BRNY vs. MLPA ETF Comparison

Comparison of Burney U.S. Factor Rotation ETF (BRNY) to Global X MLP ETF (MLPA)

BRNY

Burney U.S. Factor Rotation ETF

BRNY Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks long term growth of capital. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets plus the amount of any borrowings for investment purposes in U.S. listed common stock. The fund will invest its assets in common stocks of large, mid, and small-capitalization companies.

Grade (RS Rating)

Last Trade

$34.82

Average Daily Volume

4,634

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MLPA

Global X MLP ETF

MLPA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.24

Average Daily Volume

120,283

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BRNY	MLPA
30 Days	-4.16%	-2.24%
60 Days	-1.15%	0.47%
90 Days	4.61%	4.93%
12 Months	32.09%	22.84%

0 Overlapping Holdings

	Symbol	Grade	Weight in BRNY	Weight in MLPA	Overlap

BRNY Overweight 10 Positions Relative to MLPA

Symbol	Grade	Weight
MSFT	C	5.8%
META	D	4.51%
NOW	D	4.39%
UGI	A	4.34%
IRM	B	3.94%
NVDA	C	3.91%
GOOGL	A	3.85%
ALSN	D	3.38%
HSY	C	3.03%
TOL	B	2.87%

BRNY Underweight 19 Positions Relative to MLPA

Symbol	Grade	Weight
EPD	B	-12.44%
ET	A	-11.95%
MPLX	A	-10.69%
PAA	B	-10.01%
WES	A	-9.62%
ENLC	B	-7.93%
SUN	D	-6.9%
HESM	C	-6.05%
NS	C	-5.56%
CQP	C	-5.07%
GLP	A	-3.41%
USAC	D	-3.29%
GEL	A	-3.23%
SPH	C	-2.99%
DKL	D	-0.85%
MMLP	A	-0.0%
SGU	A	-0.0%
CAPL	A	-0.0%
SMLP	A	-0.0%