TAGS vs. BNDC ETF Comparison

Comparison of Teucrium Agricultural Fund ETV (TAGS) to FlexShares Core Select Bond Fund (BNDC)

TAGS

Teucrium Agricultural Fund ETV

TAGS Description

The Teucrium Agricultural Fund (NYSE: TAGS) provides investors exposure to four core agricultural commodities, namely, corn, wheat, soybeans, and sugar, without the need for a futures account. TAGS invests directly in shares of the following four Teucrium Funds: Teucrium Corn Fund, Teucrium Soybean Fund, Teucrium Sugar Fund and Teucrium Wheat Fund (the “Underlying Funds”). The Underlying Funds were designed to reduce the effects of backwardation and contango. The investment objective of the Fund is to have the daily changes in percentage terms of the Shares’ NAV reflect the daily changes in percentage terms of a weighted average (the “Underlying Fund Average”) of the NAVs per share of the Underlying Funds. The Fund seeks to achieve its investment objective by investing under normal market conditions in the publicly-traded shares of each Underlying Fund so that the Underlying Fund Average will have a weighting of 25% to each Underlying Fund, and the Fund’s assets will be rebalanced, generally on a daily basis, to maintain the approximate 25% allocation to each Underlying Fund.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

2,899

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

BNDC

FlexShares Core Select Bond Fund

BNDC Description

The investment seeks total return and preservation of capital. The fund invests at least 80% of its net assets in U.S. dollar-denominated investment-grade fixed-income securities either directly or indirectly through exchange-traded funds and other registered investment companies. The fund may invest, without limitation, in mortgage- or asset-backed securities, including to-be-announced transactions, and purchase and sell securities on a when-issued, delayed delivery or forward commitment basis.

Grade (RS Rating)

Last Trade

$21.43

Average Daily Volume

24,545

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	TAGS	BNDC
30 Days	-0.44%	-2.54%
60 Days	2.24%	-1.82%
90 Days	-3.96%	-2.21%
12 Months	-10.07%	-2.21%

0 Overlapping Holdings

	Symbol	Grade	Weight in TAGS	Weight in BNDC	Overlap

TAGS Overweight 4 Positions Relative to BNDC

	Symbol	Grade	Weight
	CORN	B	25.35%
	SOYB	D	25.04%
	WEAT	A	24.91%
	CANE	F	24.68%

TAGS Underweight 9 Positions Relative to BNDC

	Symbol	Grade	Weight
	MBB	D	-24.23%
	IEI	F	-20.92%
	MBSD	C	-12.56%
	SKOR	B	-7.26%
	RAVI	A	-5.52%
	TDTT	C	-2.07%
	IEF	F	-0.99%
	SHY	C	-0.89%
	LKOR	D	-0.49%

TAGS: Top Represented Industries & Keywords

Industries:

Keywords: CBOT Commodity Markets Clearing Services ETF Exchange Traded Fund Futures Futures Exchanges Interest Rate Future Dalian Commodity Exchange Foods Futures Markets Kansas City Board Of Trade Maize Soybean Swaps Us Government Wheat

BNDC: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Bond Market U.S. Treasury Bloomberg Barclays Us Aggregate Bond Index Bond Fund Government Bonds U.S. Government Yield Collateralized Debt Obligation Corporate Bond Mortgage Backed Security Northern Trust Structured Finance Credit Rating Agencies Debt Securities Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association