BTAL vs. MPAY ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to Akros Monthly Payout ETF (MPAY)

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$18.81

Average Daily Volume

315,953

Number of Holdings ^*

390

* 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

$24.46

Average Daily Volume

855

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	MPAY
30 Days	-1.05%	5.01%
60 Days	1.62%	2.74%
90 Days	4.04%	6.30%
12 Months	-6.88%	16.82%

16 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in MPAY	Overlap
ALGN	F	-0.37%	1.17%	-0.37%
ALL	D	0.45%	1.51%	0.45%
CSCO	D	0.41%	2.28%	0.41%
CTSH	F	0.35%	1.31%	0.35%
DAL	B	-0.52%	1.57%	-0.52%
DKS	D	0.47%	1.19%	0.47%
EA	F	0.37%	1.38%	0.37%
EL	F	-0.37%	1.39%	-0.37%
FTNT	F	0.35%	1.32%	0.35%
HAL	F	-0.43%	1.38%	-0.43%
HPQ	C	0.43%	1.39%	0.43%
IBM	D	0.39%	1.93%	0.39%
LMT	B	0.44%	1.89%	0.44%
NTAP	B	0.51%	1.4%	0.51%
TJX	B	0.41%	1.84%	0.41%
ULTA	F	0.29%	1.08%	0.29%

BTAL Overweight 374 Positions Relative to MPAY

Symbol	Grade	Weight
VST	B	0.79%
TPL	C	0.59%
EME	A	0.56%
FMC	C	0.54%
MKL	B	0.52%
SFM	B	0.52%
SNX	A	0.5%
MDU	B	0.5%
RGA	A	0.5%
FTI	B	0.5%
CLH	B	0.49%
RTX	B	0.49%
SO	B	0.49%
KR	D	0.49%
CACI	B	0.49%
CW	B	0.49%
RDN	C	0.48%
WEC	C	0.47%
GD	B	0.47%
FANG	C	0.47%
AVT	B	0.47%
KBR	C	0.47%
LOPE	C	0.47%
CHRW	C	0.47%
ERIE	D	0.47%
EQR	B	0.47%
FOXA	C	0.47%
MCK	B	0.47%
HUBB	C	0.47%
XOM	B	0.47%
AEP	B	0.47%
ED	B	0.47%
EDR	A	0.47%
ACGL	B	0.47%
AMCR	B	0.47%
DCI	B	0.47%
RYAN	B	0.47%
AXS	B	0.47%
DUK	A	0.47%
AVB	B	0.47%
PGR	C	0.47%
TXRH	B	0.46%
MSI	A	0.46%
MUSA	A	0.46%
CASY	B	0.46%
PNW	C	0.46%
TGNA	C	0.46%
FLO	C	0.46%
KMI	A	0.46%
SLGN	C	0.45%
NOC	C	0.45%
HIG	B	0.45%
ROL	B	0.45%
DGX	B	0.45%
BJ	B	0.45%
UNM	B	0.45%
ORI	B	0.45%
HEI	B	0.45%
DECK	C	0.45%
CVX	C	0.45%
GIS	C	0.45%
ELV	B	0.45%
CPB	C	0.45%
HRB	B	0.45%
AMGN	B	0.45%
TSCO	B	0.45%
ATR	C	0.44%
HLT	D	0.44%
GLW	A	0.44%
MSA	B	0.44%
CI	D	0.44%
O	C	0.44%
GPC	C	0.44%
OXY	D	0.44%
GPK	C	0.44%
WPC	C	0.44%
ADC	C	0.44%
EG	D	0.44%
SNA	D	0.44%
GE	C	0.44%
RNR	D	0.43%
TXT	D	0.43%
ORLY	D	0.43%
CB	B	0.43%
DG	D	0.43%
PFE	D	0.43%
BRO	A	0.43%
CHH	F	0.43%
DLR	C	0.43%
UNH	C	0.43%
T	B	0.43%
MMC	B	0.43%
PKG	C	0.43%
MPC	D	0.43%
L	C	0.43%
CTVA	C	0.43%
SBRA	C	0.43%
WEN	D	0.43%
MSFT	B	0.43%
NBIX	B	0.42%
VRSK	B	0.42%
RSG	D	0.42%
KHC	D	0.42%
YUM	C	0.42%
FCN	B	0.42%
RLI	C	0.42%
WM	D	0.42%
CHE	F	0.42%
LPLA	C	0.42%
MRK	B	0.42%
VZ	C	0.42%
PAG	C	0.42%
DLB	C	0.42%
HON	B	0.42%
PNM	D	0.42%
AIZ	D	0.41%
OHI	C	0.41%
DBX	D	0.41%
LIN	D	0.41%
CACC	D	0.41%
THG	C	0.41%
TRV	D	0.41%
GLPI	C	0.41%
TMUS	C	0.41%
LANC	D	0.41%
VICI	C	0.41%
BWXT	D	0.41%
PTC	C	0.41%
SAIC	C	0.4%
COLD	D	0.4%
LLY	B	0.4%
AON	F	0.4%
CNC	B	0.4%
OLLI	D	0.4%
PAYC	F	0.4%
PCAR	D	0.4%
SRPT	C	0.4%
SIGI	F	0.4%
GWRE	A	0.4%
FOXF	D	0.4%
LSCC	F	0.39%
WH	F	0.39%
HUM	D	0.39%
WTM	D	0.39%
JNPR	D	0.39%
HQY	D	0.39%
MSM	D	0.39%
JNJ	D	0.39%
WRB	D	0.39%
CME	D	0.39%
J	D	0.39%
ELS	D	0.39%
XEL	D	0.39%
ON	D	0.38%
VRSN	F	0.38%
WTW	D	0.38%
FFIV	D	0.38%
CBOE	D	0.38%
CF	F	0.38%
DOX	F	0.38%
ROP	D	0.38%
CIEN	C	0.37%
CFLT	D	0.37%
ABBV	D	0.37%
TDY	D	0.37%
MOH	F	0.37%
BMY	F	0.37%
CDW	D	0.37%
GILD	F	0.37%
MCD	D	0.37%
CSX	D	0.37%
DRI	F	0.36%
KNX	F	0.36%
AGL	D	0.35%
NEU	D	0.35%
TNET	F	0.34%
CMG	C	0.34%
X	D	0.33%
ALKS	F	0.33%
AZO	D	0.31%
FIVE	F	0.29%
GL	F	0.28%
GEV	C	0.1%
DV	F	-0.18%
SHLS	F	-0.19%
TXG	F	-0.23%
CRSP	F	-0.25%
U	F	-0.27%
INTC	F	-0.28%
BRZE	F	-0.29%
ZS	F	-0.29%
CLVT	F	-0.29%
NET	F	-0.3%
SAIA	F	-0.3%
SEDG	F	-0.3%
ARWR	F	-0.3%
RBLX	F	-0.31%
OPEN	F	-0.31%
ZI	F	-0.31%
Z	F	-0.32%
UAA	F	-0.32%
SOFI	F	-0.33%
MDB	D	-0.33%
TDOC	F	-0.33%
PATH	D	-0.33%
FIVN	F	-0.34%
ELF	D	-0.34%
EXPE	F	-0.34%
DOCS	F	-0.34%
ALIT	F	-0.34%
PLD	F	-0.34%
WBA	F	-0.34%
ILMN	F	-0.34%
SAM	F	-0.34%
THO	F	-0.35%
TSLA	D	-0.35%
CLF	F	-0.35%
UBER	D	-0.35%
DAY	F	-0.35%
RGEN	D	-0.35%
ODFL	F	-0.35%
COTY	F	-0.35%
AFRM	D	-0.35%
PVH	D	-0.35%
FCNCA	C	-0.36%
NTLA	D	-0.36%
CZR	F	-0.36%
TFX	D	-0.36%
LITE	D	-0.36%
PLTR	D	-0.36%
ETSY	F	-0.36%
ENPH	D	-0.37%
IDXX	C	-0.37%
DXC	F	-0.37%
ROKU	D	-0.37%
SSD	D	-0.37%
FOUR	D	-0.37%
MPWR	B	-0.37%
BLDR	D	-0.37%
RYN	F	-0.37%
VEEV	D	-0.38%
RIVN	F	-0.38%
CRL	D	-0.38%
CHWY	F	-0.38%
EXAS	F	-0.38%
EFX	C	-0.38%
PTON	D	-0.38%
CACC	D	-0.38%
COHR	D	-0.38%
HUBS	D	-0.38%
TREX	D	-0.38%
SITE	D	-0.39%
VNO	D	-0.39%
BXP	C	-0.39%
IQV	D	-0.39%
CTLT	D	-0.39%
SMAR	D	-0.39%
VLY	D	-0.39%
INSP	F	-0.39%
WOLF	F	-0.39%
MGM	F	-0.4%
WBS	D	-0.4%
BX	B	-0.4%
CCL	F	-0.4%
ABNB	D	-0.4%
PENN	F	-0.4%
DASH	D	-0.4%
TPG	D	-0.4%
CG	D	-0.4%
SQ	D	-0.4%
KRC	D	-0.4%
XPO	D	-0.4%
ICUI	D	-0.41%
NCLH	F	-0.41%
DUOL	F	-0.41%
GXO	D	-0.41%
CC	C	-0.41%
SLB	F	-0.41%
PNFP	C	-0.41%
FYBR	B	-0.41%
APO	B	-0.41%
MRVL	D	-0.41%
RUN	D	-0.41%
SWK	D	-0.42%
COIN	D	-0.42%
TROW	C	-0.42%
TRU	B	-0.42%
CBRE	C	-0.42%
PYPL	D	-0.43%
ALB	D	-0.43%
JHG	A	-0.43%
BLD	C	-0.43%
WMS	B	-0.43%
UGI	C	-0.43%
FND	C	-0.43%
JLL	A	-0.43%
CUZ	B	-0.43%
APG	D	-0.43%
SEE	C	-0.43%
ELAN	B	-0.43%
HOOD	C	-0.43%
TWLO	D	-0.43%
OWL	C	-0.43%
CE	D	-0.43%
MHK	C	-0.43%
AXON	D	-0.44%
NWE	C	-0.44%
OVV	D	-0.44%
TGT	D	-0.44%
KKR	A	-0.44%
LYFT	D	-0.44%
CSGP	D	-0.44%
DKNG	C	-0.44%
URI	B	-0.44%
TTD	B	-0.44%
AMKR	C	-0.44%
SNV	B	-0.44%
USFD	B	-0.44%
BKH	C	-0.45%
WAL	C	-0.45%
PNR	B	-0.45%
NVCR	C	-0.45%
KEY	B	-0.45%
LAMR	A	-0.45%
CHX	D	-0.45%
OMF	C	-0.45%
MP	C	-0.45%
EXP	B	-0.45%
ALLY	B	-0.45%
CMA	B	-0.45%
MIDD	F	-0.45%
LNC	C	-0.45%
ITT	A	-0.45%
DAR	D	-0.45%
ARE	C	-0.45%
ZBRA	A	-0.46%
JEF	A	-0.46%
CAR	D	-0.46%
DOCU	C	-0.46%
NOV	F	-0.46%
PINS	B	-0.46%
RH	C	-0.46%
GH	C	-0.46%
AVA	C	-0.47%
ZION	B	-0.47%
AWK	C	-0.47%
RNG	C	-0.47%
D	B	-0.47%
OZK	C	-0.47%
PARA	D	-0.48%
SMG	D	-0.48%
GTLS	C	-0.49%
IOT	B	-0.49%
CFG	B	-0.49%
OC	B	-0.5%
RIG	D	-0.5%
WCC	B	-0.5%
CWEN	C	-0.51%
LPX	A	-0.51%
CELH	C	-0.52%
GNRC	C	-0.52%
ETRN	B	-0.52%
MRNA	C	-0.52%
AES	B	-0.53%
HCP	C	-0.54%
FCX	B	-0.56%
W	C	-0.56%
NTRA	B	-0.58%
AA	B	-0.6%
SNAP	C	-0.61%
APP	C	-0.61%
MSTR	D	-0.62%
NRG	B	-0.65%
CVNA	C	-0.69%

BTAL Underweight 34 Positions Relative to MPAY

Symbol	Grade	Weight
GOOGL	B	-8.96%
AMZN	C	-8.38%
AAPL	B	-7.88%
HD	D	-3.02%
ACN	F	-2.18%
NKE	F	-2.02%
DELL	B	-2.01%
BKNG	B	-1.98%
UPS	D	-1.95%
MELI	C	-1.86%
USHY	A	-1.84%
CL	B	-1.73%
HCA	C	-1.68%
KMB	C	-1.6%
CDNS	D	-1.58%
SBUX	F	-1.51%
LDOS	B	-1.51%
FDX	D	-1.5%
MMM	A	-1.45%
BAH	C	-1.41%
OTIS	C	-1.41%
WSM	B	-1.37%
LII	B	-1.36%
SYY	D	-1.35%
MTD	A	-1.35%
KEYS	C	-1.35%
EBAY	B	-1.35%
IT	D	-1.33%
STLA	D	-1.3%
STLD	D	-1.26%
CLX	F	-1.25%
BBY	D	-1.22%
JBL	F	-1.16%
BAX	F	-1.15%