EQUL vs. SCLZ ETF Comparison

Comparison of IQ Engender Equality ETF (EQUL) to Swan Enhanced Dividend Income ETF (SCLZ)

EQUL

IQ Engender Equality ETF

EQUL Description

The EQUL IQ Engender Equality ETF tracks the Solactive Equileap U.S. Gender Equality Index, which is designed to deliver exposure to global companies that promote gender equality and are committed to women’s empowerment through equal compensation and gender balance in leadership and the workforce.

Grade (RS Rating)

Last Trade

$27.12

Average Daily Volume

225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SCLZ

Swan Enhanced Dividend Income ETF

SCLZ Description

SCLZ aims to maximize income through a portfolio of US dividend-paying companies combined with a covered call writing strategy. This strategy provides a potential buffer against market volatility, although the reduction is limited to the amount of option premium received. Based on the large- and mid-cap stocks of the OShares Focused Quality Dividend Index, the fund selects 50 names based on a composite score for quality and growth characteristics. The composite score considers quality factors, dividend growth, dividend coverage, and dividend yield. Note some stocks with superior dividend payouts and higher capital appreciation potential may be excluded if option premium potential is too low. Quarterly, constituents are re-ranked based on historic dividend yield and potential capital appreciation, with holdings sold when they are no longer listed. Risk management involves establishing pre-defined exit points for each option to reduce downside exposure while maximizing income.

Grade (RS Rating)

Last Trade

$54.45

Average Daily Volume

1,700

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQUL	SCLZ
30 Days	-0.45%	0.58%
60 Days	1.12%	1.63%
90 Days	4.86%	2.59%
12 Months	26.72%

13 Overlapping Holdings

Symbol	Grade	Weight in EQUL	Weight in SCLZ	Overlap
ACN	C	1.32%	1.71%	1.32%
HSY	F	1.14%	1.09%	1.09%
INTU	C	1.32%	1.81%	1.32%
JNJ	D	1.2%	2.25%	1.2%
JPM	A	1.51%	3.37%	1.51%
KO	D	1.14%	1.89%	1.14%
MA	C	1.35%	2.49%	1.35%
MCD	D	1.28%	1.75%	1.28%
MDLZ	F	1.11%	1.28%	1.11%
MRK	F	1.08%	1.83%	1.08%
PEP	F	1.17%	1.68%	1.17%
PG	A	1.26%	2.43%	1.26%
YUM	B	1.29%	1.2%	1.2%

EQUL Overweight 62 Positions Relative to SCLZ

Symbol	Grade	Weight
LYFT	C	1.88%
AFRM	B	1.87%
WFC	A	1.79%
AA	B	1.74%
DASH	A	1.72%
CRM	B	1.66%
Z	A	1.63%
ALB	C	1.61%
MAR	B	1.58%
CMI	A	1.57%
GS	A	1.57%
PYPL	B	1.56%
BAC	A	1.54%
GM	B	1.53%
C	A	1.53%
BMY	B	1.52%
ADSK	A	1.51%
HLT	A	1.5%
BLK	C	1.49%
KEYS	A	1.45%
GLOB	B	1.43%
BSX	B	1.41%
MET	A	1.4%
SCI	B	1.39%
META	D	1.39%
WELL	A	1.39%
VRSK	A	1.38%
VFC	C	1.34%
PARA	C	1.33%
ILMN	D	1.33%
NBIX	C	1.32%
CLX	B	1.32%
K	A	1.31%
F	C	1.3%
VTR	C	1.29%
MCO	B	1.28%
UBER	D	1.27%
NYT	C	1.25%
ECL	D	1.25%
SPGI	C	1.25%
KMB	D	1.24%
VZ	C	1.23%
ETSY	D	1.23%
CRL	C	1.21%
XYL	D	1.21%
SJM	D	1.21%
IPG	D	1.19%
WBA	F	1.19%
WEX	D	1.18%
BMRN	D	1.17%
HAS	D	1.16%
CL	D	1.16%
DOW	F	1.14%
GIS	D	1.12%
IFF	D	1.12%
AMGN	D	1.12%
NEM	D	1.06%
BIIB	F	1.02%
CNC	D	1.01%
COTY	F	1.0%
HALO	F	0.95%
OGN	D	0.92%

EQUL Underweight 36 Positions Relative to SCLZ

Symbol	Grade	Weight
GOOGL	C	-5.41%
AAPL	C	-4.96%
MSFT	F	-4.84%
AVGO	D	-3.47%
LLY	F	-2.99%
UNH	C	-2.86%
V	A	-2.85%
HD	A	-2.48%
ORCL	B	-2.18%
CSCO	B	-1.93%
PM	B	-1.8%
CAT	B	-1.76%
TXN	C	-1.76%
ABT	B	-1.75%
QCOM	F	-1.68%
HON	B	-1.65%
TJX	A	-1.59%
ADP	B	-1.53%
MO	A	-1.49%
SBUX	A	-1.48%
DE	A	-1.48%
APH	A	-1.47%
LMT	D	-1.44%
ITW	B	-1.43%
MMC	B	-1.43%
PCAR	B	-1.42%
AON	A	-1.42%
SNA	A	-1.38%
CTAS	B	-1.37%
ZTS	D	-1.32%
GD	F	-1.32%
PAYX	C	-1.27%
OTIS	C	-1.27%
MSCI	C	-1.26%
CTSH	B	-1.23%
CBOE	B	-1.16%