UDI vs. AGQI ETF Comparison

Comparison of USCF Dividend Income Fund (UDI) to First Trust Active Global Quality Income ETF (AGQI)

UDI

USCF Dividend Income Fund

UDI Description

USCF ESG Dividend Income Fund is an exchange traded fund launched and managed by USCF Advisers LLC. It is co-managed by Miller/Howard Investments, Inc. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. The fund does not invest in stocks of companies operating across tobacco, firearms, controversial weapons, human rights violations or environmental abuses sectors. USCF ESG Dividend Income Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$30.68

Average Daily Volume

4,786

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AGQI

First Trust Active Global Quality Income ETF

AGQI Description

AGQI aims to hold a global basket of income-producing equities of companies that can maintain or grow dividends without compromising their financial stability. Equity securities include common and preferred stocks, depositary receipts, and real estate investment trusts. The fund invests in US and non-US issuers, holding at least 40% of its assets outside the US, with up to 20% allocated in emerging markets. The fund uses a fundamental approach to select dividend-paying companies with quality income, meaning they can provide stable and growing dividends. Eligible companies are assessed based on ROE and/or ROIC, financial leverage ratio, and dividend payout ratio. The resulting portfolio may have a large-cap tilt, although the fund invests in companies of any market capitalization. On November 21, 2023, the ETF acquired all assets and liabilities of the First Trust Dynamic Europe Equity Income Fund (ticker: FDEU), which had about $220 million in assets, morphing the closed-end fund into an ETF.

Grade (RS Rating)

Last Trade

$13.87

Average Daily Volume

8,506

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	UDI	AGQI
30 Days	2.01%	-3.61%
60 Days	3.41%	-4.64%
90 Days	5.15%	-4.61%
12 Months	28.37%	9.66%

3 Overlapping Holdings

Symbol	Grade	Weight in UDI	Weight in AGQI	Overlap
BAC	A	2.51%	3.08%	2.51%
KO	D	3.86%	3.79%	3.79%
MDT	D	3.65%	3.49%	3.49%

UDI Overweight 28 Positions Relative to AGQI

Symbol	Grade	Weight
JEF	A	5.31%
GS	A	4.9%
GILD	C	4.57%
ORI	A	4.43%
PAYX	B	4.4%
JPM	A	4.33%
BK	A	4.28%
JNJ	C	4.09%
CSCO	B	3.7%
ABBV	F	3.47%
CMCSA	B	3.41%
EWBC	A	3.31%
HST	C	2.6%
LAMR	C	2.58%
ASB	B	2.57%
IPG	D	2.54%
CME	B	2.35%
TXN	C	2.26%
USB	A	2.23%
RHI	C	2.02%
STAG	D	1.8%
MRK	D	1.8%
GSK	F	1.71%
OMC	C	1.69%
TGT	F	1.56%
CAG	F	1.56%
RDN	D	1.43%
SON	F	1.4%

UDI Underweight 10 Positions Relative to AGQI

Symbol	Grade	Weight
MSFT	D	-4.62%
NVT	B	-4.56%
UL	D	-3.48%
SONY	B	-3.34%
HD	B	-3.32%
ORCL	A	-3.27%
VZ	C	-2.86%
PG	C	-2.79%
HON	C	-2.6%
AMT	C	-2.57%