SCLZ vs. VEGN ETF Comparison

Comparison of Swan Enhanced Dividend Income ETF (SCLZ) to US Vegan Climate Index (VEGN)

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

$54.36

Average Daily Volume

1,700

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VEGN

US Vegan Climate Index

VEGN Description

The investment seeks to track the performance, before fees and expenses, of the Beyond Investing US Vegan Climate Index. The index's construction begins with the constituents of the Solactive US Large Cap Index, consisting of approximately 500 of the largest U.S.-listed companies. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Grade (RS Rating)

Last Trade

$54.74

Average Daily Volume

6,407

Number of Holdings ^*

252

* may have additional holdings in another (foreign) market

Performance

Period	SCLZ	VEGN
30 Days	0.42%	6.25%
60 Days	1.47%	7.15%
90 Days	2.43%	9.60%
12 Months		35.44%

23 Overlapping Holdings

Symbol	Grade	Weight in SCLZ	Weight in VEGN	Overlap
AAPL	C	4.96%	4.51%	4.51%
ACN	C	1.71%	2.09%	1.71%
ADP	B	1.53%	0.52%	0.52%
AON	A	1.42%	0.31%	0.31%
AVGO	D	3.47%	4.31%	3.47%
CBOE	B	1.16%	0.09%	0.09%
CSCO	B	1.93%	2.19%	1.93%
CTSH	B	1.23%	0.17%	0.17%
DE	A	1.48%	0.41%	0.41%
GOOGL	C	5.41%	1.97%	1.97%
INTU	C	1.81%	1.76%	1.76%
MA	C	2.49%	3.1%	2.49%
MMC	B	1.43%	0.46%	0.46%
MSCI	C	1.26%	0.19%	0.19%
ORCL	B	2.18%	2.74%	2.18%
OTIS	C	1.27%	0.17%	0.17%
PAYX	C	1.27%	0.2%	0.2%
PCAR	B	1.42%	0.25%	0.25%
QCOM	F	1.68%	1.6%	1.6%
SNA	A	1.38%	0.08%	0.08%
TXN	C	1.76%	1.78%	1.76%
UNH	C	2.86%	3.54%	2.86%
V	A	2.85%	3.24%	2.85%

SCLZ Overweight 26 Positions Relative to VEGN

Symbol	Grade	Weight
MSFT	F	4.84%
JPM	A	3.37%
LLY	F	2.99%
HD	A	2.48%
PG	A	2.43%
JNJ	D	2.25%
KO	D	1.89%
MRK	F	1.83%
PM	B	1.8%
CAT	B	1.76%
ABT	B	1.75%
MCD	D	1.75%
PEP	F	1.68%
HON	B	1.65%
TJX	A	1.59%
MO	A	1.49%
SBUX	A	1.48%
APH	A	1.47%
LMT	D	1.44%
ITW	B	1.43%
CTAS	B	1.37%
ZTS	D	1.32%
GD	F	1.32%
MDLZ	F	1.28%
YUM	B	1.2%
HSY	F	1.09%

SCLZ Underweight 229 Positions Relative to VEGN

Symbol	Grade	Weight
NVDA	C	-6.01%
TSLA	B	-5.45%
CRM	B	-2.62%
ADBE	C	-2.1%
NOW	A	-1.98%
GOOG	C	-1.97%
AMD	F	-1.91%
IBM	C	-1.77%
VZ	C	-1.58%
AMAT	F	-1.44%
CMCSA	B	-0.72%
AXP	A	-0.69%
BKNG	A	-0.69%
SPGI	C	-0.67%
T	A	-0.66%
PGR	A	-0.63%
ETN	A	-0.61%
UBER	D	-0.59%
PANW	C	-0.53%
FI	A	-0.52%
TMUS	B	-0.51%
CB	C	-0.47%
MU	D	-0.47%
PLD	D	-0.43%
INTC	D	-0.42%
LRCX	F	-0.41%
CI	F	-0.4%
ELV	F	-0.4%
ANET	C	-0.39%
UPS	C	-0.39%
PYPL	B	-0.38%
TT	A	-0.38%
ICE	C	-0.37%
PH	A	-0.37%
KLAC	D	-0.37%
AMT	D	-0.37%
SNPS	B	-0.35%
EQIX	A	-0.35%
MCK	B	-0.34%
CME	A	-0.34%
MRVL	B	-0.33%
CDNS	B	-0.33%
CRWD	B	-0.32%
WELL	A	-0.32%
MCO	B	-0.31%
ORLY	B	-0.3%
COF	B	-0.29%
HCA	F	-0.28%
FDX	B	-0.27%
ADSK	A	-0.27%
TFC	A	-0.26%
CARR	D	-0.26%
AJG	B	-0.26%
FTNT	C	-0.25%
AFL	B	-0.24%
SPG	B	-0.24%
JCI	C	-0.24%
TTD	B	-0.24%
ABNB	C	-0.24%
URI	B	-0.24%
TRV	B	-0.24%
BK	A	-0.24%
DASH	A	-0.23%
AMP	A	-0.23%
FICO	B	-0.23%
WDAY	B	-0.23%
PSA	D	-0.22%
MET	A	-0.21%
CMI	A	-0.21%
FIS	C	-0.21%
AIG	B	-0.21%
MSTR	C	-0.21%
ALL	A	-0.21%
FAST	B	-0.2%
GWW	B	-0.2%
SQ	A	-0.2%
DHI	D	-0.2%
CPRT	A	-0.2%
O	D	-0.2%
PRU	A	-0.19%
VRT	B	-0.18%
EA	A	-0.18%
CCI	D	-0.18%
DFS	B	-0.18%
LEN	D	-0.17%
DELL	C	-0.17%
CBRE	B	-0.17%
VRSK	A	-0.17%
IT	C	-0.17%
IQV	D	-0.16%
TEAM	A	-0.16%
SNOW	C	-0.16%
MTB	A	-0.15%
MCHP	F	-0.15%
ACGL	D	-0.15%
CHTR	C	-0.15%
EFX	F	-0.14%
IRM	D	-0.14%
HUM	C	-0.14%
HUBS	A	-0.14%
EXR	D	-0.14%
WAB	B	-0.14%
VEEV	C	-0.14%
HIG	B	-0.14%
MPWR	F	-0.13%
TTWO	A	-0.13%
CSGP	D	-0.13%
RJF	A	-0.13%
CNC	D	-0.13%
ROK	B	-0.13%
EBAY	D	-0.13%
FITB	A	-0.13%
DDOG	A	-0.13%
WTW	B	-0.13%
AVB	B	-0.13%
KEYS	A	-0.12%
GPN	B	-0.12%
ANSS	B	-0.12%
ON	D	-0.12%
HBAN	A	-0.11%
CDW	F	-0.11%
AWK	D	-0.11%
VTR	C	-0.11%
TYL	C	-0.11%
RBLX	C	-0.11%
MTD	D	-0.11%
SYF	B	-0.11%
BR	A	-0.11%
NET	B	-0.11%
BRO	B	-0.11%
NDAQ	A	-0.11%
PHM	D	-0.11%
NVR	D	-0.11%
DOV	A	-0.11%
CINF	A	-0.1%
SBAC	D	-0.1%
LPLA	A	-0.1%
EXPE	B	-0.1%
EME	C	-0.1%
RF	A	-0.1%
HUBB	B	-0.1%
NTAP	C	-0.1%
EQR	B	-0.1%
GDDY	A	-0.1%
MKL	A	-0.09%
WDC	D	-0.09%
CFG	B	-0.09%
BLDR	D	-0.09%
ZM	B	-0.09%
WAT	B	-0.09%
PTC	A	-0.09%
PINS	D	-0.08%
WRB	A	-0.08%
FDS	B	-0.08%
FSLR	F	-0.08%
MOH	F	-0.08%
MAA	B	-0.08%
ZS	C	-0.08%
GEN	B	-0.08%
LYV	A	-0.08%
INVH	D	-0.08%
ESS	B	-0.08%
LII	A	-0.08%
STX	D	-0.08%
TRU	D	-0.08%
MDB	C	-0.08%
OMC	C	-0.08%
ZBRA	B	-0.08%
ENTG	D	-0.07%
VRSN	F	-0.07%
SSNC	B	-0.07%
KIM	A	-0.07%
HOOD	B	-0.07%
OC	A	-0.07%
TER	D	-0.07%
GPC	D	-0.07%
EXPD	D	-0.07%
IEX	B	-0.07%
XPO	B	-0.07%
MANH	D	-0.07%
NTNX	A	-0.07%
WSO	A	-0.07%
TRMB	B	-0.07%
KEY	B	-0.07%
SWK	D	-0.06%
AKAM	D	-0.06%
POOL	C	-0.06%
EPAM	C	-0.06%
SWKS	F	-0.06%
SAIA	B	-0.06%
GGG	B	-0.06%
NTRA	B	-0.06%
SUI	D	-0.06%
PSTG	D	-0.06%
JBL	B	-0.06%
FHN	A	-0.05%
IPG	D	-0.05%
CCK	C	-0.05%
WPC	D	-0.05%
KMX	B	-0.05%
EG	C	-0.05%
OKTA	C	-0.05%
JKHY	D	-0.05%
WMS	D	-0.04%
TTC	D	-0.04%
GPK	C	-0.04%
LKQ	D	-0.04%
INGR	B	-0.04%
LAD	A	-0.04%
OMCL	C	-0.04%
SMCI	F	-0.04%
ELF	C	-0.03%
RIVN	F	-0.03%
SSD	D	-0.03%
TREX	C	-0.03%
RHI	B	-0.03%
ENPH	F	-0.03%
PLNT	A	-0.03%
HRB	D	-0.03%
EYE	C	-0.02%
RUN	F	-0.02%
CELH	F	-0.02%
SLGN	A	-0.02%
AN	C	-0.02%
HTZ	C	-0.02%
ENR	B	-0.02%
PLUG	F	-0.01%
CAR	C	-0.01%
BYND	F	-0.01%