EQL vs. MVFG ETF Comparison

Comparison of ALPS Equal Sector Weight ETF (EQL) to Monarch Volume Factor Global Unconstrained Index ETF (MVFG)

EQL

ALPS Equal Sector Weight ETF

EQL Description

The investment seeks investment results that replicate as closely as possible, before fees and expenses, the performance of the Bank of America Securities - Merrill Lynch Equal Sector Weight Index (the "underlying index"). The underlying index is an index of indexes comprised in equal proportions of the nine Select Sector SPDR Indexes. The fund will use a "fund of funds" approach, and seek to achieve its investment objective by investing at least 90% of its total assets in the shares of Select Sector SPDR exchange-traded funds that track the Underlying Sector Indexes of which the underlying index is comprised. It is non-diversified.

Grade (RS Rating)

Last Trade

$131.15

Average Daily Volume

6,143

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MVFG

Monarch Volume Factor Global Unconstrained Index ETF

MVFG Description

MVFG is a fund of fund, emphasizing equity ETFs with strong cash flow and adjusting towards treasury ETFs during cash flow challenges. The fund seeks to replicate the performance of its target index, composed of up to 25 equally weighted equity ETFs selected for financial health, alongside treasury ETFs as necessary. Screening US-listed equity ETFs with global exposure, including emerging markets, the fund adheres to specific criteria like no leverage, non-inverse fund structure, assets over $50 million, and a trading history of at least two years. Following the proprietary Volume Factor methodology, it identifies sectors with positive cash flow dynamics. MVFG's adaptable strategy involves adjusting sector allocations in response to financial trends, ensuring a proportional representation of index securities. During market downturns, the fund may increase exposure to treasury ETFs while rebalancing sector weightings to navigate evolving market conditions. MVFG focuses on global market intricacies and aims for diversified positive cash flow strategies.

Grade (RS Rating)

Last Trade

$27.42

Average Daily Volume

6,086

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQL	MVFG
30 Days	1.19%	-0.74%
60 Days	2.98%	0.05%
90 Days	6.37%	1.77%
12 Months	27.01%

1 Overlapping Holdings

	Symbol	Grade	Weight in EQL	Weight in MVFG	Overlap
	XLRE	C	8.6%	4.57%	4.57%

EQL Overweight 1 Positions Relative to MVFG

	Symbol	Grade	Weight
	XLC	A	9.57%

EQL Underweight 9 Positions Relative to MVFG

Symbol	Grade	Weight
XSMO	B	-4.92%
IWP	A	-4.63%
SPHD	A	-4.51%
SCHH	C	-4.26%
CIBR	B	-4.25%
ESGV	A	-4.25%
GUNR	D	-3.82%
ASHR	C	-3.45%
KWEB	D	-3.26%

EQL: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Exchange Traded Funds Global Industry Classification Standard Interactive Media Real Estate Investment Trust Real Estate Management Real Estate Sector SPDR Spdr S&P 500 Trust Etf Standard & Poor's Depositary Receipts State Street Global Advisors Telecommunication Services Wireless Telecommunication Services

MVFG: Top Represented Industries & Keywords

Industries: