PSET vs. MPAY ETF Comparison

Comparison of Principal Price Setters Index ETF (PSET) to Akros Monthly Payout ETF (MPAY)

PSET

Principal Price Setters Index ETF

PSET Description

The Principal Price Setters Index ETF seeks to provide investment results that closely correspond, before expenses, to the performance of the NASDAQ U.S. Price Setters Index. The ETF employs a passive investment approach designed to track the performance of the Index.

Grade (RS Rating)

Last Trade

$70.31

Average Daily Volume

1,281

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

$25.78

Average Daily Volume

873

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSET	MPAY
30 Days	1.01%	1.18%
60 Days	1.86%	1.63%
90 Days	2.63%	3.02%
12 Months	29.38%	24.32%

12 Overlapping Holdings

Symbol	Grade	Weight in PSET	Weight in MPAY	Overlap
AAPL	C	5.44%	5.94%	5.44%
ACN	C	1.41%	1.34%	1.34%
AMAT	D	1.25%	1.45%	1.25%
AMZN	C	2.26%	4.97%	2.26%
CRM	D	1.4%	1.43%	1.4%
GOOGL	D	0.47%	4.73%	0.47%
INTU	C	1.42%	1.3%	1.3%
KLAC	D	1.29%	1.32%	1.29%
MSFT	C	8.13%	5.7%	5.7%
NFLX	B	1.79%	1.44%	1.44%
NVDA	D	4.63%	6.38%	4.63%
QCOM	F	1.39%	1.36%	1.36%

PSET Overweight 60 Positions Relative to MPAY

Symbol	Grade	Weight
AVGO	C	2.93%
GOOG	D	1.73%
TMO	C	1.58%
BSX	B	1.52%
IBM	A	1.52%
ANET	A	1.47%
TT	A	1.4%
MPWR	C	1.38%
DHI	C	1.35%
AMD	D	1.32%
SYK	C	1.31%
ZTS	C	1.28%
PHM	B	1.27%
PYPL	B	1.27%
ETN	C	1.27%
ECL	A	1.23%
KMB	D	1.23%
CMG	C	1.19%
NTAP	D	1.18%
CBOE	C	1.18%
RSG	D	1.18%
IT	A	1.16%
ORLY	D	1.14%
DOV	B	1.11%
FFIV	B	1.11%
GWW	A	1.09%
BR	D	1.09%
ALLE	C	1.08%
ITW	C	1.07%
CPAY	C	1.07%
CDNS	D	1.06%
KEYS	C	1.04%
HPE	D	1.04%
SNPS	D	1.04%
META	A	1.04%
IQV	D	1.03%
CHD	C	1.03%
SYY	D	1.02%
A	C	1.0%
AME	C	0.99%
SNA	C	0.98%
CPRT	D	0.97%
ROK	F	0.97%
NDSN	C	0.96%
PPG	D	0.96%
FDS	C	0.95%
MCHP	D	0.94%
VMC	D	0.94%
CDW	D	0.94%
MLM	D	0.93%
AOS	D	0.92%
APTV	D	0.9%
GPN	D	0.89%
SLB	F	0.87%
JBL	D	0.86%
IEX	D	0.85%
EW	F	0.82%
WST	D	0.8%
ULTA	D	0.73%
BRK.A	C	0.24%

PSET Underweight 40 Positions Relative to MPAY

Symbol	Grade	Weight
GLDM	A	-3.6%
IAUM	A	-3.36%
LLY	C	-3.04%
WMT	B	-2.21%
TSLA	C	-1.83%
ORCL	B	-1.78%
V	C	-1.77%
COST	B	-1.77%
MA	B	-1.76%
UNH	C	-1.74%
HD	A	-1.74%
ADBE	F	-1.57%
XOM	D	-1.55%
MRK	D	-1.53%
NOW	A	-1.46%
JNJ	C	-1.46%
ABBV	C	-1.45%
LOW	A	-1.37%
CVX	D	-1.32%
LRCX	F	-1.32%
MCD	B	-1.31%
CAT	B	-1.28%
HCA	A	-1.28%
FTNT	B	-1.28%
TJX	C	-1.28%
CSCO	B	-1.28%
PM	C	-1.27%
LIN	B	-1.27%
BKNG	B	-1.26%
PEP	D	-1.25%
NKE	D	-1.25%
ADP	B	-1.24%
AZO	D	-1.24%
ABNB	D	-1.23%
TXN	C	-1.23%
ABT	C	-1.23%
LMT	B	-1.23%
UPS	F	-1.22%
RTX	C	-1.19%
DELL	C	-1.02%