TGLR vs. DIVZ ETF Comparison

Comparison of LAFFER TENGLER Equity Income ETF (TGLR) to TrueShares Low Volatility Equity Income ETF (DIVZ)

TGLR

LAFFER TENGLER Equity Income ETF

TGLR Description

TGLR aims to provide long-term capital appreciation by actively selecting between 25-35 US large-cap stocks. The stocks selected are expected to produce above-market dividend yield with low turnover. The strategy is based on two valuation metrics the sub-adviser believes to be consistent indicators of company value: relative dividend yield and relative price-to-sales ratio. The metrics help determine over- and under valuation, security by security. The sub-adviser then conducts proprietary fundamental factor research to identify stocks for portfolio selection. The research considers both qualitative and quantitative factors such as: catalyst for outperformance, franchise value and market growth, firm management, sales or revenue growth, margins, positive free cash flow, dividend growth, P/E, asset turnover, leverage, and risk. The primary indicator for a stock sell is when the stocks dividend yield is lower than the S&P 500 Index, a sell range is determined.

Grade (RS Rating)

Last Trade

$30.88

Average Daily Volume

2,371

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DIVZ

TrueShares Low Volatility Equity Income ETF

DIVZ Description

The investment seeks to provide capital appreciation with lower volatility and a higher dividend yield compared to the S&P 500 Index. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing 25-35 stocks of companies that pay dividends and expect to grow the dividends over time and are trading at attractive valuations at the time of the investment. Under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, will be invested in equity securities, including common stocks and American Depositary Receipts (ADRs). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.13

Average Daily Volume

17,981

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TGLR	DIVZ
30 Days	3.29%	2.69%
60 Days	4.83%	4.13%
90 Days	7.46%	6.07%
12 Months	30.96%	27.15%

9 Overlapping Holdings

Symbol	Grade	Weight in TGLR	Weight in DIVZ	Overlap
AVGO	D	4.51%	2.08%	2.08%
CVX	A	3.15%	2.8%	2.8%
EOG	A	2.77%	1.89%	1.89%
GS	A	3.92%	2.46%	2.46%
JNJ	D	2.82%	2.8%	2.8%
MDT	D	2.05%	3.45%	2.05%
NEE	D	1.71%	3.36%	1.71%
ORCL	B	6.11%	2.54%	2.54%
PEP	F	2.16%	2.49%	2.16%

TGLR Overweight 20 Positions Relative to DIVZ

Symbol	Grade	Weight
AXP	A	4.89%
JPM	A	4.48%
WMT	A	4.46%
MSFT	F	4.27%
HD	A	4.15%
CARR	D	4.14%
MCD	D	3.87%
RTX	C	3.65%
ABBV	D	3.64%
TXN	C	3.26%
EMR	A	3.14%
LHX	C	3.04%
SBUX	A	2.89%
STLD	B	2.8%
GOOGL	C	2.56%
DELL	C	2.52%
NXPI	D	2.51%
AAPL	C	2.41%
LRCX	F	2.33%
PLD	D	2.27%

TGLR Underweight 20 Positions Relative to DIVZ

Symbol	Grade	Weight
BTI	B	-4.64%
PM	B	-4.49%
UNH	C	-4.43%
KMI	A	-4.34%
OWL	A	-4.27%
VZ	C	-4.21%
XOM	B	-3.94%
UPS	C	-3.52%
C	A	-3.48%
APD	A	-3.22%
KVUE	A	-3.15%
KO	D	-2.99%
HSY	F	-2.88%
D	C	-2.88%
AEP	D	-2.74%
LMT	D	-2.48%
MS	A	-2.43%
SCHW	B	-2.14%
GPC	D	-1.92%
PFE	D	-1.76%