DFND vs. SPHQ ETF Comparison

Comparison of Realty Shares DIVCON Dividend Defender ETF (DFND) to PowerShares S&P 500 High Quality Portfolio (SPHQ)

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

$43.63

Average Daily Volume

862

Number of Holdings ^*

70

* may have additional holdings in another (foreign) market

SPHQ

PowerShares S&P 500 High Quality Portfolio

SPHQ Description

The PowerShares S&P 500® High Quality Portfolio (Fund) is based on the S&P 500® High Quality Rankings Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to the constituents of the S&P 500 Index that are identified as stocks reflecting long-term growth and stability of a company's earnings and dividends. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$68.76

Average Daily Volume

862,140

Number of Holdings ^*

99

* may have additional holdings in another (foreign) market

Performance

Period	DFND	SPHQ
30 Days	5.89%	3.15%
60 Days	1.30%	2.09%
90 Days	14.77%	4.33%
12 Months	14.91%	33.37%

28 Overlapping Holdings

	Symbol	Grade	Weight in DFND	Weight in SPHQ	Overlap
	AAPL	B	0.95%	4.97%	0.95%
	AMAT	F	1.59%	1.68%	1.59%
	AOS	D	1.09%	0.11%	0.11%
	APA	F	-0.82%	0.1%	-0.82%
	AVGO	D	0.86%	5.28%	0.86%
	BR	A	0.75%	0.27%	0.27%
	CMI	A	2.09%	0.57%	0.57%
	COST	B	1.2%	4.29%	1.2%
	CSCO	A	1.5%	2.61%	1.5%
	CTAS	B	2.6%	0.76%	0.76%
	FAST	B	1.13%	0.59%	0.59%
	GWW	A	2.25%	0.59%	0.59%
	HSY	F	1.36%	0.26%	0.26%
	INTU	C	0.78%	1.83%	0.78%
	ITW	A	1.71%	1.16%	1.16%
	KLAC	F	2.42%	1.05%	1.05%
	LMT	D	2.05%	1.65%	1.65%
	MA	B	1.75%	5.45%	1.75%
	MCHP	F	0.08%	0.43%	0.08%
	MCO	A	1.85%	0.73%	0.73%
	MLM	B	0.8%	0.44%	0.44%
	MPC	F	2.11%	0.58%	0.58%
	MSFT	D	1.0%	4.5%	1.0%
	PG	A	2.27%	3.89%	2.27%
	ROK	B	1.65%	0.4%	0.4%
	SHW	A	2.25%	1.01%	1.01%
	V	A	2.68%	5.29%	2.68%
	VRSK	A	2.44%	0.45%	0.45%

DFND Overweight 42 Positions Relative to SPHQ

	Symbol	Grade	Weight
	SNA	A	2.66%
	FDS	B	2.22%
	NDSN	B	2.22%
	MCD	D	2.2%
	BRO	B	2.13%
	PHM	C	2.0%
	MSI	C	1.86%
	PPG	D	1.77%
	ETN	A	1.74%
	AON	A	1.52%
	ALLE	D	1.51%
	DHI	D	1.47%
	HON	B	1.45%
	J	F	1.42%
	CB	D	1.39%
	ADI	D	1.37%
	MSCI	C	1.33%
	MPWR	F	1.31%
	HUBB	B	1.27%
	CBOE	B	1.26%
	CME	A	1.24%
	MMC	A	1.21%
	LIN	D	1.2%
	CMCSA	C	1.15%
	LW	C	1.13%
	ALB	C	1.01%
	GL	C	0.93%
	ODFL	B	0.88%
	ACN	B	0.34%
	PARA	C	-0.33%
	INTC	C	-1.08%
	VFC	C	-1.1%
	DVN	F	-1.12%
	FCX	F	-1.86%
	NWS	B	-1.96%
	LUV	B	-2.05%
	SW	B	-2.15%
	T	A	-2.19%
	IP	B	-2.32%
	F	C	-2.41%
	CNP	A	-2.56%
	D	C	-2.96%

DFND Underweight 71 Positions Relative to SPHQ

	Symbol	Grade	Weight
	JNJ	D	-4.84%
	NFLX	B	-4.24%
	ADBE	C	-2.87%
	PEP	F	-2.26%
	QCOM	F	-2.2%
	GE	D	-2.02%
	ADP	B	-2.01%
	CAT	B	-2.01%
	PGR	A	-1.63%
	TJX	A	-1.54%
	PANW	C	-1.24%
	NKE	F	-1.08%
	LRCX	F	-1.06%
	MDLZ	F	-0.9%
	EMR	A	-0.88%
	AMP	B	-0.86%
	ADSK	B	-0.86%
	ZTS	D	-0.74%
	PAYX	B	-0.66%
	IT	C	-0.64%
	KMB	C	-0.52%
	ROST	C	-0.47%
	KVUE	A	-0.46%
	COR	C	-0.46%
	VLO	C	-0.44%
	LEN	C	-0.42%
	ACGL	D	-0.41%
	IDXX	F	-0.4%
	GEHC	F	-0.4%
	MNST	B	-0.4%
	LULU	C	-0.38%
	SYY	C	-0.37%
	A	D	-0.37%
	EA	C	-0.37%
	CTSH	B	-0.37%
	VMC	B	-0.37%
	CNC	F	-0.36%
	EBAY	C	-0.34%
	DD	D	-0.32%
	NVR	D	-0.3%
	DECK	A	-0.29%
	BALL	D	-0.27%
	KEYS	B	-0.26%
	ADM	F	-0.26%
	K	A	-0.26%
	VLTO	C	-0.26%
	TROW	A	-0.26%
	CDW	F	-0.25%
	CLX	C	-0.24%
	BLDR	C	-0.24%
	CINF	A	-0.23%
	LH	B	-0.23%
	EXPD	C	-0.21%
	ULTA	F	-0.21%
	LYB	F	-0.21%
	OMC	C	-0.2%
	STE	F	-0.2%
	BAX	F	-0.19%
	POOL	C	-0.19%
	JBL	C	-0.19%
	HOLX	D	-0.17%
	EG	C	-0.16%
	FFIV	A	-0.15%
	CHRW	C	-0.14%
	SWKS	F	-0.14%
	JKHY	D	-0.13%
	MKTX	D	-0.1%
	BWA	C	-0.1%
	PAYC	A	-0.1%
	RL	B	-0.09%
	SOLV	C	-0.09%

DFND: Top Represented Industries & Keywords

Industries: Diversified Industrials Semiconductors Specialty Chemicals Business Services Capital Markets Insurance Brokers Communication Equipment Credit Services Financial Data & Stock Exchanges Industrial Distribution Oil & Gas E&P Packaging & Containers Residential Construction Semiconductor Equipment & Materials Aerospace & Defense Airlines Apparel Manufacturing Auto Manufacturers Broadcasting - TV Building Materials

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Natural Gas Insurance Mining Risk Management Semiconductor Telecommunications Chemical Computing Integrated Circuits Oil And Gas Aerospace Electronics Payment Systems Power Management Smartphones Adhesives Broadband

SPHQ: Top Represented Industries & Keywords

Industries: Business Services Diversified Industrials Software - Application Household & Personal Products Semiconductors Apparel Stores Building Materials Diagnostics & Research Information Technology Services Medical Instruments & Supplies Semiconductor Equipment & Materials Asset Management Beverages - Soft Drinks Capital Markets Confectioners Credit Services Footwear & Accessories Health Information Services Industrial Distribution Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Computing Clothing Insurance Semiconductor Department Store Acid Aerospace Building Materials Construction Electronics Integrated Circuits Mobile Devices Work From Home CRM Casualty Insurance E Commerce E-Commerce