QTUM vs. COWS ETF Comparison

Comparison of Defiance Quantum ETF (QTUM) to Amplify Cash Flow Dividend Leaders ETF (COWS)

QTUM

Defiance Quantum ETF

QTUM Description

The investment seeks to track the total return performance, before fees and expenses, of the BlueStar Quantum Computing and Machine Learning Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index consists of a modified equal-weighted portfolio of the stock of companies whose products or services are predominantly tied to the development of quantum computing and machine learning technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.78

Average Daily Volume

30,837

Number of Holdings ^*

* may have additional holdings in another (foreign) market

COWS

Amplify Cash Flow Dividend Leaders ETF

COWS Description

COWS is an index tracking fund utilizing a replication strategy. The index strategy aims to invest in US stocks of companies perceived to be stable and pay dividends. The starting investment universe considers the 1000 most liquid US-listed companies, excluding the financial sector. Filtering this universe, the 100 highest ranked free cash flow yielding stocks, as measured by equally weighting the stocks average trailing and forward cash flow yield. Companies with no forward estimates for free cash flow yields or earnings are removed. The investment universe is then filtered to identify dividend paying stocks with three years of uninterrupted dividend growth. Stocks with a payout ratio greater than 75% are eliminated. The top 10% of dividend yielding stocks are selected for the index. This process results in 40-100 stocks being selected and initially equally weighted in the index. Industry exposure is capped at 24%. Index holdings are reconstituted and rebalanced on a quarterly basis.

Grade (RS Rating)

Last Trade

$29.43

Average Daily Volume

6,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QTUM	COWS
30 Days	-1.22%	-2.66%
60 Days	4.66%	3.71%
90 Days	10.81%	7.08%
12 Months	31.84%	22.87%

0 Overlapping Holdings

	Symbol	Grade	Weight in QTUM	Weight in COWS	Overlap

QTUM Overweight 50 Positions Relative to COWS

Symbol	Grade	Weight
MSTR	B	2.48%
RGTI	C	2.3%
COHR	B	1.93%
NOK	B	1.83%
QBTS	D	1.81%
BABA	B	1.8%
IBM	D	1.78%
ACN	C	1.78%
BAH	A	1.73%
LMT	D	1.7%
WIT	C	1.7%
NOC	D	1.69%
RTX	C	1.66%
MRVL	A	1.6%
TSM	B	1.59%
NVDA	B	1.58%
JNPR	A	1.55%
RDNT	B	1.53%
TXN	B	1.46%
AMD	F	1.41%
CRUS	F	1.4%
BIDU	F	1.39%
HON	C	1.39%
ABBV	A	1.38%
ADI	C	1.36%
MSFT	D	1.36%
ON	F	1.34%
TDC	C	1.34%
HPE	A	1.33%
GOOGL	A	1.32%
ONTO	F	1.27%
NVEC	F	1.25%
NXPI	D	1.24%
LSCC	C	1.22%
SNPS	B	1.18%
KLAC	F	1.15%
MCHP	F	1.15%
CDNS	A	1.14%
QCOM	D	1.13%
AMAT	F	1.1%
SYNA	F	1.08%
FORM	F	1.08%
MU	C	1.07%
MKSI	F	1.06%
INTC	C	1.05%
TER	F	1.05%
LRCX	F	1.02%
ESTC	F	0.98%
ASML	F	0.93%
STM	F	0.89%

QTUM Underweight 53 Positions Relative to COWS

Symbol	Grade	Weight
VST	B	-3.66%
SNA	A	-2.85%
OC	B	-2.68%
CMCSA	A	-2.58%
BC	D	-2.54%
TKR	C	-2.52%
CF	B	-2.49%
FNF	C	-2.47%
EBAY	D	-2.44%
SLB	F	-2.4%
MRO	B	-2.38%
G	C	-2.35%
HAL	F	-2.34%
WSM	D	-2.33%
FDX	D	-2.27%
TPR	A	-2.19%
SWKS	F	-2.09%
NXST	A	-2.09%
SM	F	-2.06%
PARA	C	-2.02%
BMY	A	-1.96%
PVH	C	-1.96%
ALSN	A	-1.93%
PTEN	F	-1.9%
BEN	C	-1.83%
VLO	F	-1.83%
ASO	D	-1.77%
MUR	F	-1.75%
NOV	F	-1.74%
MGY	A	-1.71%
GAP	C	-1.68%
BBWI	D	-1.67%
T	B	-1.66%
PR	F	-1.65%
OGN	F	-1.56%
MTDR	C	-1.56%
DVN	F	-1.53%
AEO	F	-1.51%
OLN	F	-1.46%
BWA	D	-1.38%
TMUS	B	-1.38%
LEA	F	-1.38%
AYI	A	-1.34%
VNT	B	-1.33%
CSCO	A	-1.32%
IPG	F	-1.32%
DNB	B	-1.31%
RL	A	-1.29%
OSK	C	-1.28%
MCK	C	-1.24%
SAIC	A	-1.23%
INGR	C	-1.17%
ENS	F	-1.17%