SCLZ vs. JPEF ETF Comparison

Comparison of Swan Enhanced Dividend Income ETF (SCLZ) to JPMorgan Equity Focus ETF (JPEF)

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

$54.45

Average Daily Volume

1,700

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JPEF

JPMorgan Equity Focus ETF

JPEF Description

Under normal circumstances, the fund invests at least 80% of its assets in equity securities. "Assets" means net assets, plus the amount of borrowings for investment purposes. In implementing its main strategies, the fund invests primarily in common stocks and real estate investment trusts (REITs), but it may also invest up to 20% of its total assets in common stocks of foreign companies, including depositary receipts.

Grade (RS Rating)

Last Trade

$68.43

Average Daily Volume

91,557

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SCLZ	JPEF
30 Days	0.58%	3.03%
60 Days	1.63%	4.63%
90 Days	2.59%	6.31%
12 Months		36.48%

12 Overlapping Holdings

Symbol	Grade	Weight in SCLZ	Weight in JPEF	Overlap
AAPL	C	4.96%	3.5%	3.5%
AVGO	D	3.47%	2.83%	2.83%
HD	A	2.48%	2.11%	2.11%
HON	B	1.65%	2.13%	1.65%
INTU	C	1.81%	2.01%	1.81%
LLY	F	2.99%	1.66%	1.66%
MA	C	2.49%	2.44%	2.44%
MCD	D	1.75%	2.26%	1.75%
MSFT	F	4.84%	6.29%	4.84%
PG	A	2.43%	2.43%	2.43%
TJX	A	1.59%	1.21%	1.21%
UNH	C	2.86%	2.15%	2.15%

SCLZ Overweight 37 Positions Relative to JPEF

Symbol	Grade	Weight
GOOGL	C	5.41%
JPM	A	3.37%
V	A	2.85%
JNJ	D	2.25%
ORCL	B	2.18%
CSCO	B	1.93%
KO	D	1.89%
MRK	F	1.83%
PM	B	1.8%
CAT	B	1.76%
TXN	C	1.76%
ABT	B	1.75%
ACN	C	1.71%
QCOM	F	1.68%
PEP	F	1.68%
ADP	B	1.53%
MO	A	1.49%
SBUX	A	1.48%
DE	A	1.48%
APH	A	1.47%
LMT	D	1.44%
ITW	B	1.43%
MMC	B	1.43%
PCAR	B	1.42%
AON	A	1.42%
SNA	A	1.38%
CTAS	B	1.37%
ZTS	D	1.32%
GD	F	1.32%
MDLZ	F	1.28%
PAYX	C	1.27%
OTIS	C	1.27%
MSCI	C	1.26%
CTSH	B	1.23%
YUM	B	1.2%
CBOE	B	1.16%
HSY	F	1.09%

SCLZ Underweight 28 Positions Relative to JPEF

Symbol	Grade	Weight
NVDA	C	-6.36%
AMZN	C	-5.88%
META	D	-4.52%
KMI	A	-3.38%
COF	B	-3.15%
BRK.A	B	-2.96%
EOG	A	-2.87%
L	A	-2.79%
MTB	A	-2.77%
TT	A	-2.54%
BAC	A	-2.51%
MS	A	-2.3%
PANW	C	-2.15%
PSA	D	-2.13%
GOOG	C	-2.06%
NEE	D	-2.05%
PWR	A	-1.81%
REG	B	-1.79%
ADI	D	-1.7%
ISRG	A	-1.6%
REGN	F	-1.54%
PKG	A	-1.49%
BKNG	A	-1.43%
MLM	B	-1.37%
TMO	F	-1.21%
EL	F	-0.94%
JBHT	C	-0.89%
LRCX	F	-0.42%