HFXI vs. CIZ ETF Comparison

Comparison of IQ 50 Percent Hedged FTSE International ETF (HFXI) to VictoryShares Developed Enhanced Volatility Wtd ETF (CIZ)

HFXI

IQ 50 Percent Hedged FTSE International ETF

HFXI Description

The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the FTSE Developed ex North America 50% Hedged to USD Index (the "underlying index"). The underlying index is an equity benchmark of international stocks from developed markets, with approximately half of the currency exposure of the securities included in the underlying index "hedged" against the U.S. dollar on a monthly basis. The fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities and other instruments included in its underlying index.

Grade (RS Rating)

Last Trade

$27.46

Average Daily Volume

144,298

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CIZ

VictoryShares Developed Enhanced Volatility Wtd ETF

CIZ Description

The investment seeks to track the performance of the Nasdaq Victory International 500 Long/Cash Volatility Weighted Index before fees and expenses. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets directly or indirectly in the securities included in the Nasdaq Victory International 500 Long/Cash Volatility Weighted Index, an unmanaged, volatility weighted index maintained exclusively by the index provider. The index identifies the 500 largest foreign companies by market capitalization measured at the time the index's constituent securities are determined.

Grade (RS Rating)

Last Trade

$32.74

Average Daily Volume

5,335

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HFXI	CIZ
30 Days	-0.63%	1.50%
60 Days	-0.07%	3.44%
90 Days	1.10%	5.74%
12 Months	15.77%	10.15%

18 Overlapping Holdings

Symbol	Grade	Weight in HFXI	Weight in CIZ	Overlap
ABBV	C	0.46%	0.26%	0.26%
BCS	B	0.24%	0.2%	0.2%
DEO	C	0.36%	0.17%	0.17%
E	C	0.21%	0.24%	0.21%
HMC	D	0.28%	0.13%	0.13%
KB	D	0.13%	0.16%	0.13%
LOGI	D	0.08%	0.12%	0.08%
LYG	B	0.26%	0.25%	0.25%
MFG	D	0.31%	0.17%	0.17%
MUFG	D	0.67%	0.15%	0.15%
NMR	F	0.11%	0.15%	0.11%
NVS	C	1.16%	0.3%	0.3%
SHG	C	0.14%	0.19%	0.14%
SMFG	D	0.49%	0.19%	0.19%
SONY	D	0.56%	0.17%	0.17%
SW	B	0.13%	0.15%	0.13%
TM	F	1.21%	0.11%	0.11%
UL	C	0.78%	0.4%	0.4%

HFXI Overweight 10 Positions Relative to CIZ

Symbol	Grade	Weight
STLA	F	0.18%
FLUT	B	0.18%
XRX	F	0.08%
AGCO	D	0.05%
QGEN	B	0.05%
AEI	D	0.04%
KEP	C	0.03%
MBAVU	C	0.02%
ELBM	C	0.01%
LPL	F	0.0%

HFXI Underweight 6 Positions Relative to CIZ

Symbol	Grade	Weight
TD	A	-0.26%
WCN	D	-0.26%
CNI	D	-0.25%
GOLD	B	-0.22%
RBA	C	-0.16%
OTEX	D	-0.14%

HFXI: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Banks - Regional - Asia Consumer Electronics Drug Manufacturers - Major Banks - Regional - Europe Beverages - Wineries & Distilleries Capital Markets Computer Systems Diagnostics & Research Farm & Construction Equipment Gambling Household & Personal Products Information Technology Services Oil & Gas Integrated Other Industrial Metals & Mining Packaging & Containers Real Estate - Development Utilities - Regulated Electric