CEFS vs. BLV ETF Comparison

Comparison of Exchange Listed Funds Trust ETF (CEFS) to Vanguard Long-Term Bond ETF (BLV)

CEFS

Exchange Listed Funds Trust ETF

CEFS Description

The investment seeks to provide capital appreciation and dividend income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds (the "underlying funds"). The advisor expects to invest in underlying funds operated by a diversified group of closed-end fund managers ("underlying fund managers"). The fund normally invests in underlying funds that primarily pursue high yield opportunities.

Grade (RS Rating)

Last Trade

$22.07

Average Daily Volume

45,554

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

BLV

Vanguard Long-Term Bond ETF

BLV Description

The investment seeks to track the performance of a market-weighted bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$70.05

Average Daily Volume

641,526

Number of Holdings ^*

342

* may have additional holdings in another (foreign) market

Performance

Period	CEFS	BLV
30 Days	-0.13%	-3.13%
60 Days	2.62%	-7.21%
90 Days	5.22%	-4.11%
12 Months	31.12%	8.05%

0 Overlapping Holdings

	Symbol	Grade	Weight in CEFS	Weight in BLV	Overlap

CEFS Overweight 105 Positions Relative to BLV

Symbol	Grade	Weight
BIGZ	A	12.12%
ASA	C	8.22%
BCAT	A	5.82%
ADX	A	5.52%
BFZ	D	5.03%
ASGI	D	4.03%
ENX	C	3.8%
PDX	B	3.35%
NQP	D	3.12%
GDV	A	3.0%
NXJ	C	3.0%
HQL	D	2.89%
EVM	C	2.23%
BSTZ	A	2.22%
BMEZ	C	2.16%
HQH	D	2.13%
GRX	D	1.86%
AFB	C	1.8%
VTN	C	1.76%
MHI	C	1.68%
TEAF	D	1.66%
LGI	C	1.56%
EDD	D	1.35%
VPV	C	1.25%
NFJ	B	1.2%
ECF	B	1.16%
FMN	D	1.1%
KSM	C	1.09%
NTG	A	1.07%
EMO	A	1.04%
LEO	D	1.03%
AOD	D	1.02%
VGM	D	1.0%
PGZ	D	0.85%
JRI	C	0.84%
MAV	C	0.84%
NPFD	C	0.83%
NBH	D	0.76%
DMF	C	0.66%
IHD	D	0.65%
CEV	D	0.64%
GAM	A	0.58%
DSM	D	0.56%
CXE	C	0.47%
HYB	D	0.46%
VKQ	B	0.41%
BOE	C	0.39%
VCV	C	0.39%
IDE	C	0.32%
NDP	A	0.32%
DMB	D	0.3%
PCK	D	0.26%
VMO	C	0.23%
TWN	C	0.22%
PEO	A	0.22%
CPZ	B	0.22%
RA	D	0.21%
EOD	C	0.19%
GNT	D	0.18%
TTP	B	0.15%
FGB	A	0.13%
AGD	D	0.13%
MPA	C	0.11%
CMU	D	0.1%
CXH	D	0.09%
ERH	D	0.09%
MFD	C	0.08%
TYG	A	0.06%
GLO	C	0.05%
NML	A	0.05%
HEQ	D	0.03%
PNI	C	0.03%
IGA	A	0.03%
GLV	C	0.03%
MFM	C	0.02%
MUJ	D	0.02%
DIAX	A	0.02%
KYN	A	0.02%
SBI	C	0.02%
GLQ	C	0.01%
MVT	C	0.01%
GF	F	0.01%
MUC	C	0.01%
BTT	C	0.01%
MYN	D	0.01%
NAC	D	0.01%
MXE	F	0.01%
BCV	B	0.01%
PFO	D	0.01%
ETW	A	0.0%
NAN	C	0.0%
NMT	C	0.0%
MUE	C	0.0%
MIY	C	0.0%
BNY	C	0.0%
BHV	C	0.0%
NOM	C	0.0%
RMT	B	0.0%
VFL	C	0.0%
IIF	D	0.0%
NAZ	B	0.0%
BGY	D	0.0%
SWZ	F	0.0%
MHN	C	0.0%
PYN	D	0.0%

CEFS Underweight 342 Positions Relative to BLV

Symbol	Grade	Weight
WIT	B	-1.44%
MDT	D	-0.05%
COST	B	-0.04%
FITB	A	-0.04%
HPE	B	-0.04%
WY	F	-0.04%
EQH	B	-0.04%
ALLY	C	-0.04%
CARR	C	-0.04%
DD	D	-0.04%
DELL	B	-0.04%
HPQ	B	-0.03%
NUE	C	-0.03%
SCCO	F	-0.03%
TAP	B	-0.03%
CRM	B	-0.03%
HAL	C	-0.03%
BHP	F	-0.03%
AVGO	C	-0.03%
CSCO	A	-0.03%
AMZN	A	-0.03%
PYPL	A	-0.02%
TEL	B	-0.02%
CF	B	-0.02%
AXP	B	-0.02%
CME	A	-0.02%
OHI	C	-0.02%
LEA	F	-0.02%
MDLZ	F	-0.02%
VMC	B	-0.02%
BHF	B	-0.02%
FANG	D	-0.02%
AJG	A	-0.02%
EBAY	C	-0.02%
GPN	B	-0.02%
WU	F	-0.02%
WHR	B	-0.02%
MAR	A	-0.02%
ADI	F	-0.02%
ICE	D	-0.02%
VLO	D	-0.02%
CAG	F	-0.02%
GOOGL	B	-0.02%
GM	A	-0.02%
BIIB	F	-0.02%
BABA	D	-0.02%
FOXA	A	-0.02%
NVDA	B	-0.02%
PSX	D	-0.02%
VTRS	B	-0.02%
GSK	F	-0.02%
AAPL	C	-0.02%
MS	A	-0.02%
AMGN	F	-0.02%
ABBV	D	-0.02%
CPT	C	-0.01%
VTR	C	-0.01%
STLD	B	-0.01%
WPC	F	-0.01%
RPM	A	-0.01%
PECO	A	-0.01%
DOC	C	-0.01%
SCHW	A	-0.01%
BAX	F	-0.01%
AIZ	A	-0.01%
AGO	B	-0.01%
AES	F	-0.01%
CHD	B	-0.01%
ADC	A	-0.01%
AAT	C	-0.01%
BEN	C	-0.01%
CACC	D	-0.01%
HIW	D	-0.01%
JD	C	-0.01%
FRT	C	-0.01%
FNF	C	-0.01%
REG	A	-0.01%
AVA	C	-0.01%
CHI	A	-0.01%
UDR	C	-0.01%
SWX	B	-0.01%
TJX	B	-0.01%
SIGI	B	-0.01%
DT	C	-0.01%
EXR	D	-0.01%
DRI	B	-0.01%
XYL	D	-0.01%
MKC	D	-0.01%
OPI	F	-0.01%
PDM	D	-0.01%
K	A	-0.01%
JNPR	D	-0.01%
IDA	A	-0.01%
DGX	A	-0.01%
MAA	C	-0.01%
LXP	C	-0.01%
KRC	C	-0.01%
KSS	F	-0.01%
WELL	B	-0.01%
WTRG	C	-0.01%
WEST	D	-0.01%
ORI	A	-0.01%
OC	A	-0.01%
NYC	D	-0.01%
NWE	C	-0.01%
MSI	B	-0.01%
KIM	A	-0.01%
HON	B	-0.01%
INGR	B	-0.01%
EQIX	B	-0.01%
EOG	A	-0.01%
FTV	D	-0.01%
DOV	A	-0.01%
CAH	A	-0.01%
ALB	B	-0.01%
BWA	B	-0.01%
AFL	C	-0.01%
AFG	A	-0.01%
CFG	B	-0.01%
APTV	D	-0.01%
CPB	F	-0.01%
COO	D	-0.01%
UAL	B	-0.01%
VOYA	B	-0.01%
VMI	B	-0.01%
STE	F	-0.01%
SNA	A	-0.01%
ROK	B	-0.01%
RF	B	-0.01%
SBRA	C	-0.01%
ZBH	C	-0.01%
NOV	C	-0.01%
NNN	F	-0.01%
NDAQ	A	-0.01%
OGE	B	-0.01%
LHX	A	-0.01%
LH	A	-0.01%
NXPI	F	-0.01%
IVZ	C	-0.01%
HRL	F	-0.01%
HOG	F	-0.01%
JEF	A	-0.01%
HAS	D	-0.01%
L	A	-0.01%
ESS	C	-0.01%
DG	F	-0.01%
FE	D	-0.01%
EE	B	-0.01%
EA	A	-0.01%
FMC	F	-0.01%
CMI	A	-0.01%
AVB	A	-0.01%
CL	F	-0.01%
CINF	A	-0.01%
UNM	A	-0.01%
PKG	B	-0.01%
PFG	C	-0.01%
REGN	F	-0.01%
SPGI	C	-0.01%
EG	D	-0.01%
SYK	A	-0.01%
SWK	F	-0.01%
VRSK	A	-0.01%
STZ	D	-0.01%
PEG	C	-0.01%
AON	A	-0.01%
WEC	B	-0.01%
ATO	A	-0.01%
AEP	D	-0.01%
AEE	A	-0.01%
ADM	F	-0.01%
ACGL	D	-0.01%
ARE	F	-0.01%
CTS	B	-0.01%
DTE	D	-0.01%
EVRG	A	-0.01%
FIS	B	-0.01%
ETN	A	-0.01%
ALL	A	-0.01%
AWK	D	-0.01%
HIG	C	-0.01%
IFF	F	-0.01%
JCI	A	-0.01%
KMB	F	-0.01%
ES	D	-0.01%
EQR	C	-0.01%
EL	F	-0.01%
KDP	D	-0.01%
HUM	D	-0.01%
MLM	B	-0.01%
OTIS	C	-0.01%
NEE	D	-0.01%
LNC	B	-0.01%
OKE	A	-0.01%
LIN	D	-0.01%
OGS	A	-0.01%
O	D	-0.01%
MCO	C	-0.01%
PPL	A	-0.01%
XEL	A	-0.01%
MOS	D	-0.01%
MAS	D	-0.01%
TRV	B	-0.01%
PNW	B	-0.01%
PLD	D	-0.01%
SJM	F	-0.01%
RSG	A	-0.01%
RPRX	F	-0.01%
SHW	A	-0.01%
PG	C	-0.01%
TT	A	-0.01%
CMS	C	-0.01%
BKH	B	-0.01%
APD	B	-0.01%
CCI	F	-0.01%
AMAT	F	-0.01%
CP	F	-0.01%
TGT	C	-0.01%
GD	A	-0.01%
CNP	B	-0.01%
EMN	D	-0.01%
DE	D	-0.01%
IPG	F	-0.01%
IP	C	-0.01%
JBLU	C	-0.01%
GWW	B	-0.01%
NI	A	-0.01%
PAA	D	-0.01%
MKL	A	-0.01%
MRO	B	-0.01%
ITW	A	-0.01%
HSY	D	-0.01%
WRB	B	-0.01%
WM	A	-0.01%
WLK	F	-0.01%
LNT	C	-0.01%
KR	A	-0.01%
EQNR	F	-0.01%
EIX	C	-0.01%
ED	D	-0.01%
ECL	C	-0.01%
D	D	-0.01%
CVX	B	-0.01%
GIS	F	-0.01%
KOF	F	-0.01%
KLAC	F	-0.01%
NKE	F	-0.01%
MMC	C	-0.01%
NEM	F	-0.01%
NSC	B	-0.01%
WBA	D	-0.01%
LRCX	F	-0.01%
LLY	F	-0.01%
MCD	C	-0.01%
ZTS	D	-0.01%
LYB	F	-0.01%
TMO	F	-0.01%
PM	C	-0.01%
PH	A	-0.01%
RJF	A	-0.01%
AMT	F	-0.01%
UPS	C	-0.01%
DVN	F	-0.01%
CSX	B	-0.01%
EXC	C	-0.01%
DOW	F	-0.01%
BSX	A	-0.01%
ETR	B	-0.01%
HES	C	-0.01%
DHR	F	-0.01%
MPC	D	-0.01%
GLW	C	-0.01%
MMM	C	-0.01%
MUFG	A	-0.01%
PEP	D	-0.01%
SBUX	B	-0.01%
SPG	B	-0.01%
SRE	A	-0.01%
PHM	D	-0.01%
PGR	A	-0.01%
MET	C	-0.01%
AIG	B	-0.01%
ET	A	-0.01%
FDX	B	-0.01%
MRK	F	-0.01%
WMB	B	-0.01%
LMT	C	-0.01%
SYY	B	-0.01%
PRU	B	-0.01%
CAT	C	-0.01%
TXN	C	-0.01%
TSN	C	-0.01%
KO	F	-0.01%
EPD	A	-0.01%
MPLX	B	-0.01%
WMT	A	-0.01%
BDX	D	-0.01%
C	A	-0.01%
GILD	C	-0.01%
INTC	C	-0.01%
LOW	B	-0.01%
SO	D	-0.01%
MA	B	-0.01%
UNH	B	-0.01%
CB	C	-0.01%
DUK	D	-0.01%
JNJ	D	-0.01%
HCA	D	-0.01%
KMI	B	-0.01%
ABT	C	-0.01%
DIS	B	-0.01%
MO	A	-0.01%
QCOM	F	-0.01%
UNP	C	-0.01%
CI	D	-0.01%
COP	C	-0.01%
NOC	C	-0.01%
IBM	C	-0.01%
RTX	C	-0.01%
V	A	-0.01%
AZN	F	-0.01%
XOM	B	-0.01%
VOD	F	-0.01%
BMY	B	-0.01%
JPM	B	-0.01%
TMUS	A	-0.01%
HSBC	C	-0.01%
HD	B	-0.01%
ORCL	A	-0.01%
PCG	A	-0.01%
CMCSA	B	-0.01%
CHTR	B	-0.01%
PFE	F	-0.01%
VZ	C	-0.01%
WFC	A	-0.01%
BAC	A	-0.01%
BA	F	-0.01%
MSFT	C	-0.01%
T	A	-0.01%
GS	B	-0.01%
CVS	F	-0.01%
GE	C	-0.01%

CEFS: Top Represented Industries & Keywords

Industries: Asset Management Other