BYLD vs. KDRN ETF Comparison

Comparison of iShares Yield Optimized Bond ETF (BYLD) to Kingsbarn Tactical Bond ETF (KDRN)

BYLD

iShares Yield Optimized Bond ETF

BYLD Description

The investment seeks to track the investment results of an index composed of underlying fixed income funds that collectively seek to deliver current income. The fund invests primarily in underlying funds that themselves seek investment results corresponding to their own underlying indexes. The fund also invests in a combination of other exchange-traded funds ("ETFs") (including other iShares ETFs), cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates ("BlackRock Cash Funds"). The underlying index is a broadly diversified fixed income index that seeks to deliver current income.

Grade (RS Rating)

Last Trade

$22.43

Average Daily Volume

64,798

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

KDRN

Kingsbarn Tactical Bond ETF

KDRN Description

Kingsbarn Tactical Bond ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Kingsbarn Capital Management, LLC and Vident Investment Advisory, LLC. It invests through funds and through derivatives such as futures in the fixed income markets of global region. The funds invest in corporate debt obligations, obligations issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, municipal debt obligations, bank obligations, mortgage-related securities and asset-backed securities, commercial paper, repurchase agreements. The fund seeks to invest in securities of any maturity. Kingsbarn Tactical Bond ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$23.45

Average Daily Volume

570

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	BYLD	KDRN
30 Days	0.06%	-0.59%
60 Days	-1.25%	-1.80%
90 Days	0.51%	0.07%
12 Months	8.88%	7.95%

1 Overlapping Holdings

	Symbol	Grade	Weight in BYLD	Weight in KDRN	Overlap
	SGOV	A	24.01%	20.26%	20.26%

BYLD Overweight 5 Positions Relative to KDRN

	Symbol	Grade	Weight
	IGLB	D	25.45%
	USHY	A	20.23%
	EMHY	A	10.17%
	FLOT	A	10.11%
	CMBS	C	9.93%

BYLD Underweight 2 Positions Relative to KDRN

	Symbol	Grade	Weight
	MBB	D	-20.1%
	IEF	F	-19.6%

BYLD: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Swaps Bond Market Corporate Bond Index Fund Cash And Cash Equivalents Commercial Mortgage Commercial Mortgage Backed Security Commercial Mortgage Securities Association Futures Markets High Yield Debt Money Market Fund Morningstar Mlp Composite Index Tr Mortgage Mortgage Backed Security Public–Private Investment Program For Legacy Assets Salomon Big Structured Finance

KDRN: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Cash And Cash Equivalents Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association Freddie Mac Government Bonds Government National Mortgage Association Mortgage Backed Security Mortgage Loan Public–Private Investment Program For Legacy Assets Residential Mortgage Backed Security Swaps U.S. Government U.S. Treasury Us Treasury