FIG vs. OCIO ETF Comparison

Comparison of Simplify Macro Strategy ETF (FIG) to ClearShares OCIO ETF (OCIO)

FIG

Simplify Macro Strategy ETF

FIG Description

Fortress Investment Group LLC is a publicly owned investment manager. The firm primarily provides its services to individuals. It also provides its services to high net worth individuals. The firm invests in the fixed income, currency, equity, derivatives, and commodity markets across the globe. It also launches and manages hedge funds, real estate funds, and private equity funds. The firm also invests in private equity specializing in buyout, recapitalization, control-oriented investments in cash flow generating, asset based businesses and also acquire assets or make debt investments. For private equity, it prefers to invest in financial services (particularly loan servicing and consumer finance, real estate, transportation & energy/infrastructure, gaming, real estate, leisure, media and telecommunications, healthcare and senior living. It also invest in energy, power generation equipment?s, consumer discretionary, healthcare facilities, and independent power and renewable electricity procedures. It considers investments in North America, Caribbean and Western Europe for private equity. In distressed situations, the firm will seek to secure corporate ownership or control by working with a company's board of directors or creditor's committee. It prefer to have majority stake in companies. The firm invests in distressed and undervalued assets and tangible and intangible assets such as real estate, capital assets, natural resources, and intellectual property. The firm?s alternative investments include investment in real estate markets, and distressed real estate loan acquisitions. Fortress Investment Group LLC was founded in 1998 and is based in New York City.

Grade (RS Rating)

Last Trade

$21.35

Average Daily Volume

8,504

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

OCIO

ClearShares OCIO ETF

OCIO Description

The investment seeks to outperform a traditional 60/40 mix of global equity and fixed-income investments. The fund is expected to typically invest approximately 40% to 70% of its total assets in underlying funds that principally invest in equity securities of any market capitalization. It is expected to typically invest approximately 20% to 50% of its total assets in underlying funds that principally invest in debt obligations.

Grade (RS Rating)

Last Trade

$32.26

Average Daily Volume

1,045

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	FIG	OCIO
30 Days	-7.23%	4.35%
60 Days	-6.04%	1.76%
90 Days	-6.69%	3.40%
12 Months	-7.18%	12.26%

0 Overlapping Holdings

	Symbol	Grade	Weight in FIG	Weight in OCIO	Overlap

FIG Overweight 6 Positions Relative to OCIO

	Symbol	Grade	Weight
	EQLS	D	23.11%
	TUA	F	14.05%
	CDX	B	11.85%
	CTA	B	11.1%
	SPQ	C	8.75%
	TYA	D	1.71%

FIG Underweight 15 Positions Relative to OCIO

	Symbol	Grade	Weight
	QQQ	C	-5.58%
	SPMO	C	-4.7%
	IEI	C	-4.67%
	OPER	A	-4.37%
	HEFA	A	-3.45%
	SCHF	A	-3.33%
	GVI	C	-3.28%
	SCHK	B	-2.94%
	SHY	A	-2.77%
	BIL	A	-2.55%
	IEF	D	-1.87%
	VGIT	D	-1.4%
	IXUS	A	-1.04%
	SCHP	B	-0.82%
	EMXC	A	-0.78%

FIG: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Funds U.S. Treasury Fixed Income Inverse Exchange Traded Fund Swaps Synthetic Replication Betashares Bond Commodity Markets Credit Default Swap Equity Financial Capital Machine Learning Managed Futures Account Money Market Fund Preferred Stock Risk Parity Securities Market Structured Product Systemic Risk

OCIO: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund U.S. Treasury Bond Bloomberg Barclays Us Aggregate Bond Index Stock Market Index U.S. Government Bond Market Exchange Traded Funds Bond Market Indices Government Bonds Index Fund Betashares Fixed Income MSCI EAFE Merrill Lynch Yield Bear Market ETF Bond Fund Corporate Bond