KNG vs. MPAY ETF Comparison

Comparison of CBOE Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) to Akros Monthly Payout ETF (MPAY)

KNG

CBOE Vest S&P 500 Dividend Aristocrats Target Income ETF

KNG Description

The investment seeks to track the performance, before fees and expenses, of the Cboe S&P 500® Dividend Aristocrats Target Income Index Monthly Series (the "index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. The index is designed with the primary goal of generating an annualized level of income from stock dividends and option premiums that is approximately 3% over the annual dividend yield of the S&P 500 Index and a secondary goal of generating price returns that are proportional to the price returns of the S&P 500 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.32

Average Daily Volume

274,863

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MPAY

Akros Monthly Payout ETF

MPAY Description

MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.

Grade (RS Rating)

Last Trade

$25.83

Average Daily Volume

843

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KNG	MPAY
30 Days	2.94%	2.24%
60 Days	5.56%	5.43%
90 Days	9.95%	3.55%
12 Months	19.73%	24.76%

12 Overlapping Holdings

Symbol	Grade	Weight in KNG	Weight in MPAY	Overlap
ABBV	B	1.55%	1.45%	1.45%
ABT	C	1.51%	1.23%	1.23%
ADP	C	1.59%	1.24%	1.24%
CAT	B	1.61%	1.28%	1.28%
CVX	F	1.33%	1.32%	1.32%
JNJ	C	1.46%	1.46%	1.46%
LIN	B	1.53%	1.27%	1.27%
LOW	B	1.65%	1.37%	1.37%
MCD	B	1.66%	1.31%	1.31%
PEP	D	1.42%	1.25%	1.25%
WMT	B	1.63%	2.21%	1.63%
XOM	D	1.42%	1.55%	1.42%

KNG Overweight 53 Positions Relative to MPAY

Symbol	Grade	Weight
KVUE	B	1.81%
SWK	B	1.75%
CHRW	B	1.72%
CLX	C	1.72%
IBM	B	1.7%
AFL	A	1.67%
PNR	B	1.66%
SHW	B	1.64%
APD	B	1.63%
CINF	C	1.61%
CAH	C	1.61%
CB	B	1.6%
MKC	C	1.6%
NEE	B	1.6%
MDT	B	1.58%
O	B	1.57%
CTAS	C	1.56%
GWW	B	1.56%
ATO	B	1.55%
NDSN	C	1.55%
AMCR	B	1.55%
DOV	B	1.55%
KO	B	1.54%
ED	B	1.53%
ITW	B	1.53%
SPGI	C	1.52%
CL	C	1.52%
SYY	C	1.52%
FRT	C	1.52%
AOS	B	1.51%
GD	C	1.51%
TGT	C	1.51%
BRO	C	1.5%
FAST	C	1.49%
ECL	B	1.48%
ROP	C	1.48%
EXPD	B	1.48%
ESS	C	1.47%
PPG	C	1.46%
CHD	C	1.45%
PG	C	1.45%
GPC	D	1.45%
KMB	C	1.43%
SJM	C	1.43%
HRL	F	1.42%
BDX	D	1.42%
NUE	D	1.38%
TROW	C	1.35%
WST	D	1.34%
ADM	D	1.33%
ALB	D	1.32%
EMR	D	1.31%
BEN	F	1.29%

KNG Underweight 40 Positions Relative to MPAY

Symbol	Grade	Weight
NVDA	C	-6.38%
AAPL	C	-5.94%
MSFT	C	-5.7%
AMZN	C	-4.97%
GOOGL	D	-4.73%
GLDM	B	-3.6%
IAUM	B	-3.36%
LLY	D	-3.04%
TSLA	C	-1.83%
ORCL	B	-1.78%
V	C	-1.77%
COST	C	-1.77%
MA	B	-1.76%
UNH	C	-1.74%
HD	B	-1.74%
ADBE	F	-1.57%
MRK	F	-1.53%
NOW	C	-1.46%
AMAT	D	-1.45%
NFLX	B	-1.44%
CRM	C	-1.43%
QCOM	D	-1.36%
ACN	C	-1.34%
LRCX	D	-1.32%
KLAC	D	-1.32%
INTU	D	-1.3%
HCA	B	-1.28%
FTNT	B	-1.28%
TJX	C	-1.28%
CSCO	B	-1.28%
PM	C	-1.27%
BKNG	B	-1.26%
NKE	D	-1.25%
AZO	B	-1.24%
ABNB	D	-1.23%
TXN	B	-1.23%
LMT	A	-1.23%
UPS	D	-1.22%
RTX	B	-1.19%
DELL	C	-1.02%