MFUT vs. WBIF ETF Comparison

Comparison of Cambria Chesapeake Pure Trend ETF (MFUT) to WBI Large Cap Tactical Value Shares (WBIF)

MFUT

Cambria Chesapeake Pure Trend ETF

MFUT Description

The fund is an actively-managed ETF that seeks to achieve its investment objective by investing pursuant to a trend following program. Using the trend strategy, the fund will invest in futures contracts and futures-related instruments (such as forwards) and spot contracts in global markets across a wide range of asset classes, including equities, fixed income, currencies and commodities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.53

Average Daily Volume

9,917

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIF

WBI Large Cap Tactical Value Shares

WBIF Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$28.75

Average Daily Volume

1,307

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MFUT	WBIF
30 Days	-5.22%	-2.24%
60 Days	-6.61%	0.60%
90 Days	-5.35%	3.78%
12 Months		10.00%

2 Overlapping Holdings

	Symbol	Grade	Weight in MFUT	Weight in WBIF	Overlap
	ADP	A	3.71%	1.54%	1.54%
	PAYX	B	3.16%	1.39%	1.39%

MFUT Overweight 21 Positions Relative to WBIF

Symbol	Grade	Weight
LMT	D	4.63%
XOM	A	3.12%
PSA	D	2.96%
NOC	D	2.75%
KDP	F	2.74%
GIS	D	2.65%
AAPL	C	2.64%
SRE	C	2.55%
AMT	D	2.23%
LNG	A	2.22%
APD	B	2.21%
EXR	D	1.94%
WHD	B	1.88%
SNY	D	1.85%
UNH	D	1.85%
NEM	D	1.84%
FTNT	B	1.41%
ELV	F	-0.89%
CVX	A	-1.42%
MRK	F	-1.86%
ZBH	C	-3.16%

MFUT Underweight 46 Positions Relative to WBIF

Symbol	Grade	Weight
BDX	D	-4.69%
WRB	D	-4.59%
DTE	C	-4.35%
CI	F	-4.3%
PRU	C	-4.1%
V	A	-4.1%
EME	A	-4.05%
AMAT	F	-3.94%
UNM	A	-3.55%
VOYA	B	-3.32%
RGA	D	-3.06%
CMS	C	-2.98%
PM	B	-2.37%
ACN	C	-2.1%
MLI	A	-1.58%
MCK	C	-1.53%
BYD	A	-1.49%
AXP	B	-1.49%
NXST	A	-1.45%
AME	A	-1.43%
LRCX	F	-1.38%
PRI	B	-1.36%
TXRH	B	-1.32%
RMD	B	-1.31%
OC	B	-1.31%
CASY	B	-1.3%
BR	C	-1.3%
G	C	-1.27%
KBR	B	-1.27%
FLTR	A	-0.78%
FALN	C	-0.77%
AGZD	A	-0.77%
FTSL	A	-0.7%
ALSN	A	-0.64%
SYF	B	-0.64%
EQH	B	-0.6%
THG	C	-0.56%
DOX	B	-0.56%
STIP	C	-0.55%
DCI	A	-0.55%
ALLE	C	-0.54%
GL	C	-0.54%
CBT	A	-0.54%
TOL	D	-0.53%
EG	F	-0.52%
BKLN	A	-0.32%