DSCF vs. OCIO ETF Comparison

Comparison of Discipline Fund ETF (DSCF) to ClearShares OCIO ETF (OCIO)

DSCF

Discipline Fund ETF

DSCF Description

Discipline Fund ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Orcam Financial Group, LLC. It invests in the public equity and fixed income markets of global region. For its equity portion, the fund invests through other funds in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies. For its fixed income portion, the fund primarily invests through other funds in U.S. investment-grade aggregate bonds, corporate bonds and treasury bonds that are rated within one of the four highest ratings categories by a nationally-recognized statistical ratings organization. Discipline Fund ETF was formed on September 21, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$22.82

Average Daily Volume

3,757

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

OCIO

ClearShares OCIO ETF

OCIO Description

The investment seeks to outperform a traditional 60/40 mix of global equity and fixed-income investments. The fund is expected to typically invest approximately 40% to 70% of its total assets in underlying funds that principally invest in equity securities of any market capitalization. It is expected to typically invest approximately 20% to 50% of its total assets in underlying funds that principally invest in debt obligations.

Grade (RS Rating)

Last Trade

$34.46

Average Daily Volume

796

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	DSCF	OCIO
30 Days	-0.60%	1.79%
60 Days	-2.75%	1.47%
90 Days	-1.78%	2.49%
12 Months	9.41%	16.20%

1 Overlapping Holdings

	Symbol	Grade	Weight in DSCF	Weight in OCIO	Overlap
	VGIT	D	27.16%	1.31%	1.31%

DSCF Overweight 1 Positions Relative to OCIO

	Symbol	Grade	Weight
	VGLT	F	20.16%

DSCF Underweight 14 Positions Relative to OCIO

	Symbol	Grade	Weight
	QQQ	B	-5.89%
	SPMO	B	-5.25%
	BIL	A	-4.4%
	IEI	D	-4.38%
	OPER	A	-4.05%
	HEFA	C	-3.14%
	SCHK	A	-3.11%
	GVI	C	-3.08%
	SCHF	D	-3.03%
	SHY	D	-2.59%
	IXUS	D	-0.95%
	EYLD	D	-0.89%
	EMXC	D	-0.72%
	CGV	C	-0.48%

DSCF: Top Represented Industries & Keywords

Industries:

Keywords: Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Indices ETF Exchange Traded Fund Fixed Income Government Bond U.S. Government U.S. Treasury Barclays U.S. Long Government Corporate Bond Inflation Merrill Lynch Stock Market Index Year Government

OCIO: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index U.S. Treasury Bloomberg Barclays Us Aggregate Bond Index Bond Exchange Traded Funds U.S. Government Bond Market Index Fund Betashares Bond Market Indices Government Bonds MSCI EAFE Bear Market ETF Bond Fund Corporate Bond Currency Debt Dividend