EDGE vs. LEAD ETF Comparison

Comparison of Evolve Innovation Index ETF (EDGE) to Evolve Future Leadership ETF Hedged (LEAD)

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

$37.72

Average Daily Volume

1,100

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

LEAD

Evolve Future Leadership ETF Hedged

LEAD Description

The investment objective of LEAD is to seek to provide holders of Units with long-term capital appreciation by investing primarily in a diversified mix of equity securities of companies located domestically or internationally that the Manager has determined are leaders in sectors that stand to benefit from medium and long term economic trends. The Manager will use a selection process that combines quantitative techniques, fundamental analysis and risk management. The Manager will also write covered call options on up to 33% of the portfolio securities, at its discretion. The level of covered call option writing may vary based on market volatility and other factors.

Grade (RS Rating)

Last Trade

$20.93

Average Daily Volume

936

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	EDGE	LEAD
30 Days	0.13%	4.65%
60 Days	2.96%	5.18%
90 Days	11.94%	8.11%
12 Months	29.01%	37.33%

2 Overlapping Holdings

	Symbol	Grade	Weight in EDGE	Weight in LEAD	Overlap
	CYBR	B	12.59%	3.06%	3.06%
	HERO	A	12.6%	4.53%	4.53%

EDGE Overweight 3 Positions Relative to LEAD

	Symbol	Grade	Weight
	DATA	B	12.6%
	CARS	D	11.63%
	SHOP	B	1.52%

EDGE Underweight 1 Positions Relative to LEAD

	Symbol	Grade	Weight
	LIFE	D	-4.05%

EDGE: Top Represented Industries & Keywords

Industries: Software - Application

Keywords: Solactive Mobile Software Analytics Automation Ball Cars Cloud Computing Cloud Infrastructure Commerce Platform Computer Network Security Computer Security Cryptography Cybercrime Cyberwarfare E Commerce E Gaming Engineering Gaming Hardware

LEAD: Top Represented Industries & Keywords

Industries:

Keywords: Solactive Ball Computer Network Security Computer Security Covered Call Cryptography Cybercrime Cyberwarfare Dow E Gaming Exchange Traded Funds Financial Risk Gaming Hardware Health Healthcare Information Governance Market Risk Options Security