DFND vs. PDP ETF Comparison

Comparison of Realty Shares DIVCON Dividend Defender ETF (DFND) to PowerShares DWA Technical Leaders Portfolio (PDP)

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

PDP

PowerShares DWA Technical Leaders Portfolio

PDP Description

The PowerShares DWA Momentum Portfolio (Fund) is based on the Dorsey Wright Technical Leaders™ Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and ADRs based on the securities in the Index. The Index includes approximately 100 US-listed companies from a broad mid- and large-capitalization universe. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC's proprietary methodology, which takes into account, among other factors, the performance of each of the 3,000 largest US-listed companies as compared to a benchmark index, and the relative performance of industry sectors and sub-sectors. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA Technical Leaders Portfolio to PowerShares DWA Momentum Portfolio.

Grade (RS Rating)

Last Trade

$114.30

Average Daily Volume

20,294

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	DFND	PDP
30 Days	6.81%	7.96%
60 Days	3.15%	11.45%
90 Days	13.91%	12.87%
12 Months	14.05%	41.21%

13 Overlapping Holdings

Symbol	Grade	Weight in DFND	Weight in PDP	Overlap
AAPL	C	0.95%	2.79%	0.95%
BRO	B	2.13%	0.65%	0.65%
COST	A	1.2%	1.52%	1.2%
CTAS	B	2.6%	1.54%	1.54%
DHI	F	1.47%	0.41%	0.41%
ETN	A	1.74%	0.57%	0.57%
GWW	B	2.25%	2.12%	2.12%
KLAC	F	2.42%	1.04%	1.04%
MA	B	1.75%	2.84%	1.75%
MMC	B	1.21%	0.53%	0.53%
MSFT	D	1.0%	0.89%	0.89%
PHM	D	2.0%	0.51%	0.51%
V	A	2.68%	1.27%	1.27%

DFND Overweight 57 Positions Relative to PDP

Symbol	Grade	Weight
SNA	A	2.66%
VRSK	A	2.44%
PG	C	2.27%
SHW	B	2.25%
FDS	B	2.22%
NDSN	B	2.22%
MCD	D	2.2%
MPC	D	2.11%
CMI	A	2.09%
LMT	D	2.05%
MSI	B	1.86%
MCO	B	1.85%
PPG	F	1.77%
ITW	B	1.71%
ROK	C	1.65%
AMAT	F	1.59%
AON	A	1.52%
ALLE	C	1.51%
CSCO	B	1.5%
HON	C	1.45%
J	D	1.42%
CB	C	1.39%
ADI	D	1.37%
HSY	F	1.36%
MSCI	C	1.33%
MPWR	F	1.31%
HUBB	B	1.27%
CBOE	C	1.26%
CME	B	1.24%
LIN	C	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%
ODFL	C	0.88%
AVGO	D	0.86%
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	A	-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%

DFND Underweight 87 Positions Relative to PDP

Symbol	Grade	Weight
APP	B	-4.16%
TRGP	A	-2.86%
CPRT	B	-2.81%
APH	A	-2.53%
FI	A	-2.24%
ROP	B	-2.23%
TDG	D	-2.22%
KNSL	B	-1.9%
TT	A	-1.69%
FIX	A	-1.64%
VST	A	-1.52%
PWR	A	-1.43%
PLTR	B	-1.39%
FICO	B	-1.33%
HWM	A	-1.28%
NVR	D	-1.24%
URI	C	-1.23%
ARES	A	-1.22%
TJX	A	-1.22%
MTSI	B	-1.18%
THC	D	-1.13%
RCL	A	-1.06%
AFRM	A	-1.05%
LLY	F	-1.05%
ANET	C	-1.04%
AXON	A	-1.03%
ORCL	A	-0.95%
ISRG	A	-0.95%
KKR	A	-0.94%
APO	B	-0.93%
EME	A	-0.93%
BAH	F	-0.93%
META	D	-0.91%
PCVX	D	-0.89%
HOOD	B	-0.79%
CSL	C	-0.77%
WING	D	-0.76%
NFLX	A	-0.76%
BX	A	-0.74%
AIT	B	-0.74%
EVR	B	-0.73%
WAL	B	-0.72%
ONTO	F	-0.71%
NTNX	B	-0.71%
CLH	C	-0.69%
COKE	C	-0.69%
PRI	B	-0.69%
ENSG	C	-0.69%
AAON	B	-0.68%
AJG	A	-0.68%
MANH	D	-0.67%
TTEK	F	-0.66%
HLI	A	-0.66%
OKE	A	-0.66%
NTRA	A	-0.65%
JEF	A	-0.65%
DASH	B	-0.64%
MUSA	B	-0.64%
FCNCA	A	-0.63%
CARR	C	-0.61%
FLR	B	-0.61%
PH	A	-0.6%
USFD	A	-0.6%
TXRH	B	-0.6%
EXP	B	-0.6%
IRM	C	-0.6%
CW	C	-0.57%
COHR	B	-0.57%
GWRE	A	-0.56%
TOL	B	-0.55%
BJ	A	-0.55%
HRB	D	-0.54%
IR	B	-0.53%
PSN	D	-0.53%
PTC	B	-0.53%
ICE	C	-0.52%
LDOS	C	-0.52%
PGR	A	-0.52%
LII	A	-0.51%
UFPI	C	-0.51%
TMHC	C	-0.5%
ACGL	C	-0.46%
HCA	F	-0.45%
MTH	D	-0.42%
NSIT	F	-0.41%
ERIE	D	-0.41%
REGN	F	-0.34%