HFND vs. WBIF ETF Comparison

Comparison of Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) to WBI Large Cap Tactical Value Shares (WBIF)

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

WBIF

WBI Large Cap Tactical Value Shares

WBIF Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$29.06

Average Daily Volume

1,535

Number of Holdings ^*

25

* may have additional holdings in another (foreign) market

Performance

Period	HFND	WBIF
30 Days	0.57%	-2.02%
60 Days	1.52%	-0.13%
90 Days	0.88%	-3.60%
12 Months	6.73%	2.76%

0 Overlapping Holdings

	Symbol	Grade	Weight in HFND	Weight in WBIF	Overlap

HFND Overweight 7 Positions Relative to WBIF

	Symbol	Grade	Weight
	HYG	A	25.3%
	VWO	A	8.28%
	BKLN	A	6.83%
	IGHG	B	6.29%
	ICVT	A	5.98%
	EWA	A	5.66%
	VXUS	A	5.01%

HFND Underweight 25 Positions Relative to WBIF

	Symbol	Grade	Weight
	LRCX	B	-5.51%
	USHY	A	-5.04%
	TW	C	-4.44%
	BR	B	-4.28%
	UHS	C	-4.26%
	DKS	C	-4.24%
	INTU	A	-4.21%
	RGA	C	-4.09%
	BX	C	-4.09%
	AAPL	A	-4.02%
	CRBG	C	-4.0%
	CHD	C	-3.99%
	HIG	C	-3.94%
	FIX	D	-3.93%
	ADP	D	-3.93%
	VOYA	D	-3.9%
	PHM	D	-3.89%
	DECK	C	-3.81%
	PAYX	D	-3.76%
	META	A	-3.71%
	QCOM	B	-3.5%
	PANW	B	-2.98%
	V	C	-2.59%
	AFL	B	-1.02%
	RJF	D	-0.93%

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

WBIF: Top Represented Industries & Keywords

Industries: Asset Management Business Services Capital Markets Software - Application Consumer Electronics Credit Services Engineering & Construction Footwear & Accessories Household & Personal Products Insurance - Diversified Insurance - Life Insurance - Reinsurance Internet Content & Information Medical Care Residential Construction Semiconductor Equipment & Materials Semiconductors Specialty Retail

Keywords: S&P 500 Nasdaq 100 Insurance Disability Computing Ecommerce Employee Benefits Insurance Products Life Insurance Payment Systems Brokerage Clothing Communication Solutions Compliance Services Critical Illness Dow Jones Component E-Commerce Exchange Traded Fund Financial Advisors Financial Advisory Services