TBFC vs. HFND ETF Comparison

Comparison of The Brinsmere Fund Conservative ETF (TBFC) to Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)

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 ^*

* may have additional holdings in another (foreign) market

HFND

Unlimited HFND Multi-Strategy Return Tracker ETF

HFND Description

The fund"s portfolio will generally consist of long and short positions in 30 to 50 Underlying ETFs and futures contracts. In addition, the fund may invest in swap agreements. It will not invest in hedge funds. To achieve an appropriate risk/return profile for the fund"s portfolio, the fund will also "short" the securities of Underlying ETFs. It is non-diversified.

Grade (RS Rating)

Last Trade

$22.78

Average Daily Volume

7,151

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TBFC	HFND
30 Days	-1.13%	0.67%
60 Days	0.28%	2.70%
90 Days	4.09%	3.81%
12 Months		11.56%

1 Overlapping Holdings

	Symbol	Grade	Weight in TBFC	Weight in HFND	Overlap
	XLRE	C	1.42%	-1.18%	-1.18%

TBFC Overweight 8 Positions Relative to HFND

Symbol	Grade	Weight
RSP	A	10.43%
VCIT	D	5.58%
SHV	A	4.33%
EMXC	D	3.04%
IWP	A	2.27%
MGK	B	1.56%
BCI	C	1.23%
PDBC	C	0.25%

TBFC Underweight 8 Positions Relative to HFND

Symbol	Grade	Weight
BKLN	A	-4.79%
ICVT	A	-4.42%
CMBS	C	-3.41%
IGHG	A	-2.51%
VFMO	A	-2.11%
VTWO	B	-1.59%
PFF	D	-0.27%
VMBS	D	--0.78%

TBFC: Top Represented Industries & Keywords

Industries: