DIVL vs. USMC ETF Comparison

Comparison of Madison Dividend Value ETF (DIVL) to Principal U.S. Mega-Cap ETF (USMC)

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

$22.71

Average Daily Volume

2,673

Number of Holdings ^*

* may have additional holdings in another (foreign) market

USMC

Principal U.S. Mega-Cap ETF

USMC Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq US Mega Cap Select Leaders Index (the index). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities of companies in the Nasdaq US 500 Large Cap Index (the parent index) that have the largest market capitalizations, with higher weights given to less volatile securities.

Grade (RS Rating)

Last Trade

$59.43

Average Daily Volume

57,211

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DIVL	USMC
30 Days	2.44%	3.90%
60 Days	5.00%	4.90%
90 Days	6.85%	6.95%
12 Months	22.78%	32.27%

7 Overlapping Holdings

Symbol	Grade	Weight in DIVL	Weight in USMC	Overlap
ABBV	D	3.54%	2.7%	2.7%
BAC	A	2.61%	3.03%	2.61%
HD	A	3.83%	3.23%	3.23%
JNJ	D	2.77%	2.77%	2.77%
JPM	A	3.52%	4.78%	3.52%
PG	A	1.41%	4.49%	1.41%
XOM	B	1.91%	4.63%	1.91%

DIVL Overweight 29 Positions Relative to USMC

Symbol	Grade	Weight
MS	A	4.78%
FAST	B	4.53%
ADP	B	4.51%
BLK	C	3.99%
HON	B	3.92%
TXN	C	3.85%
LOW	D	3.29%
EOG	A	3.17%
CVX	A	3.1%
CMCSA	B	2.82%
UNP	C	2.74%
NEE	D	2.69%
HPE	B	2.65%
MDT	D	2.64%
CME	A	2.63%
AMT	D	2.58%
COP	C	2.57%
USB	A	2.54%
MKC	D	2.35%
APD	A	2.29%
D	C	2.28%
CMI	A	2.16%
DGX	A	2.02%
NKE	D	1.36%
PEP	F	1.32%
ABT	B	1.25%
DE	A	1.14%
PAYX	C	1.13%
CL	D	0.99%

DIVL Underweight 18 Positions Relative to USMC

Symbol	Grade	Weight
AAPL	C	-6.61%
MSFT	F	-6.37%
NFLX	A	-5.21%
BRK.A	B	-5.04%
NVDA	C	-4.89%
V	A	-4.89%
MA	C	-4.78%
META	D	-4.74%
UNH	C	-4.25%
GOOGL	C	-4.08%
AMZN	C	-3.76%
AVGO	D	-3.55%
TSLA	B	-3.3%
WMT	A	-3.21%
COST	B	-2.79%
LLY	F	-2.32%
AMD	F	-2.18%
MRK	F	-2.11%