SCLZ vs. MPAY ETF Comparison
Comparison of Swan Enhanced Dividend Income ETF (SCLZ) to Akros Monthly Payout ETF (MPAY)
SCLZ
Swan Enhanced Dividend Income ETF
SCLZ Description
SCLZ aims to maximize income through a portfolio of US dividend-paying companies combined with a covered call writing strategy. This strategy provides a potential buffer against market volatility, although the reduction is limited to the amount of option premium received. Based on the large- and mid-cap stocks of the OShares Focused Quality Dividend Index, the fund selects 50 names based on a composite score for quality and growth characteristics. The composite score considers quality factors, dividend growth, dividend coverage, and dividend yield. Note some stocks with superior dividend payouts and higher capital appreciation potential may be excluded if option premium potential is too low. Quarterly, constituents are re-ranked based on historic dividend yield and potential capital appreciation, with holdings sold when they are no longer listed. Risk management involves establishing pre-defined exit points for each option to reduce downside exposure while maximizing income.
Grade (RS Rating)
Last Trade
$54.74
Average Daily Volume
1,700
49
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
811
51
Performance
| Period | SCLZ | MPAY |
|---|---|---|
| 30 Days | 0.58% | 1.35% |
| 60 Days | 1.63% | 0.61% |
| 90 Days | 2.59% | 2.24% |
| 12 Months | 24.38% |
24 Overlapping Holdings
| Symbol | Grade | Weight in SCLZ | Weight in MPAY | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 4.96% | 5.94% | 4.96% | |
| ABT | B | 1.75% | 1.23% | 1.23% | |
| ACN | C | 1.71% | 1.34% | 1.34% | |
| ADP | B | 1.53% | 1.24% | 1.24% | |
| CAT | B | 1.76% | 1.28% | 1.28% | |
| CSCO | B | 1.93% | 1.28% | 1.28% | |
| GOOGL | C | 5.41% | 4.73% | 4.73% | |
| HD | A | 2.48% | 1.74% | 1.74% | |
| INTU | C | 1.81% | 1.3% | 1.3% | |
| JNJ | D | 2.25% | 1.46% | 1.46% | |
| LLY | F | 2.99% | 3.04% | 2.99% | |
| LMT | D | 1.44% | 1.23% | 1.23% | |
| MA | C | 2.49% | 1.76% | 1.76% | |
| MCD | D | 1.75% | 1.31% | 1.31% | |
| MRK | F | 1.83% | 1.53% | 1.53% | |
| MSFT | F | 4.84% | 5.7% | 4.84% | |
| ORCL | B | 2.18% | 1.78% | 1.78% | |
| PEP | F | 1.68% | 1.25% | 1.25% | |
| PM | B | 1.8% | 1.27% | 1.27% | |
| QCOM | F | 1.68% | 1.36% | 1.36% | |
| TJX | A | 1.59% | 1.28% | 1.28% | |
| TXN | C | 1.76% | 1.23% | 1.23% | |
| UNH | C | 2.86% | 1.74% | 1.74% | |
| V | A | 2.85% | 1.77% | 1.77% |
SCLZ Overweight 25 Positions Relative to MPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| AVGO | D | 3.47% | |
| JPM | A | 3.37% | |
| PG | A | 2.43% | |
| KO | D | 1.89% | |
| HON | B | 1.65% | |
| MO | A | 1.49% | |
| SBUX | A | 1.48% | |
| DE | A | 1.48% | |
| APH | A | 1.47% | |
| ITW | B | 1.43% | |
| MMC | B | 1.43% | |
| PCAR | B | 1.42% | |
| AON | A | 1.42% | |
| SNA | A | 1.38% | |
| CTAS | B | 1.37% | |
| ZTS | D | 1.32% | |
| GD | F | 1.32% | |
| MDLZ | F | 1.28% | |
| PAYX | C | 1.27% | |
| OTIS | C | 1.27% | |
| MSCI | C | 1.26% | |
| CTSH | B | 1.23% | |
| YUM | B | 1.2% | |
| CBOE | B | 1.16% | |
| HSY | F | 1.09% |
SCLZ Underweight 27 Positions Relative to MPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | C | -6.38% | |
| AMZN | C | -4.97% | |
| GLDM | C | -3.6% | |
| IAUM | C | -3.36% | |
| WMT | A | -2.21% | |
| TSLA | B | -1.83% | |
| COST | B | -1.77% | |
| ADBE | C | -1.57% | |
| XOM | B | -1.55% | |
| NOW | A | -1.46% | |
| AMAT | F | -1.45% | |
| ABBV | D | -1.45% | |
| NFLX | A | -1.44% | |
| CRM | B | -1.43% | |
| LOW | D | -1.37% | |
| CVX | A | -1.32% | |
| KLAC | D | -1.32% | |
| HCA | F | -1.28% | |
| FTNT | C | -1.28% | |
| LIN | D | -1.27% | |
| BKNG | A | -1.26% | |
| NKE | D | -1.25% | |
| AZO | C | -1.24% | |
| ABNB | C | -1.23% | |
| UPS | C | -1.22% | |
| RTX | C | -1.19% | |
| DELL | C | -1.02% |
SCLZ: Top Represented Industries & Keywords
MPAY: Top Represented Industries & Keywords
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