QHDG vs. MPAY ETF Comparison

Comparison of Innovator Hedged Nasdaq-100 ETF (QHDG) to Akros Monthly Payout ETF (MPAY)

QHDG

Innovator Hedged Nasdaq-100 ETF

QHDG Description

The fund is an actively managed ETF that, under normal market circumstances, seeks to provide capital appreciation through exposure to the constituents in the Nasdaq-100® Index while providing a level of downside or "hedged" protection. It will invest at least 80% of its net assets in equity securities and option contracts that provide economic exposure to the Nasdaq-100.

Grade (RS Rating)

Last Trade

$25.27

Average Daily Volume

5,416

Number of Holdings ^*

101

* 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

$25.41

Average Daily Volume

772

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QHDG	MPAY
30 Days	5.32%	3.39%
60 Days		8.53%
90 Days		-0.48%
12 Months		25.01%

22 Overlapping Holdings

Symbol	Grade	Weight in QHDG	Weight in MPAY	Overlap
AAPL	D	8.96%	5.94%	5.94%
ABNB	C	0.37%	1.23%	0.37%
ADBE	F	1.49%	1.57%	1.49%
ADP	A	0.74%	1.24%	0.74%
AMAT	C	1.09%	1.45%	1.09%
AMZN	C	4.95%	4.97%	4.95%
BKNG	B	0.88%	1.26%	0.88%
COST	D	2.56%	1.77%	1.77%
CSCO	A	1.4%	1.28%	1.28%
FTNT	B	0.39%	1.28%	0.39%
GOOGL	C	2.46%	4.73%	2.46%
INTU	F	1.14%	1.3%	1.14%
KLAC	B	0.67%	1.32%	0.67%
LIN	D	1.49%	1.27%	1.27%
LRCX	D	0.69%	1.32%	0.69%
MSFT	D	8.09%	5.7%	5.7%
NFLX	C	1.99%	1.44%	1.44%
NVDA	B	7.53%	6.38%	6.38%
PEP	F	1.53%	1.25%	1.25%
QCOM	D	1.24%	1.36%	1.24%
TSLA	C	3.2%	1.83%	1.83%
TXN	C	1.23%	1.23%	1.23%

QHDG Overweight 79 Positions Relative to MPAY

Symbol	Grade	Weight
AVGO	B	5.22%
META	B	5.03%
GOOG	C	2.36%
AMD	B	1.74%
TMUS	A	1.57%
AMGN	D	1.13%
ISRG	D	1.13%
CMCSA	C	1.05%
HON	C	0.88%
VRTX	D	0.78%
ADI	C	0.75%
MU	C	0.75%
REGN	F	0.74%
PANW	B	0.73%
SBUX	C	0.72%
MELI	D	0.7%
GILD	A	0.68%
INTC	D	0.66%
MDLZ	D	0.64%
PDD	B	0.59%
CTAS	C	0.54%
CEG	B	0.53%
PYPL	A	0.52%
SNPS	F	0.51%
ASML	F	0.5%
CDNS	D	0.48%
MAR	A	0.46%
CSX	D	0.44%
CRWD	C	0.43%
ORLY	A	0.42%
MRVL	B	0.41%
NXPI	F	0.4%
ADSK	C	0.39%
ROP	D	0.39%
AEP	D	0.36%
DASH	C	0.36%
PCAR	C	0.34%
WDAY	D	0.34%
ROST	D	0.33%
CPRT	B	0.33%
KDP	C	0.33%
MNST	D	0.33%
PAYX	B	0.32%
TTD	A	0.32%
CHTR	D	0.31%
AZN	D	0.3%
ODFL	F	0.28%
KHC	F	0.28%
GEHC	C	0.28%
MCHP	F	0.28%
IDXX	D	0.27%
FAST	C	0.27%
EXC	C	0.26%
VRSK	D	0.25%
EA	D	0.25%
CTSH	C	0.25%
CCEP	D	0.24%
XEL	C	0.24%
DDOG	B	0.23%
BKR	B	0.23%
LULU	D	0.21%
CDW	D	0.2%
FANG	C	0.2%
CSGP	F	0.2%
ON	F	0.2%
DXCM	F	0.18%
TTWO	D	0.18%
BIIB	F	0.18%
ANSS	D	0.18%
TEAM	C	0.17%
MRNA	F	0.17%
ZS	F	0.17%
SMCI	F	0.16%
ILMN	B	0.14%
GFS	F	0.14%
MDB	F	0.13%
WBD	D	0.13%
ARM	C	0.12%
DLTR	F	0.1%

QHDG Underweight 30 Positions Relative to MPAY

Symbol	Grade	Weight
GLDM	A	-3.6%
IAUM	A	-3.36%
LLY	D	-3.04%
WMT	C	-2.21%
ORCL	B	-1.78%
V	C	-1.77%
MA	B	-1.76%
UNH	C	-1.74%
HD	A	-1.74%
XOM	A	-1.55%
MRK	F	-1.53%
NOW	B	-1.46%
JNJ	D	-1.46%
ABBV	C	-1.45%
CRM	B	-1.43%
LOW	B	-1.37%
ACN	B	-1.34%
CVX	B	-1.32%
MCD	B	-1.31%
CAT	A	-1.28%
HCA	D	-1.28%
TJX	D	-1.28%
PM	D	-1.27%
NKE	D	-1.25%
AZO	D	-1.24%
ABT	B	-1.23%
LMT	A	-1.23%
UPS	D	-1.22%
RTX	A	-1.19%
DELL	B	-1.02%