IQSM vs. DFNV ETF Comparison

Comparison of IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) to TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV)

IQSM

IQ Candriam ESG U.S. Mid Cap Equity ETF

IQSM Description

IQ Candriam ESG U.S. Mid Cap Equity ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of mid-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the IQ Candriam ESG U.S. Mid Cap Equity Index, by using full replication technique. IQ Candriam ESG U.S. Mid Cap Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.92

Average Daily Volume

13,831

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

DFNV

TrimTabs Donoghue Forlines Risk Managed Innovation ETF

DFNV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to U.S. publicly traded companies with strong free cash flow and strong research and development (R&D) investment

Grade (RS Rating)

Last Trade

$36.15

Average Daily Volume

20,183

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQSM	DFNV
30 Days	2.11%	4.67%
60 Days	6.44%	10.94%
90 Days	8.65%	15.20%
12 Months	28.03%	39.12%

17 Overlapping Holdings

Symbol	Grade	Weight in IQSM	Weight in DFNV	Overlap
ALTR	C	0.27%	0.43%	0.27%
CRUS	F	0.26%	0.34%	0.26%
DOCU	B	0.72%	0.75%	0.72%
DT	C	0.68%	0.7%	0.68%
ETSY	D	0.29%	0.43%	0.29%
FFIV	B	0.67%	0.59%	0.59%
GEN	B	0.77%	0.67%	0.67%
HALO	C	0.35%	0.41%	0.35%
HAS	D	0.39%	0.49%	0.39%
JAZZ	B	0.34%	0.41%	0.34%
JKHY	C	0.62%	0.57%	0.57%
MANH	C	0.82%	0.73%	0.73%
NBIX	C	0.58%	0.54%	0.54%
NTNX	B	0.81%	0.74%	0.74%
NYT	C	0.4%	0.41%	0.4%
PATH	C	0.27%	0.39%	0.27%
PCTY	B	0.44%	0.57%	0.44%

IQSM Overweight 197 Positions Relative to DFNV

Symbol	Grade	Weight
EME	B	1.12%
PKG	B	1.01%
YUMC	C	0.93%
KEY	B	0.85%
MAS	D	0.82%
XPO	B	0.81%
PNR	A	0.8%
RPM	A	0.8%
BURL	C	0.8%
UTHR	B	0.78%
KIM	A	0.77%
OC	A	0.77%
FLEX	B	0.76%
EQH	B	0.75%
TOL	B	0.75%
FIX	B	0.74%
USFD	B	0.72%
TWLO	B	0.72%
ACM	B	0.71%
GWRE	A	0.71%
RGA	A	0.69%
GGG	B	0.69%
SAIA	B	0.68%
SFM	B	0.67%
EWBC	B	0.67%
POOL	D	0.67%
RNR	D	0.65%
UDR	C	0.63%
UNM	A	0.62%
EPAM	B	0.62%
NVT	C	0.61%
TTEK	F	0.6%
HST	D	0.6%
ELS	B	0.59%
CHRW	A	0.59%
ITT	A	0.59%
CPT	C	0.59%
JLL	C	0.59%
AMH	C	0.58%
FTI	B	0.58%
REG	A	0.58%
JNPR	D	0.58%
DAY	B	0.57%
KMX	B	0.57%
WPC	F	0.57%
BLD	F	0.56%
PAYC	B	0.56%
BJ	B	0.56%
RRX	B	0.56%
SJM	F	0.56%
TECH	D	0.56%
CG	B	0.55%
LW	B	0.55%
ALB	C	0.55%
TPR	A	0.55%
DKS	D	0.54%
ATR	A	0.54%
INSM	C	0.54%
NCLH	B	0.54%
IPG	F	0.54%
NWSA	B	0.53%
SF	A	0.53%
Z	B	0.53%
CRL	C	0.51%
CTLT	D	0.51%
SRPT	F	0.5%
WMS	F	0.5%
FND	F	0.5%
PCVX	D	0.5%
WTRG	C	0.5%
CUBE	D	0.5%
AIZ	A	0.5%
ALLY	C	0.49%
QGEN	D	0.48%
PRI	B	0.48%
MKTX	C	0.48%
EHC	B	0.48%
GLOB	B	0.47%
INGR	B	0.47%
FBIN	F	0.47%
LAD	B	0.47%
OHI	C	0.47%
AYI	A	0.47%
ARMK	B	0.46%
LKQ	C	0.46%
GL	B	0.46%
EXAS	F	0.46%
WAL	B	0.46%
FN	C	0.45%
WCC	B	0.45%
EXEL	B	0.44%
DCI	A	0.44%
TFX	F	0.44%
X	D	0.44%
DTM	A	0.44%
SNX	C	0.44%
ROKU	C	0.43%
KNX	C	0.43%
MOS	D	0.43%
RVMD	C	0.43%
ORI	A	0.43%
REXR	F	0.43%
AOS	F	0.43%
AXTA	A	0.42%
ITCI	B	0.42%
GPK	D	0.42%
RL	B	0.42%
MTZ	B	0.42%
BRBR	A	0.42%
TTC	F	0.42%
ONTO	F	0.41%
HRB	D	0.41%
FRT	B	0.4%
BRX	A	0.4%
PEN	C	0.4%
PLNT	A	0.39%
CHE	D	0.39%
DVA	C	0.39%
MEDP	D	0.39%
VOYA	B	0.39%
HSIC	F	0.38%
OLED	F	0.38%
AA	C	0.38%
TREX	C	0.37%
RHI	B	0.37%
MHK	D	0.36%
KEX	A	0.35%
CGNX	C	0.35%
APG	C	0.35%
RGEN	C	0.35%
LSCC	D	0.35%
WH	A	0.35%
RIVN	F	0.34%
GNTX	C	0.34%
VKTX	F	0.34%
MKSI	C	0.34%
WEX	D	0.34%
ESTC	C	0.34%
ALV	C	0.34%
ADC	A	0.34%
AGNC	C	0.33%
RYAN	B	0.33%
FR	D	0.33%
CMC	B	0.33%
FCN	F	0.33%
GXO	B	0.33%
STAG	D	0.32%
H	B	0.32%
BEN	C	0.32%
LSTR	B	0.32%
BPOP	C	0.32%
PARA	B	0.32%
G	B	0.32%
GTLS	B	0.32%
ANF	C	0.32%
NOV	C	0.31%
DINO	D	0.31%
ARW	F	0.31%
WBA	D	0.31%
HLNE	B	0.31%
AZEK	B	0.31%
BPMC	C	0.3%
LFUS	D	0.3%
AXS	A	0.3%
MTN	C	0.3%
DAR	B	0.3%
MSA	D	0.3%
ESI	B	0.3%
FAF	C	0.29%
WFRD	F	0.29%
CLF	F	0.29%
CFLT	B	0.29%
SIGI	B	0.28%
PVH	C	0.28%
CHX	C	0.28%
AGCO	F	0.28%
SUM	B	0.28%
CROX	F	0.28%
STWD	C	0.27%
LEA	F	0.26%
WTS	B	0.26%
AM	B	0.25%
POST	D	0.25%
FIVE	F	0.24%
ST	F	0.24%
IBP	F	0.24%
TKR	F	0.23%
DLB	D	0.21%
GAP	B	0.2%
AN	C	0.2%
ACHC	F	0.18%
ZG	B	0.16%
CACC	D	0.13%
COTY	D	0.12%
NWS	B	0.11%
LCID	F	0.09%
LEVI	F	0.08%

IQSM Underweight 82 Positions Relative to DFNV

Symbol	Grade	Weight
AAPL	C	-8.14%
AVGO	C	-4.37%
ABBV	F	-3.23%
CRM	B	-2.69%
JNJ	D	-2.66%
NOW	A	-2.66%
QCOM	F	-2.32%
ADBE	C	-2.26%
IBM	D	-2.12%
INTU	A	-2.12%
PLTR	B	-2.06%
UBER	F	-2.01%
BMY	B	-2.01%
GILD	B	-1.96%
PANW	B	-1.87%
AMGN	F	-1.79%
ANET	C	-1.71%
APP	B	-1.65%
CRWD	B	-1.58%
SPOT	A	-1.55%
MSI	B	-1.49%
DASH	A	-1.46%
FTNT	B	-1.32%
PYPL	A	-1.31%
TEAM	B	-1.27%
MMM	C	-1.26%
TTD	B	-1.23%
ADSK	B	-1.22%
DDOG	B	-1.17%
VRT	B	-1.16%
SNOW	C	-1.1%
EA	A	-1.09%
WDAY	B	-1.08%
RBLX	B	-1.02%
VEEV	B	-1.0%
MCHP	F	-0.93%
ZS	B	-0.92%
RMD	C	-0.85%
NTAP	D	-0.83%
EXPE	B	-0.8%
PINS	F	-0.8%
UI	B	-0.79%
PTC	B	-0.78%
ZM	B	-0.77%
PSTG	D	-0.73%
DUOL	A	-0.71%
VRSN	C	-0.58%
SWKS	F	-0.56%
SOLV	C	-0.54%
SMAR	A	-0.53%
PEGA	B	-0.53%
MTCH	F	-0.51%
GNRC	B	-0.5%
DBX	B	-0.48%
ENPH	F	-0.47%
CVLT	B	-0.45%
ZETA	F	-0.42%
MAT	C	-0.41%
LYFT	B	-0.4%
PI	D	-0.4%
BOX	A	-0.36%
TENB	C	-0.35%
QLYS	B	-0.35%
QRVO	F	-0.34%
ALKS	C	-0.31%
CWAN	B	-0.31%
IGT	F	-0.26%
BL	B	-0.26%
YOU	D	-0.25%
RNG	C	-0.23%
PLTK	B	-0.22%
TDC	F	-0.21%
ALRM	C	-0.21%
PRGS	A	-0.21%
VERX	B	-0.21%
FLNC	C	-0.21%
PTGX	D	-0.2%
RPD	C	-0.19%
AMZN	A	-0.19%
ACAD	C	-0.18%
YELP	C	-0.17%
CMPR	C	-0.15%