CMDT vs. FDIV ETF Comparison

Comparison of PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) to MarketDesk Focused U.S. Dividend ETF (FDIV)

CMDT

PIMCO Commodity Strategy Active Exchange-Traded Fund

CMDT Description

CMDT aims for total return in excess of a diversified commodity benchmark by actively managing both commodity exposure and the funds collateral. The fund primarily gains exposure through commodity swaps and futures but may also directly invest in commodities and use other commodity-linked derivatives. The fund adviser determines target allocations using proprietary quantitative models that incorporate multi-factors such as historic performance trends and storage costs. Positions established may be long, short, or no positions in the specific commodities suggested by the models. Weighting is at the discretion of the fund adviser. The fund also holds a short-duration of investment grade fixed-income securities to serve as collateral. CMDT obtains its exposure via a Cayman Islands subsidiary, thus avoiding a K-1 form to investors. The fund has a longer investment horizon, not short-term, tactical trading. Investments and returns may be different from the advisers other funds

Grade (RS Rating)

Last Trade

$27.65

Average Daily Volume

46,481

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDIV

MarketDesk Focused U.S. Dividend ETF

FDIV Description

The fund is an actively managed exchange-traded fund ("ETF") that is sub-advised by MarketDesk Indices LLC ("Sub-Adviser"). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, plus the amount of any borrowing for investment purposes, in a portfolio of U.S. companies that pay dividends and expect to grow the dividend over time.

Grade (RS Rating)

Last Trade

$27.00

Average Daily Volume

9,181

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CMDT	FDIV
30 Days	3.51%	-3.23%
60 Days	6.92%	2.96%
90 Days	5.75%	2.63%
12 Months

0 Overlapping Holdings

	Symbol	Grade	Weight in CMDT	Weight in FDIV	Overlap

CMDT Overweight 1 Positions Relative to FDIV

	Symbol	Grade	Weight
	MINT	A	7.88%

CMDT Underweight 7 Positions Relative to FDIV

Symbol	Grade	Weight
FIXD	D	-34.73%
LMBS	C	-15.16%
HYLS	B	-14.97%
FSIG	B	-10.13%
FTSL	A	-7.67%
LGOV	D	-7.31%
FEMB	D	-2.47%

CMDT: Top Represented Industries & Keywords

Industries:

Keywords: Asset And Liability Management Bond Bond Fund Bond Market Debt Securities ETF Exchange Traded Fund Fixed Income Interest Rate PIMCO

FDIV: Top Represented Industries & Keywords

Industries: