MLPX vs. ADPV ETF Comparison

Comparison of Global X MLP & Energy Infrastructure ETF (MLPX) to Adaptiv Select ETF (ADPV)

MLPX

Global X MLP & Energy Infrastructure ETF

MLPX Description

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Solactive MLP & Energy Infrastructure Index. The fund invests at least 80% of its total assets in the securities of the underlying index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days' prior written notice to shareholders before it can be changed. The underlying index tracks the performance of MLPs and energy infrastructure corporations. It is non-diversified.

Grade (RS Rating)

Last Trade

$64.40

Average Daily Volume

313,564

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.08

Average Daily Volume

6,571

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MLPX	ADPV
30 Days	13.59%	12.84%
60 Days	18.87%	16.03%
90 Days	21.25%	16.61%
12 Months	52.72%	57.68%

2 Overlapping Holdings

	Symbol	Grade	Weight in MLPX	Weight in ADPV	Overlap
	AM	A	2.97%	2.76%	2.76%
	KMI	A	7.23%	3.92%	3.92%

MLPX Overweight 19 Positions Relative to ADPV

Symbol	Grade	Weight
WMB	A	9.92%
OKE	A	9.73%
LNG	A	6.92%
TRGP	A	5.31%
DTM	A	5.1%
MPLX	A	4.22%
ET	A	4.11%
EPD	A	4.08%
PAA	B	3.79%
WES	C	3.69%
PAGP	A	2.02%
AROC	A	2.01%
ENLC	A	1.99%
HESM	B	1.57%
KNTK	A	1.2%
CQP	B	1.09%
NEXT	C	0.68%
NFE	D	0.47%
DKL	C	0.25%

MLPX Underweight 23 Positions Relative to ADPV

Symbol	Grade	Weight
PLTR	B	-7.92%
APP	B	-6.12%
HOOD	B	-5.75%
PPC	C	-5.68%
HBAN	A	-5.31%
T	A	-4.74%
VIRT	A	-4.7%
AMCR	C	-4.61%
KEY	B	-4.53%
NU	C	-4.23%
MDU	D	-3.65%
RF	A	-3.54%
MTG	C	-3.43%
VST	A	-3.39%
TOST	B	-3.29%
CRBG	B	-3.28%
CPNG	D	-3.22%
OWL	A	-3.14%
HIW	C	-3.07%
VKTX	F	-2.72%
GTES	A	-2.29%
EXEL	B	-1.94%
HAYW	B	-1.84%