CEFS vs. XMPT ETF Comparison

Comparison of Exchange Listed Funds Trust ETF (CEFS) to Market Vectors CEF Municipal Income ETF (XMPT)

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

$19.66

Average Daily Volume

48,856

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XMPT

Market Vectors CEF Municipal Income ETF

XMPT Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the S-Network Municipal Bond Closed-End Fund IndexSM (the "CEFMX Index"). The fund normally invests at least 80% of its total assets in investments the income from which is exempt from U.S. federal income tax (other than AMT). It normally invests at least 80% of its total assets in securities of issuers that comprise the fund's benchmark index. The CEFMX Index is comprised of shares of U.S.-listed closed-end funds.

Grade (RS Rating)

Last Trade

$20.93

Average Daily Volume

42,333

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CEFS	XMPT
30 Days	-0.57%	-2.64%
60 Days	1.61%	-2.46%
90 Days	6.36%	-0.20%
12 Months	17.79%	-0.10%

11 Overlapping Holdings

Symbol	Grade	Weight in CEFS	Weight in XMPT	Overlap
AFB	D	0.01%	1.14%	0.01%
DMF	B	0.95%	0.47%	0.47%
DSM	D	0.0%	1.05%	0.0%
KTF	A	0.02%	1.28%	0.02%
MAV	C	0.77%	0.65%	0.65%
MHI	D	2.46%	0.67%	0.67%
MVT	D	0.0%	0.75%	0.0%
NAD	D	0.01%	8.04%	0.01%
NBH	C	1.11%	1.02%	1.02%
NVG	D	0.0%	8.01%	0.0%
NZF	B	0.66%	7.89%	0.66%

CEFS Overweight 75 Positions Relative to XMPT

Symbol	Grade	Weight
BIGZ	D	20.38%
EMO	B	17.8%
ADX	A	11.62%
ASA	A	11.27%
CTR	B	9.31%
BCAT	C	9.03%
BFZ	D	7.84%
ENX	D	5.92%
PDX	B	5.33%
ASGI	C	4.99%
NQP	B	4.55%
NXJ	C	4.4%
BSTZ	C	3.71%
JRI	C	3.69%
BMEZ	D	3.41%
EVM	C	3.4%
EDD	C	3.13%
VTN	B	2.6%
TEAF	B	2.43%
ECF	D	1.71%
KSM	A	1.66%
VPV	C	1.63%
FMN	C	1.57%
PGZ	C	1.46%
NTG	B	1.46%
IDE	A	1.25%
IHD	A	1.05%
CEV	C	1.0%
HQL	D	0.89%
NFJ	C	0.87%
GAM	A	0.83%
HYB	C	0.65%
IGA	B	0.61%
NDP	A	0.49%
HQH	D	0.43%
NPFD	C	0.42%
CPZ	A	0.35%
TWN	B	0.33%
CMU	B	0.3%
RA	F	0.27%
GNT	A	0.26%
CXH	D	0.22%
SBI	B	0.21%
LGI	C	0.2%
TTP	A	0.18%
MPA	A	0.17%
NML	A	0.12%
FEI	A	0.08%
TYG	B	0.08%
DHF	C	0.06%
AGD	C	0.05%
GRX	D	0.04%
MXE	A	0.03%
BOE	C	0.03%
FGB	C	0.02%
MYN	C	0.02%
EOD	B	0.01%
PEO	A	0.01%
NAC	D	0.01%
MHN	D	0.01%
VCV	D	0.01%
MUC	D	0.01%
NOM	C	0.0%
GLQ	A	0.0%
PFO	C	0.0%
FPL	A	0.0%
NMT	B	0.0%
BNY	C	0.0%
MIY	B	0.0%
BHV	C	0.0%
NAZ	C	0.0%
CXE	D	0.0%
MUJ	C	0.0%
MFD	D	0.0%
NAN	C	0.0%

CEFS Underweight 43 Positions Relative to XMPT

Symbol	Grade	Weight
NEA	D	-8.02%
BTT	D	-4.68%
NUV	D	-4.16%
NMZ	A	-3.02%
MUI	C	-2.77%
EIM	C	-2.36%
MQY	C	-2.29%
VMO	D	-2.15%
MHD	D	-2.07%
MYI	D	-2.0%
IIM	D	-1.87%
MMU	C	-1.87%
IQI	D	-1.86%
VGM	D	-1.78%
VKQ	D	-1.77%
BLE	D	-1.68%
MYD	D	-1.64%
MVF	C	-1.48%
BFK	D	-1.47%
NDMO	A	-1.4%
LEO	D	-1.39%
EVN	D	-1.31%
NXP	D	-1.29%
PML	D	-1.27%
VKI	D	-1.26%
BYM	C	-0.96%
PMO	D	-0.86%
MUA	A	-0.83%
MUE	D	-0.81%
MQT	D	-0.75%
MFM	D	-0.73%
PMM	C	-0.73%
DMB	D	-0.71%
EOT	D	-0.7%
NUW	D	-0.67%
PMX	D	-0.64%
OIA	D	-0.56%
BKN	B	-0.54%
VFL	D	-0.47%
PMF	D	-0.46%
ETX	B	-0.43%
BMN	A	-0.39%
BTA	D	-0.26%

CEFS: Top Represented Industries & Keywords

Industries: Asset Management Other

XMPT: Top Represented Industries & Keywords

Industries: Asset Management