RMIF vs. RAAX ETF Comparison

Comparison of ETF Series Solutions LHA Risk-Managed Income ETF (RMIF) to VanEck Vectors Real Asset Allocation ETF (RAAX)

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

$25.35

Average Daily Volume

3,406

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

RAAX

VanEck Vectors Real Asset Allocation ETF

RAAX Description

The investment seeks long-term total return. The fund invests, under normal circumstances, primarily in (i) exchange traded products that provide exposure to real assets through investment in domestic and foreign equity and debt securities, master limited partnerships ("MLPs"), and physical commodities, including ETFs and non-1940 Act (defined herein) commodity pools or commodity trusts and exchange traded notes ("ETNs") (collectively, "ETPs"); and (ii) cash or cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.71

Average Daily Volume

13,574

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	RMIF	RAAX
30 Days	1.33%	1.61%
60 Days	1.73%	2.43%
90 Days	2.20%	4.13%
12 Months	6.51%	8.14%

0 Overlapping Holdings

	Symbol	Grade	Weight in RMIF	Weight in RAAX	Overlap

RMIF Overweight 5 Positions Relative to RAAX

	Symbol	Grade	Weight
	BKLN	A	20.28%
	SJNK	A	20.26%
	SRLN	A	20.2%
	FTSL	A	19.33%
	SHYG	A	19.05%

RMIF Underweight 9 Positions Relative to RAAX

	Symbol	Grade	Weight
	PIT	D	-20.31%
	EINC	A	-12.76%
	REZ	B	-7.01%
	PAVE	B	-4.78%
	NLR	D	-1.82%
	SLX	D	-1.63%
	GDX	B	-1.34%
	PHO	B	-1.03%
	MOO	C	-1.0%

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

RAAX: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund American Depositary Receipt Exchange Traded Funds Agribusiness Agricultural Products Agriculture Agronomy Aquaculture Commodity Commodity Markets Depositary Receipt Energy Infrastructure Exchange Traded Products Farm Machinery Fertilizer Food Industry Gold Mining Gold Mining Industry Investment Trust