BCUS vs. DFND ETF Comparison

Comparison of Bancreek U.S. Large Cap ETF (BCUS) to Realty Shares DIVCON Dividend Defender ETF (DFND)

BCUS

Bancreek U.S. Large Cap ETF

BCUS Description

The fund is an actively managed exchange-traded fund ("ETF") that invests in equity securities consisting primarily of common and preferred stock and securities convertible into common stock. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of U.S.-listed large capitalization companies.

Grade (RS Rating)

Last Trade

$31.99

Average Daily Volume

15,962

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFND

Realty Shares DIVCON Dividend Defender ETF

DFND Description

The investment seeks long-term capital appreciation by tracking the performance, before fees and expenses, of the Reality Shares DIVCON Dividend Defender Index. The index is designed to select the companies for a long position that have the highest probability of increasing their dividend in a 12-month period and select the companies for a short position that have the highest probability of decreasing their dividend in a 12-month period. Under normal circumstances, at least 80% of the fund's assets (other than collateral held from securities lending, if any) will be invested in component securities of the benchmark index. It is non-diversified.

Grade (RS Rating)

Last Trade

$43.30

Average Daily Volume

849

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BCUS	DFND
30 Days	2.99%	6.81%
60 Days	5.13%	3.15%
90 Days	6.32%	13.91%
12 Months		14.05%

14 Overlapping Holdings

Symbol	Grade	Weight in BCUS	Weight in DFND	Overlap
AAPL	C	3.9%	0.95%	0.95%
ADI	D	2.02%	1.37%	1.37%
AVGO	D	3.68%	0.86%	0.86%
CTAS	B	4.02%	2.6%	2.6%
ETN	A	3.08%	1.74%	1.74%
FDS	B	2.37%	2.22%	2.22%
GWW	B	4.26%	2.25%	2.25%
HSY	F	3.02%	1.36%	1.36%
HUBB	B	4.1%	1.27%	1.27%
LIN	C	3.36%	1.2%	1.2%
MMC	B	3.18%	1.21%	1.21%
MSFT	D	3.86%	1.0%	1.0%
MSI	B	4.25%	1.86%	1.86%
ODFL	C	3.64%	0.88%	0.88%

BCUS Overweight 16 Positions Relative to DFND

Symbol	Grade	Weight
HLI	A	4.28%
CDNS	B	4.21%
APH	A	4.11%
PH	A	3.96%
ORLY	B	3.53%
ABBV	F	3.51%
SNPS	B	3.49%
DHR	F	3.29%
CXT	C	3.24%
IT	C	3.19%
MLI	B	2.76%
CBZ	B	2.6%
AZO	C	2.44%
TT	A	2.25%
MUSA	B	2.19%
CSL	C	2.07%

BCUS Underweight 56 Positions Relative to DFND

Symbol	Grade	Weight
V	A	-2.68%
SNA	A	-2.66%
VRSK	A	-2.44%
KLAC	F	-2.42%
PG	C	-2.27%
SHW	B	-2.25%
NDSN	B	-2.22%
MCD	D	-2.2%
BRO	B	-2.13%
MPC	D	-2.11%
CMI	A	-2.09%
LMT	D	-2.05%
PHM	D	-2.0%
MCO	B	-1.85%
PPG	F	-1.77%
MA	B	-1.75%
ITW	B	-1.71%
ROK	C	-1.65%
AMAT	F	-1.59%
AON	A	-1.52%
ALLE	C	-1.51%
CSCO	B	-1.5%
DHI	F	-1.47%
HON	C	-1.45%
J	D	-1.42%
CB	C	-1.39%
MSCI	C	-1.33%
MPWR	F	-1.31%
CBOE	C	-1.26%
CME	B	-1.24%
COST	A	-1.2%
CMCSA	B	-1.15%
FAST	B	-1.13%
LW	C	-1.13%
AOS	F	-1.09%
ALB	B	-1.01%
GL	C	-0.93%
MLM	C	-0.8%
INTU	B	-0.78%
BR	A	-0.75%
ACN	B	-0.34%
MCHP	F	-0.08%
PARA	C	--0.33%
APA	D	--0.82%
INTC	C	--1.08%
VFC	C	--1.1%
DVN	F	--1.12%
FCX	F	--1.86%
NWS	B	--1.96%
LUV	C	--2.05%
SW	A	--2.15%
T	A	--2.19%
IP	A	--2.32%
F	C	--2.41%
CNP	A	--2.56%
D	C	--2.96%