WBIY vs. ESGX ETF Comparison

Comparison of WBI Power Factor High Dividend ETF (WBIY) to Tuttle Capital Shareholders First Index ETF (ESGX)

WBIY

WBI Power Factor High Dividend ETF

WBIY Description

The investment seeks long term-capital appreciation while also seeking to protect principal during unfavorable market conditions. The fund will seek to achieve its investment objective by using a broad and flexible investment strategy and may invest directly in different types of instruments, such as: stocks and bonds issued by public and private companies and bonds issued by governments and governmental agencies ("Direct Investments"); and shares of funds that invest directly in such instruments. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.79

Average Daily Volume

5,947

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ESGX

Tuttle Capital Shareholders First Index ETF

ESGX Description

ESGX invests in US-listed companies determined to have high shareholder value, unencumbered by ESG restrictions, such as political stances or conforming to a greater social goal of stakeholder capitalism. Using a proprietary methodology, the fund assigns stocks with shareholder value creation and financial metric scores. The shareholder value creation score considers information on corporate donations, advocacy, activities, and policies gathered from different data sources. The financial metrics score separately calculates a securitys one-year and five-year price performance, closing price, cash, revenue, debt-to-equity ratio, average dividend yield, profit margin, and market capitalization. Companies are ranked according to the highest shareholder value creation and financial metric scores. The fund selects and weights 50 companies from the resulting sets of filtered companies. The index is rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$25.79

Average Daily Volume

101

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WBIY	ESGX
30 Days	2.50%	-0.71%
60 Days	3.62%	0.93%
90 Days	5.12%
12 Months	25.72%

0 Overlapping Holdings

	Symbol	Grade	Weight in WBIY	Weight in ESGX	Overlap

WBIY Overweight 49 Positions Relative to ESGX

Symbol	Grade	Weight
MO	A	5.35%
KMI	A	5.31%
F	C	5.01%
D	C	4.71%
UPS	C	4.7%
T	A	4.7%
LYB	F	4.58%
VZ	C	4.56%
CAG	F	4.43%
KSS	F	4.13%
BEN	C	3.42%
DINO	D	3.16%
M	F	3.01%
WHR	B	2.98%
CVX	A	2.36%
CRI	F	1.91%
OMF	A	1.9%
VLY	B	1.86%
COLB	B	1.81%
HBAN	A	1.72%
RF	A	1.71%
CFG	B	1.62%
PRU	A	1.52%
CNH	C	1.49%
IPG	D	1.44%
UGI	C	1.4%
WU	F	1.4%
CVS	D	1.29%
FULT	A	1.11%
TNL	A	1.1%
HESM	B	0.99%
MAN	F	0.93%
BKH	A	0.8%
KNTK	A	0.78%
PINC	B	0.76%
CWEN	C	0.72%
DIN	C	0.68%
APAM	B	0.65%
FIBK	B	0.61%
GES	F	0.54%
WSBC	B	0.36%
HOPE	C	0.34%
GSL	F	0.32%
EMBC	C	0.29%
METC	C	0.29%
BRKL	B	0.29%
VRTS	B	0.28%
OCFC	B	0.27%
ASC	F	0.24%

WBIY Underweight 49 Positions Relative to ESGX

Symbol	Grade	Weight
GTLS	A	-2.58%
WST	C	-2.51%
TYL	B	-2.4%
VTRS	A	-2.37%
SEIC	B	-2.33%
NWS	A	-2.33%
RLI	A	-2.33%
VNO	C	-2.3%
GEF	A	-2.27%
TPX	B	-2.26%
JBHT	C	-2.24%
EVRG	A	-2.21%
PNR	A	-2.19%
SLGN	A	-2.17%
VRSN	C	-2.16%
SYY	D	-2.14%
IBOC	B	-2.11%
EHC	B	-2.1%
FFIV	B	-2.08%
KIM	A	-2.07%
SYNA	C	-2.06%
PNW	A	-2.06%
TDY	B	-2.05%
DCI	B	-2.04%
DXCM	C	-2.02%
ROL	B	-2.02%
MANH	D	-1.97%
RVTY	F	-1.95%
KEYS	A	-1.92%
FRT	B	-1.91%
LKQ	F	-1.88%
HST	C	-1.88%
MAA	B	-1.85%
STE	D	-1.82%
POOL	C	-1.82%
CNP	A	-1.81%
SWKS	F	-1.81%
O	C	-1.75%
GPC	D	-1.74%
POST	C	-1.73%
WEX	D	-1.7%
MCHP	F	-1.69%
KNSL	B	-1.67%
EGP	D	-1.67%
BCO	F	-1.54%
LNTH	D	-1.52%
HII	F	-1.45%
QRVO	F	-1.19%
ENPH	F	-1.09%