TOLL vs. MARB ETF Comparison

Comparison of Tema Monopolies and Oligopolies ETF (TOLL) to First Trust Merger Arbitrage ETF (MARB)

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

$33.72

Average Daily Volume

1,624

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MARB

First Trust Merger Arbitrage ETF

MARB Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.80

Average Daily Volume

7,130

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TOLL	MARB
30 Days	3.33%	0.41%
60 Days	-0.16%	0.05%
90 Days	1.76%	-1.29%
12 Months	25.28%	-1.31%

0 Overlapping Holdings

	Symbol	Grade	Weight in TOLL	Weight in MARB	Overlap

TOLL Overweight 28 Positions Relative to MARB

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

TOLL Underweight 32 Positions Relative to MARB

Symbol	Grade	Weight
HTLF	B	-7.67%
HCP	B	-5.59%
EDR	A	-4.99%
ACI	C	-4.78%
DFS	B	-4.54%
AMED	F	-4.52%
NAPA	B	-4.02%
ANSS	B	-3.82%
B	A	-3.79%
EVRI	A	-3.48%
JNPR	F	-3.38%
K	A	-3.27%
HES	C	-3.22%
ESGR	B	-3.18%
CTLT	B	-3.15%
VZIO	A	-3.08%
LBPH	A	-2.78%
MGRC	B	-2.71%
CHX	C	-2.7%
FYBR	D	-2.57%
ENV	B	-2.38%
SRDX	B	-2.33%
IBTX	B	-2.15%
MRO	B	-2.07%
WSC	D	--0.93%
COP	D	--2.07%
SSB	B	--2.14%
SNPS	B	--2.16%
CVX	B	--3.7%
SLB	C	--4.08%
COF	B	--4.96%
UMBF	B	--7.96%