HYGW vs. HFND ETF Comparison

Comparison of iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW) to Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)

HYGW

iShares High Yield Corporate Bond BuyWrite Strategy ETF

HYGW Description

iShares High Yield Corporate Bond BuyWrite Strategy ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in fixed income markets of global developed region. The fund invests through derivatives in high yield corporate bonds. It employs long/short strategy and uses derivatives such as options to create its portfolio. The fund seeks to track the performance of the Cboe HYG BuyWrite Index, by using representative sampling technique. iShares High Yield Corporate Bond BuyWrite Strategy ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$32.57

Average Daily Volume

96,088

Number of Holdings ^*

1

* 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

$22.57

Average Daily Volume

6,803

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	HYGW	HFND
30 Days	0.51%	0.36%
60 Days	-0.25%	4.55%
90 Days	0.97%	6.53%
12 Months	4.80%	11.90%

0 Overlapping Holdings

	Symbol	Grade	Weight in HYGW	Weight in HFND	Overlap

HYGW Overweight 1 Positions Relative to HFND

	Symbol	Grade	Weight
	HYG	A	99.0%

HYGW Underweight 9 Positions Relative to HFND

	Symbol	Grade	Weight
	BKLN	A	-4.85%
	ICVT	A	-4.39%
	CMBS	D	-3.49%
	IGHG	A	-2.53%
	VFMO	A	-1.99%
	VTWO	A	-1.49%
	PFF	A	-0.28%
	VMBS	D	--0.8%
	XLRE	D	--1.18%

HYGW: Top Represented Industries & Keywords

Industries:

Keywords: Bond Bond Market Indices Corporate Bond Credit Default Swap Index ETF Exchange Traded Fund High Yield Debt iBoxx

HFND: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Bloomberg Barclays Us Aggregate Bond Index Exchange Traded Funds Mortgage Backed Security Stock Market Index Structured Finance Active Management Barclays Bond Market Index Bond Market Indices Commercial Mortgage Commercial Mortgage Backed Security Commercial Mortgage Securities Association Convertibles Corporate Bond Equity Derivative Index Fund Invesco Powershares