49%	32.83%

255 Overlapping Holdings

Symbol	Grade	Weight in RVRB	Weight in ESGU	Overlap
A	D	0.07%	0.11%	0.07%
AAPL	C	5.64%	6.22%	5.64%
ABBV	D	0.52%	0.41%	0.41%
ACN	C	0.39%	0.43%	0.39%
ADBE	C	0.41%	0.56%	0.41%
ADI	D	0.19%	0.12%	0.12%
ADM	D	0.04%	0.09%	0.04%
ADP	B	0.21%	0.69%	0.21%
ADSK	A	0.12%	0.37%	0.12%
AFL	B	0.11%	0.12%	0.11%
AJG	B	0.11%	0.11%	0.11%
AKAM	D	0.01%	0.09%	0.01%
ALNY	D	0.07%	0.08%	0.07%
AMAT	F	0.27%	0.46%	0.27%
AMD	F	0.39%	0.44%	0.39%
AMGN	D	0.28%	0.37%	0.28%
AMT	D	0.16%	0.31%	0.16%
AMZN	C	4.4%	3.61%	3.61%
ANET	C	0.22%	0.2%	0.2%
ANSS	B	0.04%	0.21%	0.04%
AVGO	D	1.32%	1.37%	1.32%
AVTR	F	0.03%	0.08%	0.03%
AXON	A	0.04%	0.22%	0.04%
AXP	A	0.37%	0.44%	0.37%
BAC	A	0.6%	0.65%	0.6%
BALL	D	0.04%	0.09%	0.04%
BBY	D	0.04%	0.16%	0.04%
BG	F	0.01%	0.18%	0.01%
BIIB	F	0.04%	0.07%	0.04%
BK	A	0.1%	0.42%	0.1%
BKNG	A	0.32%	0.34%	0.32%
BKR	B	0.08%	0.15%	0.08%
BLK	C	0.27%	0.12%	0.12%
BMY	B	0.21%	0.17%	0.17%
BR	A	0.04%	0.45%	0.04%
BRK.A	B	1.65%	0.41%	0.41%
C	A	0.23%	0.34%	0.23%
CAH	B	0.05%	0.15%	0.05%
CARR	D	0.12%	0.17%	0.12%
CAT	B	0.35%	0.32%	0.32%
CBRE	B	0.07%	0.18%	0.07%
CCI	D	0.08%	0.31%	0.08%
CDNS	B	0.16%	0.22%	0.16%
CEG	D	0.13%	0.11%	0.11%
CHD	B	0.05%	0.21%	0.05%
CI	F	0.17%	0.28%	0.17%
CL	D	0.13%	0.09%	0.09%
CLX	B	0.03%	0.26%	0.03%
CMCSA	B	0.3%	0.2%	0.2%
CMG	B	0.16%	0.13%	0.13%
CMI	A	0.09%	0.46%	0.09%
CMS	C	0.03%	0.18%	0.03%
CNC	D	0.06%	0.07%	0.06%
CNH	C	0.01%	0.12%	0.01%
COF	B	0.12%	0.12%	0.12%
COP	C	0.23%	0.36%	0.23%
COR	B	0.08%	0.22%	0.08%
COST	B	0.77%	0.79%	0.77%
CPB	D	0.01%	0.08%	0.01%
CRM	B	0.55%	0.72%	0.55%
CSCO	B	0.41%	0.47%	0.41%
CVX	A	0.52%	0.61%	0.52%
D	C	0.08%	0.15%	0.08%
DAL	C	0.07%	0.23%	0.07%
DE	A	0.2%	0.22%	0.2%
DELL	C	0.16%	0.11%	0.11%
DFS	B	0.08%	0.24%	0.08%
DGX	A	0.03%	0.14%	0.03%
DHI	D	0.09%	0.09%	0.09%
DHR	F	0.31%	0.31%	0.31%
DIS	B	0.34%	0.47%	0.34%
DLR	B	0.1%	0.23%	0.1%
DLTR	F	0.02%	0.06%	0.02%
DXCM	D	0.05%	0.1%	0.05%
EA	A	0.07%	0.17%	0.07%
ECL	D	0.13%	0.4%	0.13%
ED	D	0.06%	0.09%	0.06%
ELV	F	0.16%	0.34%	0.16%
EQIX	A	0.17%	0.33%	0.17%
EQT	B	0.02%	0.12%	0.02%
ES	D	0.04%	0.1%	0.04%
ETN	A	0.26%	0.19%	0.19%
EW	C	0.07%	0.25%	0.07%
EXC	C	0.07%	0.16%	0.07%
EXPD	D	0.02%	0.25%	0.02%
FANG	D	0.06%	0.09%	0.06%
FDS	B	0.03%	0.16%	0.03%
FDX	B	0.13%	0.11%	0.11%
FI	A	0.23%	0.12%	0.12%
FICO	B	0.15%	0.12%	0.12%
FIS	C	0.09%	0.13%	0.09%
FLUT	A	0.09%	0.25%	0.09%
FOX	A	0.04%	0.11%	0.04%
FSLR	F	0.04%	0.08%	0.04%
FTV	C	0.05%	0.14%	0.05%
GDDY	A	0.05%	0.11%	0.05%
GE	D	0.34%	0.45%	0.34%
GEV	B	0.17%	0.17%	0.17%
GILD	C	0.2%	0.48%	0.2%
GIS	D	0.06%	0.35%	0.06%
GOOGL	C	4.05%	1.19%	1.19%
GS	A	0.34%	0.4%	0.34%
GWW	B	0.08%	0.37%	0.08%
HBAN	A	0.04%	0.17%	0.04%
HCA	F	0.15%	0.13%	0.13%
HD	A	0.75%	1.02%	0.75%
HES	B	0.08%	0.32%	0.08%
HIG	B	0.06%	0.26%	0.06%
HLT	A	0.11%	0.11%	0.11%
HOLX	D	0.03%	0.1%	0.03%
HON	B	0.21%	0.39%	0.21%
HPE	B	0.05%	0.17%	0.05%
HPQ	B	0.06%	0.1%	0.06%
HRL	D	0.03%	0.09%	0.03%
HUBB	B	0.03%	0.11%	0.03%
HUBS	A	0.04%	0.13%	0.04%
HWM	A	0.08%	0.11%	0.08%
IBM	C	0.33%	0.52%	0.33%
IDXX	F	0.05%	0.23%	0.05%
IEX	B	0.01%	0.11%	0.01%
IFF	D	0.04%	0.08%	0.04%
INTC	D	0.18%	0.29%	0.18%
INTU	C	0.36%	0.61%	0.36%
IP	B	0.02%	0.11%	0.02%
IQV	D	0.07%	0.12%	0.07%
IR	B	0.07%	0.11%	0.07%
IRM	D	0.06%	0.15%	0.06%
ISRG	A	0.34%	0.33%	0.33%
IT	C	0.07%	0.16%	0.07%
J	F	0.04%	0.13%	0.04%
JBHT	C	0.04%	0.1%	0.04%
JCI	C	0.1%	0.18%	0.1%
JNJ	D	0.46%	0.62%	0.46%
JPM	A	1.18%	1.34%	1.18%
K	A	0.05%	0.48%	0.05%
KDP	D	0.08%	0.09%	0.08%
KEYS	A	0.05%	0.2%	0.05%
KHC	F	0.07%	0.16%	0.07%
KKR	A	0.24%	0.12%	0.12%
KMB	D	0.08%	0.15%	0.08%
KMI	A	0.11%	0.32%	0.11%
KO	D	0.5%	0.85%	0.5%
KR	B	0.08%	0.22%	0.08%
LDOS	C	0.04%	0.1%	0.04%
LH	C	0.02%	0.1%	0.02%
LIN	D	0.38%	0.34%	0.34%
LKQ	D	0.01%	0.23%	0.01%
LLY	F	1.31%	1.21%	1.21%
LNG	B	0.08%	0.2%	0.08%
LOW	D	0.28%	0.39%	0.28%
LRCX	F	0.19%	0.29%	0.19%
LULU	C	0.06%	0.12%	0.06%
MA	C	0.87%	0.95%	0.87%
MCD	D	0.36%	0.31%	0.31%
MCK	B	0.16%	0.32%	0.16%
MCO	B	0.15%	0.3%	0.15%
MDB	C	0.04%	0.1%	0.04%
MELI	D	0.12%	0.17%	0.12%
MET	A	0.11%	0.31%	0.11%
META	D	2.4%	2.19%	2.19%
MKC	D	0.04%	0.1%	0.04%
MMC	B	0.2%	0.17%	0.17%
MMM	D	0.13%	0.32%	0.13%
MOH	F	0.04%	0.08%	0.04%
MRK	F	0.35%	0.47%	0.35%
MRNA	F	0.03%	0.04%	0.03%
MRO	B	0.01%	0.1%	0.01%
MRVL	B	0.14%	0.16%	0.14%
MS	A	0.38%	0.54%	0.38%
MSFT	F	6.29%	5.77%	5.77%
MTD	D	0.08%	0.08%	0.08%
MU	D	0.2%	0.18%	0.18%
NDAQ	A	0.08%	0.2%	0.08%
NEE	D	0.27%	0.41%	0.27%
NEM	D	0.08%	0.15%	0.08%
NFLX	A	0.64%	0.6%	0.6%
NOC	D	0.13%	0.19%	0.13%
NOW	A	0.4%	0.66%	0.4%
NTAP	C	0.05%	0.08%	0.05%
NTRS	A	0.04%	0.12%	0.04%
NUE	C	0.07%	0.12%	0.07%
NVDA	C	6.15%	6.91%	6.15%
NXPI	D	0.1%	0.26%	0.1%
ODFL	B	0.09%	0.1%	0.09%
ORCL	B	0.9%	0.59%	0.59%
PANW	C	0.23%	0.27%	0.23%
PAYX	C	0.09%	0.11%	0.09%
PEG	A	0.08%	0.48%	0.08%
PEP	F	0.39%	0.38%	0.38%
PFE	D	0.25%	0.24%	0.24%
PFG	D	0.04%	0.11%	0.04%
PG	A	0.69%	0.69%	0.69%
PGR	A	0.26%	0.42%	0.26%
PHM	D	0.05%	0.1%	0.05%
PLD	D	0.18%	0.13%	0.13%
PNC	B	0.15%	0.36%	0.15%
PPG	F	0.06%	0.21%	0.06%
PRU	A	0.08%	0.54%	0.08%
PSX	C	0.1%	0.13%	0.1%
PTC	A	0.04%	0.15%	0.04%
PWR	A	0.08%	0.11%	0.08%
PYPL	B	0.16%	0.14%	0.14%
QCOM	F	0.32%	0.28%	0.28%
RCL	A	0.1%	0.14%	0.1%
REGN	F	0.15%	0.15%	0.15%
RTX	C	0.27%	0.42%	0.27%
SBAC	D	0.04%	0.13%	0.04%
SBUX	A	0.19%	0.24%	0.19%
SCHW	B	0.2%	0.2%	0.2%
SNOW	C	0.07%	0.09%	0.07%
SNPS	B	0.14%	0.21%	0.14%
SPGI	C	0.29%	0.47%	0.29%
STE	F	0.04%	0.15%	0.04%
STLD	B	0.04%	0.11%	0.04%
STX	D	0.04%	0.09%	0.04%
SYK	C	0.25%	0.11%	0.11%
SYY	B	0.07%	0.09%	0.07%
T	A	0.28%	0.16%	0.16%
TEAM	A	0.11%	0.15%	0.11%
TFC	A	0.11%	0.13%	0.11%
TGT	F	0.13%	0.23%	0.13%
TMO	F	0.34%	0.2%	0.2%
TRGP	B	0.07%	0.28%	0.07%
TRMB	B	0.01%	0.12%	0.01%
TRV	B	0.1%	0.21%	0.1%
TSCO	D	0.05%	0.14%	0.05%
TSLA	B	1.62%	1.78%	1.62%
TT	A	0.16%	0.47%	0.16%
TXN	C	0.33%	0.7%	0.33%
UBER	D	0.26%	0.23%	0.23%
ULTA	F	0.02%	0.09%	0.02%
UNH	C	0.95%	0.95%	0.95%
UNP	C	0.26%	0.29%	0.26%
UPS	C	0.2%	0.16%	0.16%
URI	B	0.11%	0.13%	0.11%
USB	A	0.14%	0.17%	0.14%
V	A	1.19%	1.05%	1.05%
VEEV	C	0.06%	0.11%	0.06%
VLO	C	0.08%	0.09%	0.08%
VLTO	D	0.05%	0.19%	0.05%
VRTX	F	0.22%	0.32%	0.22%
VZ	C	0.29%	0.37%	0.29%
WAT	B	0.05%	0.17%	0.05%
WDAY	B	0.12%	0.17%	0.12%
WDC	D	0.04%	0.09%	0.04%
WELL	A	0.15%	0.24%	0.15%
WFC	A	0.45%	0.13%	0.13%
WSM	B	0.02%	0.13%	0.02%
WST	C	0.04%	0.1%	0.04%
WTW	B	0.06%	0.11%	0.06%
WY	D	0.04%	0.1%	0.04%
XOM	B	0.9%	0.58%	0.58%
XYL	D	0.05%	0.22%	0.05%
ZBH	C	0.04%	0.1%	0.04%
ZTS	D	0.15%	0.34%	0.15%

RVRB Overweight 255 Positions Relative to ESGU

Symbol	Grade	Weight
WMT	A	1.23%
TMUS	B	0.46%
PM	B	0.35%
ABT	B	0.35%
TJX	A	0.25%
BSX	B	0.24%
PLTR	B	0.24%
LMT	D	0.24%
SHOP	B	0.24%
BX	A	0.23%
NKE	D	0.21%
MDT	D	0.2%
CB	C	0.2%
PH	A	0.18%
KLAC	D	0.17%
CTAS	B	0.17%
APO	B	0.17%
MO	A	0.17%
SO	D	0.17%
TD	F	0.17%
SHW	A	0.17%
WM	A	0.16%
ORLY	B	0.16%
APH	A	0.16%
MSI	B	0.16%
MDLZ	F	0.16%
ICE	C	0.16%
TDG	D	0.16%
APP	B	0.16%
ABNB	C	0.15%
DUK	C	0.15%
SPOT	B	0.15%
CRWD	B	0.15%
ITW	B	0.14%
EOG	A	0.14%
BA	F	0.14%
SCCO	F	0.14%
MAR	B	0.14%
AON	A	0.14%
COIN	C	0.13%
CSX	B	0.13%
NU	C	0.13%
EMR	A	0.13%
FTNT	C	0.13%
BDX	F	0.12%
CVS	D	0.12%
EPD	A	0.12%
RSG	A	0.12%
WMB	A	0.12%
APD	A	0.12%
DASH	A	0.12%
PSA	D	0.11%
AMP	A	0.11%
ROP	B	0.11%
PCAR	B	0.11%
FCX	D	0.11%
GM	B	0.11%
CPRT	A	0.1%
PCG	A	0.1%
MNST	C	0.1%
CHTR	C	0.1%
NSC	B	0.1%
SPG	B	0.1%
SRE	A	0.1%
ET	A	0.1%
TTD	B	0.1%
MPLX	A	0.09%
AME	A	0.09%
AIG	B	0.09%
ALL	A	0.09%
VST	B	0.09%
O	D	0.09%
AEP	D	0.09%
SQ	B	0.09%
MPC	D	0.09%
MLM	B	0.08%
STZ	D	0.08%
VRT	B	0.08%
MSCI	C	0.08%
F	C	0.08%
LHX	C	0.08%
CPNG	D	0.08%
KVUE	A	0.08%
ROST	C	0.08%
LEN	D	0.08%
WCN	A	0.08%
DDOG	A	0.08%
FAST	B	0.08%
OXY	D	0.08%
LVS	C	0.07%
CCEP	C	0.07%
GRMN	B	0.07%
MTB	A	0.07%
HSY	F	0.07%
GEHC	F	0.07%
CTVA	C	0.07%
YUM	B	0.07%
STLA	F	0.07%
OTIS	C	0.07%
XEL	A	0.07%
GLW	B	0.07%
CTSH	B	0.07%
VMC	B	0.07%
VRSK	A	0.07%
ROK	B	0.06%
WEC	A	0.06%
EBAY	D	0.06%
CCL	B	0.06%
BRO	B	0.06%
ETR	B	0.06%
DOW	F	0.06%
LYV	A	0.06%
TTWO	A	0.06%
VICI	C	0.06%
AVB	B	0.06%
NET	B	0.06%
RMD	C	0.06%
RBLX	C	0.06%
RJF	A	0.06%
EXR	D	0.06%
WAB	B	0.06%
MCHP	D	0.06%
DD	D	0.06%
DVN	F	0.05%
DTE	C	0.05%
AEE	A	0.05%
TROW	B	0.05%
CDW	F	0.05%
EXPE	B	0.05%
EQR	B	0.05%
CPAY	A	0.05%
LYB	F	0.05%
ZM	B	0.05%
HAL	C	0.05%
STT	A	0.05%
TW	A	0.05%
EFX	F	0.05%
ON	D	0.05%
DOV	A	0.05%
GPN	B	0.05%
IOT	A	0.05%
CSGP	D	0.05%
GOLD	D	0.05%
ZS	C	0.05%
ARES	A	0.05%
HUM	C	0.05%
HEI	B	0.05%
LUV	C	0.04%
VRSN	F	0.04%
CFG	B	0.04%
ILMN	D	0.04%
INVH	D	0.04%
AER	B	0.04%
MPWR	F	0.04%
ATO	A	0.04%
CINF	A	0.04%
TYL	B	0.04%
BAH	F	0.04%
TSN	B	0.04%
GFS	C	0.04%
EL	F	0.04%
STM	F	0.04%
FE	C	0.04%
AWK	D	0.04%
PHG	D	0.04%
CQP	B	0.04%
WBD	C	0.04%
RF	A	0.04%
PPL	B	0.04%
VTR	C	0.04%
ROL	B	0.04%
DKS	C	0.03%
AVY	D	0.03%
ICLR	D	0.03%
ERIE	D	0.03%
TXT	D	0.03%
ALGN	D	0.03%
BAX	D	0.03%
CSL	C	0.03%
UAL	A	0.03%
DG	F	0.03%
MAA	B	0.03%
MAS	D	0.03%
TDY	B	0.03%
CVNA	B	0.03%
CRBG	B	0.03%
GPC	D	0.03%
L	A	0.03%
DRI	B	0.03%
WLK	D	0.03%
OMC	C	0.03%
WSO	A	0.03%
PINS	D	0.03%
TER	D	0.03%
CHKP	D	0.03%
CTRA	B	0.03%
DKNG	B	0.03%
MT	B	0.03%
CNP	B	0.03%
ARE	D	0.03%
BLDR	D	0.03%
PKG	A	0.02%
YUMC	C	0.02%
WRB	A	0.02%
SNAP	C	0.02%
KEY	B	0.02%
CF	B	0.02%
JBL	B	0.02%
CHWY	B	0.02%
PODD	C	0.02%
BURL	A	0.02%
NRG	B	0.02%
ESS	B	0.02%
RS	B	0.02%
LPLA	A	0.02%
SW	A	0.02%
SMCI	F	0.02%
EG	C	0.02%
SUI	D	0.02%
AMCR	D	0.02%
APTV	D	0.02%
HOOD	B	0.02%
CELH	F	0.01%
IEP	F	0.01%
ETSY	D	0.01%
MOS	F	0.01%
WBA	F	0.01%
SJM	D	0.01%
FMC	D	0.01%
U	C	0.01%
ENPH	F	0.01%
AAL	B	0.01%
AES	F	0.01%
SIRI	C	0.01%
RIVN	F	0.01%
CE	F	0.01%
MGM	D	0.01%
EXAS	D	0.01%
RPRX	D	0.01%
OKTA	C	0.01%
LW	C	0.01%
WPC	D	0.01%
SWKS	F	0.01%
AGR	B	0.01%
CAG	D	0.01%
BSY	D	0.01%
BMRN	D	0.01%
ALB	C	0.01%
DT	C	0.01%
PAYC	B	0.01%
RVTY	F	0.01%
INCY	C	0.01%
WMG	C	0.01%
FTRE	D	0.0%
LCID	F	0.0%

RVRB Underweight 29 Positions Relative to ESGU

Symbol	Grade	Weight
GOOG	C	-2.34%
OKE	A	-0.39%
CRH	A	-0.39%
NI	A	-0.38%
PNR	A	-0.32%
SYF	B	-0.22%
FERG	B	-0.2%
DECK	A	-0.2%
CHRW	C	-0.2%
TAP	C	-0.19%
COO	D	-0.17%
TWLO	A	-0.15%
OVV	B	-0.14%
EME	C	-0.13%
LII	A	-0.13%
AIZ	A	-0.12%
ACGL	D	-0.12%
EIX	B	-0.11%
OC	A	-0.11%
JNPR	F	-0.1%
POOL	C	-0.1%
FBIN	D	-0.1%
SLB	C	-0.1%
DVA	B	-0.1%
WTRG	B	-0.09%
PARA	C	-0.09%
TFX	F	-0.08%
IPG	D	-0.08%
HII	D	-0.07%