VEGA vs. AESR ETF Comparison

Comparison of AdvisorShares STAR Global Buy-Write ETF (VEGA) to Anfield U.S. Equity Sector Rotation ETF (AESR)

VEGA

AdvisorShares STAR Global Buy-Write ETF

VEGA Description

The investment seeks consistent repeatable returns across all market cycles. The fund is a "fund of funds" and intends to invest primarily in exchange-traded funds ("ETFs") and exchange-traded notes ("ETNs") that seek to track a diversified basket of global indices and investment sectors that meet certain selection criteria. It also may invest, subject to the same selection criteria, in exchange-traded pooled investment vehicles. The Sub-Advisor seeks to achieve the fund's investment objective by using a proprietary overwrite strategy known as Volatility Enhanced Global Appreciation ("VEGA").

Grade (RS Rating)

Last Trade

$39.33

Average Daily Volume

3,257

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AESR

Anfield U.S. Equity Sector Rotation ETF

AESR Description

The investment seeks to outperform traditional large-cap equity indices and styles over full market cycles by investing in various sectors of the equity market. The fund is an actively managed exchange traded fund that normally invests at least 80% of its net assets, including any borrowings for investment purposes, in a diversified portfolio of ETFs that each invest at least 80% of their assets in U.S. equity securities. It may also invest in various types of derivatives, including exchange listed and over the counter futures, options, total return swaps, forwards and repurchase agreements.

Grade (RS Rating)

Last Trade

$14.76

Average Daily Volume

39,589

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VEGA	AESR
30 Days	-3.35%	-3.73%
60 Days	-1.08%	-0.27%
90 Days	1.30%	4.61%
12 Months	9.05%	22.82%

0 Overlapping Holdings

	Symbol	Grade	Weight in VEGA	Weight in AESR	Overlap

VEGA Overweight 5 Positions Relative to AESR

Symbol	Grade	Weight
IUSB	C	17.86%
IWP	C	5.49%
MBB	D	4.29%
DYNF	B	4.07%
GOVT	F	2.71%

VEGA Underweight 16 Positions Relative to AESR

Symbol	Grade	Weight
SMH	B	-12.06%
QQQ	C	-9.79%
XLC	A	-6.89%
NVDA	A	-1.94%
META	A	-1.64%
PWR	A	-1.47%
LLY	C	-1.4%
ANET	C	-1.38%
AMP	B	-1.3%
COST	C	-1.27%
AJG	C	-1.21%
CAH	C	-1.19%
FICO	C	-1.16%
EQIX	D	-1.12%
VRTX	C	-1.1%
XLRE	D	-0.07%