AUSF vs. SCLZ ETF Comparison

Comparison of Global X Adaptive U.S. Factor ETF (AUSF) to Swan Enhanced Dividend Income ETF (SCLZ)

AUSF

Global X Adaptive U.S. Factor ETF

AUSF Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.62

Average Daily Volume

36,554

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

SCLZ

Swan Enhanced Dividend Income ETF

SCLZ Description

SCLZ aims to maximize income through a portfolio of US dividend-paying companies combined with a covered call writing strategy. This strategy provides a potential buffer against market volatility, although the reduction is limited to the amount of option premium received. Based on the large- and mid-cap stocks of the OShares Focused Quality Dividend Index, the fund selects 50 names based on a composite score for quality and growth characteristics. The composite score considers quality factors, dividend growth, dividend coverage, and dividend yield. Note some stocks with superior dividend payouts and higher capital appreciation potential may be excluded if option premium potential is too low. Quarterly, constituents are re-ranked based on historic dividend yield and potential capital appreciation, with holdings sold when they are no longer listed. Risk management involves establishing pre-defined exit points for each option to reduce downside exposure while maximizing income.

Grade (RS Rating)

Last Trade

$54.45

Average Daily Volume

1,700

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AUSF	SCLZ
30 Days	4.22%	0.58%
60 Days	5.67%	1.63%
90 Days	7.18%	2.59%
12 Months	33.52%

23 Overlapping Holdings

Symbol	Grade	Weight in AUSF	Weight in SCLZ	Overlap
AAPL	C	0.1%	4.96%	0.1%
ADP	B	1.43%	1.53%	1.43%
CBOE	B	0.94%	1.16%	0.94%
CSCO	B	1.41%	1.93%	1.41%
GD	F	1.33%	1.32%	1.32%
HON	B	0.07%	1.65%	0.07%
JNJ	D	1.34%	2.25%	1.34%
KO	D	1.03%	1.89%	1.03%
LMT	D	1.4%	1.44%	1.4%
MA	C	0.08%	2.49%	0.08%
MCD	D	0.7%	1.75%	0.7%
MDLZ	F	0.07%	1.28%	0.07%
MMC	B	1.42%	1.43%	1.42%
MO	A	0.65%	1.49%	0.65%
MRK	F	1.0%	1.83%	1.0%
PCAR	B	0.52%	1.42%	0.52%
PEP	F	0.66%	1.68%	0.66%
PG	A	0.83%	2.43%	0.83%
SNA	A	0.1%	1.38%	0.1%
TJX	A	0.08%	1.59%	0.08%
UNH	C	0.08%	2.86%	0.08%
V	A	1.51%	2.85%	1.51%
YUM	B	0.26%	1.2%	0.26%

AUSF Overweight 167 Positions Relative to SCLZ

Symbol	Grade	Weight
T	A	1.9%
VZ	C	1.83%
TMUS	B	1.59%
RSG	A	1.56%
WMT	A	1.56%
BSX	B	1.54%
COR	B	1.51%
BRK.A	B	1.5%
EA	A	1.43%
ICE	C	1.41%
RTX	C	1.4%
CME	A	1.39%
WM	A	1.38%
IBM	C	1.37%
JNPR	F	1.36%
LIN	D	1.35%
EDR	A	1.32%
ACI	C	1.29%
DOX	D	1.25%
BR	A	0.84%
DTM	B	0.7%
KMI	A	0.66%
UNM	A	0.65%
TPR	B	0.63%
MARA	C	0.62%
IP	B	0.59%
OKE	A	0.58%
SYF	B	0.58%
FHN	A	0.57%
WBS	A	0.57%
UMBF	B	0.56%
ZION	B	0.56%
FNB	A	0.56%
VTRS	A	0.56%
CMA	A	0.55%
WHR	B	0.55%
ONB	B	0.55%
ABG	B	0.55%
RF	A	0.55%
AL	B	0.55%
CFG	B	0.55%
PB	A	0.55%
COLB	A	0.55%
UBSI	B	0.55%
HBAN	A	0.55%
LAD	A	0.55%
LBRDK	C	0.54%
OZK	B	0.54%
INTC	D	0.54%
HPE	B	0.54%
CADE	B	0.54%
PVH	C	0.53%
TAP	C	0.53%
BEN	C	0.53%
C	A	0.53%
GM	B	0.52%
ALLY	C	0.52%
LNC	B	0.52%
HPQ	B	0.52%
AM	A	0.52%
NOV	C	0.52%
BCC	B	0.51%
CIVI	D	0.51%
SLG	B	0.51%
CNH	C	0.51%
CMCSA	B	0.51%
CNC	D	0.5%
CHRD	D	0.5%
CHE	D	0.5%
JXN	C	0.5%
DINO	D	0.49%
NXST	C	0.49%
BG	F	0.49%
AGNC	D	0.49%
STWD	C	0.49%
QGEN	D	0.49%
CVS	D	0.49%
HST	C	0.49%
MOS	F	0.48%
SNX	C	0.48%
X	C	0.48%
CRBG	B	0.48%
BWA	D	0.48%
UGI	A	0.48%
VICI	C	0.48%
RDN	C	0.48%
AVT	C	0.48%
KRC	C	0.47%
EMN	D	0.47%
SON	D	0.47%
HOG	D	0.47%
SOLV	C	0.47%
ADM	D	0.47%
TDG	D	0.47%
M	D	0.47%
RPRX	D	0.47%
GAP	C	0.47%
RNR	C	0.47%
WU	D	0.46%
BBY	D	0.46%
LYB	F	0.46%
MDT	D	0.45%
CAG	D	0.45%
FMC	D	0.45%
LEA	D	0.44%
PFE	D	0.43%
KHC	F	0.43%
SWKS	F	0.43%
ARW	D	0.43%
WBA	F	0.43%
DOW	F	0.42%
HII	D	0.42%
OGN	D	0.42%
CE	F	0.29%
CACI	D	0.18%
PGR	A	0.18%
TW	A	0.14%
ABBV	D	0.14%
GRMN	B	0.13%
TRV	B	0.12%
KR	B	0.12%
COST	B	0.12%
SO	D	0.12%
CHD	B	0.12%
VRSK	A	0.1%
DUK	C	0.1%
ORI	A	0.1%
GDDY	A	0.1%
WMB	A	0.1%
LDOS	C	0.1%
AFL	B	0.1%
ATR	B	0.09%
PNW	B	0.09%
MCK	B	0.09%
AME	A	0.09%
MSI	B	0.09%
CVX	A	0.09%
PKG	A	0.09%
WRB	A	0.09%
INGR	B	0.08%
CI	F	0.08%
CAH	B	0.08%
FI	A	0.08%
HOLX	D	0.08%
BDX	F	0.08%
HIG	B	0.08%
CB	C	0.08%
XOM	B	0.08%
NOC	D	0.08%
ED	D	0.08%
VRSN	F	0.08%
FE	C	0.07%
VRTX	F	0.07%
CTLT	B	0.07%
KMB	D	0.07%
K	A	0.07%
ECL	D	0.07%
AJG	B	0.07%
AMGN	D	0.07%
ATO	A	0.07%
DGX	A	0.07%
ROP	B	0.07%
CL	D	0.07%
WELL	A	0.07%
L	A	0.07%
AKAM	D	0.06%
REGN	F	0.05%

AUSF Underweight 26 Positions Relative to SCLZ

Symbol	Grade	Weight
GOOGL	C	-5.41%
MSFT	F	-4.84%
AVGO	D	-3.47%
JPM	A	-3.37%
LLY	F	-2.99%
HD	A	-2.48%
ORCL	B	-2.18%
INTU	C	-1.81%
PM	B	-1.8%
CAT	B	-1.76%
TXN	C	-1.76%
ABT	B	-1.75%
ACN	C	-1.71%
QCOM	F	-1.68%
SBUX	A	-1.48%
DE	A	-1.48%
APH	A	-1.47%
ITW	B	-1.43%
AON	A	-1.42%
CTAS	B	-1.37%
ZTS	D	-1.32%
PAYX	C	-1.27%
OTIS	C	-1.27%
MSCI	C	-1.26%
CTSH	B	-1.23%
HSY	F	-1.09%