FDIV vs. ARP ETF Comparison

Comparison of MarketDesk Focused U.S. Dividend ETF (FDIV) to PMV Adaptive Risk Parity ETF (ARP)

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

$28.40

Average Daily Volume

10,908

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARP

PMV Adaptive Risk Parity ETF

ARP Description

The PMV Adaptive Risk Parity ETF (the “Fund”) is an actively managed fund that seeks to generate capital appreciation, with lower volatility and reduced correlation to the overall equity market, by taking advantage of broad asset class trends throughout the market cycle.

Grade (RS Rating)

Last Trade

$28.76

Average Daily Volume

3,265

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDIV	ARP
30 Days	-0.99%	-0.77%
60 Days	-1.34%	0.21%
90 Days	-1.16%	1.24%
12 Months	15.90%	16.52%

0 Overlapping Holdings

	Symbol	Grade	Weight in FDIV	Weight in ARP	Overlap

FDIV Overweight 7 Positions Relative to ARP

Symbol	Grade	Weight
FIXD	D	32.03%
HYLS	B	20.47%
LMBS	D	15.21%
FSIG	C	10.14%
LGOV	D	7.26%
FEMB	F	4.77%
FPE	C	2.56%

FDIV Underweight 5 Positions Relative to ARP

Symbol	Grade	Weight
SHV	A	-20.23%
PHYS	C	-18.55%
QQQ	B	-5.27%
USDU	A	-3.11%
PDBC	C	-1.46%

FDIV: Top Represented Industries & Keywords

Industries:

ARP: Top Represented Industries & Keywords

Industries: