TOLL vs. AADR ETF Comparison

Comparison of Tema Monopolies and Oligopolies ETF (TOLL) to WCM BNY Mellon Focused Growth ADR ETF (AADR)

TOLL

Tema Monopolies and Oligopolies ETF

TOLL Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in domestic and foreign, common and preferred stocks of publicly listed companies where the Herfindahl"Hirschman (HHI) index of the market of operation representing more than 50% of the company"s revenue is above 2,500. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.64

Average Daily Volume

1,628

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AADR

WCM BNY Mellon Focused Growth ADR ETF

AADR Description

The investment seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the fund's primary benchmark, and the MSCI EAFE Index, the fund's secondary benchmark. The sub-advisor seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"), included in the BNY Mellon Classic ADR Index. The fund's investment focus follows the Sub-Advisor's core philosophy of investing in industry-leading non-U.S. organizations led by visionary management teams with sound business strategies.

Grade (RS Rating)

Last Trade

$67.36

Average Daily Volume

901

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TOLL	AADR
30 Days	-2.56%	2.53%
60 Days	-3.28%	6.09%
90 Days	-1.19%	9.67%
12 Months	21.83%	31.09%

0 Overlapping Holdings

	Symbol	Grade	Weight in TOLL	Weight in AADR	Overlap

TOLL Overweight 28 Positions Relative to AADR

Symbol	Grade	Weight
GE	D	6.07%
MCO	B	5.89%
FICO	A	5.6%
ICE	D	5.5%
V	A	5.4%
SPGI	D	4.6%
SHW	C	4.25%
INTU	B	3.61%
MSCI	C	3.4%
CPRT	B	3.29%
VMC	B	3.28%
EFX	F	2.79%
CME	A	2.78%
AON	B	2.75%
TER	F	2.7%
TYL	B	2.69%
KLAC	F	2.58%
WAT	B	2.38%
TMO	D	2.22%
LOW	C	2.1%
LRCX	F	2.09%
CNI	F	1.91%
TECH	F	1.9%
ADI	D	1.89%
DE	C	1.5%
IDXX	F	1.5%
GILD	B	1.09%
BDX	F	1.0%

TOLL Underweight 26 Positions Relative to AADR

Symbol	Grade	Weight
YPF	A	-6.36%
GGAL	A	-5.56%
NVO	D	-4.85%
BMA	B	-4.69%
ERJ	B	-4.36%
PAM	A	-3.96%
ABBV	F	-3.64%
MUFG	B	-3.6%
QFIN	A	-3.05%
SAP	A	-3.04%
VRNA	A	-2.9%
BCS	A	-2.74%
RELX	D	-2.72%
BBVA	D	-2.68%
MELI	C	-2.68%
SE	A	-2.63%
ERIC	B	-2.58%
SMFG	B	-2.54%
HMY	C	-2.49%
TSM	C	-2.36%
ING	D	-2.13%
TEVA	C	-2.13%
CHKP	C	-2.09%
NVS	D	-2.03%
FUTU	C	-1.79%
TCOM	B	-1.74%