IWFG vs. ACSI ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWFG) to American Customer Satisfaction Core Alpha ETF (ACSI)

IWFG

IQ MacKay Municipal Insured ETF

IWFG Description

The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$48.80

Average Daily Volume

131

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACSI

American Customer Satisfaction Core Alpha ETF

ACSI Description

American Customer Satisfaction Core Alpha ETF (the %u201CFund%u201D) seeks to track the performance, before fees and expenses, of the American Customer Satisfaction Investable Index (the %u201CIndex%u201D).

Grade (RS Rating)

Last Trade

$61.94

Average Daily Volume

157

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWFG	ACSI
30 Days	3.42%	6.17%
60 Days	4.79%	6.09%
90 Days	8.07%	8.73%
12 Months	40.39%	31.32%

8 Overlapping Holdings

Symbol	Grade	Weight in IWFG	Weight in ACSI	Overlap
AAPL	B	5.03%	6.84%	5.03%
AMZN	C	7.69%	5.34%	5.34%
GOOG	C	4.52%	4.95%	4.52%
HLT	A	1.57%	2.36%	1.57%
META	D	4.54%	4.56%	4.54%
MSFT	D	11.57%	4.83%	4.83%
NFLX	B	2.62%	3.16%	2.62%
ORLY	B	2.88%	2.34%	2.34%

IWFG Overweight 21 Positions Relative to ACSI

Symbol	Grade	Weight
NVDA	C	7.83%
AVGO	D	4.86%
TT	B	3.49%
SPOT	B	3.22%
MA	B	3.21%
ADI	D	3.09%
KKR	B	2.77%
ISRG	C	2.74%
MELI	C	2.74%
NOW	B	2.52%
ETN	A	2.48%
ADBE	C	2.35%
CMG	B	2.31%
APH	B	2.26%
INTU	C	2.23%
UBER	D	2.09%
BKNG	B	2.02%
LRCX	F	1.93%
SNPS	B	1.81%
WDAY	C	1.62%
ASML	F	1.48%

IWFG Underweight 25 Positions Relative to ACSI

Symbol	Grade	Weight
COST	B	-5.69%
JPM	B	-4.84%
HUM	C	-3.36%
PRU	A	-3.24%
KO	D	-3.23%
TMUS	A	-3.1%
UNH	B	-2.86%
ALK	A	-2.82%
T	A	-2.76%
TSLA	B	-2.75%
SCHW	A	-2.62%
MS	B	-2.6%
FDX	B	-2.54%
VZ	B	-2.52%
MSI	C	-2.48%
TXRH	A	-2.46%
YUM	B	-2.21%
TSCO	C	-2.07%
SKX	D	-1.98%
LEVI	F	-1.87%
CLX	C	-1.86%
AEO	F	-1.81%
ATO	A	-1.25%
BRK.A	B	-1.22%
DUK	C	-1.17%