MDPL vs. KEAT ETF Comparison

Comparison of Monarch Dividend Plus Index ETF (MDPL) to Keating Active ETF (KEAT)

MDPL

Monarch Dividend Plus Index ETF

MDPL Description

MPDL tracks an equal-weighted index of 30 dividend-paying US stocks that are expected to provide dividend income and capital appreciation.

Grade (RS Rating)

Last Trade

$27.13

Average Daily Volume

4,827

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KEAT

Keating Active ETF

KEAT Description

KEAT actively invests in equity securities of all-cap companies considered undervalued based on the subadvisor's fundamental research. These securities include common stock, preferred stock, REITs, ADRs, and GDRs. The fund also considers and invests in international ETFs in the same manner it selects its individual securities. The sub-adviser initially identifies potential investment opportunities through public disclosures, and assesses their financial condition based on sustainable earnings and future cash flows through financial and strategic analyses. The portfolio will typically be comprised of 25 to 40 securities, all selected to offer exceptional value and have defensible positions. The fund also emphasizes companies with good shareholder yield. It intends to hold its positions for a year or more and sells them when it reaches its fair value or has become overvalued. KEAT may also hold short-term Treasurys in seeking total return.

Grade (RS Rating)

Last Trade

$26.76

Average Daily Volume

2,393

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDPL	KEAT
30 Days	2.63%	0.02%
60 Days	2.28%	0.03%
90 Days	3.10%	0.74%
12 Months

2 Overlapping Holdings

	Symbol	Grade	Weight in MDPL	Weight in KEAT	Overlap
	JNJ	C	3.37%	1.6%	1.6%
	TAP	C	3.52%	3.31%	3.31%

MDPL Overweight 28 Positions Relative to KEAT

Symbol	Grade	Weight
OVV	B	3.53%
OC	A	3.47%
GPC	D	3.44%
CVS	D	3.42%
CI	D	3.41%
FANG	C	3.39%
DG	F	3.39%
AMCR	C	3.36%
WTW	B	3.35%
CABO	B	3.34%
ALSN	B	3.34%
SSNC	B	3.33%
SON	F	3.33%
CMCSA	B	3.32%
NXST	C	3.31%
MKTX	D	3.3%
RGLD	C	3.3%
G	B	3.29%
HSY	F	3.28%
KR	B	3.28%
GPK	C	3.26%
SJM	D	3.24%
CTSH	B	3.24%
STLD	B	3.21%
ELV	F	3.21%
MRK	D	3.18%
CAG	F	3.17%
IPG	D	3.12%

MDPL Underweight 25 Positions Relative to KEAT

Symbol	Grade	Weight
STIP	C	-28.19%
OII	B	-3.84%
GOLD	C	-3.73%
CALM	A	-3.56%
EQC	B	-3.54%
PM	B	-3.36%
VZ	C	-3.26%
EQNR	C	-3.23%
LMT	D	-3.16%
VOD	F	-3.14%
TALO	C	-2.99%
UL	D	-2.98%
TTE	F	-2.85%
LW	C	-2.42%
AFL	B	-1.54%
XOM	B	-1.28%
TMO	F	-1.2%
WY	F	-1.16%
PEP	F	-0.9%
UPS	C	-0.84%
DOV	A	-0.81%
BRK.A	B	-0.79%
INTC	C	-0.57%
TGT	F	-0.57%
AXP	A	-0.51%