RMIF vs. MSSS ETF Comparison

Comparison of LHA Risk-Managed Income ETF (RMIF) to Monarch Select Subsector Index ETF (MSSS)

RMIF

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

$25.40

Average Daily Volume

2,468

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

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

$28.56

Average Daily Volume

7,491

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	RMIF	MSSS
30 Days	0.59%	-2.41%
60 Days	1.12%	-0.49%
90 Days	2.35%	3.49%
12 Months	8.07%

0 Overlapping Holdings

	Symbol	Grade	Weight in RMIF	Weight in MSSS	Overlap

RMIF Overweight 4 Positions Relative to MSSS

	Symbol	Grade	Weight
	BKLN	A	20.26%
	SJNK	A	20.15%
	SRLN	A	20.09%
	FTSL	A	19.39%

RMIF Underweight 5 Positions Relative to MSSS

	Symbol	Grade	Weight
	XAR	A	-10.41%
	KBWP	A	-10.38%
	KIE	A	-10.32%
	PBJ	C	-9.87%
	XLRE	C	-9.73%

RMIF: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Asset Backed Security Bank Loans Barclays Blackstone Bond Bond Market Index Bond Market Indices Debt Securities Exchange Traded Funds High Yield Debt Index Fund Invesco Powershares Loan Mortgage Backed Security State Street Global Advisors Structured Finance iBoxx

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)