OCIO vs. LCR ETF Comparison

Comparison of ClearShares OCIO ETF (OCIO) to Leuthold Core ETF (LCR)

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

$34.36

Average Daily Volume

775

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

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

$35.76

Average Daily Volume

19,387

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	OCIO	LCR
30 Days	0.25%	1.16%
60 Days	1.41%	1.53%
90 Days	2.21%	2.21%
12 Months	15.88%	15.50%

2 Overlapping Holdings

	Symbol	Grade	Weight in OCIO	Weight in LCR	Overlap
	IEF	F	1.75%	1.69%	1.69%
	SHY	D	2.58%	8.96%	2.58%

OCIO Overweight 13 Positions Relative to LCR

	Symbol	Grade	Weight
	QQQ	B	5.93%
	SPMO	A	5.24%
	IEI	D	4.37%
	OPER	A	4.04%
	HEFA	D	3.15%
	SCHK	A	3.1%
	GVI	D	3.08%
	SCHF	D	3.03%
	VGIT	D	1.31%
	IXUS	D	0.95%
	EYLD	D	0.87%
	EMXC	D	0.71%
	CGV	D	0.47%

OCIO Underweight 7 Positions Relative to LCR

	Symbol	Grade	Weight
	XLC	A	-9.44%
	SPDN	F	-2.99%
	IAK	A	-2.66%
	BWX	F	-2.5%
	IBND	F	-1.27%
	GDX	C	-1.06%
	MBB	D	-0.97%

OCIO: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond Stock Market Index U.S. Government U.S. Treasury Bond Market Exchange Traded Funds Government Bonds Betashares Bond Market Indices Index Fund MSCI EAFE Bear Market ETF Bond Fund Corporate Bond Currency Debt Dividend

LCR: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Government Bonds U.S. Government U.S. Treasury American Depositary Receipt Barclays Bear Market ETF Bond Market Indices Direxion Dow Jones U.S. Select Dividend Total Return Index Exchange Traded Funds Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association Freddie Mac Global Industry Classification Standard