SOVF vs. KIE ETF Comparison

Comparison of Sovereign's Capital Flourish Fund (SOVF) to SPDR S&P Insurance ETF (KIE)

SOVF

Sovereign's Capital Flourish Fund

SOVF Description

The fund invests primarily in common stock of publicly traded U.S. companies that are selected by the fund's investment adviser. The Adviser employs an active management strategy in seeking to achieve the fund"s objective.

Grade (RS Rating)

Last Trade

$32.27

Average Daily Volume

12,200

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KIE

SPDR S&P Insurance ETF

KIE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. In seeking to track the performance of the S&P Insurance 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 insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.36

Average Daily Volume

1,053,719

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SOVF	KIE
30 Days	5.98%	5.16%
60 Days	5.98%	7.23%
90 Days	5.25%	9.79%
12 Months	24.72%	36.80%

6 Overlapping Holdings

Symbol	Grade	Weight in SOVF	Weight in KIE	Overlap
AFG	A	2.27%	1.97%	1.97%
AJG	A	1.49%	1.85%	1.49%
ERIE	D	0.76%	1.45%	0.76%
GSHD	A	1.97%	2.49%	1.97%
PGR	A	2.01%	1.88%	1.88%
PRI	B	2.53%	2.17%	2.17%

SOVF Overweight 73 Positions Relative to KIE

Symbol	Grade	Weight
LOPE	C	2.75%
NSP	F	2.71%
COKE	C	2.53%
EEFT	B	2.47%
RPAY	D	2.47%
FOLD	F	2.45%
DAVA	C	2.41%
DIOD	D	2.25%
LCII	C	2.23%
ALKT	B	2.01%
MOH	F	1.97%
PAYC	B	1.96%
BIGC	B	1.95%
CBRE	B	1.76%
OPCH	D	1.74%
NHC	C	1.72%
PCTY	C	1.71%
QCOM	F	1.52%
RJF	A	1.52%
FI	A	1.51%
APG	B	1.5%
PX	A	1.5%
QRVO	F	1.49%
TSN	B	1.49%
BDX	F	1.48%
KFY	B	1.48%
ARMK	B	1.47%
COLM	C	1.46%
MLR	C	1.26%
PPC	C	1.25%
HRB	D	1.25%
FANG	C	1.22%
SMCI	F	1.22%
VRRM	F	1.21%
DVN	F	1.2%
APA	D	1.19%
VST	A	1.04%
ADV	D	1.03%
ITT	A	1.01%
INTC	C	1.01%
AZZ	A	1.01%
LECO	C	1.0%
NEE	C	1.0%
GEF	A	0.99%
SITE	F	0.98%
CSCO	B	0.75%
SCHW	B	0.75%
UPS	C	0.75%
PLOW	D	0.74%
ANET	C	0.74%
KFRC	D	0.74%
TFIN	B	0.74%
HCSG	C	0.62%
NTAP	C	0.51%
RMD	C	0.51%
JJSF	C	0.51%
CPRT	B	0.5%
ADP	A	0.5%
FAST	B	0.5%
JBHT	C	0.5%
ORLY	B	0.5%
SPTN	D	0.5%
SBAC	D	0.5%
SPSC	D	0.5%
SAIC	F	0.5%
USFD	A	0.5%
CSWI	B	0.5%
WCN	A	0.5%
HUBS	A	0.49%
IEX	C	0.49%
CPT	B	0.49%
WMT	A	0.49%
NEO	C	0.48%

SOVF Underweight 44 Positions Relative to KIE

Symbol	Grade	Weight
UNM	A	-2.45%
BHF	C	-2.23%
LNC	C	-2.21%
KMPR	A	-2.2%
CNO	B	-2.2%
RLI	A	-2.15%
AGO	B	-2.13%
AIZ	A	-2.09%
WTM	A	-2.08%
THG	A	-2.07%
RYAN	A	-2.06%
CINF	A	-2.05%
AXS	A	-2.04%
MKL	A	-2.04%
SIGI	C	-2.03%
PRU	A	-2.02%
AON	A	-2.02%
WTW	B	-2.02%
MET	A	-2.02%
GNW	A	-2.02%
TRV	B	-2.01%
RGA	A	-2.0%
ORI	A	-1.99%
PFG	D	-1.98%
BRO	B	-1.98%
L	A	-1.97%
GL	C	-1.96%
ALL	A	-1.94%
AIG	B	-1.93%
WRB	A	-1.91%
KNSL	B	-1.9%
FNF	B	-1.88%
ESGR	B	-1.88%
HIG	B	-1.88%
AFL	B	-1.88%
CB	C	-1.85%
RNR	C	-1.85%
FAF	A	-1.82%
MMC	B	-1.8%
EG	C	-1.78%
PLMR	A	-1.75%
ACGL	C	-1.66%
STC	B	-1.38%
OSCR	D	-1.33%