DFHY vs. ADFI ETF Comparison

Comparison of TrimTabs Donoghue Forlines Tactical High Yield ETF (DFHY) to Anfield Dynamic Fixed Income ETF (ADFI)

DFHY

TrimTabs Donoghue Forlines Tactical High Yield ETF

DFHY Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Tactical High Yield Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to exchange-traded funds (ETFs) that investment primarily in high yield debt instruments.

Grade (RS Rating)

Last Trade

$20.94

Average Daily Volume

2,554

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

ADFI

Anfield Dynamic Fixed Income ETF

ADFI Description

The investment seeks to provide total return with capital preservation as a secondary objective. The fund is an actively managed ETF that is a fund of funds, meaning that it primarily invests its assets in securities of other ETFs. It normally invests at least 80% of its net assets, including any borrowings for investment purposes, in other unaffiliated ETFs that invest in any facet of the global debt markets, including corporate bonds, U.S. government and agency securities, private debt, foreign sovereign bonds, convertible securities, bank loans, asset-backed securities, mortgage-backed securities, and cash equivalent instruments.

Grade (RS Rating)

Last Trade

$8.45

Average Daily Volume

23,572

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	DFHY	ADFI
30 Days	0.29%	1.06%
60 Days	-0.24%	-0.60%
90 Days	0.23%	-0.71%
12 Months	3.06%	1.67%

1 Overlapping Holdings

	Symbol	Grade	Weight in DFHY	Weight in ADFI	Overlap
	GOVT	C	21.64%	22.82%	21.64%

DFHY Overweight 8 Positions Relative to ADFI

	Symbol	Grade	Weight
	VGIT	D	24.27%
	SCHR	D	15.07%
	IEI	C	9.76%
	USHY	A	3.67%
	HYLB	A	1.82%
	SJNK	A	1.38%
	FALN	A	1.3%
	ANGL	A	1.24%

DFHY Underweight 5 Positions Relative to ADFI

	Symbol	Grade	Weight
	PHB	A	-20.1%
	MBB	C	-17.49%
	JAAA	B	-11.31%
	ICVT	C	-3.27%
	FTSL	A	-0.1%

DFHY: Top Represented Industries & Keywords

Industries:

Keywords: Bond Exchange Traded Fund ETF Bloomberg Barclays Us Aggregate Bond Index Corporate Bond High Yield Debt U.S. Treasury Bond Market Indices Index Fund U.S. Government Barclays Bond Market Bond Market Index Exchange Traded Funds Fixed Income Futures Markets Government Bond Government Bonds Ishares Merrill Lynch

ADFI: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Index Fund Mortgage Backed Security Structured Finance Asset Backed Security Bank Loans Barclays Bloomberg Barclays Us Aggregate Bond Index Bond Market Index Collateralized Debt Obligation Collateralized Loan Obligation Convertibles Corporate Bond Debt Securities Equity Derivative Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association