MDPL vs. WBIF ETF Comparison

Comparison of Monarch Dividend Plus Index ETF (MDPL) to WBI Large Cap Tactical Value Shares (WBIF)

MDPL

Monarch Dividend Plus Index ETF

MDPL Description

MPDL tracks an equal-weighted index of 30 dividend-paying US stocks that are expected to provide dividend income and capital appreciation.

Grade (RS Rating)

Last Trade

$26.49

Average Daily Volume

4,884

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIF

WBI Large Cap Tactical Value Shares

WBIF Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$29.72

Average Daily Volume

1,680

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDPL	WBIF
30 Days	-2.12%	0.30%
60 Days	0.23%	2.16%
90 Days	2.76%	4.01%
12 Months		13.19%

4 Overlapping Holdings

Symbol	Grade	Weight in MDPL	Weight in WBIF	Overlap
ALSN	B	3.53%	0.68%	0.68%
CI	D	3.24%	4.2%	3.24%
G	A	3.5%	1.34%	1.34%
NXST	D	3.42%	1.49%	1.49%

MDPL Overweight 26 Positions Relative to WBIF

Symbol	Grade	Weight
EQT	A	3.67%
STLD	B	3.55%
CTSH	B	3.5%
GPC	D	3.48%
CABO	B	3.45%
OVV	C	3.42%
SSNC	D	3.4%
WTW	B	3.39%
KR	B	3.36%
OC	A	3.34%
ELV	F	3.33%
TAP	A	3.31%
FANG	D	3.31%
GPK	D	3.3%
SJM	F	3.28%
CVS	F	3.28%
CMCSA	B	3.26%
RGLD	C	3.25%
SON	D	3.21%
MRK	F	3.19%
MCHP	F	3.19%
AMCR	C	3.19%
CAG	F	3.14%
JNJ	D	3.14%
MKTX	C	3.06%
DG	F	3.06%

MDPL Underweight 40 Positions Relative to WBIF

Symbol	Grade	Weight
WRB	A	-4.61%
EME	B	-4.41%
V	A	-4.17%
AMAT	F	-4.05%
ACN	C	-4.03%
PRU	A	-4.0%
CMS	C	-3.96%
MCK	A	-3.91%
UNM	A	-3.69%
VOYA	A	-3.23%
RGA	A	-3.08%
OXY	F	-2.86%
PM	A	-2.13%
MMC	C	-2.12%
MLI	B	-1.74%
ADP	B	-1.56%
AXP	A	-1.52%
AME	A	-1.42%
LRCX	F	-1.42%
PAYX	B	-1.41%
PRI	A	-1.37%
TXRH	A	-1.31%
CASY	B	-1.31%
BR	A	-1.31%
RMD	C	-1.3%
FLTR	A	-0.75%
AGZD	A	-0.74%
FALN	A	-0.74%
SYF	A	-0.72%
FTSL	A	-0.68%
EQH	B	-0.61%
CBT	C	-0.57%
DOX	D	-0.57%
DCI	B	-0.56%
THG	A	-0.56%
TOL	B	-0.54%
GL	B	-0.54%
ALLE	D	-0.53%
STIP	C	-0.53%
BKLN	A	-0.31%