PIFI vs. GDMA ETF Comparison

Comparison of ClearShares Piton Intermediate Fixed income ETF (PIFI) to Gadsden Dynamic Multi-Asset ETF (GDMA)

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

$90.48

Average Daily Volume

1,175

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GDMA

Gadsden Dynamic Multi-Asset ETF

GDMA Description

The investment seeks total return. The fund seeks to achieve its investment objective by investing (i) approximately 80% of its total assets with exposure to a variety of asset classes, geographies, and market capitalizations generally based on a long-term view of macroeconomic factors and (ii) approximately 20% of its total assets to add or reduce exposure to one or more asset classes generally based on a short-term view of the market. It may invest in futures contracts to gain long or short exposure to one or more asset classes.

Grade (RS Rating)

Last Trade

$30.31

Average Daily Volume

9,210

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PIFI	GDMA
30 Days	-1.39%	-2.96%
60 Days	-1.08%	-1.38%
90 Days	-1.59%	1.13%
12 Months	-0.20%	7.16%

0 Overlapping Holdings

	Symbol	Grade	Weight in PIFI	Weight in GDMA	Overlap

PIFI Overweight 1 Positions Relative to GDMA

	Symbol	Grade	Weight
	OPER	A	3.1%

PIFI Underweight 18 Positions Relative to GDMA

Symbol	Grade	Weight
SGOV	A	-34.82%
SH	B	-7.51%
PDBC	A	-7.13%
UUP	A	-5.32%
RWM	B	-5.2%
DXJ	A	-3.54%
DBA	A	-3.52%
EPV	B	-1.53%
EFZ	D	-1.5%
EPD	B	-1.14%
TBX	A	-1.02%
FXC	F	-1.0%
YCS	A	-0.99%
ARCH	D	-0.86%
XOM	A	-0.78%
COP	A	-0.73%
CVX	A	-0.73%
EUO	A	-0.56%

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

GDMA: Top Represented Industries & Keywords

Industries: Oil & Gas Integrated Coal Oil & Gas E&P Oil & Gas Midstream