IQRA vs. SMCO ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF (IQRA) to Hilton Small-MidCap Opportunity ETF (SMCO)

IQRA

IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF

IQRA Description

The fund will normally invest at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by real assets companies. Under normal circumstances, the fund invests primarily in common stock, but may also invest in other equity securities including preferred stock, convertible securities, rights or warrants to buy common stocks, master limited partnerships ("MLPs"), and depositary receipts with characteristics similar to common stock.

Grade (RS Rating)

Last Trade

$27.23

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMCO

Hilton Small-MidCap Opportunity ETF

SMCO Description

The Sub-Adviser uses its proprietary Small & Mid Cap Opportunities investment process ("SMCO Process") to seek risk-adjusted returns by investing in U.S. equity securities within the small- and mid-cap asset classes. The fund"s portfolio will typically consist of between 50-75 stocks. The fund"s portfolio will consistently consist of stocks that the Sub-Adviser deems fundamentally attractive and reasonably valued. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in equity securities of small- and mid-capitalization companies.

Grade (RS Rating)

Last Trade

$26.77

Average Daily Volume

14,970

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQRA	SMCO
30 Days	-1.13%	6.87%
60 Days	-1.86%	8.54%
90 Days	1.11%	9.72%
12 Months	20.45%

3 Overlapping Holdings

Symbol	Grade	Weight in IQRA	Weight in SMCO	Overlap
CMS	C	0.93%	1.04%	0.93%
COLD	D	1.01%	1.42%	1.01%
REXR	F	0.84%	0.76%	0.76%

IQRA Overweight 44 Positions Relative to SMCO

Symbol	Grade	Weight
SPG	A	5.27%
O	C	3.8%
EQIX	A	3.71%
TRGP	A	3.45%
WEC	A	2.67%
CSX	C	2.65%
SUI	C	2.14%
NEE	C	2.13%
WELL	A	2.07%
AMT	C	2.01%
PPL	A	1.61%
PCG	A	1.56%
HST	C	1.5%
REG	A	1.32%
CUBE	C	1.31%
DLR	B	1.21%
ATO	A	1.03%
ADC	A	1.03%
UE	B	1.02%
EXR	C	1.01%
PAGP	A	0.95%
XEL	A	0.93%
IRM	C	0.91%
ESRT	C	0.88%
WTRG	B	0.85%
OGE	A	0.83%
CNI	F	0.8%
SRE	A	0.78%
DTE	C	0.77%
EVRG	A	0.76%
NSC	B	0.73%
INVH	D	0.73%
AES	F	0.71%
CNP	A	0.69%
VICI	C	0.67%
CPK	A	0.65%
BRX	A	0.63%
AEE	A	0.53%
PSA	C	0.51%
CEG	C	0.47%
FCPT	C	0.43%
ALE	A	0.41%
KMI	A	0.36%
POR	C	0.33%

IQRA Underweight 58 Positions Relative to SMCO

Symbol	Grade	Weight
KD	B	-2.92%
CLH	C	-2.78%
HLI	A	-2.67%
PRIM	A	-2.6%
DY	D	-2.48%
EME	A	-2.47%
LYV	A	-2.47%
CFR	B	-2.17%
MGNI	B	-2.17%
CBU	B	-2.14%
EQT	B	-2.08%
RL	C	-2.06%
NVT	B	-1.97%
TDY	B	-1.94%
MC	C	-1.91%
SAIA	B	-1.91%
BWXT	B	-1.78%
MTSI	B	-1.75%
CBSH	B	-1.75%
BURL	B	-1.72%
CYBR	A	-1.68%
CIEN	C	-1.66%
PLNT	A	-1.64%
CMC	B	-1.59%
J	D	-1.58%
BJ	A	-1.57%
IDA	A	-1.56%
BAH	F	-1.54%
VVV	D	-1.52%
RNR	C	-1.51%
MKSI	C	-1.5%
SFM	A	-1.45%
RS	B	-1.43%
BR	A	-1.43%
ENTG	D	-1.42%
TECH	F	-1.34%
IRT	A	-1.3%
DBRG	F	-1.28%
SNX	D	-1.27%
POOL	C	-1.21%
ATR	B	-1.18%
STE	D	-1.17%
CRL	D	-1.17%
SMPL	B	-1.16%
DOX	D	-1.15%
LSTR	D	-1.13%
CWEN	C	-1.12%
TENB	C	-1.11%
CTRA	B	-1.1%
WST	C	-1.02%
ARES	A	-1.0%
TFX	F	-0.92%
HP	C	-0.91%
ASH	F	-0.91%
MGY	A	-0.9%
ICFI	F	-0.77%
ARE	F	-0.75%
ELF	C	-0.74%