DWAT vs. MVFG ETF Comparison

Comparison of Arrow DWA Tactical ETF (DWAT) to Monarch Volume Factor Global Unconstrained Index ETF (MVFG)

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

$11.98

Average Daily Volume

792

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

MVFG

Monarch Volume Factor Global Unconstrained Index ETF

MVFG Description

MVFG is a fund of fund, emphasizing equity ETFs with strong cash flow and adjusting towards treasury ETFs during cash flow challenges. The fund seeks to replicate the performance of its target index, composed of up to 25 equally weighted equity ETFs selected for financial health, alongside treasury ETFs as necessary. Screening US-listed equity ETFs with global exposure, including emerging markets, the fund adheres to specific criteria like no leverage, non-inverse fund structure, assets over $50 million, and a trading history of at least two years. Following the proprietary Volume Factor methodology, it identifies sectors with positive cash flow dynamics. MVFG's adaptable strategy involves adjusting sector allocations in response to financial trends, ensuring a proportional representation of index securities. During market downturns, the fund may increase exposure to treasury ETFs while rebalancing sector weightings to navigate evolving market conditions. MVFG focuses on global market intricacies and aims for diversified positive cash flow strategies.

Grade (RS Rating)

Last Trade

$27.48

Average Daily Volume

6,423

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	DWAT	MVFG
30 Days	2.11%	0.51%
60 Days	4.55%	0.71%
90 Days	7.04%	1.42%
12 Months	23.08%

0 Overlapping Holdings

	Symbol	Grade	Weight in DWAT	Weight in MVFG	Overlap

DWAT Overweight 5 Positions Relative to MVFG

	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 10 Positions Relative to MVFG

	Symbol	Grade	Weight
	XSMO	B	-4.92%
	IWP	A	-4.63%
	XLRE	C	-4.57%
	SPHD	A	-4.51%
	SCHH	C	-4.26%
	CIBR	B	-4.25%
	ESGV	A	-4.25%
	GUNR	D	-3.82%
	ASHR	C	-3.45%
	KWEB	D	-3.26%

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

MVFG: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index Index Fund Real Estate Investment Trust Csi Invesco Powershares Midcap Csi 300 Index Cybersecurity Dividend Dividend Yield Dow Jones Industrial Average Index Exchange Traded Funds Fundamentally Based Indexes Internet Index Invesco Investment Management Investment Trust Msci Kld 400 Social Index