DFHY vs. OCIO ETF Comparison

Comparison of TrimTabs Donoghue Forlines Tactical High Yield ETF (DFHY) to ClearShares OCIO ETF (OCIO)

DFHY

TrimTabs Donoghue Forlines Tactical High Yield ETF

DFHY Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Tactical High Yield Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to exchange-traded funds (ETFs) that investment primarily in high yield debt instruments.

Grade (RS Rating)

Last Trade

$20.76

Average Daily Volume

2,525

Number of Holdings ^*

9

* 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

$31.19

Average Daily Volume

1,037

Number of Holdings ^*

14

* may have additional holdings in another (foreign) market

Performance

Period	DFHY	OCIO
30 Days	-1.89%	-2.49%
60 Days	-0.36%	-0.89%
90 Days	-0.53%	0.77%
12 Months	2.31%	9.05%

2 Overlapping Holdings

	Symbol	Grade	Weight in DFHY	Weight in OCIO	Overlap
	IEI	D	9.8%	4.75%	4.75%
	VGIT	F	24.38%	1.42%	1.42%

DFHY Overweight 7 Positions Relative to OCIO

	Symbol	Grade	Weight
	GOVT	F	21.73%
	SCHR	F	15.14%
	USHY	A	3.66%
	HYLB	B	1.81%
	SJNK	B	1.38%
	FALN	B	1.3%
	ANGL	B	1.24%

DFHY Underweight 12 Positions Relative to OCIO

	Symbol	Grade	Weight
	QQQ	C	-5.57%
	SPMO	C	-4.75%
	OPER	A	-4.48%
	FLOT	A	-3.52%
	GVI	D	-3.34%
	SCHF	B	-3.25%
	SCHK	C	-2.91%
	SHY	B	-2.83%
	BIL	A	-2.62%
	IEF	F	-1.9%
	IXUS	B	-1.01%
	SCHP	D	-0.83%

DFHY: Top Represented Industries & Keywords

Industries:

Keywords: Bond Exchange Traded Fund ETF Bloomberg Barclays Us Aggregate Bond Index Corporate Bond High Yield Debt U.S. Treasury Bond Market Indices Index Fund U.S. Government Barclays Bond Market Bond Market Index Exchange Traded Funds Fixed Income Futures Markets Government Bond Government Bonds Ishares Merrill Lynch

OCIO: Top Represented Industries & Keywords

Industries:

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