XBI vs. MDLV ETF Comparison

Comparison of SPDR S&P Biotech ETF (XBI) to Morgan Dempsey Large Cap Value ETF (MDLV)

XBI

SPDR S&P Biotech ETF

XBI Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the biotechnology segment of a U.S. total market composite index. In seeking to track the performance of the S&P Biotechnology Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the biotechnology industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$96.24

Average Daily Volume

8,531,296

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

MDLV

Morgan Dempsey Large Cap Value ETF

MDLV Description

The investment seeks to provide a high level of current income and long-term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in dividend paying companies that the fund’s sub-adviser, Morgan Dempsey Capital Management, LLC (the “Sub-Adviser”), believes are attractively valued. Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities of large cap companies, which it defines as companies larger than $25 billion in market capitalization.

Grade (RS Rating)

Last Trade

$27.38

Average Daily Volume

8,118

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XBI	MDLV
30 Days	-0.44%	0.14%
60 Days	-2.97%	0.70%
90 Days	-5.18%	3.79%
12 Months	32.40%	20.78%

1 Overlapping Holdings

	Symbol	Grade	Weight in XBI	Weight in MDLV	Overlap
	GILD	C	2.9%	2.61%	2.61%

XBI Overweight 127 Positions Relative to MDLV

Symbol	Grade	Weight
NTRA	B	3.3%
INCY	C	3.29%
UTHR	C	2.88%
NBIX	C	2.62%
VRTX	F	2.62%
INSM	C	2.43%
ALNY	D	2.38%
ABBV	D	2.33%
AMGN	D	2.28%
SRPT	D	2.28%
BIIB	F	2.19%
MDGL	B	2.17%
EXAS	D	2.05%
VKTX	F	2.0%
BMRN	D	1.98%
REGN	F	1.8%
CYTK	F	1.79%
BPMC	C	1.69%
CRSP	D	1.63%
TGTX	B	1.62%
MRNA	F	1.57%
RVMD	C	1.46%
RNA	D	1.32%
KRYS	B	1.29%
HALO	F	1.27%
EXEL	B	1.23%
ADMA	B	1.23%
ROIV	C	1.18%
ALKS	B	1.13%
IONS	F	1.08%
TWST	D	0.93%
PCVX	D	0.9%
IOVA	F	0.88%
BBIO	F	0.87%
APLS	D	0.86%
GERN	D	0.86%
CRNX	C	0.84%
ACLX	C	0.79%
DYN	F	0.78%
ACAD	D	0.78%
SWTX	C	0.77%
AGIO	C	0.76%
BEAM	D	0.72%
RARE	D	0.69%
RXRX	F	0.66%
PTCT	B	0.64%
FOLD	F	0.63%
IMVT	F	0.62%
RYTM	C	0.61%
NUVL	D	0.6%
NTLA	F	0.58%
PTGX	C	0.58%
VERA	B	0.57%
MIRM	B	0.57%
ARWR	F	0.54%
IDYA	F	0.53%
VCYT	B	0.53%
JANX	C	0.51%
SRRK	B	0.49%
DVAX	C	0.49%
NVAX	F	0.47%
ARDX	F	0.47%
VCEL	B	0.46%
DNLI	D	0.46%
KYMR	D	0.45%
SNDX	F	0.44%
AKRO	B	0.43%
CGON	F	0.42%
ARQT	C	0.42%
BCRX	D	0.42%
CPRX	C	0.41%
KROS	D	0.36%
IRON	B	0.34%
MNKD	C	0.34%
CLDX	F	0.34%
NRIX	D	0.33%
SMMT	D	0.33%
VRDN	D	0.3%
RCKT	F	0.28%
DAWN	F	0.28%
MYGN	F	0.27%
IRWD	F	0.26%
TVTX	B	0.26%
CGEM	F	0.25%
CDNA	D	0.24%
KURA	F	0.24%
XNCR	B	0.24%
APLT	B	0.22%
CDMO	B	0.22%
RCUS	F	0.2%
VIR	D	0.2%
EBS	C	0.2%
REPL	B	0.18%
HUMA	F	0.18%
ALT	C	0.18%
SPRY	D	0.18%
AVXL	B	0.17%
ARCT	F	0.17%
ANNX	F	0.16%
STOK	F	0.16%
ETNB	C	0.16%
MDXG	B	0.16%
COGT	D	0.16%
VERV	F	0.15%
RLAY	F	0.14%
OLMA	F	0.13%
IMNM	F	0.13%
PRTA	F	0.13%
OCGN	F	0.12%
ANAB	F	0.12%
FDMT	F	0.12%
SANA	F	0.12%
RGNX	F	0.12%
ALLO	F	0.11%
CELC	F	0.11%
SAGE	F	0.11%
CCCC	F	0.1%
ERAS	C	0.1%
ORIC	F	0.09%
FATE	F	0.08%
SVRA	D	0.08%
ABUS	D	0.07%
KALV	D	0.07%
SCLX	F	0.06%
YMAB	F	0.06%
ITOS	F	0.06%
ALEC	F	0.04%

XBI Underweight 34 Positions Relative to MDLV

Symbol	Grade	Weight
XOM	B	-3.98%
ETR	B	-3.68%
T	A	-3.58%
LMT	D	-3.53%
WEC	A	-3.4%
C	A	-3.34%
CVX	A	-3.32%
PM	B	-3.31%
CMI	A	-3.2%
CSCO	B	-3.17%
IBM	C	-3.17%
PRU	A	-2.98%
CCI	D	-2.79%
BIL	A	-2.77%
VZ	C	-2.76%
GD	F	-2.75%
MDT	D	-2.74%
KO	D	-2.73%
UPS	C	-2.6%
DUK	C	-2.51%
LYB	F	-2.5%
SO	D	-2.44%
ES	D	-2.4%
MRK	F	-2.3%
GIS	D	-2.2%
KHC	F	-2.18%
JNJ	D	-2.11%
PSX	C	-2.04%
PFE	D	-2.03%
PG	A	-1.96%
SBUX	A	-1.74%
MCD	D	-1.64%
RIO	D	-1.41%
HSY	F	-0.98%