SOVF vs. IPDP ETF Comparison

Comparison of Sovereign's Capital Flourish Fund (SOVF) to Dividend Performers ETF (IPDP)

SOVF

Sovereign's Capital Flourish Fund

SOVF Description

The fund invests primarily in common stock of publicly traded U.S. companies that are selected by the fund's investment adviser. The Adviser employs an active management strategy in seeking to achieve the fund"s objective.

Grade (RS Rating)

Last Trade

$32.27

Average Daily Volume

12,200

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IPDP

Dividend Performers ETF

IPDP Description

The investment seeks to provide income; the secondary objective is capital appreciation. The fund’s investment strategy is twofold: (1) investing in dividend paying U.S. equity securities, and (2) credit spread options on an S&P 500 ETF or Index. It may also invest in equity real estate investment trusts (“REITs”). A credit spread is an options strategy that involves the purchase of one option and a sale of another option in the same class and with the same expiration but different strike prices.

Grade (RS Rating)

Last Trade

$20.56

Average Daily Volume

1,326

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SOVF	IPDP
30 Days	5.98%	3.03%
60 Days	5.98%	6.38%
90 Days	5.25%	7.75%
12 Months	24.72%	31.86%

7 Overlapping Holdings

Symbol	Grade	Weight in SOVF	Weight in IPDP	Overlap
ADP	A	0.5%	2.29%	0.5%
CSCO	B	0.75%	2.32%	0.75%
IEX	C	0.49%	2.14%	0.49%
LECO	C	1.0%	1.87%	1.0%
NSP	F	2.71%	1.52%	1.52%
QCOM	F	1.52%	1.6%	1.52%
UPS	C	0.75%	1.88%	0.75%

SOVF Overweight 72 Positions Relative to IPDP

Symbol	Grade	Weight
LOPE	C	2.75%
PRI	B	2.53%
COKE	C	2.53%
EEFT	B	2.47%
RPAY	D	2.47%
FOLD	F	2.45%
DAVA	C	2.41%
AFG	A	2.27%
DIOD	D	2.25%
LCII	C	2.23%
PGR	A	2.01%
ALKT	B	2.01%
MOH	F	1.97%
GSHD	A	1.97%
PAYC	B	1.96%
BIGC	B	1.95%
CBRE	B	1.76%
OPCH	D	1.74%
NHC	C	1.72%
PCTY	C	1.71%
RJF	A	1.52%
FI	A	1.51%
APG	B	1.5%
PX	A	1.5%
QRVO	F	1.49%
AJG	A	1.49%
TSN	B	1.49%
BDX	F	1.48%
KFY	B	1.48%
ARMK	B	1.47%
COLM	C	1.46%
MLR	C	1.26%
PPC	C	1.25%
HRB	D	1.25%
FANG	C	1.22%
SMCI	F	1.22%
VRRM	F	1.21%
DVN	F	1.2%
APA	D	1.19%
VST	A	1.04%
ADV	D	1.03%
ITT	A	1.01%
INTC	C	1.01%
AZZ	A	1.01%
NEE	C	1.0%
GEF	A	0.99%
SITE	F	0.98%
ERIE	D	0.76%
SCHW	B	0.75%
PLOW	D	0.74%
ANET	C	0.74%
KFRC	D	0.74%
TFIN	B	0.74%
HCSG	C	0.62%
NTAP	C	0.51%
RMD	C	0.51%
JJSF	C	0.51%
CPRT	B	0.5%
FAST	B	0.5%
JBHT	C	0.5%
ORLY	B	0.5%
SPTN	D	0.5%
SBAC	D	0.5%
SPSC	D	0.5%
SAIC	F	0.5%
USFD	A	0.5%
CSWI	B	0.5%
WCN	A	0.5%
HUBS	A	0.49%
CPT	B	0.49%
WMT	A	0.49%
NEO	C	0.48%

SOVF Underweight 43 Positions Relative to IPDP

Symbol	Grade	Weight
CAH	B	-2.37%
ACN	B	-2.36%
AIT	B	-2.34%
SYK	B	-2.33%
AMP	A	-2.32%
TT	A	-2.31%
SNA	A	-2.31%
HNI	B	-2.3%
GWW	B	-2.29%
COR	B	-2.28%
SEIC	B	-2.28%
HIG	B	-2.27%
TRV	B	-2.27%
CTAS	B	-2.27%
BRO	B	-2.27%
MCK	A	-2.26%
APOG	C	-2.26%
BRC	D	-2.25%
AAPL	C	-2.25%
ABM	B	-2.24%
UNH	B	-2.23%
ABT	B	-2.23%
ETN	A	-2.22%
RGA	A	-2.2%
DOV	A	-2.2%
APH	A	-2.17%
ECL	D	-2.16%
MMC	B	-2.16%
DCI	B	-2.09%
TROW	B	-2.04%
JNJ	C	-2.02%
WTS	B	-1.99%
A	D	-1.78%
AOS	F	-1.74%
MSI	B	-1.72%
KLAC	F	-1.68%
GPC	D	-1.67%
MRK	D	-1.52%
ELV	F	-1.51%
AVGO	D	-0.25%
HD	B	-0.24%
HPQ	B	-0.23%
CSX	C	-0.22%