SMCO vs. QTUM ETF Comparison

Comparison of Hilton Small-MidCap Opportunity ETF (SMCO) to Defiance Quantum ETF (QTUM)

SMCO

Hilton Small-MidCap Opportunity ETF

SMCO Description

The Sub-Adviser uses its proprietary Small & Mid Cap Opportunities investment process ("SMCO Process") to seek risk-adjusted returns by investing in U.S. equity securities within the small- and mid-cap asset classes. The fund"s portfolio will typically consist of between 50-75 stocks. The fund"s portfolio will consistently consist of stocks that the Sub-Adviser deems fundamentally attractive and reasonably valued. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in equity securities of small- and mid-capitalization companies.

Grade (RS Rating)

Last Trade

$27.25

Average Daily Volume

7,616

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QTUM

Defiance Quantum ETF

QTUM Description

The investment seeks to track the total return performance, before fees and expenses, of the BlueStar Quantum Computing and Machine Learning Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index consists of a modified equal-weighted portfolio of the stock of companies whose products or services are predominantly tied to the development of quantum computing and machine learning technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$68.05

Average Daily Volume

47,141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMCO	QTUM
30 Days	8.54%	7.11%
60 Days	9.80%	7.96%
90 Days	13.14%	11.46%
12 Months		36.93%

2 Overlapping Holdings

	Symbol	Grade	Weight in SMCO	Weight in QTUM	Overlap
	BAH	F	1.54%	1.31%	1.31%
	MKSI	C	1.5%	1.1%	1.1%

SMCO Overweight 59 Positions Relative to QTUM

Symbol	Grade	Weight
KD	A	2.92%
CLH	B	2.78%
HLI	A	2.67%
PRIM	B	2.6%
DY	D	2.48%
EME	B	2.47%
LYV	B	2.47%
CFR	B	2.17%
MGNI	B	2.17%
CBU	B	2.14%
EQT	B	2.08%
RL	B	2.06%
NVT	B	1.97%
TDY	B	1.94%
MC	B	1.91%
SAIA	B	1.91%
BWXT	B	1.78%
MTSI	B	1.75%
CBSH	B	1.75%
BURL	B	1.72%
CYBR	A	1.68%
CIEN	B	1.66%
PLNT	A	1.64%
CMC	B	1.59%
J	D	1.58%
BJ	B	1.57%
IDA	C	1.56%
VVV	F	1.52%
RNR	C	1.51%
SFM	A	1.45%
RS	B	1.43%
BR	A	1.43%
COLD	D	1.42%
ENTG	D	1.42%
TECH	C	1.34%
IRT	B	1.3%
DBRG	F	1.28%
SNX	C	1.27%
POOL	C	1.21%
ATR	B	1.18%
STE	F	1.17%
CRL	D	1.17%
SMPL	B	1.16%
DOX	D	1.15%
LSTR	C	1.13%
CWEN	C	1.12%
TENB	C	1.11%
CTRA	B	1.1%
CMS	B	1.04%
WST	C	1.02%
ARES	A	1.0%
TFX	F	0.92%
HP	C	0.91%
ASH	F	0.91%
MGY	B	0.9%
ICFI	F	0.77%
REXR	F	0.76%
ARE	D	0.75%
ELF	C	0.74%

SMCO Underweight 48 Positions Relative to QTUM

Symbol	Grade	Weight
MSTR	C	-4.52%
QBTS	C	-2.48%
COHR	C	-2.03%
RGTI	C	-2.03%
RDNT	C	-1.84%
IBM	C	-1.75%
ACN	B	-1.73%
WIT	A	-1.7%
MRVL	B	-1.69%
LMT	D	-1.61%
NVDA	C	-1.61%
NOC	D	-1.59%
BABA	D	-1.54%
NOK	D	-1.54%
RTX	D	-1.54%
HON	B	-1.5%
TSM	D	-1.5%
HPE	B	-1.4%
JNPR	F	-1.39%
TXN	D	-1.38%
GOOGL	C	-1.37%
CDNS	B	-1.35%
ABBV	D	-1.32%
MSFT	C	-1.3%
SNPS	B	-1.27%
BIDU	F	-1.27%
TDC	D	-1.23%
ON	D	-1.22%
ADI	D	-1.22%
AMD	F	-1.19%
NVEC	F	-1.18%
CRUS	D	-1.12%
LSCC	D	-1.11%
NXPI	D	-1.08%
INTC	D	-1.08%
ESTC	C	-1.07%
SYNA	C	-1.05%
KLAC	D	-1.03%
ONTO	F	-1.0%
QCOM	F	-0.99%
AMAT	F	-0.99%
MU	D	-0.97%
FORM	F	-0.96%
TER	D	-0.96%
MCHP	D	-0.95%
LRCX	D	-0.93%
ASML	F	-0.85%
STM	F	-0.75%