MDLV vs. TXS ETF Comparison

Comparison of Morgan Dempsey Large Cap Value ETF (MDLV) to Texas Capital Texas Equity Index ETF (TXS)

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

$27.14

Average Daily Volume

6,103

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TXS

Texas Capital Texas Equity Index ETF

TXS Description

TXS tracks an index composed of companies that have significant contributions to the economy of Texas. The fund adviser believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce and other benefits relative to companies headquartered in other states. Initially, all eligible securities from the investable equity universe that meet certain size and liquidity requirements are selected as index constituents. Component sectors in the index are weighted based on their industry contributions to Texass GDP, as reported for the private sector by the US Bureau of Economic Analysis. Companies within each sector are then weighted based on their market-cap, with a minimum cap of 0.05% and maximum cap of 10% per constituent. The fund does not limit its investment to a certain market-cap bracket. TXS may concentrate its investment in a particular industry or group of industries to the extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$30.54

Average Daily Volume

3,287

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDLV	TXS
30 Days	3.22%	1.76%
60 Days	6.24%	2.43%
90 Days	8.63%	5.31%
12 Months	16.81%	25.31%

1 Overlapping Holdings

	Symbol	Grade	Weight in MDLV	Weight in TXS	Overlap
	XOM	D	3.91%	3.78%	3.78%

MDLV Overweight 7 Positions Relative to TXS

Symbol	Grade	Weight
IBM	B	3.81%
LMT	C	3.53%
C	D	3.21%
WEC	B	3.2%
KO	B	3.16%
T	B	3.13%
PM	C	3.12%

MDLV Underweight 9 Positions Relative to TXS

Symbol	Grade	Weight
THC	B	-4.98%
TSLA	C	-4.17%
DLR	B	-4.0%
CCI	B	-3.83%
MCK	F	-3.8%
WM	D	-3.59%
SCHW	D	-3.2%
CRWD	F	-3.09%
CBRE	A	-2.7%