BUYW vs. HDRO ETF Comparison

Comparison of Main BuyWrite ETF (BUYW) to Defiance Next Gen H2 ETF (HDRO)

BUYW

Main BuyWrite ETF

BUYW Description

The fund invests in domestic and international exchange-traded funds (ETFs) to provide investors with sustained exposure to domestic and foreign equity markets over time. The fund also uses the Adviser"s "BuyWrite" strategy, an investment strategy of writing (selling) call options on a security owned by the fund to generate additional returns from the option premium. The fund also seeks returns by writing (selling) secured put options.

Grade (RS Rating)

Last Trade

$13.92

Average Daily Volume

150,460

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

HDRO

Defiance Next Gen H2 ETF

HDRO Description

ETF Series Solutions - Defiance Next Gen H2 ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Defiance ETFs, LLC and Penserra Capital Management, LLC. It invests in the public equity markets of global region. The fund invests in stocks of companies operating across materials, chemicals, industrial gases, utilities, alternative energy resources, fuel cells, independent power and renewable electricity producers, renewable electricity, development of hydrogen-based energy source sectors. It invests in growth and value stocks of companies operating across diversified market capitalization. The fund seeks to track the performance of the BlueStar Global Hydrogen & NextGen Fuel Cell Index, by using full replication technique. ETF Series Solutions - Defiance Next Gen H2 ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$4.69

Average Daily Volume

24,605

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	BUYW	HDRO
30 Days	1.01%	0.64%
60 Days	2.40%	-2.49%
90 Days	2.47%	-7.68%
12 Months	11.23%	-24.15%

0 Overlapping Holdings

	Symbol	Grade	Weight in BUYW	Weight in HDRO	Overlap

BUYW Overweight 6 Positions Relative to HDRO

	Symbol	Grade	Weight
	SPY	B	57.57%
	SMH	C	14.31%
	QQQM	C	12.16%
	XLC	A	12.12%
	XLU	A	11.77%
	TLT	C	9.95%

BUYW Underweight 5 Positions Relative to HDRO

	Symbol	Grade	Weight
	PLUG	D	-8.66%
	BE	F	-8.29%
	FCEL	F	-7.39%
	APD	C	-4.12%
	LIN	B	-3.97%

BUYW: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Depositary Receipt Electric Utilities Gas Utilities Global Industry Classification Standard Government Bonds Interactive Media Investment Management Multi Utilities Nasdaq 100 Index Power Producer S&P 500 Index CBOE Semiconductor Stock Market Index Telecommunication Services U.S. Government

HDRO: Top Represented Industries & Keywords

Industries: Utilities - Independent Power Producers Chemicals Electronic Components Specialty Chemicals

Keywords: Hydrogen Fuel Cell Air Separation Alternative Energy Argon Biogas Carbon Monoxide Chemical Chemical Process Dry Ice Electricity Food Processing Fuel Cell Systems Helium Hydrogen Economy Hydrogen Technologies Industrial Gases Methane Natural Gas Oxygen