IWFG vs. DFNV ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWFG) to TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV)

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

$46.14

Average Daily Volume

265

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFNV

TrimTabs Donoghue Forlines Risk Managed Innovation ETF

DFNV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to U.S. publicly traded companies with strong free cash flow and strong research and development (R&D) investment

Grade (RS Rating)

Last Trade

$33.45

Average Daily Volume

2,436

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWFG	DFNV
30 Days	3.16%	4.07%
60 Days	5.88%	6.70%
90 Days	1.07%	5.96%
12 Months	47.66%	34.39%

9 Overlapping Holdings

Symbol	Grade	Weight in IWFG	Weight in DFNV	Overlap
AAPL	C	4.6%	8.55%	4.6%
ADBE	F	2.6%	2.5%	2.5%
AMZN	C	7.81%	0.2%	0.2%
AVGO	C	4.75%	4.32%	4.32%
INTU	D	2.41%	2.32%	2.32%
NOW	C	2.38%	2.61%	2.38%
SPOT	C	3.13%	1.48%	1.48%
UBER	C	1.87%	2.12%	1.87%
WDAY	D	1.56%	1.18%	1.18%

IWFG Overweight 20 Positions Relative to DFNV

Symbol	Grade	Weight
MSFT	C	11.39%
NVDA	C	7.84%
GOOG	D	4.86%
META	B	3.64%
ADI	C	3.22%
MA	B	3.13%
TT	B	3.12%
ORLY	B	2.93%
KKR	B	2.72%
ISRG	C	2.57%
HD	B	2.55%
LRCX	D	2.47%
MELI	C	2.31%
CMG	D	2.26%
NFLX	B	2.12%
ASML	F	2.09%
SNPS	F	2.08%
BKNG	B	1.85%
HLT	B	1.52%
APH	C	1.35%

IWFG Underweight 89 Positions Relative to DFNV

Symbol	Grade	Weight
ABBV	B	-3.28%
JNJ	C	-2.97%
QCOM	D	-2.51%
CRM	C	-2.42%
IBM	B	-2.34%
AMGN	D	-1.99%
GILD	B	-1.94%
BMY	C	-1.9%
PANW	D	-1.79%
ANET	C	-1.63%
PLTR	C	-1.56%
MSI	B	-1.5%
CRWD	D	-1.47%
MMM	B	-1.41%
FTNT	B	-1.35%
APP	C	-1.31%
PYPL	B	-1.29%
DASH	B	-1.29%
TTD	B	-1.18%
ADSK	B	-1.17%
DDOG	D	-1.12%
SNOW	F	-1.11%
VEEV	C	-1.07%
EA	D	-1.05%
MCHP	D	-1.01%
TEAM	D	-0.97%
RBLX	C	-0.96%
VRT	C	-0.96%
NTAP	D	-0.91%
ZS	F	-0.88%
RMD	C	-0.87%
MANH	B	-0.78%
PINS	D	-0.78%
PTC	C	-0.76%
PSTG	F	-0.75%
EXPE	C	-0.72%
DT	C	-0.71%
NTNX	D	-0.7%
ZM	C	-0.69%
UI	B	-0.67%
ENPH	D	-0.66%
SWKS	F	-0.64%
DOCU	C	-0.63%
DUOL	C	-0.63%
VRSN	C	-0.62%
FFIV	B	-0.58%
NBIX	F	-0.57%
SOLV	D	-0.56%
JKHY	B	-0.56%
HAS	B	-0.55%
MTCH	C	-0.53%
SMAR	A	-0.52%
PCTY	D	-0.5%
QRVO	F	-0.5%
DBX	C	-0.47%
ETSY	D	-0.47%
NYT	B	-0.46%
HALO	D	-0.46%
PEGA	B	-0.45%
CVLT	B	-0.45%
CRUS	D	-0.44%
MAT	D	-0.42%
GNRC	D	-0.42%
PI	B	-0.42%
JAZZ	D	-0.42%
ZETA	C	-0.42%
PATH	D	-0.41%
ALTR	C	-0.4%
TENB	F	-0.38%
BOX	C	-0.38%
LYFT	D	-0.37%
QLYS	D	-0.36%
ALKS	D	-0.32%
CWAN	C	-0.31%
IGT	D	-0.3%
BL	D	-0.25%
YOU	B	-0.23%
PLTK	C	-0.23%
TDC	D	-0.22%
FLNC	C	-0.22%
ACAD	F	-0.21%
ALRM	F	-0.21%
PRGS	A	-0.2%
RNG	F	-0.2%
PTGX	C	-0.2%
YELP	D	-0.18%
VERX	D	-0.18%
CMPR	F	-0.17%
RPD	D	-0.17%