VLLU vs. COWS ETF Comparison

Comparison of Harbor AlphaEdge Large Cap Value ETF (VLLU) to Amplify Cash Flow Dividend Leaders ETF (COWS)

VLLU

Harbor AlphaEdge Large Cap Value ETF

VLLU Description

The fund employs an indexing investment approach designed to track the performance of the index, which is constructed by Harbor Capital Advisors, Inc. using a proprietary, rules-based methodology. The index consists of equity securities of U.S.-listed companies that exhibit attractive valuation along with positive fundamental and price characteristics according to the index Provider"s methodology. The fund invests at least 80% of its total assets in securities that are included in the index.

Grade (RS Rating)

Last Trade

$21.97

Average Daily Volume

152

Number of Holdings ^*

* may have additional holdings in another (foreign) market

COWS

Amplify Cash Flow Dividend Leaders ETF

COWS Description

COWS is an index tracking fund utilizing a replication strategy. The index strategy aims to invest in US stocks of companies perceived to be stable and pay dividends. The starting investment universe considers the 1000 most liquid US-listed companies, excluding the financial sector. Filtering this universe, the 100 highest ranked free cash flow yielding stocks, as measured by equally weighting the stocks average trailing and forward cash flow yield. Companies with no forward estimates for free cash flow yields or earnings are removed. The investment universe is then filtered to identify dividend paying stocks with three years of uninterrupted dividend growth. Stocks with a payout ratio greater than 75% are eliminated. The top 10% of dividend yielding stocks are selected for the index. This process results in 40-100 stocks being selected and initially equally weighted in the index. Industry exposure is capped at 24%. Index holdings are reconstituted and rebalanced on a quarterly basis.

Grade (RS Rating)

Last Trade

$31.69

Average Daily Volume

6,514

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VLLU	COWS
30 Days	6.02%	8.32%
60 Days	6.70%	7.64%
90 Days		8.17%
12 Months		29.39%

4 Overlapping Holdings

Symbol	Grade	Weight in VLLU	Weight in COWS	Overlap
CMCSA	B	2.06%	2.56%	2.06%
T	A	2.85%	1.6%	1.6%
VLO	C	1.93%	1.89%	1.89%
WSM	B	0.47%	2.17%	0.47%

VLLU Overweight 69 Positions Relative to COWS

Symbol	Grade	Weight
EME	C	3.29%
MO	A	3.13%
CVX	A	3.12%
JPM	A	3.08%
AXP	A	3.01%
HIG	B	2.96%
XOM	B	2.95%
BBY	D	2.91%
BRK.A	B	2.89%
DFS	B	2.84%
HPQ	B	2.82%
COR	B	2.81%
SYY	B	2.75%
CTSH	B	2.49%
BAC	A	2.45%
EOG	A	2.45%
GILD	C	2.34%
TGT	F	2.34%
JXN	C	2.03%
CI	F	2.03%
LPX	B	1.94%
KR	B	1.9%
HRB	D	1.73%
NRG	B	1.54%
MLI	C	1.52%
SYF	B	1.5%
MPC	D	1.44%
FLEX	A	1.42%
PPC	C	1.23%
UHS	D	1.01%
THC	D	0.95%
VZ	C	0.95%
LOW	D	0.94%
PGR	A	0.84%
MATX	C	0.81%
WFC	A	0.6%
ACGL	D	0.6%
CALM	A	0.59%
LOPE	B	0.58%
FTDR	A	0.57%
CAH	B	0.56%
GM	B	0.55%
DIS	B	0.55%
BK	A	0.54%
GS	A	0.54%
DXC	B	0.54%
AMR	C	0.53%
CB	C	0.52%
TSN	B	0.52%
COP	C	0.52%
DBX	B	0.51%
JBL	B	0.5%
C	A	0.5%
BJ	A	0.49%
PFG	D	0.49%
ELV	F	0.49%
L	A	0.49%
MMM	D	0.49%
LEN	D	0.48%
CAT	B	0.48%
NNI	D	0.46%
MTG	C	0.46%
ADM	D	0.45%
RNR	C	0.45%
STNG	F	0.45%
GIS	D	0.45%
MMS	F	0.44%
LDOS	C	0.43%
NVR	D	0.42%

VLLU Underweight 49 Positions Relative to COWS

Symbol	Grade	Weight
VST	B	-4.0%
SNA	A	-2.95%
OC	A	-2.76%
G	B	-2.68%
MRO	B	-2.49%
CF	B	-2.48%
SLB	C	-2.48%
HAL	C	-2.43%
BC	C	-2.42%
FNF	B	-2.35%
FDX	B	-2.31%
EBAY	D	-2.3%
TPR	B	-2.21%
TKR	D	-2.13%
BMY	B	-2.07%
ALSN	B	-2.03%
PARA	C	-2.02%
SM	B	-2.02%
PVH	C	-1.95%
PTEN	C	-1.93%
NXST	C	-1.86%
SWKS	F	-1.84%
BEN	C	-1.8%
BBWI	D	-1.75%
NOV	C	-1.74%
PR	B	-1.74%
MGY	A	-1.73%
MUR	D	-1.72%
MTDR	B	-1.67%
GAP	C	-1.67%
ASO	F	-1.63%
MCK	B	-1.48%
DVN	F	-1.48%
VNT	B	-1.46%
OLN	D	-1.45%
TMUS	B	-1.43%
DNB	B	-1.43%
AYI	B	-1.4%
BWA	D	-1.37%
CSCO	B	-1.34%
AEO	F	-1.33%
LEA	D	-1.33%
RL	B	-1.29%
OGN	D	-1.29%
OSK	B	-1.27%
INGR	B	-1.25%
IPG	D	-1.23%
SAIC	F	-1.19%
ENS	D	-1.12%