HFND vs. ADFI ETF Comparison

Comparison of Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) to Anfield Dynamic Fixed Income ETF (ADFI)

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

$21.84

Average Daily Volume

8,116

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

ADFI

Anfield Dynamic Fixed Income ETF

ADFI Description

The investment seeks to provide total return with capital preservation as a secondary objective. The fund is an actively managed ETF that is a fund of funds, meaning that it primarily invests its assets in securities of other ETFs. It normally invests at least 80% of its net assets, including any borrowings for investment purposes, in other unaffiliated ETFs that invest in any facet of the global debt markets, including corporate bonds, U.S. government and agency securities, private debt, foreign sovereign bonds, convertible securities, bank loans, asset-backed securities, mortgage-backed securities, and cash equivalent instruments.

Grade (RS Rating)

Last Trade

$8.52

Average Daily Volume

51,650

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	HFND	ADFI
30 Days	0.57%	0.03%
60 Days	1.52%	1.47%
90 Days	0.88%	0.97%
12 Months	6.73%	4.78%

1 Overlapping Holdings

	Symbol	Grade	Weight in HFND	Weight in ADFI	Overlap
	ICVT	A	5.98%	3.23%	3.23%

HFND Overweight 6 Positions Relative to ADFI

	Symbol	Grade	Weight
	HYG	A	25.3%
	VWO	A	8.28%
	BKLN	A	6.83%
	IGHG	B	6.29%
	EWA	A	5.66%
	VXUS	A	5.01%

HFND Underweight 5 Positions Relative to ADFI

	Symbol	Grade	Weight
	GOVT	A	-24.13%
	PHB	A	-19.97%
	MBB	A	-16.79%
	JAAA	C	-10.94%
	FTSL	C	-0.07%

HFND: Top Represented Industries & Keywords

Industries:

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

ADFI: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Index Fund Mortgage Backed Security Structured Finance Asset Backed Security Bank Loans Barclays Bloomberg Barclays Us Aggregate Bond Index Bond Market Index Collateralized Debt Obligation Collateralized Loan Obligation Convertibles Corporate Bond Debt Securities Equity Derivative Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association