UTES vs. CSD ETF Comparison

Comparison of Reaves Utilities ETF (UTES) to Guggenheim Spin-Off ETF (CSD)

UTES

Reaves Utilities ETF

UTES Description

ETFis Series Trust I - Reaves Utilities ETF is an exchange traded fund launched and managed by Virtus ETF Advisers LLC. The fund is co-managed by W. H. Reaves & Co., Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the utilities sector. It invests in dividend yielding stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stock picking approach with a focus on factors such as conservative capital structures, solid balance sheets, history of and/or potential for growing earnings and raising dividends, lower-than-market levels of volatility, correlation or similar characteristics earnings and cash flow potential, dividend prospects and tax treatment of dividends, strength of business franchises and estimates of net asset value to create its portfolio. ETFis Series Trust I - Reaves Utilities ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$66.41

Average Daily Volume

45,080

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CSD

Guggenheim Spin-Off ETF

CSD Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Spin-off Index. The fund invests at least 90% of its assets in common stock, ADRs and MLPs that comprise the index and depositary receipts representing common stocks included in the index. It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$80.40

Average Daily Volume

916

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	UTES	CSD
30 Days	17.90%	7.87%
60 Days	27.27%	16.86%
90 Days	26.78%	15.94%
12 Months	70.18%	48.24%

1 Overlapping Holdings

	Symbol	Grade	Weight in UTES	Weight in CSD	Overlap
	CEG	A	12.52%	9.35%	9.35%

UTES Overweight 15 Positions Relative to CSD

Symbol	Grade	Weight
NEE	C	16.41%
VST	A	11.76%
PCG	C	5.55%
CNP	B	4.8%
PEG	A	4.59%
EIX	C	4.36%
ATO	A	4.29%
ETR	A	4.28%
SRE	C	4.07%
PNW	C	4.06%
DTE	B	4.02%
NI	A	3.69%
PNM	B	3.03%
CMS	A	2.85%
IDA	D	1.12%

UTES Underweight 23 Positions Relative to CSD

Symbol	Grade	Weight
GEV	A	-8.36%
GEHC	C	-7.28%
VLTO	A	-7.1%
SOLV	C	-5.35%
CR	A	-4.62%
ESAB	C	-4.62%
GXO	D	-4.48%
UHAL	C	-4.44%
DTM	A	-4.39%
KNF	B	-4.37%
KD	D	-4.15%
OGN	F	-3.87%
VNT	F	-3.65%
RXO	D	-3.37%
NATL	D	-2.38%
PHIN	D	-2.15%
CNXC	F	-2.1%
VSTS	D	-2.06%
VSCO	C	-2.02%
FTRE	F	-1.97%
VMEO	C	-1.03%
EMBC	F	-0.92%
CCSI	C	-0.35%