ACIO vs. SIZE ETF Comparison

Comparison of Aptus Collared Income Opportunity ETF (ACIO) to iShares MSCI USA Size Factor (SIZE)

ACIO

Aptus Collared Income Opportunity ETF

ACIO Description

The investment seeks current income and capital appreciation. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective principally by investing in a portfolio of large capitalization U.S.-listed equity securities and an options collar (i.e., a mix of written (sold) call options and long (bought) put options) on the same underlying equity securities. It may write call options on up to 100% of each equity position held in the portfolio and will use a portion of the premium received from writing such call options to purchase put options. It is non-diversified.

Grade (RS Rating)

Last Trade

$39.53

Average Daily Volume

161,315

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SIZE

iShares MSCI USA Size Factor

SIZE Description

The investment seeks to track the performance of MSCI USA Risk Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with relatively smaller average market capitalization, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Risk Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$147.56

Average Daily Volume

4,217

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	ACIO	SIZE
30 Days	0.85%	1.53%
60 Days	5.25%	7.09%
90 Days	3.11%	8.07%
12 Months	31.23%	29.90%

28 Overlapping Holdings

Symbol	Grade	Weight in ACIO	Weight in SIZE	Overlap
AAPL	C	6.78%	5.52%	5.52%
ACN	B	1.09%	1.61%	1.09%
ADBE	F	0.48%	1.84%	0.48%
ADP	A	0.29%	1.63%	0.29%
AMAT	B	1.56%	1.37%	1.37%
BLK	A	1.15%	0.9%	0.9%
CAT	A	1.73%	1.41%	1.41%
COST	C	1.02%	2.55%	1.02%
CTAS	C	0.93%	0.57%	0.57%
GOOG	B	3.64%	1.46%	1.46%
JNJ	D	1.09%	2.28%	1.09%
LIN	B	1.41%	1.22%	1.22%
LLY	D	1.56%	4.26%	1.56%
LMT	A	1.77%	1.17%	1.17%
META	A	2.58%	4.17%	2.58%
MMC	D	0.91%	0.75%	0.75%
MSFT	D	6.68%	4.67%	4.67%
NFLX	B	1.1%	1.55%	1.1%
NVDA	B	6.63%	5.92%	5.92%
PEP	F	1.2%	1.19%	1.19%
PHM	A	0.9%	0.48%	0.48%
PLD	D	0.95%	0.8%	0.8%
PSA	C	0.52%	0.6%	0.52%
SHW	C	0.44%	0.58%	0.44%
TJX	D	0.87%	2.0%	0.87%
UNH	B	1.24%	2.74%	1.24%
V	C	1.61%	3.98%	1.61%
VRTX	D	0.47%	0.62%	0.47%

ACIO Overweight 46 Positions Relative to SIZE

Symbol	Grade	Weight
AMZN	C	3.69%
AVGO	C	2.36%
NOW	C	1.83%
XOM	A	1.8%
JPM	D	1.77%
SYK	C	1.72%
BRK.A	C	1.71%
PGR	C	1.7%
TSLA	C	1.47%
PG	D	1.27%
LOW	A	1.24%
TMO	D	1.23%
WMT	A	1.15%
TMUS	A	1.08%
SO	A	1.06%
MCD	A	1.04%
INTU	F	1.01%
MAR	B	1.0%
CSX	D	0.99%
ELV	F	0.94%
ADI	C	0.93%
MS	B	0.9%
BAC	D	0.89%
HON	C	0.86%
MSI	A	0.85%
FDX	F	0.8%
ABT	C	0.79%
NEE	A	0.78%
MDLZ	D	0.77%
MRK	F	0.77%
FANG	C	0.76%
ABBV	B	0.74%
ICE	A	0.73%
ISRG	C	0.71%
DUK	B	0.67%
DLR	C	0.63%
TYL	B	0.59%
DE	B	0.59%
MO	D	0.57%
EOG	B	0.57%
ETN	C	0.57%
C	C	0.55%
FCX	B	0.4%
AMGN	D	0.39%
CMCSA	C	0.37%
HAL	D	0.24%

ACIO Underweight 95 Positions Relative to SIZE

Symbol	Grade	Weight
MA	A	-3.96%
GOOGL	B	-1.68%
COP	D	-1.68%
KO	C	-1.66%
NKE	D	-1.61%
CSCO	A	-1.6%
TXN	C	-1.37%
CMG	C	-1.25%
QCOM	C	-1.2%
KLAC	B	-0.96%
SLB	D	-0.89%
DHI	C	-0.84%
SRE	B	-0.84%
LRCX	D	-0.83%
ANET	A	-0.75%
ITW	B	-0.7%
PEG	A	-0.69%
NVR	B	-0.56%
ZTS	C	-0.56%
LULU	D	-0.55%
CDNS	D	-0.55%
MMM	C	-0.54%
MCO	D	-0.54%
ED	A	-0.53%
GWW	B	-0.52%
SNPS	F	-0.5%
CME	A	-0.5%
APH	D	-0.47%
PAYX	A	-0.46%
TSCO	B	-0.44%
DECK	B	-0.43%
AFL	A	-0.41%
GRMN	D	-0.41%
TPL	A	-0.4%
ATO	A	-0.38%
FAST	C	-0.37%
IDXX	D	-0.36%
ULTA	D	-0.35%
WSM	B	-0.34%
CBRE	B	-0.33%
APD	C	-0.32%
ODFL	F	-0.31%
BBY	C	-0.31%
ACGL	B	-0.29%
CSGP	F	-0.28%
MPWR	B	-0.28%
FERG	F	-0.28%
AMP	A	-0.27%
EW	F	-0.24%
AVB	C	-0.24%
A	B	-0.23%
VLTO	A	-0.23%
POOL	B	-0.23%
NTAP	D	-0.22%
MANH	C	-0.21%
APA	F	-0.21%
MNST	D	-0.21%
ROK	C	-0.2%
EQT	B	-0.19%
EA	D	-0.18%
RMD	C	-0.18%
EQR	C	-0.18%
HSY	F	-0.17%
TROW	D	-0.17%
PPG	D	-0.16%
KEYS	C	-0.16%
CBOE	B	-0.15%
SMCI	F	-0.15%
VEEV	C	-0.15%
EME	C	-0.14%
WAT	B	-0.13%
EXPD	D	-0.13%
ERIE	B	-0.12%
FDS	C	-0.12%
ROL	C	-0.12%
WST	D	-0.12%
LPLA	C	-0.12%
OMC	C	-0.11%
MOH	D	-0.11%
ENPH	F	-0.11%
WSO	C	-0.11%
GGG	C	-0.1%
PKG	B	-0.09%
JKHY	A	-0.09%
RS	D	-0.08%
UTHR	C	-0.08%
AVY	D	-0.08%
PAYC	D	-0.07%
MKTX	B	-0.07%
AOS	B	-0.07%
IPG	D	-0.06%
SEIC	B	-0.06%
AFG	B	-0.06%
SOLV	C	-0.05%
WBA	F	-0.03%