TGLR vs. DIA ETF Comparison

Comparison of LAFFER TENGLER Equity Income ETF (TGLR) to SPDR Dow Jones Industrial Average ETF (DIA)

TGLR

LAFFER TENGLER Equity Income ETF

TGLR Description

TGLR aims to provide long-term capital appreciation by actively selecting between 25-35 US large-cap stocks. The stocks selected are expected to produce above-market dividend yield with low turnover. The strategy is based on two valuation metrics the sub-adviser believes to be consistent indicators of company value: relative dividend yield and relative price-to-sales ratio. The metrics help determine over- and under valuation, security by security. The sub-adviser then conducts proprietary fundamental factor research to identify stocks for portfolio selection. The research considers both qualitative and quantitative factors such as: catalyst for outperformance, franchise value and market growth, firm management, sales or revenue growth, margins, positive free cash flow, dividend growth, P/E, asset turnover, leverage, and risk. The primary indicator for a stock sell is when the stocks dividend yield is lower than the S&P 500 Index, a sell range is determined.

Grade (RS Rating)

Last Trade

$29.67

Average Daily Volume

1,323

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DIA

SPDR Dow Jones Industrial Average ETF

DIA Description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones Industrial Average (the DJIA). The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the DJIA, with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the DJIA. The companies represented by the 30 stocks now comprising the DJIA are all leaders in their respective industries, and their stocks are widely held by individuals and institutional investors.

Grade (RS Rating)

Last Trade

$420.42

Average Daily Volume

2,953,063

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TGLR	DIA
30 Days	-0.20%	-0.32%
60 Days	2.47%	1.35%
90 Days	9.03%	6.30%
12 Months	30.83%	26.45%

10 Overlapping Holdings

Symbol	Grade	Weight in TGLR	Weight in DIA	Overlap
AAPL	C	2.51%	3.59%	2.51%
AXP	A	4.67%	4.27%	4.27%
CVX	A	2.94%	2.31%	2.31%
GS	B	3.55%	8.17%	3.55%
HD	B	4.11%	6.12%	4.11%
JNJ	D	3.02%	2.5%	2.5%
JPM	A	4.2%	3.5%	3.5%
MCD	C	3.89%	4.54%	3.89%
MSFT	D	4.39%	6.74%	4.39%
WMT	A	4.38%	1.27%	1.27%

TGLR Overweight 19 Positions Relative to DIA

Symbol	Grade	Weight
ORCL	B	5.76%
AVGO	B	4.83%
CARR	D	4.19%
ABBV	A	4.13%
RTX	C	3.83%
TXN	A	3.4%
LHX	A	3.05%
NXPI	C	2.92%
SBUX	A	2.89%
STLD	A	2.79%
EMR	B	2.69%
GOOGL	A	2.51%
EOG	D	2.51%
LRCX	F	2.48%
DELL	A	2.32%
PLD	F	2.32%
PEP	D	2.22%
MDT	B	2.19%
NEE	D	1.84%

TGLR Underweight 20 Positions Relative to DIA

Symbol	Grade	Weight
UNH	C	-8.77%
CAT	B	-5.91%
AMGN	C	-4.92%
CRM	A	-4.62%
V	A	-4.52%
TRV	B	-3.9%
IBM	C	-3.19%
HON	B	-3.18%
AMZN	A	-3.0%
PG	D	-2.59%
BA	F	-2.4%
MMM	D	-1.99%
MRK	F	-1.63%
DIS	C	-1.48%
NKE	F	-1.19%
KO	D	-1.03%
CSCO	B	-0.87%
DOW	F	-0.77%
VZ	D	-0.64%
INTC	C	-0.35%