IWLG vs. DARP ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWLG) to Return Stacked Bonds & Managed Futures ETF Grizzle Growth ETF (DARP)

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

$45.27

Average Daily Volume

8,930

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DARP

Return Stacked Bonds & Managed Futures ETF Grizzle Growth ETF

DARP Description

The fund is an actively managed exchange-traded fund ("ETF") that invests primarily in equity securities of companies, with a focus on growth, innovation and disruption. The fund seeks to identify future leaders in the following overarching key growth themes including, but not limited to: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.56

Average Daily Volume

1,349

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWLG	DARP
30 Days	1.70%	-1.36%
60 Days	3.89%	-2.15%
90 Days	1.92%	-5.22%
12 Months	43.29%	23.70%

6 Overlapping Holdings

Symbol	Grade	Weight in IWLG	Weight in DARP	Overlap
AAPL	C	8.05%	8.02%	8.02%
ASML	F	1.21%	4.17%	1.21%
GOOGL	D	3.78%	6.05%	3.78%
META	B	4.1%	5.34%	4.1%
MSFT	C	11.19%	10.82%	10.82%
NVDA	D	8.58%	19.47%	8.58%

IWLG Overweight 35 Positions Relative to DARP

Symbol	Grade	Weight
AMZN	C	8.63%
AVGO	C	3.77%
GOOG	D	3.2%
SPOT	B	2.43%
INTU	C	2.42%
ISRG	B	2.28%
KKR	B	2.16%
ADBE	F	2.05%
LLY	C	1.81%
CMG	C	1.79%
GE	B	1.69%
TT	B	1.67%
LRCX	F	1.66%
NOW	B	1.65%
MELI	B	1.52%
FICO	B	1.49%
WDAY	D	1.48%
UBER	C	1.44%
V	C	1.43%
MA	B	1.38%
ETN	C	1.37%
SNPS	D	1.23%
ORLY	C	1.19%
UNH	C	1.16%
ABT	C	1.13%
SYK	C	1.12%
HD	B	1.07%
WCN	D	1.06%
NFLX	B	1.01%
BSX	B	0.98%
AME	C	0.96%
HLT	B	0.96%
AMD	D	0.48%
BKNG	C	0.48%
VMC	D	0.33%

IWLG Underweight 3 Positions Relative to DARP

Symbol	Grade	Weight
MU	F	-4.54%
TSM	C	-3.49%
ABNB	D	-3.11%