KIE vs. CEFS ETF Comparison

Comparison of SPDR S&P Insurance ETF (KIE) to Exchange Listed Funds Trust ETF (CEFS)

KIE

SPDR S&P Insurance ETF

KIE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. In seeking to track the performance of the S&P Insurance Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$59.21

Average Daily Volume

1,124,960

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CEFS

Exchange Listed Funds Trust ETF

CEFS Description

The investment seeks to provide capital appreciation and dividend income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds (the "underlying funds"). The advisor expects to invest in underlying funds operated by a diversified group of closed-end fund managers ("underlying fund managers"). The fund normally invests in underlying funds that primarily pursue high yield opportunities.

Grade (RS Rating)

Last Trade

$22.07

Average Daily Volume

45,554

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

Performance

Period	KIE	CEFS
30 Days	2.51%	-0.13%
60 Days	6.23%	2.62%
90 Days	10.69%	5.22%
12 Months	36.56%	31.12%

0 Overlapping Holdings

	Symbol	Grade	Weight in KIE	Weight in CEFS	Overlap

KIE Overweight 50 Positions Relative to CEFS

Symbol	Grade	Weight
UNM	A	2.4%
GSHD	A	2.37%
BHF	B	2.28%
LNC	B	2.28%
CNO	B	2.22%
PRI	A	2.17%
RYAN	A	2.11%
KMPR	A	2.09%
RLI	A	2.09%
WTM	A	2.08%
AON	A	2.08%
WTW	A	2.07%
AGO	B	2.06%
CINF	A	2.06%
SIGI	B	2.05%
THG	A	2.04%
BRO	A	2.04%
AIZ	A	2.04%
AXS	A	2.03%
PRU	B	2.03%
TRV	B	2.02%
MET	C	2.02%
PFG	C	2.01%
L	A	2.0%
MKL	A	2.0%
GNW	B	2.0%
GL	B	1.99%
AIG	B	1.99%
ORI	A	1.97%
RNR	D	1.96%
RGA	A	1.96%
WRB	B	1.95%
ALL	A	1.93%
ESGR	C	1.93%
PGR	A	1.9%
HIG	C	1.9%
AFG	A	1.9%
AFL	C	1.88%
AJG	A	1.86%
FNF	C	1.86%
MMC	C	1.85%
KNSL	C	1.84%
CB	C	1.83%
EG	D	1.8%
FAF	C	1.79%
ACGL	D	1.69%
PLMR	C	1.64%
ERIE	F	1.55%
STC	C	1.38%
OSCR	F	1.2%

KIE Underweight 105 Positions Relative to CEFS

Symbol	Grade	Weight
BIGZ	A	-12.12%
ASA	C	-8.22%
BCAT	A	-5.82%
ADX	A	-5.52%
BFZ	D	-5.03%
ASGI	D	-4.03%
ENX	C	-3.8%
PDX	B	-3.35%
NQP	D	-3.12%
GDV	A	-3.0%
NXJ	C	-3.0%
HQL	D	-2.89%
EVM	C	-2.23%
BSTZ	A	-2.22%
BMEZ	C	-2.16%
HQH	D	-2.13%
GRX	D	-1.86%
AFB	C	-1.8%
VTN	C	-1.76%
MHI	C	-1.68%
TEAF	D	-1.66%
LGI	C	-1.56%
EDD	D	-1.35%
VPV	C	-1.25%
NFJ	B	-1.2%
ECF	B	-1.16%
FMN	D	-1.1%
KSM	C	-1.09%
NTG	A	-1.07%
EMO	A	-1.04%
LEO	D	-1.03%
AOD	D	-1.02%
VGM	D	-1.0%
PGZ	D	-0.85%
JRI	C	-0.84%
MAV	C	-0.84%
NPFD	C	-0.83%
NBH	D	-0.76%
DMF	C	-0.66%
IHD	D	-0.65%
CEV	D	-0.64%
GAM	A	-0.58%
DSM	D	-0.56%
CXE	C	-0.47%
HYB	D	-0.46%
VKQ	B	-0.41%
BOE	C	-0.39%
VCV	C	-0.39%
IDE	C	-0.32%
NDP	A	-0.32%
DMB	D	-0.3%
PCK	D	-0.26%
VMO	C	-0.23%
TWN	C	-0.22%
PEO	A	-0.22%
CPZ	B	-0.22%
RA	D	-0.21%
EOD	C	-0.19%
GNT	D	-0.18%
TTP	B	-0.15%
FGB	A	-0.13%
AGD	D	-0.13%
MPA	C	-0.11%
CMU	D	-0.1%
CXH	D	-0.09%
ERH	D	-0.09%
MFD	C	-0.08%
TYG	A	-0.06%
GLO	C	-0.05%
NML	A	-0.05%
HEQ	D	-0.03%
PNI	C	-0.03%
IGA	A	-0.03%
GLV	C	-0.03%
MFM	C	-0.02%
MUJ	D	-0.02%
DIAX	A	-0.02%
KYN	A	-0.02%
SBI	C	-0.02%
GLQ	C	-0.01%
MVT	C	-0.01%
GF	F	-0.01%
MUC	C	-0.01%
BTT	C	-0.01%
MYN	D	-0.01%
NAC	D	-0.01%
MXE	F	-0.01%
BCV	B	-0.01%
PFO	D	-0.01%
ETW	A	-0.0%
NAN	C	-0.0%
NMT	C	-0.0%
MUE	C	-0.0%
MIY	C	-0.0%
BNY	C	-0.0%
BHV	C	-0.0%
NOM	C	-0.0%
RMT	B	-0.0%
VFL	C	-0.0%
IIF	D	-0.0%
NAZ	B	-0.0%
BGY	D	-0.0%
SWZ	F	-0.0%
MHN	C	-0.0%
PYN	D	-0.0%

CEFS: Top Represented Industries & Keywords

Industries: Asset Management Other