IYLD vs. OCIO ETF Comparison

Comparison of iShares Morningstar Multi-Asset Income ETF (IYLD) to ClearShares OCIO ETF (OCIO)

IYLD

iShares Morningstar Multi-Asset Income ETF

IYLD Description

The investment seeks to track the investment results of the Morningstar® Multi-Asset High Income IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation. The fund is a fund-of-funds and invests primarily in the securities of the underlying funds that themselves seek investment results corresponding to their own underlying indexes.

Grade (RS Rating)

Last Trade

$19.73

Average Daily Volume

21,919

Number of Holdings ^*

9

* 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

$30.89

Average Daily Volume

967

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	IYLD	OCIO
30 Days	-0.32%	-3.19%
60 Days	1.01%	-3.03%
90 Days	0.44%	-0.62%
12 Months	9.28%	8.30%

2 Overlapping Holdings

	Symbol	Grade	Weight in IYLD	Weight in OCIO	Overlap
	FLOT	A	15.08%	3.53%	3.53%
	SHY	B	4.99%	2.84%	2.84%

IYLD Overweight 7 Positions Relative to OCIO

	Symbol	Grade	Weight
	HYG	B	19.9%
	IGSB	B	14.98%
	PFF	B	14.63%
	IDV	A	10.16%
	DVYE	A	10.13%
	REM	B	5.13%
	LEMB	D	4.96%

IYLD Underweight 13 Positions Relative to OCIO

	Symbol	Grade	Weight
	QQQ	C	-5.49%
	IEI	D	-4.75%
	SPMO	C	-4.64%
	OPER	A	-4.5%
	GVI	B	-3.34%
	SCHF	C	-3.3%
	SCHK	C	-2.92%
	BIL	A	-2.62%
	IEF	F	-1.9%
	VGIT	D	-1.42%
	IXUS	B	-1.03%
	SCHP	D	-0.84%
	EMXC	B	-0.78%

IYLD: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Bond Market Corporate Bond Dividend Yield Index Fund Bloomberg Barclays Us Aggregate Bond Index Bond Market Indices Collateralized Debt Obligation Credit Default Swap Index Currency Dividend Dow Jones Industrial Average Index Dynamic Basic Material Sector Intellidex Index Exchange Traded Funds Government Bonds High Yield Debt High Yield Stocks Ishares

OCIO: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund U.S. Treasury Bond Bloomberg Barclays Us Aggregate Bond Index Bond Market Stock Market Index U.S. Government Index Fund Bond Market Indices Exchange Traded Funds Government Bonds Fixed Income Merrill Lynch Yield Bear Market ETF Betashares Bond Fund Corporate Bond Debt