CVRD vs. MFUT ETF Comparison

Comparison of Madison Covered Call ETF (CVRD) to Cambria Chesapeake Pure Trend ETF (MFUT)

CVRD

Madison Covered Call ETF

CVRD Description

The fund will seek to achieve its objectives by (1) investing in common stocks of equity securities that pay dividends and (2) writing (i.e., selling) covered call options on a substantial portion of its portfolio of securities. Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of companies, including other investment companies.

Grade (RS Rating)

Last Trade

$19.58

Average Daily Volume

6,650

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MFUT

Cambria Chesapeake Pure Trend ETF

MFUT Description

The fund is an actively-managed ETF that seeks to achieve its investment objective by investing pursuant to a trend following program. Using the trend strategy, the fund will invest in futures contracts and futures-related instruments (such as forwards) and spot contracts in global markets across a wide range of asset classes, including equities, fixed income, currencies and commodities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.73

Average Daily Volume

10,045

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CVRD	MFUT
30 Days	0.26%	-1.67%
60 Days	1.28%	-6.54%
90 Days	1.98%	-6.04%
12 Months	8.96%

5 Overlapping Holdings

Symbol	Grade	Weight in CVRD	Weight in MFUT	Overlap
AMT	C	1.67%	2.01%	1.67%
APD	A	2.37%	2.23%	2.23%
CSCO	B	3.92%	1.56%	1.56%
HON	C	2.35%	2.0%	2.0%
STZ	D	2.89%	-3.19%	-3.19%

CVRD Overweight 37 Positions Relative to MFUT

Symbol	Grade	Weight
LVS	B	3.7%
CME	B	3.69%
GOOG	C	3.44%
ADBE	C	3.24%
V	A	3.17%
PYPL	B	3.02%
MDT	D	2.82%
CMCSA	B	2.81%
TMUS	B	2.59%
ABT	B	2.55%
MSFT	D	2.49%
ACN	B	2.33%
AES	F	2.19%
A	D	2.18%
UPS	C	2.1%
AMZN	C	2.08%
EMR	B	2.04%
MCHP	F	2.04%
ADM	D	1.98%
AMD	F	1.86%
TXN	C	1.77%
LH	B	1.72%
LOW	C	1.7%
PEP	F	1.67%
MTDR	B	1.6%
APH	A	1.57%
HPE	B	1.54%
UNP	C	1.52%
JNJ	C	1.47%
GLW	B	1.43%
DHR	F	1.42%
COP	C	1.32%
FAST	B	1.26%
ROST	D	1.03%
RIG	D	0.83%
DLTR	F	0.8%
APA	D	0.66%

CVRD Underweight 23 Positions Relative to MFUT

Symbol	Grade	Weight
LMT	D	-4.51%
ADP	A	-3.96%
PAYX	B	-3.32%
XOM	B	-3.22%
PSA	C	-3.04%
SRE	A	-2.85%
NOC	D	-2.74%
AAPL	C	-2.68%
LNG	A	-2.68%
GIS	D	-2.55%
KDP	F	-2.46%
EA	A	-2.06%
UNH	B	-2.02%
EXR	C	-1.97%
SNY	F	-1.74%
FTNT	C	-1.73%
NEM	D	-1.36%
TSLA	B	-0.64%
TEAM	A	-0.49%
ELV	F	--0.86%
DOW	F	--2.23%
MRK	D	--2.39%
ZBH	C	--3.54%