DWAT vs. DRSK ETF Comparison

Comparison of Arrow DWA Tactical ETF (DWAT) to Aptus Defined Risk ETF (DRSK)

DWAT

Arrow DWA Tactical ETF

DWAT Description

The investment seeks to achieve long-term capital appreciation with capital preservation as a secondary objective. The fund primarily invests in other exchange traded funds that each invest primarily in domestic and foreign, equity securities of any market capitalization, fixed-income securities of any credit quality, or alternative assets. The fund may invest up to 25% of its total assets in the Tactical Subsidiary. The Tactical Subsidiary will invest primarily in commodity futures, fixed-income securities and cash equivalents, which are intended to serve as margin or collateral for its investments in commodity futures. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$11.90

Average Daily Volume

698

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

DRSK

Aptus Defined Risk ETF

DRSK Description

The investment seeks current income and capital appreciation. The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its objective through a hybrid fixed income and equity strategy. It typically invests approximately 90% to 95% of its assets to obtain exposure to investment-grade corporate bonds (the "Fixed Income Strategy") and invests the remainder of its assets to obtain exposure to large capitalization U.S. stocks, while limiting downside risk (the "Equity Strategy").

Grade (RS Rating)

Last Trade

$27.61

Average Daily Volume

283,059

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

Performance

Period	DWAT	DRSK
30 Days	0.39%	-1.71%
60 Days	4.03%	-2.49%
90 Days	6.31%	-1.25%
12 Months	22.24%	16.72%

0 Overlapping Holdings

	Symbol	Grade	Weight in DWAT	Weight in DRSK	Overlap

DWAT Overweight 5 Positions Relative to DRSK

	Symbol	Grade	Weight
	RPV	A	11.02%
	MTUM	A	8.91%
	PFM	A	8.46%
	PHYS	C	8.24%
	PSLV	D	7.87%

DWAT Underweight 13 Positions Relative to DRSK

	Symbol	Grade	Weight
	IBDT	D	-9.5%
	IBDW	D	-9.34%
	IBDS	D	-8.53%
	IBDU	D	-8.31%
	BSCW	D	-6.88%
	IBDX	D	-6.88%
	IBDV	D	-6.39%
	BSCU	D	-6.27%
	BSCV	D	-5.9%
	BSCT	D	-4.5%
	BSCQ	C	-4.01%
	BSCP	A	-3.97%
	BSCS	C	-2.89%

DWAT: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bullion Mutual Fund Mutual Fund Trust Precious Metals Silver Exchange Traded Product Stock Market Index Capitalization Weighted Index Dividend Exchange Traded Products Index Fund Invesco Powershares MSCI EAFE Msci Us Reit Index Nasdaq Composite Index S&P 500 Index CBOE S&P 500 Publishing & Printing (Sub Ind) Silver Sprott Molybdenum Participation Corporation

DRSK: Top Represented Industries & Keywords

Industries:

Keywords: Bond Exchange Traded Fund Bond Market Bond Fund Corporate Bond Bloomberg Barclays Us Aggregate Bond Index ETF Bond Market Indices Barclays Exchange Traded Funds Merrill Lynch Nasdaq Composite Index Asset And Liability Management Blackrock Bloomberg L.P. Index Fund Index Services Invesco Ishares Merrill Lynch Domestic Master