OCIO vs. FRDM ETF Comparison

Comparison of ClearShares OCIO ETF (OCIO) to Freedom 100 Emerging Markets ETF (FRDM)

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

FRDM

Freedom 100 Emerging Markets ETF

FRDM Description

The investment seeks to track the total return performance, before fees and expenses, of the Freedom 100 Emerging Markets Index (the index). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index is designed to track the performance of a portfolio of approximately 100 equity securities listed in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.26

Average Daily Volume

93,802

Number of Holdings ^*

16

* may have additional holdings in another (foreign) market

Performance

Period	OCIO	FRDM
30 Days	-3.19%	-2.60%
60 Days	-3.03%	0.23%
90 Days	-0.62%	5.07%
12 Months	8.30%	14.61%

0 Overlapping Holdings

	Symbol	Grade	Weight in OCIO	Weight in FRDM	Overlap

OCIO Overweight 15 Positions Relative to FRDM

	Symbol	Grade	Weight
	QQQ	C	5.49%
	IEI	D	4.75%
	SPMO	C	4.64%
	OPER	A	4.5%
	FLOT	A	3.53%
	GVI	B	3.34%
	SCHF	C	3.3%
	SCHK	C	2.92%
	SHY	B	2.84%
	BIL	A	2.62%
	IEF	F	1.9%
	VGIT	D	1.42%
	IXUS	B	1.03%
	SCHP	D	0.84%
	EMXC	B	0.78%

OCIO Underweight 16 Positions Relative to FRDM

	Symbol	Grade	Weight
	TSM	C	-8.72%
	SQM	D	-3.77%
	BCH	A	-2.72%
	VALE	D	-1.92%
	UMC	D	-1.19%
	PKX	D	-1.13%
	CHT	C	-1.11%
	ITUB	D	-1.02%
	GFI	B	-0.84%
	BSBR	B	-0.65%
	CCU	B	-0.42%
	FMX	D	-0.41%
	SSL	F	-0.26%
	CX	D	-0.21%
	BBD	F	-0.13%
	ASR	A	-0.1%

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

FRDM: Top Represented Industries & Keywords

Industries: Banks - Regional - Latin America Beverages - Brewers Semiconductors Airports & Air Services Building Materials Chemicals Gold Industrial Metals & Minerals Oil & Gas Integrated Steel Telecom Services

Keywords: Bank Financial Products Mining Alcohol Cash Management Services Chloride Cola Currency Demand Deposit Deposit Products Distribution Network Drink Factoring Ferrous Fruit Insurance Broker Insurance Brokerage Investment Banking Investment Product Machinery