DIVP vs. XLV ETF Comparison

Comparison of Cullen Enhanced Equity Income ETF (DIVP) to SPDR Select Sector Fund - Health Care (XLV)

DIVP

Cullen Enhanced Equity Income ETF

DIVP Description

DIVP invests in large- and mid-cap value stocks that generally have higher dividend yield than the average of the funds US benchmark. The fund identifies value stocks that have low price-to-earnings ratio with above-average earnings and dividend growth potential. Companies are screened using fundamental research. The fund may invest up to 30% in non-US companies in the form of ADRs. While the portfolio is not rebalanced systematically, weighting is roughly equal to avoid overweighting of individual securities. To generate additional income, the fund selectively writes covered call options with a target range of between 25-40%. However, the covered call overlay limits participation in potential gains if shares increase in value. The adviser may sell stocks that are no longer viewed as attractive based on growth potential, dividend yield, or price. As an actively managed ETF, the fund manager has full discretion to make buy, hold, or sell decisions at any time.

Grade (RS Rating)

Last Trade

$26.66

Average Daily Volume

1,531

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XLV

SPDR Select Sector Fund - Health Care

XLV Description

The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Health Care Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: pharmaceuticals; health care equipment & supplies; health care providers & services; biotechnology; life sciences tools & services; and health care technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$142.20

Average Daily Volume

6,725,023

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DIVP	XLV
30 Days	-1.30%	-7.78%
60 Days	0.67%	-8.72%
90 Days	3.54%	-8.37%
12 Months		11.17%

4 Overlapping Holdings

Symbol	Grade	Weight in DIVP	Weight in XLV	Overlap
BAX	F	2.67%	0.31%	0.31%
BMY	A	4.1%	2.2%	2.2%
MDT	D	3.88%	2.1%	2.1%
MRK	F	3.12%	4.64%	3.12%

DIVP Overweight 28 Positions Relative to XLV

Symbol	Grade	Weight
CSCO	B	4.46%
EOG	A	4.39%
VICI	C	3.83%
DUK	C	3.6%
PPL	A	3.6%
CVX	A	3.51%
PM	A	3.47%
C	B	3.35%
TFC	A	3.34%
BAC	A	3.33%
KVUE	A	3.28%
CAG	F	3.25%
VZ	C	3.24%
CMCSA	B	3.23%
XOM	B	3.22%
SYY	D	2.92%
RTX	D	2.89%
DOC	D	2.86%
MO	A	2.73%
IBM	C	2.62%
JCI	B	2.55%
JPM	A	2.41%
TRV	A	2.21%
DOW	F	2.1%
GD	D	2.03%
RIO	D	1.81%
GPC	F	1.81%
UPS	C	1.75%

DIVP Underweight 57 Positions Relative to XLV

Symbol	Grade	Weight
LLY	F	-11.9%
UNH	C	-10.4%
JNJ	D	-6.86%
ABBV	F	-5.59%
TMO	F	-3.85%
ABT	A	-3.74%
ISRG	A	-3.54%
AMGN	D	-3.01%
DHR	D	-2.89%
PFE	F	-2.81%
SYK	A	-2.47%
BSX	A	-2.43%
VRTX	D	-2.37%
GILD	C	-2.14%
ELV	F	-1.77%
CI	D	-1.72%
REGN	F	-1.59%
MCK	A	-1.51%
ZTS	D	-1.49%
CVS	F	-1.27%
BDX	F	-1.24%
HCA	F	-1.21%
COR	B	-0.81%
EW	C	-0.74%
A	F	-0.73%
GEHC	D	-0.71%
IQV	F	-0.68%
IDXX	F	-0.66%
HUM	D	-0.65%
RMD	C	-0.64%
CNC	F	-0.57%
CAH	B	-0.57%
DXCM	C	-0.54%
MTD	F	-0.5%
WST	D	-0.46%
BIIB	F	-0.45%
WAT	C	-0.43%
ZBH	C	-0.42%
STE	D	-0.41%
LH	B	-0.38%
PODD	B	-0.35%
MOH	F	-0.34%
HOLX	D	-0.34%
DGX	A	-0.33%
VTRS	A	-0.29%
ALGN	D	-0.28%
RVTY	D	-0.27%
MRNA	F	-0.26%
INCY	C	-0.24%
TECH	F	-0.22%
UHS	D	-0.22%
CRL	D	-0.2%
CTLT	D	-0.2%
SOLV	F	-0.18%
TFX	F	-0.17%
HSIC	C	-0.16%
DVA	C	-0.13%