DFNV vs. PEY ETF Comparison

Comparison of TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) to PowerShares High Yield Dividend Achievers (PEY)

DFNV

TrimTabs Donoghue Forlines Risk Managed Innovation ETF

DFNV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation 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 U.S. publicly traded companies with strong free cash flow and strong research and development (R&D) investment

Grade (RS Rating)

Last Trade

$36.52

Average Daily Volume

20,590

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PEY

PowerShares High Yield Dividend Achievers

PEY Description

The PowerShares High Yield Equity Dividend Achievers Portfolio (Fund) is based on the NASDAQ US Dividend AchieversTM 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Mergent Dividend Achievers 50 Index to NASDAQ Dividend Achievers 50 Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$22.74

Average Daily Volume

192,572

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFNV	PEY
30 Days	5.72%	2.93%
60 Days	9.66%	4.08%
90 Days	12.32%	4.75%
12 Months	39.55%	21.64%

3 Overlapping Holdings

Symbol	Grade	Weight in DFNV	Weight in PEY	Overlap
BMY	B	1.99%	2.38%	1.99%
IBM	C	2.04%	1.5%	1.5%
MMM	D	1.24%	1.24%	1.24%

DFNV Overweight 96 Positions Relative to PEY

Symbol	Grade	Weight
AAPL	C	7.79%
AVGO	D	4.14%
CRM	B	2.93%
NOW	A	2.72%
APP	B	2.69%
ABBV	F	2.59%
JNJ	C	2.45%
ADBE	C	2.35%
PLTR	B	2.33%
INTU	B	2.3%
QCOM	F	2.14%
PANW	B	1.96%
GILD	C	1.91%
UBER	F	1.83%
SPOT	B	1.8%
CRWD	B	1.7%
AMGN	F	1.6%
FTNT	C	1.58%
ANET	C	1.58%
DASH	B	1.53%
MSI	B	1.52%
TEAM	A	1.38%
PYPL	B	1.37%
TTD	B	1.24%
ADSK	A	1.24%
VRT	B	1.22%
SNOW	B	1.17%
WDAY	B	1.17%
DDOG	A	1.14%
EA	A	1.09%
VEEV	C	1.04%
RBLX	C	1.0%
ZS	B	0.98%
UI	B	0.97%
EXPE	B	0.83%
NTAP	C	0.81%
DOCU	B	0.81%
ZM	C	0.8%
MCHP	F	0.79%
NTNX	B	0.78%
RMD	C	0.77%
PTC	B	0.76%
MANH	D	0.75%
DUOL	A	0.72%
PINS	F	0.7%
PSTG	D	0.68%
GEN	B	0.68%
DT	D	0.66%
FFIV	B	0.6%
PCTY	C	0.59%
VRSN	C	0.57%
PEGA	B	0.54%
NBIX	C	0.53%
JKHY	D	0.51%
GNRC	C	0.5%
SWKS	F	0.5%
SMAR	B	0.5%
SOLV	D	0.49%
CVLT	B	0.48%
DBX	B	0.48%
LYFT	C	0.48%
HAS	D	0.44%
JAZZ	B	0.44%
ETSY	D	0.42%
NYT	D	0.4%
PATH	C	0.4%
MTCH	D	0.4%
ALTR	B	0.4%
QLYS	B	0.39%
HALO	F	0.38%
TENB	C	0.36%
PI	D	0.36%
BOX	B	0.36%
MAT	D	0.36%
CWAN	B	0.33%
CRUS	D	0.32%
ENPH	F	0.3%
ALKS	C	0.3%
QRVO	F	0.29%
BL	B	0.28%
IGT	F	0.25%
ZETA	D	0.24%
VERX	A	0.23%
RNG	C	0.22%
PLTK	B	0.22%
PRGS	A	0.21%
ALRM	C	0.21%
AMZN	C	0.2%
ACAD	C	0.2%
TDC	D	0.2%
RPD	B	0.19%
YELP	C	0.18%
FLNC	D	0.18%
YOU	D	0.17%
PTGX	D	0.17%
CMPR	D	0.15%

DFNV Underweight 46 Positions Relative to PEY

Symbol	Grade	Weight
WBA	F	-3.67%
MO	A	-3.37%
FIBK	B	-2.89%
BEN	C	-2.89%
VZ	C	-2.84%
CCOI	B	-2.8%
UVV	B	-2.66%
UGI	C	-2.61%
KEY	B	-2.39%
UPS	C	-2.35%
TROW	B	-2.29%
NWN	A	-2.21%
TFC	A	-2.18%
PFE	F	-2.18%
WSBC	B	-2.16%
AVA	A	-2.15%
NWE	B	-2.14%
EVRG	A	-2.07%
CVX	A	-2.07%
SR	A	-2.06%
BKH	A	-2.05%
RF	A	-2.04%
OGE	A	-2.03%
PRU	A	-1.99%
PM	B	-1.99%
LYB	F	-1.95%
USB	A	-1.95%
PNW	A	-1.86%
UBSI	B	-1.8%
INDB	B	-1.77%
POR	C	-1.72%
PNC	B	-1.67%
WEC	A	-1.67%
FLO	D	-1.67%
TRN	B	-1.67%
ES	C	-1.67%
PRGO	C	-1.54%
MAN	F	-1.51%
IPG	D	-1.46%
BBY	D	-1.45%
SON	F	-1.42%
EMN	C	-1.41%
HPQ	B	-1.38%
KMB	C	-1.38%
SWK	D	-1.19%
NXST	C	-1.12%