GAA vs. RAAX ETF Comparison

Comparison of Cambria Global Asset Allocation ETF (GAA) to VanEck Vectors Real Asset Allocation ETF (RAAX)

GAA

Cambria Global Asset Allocation ETF

GAA Description

The investment seeks to track the performance, before fees and expenses, of the Cambria Global Asset Allocation Index. Under normal market conditions, the fund invests at least 80% of its total assets in the components of the underlying index or in depositary receipts representing components of the underlying index. The underlying index is designed to provide diversified exposure, including inverse exposure, to all of the major world asset classes in the various regions, countries and sectors around the globe.

Grade (RS Rating)

Last Trade

$29.22

Average Daily Volume

9,438

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

RAAX

VanEck Vectors Real Asset Allocation ETF

RAAX Description

The investment seeks long-term total return. The fund invests, under normal circumstances, primarily in (i) exchange traded products that provide exposure to real assets through investment in domestic and foreign equity and debt securities, master limited partnerships ("MLPs"), and physical commodities, including ETFs and non-1940 Act (defined herein) commodity pools or commodity trusts and exchange traded notes ("ETNs") (collectively, "ETPs"); and (ii) cash or cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.32

Average Daily Volume

13,553

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	GAA	RAAX
30 Days	0.24%	1.73%
60 Days	-0.74%	5.47%
90 Days	1.42%	7.33%
12 Months	13.97%	17.70%

1 Overlapping Holdings

	Symbol	Grade	Weight in GAA	Weight in RAAX	Overlap
	GDX	C	1.08%	1.28%	1.08%

GAA Overweight 18 Positions Relative to RAAX

	Symbol	Grade	Weight
	EYLD	D	9.31%
	PDBC	C	5.72%
	GVAL	D	5.64%
	QMOM	A	5.61%
	VAMO	A	4.66%
	FYLD	D	4.56%
	SYLD	A	4.25%
	BAR	C	4.12%
	HYEM	A	4.01%
	VCIT	D	2.94%
	JPMB	D	2.94%
	SCHP	D	2.63%
	WIP	F	2.25%
	IMOM	D	2.02%
	IHY	D	1.97%
	VGIT	D	1.9%
	VGLT	D	1.82%
	BOXX	A	0.98%

GAA Underweight 8 Positions Relative to RAAX

	Symbol	Grade	Weight
	PIT	C	-21.07%
	EINC	A	-12.18%
	REZ	C	-6.97%
	PAVE	A	-5.78%
	NLR	A	-2.51%
	SLX	B	-1.99%
	PHO	B	-1.32%
	MOO	D	-1.2%

GAA: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Bond Market Indices Index Fund Merrill Lynch Bloomberg Barclays Us Aggregate Bond Index Fixed Income Inflation Shareholder Yield Stock Fund U.S. Treasury Corporate Bond Debt Securities Dividend Government Bond High Yield Debt Investment Management Stock Market Index U.S. Government

RAAX: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund American Depositary Receipt Exchange Traded Funds Agribusiness Agricultural Products Agriculture Agronomy Aquaculture Commodity Commodity Markets Depositary Receipt Energy Infrastructure Exchange Traded Products Farm Machinery Fertilizer Food Industry Gold Mining Gold Mining Industry Investment Trust