EWJV vs. MSTB ETF Comparison

Comparison of iShares MSCI Japan Value ETF (EWJV) to LHA Market State Tactical Beta ETF (MSTB)

EWJV

iShares MSCI Japan Value ETF

EWJV Description

The investment seeks to track the investment results of the MSCI Japan Value Index (USD). The index is a free float weighted index consisting of large- and mid- capitalization Japanese securities exhibiting overall value style characteristics. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.01

Average Daily Volume

80,075

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

MSTB

LHA Market State Tactical Beta ETF

MSTB Description

The investment seeks to provide returns that outperform the large-capitalization U.S. equity market on a risk-adjusted basis. The fund seeks to achieve its objective by estimating the direction and magnitude of S&P 500 Index volatility based on the movement of the CBOE Volatility Index® (the VIX® Index). Under normal market conditions, its baseline exposure each day to the S&P 500 Index is approximately 90%, which the fund's portfolio managers then adjust based on a quantitative model and analysis of the movement of the VIX Index. Its exposure may be significantly greater or less than 90% at any given time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.69

Average Daily Volume

9,113

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	EWJV	MSTB
30 Days	-0.87%	-0.16%
60 Days	8.51%	3.75%
90 Days	2.04%	2.25%
12 Months	23.07%	30.13%

0 Overlapping Holdings

	Symbol	Grade	Weight in EWJV	Weight in MSTB	Overlap

EWJV Overweight 5 Positions Relative to MSTB

	Symbol	Grade	Weight
	MUFG	D	6.35%
	SMFG	D	4.42%
	TM	D	4.01%
	MFG	D	2.68%
	HMC	D	2.55%

EWJV Underweight 1 Positions Relative to MSTB

	Symbol	Grade	Weight
	VIXY	D	-6.17%

EWJV: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Banks - Regional - Asia

Keywords: Advisory Services Bank Investment Banking Investment Banking Services Structured Finance Asset And Liability Management Asset Management Automotive Industry Banking Cars Consumer Finance Corporate Banking Financial Products Investment Product Liability Management Passenger Car Project Finance Settlement Services Syndicated Loan Transport

MSTB: Top Represented Industries & Keywords

Industries:

Keywords: Asset Bank Deposits Cash And Cash Equivalents Chicago Board Options Exchange Money Market Repurchase Agreement Technical Analysis U.S. Treasury VIX