FDAT vs. BYLD ETF Comparison

Comparison of Tactical Advantage ETF (FDAT) to iShares Yield Optimized Bond ETF (BYLD)

FDAT

Tactical Advantage ETF

FDAT Description

The fund is an actively managed "fund-of ETFs." Family Dynasty Advisors LLC, the fund"s sub-adviser, invests the fund"s assets in ETFs that are listed on U.S. stock exchanges. The fund will invest in underlying ETFs that primarily invest in U.S. equity securities or high-yield bonds. Additionally, the fund will hold cash and cash equivalents.

Grade (RS Rating)

Last Trade

$23.42

Average Daily Volume

1,647

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BYLD

iShares Yield Optimized Bond ETF

BYLD Description

The investment seeks to track the investment results of an index composed of underlying fixed income funds that collectively seek to deliver current income. The fund invests primarily in underlying funds that themselves seek investment results corresponding to their own underlying indexes. The fund also invests in a combination of other exchange-traded funds ("ETFs") (including other iShares ETFs), cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates ("BlackRock Cash Funds"). The underlying index is a broadly diversified fixed income index that seeks to deliver current income.

Grade (RS Rating)

Last Trade

$22.38

Average Daily Volume

67,580

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDAT	BYLD
30 Days	1.30%	-0.56%
60 Days	5.28%	-1.13%
90 Days	6.78%	0.60%
12 Months	20.22%	9.06%

1 Overlapping Holdings

	Symbol	Grade	Weight in FDAT	Weight in BYLD	Overlap
	SGOV	B	25.26%	24.01%	24.01%

FDAT Overweight 7 Positions Relative to BYLD

Symbol	Grade	Weight
VUSB	A	10.07%
SMH	C	7.25%
XLC	A	7.25%
SCHA	B	7.03%
XMHQ	B	6.62%
XAR	B	2.92%
SCHQ	D	2.66%

FDAT Underweight 5 Positions Relative to BYLD

Symbol	Grade	Weight
IGLB	D	-25.25%
USHY	A	-20.08%
FLOT	A	-10.1%
EMHY	A	-10.06%
CMBS	D	-9.93%