INC vs. GAA ETF Comparison

Comparison of VanEck Dynamic High Income ETF (INC) to Cambria Global Asset Allocation ETF (GAA)

INC

VanEck Dynamic High Income ETF

INC Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, in ETPs that are registered under the applicable federal securities laws and that invest in securities that generate income. The fund may also invest in U.S. Treasury securities under normal circumstances. It is non-diversified.

Grade (RS Rating)

Last Trade

$26.32

Average Daily Volume

360

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

GAA

Cambria Global Asset Allocation ETF

GAA Description

The investment seeks to track the performance, before fees and expenses, of the Cambria Global Asset Allocation Index. Under normal market conditions, the fund invests at least 80% of its total assets in the components of the underlying index or in depositary receipts representing components of the underlying index. The underlying index is designed to provide diversified exposure, including inverse exposure, to all of the major world asset classes in the various regions, countries and sectors around the globe.

Grade (RS Rating)

Last Trade

$28.76

Average Daily Volume

7,175

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

Performance

Period	INC	GAA
30 Days	-1.88%	1.15%
60 Days	0.65%	4.06%
90 Days	0.35%	5.00%
12 Months	6.68%	11.11%

1 Overlapping Holdings

	Symbol	Grade	Weight in INC	Weight in GAA	Overlap
	HYEM	A	8.62%	3.94%	3.94%

INC Overweight 8 Positions Relative to GAA

	Symbol	Grade	Weight
	ANGL	B	35.57%
	EINC	A	9.48%
	BIZD	A	8.3%
	PFXF	C	8.25%
	DURA	A	4.15%
	SDVY	B	4.12%
	DGRW	C	3.99%
	IHDG	B	3.98%

INC Underweight 18 Positions Relative to GAA

	Symbol	Grade	Weight
	EYLD	A	-10.0%
	SYLD	B	-6.66%
	PDBC	A	-6.28%
	GVAL	A	-5.91%
	FYLD	A	-4.81%
	QMOM	C	-4.61%
	VAMO	A	-4.43%
	BAR	B	-3.84%
	JPMB	C	-2.97%
	VCIT	C	-2.92%
	SCHP	D	-2.65%
	WIP	D	-2.4%
	IMOM	C	-2.02%
	IHY	B	-1.97%
	VGIT	F	-1.91%
	VGLT	D	-1.83%
	GDX	A	-1.01%
	BOXX	A	-0.98%

INC: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Dividend Bond High Yield Debt Index Fund Wisdomtree Investments Bond Fund Bond Market Indices Business Development Business Development Company Corporate Bond Dividend Yield Energy Infrastructure Exchange Traded Funds Financials Investment Management Master Limited Partnership Merrill Lynch Midstream Energy

GAA: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Bond Market Indices Index Fund Merrill Lynch Bloomberg Barclays Us Aggregate Bond Index Fixed Income Inflation Shareholder Yield Stock Fund U.S. Treasury Corporate Bond Debt Securities Dividend Government Bond High Yield Debt Investment Management Stock Market Index U.S. Government