ABEQ vs. HDEF ETF Comparison

Comparison of Absolute Core Strategy ETF (ABEQ) to Deutsche X-trackers MSCI EAFE High Dividend Yield Hedged Equity ETF (HDEF)

ABEQ

Absolute Core Strategy ETF

ABEQ Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.85

Average Daily Volume

5,950

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

HDEF

Deutsche X-trackers MSCI EAFE High Dividend Yield Hedged Equity ETF

HDEF Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI EAFE High Dividend Yield US Dollar Hedged Index. The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to reflect the performance of equities in its parent index, the MSCI EAFE Index, with higher dividend income and quality characteristics than average dividend yields of equities in the parent index, where such higher dividend income and quality characteristics are both sustainable and persistent. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.86

Average Daily Volume

208,638

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

Performance

Period	ABEQ	HDEF
30 Days	-0.61%	-3.83%
60 Days	0.76%	-6.19%
90 Days	1.75%	-5.44%
12 Months	19.75%	11.22%

1 Overlapping Holdings

	Symbol	Grade	Weight in ABEQ	Weight in HDEF	Overlap
	UL	D	6.26%	5.05%	5.05%

ABEQ Overweight 18 Positions Relative to HDEF

	Symbol	Grade	Weight
	BRK.A	B	11.57%
	L	A	6.67%
	MDT	D	4.54%
	DD	C	4.13%
	TRV	B	3.91%
	CMCSA	B	3.85%
	EOG	A	3.58%
	CSCO	B	3.39%
	CTVA	C	2.86%
	IFF	D	2.31%
	HSY	F	1.95%
	DEO	F	1.74%
	MRK	D	1.65%
	CME	B	1.25%
	HON	C	1.11%
	EQC	B	1.02%
	VZ	C	0.98%
	GEHC	D	0.97%

ABEQ Underweight 3 Positions Relative to HDEF

	Symbol	Grade	Weight
	NVS	D	-5.14%
	STLA	F	-1.0%
	AGCO	D	-0.21%

ABEQ: Top Represented Industries & Keywords

Industries: Insurance - Property & Casualty Agricultural Inputs Beverages - Wineries & Distilleries Chemicals Communication Equipment Confectioners Diversified Industrials Drug Manufacturers - Major Financial Data & Stock Exchanges Health Information Services Household & Personal Products Insurance - Diversified Medical Devices Oil & Gas E&P Pay TV REIT - Office Specialty Chemicals Telecom Services

Keywords: S&P 500 Dow Jones Component Nasdaq 100 Natural Gas Broadband Casualty Insurance Casualty Products Crude Oil Drink Ethernet High Speed Internet Medicine Natural Gas Liquids Networking Products Semiconductor Telecommunications Video On Demand Voice Services Ablation Ablation Products

HDEF: Top Represented Industries & Keywords

Industries: Auto Manufacturers Drug Manufacturers - Major Farm & Construction Equipment Household & Personal Products

Keywords: Active Pharmaceutical Ingredients Agricultural Equipment Agricultural Machinery Agriculture Alternative Fuel Animal Health Antibiotics Automotive Manufacturers Baler Beef Biotechnology Blood Test Cars Cattle Chrysler Cleaning Products Contact Lens Contact Lenses Crop Protection Chemicals Crops