HAWX vs. HFND ETF Comparison

Comparison of iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) to Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)

HAWX

iShares Currency Hedged MSCI ACWI ex U.S. ETF

HAWX Description

The iShares Currency Hedged MSCI ACWI ex U.S. ETF seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging equities while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.

Grade (RS Rating)

Last Trade

$33.20

Average Daily Volume

27,181

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

HFND

Unlimited HFND Multi-Strategy Return Tracker ETF

HFND Description

The fund"s portfolio will generally consist of long and short positions in 30 to 50 Underlying ETFs and futures contracts. In addition, the fund may invest in swap agreements. It will not invest in hedge funds. To achieve an appropriate risk/return profile for the fund"s portfolio, the fund will also "short" the securities of Underlying ETFs. It is non-diversified.

Grade (RS Rating)

Last Trade

$22.31

Average Daily Volume

7,930

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	HAWX	HFND
30 Days	2.39%	1.12%
60 Days	8.33%	4.25%
90 Days	2.91%	2.08%
12 Months	26.08%	11.79%

0 Overlapping Holdings

	Symbol	Grade	Weight in HAWX	Weight in HFND	Overlap

HAWX Overweight 6 Positions Relative to HFND

	Symbol	Grade	Weight
	ACWX	A	101.03%
	NOK	B	0.0%
	CNH	B	-0.01%
	SGD	D	-0.01%
	IDR	B	-0.01%
	HKD	C	-0.02%

HAWX Underweight 7 Positions Relative to HFND

	Symbol	Grade	Weight
	HYG	A	-29.63%
	VWO	A	-11.17%
	BKLN	A	-7.22%
	ICVT	A	-6.79%
	VUG	C	-6.63%
	VXUS	A	-5.78%
	EWA	A	-4.81%

HAWX: Top Represented Industries & Keywords

Industries: Communication Equipment Farm & Construction Equipment Gold Real Estate - Development Software - Application

Keywords: Agricultural Equipment Application Developers Automobile Manufacturers Broadband Capitalization Weighted Index Communications Infrastructure Computing Construction Equipment Device Manufacturers Digital Media ETF Exchange Traded Fund Farm Machinery Feature Phone Forage Equipment Heavy Equipment Information Appliances Internet Service Provider Loader Location Based Products

HFND: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund Stock Market Index Bond Emerging Market Exchange Traded Funds Barclays Bond Market Indices Capitalization Weighted Index Convertibles Corporate Bond Credit Default Swap Index Economic Geography Equity Derivative Ftse Emerging Index Ftse Global Energy Index High Yield Debt Invesco Powershares Loan