ARP vs. DJCB ETF Comparison

Comparison of PMV Adaptive Risk Parity ETF (ARP) to ETRACS Bloomberg Commodity Index Total Return ETN Series B due October 31, 2039 (DJCB)

ARP

PMV Adaptive Risk Parity ETF

ARP Description

The PMV Adaptive Risk Parity ETF (the “Fund”) is an actively managed fund that seeks to generate capital appreciation, with lower volatility and reduced correlation to the overall equity market, by taking advantage of broad asset class trends throughout the market cycle.

Grade (RS Rating)

Last Trade

$28.79

Average Daily Volume

2,152

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

DJCB

ETRACS Bloomberg Commodity Index Total Return ETN Series B due October 31, 2039

DJCB Description

The investment seeks a return on the Securities linked to the performance of the Bloomberg Commodity Index Total ReturnSM. The index is composed of the prices of twenty-one exchange-traded futures contracts on physical commodities. An exchange-traded futures contract is a bilateral agreement providing for the purchase and sale of a specified type and quantity of a commodity or financial instrument during a stated delivery month for a fixed price.

Grade (RS Rating)

Last Trade

$21.23

Average Daily Volume

535

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	ARP	DJCB
30 Days	1.54%	5.28%
60 Days	5.10%	7.58%
90 Days	2.72%	1.71%
12 Months	19.62%	1.17%

0 Overlapping Holdings

	Symbol	Grade	Weight in ARP	Weight in DJCB	Overlap

ARP Overweight 5 Positions Relative to DJCB

	Symbol	Grade	Weight
	VOO	B	41.16%
	PHYS	A	19.85%
	QQQ	C	12.38%
	VWO	A	7.05%
	VGLT	C	5.72%

ARP Underweight 8 Positions Relative to DJCB

	Symbol	Grade	Weight
	NGS	D	-10.77%
	GDEN	D	-9.79%
	CLM	A	-6.67%
	WPM	C	-4.96%
	SAMG	C	-2.77%
	JVA	C	-2.57%
	LSAF	A	-2.0%
	PLG	B	-2.0%

ARP: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index Active Management Barclays U.S. Long Government Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Indices Bullion Corporate Bond Economic Geography Emerging Market Exchange Traded Funds Exchange Traded Products Fixed Income Ftse Emerging Index Government Bond Index Fund Inflation Invesco Powershares

DJCB: Top Represented Industries & Keywords

Industries: Asset Management Gambling Industrial Metals & Minerals Oil & Gas Equipment & Services Packaged Foods Silver

Keywords: ETF Exchange Traded Fund Active Management Affinity Gaming Cappuccino Carbon Dioxide Casino Chemical Elements Chocolate Cobalt Coffee Compression Systems Compressor Control Devices Crops Diving Support Equipment Energy Technology Entertainment Games Gas Compressors