XBI vs. AGOX ETF Comparison

Comparison of SPDR S&P Biotech ETF (XBI) to Adaptive Growth Opportunities ETF (AGOX)

XBI

SPDR S&P Biotech ETF

XBI Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the biotechnology segment of a U.S. total market composite index. In seeking to track the performance of the S&P Biotechnology Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the biotechnology industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$94.30

Average Daily Volume

8,465,460

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

AGOX

Adaptive Growth Opportunities ETF

AGOX Description

The investment seeks capital appreciation. The fund's portfolio manager seeks to achieve its investment objective of capital appreciation by investing in ETFs that are registered under the Investment Company Act of 1940, as amended and not affiliated with the fund that invest in equity securities of any market capitalization of issuers from a number of countries throughout the world, including emerging market countries. The manager primarily utilizes ETFs and equities but may also use fixed income securities to diversify its asset classes. The fixed income securities in which the fund will invest will be investment grade and may be of any duration or maturity.

Grade (RS Rating)

Last Trade

$29.24

Average Daily Volume

28,365

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XBI	AGOX
30 Days	-4.04%	0.21%
60 Days	-7.18%	0.59%
90 Days	-7.09%	0.83%
12 Months	29.73%	24.23%

4 Overlapping Holdings

Symbol	Grade	Weight in XBI	Weight in AGOX	Overlap
MDGL	B	2.17%	0.35%	0.35%
PTGX	D	0.58%	0.39%	0.39%
REGN	F	1.8%	0.62%	0.62%
VRTX	D	2.62%	1.11%	1.11%

XBI Overweight 124 Positions Relative to AGOX

Symbol	Grade	Weight
NTRA	A	3.3%
INCY	C	3.29%
GILD	C	2.9%
UTHR	C	2.88%
NBIX	C	2.62%
INSM	C	2.43%
ALNY	D	2.38%
ABBV	F	2.33%
AMGN	F	2.28%
SRPT	F	2.28%
BIIB	F	2.19%
EXAS	D	2.05%
VKTX	F	2.0%
BMRN	F	1.98%
CYTK	F	1.79%
BPMC	B	1.69%
CRSP	D	1.63%
TGTX	B	1.62%
MRNA	F	1.57%
RVMD	C	1.46%
RNA	C	1.32%
KRYS	C	1.29%
HALO	F	1.27%
EXEL	B	1.23%
ADMA	B	1.23%
ROIV	C	1.18%
ALKS	C	1.13%
IONS	F	1.08%
TWST	F	0.93%
PCVX	D	0.9%
IOVA	F	0.88%
BBIO	F	0.87%
APLS	F	0.86%
GERN	D	0.86%
CRNX	C	0.84%
ACLX	C	0.79%
DYN	F	0.78%
ACAD	C	0.78%
SWTX	C	0.77%
AGIO	C	0.76%
BEAM	D	0.72%
RARE	F	0.69%
RXRX	F	0.66%
PTCT	B	0.64%
FOLD	F	0.63%
IMVT	F	0.62%
RYTM	C	0.61%
NUVL	C	0.6%
NTLA	F	0.58%
VERA	C	0.57%
MIRM	B	0.57%
ARWR	D	0.54%
IDYA	F	0.53%
VCYT	B	0.53%
JANX	C	0.51%
SRRK	C	0.49%
DVAX	C	0.49%
NVAX	F	0.47%
ARDX	F	0.47%
VCEL	B	0.46%
DNLI	D	0.46%
KYMR	D	0.45%
SNDX	F	0.44%
AKRO	B	0.43%
CGON	F	0.42%
ARQT	B	0.42%
BCRX	D	0.42%
CPRX	C	0.41%
KROS	D	0.36%
IRON	B	0.34%
MNKD	C	0.34%
CLDX	F	0.34%
NRIX	C	0.33%
SMMT	D	0.33%
VRDN	D	0.3%
RCKT	F	0.28%
DAWN	D	0.28%
MYGN	F	0.27%
IRWD	F	0.26%
TVTX	C	0.26%
CGEM	F	0.25%
CDNA	D	0.24%
KURA	F	0.24%
XNCR	B	0.24%
APLT	C	0.22%
CDMO	A	0.22%
RCUS	F	0.2%
VIR	D	0.2%
EBS	C	0.2%
REPL	D	0.18%
HUMA	F	0.18%
ALT	C	0.18%
SPRY	C	0.18%
AVXL	B	0.17%
ARCT	F	0.17%
ANNX	F	0.16%
STOK	F	0.16%
ETNB	C	0.16%
MDXG	B	0.16%
COGT	D	0.16%
VERV	F	0.15%
RLAY	F	0.14%
OLMA	F	0.13%
IMNM	F	0.13%
PRTA	F	0.13%
OCGN	F	0.12%
ANAB	F	0.12%
FDMT	F	0.12%
SANA	F	0.12%
RGNX	D	0.12%
ALLO	F	0.11%
CELC	F	0.11%
SAGE	F	0.11%
CCCC	F	0.1%
ERAS	C	0.1%
ORIC	F	0.09%
FATE	F	0.08%
SVRA	F	0.08%
ABUS	D	0.07%
KALV	F	0.07%
SCLX	F	0.06%
YMAB	F	0.06%
ITOS	F	0.06%
ALEC	F	0.04%

XBI Underweight 61 Positions Relative to AGOX

Symbol	Grade	Weight
QQQ	B	-22.48%
AMZN	C	-8.06%
XLC	A	-6.77%
BSX	A	-4.69%
HWM	A	-2.35%
NVDA	B	-2.35%
AAPL	C	-1.92%
CRM	B	-1.72%
SMH	C	-1.69%
MSFT	D	-1.56%
PGR	A	-1.34%
GE	D	-1.22%
VRT	B	-1.21%
DECK	A	-1.17%
KCE	A	-1.14%
FICO	B	-1.14%
VRSK	A	-1.13%
GWW	B	-0.98%
BMI	B	-0.89%
CPRT	B	-0.89%
CRS	B	-0.86%
ETN	A	-0.86%
T	A	-0.82%
TDG	D	-0.8%
INTC	C	-0.77%
CEG	C	-0.76%
NVO	F	-0.74%
XAR	B	-0.72%
MMS	F	-0.62%
SPSC	D	-0.61%
CBOE	C	-0.56%
ARGT	A	-0.53%
ANF	F	-0.46%
BKNG	A	-0.45%
IESC	C	-0.45%
AMP	A	-0.45%
IR	B	-0.45%
MOG.A	B	-0.41%
RJF	A	-0.39%
AMD	F	-0.35%
JPM	A	-0.34%
FSS	B	-0.3%
AI	B	-0.29%
TYL	B	-0.29%
ECL	D	-0.28%
HUBB	B	-0.26%
TPH	D	-0.26%
GRBK	D	-0.25%
LLY	F	-0.24%
AROC	A	-0.23%
META	D	-0.23%
WINA	C	-0.21%
MANH	D	-0.2%
SWKS	F	-0.18%
PWR	A	-0.13%
AVGO	D	-0.12%
TSLA	B	-0.06%
XOM	B	-0.02%
ORCL	A	-0.01%
BAC	A	-0.0%
OGIG	A	-0.0%