TGLR vs. EQTY ETF Comparison

Comparison of LAFFER TENGLER Equity Income ETF (TGLR) to Kovitz Core Equity ETF (EQTY)

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

$29.73

Average Daily Volume

1,107

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EQTY

Kovitz Core Equity ETF

EQTY Description

The Kovitz Core Equity ETF seeks long-term capital appreciation. Through our fundamental, research-driven process, we strive to build diversified portfolios of equity investments through the purchase of competitively advantaged and financially strong companies at prices substantially less than our estimate of their intrinsic values.

Grade (RS Rating)

Last Trade

$23.18

Average Daily Volume

39,751

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TGLR	EQTY
30 Days	2.68%	2.16%
60 Days	9.24%	8.08%
90 Days	7.12%	6.28%
12 Months	32.45%	30.37%

1 Overlapping Holdings

	Symbol	Grade	Weight in TGLR	Weight in EQTY	Overlap
	AXP	A	4.62%	4.3%	4.3%

TGLR Overweight 9 Positions Relative to EQTY

Symbol	Grade	Weight
ORCL	B	4.86%
AVGO	C	4.54%
ABBV	A	4.43%
MSFT	D	4.39%
JPM	D	4.38%
WMT	A	4.29%
CARR	A	4.23%
RTX	A	3.99%
HD	A	3.97%

TGLR Underweight 9 Positions Relative to EQTY

Symbol	Grade	Weight
META	A	-4.61%
GOOG	B	-4.53%
BDX	B	-4.51%
AMZN	C	-4.31%
KEYS	B	-4.18%
J	D	-4.07%
PM	C	-4.05%
ICE	A	-3.72%
BRK.A	C	-3.63%