TBFC vs. LCR ETF Comparison

Comparison of The Brinsmere Fund Conservative ETF (TBFC) to Leuthold Core ETF (LCR)

TBFC

The Brinsmere Fund Conservative ETF

TBFC Description

TBFC is designed to deliver multi-asset exposure while seeking long-term capital appreciation with capital preservation. It holds funds that represent the broad equity and bond markets as selected based on a set of risk-management techniques of two independent proprietary strategies. The Systematic Market Beta Strategy (SMB) and the Classic Asset Allocation Revisited Strategy (CAAR) are rules-based, tactical asset allocation investment strategies used to systematically rebalance the funds holdings. The former aims to reduce risk and enhance performance based on market risk assessments, while the latter seeks tactical adaptation to changing market conditions using mean-variance optimization. The fund employs a conservative model of CAAR with a 20% equity floor target and a 40% equity cap. Both strategies are re-evaluated and rebalanced monthly. TBGC launched alongside its sister fund, TBFG, which seeks a growth-focused portfolio.

Grade (RS Rating)

Last Trade

$27.09

Average Daily Volume

1,048

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

LCR

Leuthold Core ETF

LCR Description

The investment seeks capital appreciation and income (or total return). The fund is an actively-managed fund of funds and seeks to achieve its objective by investing primarily in other registered investment companies, including other actively-managed exchange-traded funds (ETFs) and index-based ETFs (collectively, underlying funds), that provide exposure to a broad range of asset classes. The underlying funds may invest in equity securities of U.S. or foreign companies; debt obligations of U.S. or foreign companies or governments; or other investments, such as volatility indexes and managed futures.

Grade (RS Rating)

Last Trade

$35.10

Average Daily Volume

5,184

Number of Holdings ^*

11

* may have additional holdings in another (foreign) market

Performance

Period	TBFC	LCR
30 Days	3.80%	1.78%
60 Days	2.25%	2.17%
90 Days	2.82%	3.87%
12 Months		16.10%

2 Overlapping Holdings

	Symbol	Grade	Weight in TBFC	Weight in LCR	Overlap
	IEF	A	3.84%	1.85%	1.85%
	MBB	A	5.3%	1.05%	1.05%

TBFC Overweight 8 Positions Relative to LCR

	Symbol	Grade	Weight
	VGSH	A	15.26%
	RSP	A	13.45%
	BSV	A	10.27%
	VUG	C	7.49%
	VCIT	A	6.97%
	BND	A	6.6%
	VTV	A	5.77%
	BIV	A	4.88%

TBFC Underweight 9 Positions Relative to LCR

	Symbol	Grade	Weight
	SHY	A	-9.46%
	XLC	B	-8.57%
	SPDN	F	-3.75%
	PSQ	D	-3.24%
	BWX	A	-2.75%
	IAK	A	-2.68%
	FENY	D	-1.86%
	IBND	A	-1.37%
	GDX	B	-0.85%

TBFC: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Indices Merrill Lynch Stock Market Index U.S. Government Year Government Bond Market Fixed Income U.S. Treasury Bear Market ETF Bond Fund Capitalization Weighted Index Corporate Bond Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association Freddie Mac

LCR: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Exchange Traded Funds Government Bonds Index Fund U.S. Government U.S. Treasury American Depositary Receipt Barclays Bear Market ETF Bond Market Indices Direxion Dow Jones U.S. Select Dividend Total Return Index Energy Sector Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association