IPDP vs. AMID ETF Comparison

Comparison of Dividend Performers ETF (IPDP) to Argent Mid Cap ETF (AMID)
IPDP

Dividend Performers ETF

IPDP Description

The investment seeks to provide income; the secondary objective is capital appreciation. The fund’s investment strategy is twofold: (1) investing in dividend paying U.S. equity securities, and (2) credit spread options on an S&P 500 ETF or Index. It may also invest in equity real estate investment trusts (“REITs”). A credit spread is an options strategy that involves the purchase of one option and a sale of another option in the same class and with the same expiration but different strike prices.

Grade (RS Rating)

Last Trade

$17.87

Average Daily Volume

1,314

Number of Holdings *

49

* may have additional holdings in another (foreign) market
AMID

Argent Mid Cap ETF

AMID Description AMID aims to outperform the Russell MidCap Index over the long term by applying Change-Based Investing strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary Argent Alpha Model, stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into current and future market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.

Grade (RS Rating)

Last Trade

$32.12

Average Daily Volume

7,060

Number of Holdings *

9

* may have additional holdings in another (foreign) market
Performance
Period IPDP AMID
30 Days -3.61% -5.03%
60 Days -0.36% -3.31%
90 Days 3.49% 4.25%
12 Months 29.12% 35.37%
1 Overlapping Holdings
Symbol Grade Weight in IPDP Weight in AMID Overlap
CTAS A 2.15% 3.08% 2.15%
IPDP Overweight 48 Positions Relative to AMID
Symbol Grade Weight
ETN A 2.5%
AVGO D 2.41%
APOG A 2.38%
APH A 2.37%
TT A 2.36%
DOV A 2.33%
HIG D 2.32%
QCOM A 2.26%
TRV C 2.23%
KLAC B 2.22%
DCI B 2.16%
ITT D 2.15%
RGA A 2.15%
HI F 2.15%
MCK C 2.14%
GWW D 2.13%
A C 2.13%
GPC B 2.09%
ELV B 2.08%
SYK D 2.07%
SEIC C 2.04%
SHW D 2.02%
BRC B 2.01%
FAST D 2.01%
AIT C 1.98%
MSI A 1.97%
AOS D 1.96%
HD D 1.94%
CSX D 1.94%
ABM B 1.92%
ADP D 1.91%
ABT D 1.89%
PAYX D 1.87%
WTS C 1.85%
ROK F 1.81%
MMC D 1.81%
CAH F 1.8%
CSCO F 1.79%
UPS F 1.79%
JNJ F 1.77%
NSP D 1.76%
SNA D 1.76%
CHE F 1.75%
ACN F 1.69%
UNH C 1.64%
AAPL C 1.6%
GL F 1.15%
HUM F 1.08%
IPDP Underweight 8 Positions Relative to AMID
Symbol Grade Weight
BLDR C -5.81%
FICO D -4.92%
CDW F -4.29%
DHI D -4.01%
CPRT C -3.81%
MEDP D -3.44%
BLD D -3.14%
FTNT F -2.55%
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