SCLZ vs. IYJ ETF Comparison

Comparison of Swan Enhanced Dividend Income ETF (SCLZ) to iShares U.S. Industrials ETF (IYJ)

SCLZ

Swan Enhanced Dividend Income ETF

SCLZ Description

SCLZ aims to maximize income through a portfolio of US dividend-paying companies combined with a covered call writing strategy. This strategy provides a potential buffer against market volatility, although the reduction is limited to the amount of option premium received. Based on the large- and mid-cap stocks of the OShares Focused Quality Dividend Index, the fund selects 50 names based on a composite score for quality and growth characteristics. The composite score considers quality factors, dividend growth, dividend coverage, and dividend yield. Note some stocks with superior dividend payouts and higher capital appreciation potential may be excluded if option premium potential is too low. Quarterly, constituents are re-ranked based on historic dividend yield and potential capital appreciation, with holdings sold when they are no longer listed. Risk management involves establishing pre-defined exit points for each option to reduce downside exposure while maximizing income.

Grade (RS Rating)

Last Trade

$54.36

Average Daily Volume

1,765

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IYJ

iShares U.S. Industrials ETF

IYJ Description

The investment seeks to track the investment results of an index composed of U.S. equities in the industrials sector. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Industrials Index (the "underlying index"), which measures the performance of the industrials sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$142.17

Average Daily Volume

39,516

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

Performance

Period	SCLZ	IYJ
30 Days	-0.30%	3.97%
60 Days	1.39%	6.71%
90 Days	2.20%	10.36%
12 Months		34.49%

15 Overlapping Holdings

Symbol	Grade	Weight in SCLZ	Weight in IYJ	Overlap
ACN	B	1.71%	3.19%	1.71%
ADP	A	1.53%	1.76%	1.53%
CAT	B	1.76%	2.7%	1.76%
CTAS	B	1.37%	1.07%	1.07%
DE	B	1.48%	1.45%	1.45%
GD	D	1.32%	1.13%	1.13%
HON	C	1.65%	2.15%	1.65%
ITW	B	1.43%	1.15%	1.15%
LMT	D	1.44%	1.64%	1.44%
MA	B	2.49%	6.2%	2.49%
OTIS	C	1.27%	0.58%	0.58%
PAYX	B	1.27%	0.66%	0.66%
PCAR	B	1.42%	0.83%	0.83%
SNA	A	1.38%	0.27%	0.27%
V	A	2.85%	7.02%	2.85%

SCLZ Overweight 34 Positions Relative to IYJ

Symbol	Grade	Weight
GOOGL	C	5.41%
AAPL	C	4.96%
MSFT	D	4.84%
AVGO	D	3.47%
JPM	A	3.37%
LLY	F	2.99%
UNH	B	2.86%
HD	B	2.48%
PG	C	2.43%
JNJ	C	2.25%
ORCL	A	2.18%
CSCO	B	1.93%
KO	D	1.89%
MRK	D	1.83%
INTU	B	1.81%
PM	B	1.8%
TXN	C	1.76%
ABT	B	1.75%
MCD	D	1.75%
QCOM	F	1.68%
PEP	F	1.68%
TJX	A	1.59%
MO	A	1.49%
SBUX	A	1.48%
APH	A	1.47%
MMC	B	1.43%
AON	A	1.42%
ZTS	D	1.32%
MDLZ	F	1.28%
MSCI	C	1.26%
CTSH	B	1.23%
YUM	D	1.2%
CBOE	C	1.16%
HSY	F	1.09%

SCLZ Underweight 175 Positions Relative to IYJ

Symbol	Grade	Weight
GE	D	-2.77%
AXP	A	-2.32%
RTX	D	-2.27%
UNP	C	-2.07%
ETN	A	-2.06%
FI	A	-1.74%
UPS	C	-1.41%
BA	F	-1.39%
TT	A	-1.33%
PH	A	-1.29%
GEV	B	-1.29%
SHW	B	-1.28%
PYPL	B	-1.26%
EMR	B	-1.04%
MMM	D	-1.03%
COF	C	-1.01%
CSX	C	-0.99%
NOC	D	-0.98%
TDG	D	-0.98%
CRH	A	-0.97%
FDX	B	-0.96%
CARR	C	-0.9%
NSC	B	-0.85%
JCI	B	-0.81%
URI	C	-0.8%
FICO	B	-0.77%
GWW	B	-0.74%
FIS	C	-0.71%
CMI	A	-0.71%
PWR	A	-0.68%
LHX	C	-0.67%
SQ	A	-0.67%
HWM	A	-0.65%
AME	A	-0.64%
AXON	A	-0.62%
ODFL	C	-0.61%
IR	B	-0.59%
VRSK	A	-0.58%
FERG	B	-0.58%
VMC	B	-0.53%
MLM	C	-0.51%
WAB	B	-0.49%
DD	C	-0.49%
ROK	C	-0.47%
DOW	F	-0.45%
EFX	F	-0.44%
XYL	D	-0.42%
GPN	B	-0.42%
PPG	F	-0.41%
DOV	A	-0.4%
FTV	C	-0.38%
SW	A	-0.38%
VLTO	C	-0.37%
SYF	B	-0.37%
KEYS	A	-0.37%
CPAY	A	-0.36%
MTD	F	-0.36%
HUBB	B	-0.34%
EME	A	-0.33%
TDY	B	-0.31%
PKG	A	-0.3%
BLDR	D	-0.3%
CSL	C	-0.29%
BAH	F	-0.28%
LII	A	-0.28%
ZBRA	B	-0.28%
TRU	D	-0.27%
BALL	F	-0.27%
WSO	A	-0.26%
RPM	A	-0.25%
TRMB	B	-0.25%
IEX	C	-0.25%
MAS	D	-0.25%
J	D	-0.25%
PNR	A	-0.25%
XPO	B	-0.24%
OC	A	-0.24%
EXPD	C	-0.24%
HEI	A	-0.24%
TXT	D	-0.23%
GGG	B	-0.22%
FIX	A	-0.22%
NDSN	B	-0.21%
ACM	B	-0.21%
AMCR	C	-0.21%
JBHT	C	-0.21%
CW	C	-0.2%
SAIA	B	-0.2%
AFRM	A	-0.19%
SWK	D	-0.19%
ALLE	C	-0.18%
ITT	A	-0.18%
JKHY	D	-0.18%
CHRW	B	-0.18%
BWXT	B	-0.17%
HEI	A	-0.17%
NVT	B	-0.17%
TTEK	F	-0.16%
ATR	B	-0.16%
BLD	D	-0.16%
RRX	B	-0.16%
LECO	C	-0.16%
ALSN	B	-0.15%
WWD	C	-0.15%
CCK	D	-0.15%
GNRC	C	-0.15%
CNH	C	-0.14%
AYI	B	-0.14%
EXP	B	-0.14%
AXTA	B	-0.13%
WCC	B	-0.13%
AAON	B	-0.13%
FBIN	D	-0.13%
DCI	B	-0.13%
WMS	F	-0.13%
APG	B	-0.12%
CNM	D	-0.12%
GPK	C	-0.12%
TTC	C	-0.12%
MTZ	B	-0.12%
CR	A	-0.12%
PCTY	C	-0.12%
AOS	F	-0.12%
BILL	A	-0.12%
KNX	C	-0.12%
WEX	D	-0.11%
MHK	D	-0.11%
TREX	C	-0.11%
RHI	C	-0.11%
KEX	B	-0.11%
BERY	C	-0.11%
SSD	F	-0.11%
HII	F	-0.11%
FLS	B	-0.11%
G	B	-0.11%
AWI	A	-0.1%
VMI	B	-0.1%
CGNX	D	-0.1%
FCN	F	-0.1%
GXO	B	-0.1%
R	B	-0.1%
ATI	C	-0.1%
ESAB	C	-0.1%
OSK	C	-0.1%
MKSI	C	-0.1%
LPX	B	-0.1%
MIDD	C	-0.1%
LFUS	D	-0.09%
FOUR	A	-0.09%
WSC	F	-0.09%
MSA	F	-0.09%
LSTR	D	-0.09%
AZEK	A	-0.09%
BC	C	-0.08%
AGCO	D	-0.08%
VNT	C	-0.08%
ST	F	-0.07%
SEE	C	-0.07%
SON	F	-0.07%
AL	B	-0.07%
GTES	A	-0.06%
SLGN	A	-0.06%
EEFT	B	-0.06%
AMTM	D	-0.05%
SPR	D	-0.05%
MSM	C	-0.05%
CXT	C	-0.04%
ECG	C	-0.04%
MAN	F	-0.04%
WU	F	-0.04%
VSTS	C	-0.03%
ADT	C	-0.03%
HAYW	B	-0.03%
SNDR	B	-0.02%
LOAR	B	-0.01%