SBIO vs. CBLS ETF Comparison

Comparison of ALPS Medical Breakthroughs ETF (SBIO) to Changebridge Capital Long/Short Equity ETF (CBLS)
SBIO

ALPS Medical Breakthroughs ETF

SBIO Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Poliwogg Medical Breakthroughs IndexSM. The fund employs a "passive management" - or indexing - investment approach designed to track the performance of the underlying index. It will normally invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index is comprised of small- and mid-cap stocks of biotechnology and pharmaceutical companies that have one or more drugs in either Phase II or Phase III U.S. Food and Drug Administration clinical trials. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.86

Average Daily Volume

12,110

Number of Holdings *

84

* may have additional holdings in another (foreign) market
CBLS

Changebridge Capital Long/Short Equity ETF

CBLS Description The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.77

Average Daily Volume

4,202

Number of Holdings *

75

* may have additional holdings in another (foreign) market
Performance
Period SBIO CBLS
30 Days -7.38% -0.74%
60 Days -10.55% 3.75%
90 Days -2.76% 8.86%
12 Months 7.15% 9.83%
0 Overlapping Holdings
Symbol Grade Weight in SBIO Weight in CBLS Overlap
SBIO Overweight 84 Positions Relative to CBLS
Symbol Grade Weight
CERE C 5.04%
VKTX D 4.79%
PCVX D 4.53%
RVMD B 4.01%
ALPN A 2.84%
ALKS D 2.67%
CRNX B 2.28%
AXSM D 2.19%
SWTX C 2.15%
XENE F 2.1%
IDYA D 2.04%
ACLX D 1.96%
ACAD F 1.89%
IMCR D 1.79%
SMMT D 1.67%
CLDX D 1.67%
CORT F 1.63%
DNLI F 1.62%
MRUS C 1.57%
VERA D 1.57%
RYTM C 1.56%
VCEL D 1.54%
ARVN D 1.53%
NTLA F 1.41%
KROS D 1.4%
GLPG F 1.31%
GERN B 1.31%
RNA A 1.28%
CPRX D 1.23%
SNDX D 1.22%
INBX D 1.1%
AGIO A 1.09%
EWTX C 1.04%
PTGX D 1.02%
RCUS F 0.97%
ZLAB F 0.96%
KURA C 0.95%
MORF F 0.94%
FDMT D 0.9%
TARS B 0.88%
VRNA F 0.88%
DAWN C 0.86%
IRWD D 0.83%
AKRO F 0.82%
DCPH D 0.81%
XNCR F 0.78%
PRTA F 0.77%
VIR F 0.76%
MIRM F 0.75%
MNKD C 0.74%
MGNX D 0.7%
LQDA D 0.69%
VRDN F 0.64%
BCRX F 0.64%
MDXG D 0.62%
ZNTL F 0.61%
ETNB F 0.59%
SPRY B 0.59%
OPK C 0.57%
PLRX F 0.54%
ARCT F 0.54%
IRON F 0.49%
AUPH F 0.49%
KNSA C 0.47%
SVRA D 0.47%
AVTE D 0.44%
ALLO F 0.4%
OLMA F 0.4%
CMPS F 0.38%
ANAB F 0.38%
ALEC F 0.34%
MLYS D 0.33%
FULC D 0.31%
TVTX F 0.31%
REPL F 0.3%
BMEA F 0.29%
ITOS F 0.27%
AURA F 0.24%
AVXL F 0.23%
ENTA D 0.22%
INZY F 0.2%
RAPT F 0.19%
VNDA B 0.16%
RPHM D 0.04%
SBIO Underweight 75 Positions Relative to CBLS
Symbol Grade Weight
FCX B -3.14%
TMDX B -2.49%
ASML D -2.48%
AAPL F -2.47%
LRCX D -2.46%
MSFT D -2.44%
MU B -2.43%
AVGO D -2.41%
FANG A -2.41%
STRL C -2.38%
EG D -2.37%
DXCM A -2.19%
DKNG D -2.18%
SN A -2.17%
SKY D -2.14%
ECL C -2.09%
IBN A -2.06%
ICFI C -2.04%
TCOM A -2.0%
PANW B -1.99%
TDG A -1.87%
BKNG C -1.86%
RTX A -1.85%
NOC A -1.84%
HUMA B -1.82%
CHK A -1.81%
GD B -1.8%
BLBD B -1.76%
NARI F -1.76%
WTTR A -1.72%
RIG B -1.72%
NFE F -1.72%
NU D -1.7%
GTLS A -1.67%
FTI A -1.65%
ERJ A -1.57%
MMYT A -1.43%
HLX B -1.35%
AVY C --0.77%
ENR C --0.81%
TECH F --0.84%
CHH D --0.9%
BXP B --0.92%
HOG C --0.95%
LOW C --0.96%
BBY D --0.97%
DOOO B --0.97%
F B --0.98%
WSM A --0.99%
LULU D --1.01%
DECK C --1.01%
YETI F --1.01%
GM A --1.01%
ONON D --1.01%
HELE F --1.02%
BALL A --1.03%
EWBC B --1.03%
ZION B --1.04%
WAL B --1.04%
CMA A --1.06%
MTB A --1.06%
POOL C --1.09%
SEDG F --1.09%
ENPH F --1.19%
UTHR A --1.25%
PAYX B --1.25%
MPW B --1.34%
FIGS D --1.35%
BC C --1.41%
TSLA D --1.43%
BGFV F --1.45%
LAD F --1.46%
SOFI D --1.62%
IBM C --2.28%
INTC F --2.28%
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