UTRN vs. ABEQ ETF Comparison

Comparison of Vesper US Large Cap Short-Term Reversal Strategy ETF (UTRN) to Absolute Core Strategy ETF (ABEQ)

UTRN

Vesper US Large Cap Short-Term Reversal Strategy ETF

UTRN Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Vesper U.S. Large Cap Short-Term Reversal Index (the 'index'). The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to measure the performance of a portfolio of 25 stocks selected from the S&P 500 that Vesper Capital Management, LLC believes will most likely benefit from the "short-term reversal" effect, as determined by applying a proprietary algorithm ("Chow's Ratio" or "Algorithm").

Grade (RS Rating)

Last Trade

$25.43

Average Daily Volume

985

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ABEQ

Absolute Core Strategy ETF

ABEQ Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.06

Average Daily Volume

5,371

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	UTRN	ABEQ
30 Days	-1.01%	-0.83%
60 Days	-0.13%	3.63%
90 Days	6.15%	4.65%
12 Months	10.67%	6.18%

1 Overlapping Holdings

	Symbol	Grade	Weight in UTRN	Weight in ABEQ	Overlap
	VZ	D	3.86%	3.55%	3.55%

UTRN Overweight 24 Positions Relative to ABEQ

Symbol	Grade	Weight
SYF	A	4.39%
KO	A	4.09%
CNP	A	4.07%
ES	B	4.06%
MO	A	4.06%
WEC	B	4.04%
T	C	4.04%
LNT	B	4.04%
CMS	A	4.02%
JNJ	F	4.0%
CL	A	3.99%
SYY	D	3.99%
AMCR	A	3.98%
EG	D	3.98%
TMUS	A	3.98%
FE	A	3.97%
DRI	F	3.97%
VRTX	D	3.95%
EA	D	3.93%
AVY	A	3.93%
ITW	F	3.91%
VRSK	C	3.9%
EDR	A	3.9%
LIN	D	3.87%

UTRN Underweight 14 Positions Relative to ABEQ

Symbol	Grade	Weight
BRK.A	D	-10.91%
L	A	-6.67%
UL	A	-6.01%
MRK	B	-5.26%
DD	A	-5.03%
MDT	C	-4.43%
EOG	B	-3.96%
TRV	C	-3.75%
CMCSA	F	-3.6%
EQC	D	-3.41%
CSCO	F	-3.02%
CTVA	A	-2.99%
IFF	B	-2.36%
CCI	D	-2.31%