RFG vs. HIPS ETF Comparison

Comparison of Guggenheim S&P Midcap 400 Pure Growth ETF (RFG) to Master Income ETF (HIPS)

RFG

Guggenheim S&P Midcap 400 Pure Growth ETF

RFG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P MidCap 400 Pure Growth Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P MidCap 400 companies with strong growth characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$49.22

Average Daily Volume

30,797

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HIPS

Master Income ETF

HIPS Description

The Master Income ETF seeks to track the total return performance, before fees and expenses, of the TFMS HIPS 300 Index. The Index is constructed to capture 300 high income securities, typically with pass-through structures, across the following sectors: (i) closed-end funds (“CEFs”), (ii) mortgage real estate investment trusts (“REITs”), (iii) commercial equity REITs, (iv) residential/diversified REITs, (v) asset management and business development companies (“BDCs”), and (vi) energy production and energy transportation & processing companies. Energy-related companies included in the Index are expected to primarily be structured as master limited partnerships (“MLPs”). CEFs included in the Index are limited to taxable, debt-based funds and may include CEFs that invest primarily in bank loans, high-yield securities (also known as “junk bonds”), foreign securities (including those in emerging markets), and mortgage- or asset-backed securities. The Index is constituted using proprietary methodology developed by Trust and Fiduciary Management Services, Inc. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index.

Grade (RS Rating)

Last Trade

$13.10

Average Daily Volume

37,747

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RFG	HIPS
30 Days	3.15%	3.44%
60 Days	-0.30%	1.98%
90 Days	1.14%	5.47%
12 Months	24.75%	16.59%

1 Overlapping Holdings

	Symbol	Grade	Weight in RFG	Weight in HIPS	Overlap
	PK	D	1.24%	2.25%	1.24%

RFG Overweight 84 Positions Relative to HIPS

Symbol	Grade	Weight
CNX	B	2.76%
DUOL	B	2.53%
FIX	B	2.23%
TOL	B	2.18%
RYAN	D	2.17%
SWN	D	2.02%
WING	B	2.0%
MUSA	D	1.98%
AAON	B	1.91%
LNTH	D	1.89%
BLD	D	1.86%
APPF	D	1.73%
EME	B	1.72%
KNSL	C	1.68%
MEDP	F	1.67%
WFRD	F	1.64%
H	C	1.63%
CLH	A	1.62%
PR	F	1.59%
OC	D	1.46%
EXP	B	1.45%
ONTO	D	1.42%
ELF	F	1.39%
DT	C	1.33%
CHDN	C	1.3%
SSD	D	1.28%
ANF	D	1.28%
RS	D	1.18%
COKE	C	1.18%
VVV	D	1.17%
LII	B	1.17%
RRC	D	1.16%
TXRH	C	1.14%
CASY	D	1.13%
VAL	F	1.1%
MANH	B	1.09%
CELH	F	1.08%
WSM	D	1.07%
NVT	D	1.07%
OVV	F	1.07%
CROX	D	1.06%
SKX	D	1.06%
FND	C	1.05%
CHRD	F	1.04%
UFPI	C	1.04%
OLED	C	1.03%
EXEL	C	1.01%
RBA	B	1.0%
NEU	D	1.0%
SAIA	D	0.99%
WLK	D	0.96%
PRI	B	0.96%
TPX	C	0.95%
LOPE	D	0.92%
ESAB	C	0.91%
RMBS	F	0.91%
AIT	A	0.89%
PLNT	B	0.86%
CIVI	F	0.85%
LNW	B	0.85%
WSO	C	0.85%
PSTG	F	0.84%
CR	C	0.81%
RBC	C	0.8%
ALTR	C	0.78%
MTDR	F	0.77%
HALO	C	0.77%
BCO	B	0.76%
ACHC	C	0.76%
WMS	D	0.73%
GTLS	F	0.73%
TREX	D	0.69%
LECO	F	0.69%
QLYS	F	0.68%
VNT	F	0.6%
ARWR	F	0.6%
PEN	D	0.59%
DBX	D	0.57%
FCN	D	0.53%
PGNY	F	0.53%
BYD	C	0.52%
COTY	F	0.45%
FIVE	D	0.39%
CAR	F	0.33%

RFG Underweight 34 Positions Relative to HIPS

Symbol	Grade	Weight
WES	D	-3.43%
OHI	B	-3.29%
SBRA	C	-3.18%
MPLX	B	-2.97%
PAA	C	-2.96%
ET	B	-2.92%
LTC	C	-2.88%
BGX	B	-2.85%
JQC	C	-2.81%
NNN	C	-2.8%
EPD	B	-2.8%
JFR	B	-2.76%
GTY	B	-2.73%
BXSL	C	-2.73%
NBB	C	-2.72%
ALX	B	-2.71%
GLPI	C	-2.64%
FCT	B	-2.62%
BLW	B	-2.62%
EFT	D	-2.6%
ARCC	B	-2.59%
SLRC	C	-2.59%
DSU	B	-2.55%
FDUS	B	-2.54%
GBDC	C	-2.45%
EPR	B	-2.44%
FSK	B	-2.42%
GSBD	D	-2.41%
NMFC	F	-2.39%
CQP	F	-2.39%
USAC	D	-2.38%
BSM	D	-2.34%
DMLP	D	-2.32%
GNL	C	-2.18%