BTR vs. LCR ETF Comparison

Comparison of Beacon Tactical Risk ETF (BTR) to Leuthold Core ETF (LCR)

BTR

Beacon Tactical Risk ETF

BTR Description

The investment seeks to provide long-term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that may engage in active trading. The fund advisor will use a “fund of funds” approach, and seeks to achieve the fund's investment objective by investing in the shares of market sector exchange-traded funds.

Grade (RS Rating)

Last Trade

$25.25

Average Daily Volume

670

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

LCR

Leuthold Core ETF

LCR Description

The investment seeks capital appreciation and income (or total return). The fund is an actively-managed fund of funds and seeks to achieve its objective by investing primarily in other registered investment companies, including other actively-managed exchange-traded funds (ETFs) and index-based ETFs (collectively, underlying funds), that provide exposure to a broad range of asset classes. The underlying funds may invest in equity securities of U.S. or foreign companies; debt obligations of U.S. or foreign companies or governments; or other investments, such as volatility indexes and managed futures.

Grade (RS Rating)

Last Trade

$34.27

Average Daily Volume

4,815

Number of Holdings ^*

11

* may have additional holdings in another (foreign) market

Performance

Period	BTR	LCR
30 Days	3.66%	2.79%
60 Days	1.82%	1.05%
90 Days	3.20%	2.55%
12 Months	3.91%	12.72%

0 Overlapping Holdings

	Symbol	Grade	Weight in BTR	Weight in LCR	Overlap

BTR Overweight 10 Positions Relative to LCR

	Symbol	Grade	Weight
	VPU	A	9.72%
	VIS	C	9.22%
	VFH	B	9.18%
	VGT	D	9.14%
	VDE	D	9.09%
	VAW	C	9.06%
	VCR	C	8.83%
	VOX	C	8.81%
	VDC	A	8.77%
	VHT	B	8.74%

BTR Underweight 11 Positions Relative to LCR

	Symbol	Grade	Weight
	SHY	A	-9.33%
	XLC	C	-8.73%
	SPDN	D	-3.62%
	PSQ	C	-3.09%
	BWX	A	-2.7%
	IAK	B	-2.65%
	FENY	D	-1.95%
	IEF	A	-1.81%
	IBND	A	-1.36%
	MBB	A	-1.03%
	GDX	C	-0.89%

BTR: Top Represented Industries & Keywords

Industries:

Keywords: Global Industry Classification Standard Industry Classification MSCI EAFE ETF Exchange Traded Fund Msci Us Reit Index Stock Market Index Investment Management Energy Sector Information Technology Sector Passive Management Telecommunication Services Utilities Sector

LCR: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Exchange Traded Funds Government Bonds Index Fund U.S. Government U.S. Treasury American Depositary Receipt Barclays Bear Market ETF Bond Market Indices Direxion Dow Jones U.S. Select Dividend Total Return Index Energy Sector Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association