EQUL vs. MVFD ETF Comparison

Comparison of IQ Engender Equality ETF (EQUL) to Monarch Volume Factor Dividend Tree Index ETF (MVFD)

EQUL

IQ Engender Equality ETF

EQUL Description

The EQUL IQ Engender Equality ETF tracks the Solactive Equileap U.S. Gender Equality Index, which is designed to deliver exposure to global companies that promote gender equality and are committed to women’s empowerment through equal compensation and gender balance in leadership and the workforce.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

192

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MVFD

Monarch Volume Factor Dividend Tree Index ETF

MVFD Description

MVFD focuses on equities demonstrating strong cash flow and dividend potential, shifting towards fixed income ETFs linked to US Treasurys in unfavorable cash flow scenarios. The fund seeks to mirror the performance of its target index, comprised of 40 equally weighted stocks selected for their financial health and income-producing ability, alongside up to 5 fixed income ETFs. Driving its selection process is the proprietary Volume Factor methodology, which examines stocks by analyzing the dynamics between market volume and price. This analysis is facilitated by a distinctive volume-price confirmation indicator. Evaluating a broad pool of 3,000 U.S. stocks, the methodology generates a composite score to rank and ensure that only the top-performing equities under positive financial conditions are chosen. MVFDs strategy aims for adaptability, modifying its equity-to-fixed income ratio based on prevailing financial trends. Furthermore, the index undergoes quarterly reconstitution to realign with market changes, optimizing the funds portfolio composition accordingly.

Grade (RS Rating)

Last Trade

$27.37

Average Daily Volume

5,317

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQUL	MVFD
30 Days	0.02%	3.10%
60 Days	3.51%	7.14%
90 Days	7.03%	8.21%
12 Months	30.05%

2 Overlapping Holdings

	Symbol	Grade	Weight in EQUL	Weight in MVFD	Overlap
	CL	F	1.18%	2.01%	1.18%
	NYT	C	1.29%	2.73%	1.29%

EQUL Overweight 72 Positions Relative to MVFD

Symbol	Grade	Weight
AA	C	1.64%
DASH	A	1.61%
ILMN	C	1.58%
WFC	A	1.57%
CMI	A	1.56%
LYFT	B	1.56%
VFC	C	1.55%
CRM	B	1.53%
GM	B	1.51%
MAR	A	1.48%
ALB	C	1.48%
BMY	B	1.48%
PYPL	A	1.47%
GS	B	1.44%
C	B	1.44%
ADSK	B	1.44%
HLT	A	1.43%
GLOB	B	1.43%
META	B	1.42%
JPM	A	1.41%
WBA	D	1.41%
PARA	B	1.41%
BAC	A	1.41%
WELL	B	1.38%
UBER	F	1.37%
KEYS	C	1.37%
VRSK	A	1.37%
SCI	B	1.37%
AFRM	B	1.36%
BSX	A	1.35%
MA	B	1.34%
MET	C	1.33%
K	A	1.32%
Z	B	1.32%
YUM	B	1.32%
MCD	C	1.32%
NBIX	C	1.31%
VTR	C	1.31%
ECL	C	1.29%
ETSY	D	1.29%
CLX	A	1.29%
ACN	B	1.29%
F	C	1.29%
HAS	D	1.27%
SJM	F	1.27%
INTU	A	1.27%
AMGN	F	1.26%
IPG	F	1.26%
MCO	C	1.26%
IFF	F	1.26%
BMRN	F	1.25%
DOW	F	1.25%
JNJ	D	1.25%
PEP	D	1.25%
KMB	D	1.24%
CRL	C	1.23%
SPGI	C	1.23%
HALO	C	1.23%
PG	C	1.23%
MDLZ	F	1.21%
GIS	F	1.21%
VZ	D	1.21%
XYL	F	1.21%
KO	F	1.2%
HSY	F	1.19%
BIIB	F	1.17%
WEX	D	1.15%
MRK	F	1.14%
NEM	F	1.14%
CNC	F	1.12%
COTY	D	1.07%
OGN	F	1.04%

EQUL Underweight 37 Positions Relative to MVFD

Symbol	Grade	Weight
TGNA	B	-3.73%
MO	A	-3.49%
FOX	A	-3.41%
FOXA	A	-3.25%
HLNE	B	-3.21%
MATX	B	-2.96%
VOYA	B	-2.95%
ABM	B	-2.91%
ADTN	B	-2.88%
JHG	A	-2.86%
BKH	A	-2.86%
QCOM	F	-2.8%
MLI	B	-2.75%
MEI	F	-2.56%
EXPD	C	-2.42%
RHI	B	-2.39%
SR	C	-2.39%
SEM	C	-2.39%
GILD	B	-2.37%
WKC	C	-2.35%
CCK	D	-2.28%
AMKR	F	-2.23%
EXPI	C	-2.21%
LPX	A	-2.18%
PM	B	-2.18%
CHRD	D	-2.17%
NTAP	D	-2.16%
ALLY	C	-2.14%
AFL	C	-2.14%
SSNC	C	-2.11%
WD	D	-2.1%
NRG	C	-2.07%
TTC	F	-2.0%
CME	B	-1.99%
KBH	D	-1.91%
BCO	F	-1.84%
ADM	F	-1.82%