KRE vs. TGLR ETF Comparison

Comparison of SPDR S&P Regional Banking ETF (KRE) to LAFFER TENGLER Equity Income ETF (TGLR)

KRE

SPDR S&P Regional Banking ETF

KRE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. In seeking to track the performance of the S&P Regional Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the regional banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$58.64

Average Daily Volume

12,549,756

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

TGLR

LAFFER TENGLER Equity Income ETF

TGLR Description

TGLR aims to provide long-term capital appreciation by actively selecting between 25-35 US large-cap stocks. The stocks selected are expected to produce above-market dividend yield with low turnover. The strategy is based on two valuation metrics the sub-adviser believes to be consistent indicators of company value: relative dividend yield and relative price-to-sales ratio. The metrics help determine over- and under valuation, security by security. The sub-adviser then conducts proprietary fundamental factor research to identify stocks for portfolio selection. The research considers both qualitative and quantitative factors such as: catalyst for outperformance, franchise value and market growth, firm management, sales or revenue growth, margins, positive free cash flow, dividend growth, P/E, asset turnover, leverage, and risk. The primary indicator for a stock sell is when the stocks dividend yield is lower than the S&P 500 Index, a sell range is determined.

Grade (RS Rating)

Last Trade

$29.67

Average Daily Volume

1,323

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KRE	TGLR
30 Days	7.42%	-0.20%
60 Days	2.08%	2.47%
90 Days	9.66%	9.03%
12 Months	43.73%	30.83%

0 Overlapping Holdings

	Symbol	Grade	Weight in KRE	Weight in TGLR	Overlap

KRE Overweight 140 Positions Relative to TGLR

Symbol	Grade	Weight
MTB	B	5.05%
RF	B	4.74%
HBAN	B	4.74%
CFG	A	4.56%
TFC	C	4.55%
FHN	B	3.72%
ZION	B	3.02%
WAL	C	2.36%
WBS	B	2.34%
OZK	B	2.34%
SNV	B	2.25%
EWBC	A	2.18%
COLB	A	1.92%
CFR	B	1.9%
SSB	B	1.63%
VLY	A	1.56%
CADE	B	1.48%
PNFP	A	1.46%
WTFC	B	1.37%
AX	B	1.33%
UMBF	A	1.29%
PB	B	1.29%
BPOP	F	1.14%
ONB	A	1.14%
FNB	A	1.12%
CBSH	A	1.07%
TBBK	D	1.04%
ASB	A	1.0%
BANC	B	1.0%
HWC	A	0.89%
TCBI	B	0.86%
BKU	C	0.81%
GBCI	A	0.8%
FULT	B	0.8%
HOMB	B	0.78%
FFIN	D	0.77%
BOH	A	0.73%
CUBI	D	0.72%
FBP	D	0.71%
ABCB	B	0.67%
UBSI	A	0.62%
FIBK	B	0.62%
EBC	C	0.55%
PFS	B	0.54%
AUB	C	0.54%
CVBF	B	0.53%
BOKF	B	0.53%
INDB	B	0.51%
CATY	A	0.51%
CBU	A	0.5%
SFBS	A	0.48%
FHB	A	0.47%
WAFD	D	0.47%
UCB	D	0.46%
IBOC	B	0.46%
RNST	B	0.44%
IBTX	B	0.43%
TFIN	B	0.43%
PPBI	B	0.42%
WSFS	D	0.42%
HTLF	A	0.41%
SBCF	B	0.4%
BANR	A	0.39%
CASH	A	0.38%
NBHC	A	0.38%
SFNC	A	0.37%
TRMK	B	0.33%
HTH	D	0.33%
FFBC	A	0.32%
SASR	A	0.3%
OFG	C	0.3%
HOPE	D	0.29%
VBTX	B	0.29%
PRK	A	0.28%
FRME	C	0.28%
NWBI	C	0.28%
FCF	D	0.28%
BHLB	B	0.26%
EGBN	A	0.26%
TOWN	D	0.25%
NBTB	D	0.25%
LKFN	B	0.24%
FBMS	B	0.24%
BANF	B	0.24%
WSBC	A	0.23%
FBK	B	0.21%
FBNC	D	0.21%
EFSC	B	0.21%
LOB	D	0.21%
CHCO	A	0.2%
PFBC	B	0.2%
BRKL	A	0.19%
DCOM	B	0.19%
WABC	B	0.19%
OCFC	A	0.18%
CFFN	A	0.17%
QCRH	B	0.17%
STBA	D	0.16%
AMAL	B	0.16%
MCB	B	0.15%
BUSE	D	0.15%
PFC	A	0.15%
SRCE	C	0.15%
HAFC	A	0.15%
CPF	C	0.15%
TCBK	C	0.15%
FFWM	D	0.15%
SYBT	B	0.15%
HFWA	A	0.14%
PEBO	B	0.13%
BY	B	0.13%
NFBK	C	0.13%
NIC	B	0.13%
CFB	D	0.13%
HTBK	D	0.13%
OSBC	B	0.13%
IBCP	D	0.12%
CNOB	D	0.12%
TFSL	B	0.11%
SBSI	D	0.11%
TMP	A	0.11%
CCB	A	0.1%
PGC	A	0.1%
OBK	D	0.1%
HIFS	B	0.1%
KRNY	B	0.1%
WASH	B	0.1%
AMTB	D	0.09%
MBWM	D	0.09%
CTBI	B	0.08%
UVSP	B	0.08%
FFIC	B	0.08%
TRST	D	0.08%
HBNC	A	0.07%
THFF	B	0.06%
CAC	A	0.06%
MSBI	A	0.06%
GSBC	C	0.05%
HONE	D	0.04%
CLBK	D	0.04%

KRE Underweight 29 Positions Relative to TGLR

Symbol	Grade	Weight
ORCL	B	-5.76%
AVGO	B	-4.83%
AXP	A	-4.67%
MSFT	D	-4.39%
WMT	A	-4.38%
JPM	A	-4.2%
CARR	D	-4.19%
ABBV	A	-4.13%
HD	B	-4.11%
MCD	C	-3.89%
RTX	C	-3.83%
GS	B	-3.55%
TXN	A	-3.4%
LHX	A	-3.05%
JNJ	D	-3.02%
CVX	A	-2.94%
NXPI	C	-2.92%
SBUX	A	-2.89%
STLD	A	-2.79%
EMR	B	-2.69%
AAPL	C	-2.51%
GOOGL	A	-2.51%
EOG	D	-2.51%
LRCX	F	-2.48%
DELL	A	-2.32%
PLD	F	-2.32%
PEP	D	-2.22%
MDT	B	-2.19%
NEE	D	-1.84%