SCLZ vs. UDI ETF Comparison

Comparison of Swan Enhanced Dividend Income ETF (SCLZ) to USCF Dividend Income Fund (UDI)

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

UDI

USCF Dividend Income Fund

UDI Description

USCF ESG Dividend Income Fund is an exchange traded fund launched and managed by USCF Advisers LLC. It is co-managed by Miller/Howard Investments, Inc. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. The fund does not invest in stocks of companies operating across tobacco, firearms, controversial weapons, human rights violations or environmental abuses sectors. USCF ESG Dividend Income Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$31.04

Average Daily Volume

4,405

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SCLZ	UDI
30 Days	0.58%	3.03%
60 Days	1.63%	4.26%
90 Days	2.59%	6.36%
12 Months		29.85%

7 Overlapping Holdings

Symbol	Grade	Weight in SCLZ	Weight in UDI	Overlap
CSCO	B	1.93%	3.7%	1.93%
JNJ	D	2.25%	4.09%	2.25%
JPM	A	3.37%	4.33%	3.37%
KO	D	1.89%	3.86%	1.89%
MRK	F	1.83%	1.8%	1.8%
PAYX	C	1.27%	4.4%	1.27%
TXN	C	1.76%	2.26%	1.76%

SCLZ Overweight 42 Positions Relative to UDI

Symbol	Grade	Weight
GOOGL	C	5.41%
AAPL	C	4.96%
MSFT	F	4.84%
AVGO	D	3.47%
LLY	F	2.99%
UNH	C	2.86%
V	A	2.85%
MA	C	2.49%
HD	A	2.48%
PG	A	2.43%
ORCL	B	2.18%
INTU	C	1.81%
PM	B	1.8%
CAT	B	1.76%
ABT	B	1.75%
MCD	D	1.75%
ACN	C	1.71%
QCOM	F	1.68%
PEP	F	1.68%
HON	B	1.65%
TJX	A	1.59%
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%
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 24 Positions Relative to UDI

Symbol	Grade	Weight
JEF	A	-5.31%
GS	A	-4.9%
GILD	C	-4.57%
ORI	A	-4.43%
BK	A	-4.28%
MDT	D	-3.65%
ABBV	D	-3.47%
CMCSA	B	-3.41%
EWBC	A	-3.31%
HST	C	-2.6%
LAMR	D	-2.58%
ASB	B	-2.57%
IPG	D	-2.54%
BAC	A	-2.51%
CME	A	-2.35%
USB	A	-2.23%
RHI	B	-2.02%
STAG	F	-1.8%
GSK	F	-1.71%
OMC	C	-1.69%
TGT	F	-1.56%
CAG	D	-1.56%
RDN	C	-1.43%
SON	D	-1.4%