XTN vs. DVAL ETF Comparison

Comparison of SPDR S&P Transportation ETF (XTN) to Dynamic US Large Cap Value ETF (DVAL)

XTN

SPDR S&P Transportation ETF

XTN Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the transportation segment of a U.S. total market composite index. In seeking to track the performance of the S&P Transportation Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the transportation industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$79.12

Average Daily Volume

9,639

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVAL

Dynamic US Large Cap Value ETF

DVAL Description

Dynamic US Large Cap Value ETF is an exchange traded fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. and Brandywine Global Investment Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 1000 Value Index and the S&P 500 Index. It employs proprietary research to create its portfolio. Dynamic US Large Cap Value ETF was formed on December 27, 2006 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$13.28

Average Daily Volume

12,247

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XTN	DVAL
30 Days	1.67%	2.45%
60 Days	-0.46%	0.62%
90 Days	-4.33%	5.48%
12 Months	8.58%	17.77%

1 Overlapping Holdings

	Symbol	Grade	Weight in XTN	Weight in DVAL	Overlap
	CSX	D	2.28%	4.37%	2.28%

XTN Overweight 42 Positions Relative to DVAL

Symbol	Grade	Weight
KEX	A	3.37%
UAL	B	3.25%
DAL	A	3.19%
ALK	C	3.04%
CHRW	C	2.95%
SKYW	B	2.92%
MATX	B	2.8%
CAR	D	2.79%
R	A	2.79%
GNK	A	2.77%
GXO	C	2.75%
FDX	D	2.69%
HUBG	B	2.61%
AAL	C	2.59%
LSTR	D	2.55%
WERN	D	2.53%
UNP	C	2.52%
EXPD	D	2.49%
SNDR	D	2.49%
UPS	D	2.49%
LYFT	C	2.38%
JOBY	D	2.38%
XPO	D	2.35%
KNX	D	2.3%
NSC	D	2.3%
RXO	D	2.26%
ODFL	F	2.19%
JBLU	F	2.18%
JBHT	F	2.17%
ARCB	F	2.16%
UBER	D	2.15%
LUV	D	2.1%
ATSG	C	2.05%
SAVE	F	2.04%
ALGT	F	1.94%
HTZ	F	1.8%
SAIA	F	1.78%
UHAL	B	1.43%
FWRD	F	1.3%
MRTN	D	1.04%
SNCY	F	1.03%
HTLD	F	0.74%

XTN Underweight 9 Positions Relative to DVAL

Symbol	Grade	Weight
LMT	A	-4.53%
CMCSA	D	-3.81%
AFL	A	-3.67%
COP	C	-3.63%
MPC	D	-3.38%
CSCO	D	-3.16%
IBM	D	-2.55%
DE	B	-2.53%
CVX	B	-2.48%