KDRN vs. FAIL ETF Comparison

Comparison of Kingsbarn Tactical Bond ETF (KDRN) to Cambria Global Tail Risk ETF (FAIL)

KDRN

Kingsbarn Tactical Bond ETF

KDRN Description

Kingsbarn Tactical Bond ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Kingsbarn Capital Management, LLC and Vident Investment Advisory, LLC. It invests through funds and through derivatives such as futures in the fixed income markets of global region. The funds invest in corporate debt obligations, obligations issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, municipal debt obligations, bank obligations, mortgage-related securities and asset-backed securities, commercial paper, repurchase agreements. The fund seeks to invest in securities of any maturity. Kingsbarn Tactical Bond ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$23.43

Average Daily Volume

996

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FAIL

Cambria Global Tail Risk ETF

FAIL Description

The Cambria Tail Risk ETF seeks to mitigate significant downside market risk. The Fund intends to invest in a portfolio of "out of the money" put options purchased on the U.S. stock market. TAIL strategy offers the potential advantage of buying more puts when volatility is low and fewer puts when volatility is high. While a portion of the fund's assets will be invested in the basket of long put option premiums, the majority of fund assets will be invested in intermediate term US Treasuries. As the fund is designed to be a hedge against market declines and rising volatility, Cambria expects the fund to produce negative returns in the most years with rising markets or declining volatility.

Grade (RS Rating)

Last Trade

$16.72

Average Daily Volume

1,110

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KDRN	FAIL
30 Days	2.61%	0.83%
60 Days	2.78%	0.56%
90 Days	3.41%	1.02%
12 Months	5.11%	-9.92%

1 Overlapping Holdings

	Symbol	Grade	Weight in KDRN	Weight in FAIL	Overlap
	IEF	A	15.27%	24.14%	15.27%

KDRN Overweight 4 Positions Relative to FAIL

Symbol	Grade	Weight
SGOV	A	15.79%
MBB	A	15.56%
LQD	A	15.56%
TIP	A	11.61%

KDRN Underweight 0 Positions Relative to FAIL

	Symbol	Grade	Weight

FAIL: Top Represented Industries & Keywords

Industries:

Keywords: Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market ETF Exchange Traded Fund Government Bonds U.S. Government U.S. Treasury