BTR vs. JMBS ETF Comparison

Comparison of Beacon Tactical Risk ETF (BTR) to Janus Henderson Mortgage-Backed Securities ETF (JMBS)

BTR

Beacon Tactical Risk ETF

BTR Description

The investment seeks to provide long-term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that may engage in active trading. The fund advisor will use a “fund of funds” approach, and seeks to achieve the fund's investment objective by investing in the shares of market sector exchange-traded funds.

Grade (RS Rating)

Last Trade

$26.37

Average Daily Volume

387

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JMBS

Janus Henderson Mortgage-Backed Securities ETF

JMBS Description

The investment seeks a high level of total return consisting of income and capital appreciation. The fund seeks to achieve its investment objective by investing mainly in mortgage-related instruments. Under normal circumstances, it will invest at least 80%, and often times substantially all, of its net assets (plus any borrowings for investment purposes) in a portfolio of mortgage-related fixed income instruments of varying maturities. Additionally, the fund may invest in derivatives.

Grade (RS Rating)

Last Trade

$44.65

Average Daily Volume

394,227

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BTR	JMBS
30 Days	-0.79%	-3.67%
60 Days	0.99%	-2.26%
90 Days	5.91%	-2.13%
12 Months	17.40%	9.03%

0 Overlapping Holdings

	Symbol	Grade	Weight in BTR	Weight in JMBS	Overlap

BTR Overweight 1 Positions Relative to JMBS

	Symbol	Grade	Weight
	VOX	A	9.22%

BTR Underweight 7 Positions Relative to JMBS

Symbol	Grade	Weight
FNCL	B	-0.52%
UWM	C	-0.44%
GOOD	C	-0.42%
CIM	D	-0.24%
GNR	D	-0.01%
FR	D	-0.01%
FN	B	-0.01%

BTR: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Global Industry Classification Standard Industry Classification MSCI EAFE Msci Us Reit Index Stock Market Index Telecommunication Services