FDIV vs. OCIO ETF Comparison

Comparison of MarketDesk Focused U.S. Dividend ETF (FDIV) to ClearShares OCIO ETF (OCIO)

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

$28.26

Average Daily Volume

11,108

Number of Holdings ^*

7

* 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

$34.21

Average Daily Volume

776

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	FDIV	OCIO
30 Days	-3.29%	-0.22%
60 Days	-2.77%	0.95%
90 Days	-1.41%	2.63%
12 Months	14.87%	15.60%

0 Overlapping Holdings

	Symbol	Grade	Weight in FDIV	Weight in OCIO	Overlap

FDIV Overweight 7 Positions Relative to OCIO

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

FDIV Underweight 15 Positions Relative to OCIO

	Symbol	Grade	Weight
	QQQ	B	-5.93%
	SPMO	B	-5.24%
	IEI	D	-4.37%
	OPER	A	-4.04%
	HEFA	C	-3.15%
	SCHK	A	-3.1%
	GVI	C	-3.08%
	SCHF	D	-3.03%
	SHY	C	-2.58%
	IEF	F	-1.75%
	VGIT	C	-1.31%
	IXUS	D	-0.95%
	EYLD	D	-0.87%
	EMXC	D	-0.71%
	CGV	D	-0.47%

FDIV: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Debt Securities Qualified Institutional Buyer Stock Fund Structured Finance Advisorshares Banking Bear Market ETF Betashares Bond Bond Market Index Commercial Mortgage Currency Debt Distressed Securities Exchange Traded Funds Financial Market Financial Regulation Government Bonds

OCIO: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond Stock Market Index U.S. Government U.S. Treasury Bond Market Exchange Traded Funds Government Bonds Betashares Bond Market Indices Index Fund MSCI EAFE Bear Market ETF Bond Fund Corporate Bond Currency Debt Dividend