CEFS vs. BLV ETF Comparison

Comparison of Exchange Listed Funds Trust ETF (CEFS) to Vanguard Long-Term Bond ETF (BLV)

CEFS

Exchange Listed Funds Trust ETF

CEFS Description

The investment seeks to provide capital appreciation and dividend income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds (the "underlying funds"). The advisor expects to invest in underlying funds operated by a diversified group of closed-end fund managers ("underlying fund managers"). The fund normally invests in underlying funds that primarily pursue high yield opportunities.

Grade (RS Rating)

Last Trade

$21.89

Average Daily Volume

49,454

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

BLV

Vanguard Long-Term Bond ETF

BLV Description

The investment seeks to track the performance of a market-weighted bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$70.23

Average Daily Volume

613,992

Number of Holdings ^*

342

* may have additional holdings in another (foreign) market

Performance

Period	CEFS	BLV
30 Days	-2.15%	-5.91%
60 Days	0.96%	-3.71%
90 Days	3.39%	-4.30%
12 Months	35.02%	11.56%

0 Overlapping Holdings

	Symbol	Grade	Weight in CEFS	Weight in BLV	Overlap

CEFS Overweight 105 Positions Relative to BLV

Symbol	Grade	Weight
BIGZ	A	12.12%
ASA	B	8.22%
BCAT	C	5.82%
ADX	A	5.52%
BFZ	D	5.03%
ASGI	A	4.03%
ENX	D	3.8%
PDX	C	3.35%
NQP	D	3.12%
GDV	C	3.0%
NXJ	D	3.0%
HQL	D	2.89%
EVM	D	2.23%
BSTZ	A	2.22%
BMEZ	A	2.16%
HQH	D	2.13%
GRX	D	1.86%
AFB	D	1.8%
VTN	C	1.76%
MHI	C	1.68%
TEAF	B	1.66%
LGI	D	1.56%
EDD	D	1.35%
VPV	C	1.25%
NFJ	D	1.2%
ECF	A	1.16%
FMN	D	1.1%
KSM	B	1.09%
NTG	A	1.07%
EMO	B	1.04%
LEO	D	1.03%
AOD	C	1.02%
VGM	C	1.0%
PGZ	D	0.85%
JRI	B	0.84%
MAV	D	0.84%
NPFD	A	0.83%
NBH	D	0.76%
DMF	C	0.66%
IHD	C	0.65%
CEV	D	0.64%
GAM	C	0.58%
DSM	D	0.56%
CXE	D	0.47%
HYB	C	0.46%
VKQ	C	0.41%
BOE	B	0.39%
VCV	D	0.39%
IDE	A	0.32%
NDP	B	0.32%
DMB	D	0.3%
PCK	D	0.26%
VMO	C	0.23%
TWN	B	0.22%
PEO	B	0.22%
CPZ	A	0.22%
RA	A	0.21%
EOD	D	0.19%
GNT	C	0.18%
TTP	A	0.15%
FGB	A	0.13%
AGD	C	0.13%
MPA	D	0.11%
CMU	C	0.1%
CXH	B	0.09%
ERH	C	0.09%
MFD	C	0.08%
TYG	B	0.06%
GLO	C	0.05%
NML	B	0.05%
HEQ	C	0.03%
PNI	D	0.03%
IGA	B	0.03%
GLV	C	0.03%
MFM	C	0.02%
MUJ	D	0.02%
DIAX	B	0.02%
KYN	B	0.02%
SBI	C	0.02%
GLQ	C	0.01%
MVT	D	0.01%
GF	C	0.01%
MUC	D	0.01%
BTT	C	0.01%
MYN	D	0.01%
NAC	D	0.01%
MXE	F	0.01%
BCV	B	0.01%
PFO	C	0.01%
ETW	A	0.0%
NAN	C	0.0%
NMT	A	0.0%
MUE	C	0.0%
MIY	C	0.0%
BNY	D	0.0%
BHV	D	0.0%
NOM	D	0.0%
RMT	D	0.0%
VFL	D	0.0%
IIF	C	0.0%
NAZ	C	0.0%
BGY	D	0.0%
SWZ	D	0.0%
MHN	D	0.0%
PYN	D	0.0%

CEFS Underweight 342 Positions Relative to BLV

Symbol	Grade	Weight
WIT	B	-1.44%
MDT	B	-0.05%
COST	D	-0.04%
FITB	B	-0.04%
HPE	A	-0.04%
WY	D	-0.04%
EQH	B	-0.04%
ALLY	F	-0.04%
CARR	D	-0.04%
DD	D	-0.04%
DELL	A	-0.04%
HPQ	B	-0.03%
NUE	F	-0.03%
SCCO	B	-0.03%
TAP	D	-0.03%
CRM	A	-0.03%
HAL	F	-0.03%
BHP	C	-0.03%
AVGO	B	-0.03%
CSCO	B	-0.03%
AMZN	A	-0.03%
PYPL	B	-0.02%
TEL	A	-0.02%
CF	B	-0.02%
AXP	A	-0.02%
CME	B	-0.02%
OHI	B	-0.02%
LEA	F	-0.02%
MDLZ	D	-0.02%
VMC	A	-0.02%
BHF	B	-0.02%
FANG	F	-0.02%
AJG	D	-0.02%
EBAY	D	-0.02%
GPN	D	-0.02%
WU	F	-0.02%
WHR	B	-0.02%
MAR	A	-0.02%
ADI	C	-0.02%
ICE	C	-0.02%
VLO	F	-0.02%
CAG	D	-0.02%
GOOGL	A	-0.02%
GM	B	-0.02%
BIIB	F	-0.02%
BABA	B	-0.02%
FOXA	A	-0.02%
NVDA	B	-0.02%
PSX	F	-0.02%
VTRS	B	-0.02%
GSK	F	-0.02%
AAPL	C	-0.02%
MS	B	-0.02%
AMGN	C	-0.02%
ABBV	A	-0.02%
CPT	D	-0.01%
VTR	B	-0.01%
STLD	A	-0.01%
WPC	F	-0.01%
RPM	B	-0.01%
PECO	B	-0.01%
DOC	C	-0.01%
SCHW	B	-0.01%
BAX	F	-0.01%
AIZ	D	-0.01%
AGO	B	-0.01%
AES	F	-0.01%
CHD	B	-0.01%
ADC	C	-0.01%
AAT	C	-0.01%
BEN	B	-0.01%
CACC	F	-0.01%
HIW	C	-0.01%
JD	A	-0.01%
FRT	D	-0.01%
FNF	C	-0.01%
REG	D	-0.01%
AVA	D	-0.01%
CHI	C	-0.01%
UDR	D	-0.01%
SWX	C	-0.01%
TJX	D	-0.01%
SIGI	C	-0.01%
DT	B	-0.01%
EXR	D	-0.01%
DRI	C	-0.01%
XYL	F	-0.01%
MKC	C	-0.01%
OPI	F	-0.01%
PDM	C	-0.01%
K	A	-0.01%
JNPR	A	-0.01%
IDA	A	-0.01%
DGX	B	-0.01%
MAA	D	-0.01%
LXP	D	-0.01%
KRC	B	-0.01%
KSS	F	-0.01%
WELL	A	-0.01%
WTRG	C	-0.01%
WEST	F	-0.01%
ORI	D	-0.01%
OC	B	-0.01%
NYC	C	-0.01%
NWE	D	-0.01%
MSI	B	-0.01%
KIM	B	-0.01%
HON	B	-0.01%
INGR	C	-0.01%
EQIX	B	-0.01%
EOG	D	-0.01%
FTV	F	-0.01%
DOV	B	-0.01%
CAH	B	-0.01%
ALB	C	-0.01%
BWA	D	-0.01%
AFL	D	-0.01%
AFG	D	-0.01%
CFG	A	-0.01%
APTV	F	-0.01%
CPB	D	-0.01%
COO	D	-0.01%
UAL	A	-0.01%
VOYA	B	-0.01%
VMI	A	-0.01%
STE	D	-0.01%
SNA	A	-0.01%
ROK	B	-0.01%
RF	B	-0.01%
SBRA	B	-0.01%
ZBH	C	-0.01%
NOV	F	-0.01%
NNN	D	-0.01%
NDAQ	B	-0.01%
OGE	C	-0.01%
LHX	A	-0.01%
LH	A	-0.01%
NXPI	C	-0.01%
IVZ	A	-0.01%
HRL	F	-0.01%
HOG	F	-0.01%
JEF	B	-0.01%
HAS	D	-0.01%
L	C	-0.01%
ESS	D	-0.01%
DG	F	-0.01%
FE	D	-0.01%
EE	A	-0.01%
EA	A	-0.01%
FMC	B	-0.01%
CMI	B	-0.01%
AVB	C	-0.01%
CL	F	-0.01%
CINF	B	-0.01%
UNM	A	-0.01%
PKG	A	-0.01%
PFG	C	-0.01%
REGN	F	-0.01%
SPGI	D	-0.01%
EG	F	-0.01%
SYK	A	-0.01%
SWK	D	-0.01%
VRSK	B	-0.01%
STZ	F	-0.01%
PEG	B	-0.01%
AON	A	-0.01%
WEC	B	-0.01%
ATO	B	-0.01%
AEP	D	-0.01%
AEE	B	-0.01%
ADM	F	-0.01%
ACGL	F	-0.01%
ARE	F	-0.01%
CTS	A	-0.01%
DTE	C	-0.01%
EVRG	C	-0.01%
FIS	B	-0.01%
ETN	B	-0.01%
ALL	C	-0.01%
AWK	D	-0.01%
HIG	D	-0.01%
IFF	D	-0.01%
JCI	B	-0.01%
KMB	D	-0.01%
ES	D	-0.01%
EQR	D	-0.01%
EL	F	-0.01%
KDP	F	-0.01%
HUM	F	-0.01%
MLM	A	-0.01%
OTIS	B	-0.01%
NEE	D	-0.01%
LNC	A	-0.01%
OKE	B	-0.01%
LIN	C	-0.01%
OGS	C	-0.01%
O	D	-0.01%
MCO	D	-0.01%
PPL	C	-0.01%
XEL	A	-0.01%
MOS	B	-0.01%
MAS	D	-0.01%
TRV	B	-0.01%
PNW	D	-0.01%
PLD	F	-0.01%
SJM	F	-0.01%
RSG	D	-0.01%
RPRX	D	-0.01%
SHW	D	-0.01%
PG	D	-0.01%
TT	C	-0.01%
CMS	C	-0.01%
BKH	D	-0.01%
APD	B	-0.01%
CCI	D	-0.01%
AMAT	F	-0.01%
CP	F	-0.01%
TGT	D	-0.01%
GD	C	-0.01%
CNP	C	-0.01%
EMN	C	-0.01%
DE	B	-0.01%
IPG	F	-0.01%
IP	A	-0.01%
JBLU	D	-0.01%
GWW	A	-0.01%
NI	B	-0.01%
PAA	D	-0.01%
MKL	D	-0.01%
MRO	C	-0.01%
ITW	A	-0.01%
HSY	F	-0.01%
WRB	C	-0.01%
WM	A	-0.01%
WLK	F	-0.01%
LNT	C	-0.01%
KR	A	-0.01%
EQNR	F	-0.01%
EIX	D	-0.01%
ED	C	-0.01%
ECL	C	-0.01%
D	B	-0.01%
CVX	A	-0.01%
GIS	D	-0.01%
KOF	F	-0.01%
KLAC	F	-0.01%
NKE	F	-0.01%
MMC	D	-0.01%
NEM	D	-0.01%
NSC	B	-0.01%
WBA	C	-0.01%
LRCX	F	-0.01%
LLY	F	-0.01%
MCD	C	-0.01%
ZTS	D	-0.01%
LYB	F	-0.01%
TMO	D	-0.01%
PM	A	-0.01%
PH	A	-0.01%
RJF	A	-0.01%
AMT	D	-0.01%
UPS	C	-0.01%
DVN	F	-0.01%
CSX	F	-0.01%
EXC	C	-0.01%
DOW	F	-0.01%
BSX	C	-0.01%
ETR	A	-0.01%
HES	B	-0.01%
DHR	D	-0.01%
MPC	F	-0.01%
GLW	A	-0.01%
MMM	D	-0.01%
MUFG	A	-0.01%
PEP	D	-0.01%
SBUX	A	-0.01%
SPG	C	-0.01%
SRE	C	-0.01%
PHM	D	-0.01%
PGR	D	-0.01%
MET	C	-0.01%
AIG	B	-0.01%
ET	A	-0.01%
FDX	C	-0.01%
MRK	F	-0.01%
WMB	A	-0.01%
LMT	D	-0.01%
SYY	D	-0.01%
PRU	B	-0.01%
CAT	B	-0.01%
TXN	A	-0.01%
TSN	D	-0.01%
KO	D	-0.01%
EPD	A	-0.01%
MPLX	A	-0.01%
WMT	A	-0.01%
BDX	C	-0.01%
C	A	-0.01%
GILD	A	-0.01%
INTC	C	-0.01%
LOW	B	-0.01%
SO	C	-0.01%
MA	B	-0.01%
UNH	C	-0.01%
CB	C	-0.01%
DUK	C	-0.01%
JNJ	D	-0.01%
HCA	D	-0.01%
KMI	B	-0.01%
ABT	A	-0.01%
DIS	C	-0.01%
MO	A	-0.01%
QCOM	D	-0.01%
UNP	D	-0.01%
CI	D	-0.01%
COP	D	-0.01%
NOC	D	-0.01%
IBM	C	-0.01%
RTX	C	-0.01%
V	A	-0.01%
AZN	F	-0.01%
XOM	C	-0.01%
VOD	D	-0.01%
BMY	A	-0.01%
JPM	A	-0.01%
TMUS	B	-0.01%
HSBC	A	-0.01%
HD	B	-0.01%
ORCL	B	-0.01%
PCG	B	-0.01%
CMCSA	A	-0.01%
CHTR	B	-0.01%
PFE	D	-0.01%
VZ	D	-0.01%
WFC	B	-0.01%
BAC	B	-0.01%
BA	F	-0.01%
MSFT	D	-0.01%
T	A	-0.01%
GS	B	-0.01%
CVS	F	-0.01%
GE	D	-0.01%

CEFS: Top Represented Industries & Keywords

Industries: Asset Management Other