ZSC vs. UTES ETF Comparison

Comparison of USCF Sustainable Commodity Strategy Fund (ZSC) to Reaves Utilities ETF (UTES)

ZSC

USCF Sustainable Commodity Strategy Fund

ZSC Description

The fund advisor seeks to provide broad exposure to commodities across three different sustainability focused themes: agriculture, renewable energy and electrification. In order to provide such exposure, the fund will invest primarily in derivatives instruments for which the underlying assets are commodities and equity securities that are economically tied to particular commodities. The fund"s exposure to each of the three sustainability themes will be approximately equally weighted. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.96

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UTES

Reaves Utilities ETF

UTES Description

ETFis Series Trust I - Reaves Utilities ETF is an exchange traded fund launched and managed by Virtus ETF Advisers LLC. The fund is co-managed by W. H. Reaves & Co., Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the utilities sector. It invests in dividend yielding stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stock picking approach with a focus on factors such as conservative capital structures, solid balance sheets, history of and/or potential for growing earnings and raising dividends, lower-than-market levels of volatility, correlation or similar characteristics earnings and cash flow potential, dividend prospects and tax treatment of dividends, strength of business franchises and estimates of net asset value to create its portfolio. ETFis Series Trust I - Reaves Utilities ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$69.05

Average Daily Volume

86,356

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ZSC	UTES
30 Days	-3.22%	5.44%
60 Days	-2.13%	8.91%
90 Days	-0.13%	21.87%
12 Months	-11.76%	59.87%

1 Overlapping Holdings

	Symbol	Grade	Weight in ZSC	Weight in UTES	Overlap
	NEE	D	0.65%	14.41%	0.65%

ZSC Overweight 11 Positions Relative to UTES

Symbol	Grade	Weight
ZSB	F	34.11%
FSLR	F	1.7%
CSIQ	F	1.28%
ARRY	C	1.16%
RUN	F	0.62%
RNW	D	0.6%
TPIC	F	0.44%
ORA	B	0.35%
ENPH	F	0.28%
HXL	D	0.26%
AMRC	F	0.12%

ZSC Underweight 15 Positions Relative to UTES

Symbol	Grade	Weight
VST	B	-13.81%
CEG	D	-10.62%
SRE	A	-5.08%
ETR	B	-4.74%
PNW	B	-4.63%
PEG	A	-4.51%
PPL	B	-4.4%
ATO	A	-4.39%
XEL	A	-4.26%
PNM	F	-4.21%
IDA	A	-3.87%
NI	A	-3.82%
DTE	C	-3.69%
CMS	C	-2.68%
CNP	B	-1.69%