RMIF vs. HFND ETF Comparison

Comparison of ETF Series Solutions LHA Risk-Managed Income ETF (RMIF) to Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)

RMIF

ETF Series Solutions LHA Risk-Managed Income ETF

RMIF Description

The fund is an actively-managed "fund of funds" and seeks to achieve its investment objective by investing primarily in other investment companies, including other actively managed exchange-traded funds ("ETFs") and index-based ETFs (collectively, "Underlying Investments"), that provide exposure to a broad range of fixed income asset classes. The fund may also invest in cash, cash equivalents, or money market funds.

Grade (RS Rating)

Last Trade

$25.11

Average Daily Volume

3,908

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

HFND

Unlimited HFND Multi-Strategy Return Tracker ETF

HFND Description

The fund"s portfolio will generally consist of long and short positions in 30 to 50 Underlying ETFs and futures contracts. In addition, the fund may invest in swap agreements. It will not invest in hedge funds. To achieve an appropriate risk/return profile for the fund"s portfolio, the fund will also "short" the securities of Underlying ETFs. It is non-diversified.

Grade (RS Rating)

Last Trade

$21.58

Average Daily Volume

5,326

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	RMIF	HFND
30 Days	0.95%	-0.75%
60 Days	0.85%	-0.17%
90 Days	1.07%	0.98%
12 Months	6.46%	3.90%

1 Overlapping Holdings

	Symbol	Grade	Weight in RMIF	Weight in HFND	Overlap
	BKLN	A	20.43%	6.07%	6.07%

RMIF Overweight 4 Positions Relative to HFND

	Symbol	Grade	Weight
	SRLN	C	20.35%
	SJNK	A	20.03%
	FTSL	C	19.4%
	SHYG	A	18.83%

RMIF Underweight 6 Positions Relative to HFND

	Symbol	Grade	Weight
	HYG	A	-25.58%
	VWO	D	-8.54%
	ICVT	B	-5.45%
	IGHG	B	-5.26%
	VXUS	C	-5.01%
	VUG	D	-4.94%

RMIF: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Bond Market Indices High Yield Debt iBoxx Asset Backed Security Bank Loans Barclays Blackstone Bond Fund Bond Market Index Corporate Bond Debt Securities Exchange Traded Funds Index Fund Invesco Powershares Loan Mortgage Backed Security Rate Bank Loans

HFND: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Stock Market Index Bond Market Indices Corporate Bond Emerging Market Index Fund Barclays Bloomberg Barclays Us Aggregate Bond Index Capitalization Weighted Index Convertibles Credit Default Swap Index Economic Geography Equity Derivative Exchange Traded Funds Ftse Emerging Index Ftse Global Energy Index High Yield Debt Invesco Powershares