ESGX vs. XLC ETF Comparison

Comparison of Tuttle Capital Shareholders First Index ETF (ESGX) to The Communication Services Select Sector SPDR Fund (XLC)

ESGX

Tuttle Capital Shareholders First Index ETF

ESGX Description

ESGX invests in US-listed companies determined to have high shareholder value, unencumbered by ESG restrictions, such as political stances or conforming to a greater social goal of stakeholder capitalism. Using a proprietary methodology, the fund assigns stocks with shareholder value creation and financial metric scores. The shareholder value creation score considers information on corporate donations, advocacy, activities, and policies gathered from different data sources. The financial metrics score separately calculates a securitys one-year and five-year price performance, closing price, cash, revenue, debt-to-equity ratio, average dividend yield, profit margin, and market capitalization. Companies are ranked according to the highest shareholder value creation and financial metric scores. The fund selects and weights 50 companies from the resulting sets of filtered companies. The index is rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$25.31

Average Daily Volume

103

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XLC

The Communication Services Select Sector SPDR Fund

XLC Description

The investment seeks to correspond generally to the price and yield performance of publicly traded equity securities of companies in the Communication Services Select Sector Index. Normally, the fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Communication Services companies by the GICS®, including securities of companies from the following industries: diversified telecommunication services; wireless telecommunication services; media; entertainment; and interactive media & services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$96.72

Average Daily Volume

3,544,035

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ESGX	XLC
30 Days	-3.29%	6.02%
60 Days	-0.71%	9.13%
90 Days		10.81%
12 Months		37.98%

1 Overlapping Holdings

	Symbol	Grade	Weight in ESGX	Weight in XLC	Overlap
	NWS	B	2.33%	0.57%	0.57%

ESGX Overweight 48 Positions Relative to XLC

Symbol	Grade	Weight
GTLS	A	2.58%
WST	D	2.51%
TYL	B	2.4%
VTRS	A	2.37%
SEIC	B	2.33%
RLI	A	2.33%
VNO	C	2.3%
GEF	B	2.27%
TPX	B	2.26%
JBHT	C	2.24%
EVRG	A	2.21%
PNR	B	2.19%
SLGN	A	2.17%
VRSN	F	2.16%
SYY	D	2.14%
IBOC	B	2.11%
EHC	B	2.1%
FFIV	B	2.08%
KIM	A	2.07%
SYNA	D	2.06%
PNW	B	2.06%
TDY	B	2.05%
DCI	B	2.04%
DXCM	C	2.02%
ROL	B	2.02%
MANH	D	1.97%
RVTY	D	1.95%
KEYS	C	1.92%
FRT	B	1.91%
LKQ	F	1.88%
HST	D	1.88%
MAA	A	1.85%
STE	D	1.82%
POOL	D	1.82%
CNP	A	1.81%
SWKS	F	1.81%
O	C	1.75%
GPC	F	1.74%
POST	D	1.73%
WEX	F	1.7%
MCHP	F	1.69%
KNSL	B	1.67%
EGP	D	1.67%
BCO	F	1.54%
LNTH	F	1.52%
HII	F	1.45%
QRVO	F	1.19%
ENPH	F	1.09%

ESGX Underweight 21 Positions Relative to XLC

Symbol	Grade	Weight
META	C	-19.34%
GOOGL	B	-10.97%
GOOG	B	-9.07%
NFLX	A	-6.49%
TMUS	B	-4.74%
TTWO	A	-4.67%
CHTR	B	-4.63%
DIS	B	-4.49%
EA	A	-4.49%
CMCSA	B	-4.48%
T	A	-4.12%
VZ	C	-3.66%
WBD	B	-3.26%
LYV	A	-3.22%
OMC	C	-3.22%
NWSA	B	-1.76%
IPG	F	-1.74%
FOXA	B	-1.67%
MTCH	F	-1.26%
PARA	D	-1.08%
FOX	A	-0.91%