PY vs. MPAY ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to Akros Monthly Payout ETF (MPAY)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$51.93

Average Daily Volume

5,520

Number of Holdings ^*

105

* 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

$25.89

Average Daily Volume

811

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PY	MPAY
30 Days	4.03%	1.35%
60 Days	5.45%	0.61%
90 Days	7.68%	2.24%
12 Months	30.80%	24.38%

15 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in MPAY	Overlap
AAPL	C	3.82%	5.94%	3.82%
ACN	C	1.18%	1.34%	1.18%
ADP	B	1.01%	1.24%	1.01%
CAT	B	1.18%	1.28%	1.18%
CVX	A	1.35%	1.32%	1.32%
HD	A	1.58%	1.74%	1.58%
LMT	D	0.88%	1.23%	0.88%
LOW	D	1.06%	1.37%	1.06%
MSFT	F	3.5%	5.7%	3.5%
NKE	D	0.82%	1.25%	0.82%
NVDA	C	3.38%	6.38%	3.38%
QCOM	F	1.07%	1.36%	1.07%
RTX	C	1.0%	1.19%	1.0%
TJX	A	0.98%	1.28%	0.98%
XOM	B	1.82%	1.55%	1.55%

PY Overweight 90 Positions Relative to MPAY

Symbol	Grade	Weight
AVGO	D	2.35%
WFC	A	1.43%
MS	A	1.26%
AXP	A	1.13%
CMCSA	B	1.09%
BMY	B	1.05%
DFS	B	1.0%
TT	A	1.0%
AMP	A	0.99%
TRGP	B	0.97%
SYF	B	0.97%
PNC	B	0.96%
EQT	B	0.94%
BKR	B	0.94%
SNA	A	0.93%
DE	A	0.91%
BK	A	0.91%
CB	C	0.91%
ITW	B	0.9%
MO	A	0.89%
HPE	B	0.88%
STLD	B	0.88%
MMC	B	0.88%
PNR	A	0.87%
TRV	B	0.86%
CSX	B	0.86%
SLB	C	0.85%
RF	A	0.85%
SPG	B	0.85%
FITB	A	0.85%
MET	A	0.85%
PAYX	C	0.85%
PRU	A	0.84%
RL	B	0.84%
KR	B	0.84%
FOXA	B	0.83%
FDX	B	0.83%
OTIS	C	0.82%
ROK	B	0.82%
PLD	D	0.82%
CI	F	0.81%
AIG	B	0.81%
VLO	C	0.8%
NDAQ	A	0.8%
CTSH	B	0.8%
HPQ	B	0.79%
CINF	A	0.79%
BR	A	0.79%
PSX	C	0.79%
WTW	B	0.79%
AIZ	A	0.78%
DD	D	0.78%
TAP	C	0.78%
CVS	D	0.78%
MDLZ	F	0.77%
CF	B	0.77%
EBAY	D	0.77%
BEN	C	0.77%
MRO	B	0.76%
DRI	B	0.76%
HAL	C	0.76%
FANG	D	0.75%
AVB	B	0.75%
BBWI	D	0.75%
MPC	D	0.75%
HIG	B	0.75%
NDSN	B	0.74%
PPG	F	0.73%
ALLE	D	0.73%
SYY	B	0.72%
EMN	D	0.72%
ESS	B	0.72%
OXY	D	0.72%
VICI	C	0.7%
MAA	B	0.7%
CPT	B	0.69%
KMB	D	0.69%
EG	C	0.68%
INVH	D	0.67%
GPC	D	0.66%
HSY	F	0.66%
AOS	F	0.66%
ARE	D	0.66%
SBAC	D	0.66%
HRL	D	0.65%
MKC	D	0.65%
ADM	D	0.65%
GIS	D	0.65%
LYB	F	0.64%
SWKS	F	0.6%

PY Underweight 36 Positions Relative to MPAY

Symbol	Grade	Weight
AMZN	C	-4.97%
GOOGL	C	-4.73%
GLDM	C	-3.6%
IAUM	C	-3.36%
LLY	F	-3.04%
WMT	A	-2.21%
TSLA	B	-1.83%
ORCL	B	-1.78%
V	A	-1.77%
COST	B	-1.77%
MA	C	-1.76%
UNH	C	-1.74%
ADBE	C	-1.57%
MRK	F	-1.53%
NOW	A	-1.46%
JNJ	D	-1.46%
AMAT	F	-1.45%
ABBV	D	-1.45%
NFLX	A	-1.44%
CRM	B	-1.43%
KLAC	D	-1.32%
MCD	D	-1.31%
INTU	C	-1.3%
HCA	F	-1.28%
FTNT	C	-1.28%
CSCO	B	-1.28%
PM	B	-1.27%
LIN	D	-1.27%
BKNG	A	-1.26%
PEP	F	-1.25%
AZO	C	-1.24%
ABNB	C	-1.23%
TXN	C	-1.23%
ABT	B	-1.23%
UPS	C	-1.22%
DELL	C	-1.02%