EDGE vs. ARB ETF Comparison

Comparison of Evolve Innovation Index ETF (EDGE) to Accelerate Arbitrage Fund ETF (ARB)

EDGE

Evolve Innovation Index ETF

EDGE Description

The Evolve ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Global Innovation Index, or any successor thereto (the “Index”). The Evolve ETF directly or indirectly invests in equity securities of companies located domestically or internationally that are involved in innovative and disruptive trends across a broad range of industries.

Grade (RS Rating)

Last Trade

$35.73

Average Daily Volume

1,365

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

ARB

Accelerate Arbitrage Fund ETF

ARB Description

Accelerate Arbitrage Fund (ARB) seeks to achieve long-termcapital appreciation and a superior risk-adjusted return relative tothe S&P Merger Arbitrage Index. ARB seeks to outperform theS&P Merger Arbitrage Index through an arbitrage investmentstrategy by investing primarily in listed equity, debt or derivativesecurities of target companies involved in mergers or corporateactions, while selling short certain listed equity, debt or derivativesecurities of acquirer companies involved in mergers or corporateactions, where applicable. The aggregate notional amount ofderivatives used for non-hedging purposes will not exceed thelimits permitted under applicable securities legislation. ARB hasobtained exemptive relief to permit it to sell securities short up toan aggregate market value of 100% of ARB’s NAV.

Grade (RS Rating)

Last Trade

$26.25

Average Daily Volume

2,072

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	EDGE	ARB
30 Days	5.52%	0.54%
60 Days	-0.47%	-0.57%
90 Days	-0.42%	0.96%
12 Months	19.46%	2.74%

0 Overlapping Holdings

	Symbol	Grade	Weight in EDGE	Weight in ARB	Overlap

EDGE Overweight 4 Positions Relative to ARB

	Symbol	Grade	Weight
	CARS	C	12.79%
	CYBR	C	12.75%
	HERO	C	12.6%
	DATA	B	12.11%

EDGE Underweight 1 Positions Relative to ARB

	Symbol	Grade	Weight
	NVEI	C	-3.22%

EDGE: Top Represented Industries & Keywords

Industries:

Keywords: Solactive Automation Ball Cars Cloud Computing Cloud Infrastructure Computer Network Security Computer Security Cryptography Cybercrime Cyberwarfare E Gaming Engineering Gaming Hardware Information Governance Mobile Robotics Security Software

ARB: Top Represented Industries & Keywords

Industries: Information Technology Services

Keywords: Commerce Platform Credit Cards E Commerce E Commerce Platform Marketplace Mobile Mobile Payments Montreal Online Marketplace Payment Systems Places Reseller Retailing Software Software Vendors Supply Chain Management Technology Solution Technology Solutions