WCEO vs. AFSM ETF Comparison

Comparison of Hypatia Women CEO ETF (WCEO) to Active Factor Small Cap ETF (AFSM)

WCEO

Hypatia Women CEO ETF

WCEO Description

Hypatia Women CEO ETF ("Fund") seeks to provide capital appreciation. There is no guarantee that the Fund will meet its investment objective. Actively managed Exchange Traded fund (“ETF”) which invests in all publicly traded American companies who have female Chief Executive Officers from small cap to mega cap.

Grade (RS Rating)

Last Trade

$31.11

Average Daily Volume

291

Number of Holdings ^*

132

* may have additional holdings in another (foreign) market

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.24

Average Daily Volume

11,306

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	WCEO	AFSM
30 Days	0.80%	-0.38%
60 Days	0.86%	-1.01%
90 Days	5.90%	4.10%
12 Months	28.84%	30.15%

18 Overlapping Holdings

Symbol	Grade	Weight in WCEO	Weight in AFSM	Overlap
AMN	F	0.5%	0.06%	0.06%
ANF	F	0.54%	0.91%	0.54%
BPMC	C	0.56%	0.32%	0.32%
BRBR	A	0.61%	0.52%	0.52%
EGBN	A	1.23%	0.55%	0.55%
EIG	C	1.05%	0.12%	0.12%
HALO	B	0.49%	0.62%	0.49%
INSW	F	0.46%	0.24%	0.24%
ITCI	A	0.63%	0.25%	0.25%
JXN	B	1.18%	0.75%	0.75%
KRC	B	0.73%	0.22%	0.22%
MLKN	F	0.59%	0.08%	0.08%
PSN	A	0.91%	0.28%	0.28%
SCS	F	0.59%	0.31%	0.31%
SIG	C	0.52%	0.38%	0.38%
SWX	C	0.84%	0.05%	0.05%
TMHC	A	0.55%	0.73%	0.55%
TWST	F	0.53%	0.12%	0.12%

WCEO Overweight 114 Positions Relative to AFSM

Symbol	Grade	Weight
ANET	B	1.84%
AMD	F	1.7%
CLFD	D	1.66%
NNBR	D	1.42%
HAFC	A	1.26%
AMAL	B	1.11%
HMN	A	1.1%
LNC	A	1.09%
C	A	1.07%
NDAQ	B	1.06%
NAPA	A	1.05%
BEN	B	1.04%
BMBL	C	1.01%
PGR	D	0.98%
SCWX	B	0.9%
SIRI	C	0.9%
FIS	B	0.9%
HUBS	B	0.89%
ORCL	B	0.88%
WEX	F	0.87%
WK	C	0.87%
PNM	B	0.85%
CNC	D	0.85%
PD	C	0.85%
NYT	A	0.85%
ALE	A	0.85%
LNT	C	0.84%
POR	C	0.84%
DUK	C	0.83%
OXY	F	0.82%
CABO	C	0.82%
UPWK	A	0.81%
ELV	F	0.8%
SUM	A	0.8%
LUMN	A	0.77%
LTC	A	0.76%
EQIX	B	0.75%
MPC	F	0.75%
VTR	B	0.74%
CDW	F	0.73%
REG	D	0.72%
CWK	C	0.72%
ELS	D	0.68%
FCX	D	0.68%
RS	C	0.68%
CE	F	0.67%
SAIC	A	0.67%
CBRL	C	0.67%
SRCL	A	0.67%
ASIX	C	0.67%
ESS	D	0.67%
VVV	D	0.66%
MDU	F	0.66%
TRN	C	0.66%
ADP	A	0.66%
CMI	B	0.66%
RLJ	F	0.66%
NVT	D	0.66%
DD	D	0.66%
GBX	A	0.65%
OPEN	F	0.65%
MWA	B	0.65%
CC	F	0.65%
MSEX	B	0.64%
FNKO	C	0.63%
PH	A	0.63%
RUN	C	0.63%
SHW	D	0.63%
ACN	C	0.63%
HAIN	A	0.63%
GD	C	0.62%
GTLS	B	0.62%
EXPE	B	0.62%
NPK	F	0.62%
TPR	A	0.61%
MATV	F	0.61%
VSCO	A	0.61%
FUL	F	0.61%
NOC	D	0.6%
GM	B	0.59%
FIGS	B	0.59%
ALNY	C	0.58%
FSS	F	0.58%
JBHT	A	0.58%
VRTX	D	0.58%
UTHR	A	0.57%
ATI	F	0.56%
VIR	B	0.56%
UPS	C	0.56%
CVS	F	0.55%
EXPO	D	0.54%
AHCO	D	0.54%
CLX	B	0.53%
BROS	B	0.53%
ZTS	D	0.53%
PLNT	D	0.53%
JBLU	D	0.53%
TR	F	0.52%
ARCB	F	0.52%
BKD	D	0.52%
BBWI	F	0.52%
BBY	D	0.51%
ROST	F	0.51%
DKS	F	0.51%
OLPX	F	0.5%
SIBN	D	0.5%
HSY	F	0.5%
MTN	F	0.5%
LZB	D	0.5%
WSM	F	0.48%
LEVI	F	0.47%
FL	D	0.46%
COTY	F	0.45%
TERN	D	0.4%

WCEO Underweight 278 Positions Relative to AFSM

Symbol	Grade	Weight
MLI	A	-1.31%
NHC	C	-1.16%
SKYW	A	-1.11%
IDCC	A	-1.01%
CPRX	A	-0.94%
SFM	A	-0.9%
ALKS	F	-0.89%
CRS	B	-0.84%
MHO	D	-0.82%
PFBC	B	-0.82%
DAKT	C	-0.81%
MTG	D	-0.8%
CALM	B	-0.78%
RDN	F	-0.76%
BCC	D	-0.75%
EME	A	-0.72%
STRL	B	-0.72%
FIX	B	-0.69%
SLG	B	-0.68%
UVE	C	-0.66%
PLUS	C	-0.65%
ZETA	C	-0.65%
MCY	B	-0.64%
SLVM	B	-0.64%
LNTH	C	-0.63%
CVLT	B	-0.63%
BMI	D	-0.62%
HWKN	D	-0.62%
NMIH	D	-0.62%
TBBK	D	-0.62%
COOP	D	-0.61%
AROC	D	-0.61%
NTB	C	-0.61%
CEIX	A	-0.61%
SANM	A	-0.6%
GMED	A	-0.6%
COKE	D	-0.58%
NHI	C	-0.58%
SUPN	B	-0.57%
CRVL	D	-0.57%
GMS	A	-0.57%
POWL	A	-0.56%
PI	C	-0.56%
FDP	A	-0.56%
BELFB	C	-0.56%
HSII	A	-0.56%
DOLE	C	-0.56%
ACT	D	-0.55%
UFPT	D	-0.54%
KBH	D	-0.54%
PRK	A	-0.54%
BTU	A	-0.53%
TGNA	B	-0.53%
REZI	C	-0.53%
WT	B	-0.52%
YOU	A	-0.52%
AMWD	D	-0.52%
MUSA	C	-0.51%
STBA	D	-0.51%
OFG	C	-0.51%
CHCO	A	-0.51%
BXC	A	-0.5%
TEX	F	-0.5%
DFIN	F	-0.5%
CORT	B	-0.5%
APPF	D	-0.49%
IIPR	C	-0.49%
HRB	D	-0.48%
DDS	C	-0.48%
CVNA	A	-0.47%
RMR	D	-0.47%
HIMS	B	-0.44%
PINC	A	-0.44%
YMAB	A	-0.44%
ADUS	D	-0.44%
CSWI	B	-0.44%
PRDO	B	-0.43%
PLAB	F	-0.43%
BLBD	F	-0.41%
LGND	A	-0.41%
WFRD	F	-0.41%
SPNS	B	-0.41%
PRGS	B	-0.4%
HIW	C	-0.4%
BDC	B	-0.4%
ESNT	F	-0.4%
LPG	F	-0.4%
M	D	-0.4%
ANIP	F	-0.39%
EVER	F	-0.39%
ODP	C	-0.38%
WNC	F	-0.38%
INMD	C	-0.38%
HRMY	D	-0.38%
RXST	D	-0.37%
MTH	D	-0.37%
CRAI	B	-0.37%
CAL	F	-0.37%
AMR	F	-0.37%
VRNT	F	-0.37%
PDM	C	-0.37%
QTWO	A	-0.36%
PBF	F	-0.36%
CNXN	F	-0.36%
HDSN	F	-0.35%
USLM	A	-0.35%
PRMW	B	-0.35%
GRBK	D	-0.35%
LRN	A	-0.35%
APOG	A	-0.35%
TMDX	F	-0.33%
MATX	A	-0.33%
ATKR	F	-0.33%
CUZ	B	-0.33%
ASO	F	-0.32%
AVNS	F	-0.32%
IESC	A	-0.32%
FBP	D	-0.32%
MOG.A	C	-0.32%
TRMK	B	-0.32%
CASH	A	-0.32%
GEO	B	-0.32%
SBRA	B	-0.31%
CCRN	F	-0.31%
MD	A	-0.31%
LOPE	D	-0.31%
RDNT	D	-0.31%
VRNS	D	-0.31%
CNK	A	-0.3%
PFS	B	-0.3%
CMC	A	-0.3%
AKR	B	-0.3%
BNL	D	-0.3%
TWI	F	-0.3%
TCMD	A	-0.29%
BKE	C	-0.29%
IBOC	B	-0.29%
DXC	D	-0.29%
TILE	A	-0.29%
HCI	B	-0.29%
GIII	C	-0.28%
ATGE	A	-0.28%
BKH	D	-0.28%
PRM	A	-0.27%
HUBG	D	-0.27%
MEDP	F	-0.27%
CRDO	A	-0.27%
BHE	A	-0.27%
DNOW	F	-0.26%
ASC	F	-0.26%
PHIN	C	-0.26%
AZZ	D	-0.26%
THFF	B	-0.26%
VIRT	A	-0.26%
PRG	C	-0.25%
AMKR	F	-0.25%
HCC	A	-0.25%
HURN	A	-0.25%
INTA	B	-0.24%
ABG	C	-0.24%
ONTO	F	-0.24%
BKU	C	-0.24%
GNK	D	-0.24%
KN	C	-0.23%
MED	D	-0.23%
NTCT	C	-0.23%
NX	C	-0.22%
ENS	F	-0.22%
PIPR	B	-0.22%
SBH	B	-0.22%
AGX	A	-0.22%
HAE	F	-0.21%
CMPR	F	-0.21%
SIGA	D	-0.21%
SMP	B	-0.21%
LMAT	B	-0.21%
HLX	F	-0.21%
KELYA	D	-0.21%
DHT	F	-0.21%
NSSC	F	-0.21%
ADMA	B	-0.21%
HY	D	-0.21%
VNDA	D	-0.21%
VCTR	A	-0.2%
SGBX	F	-0.2%
XRX	F	-0.2%
ASGN	F	-0.2%
EXTR	B	-0.2%
TNC	F	-0.2%
NAVI	F	-0.2%
SXC	A	-0.2%
PK	F	-0.2%
WABC	B	-0.2%
IMKTA	D	-0.2%
VSH	F	-0.19%
ADNT	F	-0.19%
MRVI	F	-0.19%
AXSM	C	-0.19%
STNG	F	-0.19%
NUS	F	-0.19%
UCTT	F	-0.19%
HOV	D	-0.18%
BLFS	B	-0.18%
GOGL	F	-0.18%
SD	F	-0.17%
TPC	B	-0.17%
NVST	A	-0.17%
TARS	A	-0.17%
HROW	C	-0.17%
MAX	D	-0.16%
BRC	D	-0.16%
GES	F	-0.16%
SCVL	F	-0.15%
CWCO	F	-0.14%
ASTH	C	-0.14%
ALRM	F	-0.14%
NECB	B	-0.14%
PCRX	C	-0.14%
OSCR	C	-0.14%
ALKT	B	-0.14%
SCSC	F	-0.14%
TGTX	A	-0.14%
AYI	A	-0.14%
METC	F	-0.13%
AIT	A	-0.13%
CLW	F	-0.13%
MOV	F	-0.13%
CECO	F	-0.13%
CHRD	F	-0.12%
INVA	C	-0.12%
CSGS	D	-0.12%
CGEM	F	-0.11%
GFF	F	-0.1%
YEXT	A	-0.1%
AMCX	F	-0.1%
RAMP	D	-0.09%
SPSC	F	-0.09%
KTB	A	-0.08%
CTRE	A	-0.08%
KRYS	C	-0.08%
ATLO	F	-0.07%
WGO	D	-0.07%
PEBK	D	-0.07%
NSIT	F	-0.07%
TPH	D	-0.07%
KSS	F	-0.07%
AMPH	A	-0.06%
EOLS	A	-0.06%
JWN	C	-0.06%
OMI	F	-0.06%
REVG	D	-0.05%
ANDE	F	-0.05%
TDC	B	-0.05%
OTTR	F	-0.05%
FORM	F	-0.05%
ATEN	A	-0.05%
CTS	A	-0.05%
FTDR	B	-0.05%
COLL	F	-0.05%
OGS	C	-0.05%
APAM	A	-0.05%
GRND	A	-0.05%
PHR	F	-0.04%
VITL	C	-0.04%
LBRT	F	-0.04%
SEMR	D	-0.04%
JBI	F	-0.04%
HE	D	-0.04%
ETD	F	-0.04%
PGNY	F	-0.03%
RYI	C	-0.03%
EMBC	C	-0.03%
SWI	B	-0.03%
ACIW	C	-0.02%
ACLS	F	-0.02%
MITK	D	-0.0%
MAIN	B	-0.0%
EPAC	A	-0.0%