STNC vs. FPAG ETF Comparison

Comparison of Stance Equity ESG Large Cap Core ETF (STNC) to FPA Global Equity ETF (FPAG)

STNC

Stance Equity ESG Large Cap Core ETF

STNC Description

The Fund is an actively managed exchange-traded fund (“ETF”) that will invest, under normal circumstances at least 80% of the value of its net assets (plus the amount of any borrowings for investment purposes) in exchange-traded equity securities of U.S. large capitalization issuers that meet environmental, social, and governance (“ESG”) standards, as determined and in the sole discretion of Stance Capital, LLC. The Fund currently considers companies within the Russell 1000® Index and S&P 500® Index to be large capitalization issuers.

Grade (RS Rating)

Last Trade

$29.00

Average Daily Volume

9,166

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.41

Average Daily Volume

18,650

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	STNC	FPAG
30 Days	-3.36%	-0.92%
60 Days	-1.29%	1.99%
90 Days	1.72%	4.73%
12 Months	11.36%	27.50%

4 Overlapping Holdings

Symbol	Grade	Weight in STNC	Weight in FPAG	Overlap
AON	F	3.66%	2.69%	2.69%
AVGO	D	4.04%	2.26%	2.26%
GOOGL	A	3.43%	6.38%	3.43%
NFLX	D	1.98%	0.66%	0.66%

STNC Overweight 31 Positions Relative to FPAG

Symbol	Grade	Weight
GE	A	4.53%
BRO	C	4.02%
TDG	A	4.01%
GWW	D	3.8%
CI	C	3.75%
HLT	D	3.73%
MA	D	3.68%
MSFT	C	3.67%
MKC	B	3.6%
ELV	B	3.46%
V	D	3.44%
REGN	B	3.41%
SNA	D	3.32%
AFL	B	3.25%
HPQ	D	3.22%
CNC	C	3.21%
T	C	3.2%
PSA	D	3.12%
MMC	D	3.03%
AAPL	C	2.99%
NKE	F	2.89%
CTSH	F	2.85%
APH	A	2.49%
ADM	D	2.14%
CSX	D	1.51%
OTIS	D	1.32%
AVY	A	1.2%
DHR	C	0.75%
LOW	D	0.27%
TXN	A	0.26%
A	C	0.21%

STNC Underweight 21 Positions Relative to FPAG

Symbol	Grade	Weight
META	D	-5.35%
ADI	A	-5.13%
C	A	-4.88%
CMCSA	F	-4.78%
TEL	C	-4.58%
GOOG	A	-4.17%
IFF	B	-3.84%
WFC	B	-3.66%
AMZN	A	-3.39%
NXPI	A	-2.21%
KMX	F	-1.85%
CHTR	F	-1.75%
KMI	A	-1.72%
MAR	D	-1.69%
FE	A	-1.49%
HWM	A	-1.29%
ICLR	D	-1.26%
WAB	A	-1.23%
UBER	D	-1.16%
BABA	B	-0.29%
PCG	A	-0.21%