VRAI vs. NSI ETF Comparison

Comparison of Virtus Real Asset Income ETF (VRAI) to National Security Emerging Markets Index ETF (NSI)

VRAI

Virtus Real Asset Income ETF

VRAI Description

The investment seeks investment results that correspond the price and yield performance of the Indxx Real Asset Income Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed "Real Asset" companies, as defined by Indxx, LLC, the index provider of the underlying index. The underlying index includes common stock, real estate investment trusts, master limited partnerships, American depositary receipts and global depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.64

Average Daily Volume

1,077

Number of Holdings ^*

78

* may have additional holdings in another (foreign) market

NSI

National Security Emerging Markets Index ETF

NSI Description

The fund invests at least 80% of its total assets in component securities of the index. The index consists of stocks listed on globally recognized stock exchanges that excludes companies benefiting end-users that, in the view of the sponsor of the fund, National Security Index, LLC (the "Sponsor") pose a threat to the national security interests of the United States.

Grade (RS Rating)

Last Trade

$26.79

Average Daily Volume

1,132

Number of Holdings ^*

88

* may have additional holdings in another (foreign) market

Performance

Period	VRAI	NSI
30 Days	1.14%	-5.26%
60 Days	1.21%	-0.77%
90 Days	1.40%	-2.09%
12 Months	15.57%

9 Overlapping Holdings

	Symbol	Grade	Weight in VRAI	Weight in NSI	Overlap
	CIG	B	1.08%	0.12%	0.12%
	EC	D	0.93%	0.16%	0.16%
	ENIC	B	1.15%	0.39%	0.39%
	GFI	D	1.05%	0.35%	0.35%
	GGB	C	1.18%	0.23%	0.23%
	KT	A	1.13%	1.13%	1.13%
	PBR	D	1.08%	1.19%	1.08%
	SBSW	D	1.13%	0.21%	0.21%
	VALE	F	1.09%	0.98%	0.98%

VRAI Overweight 69 Positions Relative to NSI

	Symbol	Grade	Weight
	TS	B	1.4%
	FDP	B	1.33%
	SKT	A	1.28%
	SPOK	B	1.27%
	ROIC	A	1.25%
	NRP	B	1.25%
	CCOI	B	1.24%
	GPRK	C	1.23%
	CTRA	B	1.21%
	DMLP	A	1.21%
	EOG	A	1.2%
	KIM	A	1.2%
	PNM	B	1.2%
	NI	A	1.19%
	ARLP	A	1.19%
	IVT	A	1.18%
	SBR	B	1.17%
	WEC	A	1.17%
	APLE	B	1.17%
	OVV	B	1.17%
	RHP	B	1.17%
	BRX	A	1.17%
	KRP	B	1.16%
	ADC	A	1.16%
	OGS	A	1.16%
	REG	A	1.16%
	AAT	B	1.15%
	PTEN	C	1.14%
	LNT	A	1.14%
	OUT	A	1.14%
	COP	C	1.14%
	BSM	B	1.14%
	FANG	C	1.13%
	SCCO	F	1.13%
	NJR	A	1.13%
	NFE	D	1.12%
	HESM	B	1.11%
	AVA	B	1.11%
	MAA	B	1.11%
	EPRT	B	1.1%
	CMS	C	1.1%
	HST	C	1.09%
	CPT	B	1.09%
	FR	D	1.08%
	PAA	B	1.08%
	PAGP	A	1.07%
	EPR	C	1.06%
	EGP	D	1.06%
	WES	C	1.06%
	SID	F	1.06%
	DVN	F	1.06%
	INVH	D	1.05%
	BNL	C	1.04%
	EQNR	C	1.03%
	AEP	C	1.03%
	PSA	C	1.03%
	EXR	C	1.02%
	CWEN	C	1.02%
	ES	C	1.02%
	TRNO	F	1.01%
	CUBE	C	1.0%
	CCI	C	1.0%
	APA	D	0.99%
	NSA	C	0.99%
	AMT	C	0.93%
	REXR	F	0.92%
	BRY	F	0.91%
	IIPR	D	0.86%
	NEP	F	0.67%

VRAI Underweight 79 Positions Relative to NSI

	Symbol	Grade	Weight
	TSM	B	-11.91%
	PDD	F	-4.43%
	HDB	C	-3.56%
	IBN	C	-2.23%
	CHT	C	-2.07%
	ASX	D	-2.02%
	UMC	F	-1.85%
	MELI	C	-1.78%
	PKX	D	-1.38%
	NTES	C	-1.37%
	INFY	C	-1.24%
	SHG	C	-1.22%
	KB	B	-1.19%
	NU	C	-1.09%
	WF	C	-1.08%
	TCOM	B	-1.07%
	RDY	F	-0.89%
	FMX	F	-0.88%
	LPL	D	-0.85%
	SKM	C	-0.75%
	ABEV	F	-0.72%
	KEP	B	-0.71%
	ZTO	F	-0.68%
	ITUB	F	-0.67%
	BEKE	D	-0.66%
	SSL	F	-0.65%
	PHI	D	-0.62%
	TKC	B	-0.62%
	LI	F	-0.58%
	CPNG	D	-0.57%
	BGNE	D	-0.56%
	VIPS	F	-0.55%
	HTHT	D	-0.53%
	YMM	C	-0.5%
	KOF	F	-0.5%
	XPEV	C	-0.5%
	SQM	D	-0.47%
	PAC	B	-0.47%
	WIT	B	-0.44%
	ASR	D	-0.44%
	QFIN	A	-0.43%
	BCH	C	-0.4%
	BILI	D	-0.38%
	TLK	D	-0.37%
	YUMC	C	-0.36%
	XP	F	-0.36%
	OMAB	D	-0.35%
	CIB	B	-0.35%
	NIO	F	-0.33%
	TAL	F	-0.31%
	BBD	D	-0.31%
	HCM	D	-0.28%
	CX	F	-0.26%
	BZ	F	-0.25%
	BSAC	C	-0.24%
	BAP	A	-0.24%
	IQ	F	-0.23%
	TGLS	B	-0.23%
	FN	C	-0.23%
	ATHM	C	-0.22%
	HMY	D	-0.22%
	VIST	B	-0.21%
	SUZ	B	-0.18%
	STNE	F	-0.18%
	ASAI	F	-0.18%
	EBR	F	-0.17%
	ERJ	A	-0.17%
	MMYT	B	-0.16%
	PAGS	F	-0.15%
	VIV	F	-0.14%
	CRDO	B	-0.13%
	BVN	D	-0.13%
	BRFS	C	-0.11%
	SBS	B	-0.11%
	ELP	F	-0.1%
	CSAN	F	-0.1%
	UGP	F	-0.1%
	BAK	F	-0.09%
	BSBR	F	-0.09%

VRAI: Top Represented Industries & Keywords

Industries: Oil & Gas E&P REIT - Industrial REIT - Retail Utilities - Regulated Electric REIT - Diversified Telecom Services Utilities - Regulated Gas Oil & Gas Integrated Oil & Gas Midstream REIT - Hotel & Motel REIT - Residential Coal Gold Oil & Gas Drilling Steel Utilities - Diversified Copper Farm Products Industrial Metals & Minerals Oil & Gas Equipment & Services

Keywords: Natural Gas Real Estate Investment Trust S&P 500 Electricity Crude Oil Natural Gas Liquids Petroleum Real Estate Market Permian Basin Petroleum Industry Bakken Gas Reserves Information And Communications Technology Mining Natural Gas Processing Electric Utility Gas Processing Midstream Natural Gas Service Natural Gas Storage

NSI: Top Represented Industries & Keywords

Industries: Banks - Regional - Latin America Telecom Services Banks - Regional - Asia Internet Content & Information Airports & Air Services Auto Manufacturers Gold Oil & Gas Integrated Semiconductors Specialty Retail Utilities - Regulated Electric Beverages - Brewers Building Materials Chemicals Consumer Electronics Industrial Metals & Minerals Information Technology Services Leisure Oil & Gas Refining & Marketing Software - Application

Keywords: Bank Banking Investment Banking Broadband Currency Financial Products Internet Access Natural Gas Telecommunications Investment Product Advertising Services E-Commerce Information And Communications Technology Investment Banking Services Securitization Telecommunication Services Broadband Internet Cash Management Commercial Banking Connection Services