TOLL vs. GRW ETF Comparison

Comparison of Tema Monopolies and Oligopolies ETF (TOLL) to TCW Compounders ETF (GRW)

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

GRW

TCW Compounders ETF

GRW Description

The fund is an actively managed ETF that seeks to invest in the companies that the Adviser believes will benefit from transformation as a result of technological innovations, market dynamics, and/or changes in client preferences. It aims to actively capture returns from companies that show long-term growth, quality, and durability characteristics as a result of such economic transformation or play a central role of enabling other companies to do the same. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.43

Average Daily Volume

15,067

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TOLL	GRW
30 Days	-2.56%	1.52%
60 Days	-3.28%	2.79%
90 Days	-1.19%	6.56%
12 Months	21.83%

5 Overlapping Holdings

Symbol	Grade	Weight in TOLL	Weight in GRW	Overlap
FICO	A	5.6%	3.39%	3.39%
GE	D	6.07%	1.53%	1.53%
MSCI	C	3.4%	3.39%	3.39%
SPGI	D	4.6%	4.02%	4.02%
V	A	5.4%	4.45%	4.45%

TOLL Overweight 23 Positions Relative to GRW

Symbol	Grade	Weight
MCO	B	5.89%
ICE	D	5.5%
SHW	C	4.25%
INTU	B	3.61%
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 12 Positions Relative to GRW

Symbol	Grade	Weight
HEI	A	-9.37%
FI	A	-8.94%
WCN	A	-8.49%
MSFT	D	-7.38%
TDG	D	-4.86%
AVGO	D	-4.48%
AME	A	-4.04%
LIN	D	-3.61%
MUSA	B	-2.44%
TTD	B	-2.32%
DHR	D	-1.76%
ROP	C	-0.99%