COWS vs. QQQN ETF Comparison

Comparison of Amplify Cash Flow Dividend Leaders ETF (COWS) to VictoryShares Nasdaq Next 50 ETF (QQQN)
COWS

Amplify Cash Flow Dividend Leaders ETF

COWS Description

COWS is an index tracking fund utilizing a replication strategy. The index strategy aims to invest in US stocks of companies perceived to be stable and pay dividends. The starting investment universe considers the 1000 most liquid US-listed companies, excluding the financial sector. Filtering this universe, the 100 highest ranked free cash flow yielding stocks, as measured by equally weighting the stocks average trailing and forward cash flow yield. Companies with no forward estimates for free cash flow yields or earnings are removed. The investment universe is then filtered to identify dividend paying stocks with three years of uninterrupted dividend growth. Stocks with a payout ratio greater than 75% are eliminated. The top 10% of dividend yielding stocks are selected for the index. This process results in 40-100 stocks being selected and initially equally weighted in the index. Industry exposure is capped at 24%. Index holdings are reconstituted and rebalanced on a quarterly basis.

Grade (RS Rating)

Last Trade

$31.69

Average Daily Volume

6,514

Number of Holdings *

53

* may have additional holdings in another (foreign) market
QQQN

VictoryShares Nasdaq Next 50 ETF

QQQN Description The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.

Grade (RS Rating)

Last Trade

$31.65

Average Daily Volume

6,312

Number of Holdings *

49

* may have additional holdings in another (foreign) market
Performance
Period COWS QQQN
30 Days 8.32% 3.53%
60 Days 7.64% 4.80%
90 Days 8.17% 10.05%
12 Months 29.39% 35.21%
2 Overlapping Holdings
Symbol Grade Weight in COWS Weight in QQQN Overlap
EBAY D 2.3% 3.03% 2.3%
SWKS F 1.84% 1.48% 1.48%
COWS Overweight 51 Positions Relative to QQQN
Symbol Grade Weight
VST B 4.0%
SNA A 2.95%
OC A 2.76%
G B 2.68%
CMCSA B 2.56%
MRO B 2.49%
CF B 2.48%
SLB C 2.48%
HAL C 2.43%
BC C 2.42%
FNF B 2.35%
FDX B 2.31%
TPR B 2.21%
WSM B 2.17%
TKR D 2.13%
BMY B 2.07%
ALSN B 2.03%
PARA C 2.02%
SM B 2.02%
PVH C 1.95%
PTEN C 1.93%
VLO C 1.89%
NXST C 1.86%
BEN C 1.8%
BBWI D 1.75%
NOV C 1.74%
PR B 1.74%
MGY A 1.73%
MUR D 1.72%
MTDR B 1.67%
GAP C 1.67%
ASO F 1.63%
T A 1.6%
MCK B 1.48%
DVN F 1.48%
VNT B 1.46%
OLN D 1.45%
TMUS B 1.43%
DNB B 1.43%
AYI B 1.4%
BWA D 1.37%
CSCO B 1.34%
AEO F 1.33%
LEA D 1.33%
RL B 1.29%
OGN D 1.29%
OSK B 1.27%
INGR B 1.25%
IPG D 1.23%
SAIC F 1.19%
ENS D 1.12%
COWS Underweight 47 Positions Relative to QQQN
Symbol Grade Weight
APP B -4.61%
ALNY D -3.68%
MSTR C -3.64%
MPWR F -3.59%
AXON A -3.25%
TSCO D -3.07%
NTAP C -2.37%
UAL A -2.36%
CHKP D -2.26%
ICLR D -2.26%
WDC D -2.23%
TCOM B -2.22%
PTC A -2.16%
STX D -2.12%
FSLR F -2.01%
TER D -1.98%
STLD B -1.94%
EXPE B -1.92%
ZM B -1.86%
ZBRA B -1.86%
HOLX D -1.84%
SSNC B -1.81%
ARGX A -1.77%
VRSN F -1.77%
JBHT C -1.74%
DKNG B -1.73%
ULTA F -1.68%
GEN B -1.61%
MANH D -1.61%
LNT A -1.55%
ENTG D -1.52%
AKAM D -1.52%
UTHR C -1.52%
ALGN D -1.51%
SNY F -1.51%
NTNX A -1.45%
NTRA B -1.43%
NDSN B -1.39%
BSY D -1.39%
CPB D -1.37%
BMRN D -1.3%
BNTX D -1.06%
ENPH F -1.04%
NWSA B -0.95%
FOXA B -0.92%
FOX A -0.88%
NWS B -0.51%
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