NDOW vs. CEFD ETF Comparison

Comparison of Anydrus Advantage ETF (NDOW) to ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD)

NDOW

Anydrus Advantage ETF

NDOW Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of equity securities, fixed income securities and ETFs representing a broad range of asset classes. The fund seeks to provide attractive risk adjusted returns over market cycles by investing in a broadly diversified portfolio. In doing so, the fund seeks to provide investors with 1) reduced correlation to U.S. only stock and bond market movements, and 2) multiple alternative return sources that are independent from traditional U.S. stock and bond markets.

Grade (RS Rating)

Last Trade

$25.02

Average Daily Volume

2,597

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CEFD

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

CEFD Description

The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the S-Network Composite Closed-End Fund Index (the ?index?), reduced by the Accrued Fees. The index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield.

Grade (RS Rating)

Last Trade

$20.10

Average Daily Volume

1,979

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NDOW	CEFD
30 Days	-0.92%	-0.56%
60 Days	-1.17%	0.87%
90 Days	-0.44%	3.80%
12 Months		28.80%

0 Overlapping Holdings

	Symbol	Grade	Weight in NDOW	Weight in CEFD	Overlap

NDOW Overweight 37 Positions Relative to CEFD

Symbol	Grade	Weight
FLIA	C	9.25%
IBTH	D	8.45%
VGIT	D	8.32%
IEI	D	6.88%
XEMD	A	6.18%
SCHI	D	4.92%
IDMO	C	4.91%
BSJS	A	4.58%
SPMO	A	4.39%
BKLC	A	4.35%
SCHD	A	4.25%
XSVN	F	3.86%
VGLT	D	2.83%
GLTR	C	2.66%
SRE	A	1.03%
ETN	A	1.01%
JPM	A	0.99%
BCC	B	0.86%
NEE	C	0.85%
NXPI	D	0.8%
FCX	F	0.8%
NICE	D	0.68%
MPWR	F	0.63%
OGN	F	0.62%
ESEA	D	0.62%
VRTX	D	0.62%
BNTX	C	0.61%
FINV	B	0.58%
BABA	D	0.58%
BIDU	F	0.52%
ABBV	F	0.5%
YY	B	0.49%
NTES	D	0.49%
INFY	C	0.48%
E	F	0.46%
PBR	D	0.45%
REGN	F	0.42%

NDOW Underweight 99 Positions Relative to CEFD

Symbol	Grade	Weight
EVV	D	-2.63%
BDJ	B	-2.39%
HYT	A	-2.19%
BTZ	D	-2.16%
NXDT	F	-1.9%
AWF	C	-1.83%
DSL	C	-1.77%
JQC	A	-1.66%
BXMX	A	-1.65%
EMD	C	-1.5%
WIW	D	-1.37%
BHK	C	-1.3%
QQQX	B	-1.26%
BOE	A	-1.23%
BCX	C	-1.2%
HIO	B	-1.19%
JPC	A	-1.18%
RA	C	-1.17%
GHY	B	-1.16%
BGY	C	-1.09%
CII	B	-1.07%
HIX	A	-1.01%
BIT	D	-1.01%
EOS	A	-1.0%
IGD	A	-0.98%
EFT	A	-0.95%
HTD	A	-0.94%
BST	B	-0.92%
BLW	C	-0.92%
EAD	C	-0.9%
ISD	C	-0.88%
LDP	D	-0.84%
FFC	D	-0.83%
EFR	A	-0.82%
FRA	B	-0.82%
TEI	D	-0.75%
PHK	C	-0.75%
EOI	A	-0.73%
MIN	D	-0.71%
EHI	C	-0.71%
NBB	D	-0.71%
MCR	C	-0.7%
PDT	C	-0.69%
DIAX	A	-0.69%
PPT	D	-0.67%
WIA	D	-0.66%
MMT	C	-0.64%
GOF	A	-0.64%
JPI	D	-0.63%
BKT	D	-0.62%
PFN	A	-0.59%
JGH	B	-0.59%
FCT	A	-0.58%
ERC	C	-0.57%
HPS	D	-0.55%
HYI	B	-0.55%
DFP	D	-0.55%
BME	D	-0.54%
BGT	B	-0.49%
HPI	D	-0.47%
PHD	A	-0.44%
BGH	B	-0.44%
FTF	C	-0.43%
GBAB	F	-0.42%
HYB	B	-0.39%
EVG	D	-0.38%
IDE	A	-0.38%
DHF	A	-0.38%
PHT	C	-0.38%
TSI	D	-0.37%
ETB	A	-0.37%
FT	A	-0.37%
STK	A	-0.37%
DHY	B	-0.36%
HPF	D	-0.36%
MSD	C	-0.34%
INSI	D	-0.34%
FFA	A	-0.32%
DBL	D	-0.31%
GDO	D	-0.31%
PSF	D	-0.31%
VBF	D	-0.3%
BGR	A	-0.3%
PIM	D	-0.3%
PFL	C	-0.29%
IGA	A	-0.29%
OPP	D	-0.29%
SPXX	B	-0.27%
FLC	D	-0.24%
MCN	D	-0.24%
CIK	C	-0.24%
WEA	B	-0.22%
FAM	B	-0.21%
VLT	C	-0.19%
MGF	D	-0.19%
VGI	D	-0.18%
HEQ	C	-0.18%
GNT	C	-0.14%
JLS	C	-0.14%

CEFD: Top Represented Industries & Keywords

Industries: Asset Management