GLOW vs. TBFC ETF Comparison

Comparison of VictoryShares WestEnd Global Equity ETF (GLOW) to The Brinsmere Fund Conservative ETF (TBFC)

GLOW

VictoryShares WestEnd Global Equity ETF

GLOW Description

Glowpoint, Inc., through its subsidiary, Oblong Industries, Inc., provides various technologies that enhance the way people work, create, and communicate. It flagship product is Mezzanine, a technology platform that defines the next era of computing, including multi-stream, concurrent multi-user, multi-screen, multi-device, and multi-location for dynamic and immersive visual collaboration. The company also provides IT service management solutions, which include a suite of automated and concierge applications to simplify the user experience and expedite the adoption of video as the primary means of collaboration. It serves Fortune 500 and 1000 companies, as well as small and medium sized enterprises in a range of industries. The company is based in Denver, Colorado.

Grade (RS Rating)

Last Trade

$25.87

Average Daily Volume

1,037

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

TBFC

The Brinsmere Fund Conservative ETF

TBFC Description

TBFC is designed to deliver multi-asset exposure while seeking long-term capital appreciation with capital preservation. It holds funds that represent the broad equity and bond markets as selected based on a set of risk-management techniques of two independent proprietary strategies. The Systematic Market Beta Strategy (SMB) and the Classic Asset Allocation Revisited Strategy (CAAR) are rules-based, tactical asset allocation investment strategies used to systematically rebalance the funds holdings. The former aims to reduce risk and enhance performance based on market risk assessments, while the latter seeks tactical adaptation to changing market conditions using mean-variance optimization. The fund employs a conservative model of CAAR with a 20% equity floor target and a 40% equity cap. Both strategies are re-evaluated and rebalanced monthly. TBGC launched alongside its sister fund, TBFG, which seeks a growth-focused portfolio.

Grade (RS Rating)

Last Trade

$26.84

Average Daily Volume

1,382

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	GLOW	TBFC
30 Days	-1.93%	-0.51%
60 Days	-0.53%	1.37%
90 Days	5.51%	2.41%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in GLOW	Weight in TBFC	Overlap
	XLRE	D	1.6%	1.46%	1.46%

GLOW Overweight 2 Positions Relative to TBFC

	Symbol	Grade	Weight
	XLC	A	6.44%
	IEUR	D	2.38%

GLOW Underweight 8 Positions Relative to TBFC

	Symbol	Grade	Weight
	RSP	C	-11.24%
	VCIT	C	-5.65%
	MGK	B	-4.54%
	IEF	D	-4.3%
	EMXC	D	-3.13%
	VCLT	D	-2.83%
	BCI	B	-1.26%
	PDBC	C	-0.26%

GLOW: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Exchange Traded Funds Global Industry Classification Standard Interactive Media MSCI EAFE Msci Europe High Dividend Yield Net Return Index In Euro Real Estate Investment Trust Real Estate Management Real Estate Sector SPDR Spdr S&P 500 Trust Etf Standard & Poor's Depositary Receipts State Street Global Advisors Stock Market Index Telecommunication Services Wireless Telecommunication Services

TBFC: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond Stock Market Index Bond Market Indices Capitalization Weighted Index Commodity Markets Corporate Bond Merrill Lynch Bloomberg Commodity Index Bond Market Commodity Commodity Price Index Commodity Price Indices Commodity Trading Advisor Economic Geography Emerging Market Exchange Traded Funds Exchange Traded Products