IYLD vs. GAA ETF Comparison

Comparison of iShares Morningstar Multi-Asset Income ETF (IYLD) to Cambria Global Asset Allocation ETF (GAA)
IYLD

iShares Morningstar Multi-Asset Income ETF

IYLD Description

The investment seeks to track the investment results of the MorningstarĀ® Multi-Asset High Income IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation. The fund is a fund-of-funds and invests primarily in the securities of the underlying funds that themselves seek investment results corresponding to their own underlying indexes.

Grade (RS Rating)

Last Trade

$20.34

Average Daily Volume

14,582

Number of Holdings *

11

* 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

$28.99

Average Daily Volume

4,440

Number of Holdings *

19

* may have additional holdings in another (foreign) market
Performance
Period IYLD GAA
30 Days 2.77% 2.53%
60 Days 3.01% 1.67%
90 Days 3.82% 2.44%
12 Months 12.54% 11.50%
0 Overlapping Holdings
Symbol Grade Weight in IYLD Weight in GAA Overlap
IYLD Overweight 11 Positions Relative to GAA
Symbol Grade Weight
ISTB A 15.02%
FLOT A 15.0%
PFF A 14.94%
USHY A 14.93%
ILF D 10.4%
EFV B 9.23%
CEMB A 5.01%
AGZ A 5.01%
LEMB A 4.95%
USRT A 3.32%
REET A 1.73%
IYLD Underweight 19 Positions Relative to GAA
Symbol Grade Weight
EYLD C -9.67%
GVAL C -5.68%
PDBC F -5.55%
QMOM C -4.82%
FYLD C -4.68%
VAMO C -4.26%
SYLD C -3.99%
BAR A -3.97%
HYEM A -3.95%
VCIT A -2.99%
JPMB A -2.98%
SCHP A -2.65%
WIP A -2.36%
IMOM D -1.99%
IHY A -1.98%
VGLT A -1.96%
VGIT A -1.95%
GDX C -1.1%
BOXX A -0.96%
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