DIVL vs. QOWZ ETF Comparison

Comparison of Madison Dividend Value ETF (DIVL) to Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ)

DIVL

Madison Dividend Value ETF

DIVL Description

The fund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization of over $1 billion and a history of paying dividends, with the ability to increase dividends over time. Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in dividend paying equity securities. The fund may also invest up to 50% of its common stock allocation in foreign securities, including ADRs and emerging market securities.

Grade (RS Rating)

Last Trade

$20.11

Average Daily Volume

5,928

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

QOWZ

Invesco Nasdaq Free Cash Flow Achievers ETF

QOWZ Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which is designed to track the performance of U.S.-listed companies with continuous and stable growth in free cash flow. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.74

Average Daily Volume

1,405

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	DIVL	QOWZ
30 Days	-3.11%	-3.15%
60 Days	-1.06%	-3.71%
90 Days	1.55%	2.47%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in DIVL	Weight in QOWZ	Overlap
	ADP	D	3.6%	2.58%	2.58%

DIVL Overweight 9 Positions Relative to QOWZ

	Symbol	Grade	Weight
	FAST	D	4.48%
	ABBV	D	4.01%
	HD	D	3.81%
	MDT	C	3.72%
	EOG	B	3.69%
	MS	A	3.59%
	CMCSA	F	3.58%
	CME	D	3.5%
	BAC	B	3.44%

DIVL Underweight 9 Positions Relative to QOWZ

	Symbol	Grade	Weight
	NVDA	C	-11.12%
	AVGO	D	-5.81%
	MA	D	-5.03%
	CRM	D	-4.07%
	TMO	C	-3.69%
	ADBE	D	-3.48%
	INTU	C	-3.3%
	AMGN	A	-3.15%
	NOW	D	-3.1%

DIVL: Top Represented Industries & Keywords

Industries: Banks - Global Business Services Capital Markets Drug Manufacturers - Major Financial Data & Stock Exchanges Home Improvement Stores Industrial Distribution Medical Devices Oil & Gas E&P Pay TV

Keywords: S&P 500 Nasdaq 100 Crude Oil Financial Products Investment Bank Liability Management Natural Gas Ablation Ablation Products Adalimumab Advanced Energy Advanced Prostate Cancer Advertising Services Amusement Parks Anemia Asset Management Services Atopic Dermatitis Atrial Fibrillation Autoimmune Disease Backhaul

QOWZ: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Business Services Credit Services Diagnostics & Research Drug Manufacturers - Major

Keywords: S&P 500 Nasdaq 100 Computing Smartphones Systems Integrator Biotechnology CRM Customer Relationship Management Digital Marketing Dow Jones Component Fabless Semiconductor Companies Management Applications Network Access Payment Processing Payment Solutions Payment Systems Software As A Service Software Vendors Telecommunications Transaction Processing