QVAL vs. FLOW ETF Comparison

Comparison of ValueShares U.S. Quantitative Value ETF (QVAL) to Global X U.S. Cash Flow Kings 100 ETF (FLOW)

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.73

Average Daily Volume

18,437

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLOW

Global X U.S. Cash Flow Kings 100 ETF

FLOW Description

The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes (if any), in the securities of the underlying index. The underlying index is designed to provide exposure to large- and mid-capitalization U.S. equity securities that exhibit high free cash flow yields relative to the eligible universe of companies, as determined by the index administrator. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.57

Average Daily Volume

841

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QVAL	FLOW
30 Days	4.01%	6.35%
60 Days	2.30%	5.66%
90 Days	4.43%	6.16%
12 Months	26.73%	26.75%

15 Overlapping Holdings

Symbol	Grade	Weight in QVAL	Weight in FLOW	Overlap
ALSN	B	2.14%	0.72%	0.72%
CRI	D	1.85%	0.23%	0.23%
CROX	D	1.7%	0.5%	0.5%
FOXA	B	2.12%	1.39%	1.39%
HPQ	B	2.0%	2.08%	2.0%
HRB	D	1.96%	0.51%	0.51%
JBL	B	2.02%	0.96%	0.96%
LEN	D	1.92%	1.78%	1.78%
MAT	D	1.78%	0.65%	0.65%
MO	A	2.19%	2.16%	2.16%
SNA	A	2.1%	1.19%	1.19%
TAP	C	2.18%	1.27%	1.27%
THC	D	1.89%	1.45%	1.45%
TPR	B	2.28%	1.26%	1.26%
WSM	B	1.97%	0.94%	0.94%

QVAL Overweight 35 Positions Relative to FLOW

Symbol	Grade	Weight
BKR	B	2.26%
UAL	A	2.22%
FTI	A	2.15%
HES	B	2.14%
LRN	A	2.12%
GTES	A	2.11%
DAL	C	2.1%
WFRD	D	2.07%
TGT	F	2.07%
URBN	C	2.06%
SM	B	2.06%
ANF	C	2.05%
SIG	B	2.02%
CTSH	B	2.02%
TOL	B	2.01%
MHK	D	2.0%
CMCSA	B	1.99%
MMM	D	1.99%
TEX	D	1.99%
UTHR	C	1.98%
CAT	B	1.97%
CVS	D	1.95%
GPK	C	1.95%
BBY	D	1.94%
DKS	C	1.94%
CNH	C	1.9%
ELV	F	1.9%
OMC	C	1.89%
LYB	F	1.88%
CNC	D	1.87%
FCX	D	1.87%
UHS	D	1.87%
IPG	D	1.8%
MOH	F	1.76%
ASO	F	1.76%

QVAL Underweight 84 Positions Relative to FLOW

Symbol	Grade	Weight
WBD	C	-2.22%
BMY	B	-2.22%
HPE	B	-2.2%
CVX	A	-2.12%
EOG	A	-2.09%
CAH	B	-2.07%
VLO	C	-2.07%
T	A	-2.06%
COR	B	-2.06%
EXPE	B	-2.06%
COP	C	-2.0%
ABNB	C	-1.95%
FANG	D	-1.94%
NUE	C	-1.94%
GEN	B	-1.89%
MPC	D	-1.88%
QCOM	F	-1.88%
DVN	F	-1.83%
ZM	B	-1.66%
ADM	D	-1.66%
HAL	C	-1.61%
MRO	B	-1.25%
OC	A	-1.25%
WPC	D	-1.25%
PPC	C	-1.13%
CAG	D	-1.11%
DINO	D	-1.1%
CLF	F	-1.09%
SWKS	F	-1.09%
DOCU	A	-1.03%
GAP	C	-1.02%
TWLO	A	-0.98%
BG	F	-0.97%
MTZ	B	-0.93%
ARW	D	-0.89%
OVV	B	-0.89%
ADTN	A	-0.88%
DXC	B	-0.88%
WCC	B	-0.86%
INGR	B	-0.86%
RL	B	-0.85%
SMG	D	-0.84%
SNX	C	-0.74%
DBX	B	-0.73%
GRAB	B	-0.72%
AGCO	D	-0.71%
PVH	C	-0.68%
MLI	C	-0.66%
MTCH	D	-0.64%
SKX	D	-0.64%
CNM	D	-0.63%
BWA	D	-0.59%
MIDD	C	-0.57%
MUR	D	-0.57%
IGT	F	-0.56%
COLM	B	-0.56%
UFPI	B	-0.55%
DOX	D	-0.54%
ETSY	D	-0.53%
DDS	B	-0.51%
SEE	C	-0.5%
HOG	D	-0.5%
AYI	B	-0.48%
CHRD	D	-0.48%
THO	B	-0.48%
LEA	D	-0.47%
KRC	C	-0.46%
LPX	B	-0.43%
LYFT	C	-0.42%
LEVI	F	-0.41%
QRVO	F	-0.4%
NEU	C	-0.39%
CRUS	D	-0.35%
UAA	C	-0.35%
AMKR	D	-0.34%
RNG	B	-0.33%
ZI	D	-0.32%
MSM	C	-0.27%
APLE	B	-0.27%
NVST	B	-0.26%
TDC	D	-0.22%
MAN	D	-0.2%
IPGP	D	-0.17%
SHOO	D	-0.16%