FLV vs. DIVP ETF Comparison

Comparison of American Century Focused Large Cap Value ETF (FLV) to Cullen Enhanced Equity Income ETF (DIVP)

FLV

American Century Focused Large Cap Value ETF

FLV Description

The investment seeks long-term capital growth. Under normal market conditions, the portfolio managers will invest at least 80% of the fund's assets in securities of large capitalization companies. The portfolio managers may sell stocks from the fund's portfolio if they believe a stock no longer meets their valuation criteria, a stock's risk parameters outweigh its return opportunity, more attractive alternatives are identified or specific events alter a stock's prospects.

Grade (RS Rating)

Last Trade

$63.16

Average Daily Volume

10,284

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DIVP

Cullen Enhanced Equity Income ETF

DIVP Description

DIVP invests in large- and mid-cap value stocks that generally have higher dividend yield than the average of the funds US benchmark. The fund identifies value stocks that have low price-to-earnings ratio with above-average earnings and dividend growth potential. Companies are screened using fundamental research. The fund may invest up to 30% in non-US companies in the form of ADRs. While the portfolio is not rebalanced systematically, weighting is roughly equal to avoid overweighting of individual securities. To generate additional income, the fund selectively writes covered call options with a target range of between 25-40%. However, the covered call overlay limits participation in potential gains if shares increase in value. The adviser may sell stocks that are no longer viewed as attractive based on growth potential, dividend yield, or price. As an actively managed ETF, the fund manager has full discretion to make buy, hold, or sell decisions at any time.

Grade (RS Rating)

Last Trade

$25.20

Average Daily Volume

7,120

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLV	DIVP
30 Days	-2.30%	-0.32%
60 Days	0.78%
90 Days	1.00%
12 Months	7.17%

5 Overlapping Holdings

Symbol	Grade	Weight in FLV	Weight in DIVP	Overlap
CAG	A	1.79%	3.62%	1.79%
CSCO	D	1.25%	3.98%	1.25%
DUK	A	4.19%	3.78%	3.78%
MDT	C	5.45%	3.99%	3.99%
VZ	C	1.78%	4.03%	1.78%

FLV Overweight 34 Positions Relative to DIVP

Symbol	Grade	Weight
JNJ	D	6.89%
ZBH	D	4.23%
ATO	A	3.76%
XOM	B	3.64%
UL	A	3.54%
NSC	D	3.45%
CL	A	3.39%
UPS	F	3.38%
TTE	A	3.01%
RGA	A	2.87%
JPM	A	2.86%
TFC	A	2.64%
KMB	A	2.64%
DGX	A	2.62%
HSIC	D	2.5%
BRK.A	C	2.28%
KVUE	F	2.24%
BK	A	2.17%
ALL	A	2.17%
RTX	A	2.14%
SON	C	2.02%
FFIV	D	1.97%
NVS	B	1.97%
MDLZ	A	1.93%
BDX	F	1.92%
SCHW	A	1.61%
BUD	D	1.54%
TEL	C	1.54%
ADI	A	1.52%
PKG	D	1.31%
BLK	D	1.26%
MMC	C	1.25%
PSA	D	1.11%
DIS	D	1.04%

FLV Underweight 5 Positions Relative to DIVP

Symbol	Grade	Weight
EOG	B	-4.25%
PPL	A	-3.98%
VICI	C	-3.73%
CVX	A	-3.56%
BMY	F	-3.54%