MTUM vs. ACIO ETF Comparison

Comparison of iShares MSCI USA Momentum Factor ETF (MTUM) to Aptus Collared Income Opportunity ETF (ACIO)

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$214.91

Average Daily Volume

840,198

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

ACIO

Aptus Collared Income Opportunity ETF

ACIO Description

The investment seeks current income and capital appreciation. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective principally by investing in a portfolio of large capitalization U.S.-listed equity securities and an options collar (i.e., a mix of written (sold) call options and long (bought) put options) on the same underlying equity securities. It may write call options on up to 100% of each equity position held in the portfolio and will use a portion of the premium received from writing such call options to purchase put options. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.68

Average Daily Volume

177,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MTUM	ACIO
30 Days	3.53%	1.67%
60 Days	6.25%	2.81%
90 Days	8.85%	3.89%
12 Months	43.02%	26.46%

23 Overlapping Holdings

Symbol	Grade	Weight in MTUM	Weight in ACIO	Overlap
AVGO	D	4.72%	1.93%	1.93%
C	A	1.08%	0.61%	0.61%
COST	B	3.63%	1.02%	1.02%
CTAS	B	0.91%	0.96%	0.91%
DUK	C	0.88%	0.64%	0.64%
FI	A	0.9%	1.1%	0.9%
ICE	C	0.72%	0.7%	0.7%
ISRG	A	1.54%	1.04%	1.04%
JPM	A	5.48%	1.98%	1.98%
KO	D	2.71%	1.12%	1.12%
LLY	F	3.82%	1.2%	1.2%
LMT	D	1.37%	1.6%	1.37%
MO	A	1.19%	0.61%	0.61%
MSI	B	1.0%	0.9%	0.9%
NEE	D	2.24%	0.69%	0.69%
NVDA	C	5.34%	7.18%	5.34%
PGR	A	1.88%	1.66%	1.66%
PHM	D	0.31%	0.8%	0.31%
SO	D	1.15%	1.02%	1.02%
TJX	A	1.09%	0.87%	0.87%
TYL	B	0.23%	0.6%	0.23%
VRTX	F	0.95%	0.45%	0.45%
WMT	A	4.93%	1.2%	1.2%

MTUM Overweight 101 Positions Relative to ACIO

Symbol	Grade	Weight
GE	D	2.96%
PM	B	2.93%
RTX	C	2.19%
GS	A	2.0%
TXN	C	1.86%
AXP	A	1.53%
KKR	A	1.3%
BSX	B	1.25%
MMM	D	1.21%
ANET	C	1.17%
TT	A	1.13%
CEG	D	1.12%
PLTR	B	1.02%
APH	A	0.97%
CB	C	0.9%
MSTR	C	0.89%
WELL	A	0.84%
VST	B	0.82%
KLAC	D	0.8%
NEM	D	0.79%
CL	D	0.79%
AFL	B	0.78%
APP	B	0.74%
HWM	A	0.73%
TDG	D	0.7%
MCO	B	0.7%
VRT	B	0.63%
WMB	A	0.63%
TRGP	B	0.61%
FICO	B	0.6%
AJG	B	0.59%
PEG	A	0.5%
DELL	C	0.49%
BK	A	0.48%
IRM	D	0.48%
HIG	B	0.46%
PWR	A	0.43%
GRMN	B	0.42%
ALL	A	0.41%
AEP	D	0.4%
EME	C	0.38%
DFS	B	0.38%
DHI	D	0.37%
RSG	A	0.36%
ACGL	D	0.35%
CBRE	B	0.34%
GDDY	A	0.34%
TPL	A	0.33%
WAB	B	0.33%
AXON	A	0.32%
VTR	C	0.31%
NTAP	C	0.31%
VLTO	D	0.31%
ALNY	D	0.3%
KDP	D	0.3%
AVB	B	0.29%
RMD	C	0.29%
K	A	0.29%
NDAQ	A	0.28%
LEN	D	0.28%
NRG	B	0.27%
BRO	B	0.27%
EIX	B	0.26%
EBAY	D	0.25%
FITB	A	0.25%
LDOS	C	0.24%
MPWR	F	0.24%
LII	A	0.24%
CSL	C	0.23%
NVR	D	0.23%
SW	A	0.22%
SYF	B	0.22%
DOV	A	0.22%
EQR	B	0.17%
PKG	A	0.16%
IFF	D	0.16%
HEI	B	0.16%
ESS	B	0.15%
IP	B	0.15%
HOOD	B	0.15%
UTHR	C	0.15%
ERIE	D	0.13%
HEI	B	0.12%
MAA	B	0.12%
UHS	D	0.11%
CFG	B	0.11%
DKS	C	0.1%
DGX	A	0.09%
NI	A	0.09%
FNF	B	0.08%
AMCR	D	0.08%
DOC	D	0.08%
FOXA	B	0.07%
CPT	B	0.07%
FOX	A	0.07%
DVA	B	0.07%
CHRW	C	0.06%
ALLY	C	0.06%
UDR	B	0.05%
LNT	A	0.05%
EQH	B	0.03%

MTUM Underweight 53 Positions Relative to ACIO

Symbol	Grade	Weight
AAPL	C	-6.96%
MSFT	F	-6.16%
AMZN	C	-3.8%
GOOG	C	-3.78%
META	D	-2.47%
NOW	A	-2.05%
TSLA	B	-1.91%
XOM	B	-1.85%
SYK	C	-1.81%
V	A	-1.8%
BRK.A	B	-1.73%
CAT	B	-1.71%
AMAT	F	-1.32%
NFLX	A	-1.31%
LIN	D	-1.3%
UNH	C	-1.26%
TMUS	B	-1.22%
BLK	C	-1.22%
LOW	D	-1.2%
MS	A	-1.14%
ACN	C	-1.13%
PG	A	-1.11%
MAR	B	-1.11%
TMO	F	-1.03%
JNJ	D	-1.02%
BAC	A	-1.02%
INTU	C	-1.01%
CSX	B	-1.0%
MCD	D	-0.98%
HON	B	-0.92%
MMC	B	-0.89%
ADI	D	-0.84%
AMT	D	-0.82%
ABT	B	-0.79%
FANG	D	-0.74%
BMY	B	-0.71%
DLR	B	-0.7%
MKC	D	-0.68%
ABBV	D	-0.64%
ETN	A	-0.61%
DE	A	-0.58%
EOG	A	-0.49%
PSA	D	-0.47%
ADBE	C	-0.46%
AMD	F	-0.45%
HCA	F	-0.45%
SHW	A	-0.42%
BR	A	-0.41%
CMCSA	B	-0.39%
FCX	D	-0.36%
AMGN	D	-0.35%
ADP	B	-0.31%
SLB	C	-0.25%