RPAR vs. MPAY ETF Comparison

Comparison of RPAR Risk Parity ETF (RPAR) to Akros Monthly Payout ETF (MPAY)

RPAR

RPAR Risk Parity ETF

RPAR Description

The investment seeks generate positive returns during periods of economic growth, preserve capital during periods of economic contraction, and preserve real rates of return during periods of heightened inflation. The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective primarily by investing across a variety of asset classes, including exposure to global equity securities, U.S. Treasury securities, and commodities. It's investment adviser seeks to invest the fund's assets to achieve exposures similar to those of the Advanced Research Risk Parity Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.45

Average Daily Volume

82,191

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MPAY

Akros Monthly Payout ETF

MPAY Description

MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.

Grade (RS Rating)

Last Trade

$25.82

Average Daily Volume

813

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RPAR	MPAY
30 Days	-2.39%	-1.06%
60 Days	-4.73%	-0.40%
90 Days	-2.63%	2.01%
12 Months	9.11%	22.48%

3 Overlapping Holdings

Symbol	Grade	Weight in RPAR	Weight in MPAY	Overlap
CVX	A	0.74%	1.32%	0.74%
GLDM	C	10.62%	3.6%	3.6%
XOM	A	1.36%	1.55%	1.36%

RPAR Overweight 33 Positions Relative to MPAY

Symbol	Grade	Weight
DE	C	1.23%
BHP	F	1.0%
RIO	D	0.79%
SCCO	F	0.62%
FCX	F	0.47%
CTVA	C	0.43%
TTE	F	0.38%
VALE	F	0.34%
COP	B	0.32%
ECL	D	0.27%
FSLR	F	0.25%
BP	F	0.2%
EOG	A	0.19%
EQNR	C	0.16%
CF	A	0.15%
CNH	C	0.14%
XYL	D	0.12%
E	F	0.12%
OXY	D	0.11%
AWK	C	0.1%
TTC	F	0.1%
SQM	D	0.1%
ENPH	F	0.1%
HES	B	0.1%
MOS	D	0.09%
FANG	C	0.08%
AGCO	F	0.08%
FMC	D	0.08%
EQT	A	0.07%
IEX	B	0.07%
DVN	F	0.06%
CTRA	B	0.05%
EC	D	0.04%

RPAR Underweight 48 Positions Relative to MPAY

Symbol	Grade	Weight
NVDA	A	-6.38%
AAPL	C	-5.94%
MSFT	D	-5.7%
AMZN	B	-4.97%
GOOGL	B	-4.73%
IAUM	C	-3.36%
LLY	F	-3.04%
WMT	A	-2.21%
TSLA	B	-1.83%
ORCL	A	-1.78%
V	A	-1.77%
COST	A	-1.77%
MA	B	-1.76%
UNH	B	-1.74%
HD	C	-1.74%
ADBE	D	-1.57%
MRK	F	-1.53%
NOW	B	-1.46%
JNJ	D	-1.46%
AMAT	F	-1.45%
ABBV	F	-1.45%
NFLX	A	-1.44%
CRM	B	-1.43%
LOW	C	-1.37%
QCOM	F	-1.36%
ACN	B	-1.34%
KLAC	F	-1.32%
MCD	D	-1.31%
INTU	B	-1.3%
CAT	C	-1.28%
HCA	F	-1.28%
FTNT	B	-1.28%
TJX	A	-1.28%
CSCO	B	-1.28%
PM	A	-1.27%
LIN	D	-1.27%
BKNG	A	-1.26%
PEP	F	-1.25%
NKE	F	-1.25%
ADP	B	-1.24%
AZO	C	-1.24%
ABNB	C	-1.23%
TXN	C	-1.23%
ABT	B	-1.23%
LMT	D	-1.23%
UPS	C	-1.22%
RTX	D	-1.19%
DELL	C	-1.02%