AHOY vs. COWS ETF Comparison

Comparison of Newday Ocean Health ETF (AHOY) to Amplify Cash Flow Dividend Leaders ETF (COWS)

AHOY

Newday Ocean Health ETF

AHOY Description

Under normal market conditions, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in Ocean Health Companies. The fund categorizes an "Ocean Health Company" as a company that is concerned with and attentive to discharge of excess nutrients into bodies of water, end of lifecycle product waste, commitments to environmental protectionism, and/or CO2 emissions. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.00

Average Daily Volume

324

Number of Holdings ^*

* may have additional holdings in another (foreign) market

COWS

Amplify Cash Flow Dividend Leaders ETF

COWS Description

COWS is an index tracking fund utilizing a replication strategy. The index strategy aims to invest in US stocks of companies perceived to be stable and pay dividends. The starting investment universe considers the 1000 most liquid US-listed companies, excluding the financial sector. Filtering this universe, the 100 highest ranked free cash flow yielding stocks, as measured by equally weighting the stocks average trailing and forward cash flow yield. Companies with no forward estimates for free cash flow yields or earnings are removed. The investment universe is then filtered to identify dividend paying stocks with three years of uninterrupted dividend growth. Stocks with a payout ratio greater than 75% are eliminated. The top 10% of dividend yielding stocks are selected for the index. This process results in 40-100 stocks being selected and initially equally weighted in the index. Industry exposure is capped at 24%. Index holdings are reconstituted and rebalanced on a quarterly basis.

Grade (RS Rating)

Last Trade

$30.37

Average Daily Volume

6,645

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AHOY	COWS
30 Days	-1.80%	0.75%
60 Days	-0.51%	4.05%
90 Days	1.13%	5.26%
12 Months	21.78%	23.84%

1 Overlapping Holdings

	Symbol	Grade	Weight in AHOY	Weight in COWS	Overlap
	MCK	A	4.48%	1.48%	1.48%

AHOY Overweight 11 Positions Relative to COWS

Symbol	Grade	Weight
J	D	5.22%
WMT	A	5.0%
ECL	D	4.84%
TTEK	F	4.77%
COST	A	4.49%
KR	B	4.32%
ZWS	B	4.26%
BMI	C	4.17%
A	F	3.98%
XYL	D	3.4%
CVS	F	2.45%

AHOY Underweight 52 Positions Relative to COWS

Symbol	Grade	Weight
VST	A	-4.0%
SNA	B	-2.95%
OC	A	-2.76%
G	B	-2.68%
CMCSA	B	-2.56%
MRO	A	-2.49%
CF	A	-2.48%
SLB	C	-2.48%
HAL	C	-2.43%
BC	D	-2.42%
FNF	A	-2.35%
FDX	B	-2.31%
EBAY	D	-2.3%
TPR	B	-2.21%
WSM	D	-2.17%
TKR	F	-2.13%
BMY	A	-2.07%
ALSN	B	-2.03%
PARA	D	-2.02%
SM	C	-2.02%
PVH	C	-1.95%
PTEN	C	-1.93%
VLO	C	-1.89%
NXST	C	-1.86%
SWKS	F	-1.84%
BEN	C	-1.8%
BBWI	C	-1.75%
NOV	D	-1.74%
PR	B	-1.74%
MGY	A	-1.73%
MUR	F	-1.72%
MTDR	C	-1.67%
GAP	D	-1.67%
ASO	F	-1.63%
T	A	-1.6%
DVN	F	-1.48%
VNT	C	-1.46%
OLN	F	-1.45%
TMUS	B	-1.43%
DNB	B	-1.43%
AYI	B	-1.4%
BWA	D	-1.37%
CSCO	B	-1.34%
AEO	F	-1.33%
LEA	F	-1.33%
RL	C	-1.29%
OGN	F	-1.29%
OSK	C	-1.27%
INGR	B	-1.25%
IPG	F	-1.23%
SAIC	F	-1.19%
ENS	D	-1.12%