DFND vs. VEU ETF Comparison

Comparison of Realty Shares DIVCON Dividend Defender ETF (DFND) to Vanguard FTSE All World Ex US ETF (VEU)

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

$38.85

Average Daily Volume

1,299

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VEU

Vanguard FTSE All World Ex US ETF

VEU Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of companies located in developed and emerging markets outside of the United States. The fund employs an indexing investment approach designed to track the performance of the FTSE All-World ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international markets. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$60.44

Average Daily Volume

2,500,554

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFND	VEU
30 Days	2.24%	7.51%
60 Days	-2.24%	3.09%
90 Days	2.60%	7.16%
12 Months	11.82%	15.05%

1 Overlapping Holdings

	Symbol	Grade	Weight in DFND	Weight in VEU	Overlap
	WCN	C	1.2%	0.15%	0.15%

DFND Overweight 81 Positions Relative to VEU

Symbol	Grade	Weight
NDSN	A	1.86%
LHX	A	1.76%
JBHT	D	1.67%
NUE	D	1.65%
EOG	C	1.6%
MCK	A	1.59%
BRO	B	1.52%
TXN	A	1.51%
WST	D	1.49%
HSY	B	1.44%
BBY	D	1.44%
ZTS	D	1.4%
LRCX	D	1.35%
AFL	A	1.34%
SPGI	B	1.34%
TSCO	B	1.32%
APH	A	1.3%
AVGO	C	1.29%
BAX	F	1.28%
MCO	A	1.26%
MSFT	C	1.26%
V	C	1.25%
DFS	C	1.24%
MA	D	1.21%
GWW	D	1.21%
CSX	D	1.21%
HPQ	C	1.21%
AAPL	B	1.21%
SSNC	C	1.2%
SWKS	F	1.17%
FDS	D	1.16%
DG	D	1.15%
CL	A	1.15%
ODFL	D	1.14%
DHI	D	1.14%
TGT	D	1.13%
KLAC	A	1.13%
ALLY	B	1.13%
LOW	D	1.12%
DHR	B	1.11%
POOL	D	1.11%
ABT	F	1.11%
PH	A	1.1%
CDW	D	1.1%
A	B	1.09%
ADI	A	1.08%
CE	D	1.08%
DPZ	C	1.08%
QCOM	A	1.07%
TMO	B	1.07%
MS	A	1.06%
AMAT	C	1.03%
WSM	A	1.03%
GS	A	1.03%
BEN	D	1.03%
NKE	F	0.99%
HD	D	0.98%
UI	C	0.97%
AVY	A	0.97%
EXPD	D	0.96%
MPWR	B	0.93%
TROW	D	0.86%
SHW	D	0.84%
TER	A	0.84%
INTU	D	0.84%
MSCI	D	0.8%
VTRS	D	0.8%
F	D	0.8%
EA	F	0.8%
MGM	F	0.8%
HES	B	0.8%
GE	C	0.8%
SLB	D	0.8%
KHC	C	0.8%
D	A	0.8%
BKR	D	0.8%
DTE	A	0.8%
HAL	F	0.8%
CNP	B	0.8%
PGR	A	0.8%
OXY	D	0.8%

DFND Underweight 36 Positions Relative to VEU

Symbol	Grade	Weight
TM	D	-0.98%
NVS	B	-0.73%
BABA	B	-0.58%
UL	A	-0.46%
MUFG	C	-0.4%
TD	F	-0.38%
HDB	D	-0.37%
SONY	F	-0.37%
SHOP	F	-0.29%
DEO	D	-0.28%
TSM	B	-0.28%
PDD	B	-0.27%
SMFG	C	-0.26%
ABBV	D	-0.26%
CNI	D	-0.25%
HMC	D	-0.2%
MFG	C	-0.18%
STLA	D	-0.17%
LYG	A	-0.15%
BCS	A	-0.14%
VALE	C	-0.13%
FLUT	C	-0.12%
IBN	C	-0.12%
E	B	-0.12%
INFY	F	-0.1%
BIDU	C	-0.1%
TCOM	A	-0.09%
GOLD	B	-0.07%
NMR	D	-0.06%
ITUB	D	-0.06%
LI	F	-0.05%
YUMC	F	-0.05%
PKX	F	-0.04%
XRX	D	-0.04%
KB	A	-0.04%
LOGI	D	-0.04%