MDLV vs. TWIO ETF Comparison

Comparison of Morgan Dempsey Large Cap Value ETF (MDLV) to Trajan Wealth Income Opportunities ETF (TWIO)

MDLV

Morgan Dempsey Large Cap Value ETF

MDLV Description

The investment seeks to provide a high level of current income and long-term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in dividend paying companies that the fund’s sub-adviser, Morgan Dempsey Capital Management, LLC (the “Sub-Adviser”), believes are attractively valued. Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities of large cap companies, which it defines as companies larger than $25 billion in market capitalization.

Grade (RS Rating)

Last Trade

$27.21

Average Daily Volume

8,220

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TWIO

Trajan Wealth Income Opportunities ETF

TWIO Description

Spinnaker ETF Series - Trajan Wealth Income Opportunities ETF is an exchange traded fund launched and managed by OBP Capital, LLC. The fund is co-managed by Trajan Wealth, LLC. It invests in the public equity and fixed income markets of the United States. For it equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies operating across diversified market capitalization. For its fixed income, the fund primarily invests in preferred securities and income producing fixed income securities with varying maturities. The fund employs fundamental analysis with bottom-up and top-down securities picking approach to create its portfolio. Spinnaker ETF Series - Trajan Wealth Income Opportunities ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$9.26

Average Daily Volume

6,775

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDLV	TWIO
30 Days	-0.82%	-0.27%
60 Days	0.47%	-2.06%
90 Days	3.14%	0.11%
12 Months	20.02%	12.46%

5 Overlapping Holdings

Symbol	Grade	Weight in MDLV	Weight in TWIO	Overlap
C	A	3.36%	2.78%	2.78%
IBM	C	3.11%	2.88%	2.88%
KO	D	2.72%	1.91%	1.91%
VZ	C	2.68%	2.3%	2.3%
XOM	B	4.0%	1.92%	1.92%

MDLV Overweight 30 Positions Relative to TWIO

Symbol	Grade	Weight
LMT	D	3.67%
ETR	B	3.59%
T	A	3.48%
WEC	A	3.33%
CSCO	B	3.25%
CVX	A	3.25%
CMI	A	3.24%
PM	B	3.16%
GD	D	3.07%
PRU	A	3.0%
MDT	D	2.86%
BIL	A	2.76%
CCI	C	2.73%
GILD	C	2.71%
UPS	C	2.62%
LYB	F	2.52%
DUK	C	2.45%
SO	C	2.42%
ES	C	2.36%
MRK	D	2.32%
KHC	F	2.26%
GIS	D	2.24%
PFE	F	2.16%
JNJ	C	2.11%
PSX	C	2.01%
PG	C	1.9%
SBUX	A	1.76%
MCD	D	1.67%
RIO	D	1.36%
HSY	F	1.04%

MDLV Underweight 12 Positions Relative to TWIO

Symbol	Grade	Weight
OGE	A	-2.62%
WMB	A	-2.52%
BX	A	-2.5%
BKH	A	-2.25%
K	A	-2.18%
SBLK	F	-2.04%
AIG	B	-1.96%
FSK	A	-1.89%
SON	F	-1.89%
PSA	C	-1.87%
CMSC	C	-1.8%
ABBV	F	-1.8%