IWLG vs. AESR ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWLG) to Anfield U.S. Equity Sector Rotation ETF (AESR)

IWLG

IQ MacKay Municipal Insured ETF

IWLG Description

IQ MacKay Municipal Insured ETF seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$45.38

Average Daily Volume

8,930

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AESR

Anfield U.S. Equity Sector Rotation ETF

AESR Description

The investment seeks to outperform traditional large-cap equity indices and styles over full market cycles by investing in various sectors of the equity market. The fund is an actively managed exchange traded fund that normally invests at least 80% of its net assets, including any borrowings for investment purposes, in a diversified portfolio of ETFs that each invest at least 80% of their assets in U.S. equity securities. It may also invest in various types of derivatives, including exchange listed and over the counter futures, options, total return swaps, forwards and repurchase agreements.

Grade (RS Rating)

Last Trade

$17.01

Average Daily Volume

20,150

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWLG	AESR
30 Days	6.34%	4.84%
60 Days	12.91%	11.50%
90 Days	-0.94%	2.01%
12 Months	48.83%	40.55%

7 Overlapping Holdings

Symbol	Grade	Weight in IWLG	Weight in AESR	Overlap
FICO	C	1.49%	1.43%	1.43%
GOOG	B	3.2%	0.96%	0.96%
ISRG	C	2.28%	1.24%	1.24%
LLY	D	1.81%	1.09%	1.09%
META	A	4.1%	1.19%	1.19%
NFLX	A	1.01%	1.18%	1.01%
NVDA	B	8.58%	1.04%	1.04%

IWLG Overweight 34 Positions Relative to AESR

Symbol	Grade	Weight
MSFT	D	11.19%
AMZN	C	8.63%
AAPL	C	8.05%
GOOGL	B	3.78%
AVGO	B	3.77%
SPOT	C	2.43%
INTU	F	2.42%
KKR	A	2.16%
ADBE	F	2.05%
CMG	C	1.79%
GE	B	1.69%
TT	A	1.67%
LRCX	D	1.66%
NOW	B	1.65%
MELI	D	1.52%
WDAY	D	1.48%
UBER	C	1.44%
V	B	1.43%
MA	A	1.38%
ETN	B	1.37%
SNPS	F	1.23%
ASML	F	1.21%
ORLY	A	1.19%
UNH	B	1.16%
ABT	C	1.13%
SYK	C	1.12%
HD	A	1.07%
WCN	D	1.06%
BSX	A	0.98%
AME	C	0.96%
HLT	A	0.96%
AMD	C	0.48%
BKNG	B	0.48%
VMC	D	0.33%

IWLG Underweight 9 Positions Relative to AESR

Symbol	Grade	Weight
XLC	A	-14.05%
QQQ	B	-10.93%
SMH	B	-10.11%
NRG	A	-1.3%
PWR	A	-1.3%
ANET	A	-1.2%
AJG	C	-1.18%
COST	C	-1.15%
VRTX	D	-1.07%