DFNV vs. RECS ETF Comparison

Comparison of TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) to Columbia Research Enhanced Core ETF (RECS)

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

$33.45

Average Daily Volume

2,436

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RECS

Columbia Research Enhanced Core ETF

RECS Description

The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Research Enhanced U.S. Equity Index. The fund invests at least 80% of its assets in the securities of the index. The index is comprised of a subset of the companies within the Russell 1000® Index. The index was designed to reflect the performance of U.S. large- and mid-cap growth and value companies through the application of a rules-based methodology, which typically results in approximately 325-400 Index holdings, but this range can fluctuate because the index has no constraints on number of holdings.

Grade (RS Rating)

Last Trade

$33.75

Average Daily Volume

265,845

Number of Holdings ^*

357

* may have additional holdings in another (foreign) market

Performance

Period	DFNV	RECS
30 Days	4.07%	1.69%
60 Days	6.70%	4.26%
90 Days	5.96%	4.59%
12 Months	34.39%	35.32%

53 Overlapping Holdings

Symbol	Grade	Weight in DFNV	Weight in RECS	Overlap
AAPL	C	8.55%	8.51%	8.51%
ABBV	B	3.28%	0.65%	0.65%
ADBE	F	2.5%	0.57%	0.57%
AMGN	D	1.99%	0.33%	0.33%
AMZN	C	0.2%	4.79%	0.2%
ANET	C	1.63%	0.26%	0.26%
APP	C	1.31%	0.08%	0.08%
BMY	C	1.9%	0.66%	0.66%
CRM	C	2.42%	0.65%	0.65%
CRUS	D	0.44%	0.02%	0.02%
CRWD	D	1.47%	0.16%	0.16%
DBX	C	0.47%	0.01%	0.01%
DDOG	D	1.12%	0.09%	0.09%
DOCU	C	0.63%	0.03%	0.03%
EA	D	1.05%	0.09%	0.09%
EXPE	C	0.72%	0.07%	0.07%
FFIV	B	0.58%	0.03%	0.03%
FTNT	B	1.35%	0.12%	0.12%
GILD	B	1.94%	0.19%	0.19%
GNRC	D	0.42%	0.04%	0.04%
INTU	D	2.32%	0.43%	0.43%
JAZZ	D	0.42%	0.04%	0.04%
JNJ	C	2.97%	2.57%	2.57%
MANH	B	0.78%	0.04%	0.04%
MMM	B	1.41%	0.34%	0.34%
MSI	B	1.5%	0.19%	0.19%
MTCH	C	0.53%	0.02%	0.02%
NBIX	F	0.57%	0.02%	0.02%
NOW	C	2.61%	0.45%	0.45%
NTAP	D	0.91%	0.07%	0.07%
NTNX	D	0.7%	0.04%	0.04%
NYT	B	0.46%	0.02%	0.02%
PANW	D	1.79%	0.26%	0.26%
PATH	D	0.41%	0.01%	0.01%
PEGA	B	0.45%	0.01%	0.01%
PINS	D	0.78%	0.05%	0.05%
PLTK	C	0.23%	0.0%	0.0%
PLTR	C	1.56%	0.2%	0.2%
PSTG	F	0.75%	0.04%	0.04%
PYPL	B	1.29%	0.45%	0.45%
QCOM	D	2.51%	0.5%	0.5%
QRVO	F	0.5%	0.03%	0.03%
SMAR	A	0.52%	0.02%	0.02%
SOLV	D	0.56%	0.06%	0.06%
SPOT	C	1.48%	0.13%	0.13%
SWKS	F	0.64%	0.04%	0.04%
TEAM	D	0.97%	0.06%	0.06%
TTD	B	1.18%	0.11%	0.11%
UBER	C	2.12%	0.69%	0.69%
VRSN	C	0.62%	0.04%	0.04%
VRT	C	0.96%	0.16%	0.16%
ZM	C	0.69%	0.05%	0.05%
ZS	F	0.88%	0.04%	0.04%

DFNV Overweight 45 Positions Relative to RECS

Symbol	Grade	Weight
AVGO	C	4.32%
IBM	B	2.34%
DASH	B	1.29%
WDAY	D	1.18%
ADSK	B	1.17%
SNOW	F	1.11%
VEEV	C	1.07%
MCHP	D	1.01%
RBLX	C	0.96%
RMD	C	0.87%
PTC	C	0.76%
DT	C	0.71%
UI	B	0.67%
ENPH	D	0.66%
DUOL	C	0.63%
JKHY	B	0.56%
HAS	B	0.55%
PCTY	D	0.5%
ETSY	D	0.47%
HALO	D	0.46%
CVLT	B	0.45%
MAT	D	0.42%
PI	B	0.42%
ZETA	C	0.42%
ALTR	C	0.4%
TENB	F	0.38%
BOX	C	0.38%
LYFT	D	0.37%
QLYS	D	0.36%
ALKS	D	0.32%
CWAN	C	0.31%
IGT	D	0.3%
BL	D	0.25%
YOU	B	0.23%
TDC	D	0.22%
FLNC	C	0.22%
ACAD	F	0.21%
ALRM	F	0.21%
PRGS	A	0.2%
RNG	F	0.2%
PTGX	C	0.2%
YELP	D	0.18%
VERX	D	0.18%
CMPR	F	0.17%
RPD	D	0.17%

DFNV Underweight 304 Positions Relative to RECS

Symbol	Grade	Weight
MSFT	C	-8.09%
NVDA	C	-7.64%
JPM	D	-3.35%
META	B	-3.02%
GOOGL	D	-2.24%
PG	C	-2.09%
GOOG	D	-1.9%
TMO	B	-1.55%
XOM	D	-1.53%
BAC	D	-1.5%
WFC	D	-1.11%
PM	C	-0.98%
CAT	B	-0.86%
BLK	B	-0.76%
MDT	B	-0.75%
CVX	F	-0.74%
C	C	-0.66%
UNP	D	-0.66%
CI	C	-0.64%
MMC	C	-0.61%
AMT	C	-0.59%
LMT	A	-0.55%
CSCO	B	-0.54%
BKNG	B	-0.53%
HCA	B	-0.51%
ADP	C	-0.5%
TJX	C	-0.49%
BDX	D	-0.46%
MO	C	-0.45%
EQIX	B	-0.45%
UPS	D	-0.44%
CME	B	-0.44%
CL	C	-0.43%
DIS	D	-0.42%
MCK	F	-0.41%
TT	B	-0.39%
T	B	-0.37%
PH	B	-0.37%
WM	D	-0.37%
TGT	C	-0.36%
PCG	C	-0.33%
CTAS	C	-0.32%
VST	B	-0.31%
EXC	B	-0.31%
CSX	C	-0.3%
LRCX	D	-0.29%
NUE	D	-0.29%
BK	B	-0.29%
SPG	B	-0.29%
XEL	B	-0.28%
ALL	C	-0.28%
FDX	D	-0.27%
CNC	D	-0.26%
MET	B	-0.26%
KMB	C	-0.25%
PPG	C	-0.25%
EIX	B	-0.25%
PRU	C	-0.24%
PCAR	D	-0.23%
VRTX	D	-0.23%
REGN	D	-0.21%
EOG	D	-0.21%
MTD	C	-0.21%
GIS	B	-0.21%
HLT	B	-0.21%
ETR	A	-0.21%
LYB	D	-0.2%
CMI	B	-0.2%
DTE	A	-0.2%
DHI	C	-0.2%
OTIS	B	-0.19%
KR	B	-0.19%
PAYX	C	-0.19%
CAH	C	-0.18%
AEE	B	-0.18%
ROST	C	-0.18%
MPC	F	-0.17%
KHC	C	-0.16%
LEN	B	-0.16%
RCL	B	-0.16%
FITB	B	-0.16%
CSGP	D	-0.16%
WTW	B	-0.16%
PSX	F	-0.16%
STLD	C	-0.15%
STT	B	-0.15%
DAL	C	-0.15%
PKG	B	-0.15%
GPN	D	-0.14%
WAB	B	-0.14%
ZBH	F	-0.14%
ADM	D	-0.14%
RJF	C	-0.13%
FCNCA	D	-0.13%
WY	C	-0.13%
BAX	C	-0.13%
RS	D	-0.13%
TROW	C	-0.13%
VLO	F	-0.13%
SBAC	C	-0.13%
INVH	D	-0.12%
CBOE	C	-0.12%
NI	B	-0.12%
LULU	D	-0.12%
HOLX	D	-0.12%
CE	D	-0.12%
FTV	C	-0.12%
RPM	B	-0.12%
CF	B	-0.12%
PHM	B	-0.11%
EVRG	B	-0.11%
SYF	C	-0.11%
K	A	-0.11%
AES	C	-0.11%
BR	C	-0.11%
MPWR	B	-0.11%
ARE	C	-0.11%
AVTR	C	-0.11%
LDOS	A	-0.1%
FANG	F	-0.1%
NVR	B	-0.1%
OXY	F	-0.1%
BLDR	C	-0.1%
THC	C	-0.1%
UAL	B	-0.09%
DECK	C	-0.09%
DELL	C	-0.09%
VTRS	D	-0.09%
EME	B	-0.09%
HPQ	C	-0.09%
CSL	B	-0.09%
EG	B	-0.09%
EXP	B	-0.08%
EQH	C	-0.08%
L	D	-0.08%
CAG	B	-0.08%
RGA	C	-0.08%
EXPD	B	-0.08%
MAS	B	-0.08%
OC	C	-0.07%
CVNA	B	-0.07%
QGEN	C	-0.07%
MOS	F	-0.07%
SNA	B	-0.07%
BG	F	-0.07%
HST	D	-0.07%
CCL	C	-0.07%
HPE	C	-0.07%
AMH	D	-0.07%
JLL	B	-0.07%
WSM	C	-0.07%
GLPI	C	-0.07%
SSNC	C	-0.07%
RPRX	C	-0.07%
SWK	B	-0.07%
WPC	C	-0.07%
LPX	B	-0.06%
ITT	B	-0.06%
CW	B	-0.06%
TOL	A	-0.06%
AIZ	B	-0.06%
UNM	B	-0.06%
JEF	C	-0.06%
EWBC	C	-0.06%
LVS	C	-0.06%
ACM	B	-0.06%
ALNY	C	-0.06%
FIX	B	-0.06%
BURL	C	-0.06%
DKS	D	-0.05%
ELAN	D	-0.05%
OLN	D	-0.05%
INGR	B	-0.05%
FHN	D	-0.05%
CLF	F	-0.05%
BLD	C	-0.05%
NNN	B	-0.05%
LECO	D	-0.05%
AOS	B	-0.05%
CACI	B	-0.05%
TAP	D	-0.05%
SF	B	-0.05%
CTRA	F	-0.05%
GL	D	-0.05%
BIIB	F	-0.05%
MEDP	F	-0.05%
XRAY	D	-0.04%
MTG	B	-0.04%
ARMK	B	-0.04%
ZION	D	-0.04%
ALSN	B	-0.04%
SEIC	B	-0.04%
AYI	B	-0.04%
WTFC	C	-0.04%
STAG	D	-0.04%
COKE	C	-0.04%
CNM	F	-0.04%
TPR	A	-0.04%
DCI	C	-0.04%
MRNA	F	-0.04%
UGI	B	-0.04%
ACI	F	-0.04%
WLK	C	-0.04%
CRBG	C	-0.04%
BRBR	B	-0.04%
XP	D	-0.04%
SON	D	-0.04%
MRO	D	-0.04%
TXRH	B	-0.04%
BRX	C	-0.04%
RYN	C	-0.03%
BMRN	F	-0.03%
H	B	-0.03%
SLM	C	-0.03%
NTRA	C	-0.03%
ESAB	C	-0.03%
JHG	B	-0.03%
SMG	B	-0.03%
R	C	-0.03%
NEU	D	-0.03%
MSA	D	-0.03%
UTHR	B	-0.03%
LNC	C	-0.03%
RL	B	-0.03%
RHI	D	-0.03%
COLB	B	-0.03%
MHK	B	-0.03%
AMG	C	-0.03%
LNW	F	-0.03%
G	C	-0.03%
SAIC	C	-0.03%
FLS	C	-0.03%
JNPR	A	-0.03%
KEX	C	-0.03%
FTI	D	-0.03%
BEN	F	-0.03%
OGN	D	-0.03%
HRB	C	-0.03%
MGM	D	-0.03%
CROX	C	-0.03%
MIDD	C	-0.03%
WCC	C	-0.03%
SKX	C	-0.03%
WYNN	C	-0.03%
AXS	B	-0.03%
ASH	F	-0.03%
APG	F	-0.03%
GTLB	D	-0.02%
MAN	C	-0.02%
M	F	-0.02%
GAP	F	-0.02%
GTES	C	-0.02%
SRPT	F	-0.02%
PK	D	-0.02%
AZTA	F	-0.02%
MSM	D	-0.02%
WFRD	F	-0.02%
HIW	C	-0.02%
CWEN	A	-0.02%
LSCC	D	-0.02%
INCY	C	-0.02%
PVH	D	-0.02%
EPR	C	-0.02%
THO	C	-0.02%
DINO	F	-0.02%
ROKU	D	-0.02%
CIEN	B	-0.02%
WU	C	-0.02%
DTM	C	-0.02%
WH	B	-0.02%
LEA	D	-0.02%
PRGO	F	-0.02%
EEFT	F	-0.02%
SNX	C	-0.02%
EXAS	D	-0.02%
FOXA	B	-0.02%
NWSA	D	-0.02%
OZK	F	-0.02%
KRC	C	-0.02%
CNA	D	-0.01%
APLS	F	-0.01%
LEN	B	-0.01%
ADTN	C	-0.01%
NWS	D	-0.01%
CWEN	A	-0.01%
ALGM	D	-0.01%
REYN	C	-0.01%
CRI	D	-0.01%
PPC	D	-0.01%
RARE	C	-0.01%
AMKR	F	-0.01%
COLM	C	-0.01%
TNL	C	-0.01%
IONS	F	-0.01%
VKTX	D	-0.01%
FOX	B	-0.01%
SAM	D	-0.01%
PINC	D	-0.01%
BILL	D	-0.01%
VIRT	C	-0.01%
EXEL	C	-0.01%
CIVI	F	-0.01%
SEB	D	-0.0%
DDS	D	-0.0%