# Portfolio overlap — RULE vs AFOS

Comparing **Adaptive Core ETF** (2026-03-31) and **ARS Focused Opportunities Strategy ETF** (2026-02-27).

- Shared positions: 9
- Adaptive Core ETF covered by ARS Focused Opportunities Strategy ETF: 0.2836683347601680306287875423
- ARS Focused Opportunities Strategy ETF covered by Adaptive Core ETF: 0.2836683347601680306287875422

## Adaptive Core ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| MICRON TECHNOLOGY INC | 0.061616 | ✓ |
| STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF MUTUAL FUND | 0.041371 |  |
| JPM ULTRA-SHT IN | 0.041313 |  |
| CORNING INC | 0.040739 |  |
| SEAGATE TECHNOLO | 0.034262 |  |
| NEWMONT CORP | 0.034180 | ✓ |
| Southern Copper Corporation COM USD0.01 | 0.033965 |  |
| INVESCO S&P 500 | 0.032894 |  |
| INVESCO S&P 500 QUALITY ETF MUTUAL FUND | 0.032796 |  |
| CUMMINS INC | 0.032508 |  |
| PARKER HANNIFIN CORP | 0.032040 | ✓ |
| ALPHABET INC CL A | 0.031788 | ✓ |
| THERMO FISHER SCIENTIFIC INC | 0.031640 |  |
| LAM RESEARCH CORP | 0.031174 | ✓ |
| iShares Russell 1000 Growth ETF | 0.030960 |  |
| KLA CORP | 0.028939 |  |
| FREEPORT MCMORAN INC | 0.027520 | ✓ |
| VIATRIS INC | 0.027173 |  |
| CATERPILLAR INC | 0.026815 |  |
| NVIDIA CORP | 0.024787 | ✓ |
| EXXON MOBIL CORP | 0.024623 |  |
| ANALOG DEVICES INC | 0.023537 |  |
| KEYCORP | 0.023451 |  |
| GOLDMAN SACHS GROUP INC | 0.023307 |  |
| GENERAL MOTORS CO | 0.023306 | ✓ |
| RTX CORP | 0.023278 | ✓ |
| CARDINAL HEALTH INC | 0.022688 |  |
| BARRICK MINING CORP | 0.022679 |  |
| CH ROBINSON WORLDWIDE INC | 0.022520 |  |
| BAKER HUGHES CO | 0.021394 |  |
| HONEYWELL INTL INC | 0.020932 |  |
| CENCORA INC | 0.019197 |  |
| ADV MICRO DEVICE | 0.018472 |  |
| CISCO SYSTEMS INC | 0.016808 |  |
| TEXAS INSTRUMENTS INC | 0.015329 |  |

## ARS Focused Opportunities Strategy ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| WESTERN DIGITAL CORP | 0.062123 |  |
| MICRON TECHNOLOGY INC | 0.060660 | ✓ |
| LAM RESEARCH CORP | 0.059137 | ✓ |
| NEWMONT CORP | 0.055986 | ✓ |
| ALPHABET INC CL A | 0.047491 | ✓ |
| FRST AM-GV OB-X | 0.047304 |  |
| FREEPORT MCMORAN INC | 0.044370 | ✓ |
| NVIDIA CORP | 0.041905 | ✓ |
| GE VERNOVA LLC | 0.037353 |  |
| BOEING CO/THE | 0.036483 |  |
| Ascendis Pharma A/S | 0.036388 |  |
| VERTIV HOLDINGS CO | 0.035309 |  |
| REGENERON PHARMACEUTICALS INC | 0.033210 |  |
| MICROSOFT CORP | 0.032999 |  |
| QUANTA SVCS INC | 0.031712 |  |
| CRH PLC | 0.031164 |  |
| MORGAN STANLEY | 0.029481 |  |
| VISTRA CORP | 0.029424 |  |
| PARKER HANNIFIN CORP | 0.028545 | ✓ |
| GENERAL MOTORS CO | 0.028044 | ✓ |
| LILLY ELI and CO | 0.025824 |  |
| Eaton Corp PLC | 0.024849 |  |
| BLACKSTONE INC | 0.023952 |  |
| AMAZON.COM INC | 0.023057 |  |
| RTX CORP | 0.021707 | ✓ |
| APPLE INC | 0.021692 |  |
| MARATHON PETROLEUM CORP | 0.018183 |  |
| SALESFORCE INC | 0.015381 |  |
| BWX TECHNOLOGIES INC | 0.009216 |  |
| Biohaven Ltd | 0.007051 |  |


## Sources

- N-PORT (fund A) — accession `0001004726-26-004370` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1719812/000100472626004370/0001004726-26-004370-index.htm>
- N-PORT (fund B) — accession `0001592900-26-001837` (as of 2026-02-27)
  <https://www.sec.gov/Archives/edgar/data/1592900/000159290026001837/0001592900-26-001837-index.htm>

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_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

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