SRHQ vs. FMCX ETF Comparison

Comparison of SRH U.S. Quality ETF (SRHQ) to FMC Excelsior Focus Equity ETF (FMCX)

SRHQ

SRH U.S. Quality ETF

SRHQ Description

SRH U.S. Quality ETF is an exchange traded fund launched and managed by Paralel Advisors LLC. The fund is co-managed by Vident Investment Advisory, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the SRH U.S. Quality Index, by using full replication technique. SRH U.S. Quality ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$38.27

Average Daily Volume

7,828

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.80

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SRHQ	FMCX
30 Days	1.97%	0.15%
60 Days	3.29%	2.99%
90 Days	4.71%	6.20%
12 Months	28.89%	25.02%

5 Overlapping Holdings

Symbol	Grade	Weight in SRHQ	Weight in FMCX	Overlap
CMCSA	B	1.5%	1.13%	1.13%
GDDY	A	2.36%	4.98%	2.36%
KEYS	A	1.46%	1.06%	1.06%
PYPL	B	1.91%	3.9%	1.91%
UNH	B	1.8%	6.84%	1.8%

SRHQ Overweight 56 Positions Relative to FMCX

Symbol	Grade	Weight
CNX	A	2.49%
UTHR	C	2.37%
FOXA	A	2.2%
EME	A	2.16%
COKE	C	2.16%
CBRE	B	2.06%
AIT	B	2.05%
G	B	2.05%
CIEN	C	2.04%
JLL	D	2.03%
EXTR	C	2.01%
NDAQ	A	1.91%
AVGO	D	1.89%
LDOS	C	1.83%
BOX	B	1.81%
TPR	B	1.8%
CPAY	A	1.79%
CACI	D	1.79%
FHI	B	1.77%
OC	A	1.77%
SLGN	A	1.69%
CBOE	C	1.69%
NVR	D	1.67%
EXP	B	1.67%
LH	B	1.65%
IT	C	1.65%
IRDM	D	1.65%
DBX	B	1.64%
CAH	B	1.63%
ORLY	B	1.63%
HD	B	1.62%
ENS	F	1.54%
AZO	C	1.52%
COR	B	1.51%
MAS	D	1.48%
JBL	C	1.45%
ESNT	F	1.42%
FUL	F	1.41%
EEFT	B	1.4%
DXC	B	1.4%
UPS	C	1.38%
J	D	1.38%
CAG	F	1.36%
TGT	F	1.34%
QLYS	B	1.3%
TKR	D	1.29%
ASGN	F	1.24%
NSIT	F	1.22%
CACC	D	1.22%
AKAM	D	1.2%
HUM	C	1.18%
ELV	F	1.17%
HII	F	1.02%
PII	F	1.01%
NSP	F	1.01%
TNET	F	1.0%

SRHQ Underweight 47 Positions Relative to FMCX

Symbol	Grade	Weight
AAPL	C	-6.93%
KKR	A	-6.14%
IAC	F	-5.35%
AMZN	C	-5.01%
MSFT	D	-4.79%
LBRDK	C	-4.24%
LSXMK	D	-4.22%
GGG	B	-3.98%
MTCH	D	-3.18%
LSXMA	D	-1.79%
GOOGL	C	-1.77%
LBRDA	C	-1.74%
PG	C	-1.3%
PM	B	-1.21%
YUM	D	-1.18%
MCD	D	-1.12%
AMGN	F	-1.11%
VUSB	A	-0.92%
ICSH	A	-0.92%
GILD	C	-0.87%
CL	D	-0.85%
MO	A	-0.84%
ENTG	D	-0.82%
ARWR	D	-0.72%
NKE	F	-0.68%
HON	C	-0.6%
DHR	F	-0.55%
GOOG	C	-0.5%
BAX	F	-0.47%
YUMC	C	-0.42%
MUSA	B	-0.4%
SPGI	C	-0.37%
MTX	B	-0.33%
KEX	B	-0.33%
EQR	C	-0.3%
JPM	A	-0.3%
MUR	D	-0.25%
V	A	-0.21%
FWONK	A	-0.21%
BKNG	A	-0.19%
FLWS	D	-0.15%
GD	D	-0.13%
BATRK	D	-0.11%
PNR	A	-0.1%
FWONA	A	-0.05%
VMEO	B	-0.03%
BATRA	F	-0.02%