HFND vs. FXED ETF Comparison

Comparison of Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) to Sound Enhanced Fixed Income ETF (FXED)

HFND

Unlimited HFND Multi-Strategy Return Tracker ETF

HFND Description

The fund"s portfolio will generally consist of long and short positions in 30 to 50 Underlying ETFs and futures contracts. In addition, the fund may invest in swap agreements. It will not invest in hedge funds. To achieve an appropriate risk/return profile for the fund"s portfolio, the fund will also "short" the securities of Underlying ETFs. It is non-diversified.

Grade (RS Rating)

Last Trade

$21.26

Average Daily Volume

10,794

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

FXED

Sound Enhanced Fixed Income ETF

FXED Description

Under normal market conditions, the fund will invest at least 80% of its net assets in fixed income securities. The fund's investments in fixed income securities will typically include U.S. corporate bonds, preferred stock and ETFs that invest in bonds, sovereign debt, and private placement debt securities. It may also invest in fixed income securities issued by U.S. and foreign corporations, securities issued by governments and their agencies, instrumentalities, or sponsored corporations, including supranational organizations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$18.17

Average Daily Volume

8,185

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	HFND	FXED
30 Days	-2.48%	-1.60%
60 Days	0.58%	-0.25%
90 Days	2.58%	0.10%
12 Months	4.73%	10.07%

1 Overlapping Holdings

	Symbol	Grade	Weight in HFND	Weight in FXED	Overlap
	EMHY	A	5.13%	2.56%	2.56%

HFND Overweight 5 Positions Relative to FXED

	Symbol	Grade	Weight
	HYG	B	20.25%
	BKLN	A	7.41%
	EWA	C	7.17%
	VWO	A	5.65%
	VXUS	B	5.07%

HFND Underweight 7 Positions Relative to FXED

	Symbol	Grade	Weight
	HTGC	A	-3.41%
	ARCC	A	-3.31%
	GBDC	A	-3.17%
	SHYG	A	-2.97%
	PFLT	A	-2.88%
	AWF	B	-2.87%
	TSLX	A	-2.73%

HFND: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund Bond Emerging Market Exchange Traded Funds High Yield Debt Stock Market Index Bond Market Bond Market Indices Capitalization Weighted Index Corporate Bond Credit Default Swap Index Economic Geography Ftse Emerging Index Ftse Global Energy Index Invesco Powershares Loan Morningstar Mlp Composite Index Tr Yield

FXED: Top Represented Industries & Keywords

Industries: Asset Management Specialty Finance

Keywords: ETF Exchange Traded Fund Business Development Mezzanine Capital Private Equity Venture Capital Bond Business Development Company Debt Debt Financing Golub Capital High Yield Debt Leveraged Buyout Loan Refinancing Subordinated Debt Advanced Materials Alliancebernstein Batteries Biofuel