DFNL vs. ARGT ETF Comparison

Comparison of Davis Select Financial ETF (DFNL) to Global X FTSE Argentina 20 ETF (ARGT)

DFNL

Davis Select Financial ETF

DFNL Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in securities issued by companies principally engaged in the financial services sector. The fund's portfolio, generally, contains between 15 and 35 companies. It invests, principally, in common stocks. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.21

Average Daily Volume

9,031

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARGT

Global X FTSE Argentina 20 ETF

ARGT Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Argentina 20 Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure equity performance of the top 20 companies within the investable universe of Argentina-domiciled companies or companies that have substantial revenues or assets in Argentina. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$81.47

Average Daily Volume

196,851

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFNL	ARGT
30 Days	5.93%	13.67%
60 Days	9.40%	17.41%
90 Days	11.08%	30.27%
12 Months	43.54%	77.01%

0 Overlapping Holdings

	Symbol	Grade	Weight in DFNL	Weight in ARGT	Overlap

DFNL Overweight 21 Positions Relative to ARGT

Symbol	Grade	Weight
COF	C	10.07%
BRK.A	B	6.79%
JPM	A	6.32%
WFC	A	5.76%
BK	A	5.58%
FITB	B	5.52%
MKL	A	5.11%
USB	A	5.0%
CB	C	4.99%
PNC	B	4.98%
AXP	A	3.98%
L	A	3.0%
TFC	A	2.77%
BAC	A	2.49%
RKT	F	2.47%
RNR	C	2.13%
MTB	A	1.75%
NTB	B	1.62%
STT	B	1.49%
SCHW	B	1.17%
EG	C	0.9%

DFNL Underweight 19 Positions Relative to ARGT

Symbol	Grade	Weight
MELI	C	-17.94%
GGAL	B	-12.47%
YPF	B	-11.56%
PAM	A	-5.23%
BMA	C	-5.13%
TGS	A	-4.97%
CEPU	B	-3.46%
BBAR	C	-3.2%
AKO.A	F	-2.99%
ARCO	F	-2.96%
TEO	B	-2.82%
DESP	B	-2.69%
AGRO	D	-2.6%
EDN	B	-1.9%
CAAP	C	-1.69%
LOMA	C	-1.68%
SUPV	B	-1.47%
CRESY	B	-1.05%
BIOX	F	-0.47%