IXN vs. MPAY ETF Comparison

Comparison of iShares Global Tech ETF (IXN) to Akros Monthly Payout ETF (MPAY)

IXN

iShares Global Tech ETF

IXN Description

The investment seeks to track the investment results of an index composed of global equities in the technology sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Information Technology IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), a subsidiary of McGraw Hill Financial, Inc., deems to be part of the information technology sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$83.60

Average Daily Volume

171,402

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MPAY

Akros Monthly Payout ETF

MPAY Description

MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.

Grade (RS Rating)

Last Trade

$25.82

Average Daily Volume

845

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IXN	MPAY
30 Days	0.34%	1.20%
60 Days	0.29%	0.22%
90 Days	1.90%	2.14%
12 Months	28.80%	23.74%

16 Overlapping Holdings

Symbol	Grade	Weight in IXN	Weight in MPAY	Overlap
AAPL	B	18.69%	5.94%	5.94%
ACN	B	1.45%	1.34%	1.34%
ADBE	C	1.46%	1.57%	1.46%
AMAT	F	0.91%	1.45%	0.91%
CRM	B	2.06%	1.43%	1.43%
CSCO	A	1.51%	1.28%	1.28%
DELL	C	0.25%	1.02%	0.25%
FTNT	C	0.39%	1.28%	0.39%
INTU	C	1.26%	1.3%	1.26%
KLAC	F	0.54%	1.32%	0.54%
MSFT	D	16.84%	5.7%	5.7%
NOW	B	1.36%	1.46%	1.36%
NVDA	C	9.17%	6.38%	6.38%
ORCL	C	1.92%	1.78%	1.78%
QCOM	F	1.17%	1.36%	1.17%
TXN	D	1.2%	1.23%	1.2%

IXN Overweight 54 Positions Relative to MPAY

Symbol	Grade	Weight
AVGO	D	4.5%
AMD	F	1.43%
IBM	C	1.23%
PLTR	B	0.87%
PANW	C	0.82%
MU	D	0.7%
INTC	C	0.7%
ADI	D	0.67%
ANET	C	0.63%
LRCX	F	0.6%
APH	B	0.56%
MSI	C	0.53%
CDNS	B	0.52%
SNPS	B	0.52%
CRWD	B	0.51%
ADSK	B	0.42%
NXPI	D	0.38%
ROP	B	0.38%
FICO	B	0.36%
TEL	B	0.29%
IT	C	0.26%
CTSH	B	0.25%
GLW	B	0.23%
HPQ	B	0.23%
MCHP	F	0.22%
ON	C	0.2%
ANSS	B	0.19%
HPE	B	0.18%
MPWR	F	0.18%
TYL	A	0.17%
GDDY	B	0.17%
KEYS	B	0.17%
NTAP	C	0.16%
PTC	A	0.15%
CDW	F	0.15%
WDC	C	0.14%
TDY	B	0.14%
ZBRA	A	0.13%
STX	D	0.13%
FSLR	F	0.13%
GEN	A	0.11%
UMC	F	0.11%
TER	F	0.11%
TRMB	B	0.11%
JBL	C	0.1%
EPAM	C	0.1%
VRSN	F	0.1%
AKAM	F	0.09%
SWKS	F	0.09%
FFIV	A	0.09%
JNPR	F	0.08%
ENPH	F	0.06%
QRVO	F	0.05%
SMCI	D	0.04%

IXN Underweight 35 Positions Relative to MPAY

Symbol	Grade	Weight
AMZN	C	-4.97%
GOOGL	C	-4.73%
GLDM	D	-3.6%
IAUM	D	-3.36%
LLY	F	-3.04%
WMT	B	-2.21%
TSLA	B	-1.83%
V	A	-1.77%
COST	B	-1.77%
MA	B	-1.76%
UNH	B	-1.74%
HD	A	-1.74%
XOM	C	-1.55%
MRK	F	-1.53%
JNJ	D	-1.46%
ABBV	D	-1.45%
NFLX	B	-1.44%
LOW	C	-1.37%
CVX	B	-1.32%
MCD	D	-1.31%
CAT	B	-1.28%
HCA	F	-1.28%
TJX	A	-1.28%
PM	B	-1.27%
LIN	D	-1.27%
BKNG	B	-1.26%
PEP	F	-1.25%
NKE	F	-1.25%
ADP	B	-1.24%
AZO	C	-1.24%
ABNB	C	-1.23%
ABT	B	-1.23%
LMT	D	-1.23%
UPS	C	-1.22%
RTX	D	-1.19%