Trend Table for PFFA - Virtus InfraCap U.S. Preferred Stock ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 12	A	Strong	Up	Up	Up	2.67%
Sep 11	A	Strong	Up	Up	Up	3.03%
Sep 10	A	Strong	Up	Up	Up	3.31%
Sep 9	A	Weak or Absent	Up	Up	Up	3.45%
Sep 6	A	Weak or Absent	Up	Up	Up	3.97%
Sep 5	A	Weak or Absent	Up	Up	Up	3.83%
Sep 4	A	Weak or Absent	Up	Up	Up	4.30%
Sep 3	A	Weak or Absent	Up	Up	Flat	4.87%
Aug 30	A	Weak or Absent	Up	Up	Up	4.54%
Aug 29	A	Weak or Absent	Up	Up	Up	4.58%