CUT vs. CEFS ETF Comparison

Comparison of Invesco MSCI Global Timber ETF (CUT) to Exchange Listed Funds Trust ETF (CEFS)
CUT

Invesco MSCI Global Timber ETF

CUT Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Global Timber Index. The fund will invest at least 90% of its total assets in common stock, American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the index and depositary receipts representing common stocks included in the index (or underlying securities representing the ADRs and GDRs included in the index). It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.65

Average Daily Volume

1,646

Number of Holdings *

19

* may have additional holdings in another (foreign) market
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

$21.72

Average Daily Volume

58,889

Number of Holdings *

112

* may have additional holdings in another (foreign) market
Performance
Period CUT CEFS
30 Days -4.40% 4.42%
60 Days -1.59% 8.33%
90 Days -2.91% 8.02%
12 Months 12.67% 25.95%
0 Overlapping Holdings
Symbol Grade Weight in CUT Weight in CEFS Overlap
CUT Overweight 19 Positions Relative to CEFS
Symbol Grade Weight
IP C 5.84%
PKG C 5.41%
AVY D 5.15%
AMCR D 5.12%
WRK D 5.01%
WY F 4.71%
GPK D 3.86%
LPX D 2.52%
SEE D 2.39%
SON F 2.35%
WFG D 2.01%
RYN F 1.91%
PCH F 1.41%
SLVM C 1.13%
PIN A 1.08%
CLW D 0.4%
PTVE D 0.25%
MERC F 0.18%
PACK D 0.13%
CUT Underweight 112 Positions Relative to CEFS
Symbol Grade Weight
BIGZ C -13.45%
EMO C -13.43%
ADX A -9.44%
ASA C -7.99%
CTR C -6.91%
BCAT A -6.39%
BFZ B -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 A -2.54%
EVM A -2.48%
BMEZ B -2.31%
EDD A -2.26%
VTN B -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 A -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 A -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 A -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 A -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 A -0.06%
TYG A -0.06%
PFO A -0.05%
VKI A -0.05%
PMO B -0.05%
PMM A -0.04%
SBI A -0.03%
HEQ A -0.03%
PNI A -0.03%
MXE D -0.02%
MUJ A -0.02%
MFM A -0.02%
DIAX B -0.02%
NAC A -0.02%
BTT B -0.01%
NOM A -0.01%
NEA B -0.01%
NAZ A -0.01%
MUC B -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 A -0.0%
IGD A -0.0%
MUE A -0.0%
RMT C -0.0%
NVG B -0.0%
MIY A -0.0%
NMT A -0.0%
BNY A -0.0%
BHV B -0.0%
BCV B -0.0%
VFL B -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%
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