VOE vs. UPAR ETF Comparison

Comparison of Vanguard Mid-Cap Value ETF - DNQ (VOE) to UPAR Ultra Risk Parity ETF (UPAR)

VOE

Vanguard Mid-Cap Value ETF - DNQ

VOE Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Value Index, a broadly diversified index of value stocks of mid-size U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$167.13

Average Daily Volume

236,463

Number of Holdings ^*

187

* may have additional holdings in another (foreign) market

UPAR

UPAR Ultra Risk Parity ETF

UPAR Description

UPAR Ultra Risk Parity ETF is an exchange traded fund launched and managed by Toroso Investments, LLC. The fund invests in public equity, fixed income and commodity markets of global region. For its equity portion, it invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund uses derivatives such as futures to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests directly and through derivatives in U.S. treasury inflation protected securities and U.S. treasury securities of varying maturities. For its commodity portion, it invests directly and through other funds in gold. UPAR Ultra Risk Parity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$14.64

Average Daily Volume

21,572

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VOE	UPAR
30 Days	3.41%	2.77%
60 Days	10.43%	5.88%
90 Days	12.68%	6.41%
12 Months	33.53%	30.94%

3 Overlapping Holdings

Symbol	Grade	Weight in VOE	Weight in UPAR	Overlap
AWK	D	0.63%	0.13%	0.13%
CF	A	0.34%	0.22%	0.22%
CTVA	A	0.89%	0.57%	0.57%

VOE Overweight 184 Positions Relative to UPAR

Symbol	Grade	Weight
AJG	C	1.44%
CARR	A	1.4%
NEM	C	1.39%
DHI	C	1.26%
OKE	A	1.21%
PCG	C	1.16%
PCAR	D	1.13%
ALL	A	1.12%
URI	C	1.11%
DLR	C	1.1%
FIS	A	1.03%
AMP	A	1.01%
LHX	A	1.01%
PRU	B	0.98%
LEN	C	0.97%
CMI	A	0.96%
KVUE	C	0.95%
CNC	F	0.95%
GIS	C	0.92%
PEG	A	0.91%
ACGL	A	0.91%
EA	D	0.91%
COR	F	0.9%
CTSH	B	0.87%
EXC	C	0.86%
OTIS	A	0.86%
DOW	B	0.85%
GEHC	C	0.83%
NUE	D	0.82%
CBRE	C	0.8%
VICI	C	0.79%
ED	C	0.79%
BKR	B	0.79%
KR	C	0.78%
DFS	A	0.78%
XEL	C	0.77%
HIG	A	0.77%
HPQ	B	0.76%
NDAQ	C	0.75%
IRM	B	0.75%
EIX	C	0.75%
GLW	C	0.73%
AVB	C	0.72%
DD	C	0.71%
PPG	D	0.69%
ADM	F	0.68%
CDW	D	0.68%
BIIB	F	0.67%
WTW	C	0.67%
EBAY	A	0.67%
WAB	A	0.67%
FITB	C	0.66%
WEC	B	0.66%
MTB	A	0.65%
GPN	F	0.64%
WMB	A	0.63%
GRMN	D	0.63%
DAL	C	0.62%
CAH	B	0.62%
GEV	A	0.62%
PHM	C	0.62%
KEYS	B	0.61%
EQR	C	0.61%
IFF	D	0.6%
FTV	C	0.59%
AIG	C	0.58%
DOV	C	0.58%
LYB	B	0.58%
ETR	A	0.58%
SPG	A	0.58%
VTR	C	0.57%
HPE	B	0.57%
STT	A	0.56%
NTAP	D	0.56%
JCI	C	0.55%
FE	C	0.54%
PPL	C	0.53%
ES	D	0.53%
TROW	D	0.53%
ZBH	F	0.53%
DTE	B	0.52%
K	B	0.5%
WY	C	0.5%
RJF	B	0.5%
CBOE	B	0.49%
HBAN	B	0.49%
AEE	A	0.49%
WDC	C	0.48%
CINF	A	0.48%
RF	B	0.48%
ARE	D	0.47%
CMS	A	0.46%
KMI	A	0.46%
BALL	C	0.45%
GPC	D	0.45%
MKC	C	0.45%
LNG	A	0.45%
SYF	A	0.45%
BAX	D	0.44%
ESS	D	0.44%
SYY	D	0.44%
BBY	C	0.44%
OMC	C	0.44%
CLX	C	0.44%
J	F	0.43%
MAA	D	0.43%
HOLX	D	0.43%
PFG	A	0.43%
IR	A	0.42%
CFG	C	0.42%
PKG	B	0.42%
DRI	C	0.42%
DG	F	0.41%
TSN	D	0.41%
AVTR	D	0.4%
SWKS	F	0.4%
NTRS	B	0.4%
ZBRA	B	0.4%
AVY	D	0.4%
WRB	C	0.39%
LUV	B	0.39%
TXT	F	0.39%
EXPD	D	0.39%
DGX	D	0.39%
CNP	B	0.39%
DLTR	F	0.39%
MAS	C	0.39%
D	A	0.38%
IP	C	0.38%
EG	A	0.38%
SSNC	C	0.36%
KEY	B	0.36%
L	C	0.35%
WBD	F	0.35%
ROK	D	0.35%
SWK	C	0.35%
CAG	D	0.34%
LNT	B	0.34%
SNA	C	0.34%
RVTY	C	0.34%
FNF	C	0.34%
UAL	A	0.33%
VST	A	0.33%
NWSA	D	0.32%
GEN	A	0.32%
CE	D	0.32%
VTRS	D	0.32%
NVR	C	0.31%
WPC	C	0.3%
HAL	D	0.28%
STE	D	0.27%
FOXA	B	0.26%
RPRX	D	0.25%
LDOS	A	0.24%
HUBB	A	0.24%
CPB	D	0.22%
HRL	F	0.22%
MKL	B	0.22%
TRU	C	0.21%
MGM	D	0.2%
STLD	C	0.2%
DOC	C	0.18%
MRO	B	0.18%
ZM	B	0.18%
UDR	C	0.17%
NI	A	0.17%
AKAM	D	0.17%
TRMB	B	0.16%
CRBG	B	0.16%
EVRG	C	0.15%
AES	C	0.14%
HST	D	0.14%
BEN	F	0.14%
WBA	F	0.14%
SJM	D	0.13%
LEN	C	0.07%
FOX	B	0.06%
AGR	C	0.06%
WLK	C	0.06%
EDR	A	0.04%
RKT	D	0.03%
SIRI	C	0.01%
NWS	D	0.0%
LSXMK	D	0.0%

VOE Underweight 34 Positions Relative to UPAR

Symbol	Grade	Weight
GLDM	B	-14.24%
VXF	A	-3.3%
DE	C	-1.69%
XOM	A	-1.67%
BHP	B	-1.5%
RIO	B	-1.16%
CVX	B	-0.91%
SCCO	B	-0.9%
FCX	B	-0.72%
TTE	B	-0.54%
VALE	D	-0.52%
FSLR	C	-0.43%
COP	D	-0.41%
ECL	C	-0.36%
BP	F	-0.29%
EQNR	D	-0.24%
ENPH	F	-0.24%
EOG	B	-0.23%
CNH	C	-0.21%
XYL	C	-0.17%
E	C	-0.16%
SQM	D	-0.15%
OXY	D	-0.14%
HES	D	-0.13%
TTC	F	-0.13%
MOS	F	-0.12%
FMC	C	-0.12%
FANG	D	-0.1%
IEX	D	-0.09%
AGCO	D	-0.09%
DVN	F	-0.08%
EC	F	-0.07%
EQT	C	-0.07%
CTRA	D	-0.05%