FEDX

Emles Federal Contractors ETF
*Unless otherwise stated, data provided by FactSet.

FEDX Fund Description

FEDX tracks a market-cap-weighted index of fundamentally-selected US firms that derive a large portion of their revenue from Federal contracts.

FEDX Factset Analytics Insight

FEDX is one of the first ETFs from the issuer and first to target its exposure to companies that generate a significant portion of their revenue from US government contracts. The index is constructed from public information available on USAspending.gov, the official source for government spending data. Companies that have at least 40% revenue exposure to Federal contracts in the previous fiscal year (ending each September 30), and meet certain minimum size and liquidity requirements are eligible for inclusion in the index. Companies are analyzed based on a methodology that uses annual reports, business descriptions and financial news, to rate and weight the company’s degree of exposure to sub-themes: aerospace & defense, information technology, cybersecurity and healthcare. FEDX, however, is not limited to these sub-themes, in fact, it may hold any company so long as it meets the revenue exposure requirement. The underlying index is rebalanced quarterly and aims for a weighted average federal contract revenue exposure of 50% or above.

FEDX MSCI ESG Analytics Insight

Emles Federal Contractors ETF has an MSCI ESG Fund Rating of A based on a score of 6.29 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Emles Federal Contractors ETF ranks in the 55th percentile within its peer group and in the 49th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FEDX MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 09/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FEDX -4.05% -7.82% 3.07% -- -- -- --
FEDX (NAV) -3.50% -6.13% 4.11% -- -- -- --
Emles Federal Contractors Index -- -- -- -- -- -- --
MSCI USA IMI -0.15% 4.67% 19.15% 42.12% 17.25% 17.80% 17.01%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FEDX Summary Data

Emles
10/15/20
Open-Ended Fund
0.60%
$2.07M
$14.71K
0.21%

FEDX Portfolio Data

$38.56B
20.16
3.10
--
10/26/21
19

FEDX Index Data

Emles Federal Contractors Index
Market Cap
Revenue
MSCI USA IMI

FEDX Portfolio Management

0.60%
--
--
--

FEDX Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FEDX Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
High
Daily

FEDX Factset Analytics Block Liquidity

As of 09/24/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FEDX. FEDX is rated a 4 out of 5.

FEDX Tradability

539
$14.71K
222
$5.96K
0.21%
$0.06
0.03%
8.36% / -0.43%
None
100.00%
25,000
0.01
0.03%
0.09%
0
$27.86
4

FEDX Sector/Industry Breakdown


FEDX
Segment Benchmark
64.85%
9.39%
28.37%
33.32%
3.66%
13.22%
3.13%
14.15%

FEDX Countries


FEDX
Segment Benchmark
100.00%
99.93%
--
0.07%

FEDX Regions


FEDX
Segment Benchmark
100.00%
100.00%

FEDX Economic Development


FEDX
Segment Benchmark
100.00%
100.00%

FEDX Performance Statistics

0.44
0.80
0.84
0.69
0.80%
MSCI USA IMI

FEDX MSCI ESG Ratings

6.29 / 10
49.02
54.90
82.49%
0.59%
16.98

FEDX Benchmark Comparison Holdings

19
2473
19
1.01%

FEDX Benchmark Comparison Summary


FEDX
Segment Benchmark
19
2473
$38.56B
$472.14B
20.16
32.97
3.10
4.43
2.11%
1.25%
High
Low

FEDX Benchmark Comparison Market Cap Size


FEDX
Segment Benchmark
50.21%
87.50%
39.82%
9.89%
9.97%
2.49%
0.00%
0.12%