SMRI vs. SPGP ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to Invesco S&P 500 GARP ETF (SPGP)

SMRI

Bushido Capital US Equity ETF

SMRI Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in U.S. listed common stock.

Grade (RS Rating)

Last Trade

$33.54

Average Daily Volume

5,628

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPGP

Invesco S&P 500 GARP ETF

SPGP Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 GARP Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 75 growth stocks in the S&P 500 that exhibit quality characteristics and have attractive valuation.

Grade (RS Rating)

Last Trade

$111.19

Average Daily Volume

231,624

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	SPGP
30 Days	10.48%	6.49%
60 Days	9.99%	7.07%
90 Days	11.21%	7.20%
12 Months	34.42%	21.29%

16 Overlapping Holdings

Symbol	Grade	Weight in SMRI	Weight in SPGP	Overlap
CVX	A	2.04%	1.62%	1.62%
DAL	C	2.56%	2.35%	2.35%
DVN	F	1.78%	0.96%	0.96%
EG	C	1.97%	0.99%	0.99%
EOG	A	1.97%	2.32%	1.97%
FANG	D	1.84%	1.51%	1.51%
HPE	B	2.1%	0.83%	0.83%
JBL	B	2.11%	1.59%	1.59%
LEN	D	1.71%	0.98%	0.98%
MOH	F	1.64%	1.03%	1.03%
MPC	D	1.79%	1.83%	1.79%
NUE	C	1.81%	1.56%	1.56%
PCAR	B	2.16%	1.33%	1.33%
PHM	D	1.68%	1.18%	1.18%
VLO	C	1.94%	1.97%	1.94%
XOM	B	1.91%	1.45%	1.45%

SMRI Overweight 34 Positions Relative to SPGP

Symbol	Grade	Weight
APP	B	4.07%
DOCU	A	2.55%
MCK	B	2.34%
EXPE	B	2.33%
SNA	A	2.33%
VST	B	2.32%
EPAM	C	2.28%
BKNG	A	2.22%
ZM	B	2.2%
EME	C	2.14%
GEN	B	2.07%
OC	A	2.07%
CAH	B	2.04%
FFIV	B	2.03%
PYPL	B	2.03%
PAYX	C	2.03%
COR	B	2.0%
UTHR	C	2.0%
NRG	B	1.93%
ABNB	C	1.91%
BWA	D	1.89%
SLB	C	1.87%
QCOM	F	1.81%
LKQ	D	1.79%
NTAP	C	1.79%
NVR	D	1.76%
CI	F	1.71%
BLD	D	1.68%
BG	F	1.68%
AMGN	D	1.68%
WSM	B	1.59%
MRK	F	1.58%
CNC	D	1.46%
ELV	F	1.43%

SMRI Underweight 58 Positions Relative to SPGP

Symbol	Grade	Weight
UAL	A	-3.16%
NVDA	C	-2.53%
STLD	B	-2.05%
ANET	C	-2.03%
TJX	A	-1.97%
COP	C	-1.94%
PAYC	B	-1.93%
MRO	B	-1.83%
DFS	B	-1.82%
ROST	C	-1.69%
OKE	A	-1.67%
ULTA	F	-1.64%
SYF	B	-1.63%
PANW	C	-1.57%
LULU	C	-1.52%
BLDR	D	-1.52%
CF	B	-1.48%
PSX	C	-1.44%
TPR	B	-1.38%
COF	B	-1.36%
CTRA	B	-1.35%
DE	A	-1.34%
CAT	B	-1.33%
NXPI	D	-1.32%
IT	C	-1.31%
GPC	D	-1.28%
DHI	D	-1.26%
SYY	B	-1.24%
ACGL	D	-1.16%
MA	C	-1.16%
GWW	B	-1.13%
L	A	-1.13%
AMP	A	-1.12%
APA	D	-1.11%
BRK.A	B	-1.1%
DECK	A	-1.1%
ODFL	B	-1.09%
ON	D	-1.09%
INCY	C	-1.09%
WRB	A	-1.04%
META	D	-1.04%
KLAC	D	-1.03%
GOOG	C	-1.03%
CPRT	A	-1.0%
MOS	F	-0.98%
CB	C	-0.95%
V	A	-0.92%
AAPL	C	-0.87%
MLM	B	-0.83%
HAL	C	-0.82%
VRTX	F	-0.81%
LRCX	F	-0.8%
OXY	D	-0.79%
LW	C	-0.76%
AMAT	F	-0.75%
ADM	D	-0.7%
MCHP	D	-0.65%
CE	F	-0.57%