AFMC vs. VAW ETF Comparison

Comparison of Active Factor Mid Cap ETF (AFMC) to Vanguard Materials ETF - DNQ (VAW)

AFMC

Active Factor Mid Cap ETF

AFMC Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.98

Average Daily Volume

15,161

Number of Holdings ^*

242

* may have additional holdings in another (foreign) market

VAW

Vanguard Materials ETF - DNQ

VAW Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Materials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the materials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$210.62

Average Daily Volume

31,818

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

Performance

Period	AFMC	VAW
30 Days	1.23%	2.45%
60 Days	6.74%	7.21%
90 Days	9.84%	10.18%
12 Months	36.13%	25.22%

15 Overlapping Holdings

Symbol	Grade	Weight in AFMC	Weight in VAW	Overlap
AMR	F	0.46%	0.19%	0.19%
ATR	A	0.15%	0.71%	0.15%
BERY	C	0.61%	0.55%	0.55%
CLF	D	0.2%	0.44%	0.2%
CMC	C	0.57%	0.43%	0.43%
CRS	B	0.49%	0.48%	0.48%
EXP	C	0.55%	0.61%	0.55%
GEF	C	0.39%	0.11%	0.11%
LPX	A	0.24%	0.44%	0.24%
NEU	F	0.2%	0.29%	0.2%
OLN	D	0.3%	0.37%	0.3%
RGLD	C	0.44%	0.48%	0.44%
RPM	C	0.4%	1.05%	0.4%
RS	D	0.34%	1.15%	0.34%
STLD	C	0.33%	1.25%	0.33%

AFMC Overweight 227 Positions Relative to VAW

Symbol	Grade	Weight
UTHR	B	1.58%
SFM	A	1.55%
TOL	A	1.51%
THC	C	1.27%
KBH	C	1.22%
VST	A	1.2%
MTG	B	1.17%
EME	C	1.15%
ORI	A	1.14%
AYI	A	1.03%
GDDY	D	1.02%
NRG	A	0.99%
ALSN	A	0.98%
ACT	C	0.96%
ESNT	C	0.95%
MLI	B	0.94%
COKE	B	0.93%
FIX	B	0.91%
INGR	A	0.9%
WSM	C	0.88%
ERIE	A	0.87%
CSL	A	0.85%
HIW	C	0.83%
TMHC	B	0.81%
RDN	D	0.81%
UNM	A	0.8%
CNM	F	0.76%
LII	C	0.76%
IBOC	D	0.75%
IDCC	A	0.75%
GLPI	B	0.75%
WPC	C	0.75%
OC	B	0.74%
CW	A	0.73%
CACI	A	0.7%
JBL	D	0.69%
TXRH	B	0.69%
BLDR	B	0.67%
CVLT	C	0.65%
PHM	A	0.64%
NTAP	D	0.64%
SF	A	0.63%
FHI	C	0.63%
NXST	D	0.63%
AMG	C	0.62%
JXN	B	0.62%
OHI	C	0.61%
ONTO	C	0.6%
G	A	0.6%
SNX	C	0.59%
CRUS	D	0.59%
MUSA	D	0.59%
TPL	B	0.58%
HRB	C	0.58%
WBS	D	0.58%
UHS	D	0.57%
PRI	A	0.56%
FICO	C	0.56%
NFG	A	0.56%
CHRD	F	0.55%
TPR	B	0.55%
MTH	B	0.55%
CUZ	C	0.55%
NYT	B	0.55%
FFIV	C	0.55%
ENS	C	0.54%
SBRA	C	0.53%
DINO	F	0.53%
BRBR	B	0.53%
PSN	A	0.52%
DBX	C	0.52%
HALO	D	0.51%
BCC	B	0.48%
TGNA	B	0.48%
ACIW	A	0.48%
DECK	C	0.48%
CHE	B	0.47%
JLL	B	0.47%
AGCO	D	0.47%
MAN	D	0.47%
SANM	D	0.46%
NVST	D	0.46%
PPC	A	0.46%
PK	D	0.46%
MEDP	F	0.45%
CBSH	D	0.45%
KMT	C	0.45%
HNI	B	0.44%
BTU	B	0.44%
LAMR	C	0.43%
NTCT	C	0.43%
DDS	D	0.42%
GMED	D	0.42%
PINC	F	0.41%
ARW	C	0.41%
GHC	B	0.41%
PVH	F	0.41%
ASO	D	0.4%
MOH	D	0.4%
SNA	B	0.39%
WFRD	F	0.39%
AIZ	A	0.38%
TEX	F	0.38%
ANF	D	0.38%
WSO	B	0.37%
LNTH	C	0.36%
EPR	C	0.36%
JAZZ	F	0.36%
UFPI	B	0.35%
SAIC	B	0.35%
DKS	D	0.34%
ADC	B	0.34%
BYD	C	0.33%
FSS	B	0.32%
APPF	C	0.32%
GAP	F	0.32%
HOG	C	0.31%
TTEK	B	0.31%
IBP	C	0.31%
CSWI	B	0.31%
COLB	C	0.3%
MANH	C	0.3%
NSA	C	0.3%
EXEL	C	0.3%
PBF	F	0.3%
HWC	D	0.3%
AN	B	0.29%
AVT	B	0.29%
BDC	B	0.29%
CR	C	0.28%
INCY	B	0.28%
CTRE	B	0.28%
CHRW	A	0.28%
SSB	C	0.28%
RL	B	0.27%
EHC	B	0.27%
ATKR	F	0.26%
CROX	C	0.26%
CNA	D	0.26%
NVT	D	0.26%
LEA	F	0.26%
WWD	B	0.26%
MSM	D	0.26%
GPI	C	0.25%
CRI	D	0.25%
TDC	D	0.25%
FHN	D	0.25%
HST	D	0.24%
LOPE	D	0.24%
ENSG	D	0.24%
WCC	C	0.23%
JHG	C	0.23%
BWA	C	0.23%
CATY	D	0.22%
ZD	D	0.22%
ESAB	C	0.21%
NAVI	D	0.21%
ADNT	D	0.21%
NBIX	F	0.21%
L	D	0.21%
VMI	B	0.21%
SJM	B	0.2%
JWN	D	0.2%
CRVL	C	0.2%
OZK	F	0.19%
AIT	A	0.19%
HPP	F	0.19%
HOMB	D	0.18%
NUS	F	0.18%
PRGO	F	0.18%
ABG	D	0.17%
APLE	D	0.17%
VSH	F	0.17%
DXC	D	0.17%
OPCH	D	0.17%
BLD	C	0.16%
M	F	0.16%
NSIT	C	0.15%
AEO	C	0.15%
AMN	F	0.15%
SM	F	0.15%
ZION	D	0.14%
CASY	D	0.13%
CNXC	F	0.12%
CAH	B	0.12%
TPH	B	0.12%
AOS	B	0.12%
OGN	D	0.11%
BOX	C	0.11%
CUBE	C	0.11%
BPMC	F	0.1%
ELF	F	0.1%
CPT	C	0.1%
SKX	C	0.09%
HSIC	C	0.09%
VNT	F	0.09%
EQH	C	0.09%
APA	F	0.09%
OSCR	C	0.09%
ITT	B	0.09%
BRX	B	0.08%
ITRI	C	0.08%
HLI	B	0.08%
WU	D	0.08%
LECO	F	0.08%
ASGN	D	0.08%
DCI	B	0.08%
UGI	C	0.07%
PDCO	F	0.07%
ZETA	B	0.07%
ACLS	F	0.07%
TAP	D	0.07%
HAE	D	0.07%
MMSI	C	0.06%
DVA	B	0.06%
DOCS	B	0.06%
CACC	F	0.05%
AWI	A	0.05%
SPSC	D	0.05%
SMAR	A	0.05%
PBH	D	0.05%
LEVI	B	0.04%
BMI	A	0.04%
IART	F	0.02%
NNN	A	0.0%
VRNS	C	0.0%
PI	B	0.0%

AFMC Underweight 101 Positions Relative to VAW

Symbol	Grade	Weight
LIN	B	-16.13%
SHW	B	-6.24%
ECL	A	-4.56%
FCX	B	-4.46%
APD	C	-4.35%
NEM	C	-4.32%
CTVA	B	-2.8%
DOW	B	-2.64%
NUE	D	-2.55%
DD	B	-2.47%
MLM	D	-2.31%
VMC	D	-2.27%
PPG	D	-2.13%
IFF	C	-1.86%
LYB	D	-1.8%
SW	B	-1.73%
BALL	B	-1.39%
PKG	A	-1.32%
AVY	B	-1.25%
AMCR	A	-1.16%
IP	B	-1.12%
CF	A	-1.07%
CE	D	-1.0%
EMN	B	-0.84%
CCK	A	-0.77%
ALB	D	-0.65%
GPK	B	-0.65%
MOS	F	-0.64%
X	F	-0.6%
ATI	B	-0.56%
AXTA	C	-0.56%
FMC	B	-0.56%
AA	C	-0.53%
ESI	B	-0.43%
CBT	B	-0.41%
BCPC	C	-0.4%
SON	D	-0.39%
WLK	B	-0.39%
SEE	B	-0.36%
SUM	D	-0.35%
FUL	F	-0.33%
SLGN	A	-0.31%
AVNT	B	-0.31%
KNF	C	-0.3%
ASH	F	-0.3%
HL	C	-0.25%
HUN	B	-0.25%
HCC	D	-0.23%
SMG	B	-0.21%
SXT	C	-0.2%
IOSP	F	-0.2%
CC	D	-0.2%
SLVM	C	-0.19%
HWKN	A	-0.18%
MTRN	F	-0.17%
KWR	D	-0.17%
CDE	C	-0.17%
MTX	D	-0.17%
ARCH	D	-0.16%
OI	D	-0.14%
ASPN	C	-0.13%
TROX	D	-0.12%
SCL	D	-0.12%
MP	C	-0.11%
PRM	B	-0.11%
NGVT	D	-0.1%
OEC	F	-0.08%
WS	D	-0.08%
KALU	D	-0.08%
USLM	C	-0.07%
TRS	D	-0.07%
MATV	D	-0.07%
ASIX	B	-0.06%
ECVT	F	-0.06%
CENX	C	-0.06%
KOP	F	-0.06%
PCT	C	-0.05%
SXC	F	-0.05%
HAYN	B	-0.05%
IE	D	-0.04%
GATO	C	-0.04%
PTVE	D	-0.04%
CLW	F	-0.04%
RYI	F	-0.04%
MTUS	F	-0.04%
LXU	D	-0.03%
ZEUS	F	-0.03%
RDUS	D	-0.03%
MYE	F	-0.03%
MERC	D	-0.02%
IPI	C	-0.02%
KRO	C	-0.02%
PACK	D	-0.02%
CMP	D	-0.02%
METC	D	-0.02%
TSE	C	-0.01%
AVD	F	-0.01%
PLL	D	-0.01%
ORGN	C	-0.01%
FEAM	F	-0.0%
DNMR	D	-0.0%