MSSS vs. FDAT ETF Comparison

Comparison of Monarch Select Subsector Index ETF (MSSS) to Tactical Advantage ETF (FDAT)

MSSS

Monarch Select Subsector Index ETF

MSSS Description

MSSS is a fund-of-ETFs that provide exposure to companies considered part of economically advantageous US sectors and subsectors. The fund follows a proprietary rules-based methodology that selects sectors and subsectors based on the phase of the economic cycle. The methodology uses employment trends to determine the phase of the economic cycle. It then identifies the sectors and subsectors that have historically performed well during such cycle. The fund selects 10 US-listed ETFs that are expected to deliver the best risk-adjusted return for the identified phase. As the fund may hold subsector funds within the same sector, MSSS may have significant exposure in one or more sectors relative to others. The fund employs a replication indexing strategy in which it invests in securities in approximately the same proportions as the underlying index.

Grade (RS Rating)

Last Trade

$27.80

Average Daily Volume

7,108

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

FDAT

Tactical Advantage ETF

FDAT Description

The fund is an actively managed "fund-of ETFs." Family Dynasty Advisors LLC, the fund"s sub-adviser, invests the fund"s assets in ETFs that are listed on U.S. stock exchanges. The fund will invest in underlying ETFs that primarily invest in U.S. equity securities or high-yield bonds. Additionally, the fund will hold cash and cash equivalents.

Grade (RS Rating)

Last Trade

$22.67

Average Daily Volume

1,903

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	MSSS	FDAT
30 Days	-3.64%	-0.01%
60 Days	-1.84%	1.14%
90 Days	3.22%	5.98%
12 Months		16.67%

1 Overlapping Holdings

	Symbol	Grade	Weight in MSSS	Weight in FDAT	Overlap
	XAR	C	10.06%	2.99%	2.99%

MSSS Overweight 4 Positions Relative to FDAT

	Symbol	Grade	Weight
	KBWP	C	10.23%
	KIE	C	10.18%
	XLRE	D	10.13%
	PBJ	D	9.98%

MSSS Underweight 7 Positions Relative to FDAT

	Symbol	Grade	Weight
	SGOV	A	-25.22%
	VUSB	A	-10.05%
	SMH	B	-7.45%
	XLC	A	-7.09%
	SCHA	B	-6.98%
	XMHQ	D	-6.64%
	SCHQ	D	-2.69%

MSSS: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Exchange Traded Funds Index Fund Invesco Powershares S&P Top 100 Loan Index Aerospace Agricultural Products Beverage Beverage Products Casualty Insurance Defense Industry Insurance Industry Inter 10 Index Kbw Kbw Bank Total Return Index Real Estate Investment Trust Real Estate Management Real Estate Sector S&P International Dividend Opportunities Index (Total Return)

FDAT: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Index Fund Stock Market Index Aerospace Barclays Betashares Bloomberg Barclays Us Aggregate Bond Index Bond Cash And Cash Equivalents Credit Risk Defense Industry Depositary Receipt Dow Jones Global Indexes Dow Jones Industrial Average Index Dow Jones U.S. Total Stock Market Index Exchange Traded Funds Global Industry Classification Standard Interactive Media Investment Management