LCR vs. PIFI ETF Comparison

Comparison of Leuthold Core ETF (LCR) to ClearShares Piton Intermediate Fixed income ETF (PIFI)

LCR

Leuthold Core ETF

LCR Description

The investment seeks capital appreciation and income (or total return). The fund is an actively-managed fund of funds and seeks to achieve its objective by investing primarily in other registered investment companies, including other actively-managed exchange-traded funds (ETFs) and index-based ETFs (collectively, underlying funds), that provide exposure to a broad range of asset classes. The underlying funds may invest in equity securities of U.S. or foreign companies; debt obligations of U.S. or foreign companies or governments; or other investments, such as volatility indexes and managed futures.

Grade (RS Rating)

Last Trade

$32.87

Average Daily Volume

13,187

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

PIFI

ClearShares Piton Intermediate Fixed income ETF

PIFI Description

The investment seeks current income consistent with the long term preservation of capital. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus borrowings for investment purposes) in debt securities and in derivatives and other instruments that have economic characteristics similar to such securities. It principally invests in U.S.-dollar denominated, investment-grade securities and seeks to typically maintain a dollar-weighted average portfolio maturity of zero to ten years. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$90.36

Average Daily Volume

1,184

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	LCR	PIFI
30 Days	-2.28%	-1.38%
60 Days	-0.65%	-0.74%
90 Days	0.95%	-1.18%
12 Months	13.36%	-0.79%

0 Overlapping Holdings

	Symbol	Grade	Weight in LCR	Weight in PIFI	Overlap

LCR Overweight 13 Positions Relative to PIFI

	Symbol	Grade	Weight
	SHY	C	9.74%
	XLC	C	9.18%
	SPDN	B	4.21%
	BWX	F	2.7%
	FENY	A	2.15%
	IAK	B	2.05%
	IEF	F	1.8%
	IEZ	A	1.46%
	IBND	C	1.35%
	MBB	D	1.03%
	SJNK	B	1.01%
	XSW	C	1.01%
	PICK	A	0.68%

LCR Underweight 1 Positions Relative to PIFI

	Symbol	Grade	Weight
	OPER	A	-3.1%

LCR: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Bloomberg Barclays Us Aggregate Bond Index Bond Market Exchange Traded Funds Index Fund Barclays Government Bonds MSCI EAFE U.S. Government U.S. Treasury Bear Market ETF Bond Market Indices Computer Software Direxion Dow Jones U.S. Select Dividend Total Return Index Energy Sector Fannie Mae Federal Home Loan Mortgage Corporation

PIFI: Top Represented Industries & Keywords

Industries:

Keywords: Bear Market ETF Betashares ETF Exchange Traded Fund Exchange Traded Funds Inverse ETF Leveraged ETF Money Market Fund Repurchase Agreement U.S. Government Ultra ETF