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

$21.56

Average Daily Volume

59,238

Number of Holdings ^*

112

* 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

$70.98

Average Daily Volume

518,038

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

Performance

Period	CEFS	BLV
30 Days	3.65%	-0.32%
60 Days	6.79%	3.08%
90 Days	6.43%	2.60%
12 Months	26.17%	2.71%

0 Overlapping Holdings

	Symbol	Grade	Weight in CEFS	Weight in BLV	Overlap

CEFS Overweight 112 Positions Relative to BLV

Symbol	Grade	Weight
BIGZ	B	13.45%
EMO	C	13.43%
ADX	A	9.44%
ASA	B	7.99%
CTR	D	6.91%
BCAT	A	6.39%
BFZ	A	5.66%
ASGI	B	4.23%
ENX	A	4.22%
PDX	A	3.83%
NQP	A	3.39%
NXJ	A	3.19%
HQL	A	3.06%
BSTZ	A	2.84%
GDV	A	2.76%
JRI	A	2.75%
HQH	B	2.54%
EVM	B	2.48%
BMEZ	B	2.31%
EDD	A	2.26%
VTN	A	1.95%
AFB	A	1.94%
MHI	A	1.81%
LGI	A	1.73%
TEAF	C	1.68%
NPFD	A	1.47%
GRX	C	1.39%
VPV	B	1.37%
NFJ	B	1.3%
ECF	A	1.23%
KSM	A	1.2%
FMN	B	1.14%
VGM	A	1.11%
NTG	A	1.1%
PGZ	A	1.01%
AOD	A	0.93%
LEO	A	0.92%
MAV	A	0.87%
NBH	B	0.81%
IDE	A	0.76%
IHD	A	0.75%
CEV	A	0.74%
NAD	B	0.74%
DMF	A	0.72%
GAM	A	0.62%
DSM	B	0.59%
CXE	A	0.5%
HYB	B	0.46%
VKQ	A	0.45%
BOE	A	0.44%
VCV	A	0.42%
NZF	A	0.37%
NDP	A	0.35%
DMB	B	0.32%
PCK	A	0.28%
TWN	A	0.25%
CPZ	C	0.25%
VMO	A	0.25%
EOD	A	0.22%
MFD	B	0.21%
IGA	B	0.2%
GNT	A	0.19%
CMU	A	0.18%
FGB	A	0.15%
TTP	B	0.14%
MPA	B	0.13%
RA	B	0.13%
CXH	A	0.11%
ERH	B	0.09%
NML	A	0.08%
AGD	C	0.06%
TYG	A	0.06%
PFO	A	0.05%
VKI	A	0.05%
PMO	B	0.05%
PMM	B	0.04%
SBI	A	0.03%
HEQ	A	0.03%
PNI	B	0.03%
MXE	D	0.02%
MUJ	A	0.02%
MFM	B	0.02%
DIAX	B	0.02%
NAC	A	0.02%
BTT	B	0.01%
NOM	A	0.01%
NEA	A	0.01%
NAZ	A	0.01%
MUC	A	0.01%
FLC	A	0.01%
MYN	A	0.01%
PEO	B	0.01%
KTF	A	0.01%
ETW	A	0.0%
GLQ	A	0.0%
MQT	B	0.0%
IGD	A	0.0%
MUE	A	0.0%
RMT	C	0.0%
NVG	A	0.0%
MIY	A	0.0%
NMT	A	0.0%
BNY	A	0.0%
BHV	B	0.0%
BCV	B	0.0%
VFL	A	0.0%
MVT	A	0.0%
GLO	A	0.0%
BGY	A	0.0%
NAN	A	0.0%
PYN	B	0.0%
MHN	A	0.0%

CEFS Underweight 344 Positions Relative to BLV

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

CEFS: Top Represented Industries & Keywords

Industries: Asset Management Other