TBFC vs. GAA ETF Comparison

Comparison of The Brinsmere Fund Conservative ETF (TBFC) to Cambria Global Asset Allocation ETF (GAA)

TBFC

The Brinsmere Fund Conservative ETF

TBFC Description

TBFC is designed to deliver multi-asset exposure while seeking long-term capital appreciation with capital preservation. It holds funds that represent the broad equity and bond markets as selected based on a set of risk-management techniques of two independent proprietary strategies. The Systematic Market Beta Strategy (SMB) and the Classic Asset Allocation Revisited Strategy (CAAR) are rules-based, tactical asset allocation investment strategies used to systematically rebalance the funds holdings. The former aims to reduce risk and enhance performance based on market risk assessments, while the latter seeks tactical adaptation to changing market conditions using mean-variance optimization. The fund employs a conservative model of CAAR with a 20% equity floor target and a 40% equity cap. Both strategies are re-evaluated and rebalanced monthly. TBGC launched alongside its sister fund, TBFG, which seeks a growth-focused portfolio.

Grade (RS Rating)

Last Trade

$26.82

Average Daily Volume

1,062

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

GAA

Cambria Global Asset Allocation ETF

GAA Description

The investment seeks to track the performance, before fees and expenses, of the Cambria Global Asset Allocation Index. Under normal market conditions, the fund invests at least 80% of its total assets in the components of the underlying index or in depositary receipts representing components of the underlying index. The underlying index is designed to provide diversified exposure, including inverse exposure, to all of the major world asset classes in the various regions, countries and sectors around the globe.

Grade (RS Rating)

Last Trade

$29.22

Average Daily Volume

9,438

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

Performance

Period	TBFC	GAA
30 Days	-1.13%	0.24%
60 Days	0.28%	-0.74%
90 Days	4.09%	1.42%
12 Months		13.97%

2 Overlapping Holdings

	Symbol	Grade	Weight in TBFC	Weight in GAA	Overlap
	PDBC	C	0.25%	5.72%	0.25%
	VCIT	D	5.58%	2.94%	2.94%

TBFC Overweight 7 Positions Relative to GAA

	Symbol	Grade	Weight
	RSP	A	10.43%
	SHV	A	4.33%
	EMXC	D	3.04%
	IWP	A	2.27%
	MGK	B	1.56%
	XLRE	C	1.42%
	BCI	C	1.23%

TBFC Underweight 17 Positions Relative to GAA

	Symbol	Grade	Weight
	EYLD	D	-9.31%
	GVAL	D	-5.64%
	QMOM	A	-5.61%
	VAMO	A	-4.66%
	FYLD	D	-4.56%
	SYLD	A	-4.25%
	BAR	C	-4.12%
	HYEM	A	-4.01%
	JPMB	D	-2.94%
	SCHP	D	-2.63%
	WIP	F	-2.25%
	IMOM	D	-2.02%
	IHY	D	-1.97%
	VGIT	D	-1.9%
	VGLT	D	-1.82%
	GDX	C	-1.08%
	BOXX	A	-0.98%

TBFC: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index Bloomberg Barclays Us Aggregate Bond Index Bond Capitalization Weighted Index Commodity Markets Bear Market ETF Bloomberg Commodity Index Bond Fund Bond Market Bond Market Indices Commodity Commodity Price Index Commodity Price Indices Commodity Trading Advisor Corporate Bond Economic Geography Emerging Market Exchange Traded Funds

GAA: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Bond Market Indices Index Fund Merrill Lynch Bloomberg Barclays Us Aggregate Bond Index Fixed Income Inflation Shareholder Yield Stock Fund U.S. Treasury Corporate Bond Debt Securities Dividend Government Bond High Yield Debt Investment Management Stock Market Index U.S. Government