SMH vs. DARP ETF Comparison

Comparison of Market Vectors Semiconductor ETF (SMH) to Grizzle Growth ETF (DARP)

SMH

Market Vectors Semiconductor ETF

SMH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Semiconductor 25 Index (the "Semiconductor Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Semiconductor Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$246.10

Average Daily Volume

5,987,944

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DARP

Grizzle Growth ETF

DARP Description

The fund is an actively managed exchange-traded fund ("ETF") that invests primarily in equity securities of companies, with a focus on growth, innovation and disruption. The fund seeks to identify future leaders in the following overarching key growth themes including, but not limited to: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.45

Average Daily Volume

1,075

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMH	DARP
30 Days	-2.22%	0.57%
60 Days	3.45%	9.63%
90 Days	-0.92%	7.56%
12 Months	51.80%	30.76%

5 Overlapping Holdings

Symbol	Grade	Weight in SMH	Weight in DARP	Overlap
AMAT	F	3.99%	0.87%	0.87%
ASML	F	4.02%	2.82%	2.82%
MU	D	3.91%	5.14%	3.91%
NVDA	B	23.17%	21.66%	21.66%
TSM	B	13.2%	3.45%	3.45%

SMH Overweight 20 Positions Relative to DARP

Symbol	Grade	Weight
AVGO	D	7.69%
AMD	F	4.48%
TXN	C	4.45%
QCOM	F	4.3%
INTC	C	4.15%
ADI	D	3.77%
LRCX	F	3.53%
KLAC	F	3.21%
SNPS	B	3.14%
CDNS	B	3.03%
MRVL	B	2.53%
NXPI	D	1.82%
MCHP	F	1.3%
MPWR	F	0.98%
ON	D	0.88%
STM	F	0.78%
TER	F	0.58%
SWKS	F	0.5%
OLED	F	0.3%
QRVO	F	0.23%

SMH Underweight 19 Positions Relative to DARP

Symbol	Grade	Weight
MSFT	D	-7.71%
AAPL	C	-7.16%
GOOGL	C	-6.01%
META	D	-5.4%
AMZN	C	-4.21%
RRC	B	-2.96%
TSLA	B	-2.9%
VRT	B	-2.76%
NEE	C	-2.2%
TWLO	A	-1.53%
AR	B	-1.51%
TTD	B	-1.3%
CIFR	C	-1.02%
ABNB	C	-0.99%
TT	A	-0.91%
EU	D	-0.89%
BTBT	C	-0.86%
PANW	B	-0.52%
CMPS	F	-0.37%