RAAX vs. GMOM ETF Comparison

Comparison of VanEck Vectors Real Asset Allocation ETF (RAAX) to Cambria Global Momentum ETF (GMOM)

RAAX

VanEck Vectors Real Asset Allocation ETF

RAAX Description

The investment seeks long-term total return. The fund invests, under normal circumstances, primarily in (i) exchange traded products that provide exposure to real assets through investment in domestic and foreign equity and debt securities, master limited partnerships ("MLPs"), and physical commodities, including ETFs and non-1940 Act (defined herein) commodity pools or commodity trusts and exchange traded notes ("ETNs") (collectively, "ETPs"); and (ii) cash or cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.18

Average Daily Volume

13,529

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

GMOM

Cambria Global Momentum ETF

GMOM Description

The investment seeks to preserve and grow capital from investments in the U.S. and foreign equity, fixed income, commodity and currency markets, independent of market direction. The fund is considered a "fund of funds" that seeks to achieve its investment objective by primarily investing in other exchange-traded funds and other exchange traded products including, but not limited to, exchange-traded notes, exchange traded currency trusts, closed-end funds, and real estate investment trusts that offer diversified exposure, including inverse exposure, to global regions, countries, styles and sectors.

Grade (RS Rating)

Last Trade

$29.96

Average Daily Volume

8,036

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	RAAX	GMOM
30 Days	0.74%	-0.65%
60 Days	3.83%	1.51%
90 Days	7.45%	4.49%
12 Months	15.70%	14.54%

2 Overlapping Holdings

	Symbol	Grade	Weight in RAAX	Weight in GMOM	Overlap
	GDX	C	1.28%	5.38%	1.28%
	REZ	D	6.97%	5.95%	5.95%

RAAX Overweight 7 Positions Relative to GMOM

	Symbol	Grade	Weight
	PIT	D	21.07%
	EINC	A	12.18%
	PAVE	B	5.78%
	NLR	B	2.51%
	SLX	B	1.99%
	PHO	C	1.32%
	MOO	F	1.2%

RAAX Underweight 8 Positions Relative to GMOM

	Symbol	Grade	Weight
	EYLD	D	-10.95%
	VBR	B	-6.55%
	SYLD	B	-6.18%
	EXI	C	-5.98%
	BAR	C	-5.78%
	FYLD	D	-5.78%
	DBP	C	-5.78%
	JXI	C	-5.73%

RAAX: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund American Depositary Receipt Exchange Traded Funds Agribusiness Agricultural Products Agriculture Agronomy Aquaculture Commodity Commodity Markets Depositary Receipt Energy Infrastructure Exchange Traded Products Farm Machinery Fertilizer Food Industry Gold Mining Gold Mining Industry Investment Trust

GMOM: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Shareholder Yield Dividend Exchange Traded Funds S&P Dow Jones S&P Global Stock Market Index American Depositary Receipt CME Group Cash Flows Commodity Price Indices Equity Financial Capital Gold Mining Gold Mining Industry Index Fund Invesco Powershares Investment Trust Nyse Arca Gold Miners Index