TWIO vs. NORW ETF Comparison

Comparison of Trajan Wealth Income Opportunities ETF (TWIO) to Global X FTSE Norway 30 ETF (NORW)

TWIO

Trajan Wealth Income Opportunities ETF

TWIO Description

Spinnaker ETF Series - Trajan Wealth Income Opportunities ETF is an exchange traded fund launched and managed by OBP Capital, LLC. The fund is co-managed by Trajan Wealth, LLC. It invests in the public equity and fixed income markets of the United States. For it equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies operating across diversified market capitalization. For its fixed income, the fund primarily invests in preferred securities and income producing fixed income securities with varying maturities. The fund employs fundamental analysis with bottom-up and top-down securities picking approach to create its portfolio. Spinnaker ETF Series - Trajan Wealth Income Opportunities ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$8.79

Average Daily Volume

7,599

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

NORW

Global X FTSE Norway 30 ETF

NORW Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Norway 30 Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The index is designed to reflect broad based equity market performance in Norway. The Adviser uses a "passive" or indexing approach to try to achieve the fund's investment objective. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.76

Average Daily Volume

17,084

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	TWIO	NORW
30 Days	-1.79%	-0.09%
60 Days	0.26%	1.67%
90 Days	-0.30%	3.41%
12 Months	5.83%	6.01%

0 Overlapping Holdings

	Symbol	Grade	Weight in TWIO	Weight in NORW	Overlap

TWIO Overweight 19 Positions Relative to NORW

	Symbol	Grade	Weight
	C	A	2.6%
	IBM	D	2.39%
	SBLK	A	2.31%
	AIG	A	2.22%
	VZ	C	2.16%
	BKH	A	2.08%
	SON	C	2.03%
	OGE	A	1.98%
	BG	B	1.91%
	VLO	B	1.88%
	FSK	A	1.87%
	PXD	A	1.82%
	WMB	A	1.79%
	BMY	F	1.76%
	BX	D	1.75%
	CMSC	C	1.7%
	KO	A	1.56%
	K	B	1.52%
	PSA	D	1.4%

TWIO Underweight 3 Positions Relative to NORW

	Symbol	Grade	Weight
	HAFN	B	-1.27%
	GOGL	A	-1.04%
	FLNG	B	-0.47%

TWIO: Top Represented Industries & Keywords

Industries: Asset Management Banks - Global Beverages - Soft Drinks Drug Manufacturers - Major Farm Products Information Technology Services Insurance - Diversified Oil & Gas E&P Oil & Gas Midstream Oil & Gas Refining & Marketing Other Packaged Foods Packaging & Containers REIT - Industrial Shipping & Ports Telecom Services Utilities - Diversified Utilities - Regulated Electric

Keywords: S&P 500 Natural Gas Dow Jones Component Electricity Natural Gas Processing Gas Gathering Gas Transmission Gas Transportation Natural Gas Liquids Packaging Solutions San Juan Basin Transportation Pipelines Access Devices Advisory Services Aerospace Agribusiness Alcohol American International Group Ammonia Animal Feed

NORW: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Shipping & Ports

Keywords: Bonny Gas Transport Capesize Dryships Fuel Golden Ocean Group Handymax LNG Carrier Liquefied Natural Gas Maritime Transport Natural Gas Panamax Shipping Shipping Companies Ships Tanker Transportation Service Vegetable Oil