UPAR vs. ROAM ETF Comparison

Comparison of UPAR Ultra Risk Parity ETF (UPAR) to Lattice Emerging Markets Strategy ETF (ROAM)

UPAR

UPAR Ultra Risk Parity ETF

UPAR Description

UPAR Ultra Risk Parity ETF is an exchange traded fund launched and managed by Toroso Investments, LLC. The fund invests in public equity, fixed income and commodity markets of global region. For its equity portion, it invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund uses derivatives such as futures to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests directly and through derivatives in U.S. treasury inflation protected securities and U.S. treasury securities of varying maturities. For its commodity portion, it invests directly and through other funds in gold. UPAR Ultra Risk Parity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$13.72

Average Daily Volume

24,539

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ROAM

Lattice Emerging Markets Strategy ETF

ROAM Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Lattice Risk-Optimized Advancing Markets Strategy Index (LROAMX). The fund generally invests at least 80 percent of its assets in securities of the index and in depositary receipts representing securities of the index. The index is designed to balance risks and opportunities within equity markets of emerging economies while emphasizing constituents exhibiting a favorable combination of factor characteristics.

Grade (RS Rating)

Last Trade

$23.82

Average Daily Volume

8,071

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	UPAR	ROAM
30 Days	-3.54%	-5.22%
60 Days	-6.28%	-3.20%
90 Days	-4.78%	-3.92%
12 Months	12.66%	14.05%

2 Overlapping Holdings

	Symbol	Grade	Weight in UPAR	Weight in ROAM	Overlap
	SQM	D	0.15%	0.12%	0.12%
	VALE	F	0.48%	0.7%	0.48%

UPAR Overweight 35 Positions Relative to ROAM

Symbol	Grade	Weight
GLDM	C	15.03%
VXF	A	3.74%
XOM	B	1.91%
DE	B	1.75%
BHP	F	1.38%
CVX	A	1.11%
RIO	D	1.08%
SCCO	F	0.83%
FCX	F	0.67%
CTVA	C	0.62%
TTE	F	0.55%
COP	C	0.48%
ECL	D	0.38%
FSLR	F	0.33%
BP	D	0.3%
EOG	A	0.28%
EQNR	C	0.25%
CF	A	0.24%
CNH	C	0.21%
XYL	D	0.17%
E	F	0.17%
HES	B	0.16%
OXY	D	0.16%
ENPH	F	0.15%
TTC	C	0.14%
AWK	C	0.13%
FANG	C	0.12%
MOS	F	0.12%
IEX	C	0.11%
FMC	D	0.11%
EQT	B	0.1%
DVN	F	0.09%
AGCO	D	0.09%
EC	D	0.06%
CTRA	B	0.06%

UPAR Underweight 19 Positions Relative to ROAM

Symbol	Grade	Weight
TSM	B	-0.98%
SKM	C	-0.79%
INFY	C	-0.71%
UMC	F	-0.54%
RDY	F	-0.51%
GFI	D	-0.49%
GGB	C	-0.4%
BABA	D	-0.38%
FMX	F	-0.36%
AKO.A	F	-0.35%
CHT	C	-0.24%
BCH	C	-0.23%
KOF	F	-0.23%
WIT	B	-0.2%
SHG	C	-0.12%
ABEV	F	-0.1%
HMY	D	-0.06%
IBN	C	-0.05%
KB	B	-0.05%