CUT vs. DIVS ETF Comparison

Comparison of Invesco MSCI Global Timber ETF (CUT) to SmartETFs Dividend Builder ETF (DIVS)

CUT

Invesco MSCI Global Timber ETF

CUT Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Global Timber Index. The fund will invest at least 90% of its total assets in common stock, American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the index and depositary receipts representing common stocks included in the index (or underlying securities representing the ADRs and GDRs included in the index). It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.80

Average Daily Volume

3,515

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DIVS

SmartETFs Dividend Builder ETF

DIVS Description

The investment seeks a moderate level of current income and consistent dividend growth at a rate that exceeds inflation. The fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in publicly-traded equity securities in dividend-paying companies that the Adviser believes have the ability to consistently increase their dividend payments over the medium term (three to five years). Equity Securities may include common stocks, preferred stocks, securities convertible into common stocks, rights and warrants.

Grade (RS Rating)

Last Trade

$29.82

Average Daily Volume

2,410

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CUT	DIVS
30 Days	2.82%	1.95%
60 Days	1.90%	4.90%
90 Days	5.79%	6.22%
12 Months	18.49%	23.21%

0 Overlapping Holdings

	Symbol	Grade	Weight in CUT	Weight in DIVS	Overlap

CUT Overweight 18 Positions Relative to DIVS

Symbol	Grade	Weight
PKG	B	5.24%
AVY	D	5.17%
WY	C	5.16%
SW	C	5.1%
AMCR	C	5.09%
IP	C	5.0%
GPK	B	4.5%
LPX	B	3.07%
SON	D	2.67%
SEE	D	2.42%
WFG	A	2.4%
RYN	C	2.2%
PCH	C	1.71%
SLVM	A	1.3%
PTVE	D	0.25%
CLW	F	0.24%
PACK	D	0.14%
MERC	F	0.13%

CUT Underweight 24 Positions Relative to DIVS

Symbol	Grade	Weight
AJG	D	-3.27%
ABBV	C	-3.27%
AFL	C	-3.22%
UL	C	-3.16%
AVGO	C	-3.11%
JNJ	C	-2.99%
MDT	C	-2.91%
MDLZ	C	-2.89%
TSM	C	-2.89%
MSFT	C	-2.87%
CSCO	B	-2.82%
PAYX	C	-2.81%
ITW	C	-2.75%
PG	C	-2.75%
KO	B	-2.74%
BLK	B	-2.73%
PEP	D	-2.71%
ABBV	C	-2.68%
DEO	D	-2.63%
CME	C	-2.61%
TXN	C	-2.59%
OTIS	C	-2.57%
EMR	D	-2.39%
ETN	C	-2.36%

CUT: Top Represented Industries & Keywords

Industries: Packaging & Containers Lumber & Wood Production Paper & Paper Products Building Materials Business Equipment Conglomerates REIT - Diversified