CEFS vs. HYIN ETF Comparison

Comparison of Exchange Listed Funds Trust ETF (CEFS) to WisdomTree Alternative Income Fund (HYIN)

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

$22.16

Average Daily Volume

47,568

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

HYIN

WisdomTree Alternative Income Fund

HYIN Description

The investment seeks to track the price and yield performance, before fees and expenses, of the Gapstow Liquid Alternative Credit Index (the ?Index?). Under normal circumstances, at least 80% of the fund?s total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is comprised of registered closed-end investment companies and real estate investment trusts that are listed and publicly traded on a major U.S. stock exchange. It is non-diversified.

Grade (RS Rating)

Last Trade

$18.51

Average Daily Volume

25,597

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CEFS	HYIN
30 Days	-0.04%	-0.29%
60 Days	1.46%	-3.28%
90 Days	3.95%	-1.97%
12 Months	29.19%	7.54%

0 Overlapping Holdings

	Symbol	Grade	Weight in CEFS	Weight in HYIN	Overlap

CEFS Overweight 105 Positions Relative to HYIN

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

CEFS Underweight 27 Positions Relative to HYIN

Symbol	Grade	Weight
FSK	A	-3.17%
MAIN	A	-3.11%
OXLC	B	-3.08%
ARCC	A	-3.08%
GBDC	D	-3.04%
JFR	A	-3.03%
BXSL	A	-3.02%
GOF	A	-3.01%
JQC	A	-3.01%
PTY	A	-3.0%
ABR	C	-2.99%
HYT	A	-2.94%
PDI	D	-2.91%
HTGC	D	-2.9%
LADR	B	-2.87%
ECC	D	-2.86%
EVV	D	-2.86%
AOMR	F	-2.86%
ARI	C	-2.81%
VVR	D	-2.81%
EFC	C	-2.77%
STWD	C	-2.76%
AGNC	C	-2.73%
BXMT	C	-2.7%
RWT	D	-2.7%
RC	D	-2.65%
CMTG	F	-2.62%

CEFS: Top Represented Industries & Keywords

Industries: Asset Management Other