SMRI vs. XHS ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to SPDR S&P Health Care Services ETF (XHS)

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

$30.57

Average Daily Volume

8,119

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XHS

SPDR S&P Health Care Services ETF

XHS Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care providers and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care services industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$96.28

Average Daily Volume

5,156

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	XHS
30 Days	1.73%	-1.78%
60 Days	2.99%	-1.93%
90 Days	7.73%	7.22%
12 Months	25.06%	15.00%

4 Overlapping Holdings

Symbol	Grade	Weight in SMRI	Weight in XHS	Overlap
CAH	C	2.27%	2.22%	2.22%
CNC	D	2.35%	2.2%	2.2%
ELV	D	2.12%	2.02%	2.02%
MOH	D	2.34%	2.29%	2.29%

SMRI Overweight 6 Positions Relative to XHS

Symbol	Grade	Weight
PYPL	B	2.31%
ZM	C	2.22%
LMT	A	2.2%
FOXA	B	2.15%
GILD	B	2.13%
SSNC	C	2.12%

SMRI Underweight 52 Positions Relative to XHS

Symbol	Grade	Weight
SGRY	D	-2.66%
ENSG	D	-2.57%
UHS	C	-2.54%
THC	C	-2.43%
HCA	B	-2.4%
RDNT	B	-2.39%
ACHC	D	-2.38%
UNH	C	-2.33%
DVA	B	-2.32%
RCM	C	-2.27%
OPCH	C	-2.27%
DGX	B	-2.26%
PRVA	F	-2.23%
PINC	D	-2.22%
HSIC	C	-2.21%
EHC	B	-2.19%
CHE	C	-2.18%
CI	C	-2.15%
AMED	D	-2.13%
SEM	D	-2.1%
PDCO	F	-1.98%
CVS	D	-1.95%
HQY	C	-1.91%
ADUS	C	-1.86%
HUM	F	-1.75%
MCK	F	-1.73%
GH	F	-1.69%
OMI	D	-1.68%
AMN	F	-1.67%
NEO	F	-1.65%
BKD	D	-1.58%
HIMS	D	-1.43%
CRVL	B	-1.33%
PGNY	F	-1.23%
LFST	C	-1.21%
AHCO	C	-1.2%
MD	C	-1.17%
AGL	F	-1.13%
OPK	D	-1.07%
CYH	C	-1.01%
ASTH	B	-0.98%
PETQ	B	-0.86%
CSTL	D	-0.86%
ALHC	C	-0.8%
NHC	D	-0.79%
USPH	F	-0.78%
CCRN	F	-0.72%
PNTG	C	-0.71%
FLGT	F	-0.58%
ACCD	F	-0.45%
MODV	F	-0.3%
NRC	D	-0.23%