RNEW vs. COWS ETF Comparison

Comparison of VanEck Green Infrastructure ETF (RNEW) to Amplify Cash Flow Dividend Leaders ETF (COWS)

RNEW

VanEck Green Infrastructure ETF

RNEW Description

The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.29

Average Daily Volume

105

Number of Holdings ^*

* may have additional holdings in another (foreign) market

COWS

Amplify Cash Flow Dividend Leaders ETF

COWS Description

COWS is an index tracking fund utilizing a replication strategy. The index strategy aims to invest in US stocks of companies perceived to be stable and pay dividends. The starting investment universe considers the 1000 most liquid US-listed companies, excluding the financial sector. Filtering this universe, the 100 highest ranked free cash flow yielding stocks, as measured by equally weighting the stocks average trailing and forward cash flow yield. Companies with no forward estimates for free cash flow yields or earnings are removed. The investment universe is then filtered to identify dividend paying stocks with three years of uninterrupted dividend growth. Stocks with a payout ratio greater than 75% are eliminated. The top 10% of dividend yielding stocks are selected for the index. This process results in 40-100 stocks being selected and initially equally weighted in the index. Industry exposure is capped at 24%. Index holdings are reconstituted and rebalanced on a quarterly basis.

Grade (RS Rating)

Last Trade

$29.43

Average Daily Volume

6,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RNEW	COWS
30 Days	-2.94%	-2.66%
60 Days	-1.79%	3.71%
90 Days	0.68%	7.08%
12 Months	9.43%	22.87%

1 Overlapping Holdings

	Symbol	Grade	Weight in RNEW	Weight in COWS	Overlap
	BWA	D	4.23%	1.38%	1.38%

RNEW Overweight 40 Positions Relative to COWS

Symbol	Grade	Weight
TSLA	B	6.39%
CLH	C	5.94%
LNG	A	5.91%
PWR	B	5.8%
RSG	D	5.63%
ECL	C	5.45%
WM	A	5.44%
DCI	A	4.79%
RIVN	F	4.4%
ENPH	D	3.49%
FSLR	C	3.47%
LCID	F	3.3%
CWST	D	3.23%
SRCL	A	3.01%
SWX	C	2.86%
IDA	A	2.8%
ITRI	A	2.56%
ORA	A	2.48%
NWE	D	1.84%
RUN	C	1.72%
NEP	F	1.29%
BE	D	1.23%
CWEN	C	1.21%
NFE	F	1.0%
PLUG	C	0.81%
SPH	C	0.64%
AMRC	B	0.56%
ERII	A	0.55%
ARRY	D	0.54%
MEG	F	0.48%
SHLS	D	0.45%
REX	C	0.43%
MNTK	B	0.42%
GPRE	D	0.41%
NOVA	F	0.38%
CLNE	C	0.36%
AMPS	C	0.31%
CHPT	F	0.3%
SES	F	0.1%
FCEL	F	0.08%

RNEW Underweight 52 Positions Relative to COWS

Symbol	Grade	Weight
VST	B	-3.66%
SNA	A	-2.85%
OC	B	-2.68%
CMCSA	A	-2.58%
BC	D	-2.54%
TKR	C	-2.52%
CF	B	-2.49%
FNF	C	-2.47%
EBAY	D	-2.44%
SLB	F	-2.4%
MRO	B	-2.38%
G	C	-2.35%
HAL	F	-2.34%
WSM	D	-2.33%
FDX	D	-2.27%
TPR	A	-2.19%
SWKS	F	-2.09%
NXST	A	-2.09%
SM	F	-2.06%
PARA	C	-2.02%
BMY	A	-1.96%
PVH	C	-1.96%
ALSN	A	-1.93%
PTEN	F	-1.9%
BEN	C	-1.83%
VLO	F	-1.83%
ASO	D	-1.77%
MUR	F	-1.75%
NOV	F	-1.74%
MGY	A	-1.71%
GAP	C	-1.68%
BBWI	D	-1.67%
T	B	-1.66%
PR	F	-1.65%
OGN	F	-1.56%
MTDR	C	-1.56%
DVN	F	-1.53%
AEO	F	-1.51%
OLN	F	-1.46%
TMUS	B	-1.38%
LEA	F	-1.38%
AYI	A	-1.34%
VNT	B	-1.33%
CSCO	A	-1.32%
IPG	F	-1.32%
DNB	B	-1.31%
RL	A	-1.29%
OSK	C	-1.28%
MCK	C	-1.24%
SAIC	A	-1.23%
INGR	C	-1.17%
ENS	F	-1.17%

RNEW: Top Represented Industries & Keywords

Industries: Waste Management Solar Utilities - Independent Power Producers Auto Manufacturers Utilities - Regulated Gas Auto Parts Electronic Components Engineering & Construction Specialty Chemicals Utilities - Diversified Utilities - Regulated Electric Chemicals Conglomerates Diversified Industrials Oil & Gas Midstream Oil & Gas Refining & Marketing Pollution & Treatment Controls Scientific & Technical Instruments Semiconductor Equipment & Materials Utilities - Renewable