SOVF vs. SMRI ETF Comparison

Comparison of Sovereign's Capital Flourish Fund (SOVF) to Bushido Capital US Equity ETF (SMRI)

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

$32.86

Average Daily Volume

12,545

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	SOVF	SMRI
30 Days	8.63%	10.48%
60 Days	7.86%	9.99%
90 Days	7.17%	11.21%
12 Months	27.00%	34.42%

6 Overlapping Holdings

Symbol	Grade	Weight in SOVF	Weight in SMRI	Overlap
DVN	F	1.2%	1.78%	1.2%
FANG	D	1.22%	1.84%	1.22%
MOH	F	1.97%	1.64%	1.64%
NTAP	C	0.51%	1.79%	0.51%
QCOM	F	1.52%	1.81%	1.52%
VST	B	1.04%	2.32%	1.04%

SOVF Overweight 73 Positions Relative to SMRI

Symbol	Grade	Weight
LOPE	B	2.75%
NSP	D	2.71%
PRI	A	2.53%
COKE	C	2.53%
EEFT	B	2.47%
RPAY	D	2.47%
FOLD	F	2.45%
DAVA	C	2.41%
AFG	A	2.27%
DIOD	D	2.25%
LCII	C	2.23%
PGR	A	2.01%
ALKT	B	2.01%
GSHD	A	1.97%
PAYC	B	1.96%
BIGC	C	1.95%
CBRE	B	1.76%
OPCH	D	1.74%
NHC	C	1.72%
PCTY	B	1.71%
RJF	A	1.52%
FI	A	1.51%
APG	B	1.5%
PX	A	1.5%
QRVO	F	1.49%
AJG	B	1.49%
TSN	B	1.49%
BDX	F	1.48%
KFY	B	1.48%
ARMK	B	1.47%
COLM	B	1.46%
MLR	B	1.26%
PPC	C	1.25%
HRB	D	1.25%
SMCI	F	1.22%
VRRM	D	1.21%
APA	D	1.19%
ADV	D	1.03%
ITT	A	1.01%
INTC	D	1.01%
AZZ	B	1.01%
LECO	B	1.0%
NEE	D	1.0%
GEF	A	0.99%
SITE	D	0.98%
ERIE	D	0.76%
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	A	0.74%
HCSG	C	0.62%
RMD	C	0.51%
JJSF	B	0.51%
CPRT	A	0.5%
ADP	B	0.5%
FAST	B	0.5%
JBHT	C	0.5%
ORLY	B	0.5%
SPTN	D	0.5%
SBAC	D	0.5%
SPSC	C	0.5%
SAIC	F	0.5%
USFD	A	0.5%
CSWI	A	0.5%
WCN	A	0.5%
HUBS	A	0.49%
IEX	B	0.49%
CPT	B	0.49%
WMT	A	0.49%
NEO	C	0.48%

SOVF Underweight 44 Positions Relative to SMRI

Symbol	Grade	Weight
APP	B	-4.07%
DAL	C	-2.56%
DOCU	A	-2.55%
MCK	B	-2.34%
EXPE	B	-2.33%
SNA	A	-2.33%
EPAM	C	-2.28%
BKNG	A	-2.22%
ZM	B	-2.2%
PCAR	B	-2.16%
EME	C	-2.14%
JBL	B	-2.11%
HPE	B	-2.1%
GEN	B	-2.07%
OC	A	-2.07%
CAH	B	-2.04%
CVX	A	-2.04%
FFIV	B	-2.03%
PYPL	B	-2.03%
PAYX	C	-2.03%
COR	B	-2.0%
UTHR	C	-2.0%
EG	C	-1.97%
EOG	A	-1.97%
VLO	C	-1.94%
NRG	B	-1.93%
ABNB	C	-1.91%
XOM	B	-1.91%
BWA	D	-1.89%
SLB	C	-1.87%
NUE	C	-1.81%
LKQ	D	-1.79%
MPC	D	-1.79%
NVR	D	-1.76%
CI	F	-1.71%
LEN	D	-1.71%
BLD	D	-1.68%
BG	F	-1.68%
AMGN	D	-1.68%
PHM	D	-1.68%
WSM	B	-1.59%
MRK	F	-1.58%
CNC	D	-1.46%
ELV	F	-1.43%