HFND vs. GAA ETF Comparison

Comparison of Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) to Cambria Global Asset Allocation ETF (GAA)

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

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

$29.42

Average Daily Volume

5,562

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

Performance

Period	HFND	GAA
30 Days	1.12%	1.96%
60 Days	4.25%	4.48%
90 Days	2.08%	3.91%
12 Months	11.79%	19.75%

0 Overlapping Holdings

	Symbol	Grade	Weight in HFND	Weight in GAA	Overlap

HFND Overweight 7 Positions Relative to GAA

	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%

HFND Underweight 19 Positions Relative to GAA

	Symbol	Grade	Weight
	EYLD	B	-10.02%
	GVAL	A	-5.92%
	PDBC	B	-5.67%
	QMOM	A	-5.1%
	FYLD	B	-4.81%
	VAMO	B	-4.31%
	BAR	A	-4.15%
	SYLD	C	-4.07%
	HYEM	A	-3.95%
	JPMB	A	-2.99%
	VCIT	A	-2.97%
	SCHP	A	-2.64%
	WIP	B	-2.38%
	IMOM	C	-2.02%
	IHY	B	-1.99%
	VGIT	B	-1.92%
	VGLT	C	-1.92%
	GDX	C	-1.19%
	BOXX	A	-0.95%

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

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