ZECP vs. CAPE ETF Comparison

Comparison of Zacks Earnings Consistent Portfolio ETF (ZECP) to DoubleLine Shiller CAPE U.S. Equities ETF (CAPE)

ZECP

Zacks Earnings Consistent Portfolio ETF

ZECP Description

The Zacks Earnings Consistent Portfolio ETF seeks to provide long-term total returns and minimize capital loss. The Fund pursues its investment objective by constructing a portfolio of companies that exhibit a track record of moving through recessionary periods with little to minimal impact on aggregate earnings growth relative to the overall equity market.

Grade (RS Rating)

Last Trade

$30.67

Average Daily Volume

34,609

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CAPE

DoubleLine Shiller CAPE U.S. Equities ETF

CAPE Description

The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500®.

Grade (RS Rating)

Last Trade

$29.51

Average Daily Volume

23,434

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ZECP	CAPE
30 Days	1.72%	1.90%
60 Days	8.37%	9.39%
90 Days	4.89%	4.73%
12 Months	29.39%	27.68%

4 Overlapping Holdings

Symbol	Grade	Weight in ZECP	Weight in CAPE	Overlap
GOOGL	B	4.79%	2.89%	2.89%
JPM	C	2.71%	2.61%	2.61%
PG	D	3.05%	3.52%	3.05%
WMT	A	2.62%	2.73%	2.62%

ZECP Overweight 48 Positions Relative to CAPE

Symbol	Grade	Weight
AAPL	C	7.0%
MSFT	D	6.58%
UNH	B	3.08%
LLY	D	2.96%
CAT	A	2.86%
HD	A	2.69%
AXP	A	2.66%
SNPS	F	2.48%
MMC	D	2.19%
CTAS	C	2.16%
NFLX	A	2.11%
HIG	A	2.04%
AEP	C	1.97%
AMP	A	1.89%
PEP	F	1.86%
RSG	D	1.81%
ACN	B	1.81%
ORCL	A	1.56%
AMGN	D	1.54%
MET	A	1.54%
JNJ	D	1.53%
MCO	D	1.48%
HSY	D	1.47%
HON	C	1.38%
MRK	F	1.38%
MAR	A	1.37%
INTU	F	1.33%
TMO	D	1.21%
TXN	C	1.2%
SYK	C	1.18%
SO	A	1.18%
ABT	C	1.16%
PNC	C	1.15%
AWK	D	1.08%
BSX	A	1.07%
MCD	A	1.07%
NEE	C	0.98%
WRB	C	0.98%
GD	C	0.98%
IBM	A	0.97%
MAA	D	0.92%
RTX	A	0.9%
MOH	F	0.88%
DHR	D	0.86%
BLK	A	0.86%
PLD	D	0.77%
CHD	D	0.77%
CAH	B	0.7%

ZECP Underweight 6 Positions Relative to CAPE

Symbol	Grade	Weight
AMZN	C	-5.49%
META	A	-5.16%
TSLA	C	-4.2%
COST	C	-3.39%
BRK.A	B	-3.39%
GOOG	B	-2.43%