FXED vs. PFLD ETF Comparison

Comparison of Sound Enhanced Fixed Income ETF (FXED) to AAM Low Duration Preferred and Income Securities ETF (PFLD)

FXED

Sound Enhanced Fixed Income ETF

FXED Description

Under normal market conditions, the fund will invest at least 80% of its net assets in fixed income securities. The fund's investments in fixed income securities will typically include U.S. corporate bonds, preferred stock and ETFs that invest in bonds, sovereign debt, and private placement debt securities. It may also invest in fixed income securities issued by U.S. and foreign corporations, securities issued by governments and their agencies, instrumentalities, or sponsored corporations, including supranational organizations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$18.88

Average Daily Volume

7,584

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFLD

AAM Low Duration Preferred and Income Securities ETF

PFLD Description

The investment seeks to track the total return performance, before fees and expenses, of the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index. The index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on the New York Stock Exchange (NYSE) or NASDAQ Capital Market (NASDAQ) with an option-adjusted duration of less than 5 years. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Grade (RS Rating)

Last Trade

$20.97

Average Daily Volume

132,186

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXED	PFLD
30 Days	-2.55%	-0.75%
60 Days	-1.99%	-1.31%
90 Days	1.32%	1.48%
12 Months	11.91%	8.39%

1 Overlapping Holdings

	Symbol	Grade	Weight in FXED	Weight in PFLD	Overlap
	CMSD	C	2.29%	0.98%	0.98%

FXED Overweight 23 Positions Relative to PFLD

Symbol	Grade	Weight
HTGC	D	3.47%
ARCC	A	3.35%
GBDC	A	2.87%
AWF	D	2.86%
PFLT	C	2.77%
TSLX	C	2.54%
SPG	A	2.19%
SOJD	D	2.09%
PCY	D	2.07%
HYEM	A	1.98%
T	A	1.95%
VICI	C	1.41%
WHF	F	1.25%
OHI	C	1.12%
PLYM	F	1.12%
O	D	1.11%
BXSL	A	1.06%
PINE	D	1.0%
NNN	C	0.69%
NHI	D	0.55%
PK	D	0.55%
APLE	B	0.41%
GLPI	C	0.33%

FXED Underweight 40 Positions Relative to PFLD

Symbol	Grade	Weight
TBB	C	-1.97%
TBC	C	-1.27%
SREA	C	-1.17%
AGNC	C	-0.89%
PRS	C	-0.87%
CHSCL	B	-0.84%
DUKB	C	-0.78%
QRTEP	C	-0.78%
CHSCM	C	-0.78%
FITBI	A	-0.71%
BAC	A	-0.69%
SOJC	C	-0.68%
CHSCN	D	-0.67%
RZB	C	-0.62%
AQNB	C	-0.55%
ESGRP	D	-0.53%
AGNCN	A	-0.52%
UNMA	C	-0.47%
WTFCP	A	-0.45%
MGR	D	-0.45%
CMSC	C	-0.43%
NRUC	D	-0.38%
DDT	A	-0.32%
CMSA	C	-0.31%
FCNCO	D	-0.3%
SLMBP	D	-0.29%
TVE	C	-0.29%
NYMTM	A	-0.28%
AFGD	A	-0.23%
ZIONO	C	-0.23%
NYMTN	C	-0.21%
NYMTL	A	-0.2%
AFGB	C	-0.19%
WTFCM	A	-0.19%
VLYPP	A	-0.18%
ENO	D	-0.17%
BPOPM	C	-0.16%
VLYPO	A	-0.15%
RILYN	F	-0.14%
FATBP	F	-0.11%