CMDT vs. VWI ETF Comparison

Comparison of PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) to Trust For Advised Portfolios Arch Indices VOI Absolute Income Fund (VWI)

CMDT

PIMCO Commodity Strategy Active Exchange-Traded Fund

CMDT Description

CMDT aims for total return in excess of a diversified commodity benchmark by actively managing both commodity exposure and the funds collateral. The fund primarily gains exposure through commodity swaps and futures but may also directly invest in commodities and use other commodity-linked derivatives. The fund adviser determines target allocations using proprietary quantitative models that incorporate multi-factors such as historic performance trends and storage costs. Positions established may be long, short, or no positions in the specific commodities suggested by the models. Weighting is at the discretion of the fund adviser. The fund also holds a short-duration of investment grade fixed-income securities to serve as collateral. CMDT obtains its exposure via a Cayman Islands subsidiary, thus avoiding a K-1 form to investors. The fund has a longer investment horizon, not short-term, tactical trading. Investments and returns may be different from the advisers other funds

Grade (RS Rating)

Last Trade

$26.42

Average Daily Volume

21,031

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VWI

Trust For Advised Portfolios Arch Indices VOI Absolute Income Fund

VWI Description

The fund is an exchange-traded fund ("ETF") that uses a "passive management" (or indexing) investment approach to track the performance, before fees and expenses, of the index. The fund primarily invests in securities comprising the index.

Grade (RS Rating)

Last Trade

$27.72

Average Daily Volume

419

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CMDT	VWI
30 Days	4.87%	0.91%
60 Days	5.20%	2.33%
90 Days	-0.34%	4.85%
12 Months	2.60%

0 Overlapping Holdings

	Symbol	Grade	Weight in CMDT	Weight in VWI	Overlap

CMDT Overweight 1 Positions Relative to VWI

	Symbol	Grade	Weight
	MINT	A	6.7%

CMDT Underweight 9 Positions Relative to VWI

Symbol	Grade	Weight
JAAA	C	-28.2%
OBDC	D	-6.09%
ARCC	A	-3.85%
USHY	A	-3.15%
PDI	A	-1.89%
BXSL	C	-1.83%
CME	A	-1.58%
VCIT	A	-1.53%
BND	B	-1.52%

CMDT: Top Represented Industries & Keywords

Industries:

Keywords: Asset And Liability Management Bond Bond Fund Bond Market Debt Securities ETF Exchange Traded Fund Fixed Income Interest Rate PIMCO

VWI: Top Represented Industries & Keywords

Industries: Asset Management Financial Data & Stock Exchanges Internet Software & Services