AIEQ vs. MPAY ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to Akros Monthly Payout ETF (MPAY)

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.29

Average Daily Volume

8,477

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

MPAY

Akros Monthly Payout ETF

MPAY Description

MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.

Grade (RS Rating)

Last Trade

$23.84

Average Daily Volume

565

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	MPAY
30 Days	-0.90%	-1.07%
60 Days	-1.22%	-0.16%
90 Days	-0.79%	2.55%
12 Months	27.15%	12.79%

6 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in MPAY	Overlap
ALL	B	0.96%	1.56%	0.96%
AMZN	A	0.94%	8.17%	0.94%
BBY	D	0.78%	1.22%	0.78%
GOOGL	B	0.93%	8.91%	0.93%
HAL	F	0.88%	1.38%	0.88%
NTAP	B	2.32%	1.35%	1.35%

AIEQ Overweight 105 Positions Relative to MPAY

Symbol	Grade	Weight
SCHW	A	4.85%
ICE	C	4.77%
BX	D	4.72%
GM	B	4.68%
EXC	B	3.58%
BRK.A	D	3.55%
COST	B	3.55%
DDOG	D	3.5%
WFRD	B	3.29%
SWN	C	2.86%
AMP	C	2.67%
AKAM	D	2.27%
AN	B	1.22%
JKHY	D	1.07%
SNAP	B	1.04%
PG	A	0.96%
VRTX	C	0.96%
SO	A	0.95%
MCD	F	0.95%
STT	C	0.94%
MNST	D	0.94%
KDP	B	0.94%
SNOW	F	0.94%
ZTS	D	0.94%
TFC	B	0.94%
MS	A	0.94%
SRE	B	0.94%
PXD	B	0.93%
U	F	0.93%
WDAY	F	0.93%
GOOG	B	0.93%
AXP	A	0.92%
ORLY	D	0.92%
LVS	D	0.92%
TEAM	F	0.92%
F	D	0.91%
EQIX	F	0.91%
ZS	F	0.91%
COIN	D	0.91%
INTU	D	0.91%
KHC	C	0.89%
VLO	D	0.88%
AGCO	F	0.87%
WMB	A	0.87%
CAG	B	0.86%
IDXX	D	0.84%
CTRA	B	0.83%
PAYX	D	0.78%
ADM	C	0.74%
DXCM	D	0.72%
REG	F	0.66%
PWR	B	0.63%
ACGL	A	0.55%
NFG	A	0.55%
WEC	B	0.51%
WST	D	0.48%
VFC	F	0.46%
APO	C	0.45%
ATO	A	0.43%
BJ	B	0.43%
CMS	A	0.42%
CCK	C	0.41%
CELH	D	0.41%
AOS	C	0.35%
CMA	B	0.35%
VTR	B	0.34%
WPC	C	0.33%
NVDA	B	0.32%
OGS	C	0.31%
RRC	B	0.3%
SCCO	B	0.29%
MAT	D	0.27%
NSIT	A	0.27%
GTLS	B	0.26%
VOYA	B	0.26%
CNX	B	0.26%
CUBE	D	0.25%
HRL	B	0.23%
RS	D	0.22%
H	D	0.2%
WBS	D	0.19%
HSIC	D	0.19%
RBC	C	0.18%
JEF	B	0.16%
MGY	B	0.15%
FAF	D	0.13%
HP	F	0.13%
NTNX	A	0.12%
CIVI	B	0.12%
WWD	A	0.12%
ZWS	C	0.11%
HAE	B	0.1%
HOMB	B	0.1%
MMS	C	0.1%
NVT	A	0.1%
DTM	A	0.09%
HLI	A	0.09%
FDS	D	0.09%
IDA	B	0.08%
NOG	B	0.08%
SPSC	B	0.08%
IRDM	D	0.07%
NSP	C	0.07%
CBT	B	0.07%
NJR	B	0.06%

AIEQ Underweight 44 Positions Relative to MPAY

Symbol	Grade	Weight
AAPL	B	-8.01%
HD	D	-2.98%
CSCO	D	-2.3%
ACN	D	-2.19%
NKE	D	-2.02%
UPS	D	-1.98%
IBM	D	-1.97%
LMT	A	-1.92%
USHY	A	-1.88%
DELL	B	-1.87%
BKNG	B	-1.85%
TJX	C	-1.8%
CL	A	-1.74%
HCA	D	-1.67%
MELI	B	-1.65%
KMB	B	-1.64%
CDNS	D	-1.57%
FDX	D	-1.54%
SBUX	F	-1.53%
DAL	A	-1.53%
MMM	B	-1.52%
LDOS	A	-1.51%
FTNT	F	-1.49%
EA	F	-1.44%
EBAY	D	-1.42%
OTIS	D	-1.39%
EL	F	-1.38%
STLA	D	-1.38%
BAH	B	-1.38%
MTD	D	-1.35%
SYY	D	-1.35%
KEYS	D	-1.34%
HPQ	C	-1.34%
CTSH	D	-1.33%
BAX	F	-1.33%
IT	D	-1.32%
LII	C	-1.3%
CLX	F	-1.27%
WSM	B	-1.26%
STLD	D	-1.25%
ALGN	F	-1.23%
DKS	C	-1.23%
JBL	D	-1.16%
ULTA	F	-1.13%