MILN vs. TGLR ETF Comparison

Comparison of Global X Millennials Thematic ETF (MILN) to LAFFER TENGLER Equity Income ETF (TGLR)

MILN

Global X Millennials Thematic ETF

MILN Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX Millennials Thematic Index. The fund invests more than 80% of its total assets in the securities of the underlying index. The underlying index is designed to measure the performance of U.S. listed companies that provide exposure to the millennial generation, as defined by the index provider. The millennial generation refers to the demographic cohort in the U.S. with birth years ranging from 1980 to 2000. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.93

Average Daily Volume

6,931

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TGLR

LAFFER TENGLER Equity Income ETF

TGLR Description

TGLR aims to provide long-term capital appreciation by actively selecting between 25-35 US large-cap stocks. The stocks selected are expected to produce above-market dividend yield with low turnover. The strategy is based on two valuation metrics the sub-adviser believes to be consistent indicators of company value: relative dividend yield and relative price-to-sales ratio. The metrics help determine over- and under valuation, security by security. The sub-adviser then conducts proprietary fundamental factor research to identify stocks for portfolio selection. The research considers both qualitative and quantitative factors such as: catalyst for outperformance, franchise value and market growth, firm management, sales or revenue growth, margins, positive free cash flow, dividend growth, P/E, asset turnover, leverage, and risk. The primary indicator for a stock sell is when the stocks dividend yield is lower than the S&P 500 Index, a sell range is determined.

Grade (RS Rating)

Last Trade

$30.19

Average Daily Volume

2,003

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MILN	TGLR
30 Days	4.71%	0.05%
60 Days	11.43%	3.98%
90 Days	14.88%	6.92%
12 Months	39.91%	29.11%

4 Overlapping Holdings

Symbol	Grade	Weight in MILN	Weight in TGLR	Overlap
AAPL	C	3.27%	2.41%	2.41%
GOOGL	B	2.85%	2.56%	2.56%
HD	A	3.0%	4.15%	3.0%
SBUX	A	2.95%	2.89%	2.89%

MILN Overweight 72 Positions Relative to TGLR

Symbol	Grade	Weight
SPOT	A	3.91%
SE	B	3.73%
FI	A	3.53%
BKNG	A	3.48%
PYPL	A	3.37%
NFLX	A	3.35%
COST	B	3.24%
DASH	B	3.17%
LOW	A	2.94%
AMZN	B	2.88%
INTU	A	2.86%
META	C	2.82%
SQ	A	2.72%
CMG	B	2.52%
LULU	C	2.38%
UBER	C	2.37%
AVB	A	2.26%
DIS	A	2.23%
EBAY	D	2.19%
NKE	D	2.11%
ABNB	C	2.04%
EQR	C	1.93%
CVNA	A	1.9%
EXPE	A	1.6%
INVH	D	1.41%
SNAP	D	1.06%
UDR	C	1.01%
SFM	A	1.0%
SOFI	A	0.9%
CPT	D	0.9%
KMX	B	0.84%
DKS	D	0.79%
PLNT	A	0.57%
MTCH	F	0.56%
PTON	B	0.56%
SKX	D	0.55%
VFC	B	0.53%
HIMS	C	0.48%
VSCO	A	0.48%
LC	B	0.48%
LYFT	B	0.47%
AN	D	0.47%
VMEO	B	0.45%
ETSY	D	0.43%
LTH	D	0.42%
LRN	A	0.42%
ZG	A	0.41%
CARG	A	0.4%
PRDO	B	0.4%
UAA	B	0.37%
SLM	A	0.36%
COLM	B	0.34%
GHC	A	0.33%
LAUR	A	0.32%
IRT	A	0.32%
CSR	A	0.31%
NNI	C	0.3%
CARS	B	0.28%
XPOF	B	0.26%
STRA	C	0.25%
W	F	0.25%
CAR	C	0.25%
YELP	C	0.23%
ANGI	F	0.22%
ZIP	D	0.22%
CRI	D	0.18%
DBI	F	0.15%
CPRI	F	0.15%
COUR	F	0.14%
TRIP	D	0.13%
ACCD	F	0.11%
CHGG	D	0.05%

MILN Underweight 25 Positions Relative to TGLR

Symbol	Grade	Weight
ORCL	A	-6.11%
AXP	A	-4.89%
AVGO	C	-4.51%
JPM	A	-4.48%
WMT	A	-4.46%
MSFT	D	-4.27%
CARR	D	-4.14%
GS	A	-3.92%
MCD	D	-3.87%
RTX	D	-3.65%
ABBV	F	-3.64%
TXN	C	-3.26%
CVX	A	-3.15%
EMR	A	-3.14%
LHX	B	-3.04%
JNJ	D	-2.82%
STLD	B	-2.8%
EOG	A	-2.77%
DELL	C	-2.52%
NXPI	F	-2.51%
LRCX	F	-2.33%
PLD	D	-2.27%
PEP	F	-2.16%
MDT	D	-2.05%
NEE	C	-1.71%