IPDP vs. UDI ETF Comparison

Comparison of Dividend Performers ETF (IPDP) to USCF Dividend Income Fund (UDI)

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 ^*

* may have additional holdings in another (foreign) market

UDI

USCF Dividend Income Fund

UDI Description

USCF ESG Dividend Income Fund is an exchange traded fund launched and managed by USCF Advisers LLC. It is co-managed by Miller/Howard Investments, Inc. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. The fund does not invest in stocks of companies operating across tobacco, firearms, controversial weapons, human rights violations or environmental abuses sectors. USCF ESG Dividend Income Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$26.63

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IPDP	UDI
30 Days	-3.61%	-1.73%
60 Days	-0.36%	-0.42%
90 Days	3.49%	1.82%
12 Months	29.12%	12.72%

5 Overlapping Holdings

Symbol	Grade	Weight in IPDP	Weight in UDI	Overlap
AVGO	D	2.41%	2.52%	2.41%
CAH	F	1.8%	1.46%	1.46%
CSCO	F	1.79%	3.47%	1.79%
JNJ	F	1.77%	4.58%	1.77%
PAYX	D	1.87%	4.24%	1.87%

IPDP Overweight 44 Positions Relative to UDI

Symbol	Grade	Weight
ETN	A	2.5%
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%
CTAS	A	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%
WTS	C	1.85%
ROK	F	1.81%
MMC	D	1.81%
UPS	F	1.79%
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 26 Positions Relative to UDI

Symbol	Grade	Weight
JPM	B	-5.32%
KO	A	-4.44%
ORI	A	-4.09%
GS	A	-4.0%
TXN	A	-3.91%
ABBV	D	-3.85%
JEF	B	-3.57%
BK	A	-3.53%
CMCSA	F	-3.48%
MDT	C	-3.38%
GILD	F	-3.33%
HST	D	-3.24%
IPG	F	-3.24%
EWBC	A	-2.76%
MRK	B	-2.75%
LAMR	B	-2.7%
CME	D	-2.46%
ASB	A	-2.4%
MSM	F	-2.28%
BAC	B	-2.27%
STAG	D	-1.97%
OMC	B	-1.85%
SON	D	-1.82%
PFE	D	-1.74%
CPT	A	-1.23%
MAA	B	-1.2%