OCIO vs. FMCX ETF Comparison

Comparison of ClearShares OCIO ETF (OCIO) to FMC Excelsior Focus Equity ETF (FMCX)

OCIO

ClearShares OCIO ETF

OCIO Description

The investment seeks to outperform a traditional 60/40 mix of global equity and fixed-income investments. The fund is expected to typically invest approximately 40% to 70% of its total assets in underlying funds that principally invest in equity securities of any market capitalization. It is expected to typically invest approximately 20% to 50% of its total assets in underlying funds that principally invest in debt obligations.

Grade (RS Rating)

Last Trade

$33.95

Average Daily Volume

2,609

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.96

Average Daily Volume

115

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	OCIO	FMCX
30 Days	0.94%	3.03%
60 Days	5.57%	9.06%
90 Days	2.47%	7.37%
12 Months	18.69%	29.59%

0 Overlapping Holdings

	Symbol	Grade	Weight in OCIO	Weight in FMCX	Overlap

OCIO Overweight 15 Positions Relative to FMCX

Symbol	Grade	Weight
QQQ	C	5.7%
SPMO	C	5.04%
IEI	A	4.55%
OPER	A	4.08%
SCHF	B	3.23%
GVI	A	3.18%
HEFA	B	3.18%
SCHK	B	2.98%
SHY	A	2.64%
IEF	A	1.85%
VGIT	A	1.37%
IXUS	B	1.01%
EYLD	B	0.94%
EMXC	C	0.78%
CGV	C	0.5%

OCIO Underweight 52 Positions Relative to FMCX

Symbol	Grade	Weight
AAPL	C	-6.93%
UNH	B	-6.84%
KKR	C	-6.14%
IAC	C	-5.35%
AMZN	C	-5.01%
GDDY	D	-4.98%
MSFT	C	-4.79%
LBRDK	C	-4.24%
LSXMK	C	-4.22%
GGG	B	-3.98%
PYPL	B	-3.9%
MTCH	C	-3.18%
LSXMA	C	-1.79%
GOOGL	C	-1.77%
LBRDA	C	-1.74%
PG	C	-1.3%
PM	B	-1.21%
YUM	B	-1.18%
CMCSA	B	-1.13%
MCD	A	-1.12%
AMGN	D	-1.11%
KEYS	C	-1.06%
VUSB	A	-0.92%
ICSH	A	-0.92%
GILD	A	-0.87%
CL	D	-0.85%
MO	B	-0.84%
ENTG	D	-0.82%
ARWR	F	-0.72%
NKE	D	-0.68%
HON	B	-0.6%
DHR	B	-0.55%
GOOG	C	-0.5%
BAX	D	-0.47%
YUMC	C	-0.42%
MUSA	D	-0.4%
SPGI	C	-0.37%
MTX	D	-0.33%
KEX	C	-0.33%
EQR	C	-0.3%
JPM	D	-0.3%
MUR	F	-0.25%
V	C	-0.21%
FWONK	D	-0.21%
BKNG	C	-0.19%
FLWS	F	-0.15%
GD	A	-0.13%
BATRK	F	-0.11%
PNR	A	-0.1%
FWONA	D	-0.05%
VMEO	C	-0.03%
BATRA	F	-0.02%

OCIO: Top Represented Industries & Keywords

Industries: