ECML vs. COWS ETF Comparison

Comparison of EA Series Trust Euclidean Fundamental Value ETF (ECML) to Amplify Cash Flow Dividend Leaders ETF (COWS)

ECML

EA Series Trust Euclidean Fundamental Value ETF

ECML Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in U.S. equity securities that the sub-adviser believes are under-valued and under-appreciated by the market. The sub-adviser employs a quantitative and systematic approach to long-term investing. It is expected that the fund will generally hold 60 to 70 stocks that are selected from a universe that includes all publicly traded stocks listed on the New York Stock Exchange ("NYSE") and the Nasdaq Market ("Nasdaq").

Grade (RS Rating)

Last Trade

$35.74

Average Daily Volume

1,188

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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 ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECML	COWS
30 Days	7.29%	8.32%
60 Days	4.81%	7.64%
90 Days	5.05%	8.17%
12 Months	27.68%	29.39%

8 Overlapping Holdings

Symbol	Grade	Weight in ECML	Weight in COWS	Overlap
ALSN	B	2.24%	2.03%	2.03%
CF	B	1.54%	2.48%	1.54%
DVN	F	1.5%	1.48%	1.48%
INGR	B	1.76%	1.25%	1.25%
OC	A	1.69%	2.76%	1.69%
OSK	B	1.7%	1.27%	1.27%
SM	B	1.75%	2.02%	1.75%
VLO	C	1.6%	1.89%	1.6%

ECML Overweight 52 Positions Relative to COWS

Symbol	Grade	Weight
MLI	C	2.27%
CALM	A	2.21%
HSII	B	2.11%
TOL	B	1.95%
GPI	A	1.86%
PRDO	B	1.84%
CEIX	A	1.83%
PPC	C	1.83%
FOXA	B	1.82%
LNG	B	1.81%
TMHC	B	1.78%
OVV	B	1.77%
GRBK	D	1.74%
MO	A	1.72%
EOG	A	1.69%
STLD	B	1.69%
PHM	D	1.68%
DDS	B	1.67%
KBH	D	1.67%
SANM	B	1.65%
GIII	D	1.65%
ARCH	B	1.65%
CMC	B	1.64%
COP	C	1.64%
SIRI	C	1.62%
TPH	D	1.6%
COKE	C	1.6%
HCC	B	1.58%
PCAR	B	1.58%
MHO	D	1.58%
ATKR	C	1.55%
HESM	B	1.54%
AMR	C	1.53%
TEX	D	1.51%
LEN	D	1.51%
BCC	B	1.51%
AN	C	1.48%
MPC	D	1.48%
NUE	C	1.48%
ANDE	D	1.47%
PLAB	C	1.46%
DINO	D	1.45%
DHI	D	1.43%
IMKTA	C	1.43%
LBRT	D	1.41%
BG	F	1.41%
MTH	D	1.4%
ARW	D	1.29%
MOH	F	1.29%
INSW	F	1.22%
LPG	F	1.17%
FOR	F	1.16%

ECML Underweight 45 Positions Relative to COWS

Symbol	Grade	Weight
VST	B	-4.0%
SNA	A	-2.95%
G	B	-2.68%
CMCSA	B	-2.56%
MRO	B	-2.49%
SLB	C	-2.48%
HAL	C	-2.43%
BC	C	-2.42%
FNF	B	-2.35%
FDX	B	-2.31%
EBAY	D	-2.3%
TPR	B	-2.21%
WSM	B	-2.17%
TKR	D	-2.13%
BMY	B	-2.07%
PARA	C	-2.02%
PVH	C	-1.95%
PTEN	C	-1.93%
NXST	C	-1.86%
SWKS	F	-1.84%
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%
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%
IPG	D	-1.23%
SAIC	F	-1.19%
ENS	D	-1.12%