SQEW vs. CEFS ETF Comparison

Comparison of LeaderShares Equity Skew ETF (SQEW) to Exchange Listed Funds Trust ETF (CEFS)
SQEW

LeaderShares Equity Skew ETF

SQEW Description

The investment seeks to generate long-term capital growth. The fund is an actively managed exchange traded fund (ETF) that normally invests at least 80% of its net assets, including any borrowings for investment purposes, in equity securities. It employs a contrarian strategy seeking to buy underperforming asset classes and/or factors and sell outperforming asset classes and/or factors based on quantitative research. The fund may have a higher degree of portfolio turnover than funds that seek to replicate the performance of an index.

Grade (RS Rating)

Last Trade

$34.06

Average Daily Volume

15,385

Number of Holdings *

3

* may have additional holdings in another (foreign) market
CEFS

Exchange Listed Funds Trust ETF

CEFS Description The investment seeks to provide capital appreciation and dividend income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds (the "underlying funds"). The advisor expects to invest in underlying funds operated by a diversified group of closed-end fund managers ("underlying fund managers"). The fund normally invests in underlying funds that primarily pursue high yield opportunities.

Grade (RS Rating)

Last Trade

$22.41

Average Daily Volume

61,038

Number of Holdings *

105

* may have additional holdings in another (foreign) market
Performance
Period SQEW CEFS
30 Days 5.02% 4.29%
60 Days 10.50% 10.40%
90 Days 1.61% 5.97%
12 Months 20.00% 42.24%
0 Overlapping Holdings
Symbol Grade Weight in SQEW Weight in CEFS Overlap
SQEW Overweight 3 Positions Relative to CEFS
Symbol Grade Weight
SLYG B 16.17%
SLYV C 6.74%
SPYV A 4.01%
SQEW Underweight 105 Positions Relative to CEFS
Symbol Grade Weight
BIGZ A -12.12%
ASA C -8.22%
BCAT A -5.82%
ADX B -5.52%
BFZ A -5.03%
ASGI A -4.03%
ENX C -3.8%
PDX A -3.35%
NQP C -3.12%
GDV A -3.0%
NXJ B -3.0%
HQL D -2.89%
EVM D -2.23%
BSTZ B -2.22%
BMEZ B -2.16%
HQH D -2.13%
GRX C -1.86%
AFB A -1.8%
VTN B -1.76%
MHI B -1.68%
TEAF A -1.66%
LGI C -1.56%
EDD C -1.35%
VPV B -1.25%
NFJ B -1.2%
ECF A -1.16%
FMN A -1.1%
KSM A -1.09%
NTG A -1.07%
EMO A -1.04%
LEO C -1.03%
AOD A -1.02%
VGM B -1.0%
PGZ C -0.85%
JRI C -0.84%
MAV C -0.84%
NPFD A -0.83%
NBH B -0.76%
DMF C -0.66%
IHD A -0.65%
CEV D -0.64%
GAM B -0.58%
DSM C -0.56%
CXE C -0.47%
HYB B -0.46%
VKQ B -0.41%
BOE B -0.39%
VCV C -0.39%
IDE B -0.32%
NDP A -0.32%
DMB B -0.3%
PCK A -0.26%
VMO B -0.23%
TWN C -0.22%
PEO A -0.22%
CPZ A -0.22%
RA B -0.21%
EOD B -0.19%
GNT B -0.18%
TTP A -0.15%
FGB C -0.13%
AGD B -0.13%
MPA C -0.11%
CMU A -0.1%
CXH B -0.09%
ERH B -0.09%
MFD B -0.08%
TYG A -0.06%
GLO A -0.05%
NML A -0.05%
HEQ A -0.03%
PNI C -0.03%
IGA C -0.03%
GLV A -0.03%
MFM B -0.02%
MUJ B -0.02%
DIAX A -0.02%
KYN A -0.02%
SBI B -0.02%
GLQ B -0.01%
MVT C -0.01%
GF C -0.01%
MUC B -0.01%
BTT B -0.01%
MYN B -0.01%
NAC B -0.01%
MXE D -0.01%
BCV A -0.01%
PFO B -0.01%
ETW A -0.0%
NAN A -0.0%
NMT A -0.0%
MUE B -0.0%
MIY A -0.0%
BNY B -0.0%
BHV C -0.0%
NOM C -0.0%
RMT C -0.0%
VFL A -0.0%
IIF C -0.0%
NAZ B -0.0%
BGY B -0.0%
SWZ C -0.0%
MHN B -0.0%
PYN B -0.0%
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