KMLM vs. NDOW ETF Comparison

Comparison of KFA Mount Lucas Index Strategy ETF (KMLM) to Anydrus Advantage ETF (NDOW)

KMLM

KFA Mount Lucas Index Strategy ETF

KMLM Description

The investment seeks to provide a total return that, before fees and expenses, exceeds that of the KFA MLM Index over a complete market cycle. The fund seeks to achieve its goal by investing under normal circumstances in commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges that are the same as or similar to those included in the index and debt instruments. The index is a modified version of the MLM Index, which is an index constructed of a portfolio of commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges using a trend following methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.42

Average Daily Volume

84,702

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

NDOW

Anydrus Advantage ETF

NDOW Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of equity securities, fixed income securities and ETFs representing a broad range of asset classes. The fund seeks to provide attractive risk adjusted returns over market cycles by investing in a broadly diversified portfolio. In doing so, the fund seeks to provide investors with 1) reduced correlation to U.S. only stock and bond market movements, and 2) multiple alternative return sources that are independent from traditional U.S. stock and bond markets.

Grade (RS Rating)

Last Trade

$25.52

Average Daily Volume

5,563

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	KMLM	NDOW
30 Days	0.17%	1.85%
60 Days	-0.98%	1.74%
90 Days	0.89%	2.49%
12 Months	-9.84%

0 Overlapping Holdings

	Symbol	Grade	Weight in KMLM	Weight in NDOW	Overlap

KMLM Overweight 1 Positions Relative to NDOW

	Symbol	Grade	Weight
	SCHO	A	51.37%

KMLM Underweight 10 Positions Relative to NDOW

	Symbol	Grade	Weight
	FLIA	A	-9.17%
	IBTH	A	-8.54%
	VGIT	A	-8.52%
	IEI	A	-7.02%
	XEMD	A	-6.17%
	IDMO	C	-5.09%
	SCHI	A	-5.01%
	BSJS	B	-4.53%
	SCHD	B	-4.12%
	USMV	B	-4.11%

KMLM: Top Represented Industries & Keywords

Industries:

Keywords: Bear Market ETF Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Indices ETF Exchange Traded Fund Fixed Income Inverse ETF U.S. Treasury United States Treasury Security Yield

NDOW: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund Bond ETF Stock Market Index Bloomberg Barclays Us Aggregate Bond Index Bond Market U.S. Government U.S. Treasury Bond Fund Bond Market Indices Convertibles Corporate Bond Dividend Dividend Yield Dow Jones Industrial Average Index Exchange Traded Funds Fixed Income Ftse 100 Index Ftse Group Ftse Italy Index Banks