DFNV vs. XSW ETF Comparison

Comparison of TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) to SPDR S&P Software & Services ETF (XSW)

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

$36.88

Average Daily Volume

20,590

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$194.47

Average Daily Volume

13,114

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	DFNV	XSW
30 Days	5.72%	14.14%
60 Days	9.66%	19.63%
90 Days	12.32%	21.20%
12 Months	39.55%	42.03%

44 Overlapping Holdings

Symbol	Grade	Weight in DFNV	Weight in XSW	Overlap
ADBE	C	2.35%	0.6%	0.6%
ADSK	A	1.24%	0.71%	0.71%
ALRM	C	0.21%	0.66%	0.21%
ALTR	B	0.4%	0.71%	0.4%
APP	B	2.69%	1.52%	1.52%
BL	B	0.28%	0.75%	0.28%
BOX	B	0.36%	0.63%	0.36%
CRM	B	2.93%	0.81%	0.81%
CRWD	B	1.7%	0.81%	0.81%
CVLT	B	0.48%	0.72%	0.48%
CWAN	B	0.33%	0.76%	0.33%
DBX	B	0.48%	0.68%	0.48%
DDOG	A	1.14%	0.71%	0.71%
DOCU	B	0.81%	0.87%	0.81%
DT	D	0.66%	0.64%	0.64%
EA	A	1.09%	0.67%	0.67%
FTNT	C	1.58%	0.78%	0.78%
GEN	B	0.68%	0.69%	0.68%
IBM	C	2.04%	0.59%	0.59%
INTU	B	2.3%	0.65%	0.65%
MANH	D	0.75%	0.65%	0.65%
NOW	A	2.72%	0.71%	0.71%
NTNX	B	0.78%	0.73%	0.73%
PANW	B	1.96%	0.7%	0.7%
PATH	C	0.4%	0.65%	0.4%
PEGA	B	0.54%	0.81%	0.54%
PLTK	B	0.22%	0.67%	0.22%
PLTR	B	2.33%	1.02%	1.02%
PRGS	A	0.21%	0.71%	0.21%
PTC	B	0.76%	0.67%	0.67%
QLYS	B	0.39%	0.72%	0.39%
RBLX	C	1.0%	0.7%	0.7%
RNG	C	0.22%	0.78%	0.22%
RPD	B	0.19%	0.73%	0.19%
SMAR	B	0.5%	0.64%	0.5%
TDC	D	0.2%	0.63%	0.2%
TEAM	A	1.38%	0.93%	0.93%
TENB	C	0.36%	0.64%	0.36%
VERX	A	0.23%	0.84%	0.23%
WDAY	B	1.17%	0.66%	0.66%
YOU	D	0.17%	0.52%	0.17%
ZETA	D	0.24%	0.39%	0.24%
ZM	C	0.8%	0.76%	0.76%
ZS	B	0.98%	0.74%	0.74%

DFNV Overweight 55 Positions Relative to XSW

Symbol	Grade	Weight
AAPL	C	7.79%
AVGO	D	4.14%
ABBV	F	2.59%
JNJ	C	2.45%
QCOM	F	2.14%
BMY	B	1.99%
GILD	C	1.91%
UBER	F	1.83%
SPOT	B	1.8%
AMGN	F	1.6%
ANET	C	1.58%
DASH	B	1.53%
MSI	B	1.52%
PYPL	B	1.37%
TTD	B	1.24%
MMM	D	1.24%
VRT	B	1.22%
SNOW	B	1.17%
VEEV	C	1.04%
UI	B	0.97%
EXPE	B	0.83%
NTAP	C	0.81%
MCHP	F	0.79%
RMD	C	0.77%
DUOL	A	0.72%
PINS	F	0.7%
PSTG	D	0.68%
FFIV	B	0.6%
PCTY	C	0.59%
VRSN	C	0.57%
NBIX	C	0.53%
JKHY	D	0.51%
GNRC	C	0.5%
SWKS	F	0.5%
SOLV	D	0.49%
LYFT	C	0.48%
HAS	D	0.44%
JAZZ	B	0.44%
ETSY	D	0.42%
NYT	D	0.4%
MTCH	D	0.4%
HALO	F	0.38%
PI	D	0.36%
MAT	D	0.36%
CRUS	D	0.32%
ENPH	F	0.3%
ALKS	C	0.3%
QRVO	F	0.29%
IGT	F	0.25%
AMZN	C	0.2%
ACAD	C	0.2%
YELP	C	0.18%
FLNC	D	0.18%
PTGX	D	0.17%
CMPR	D	0.15%

DFNV Underweight 89 Positions Relative to XSW

Symbol	Grade	Weight
MSTR	B	-1.39%
CIFR	C	-1.29%
RIOT	C	-1.06%
NNBR	C	-1.04%
BILL	A	-1.04%
WULF	C	-1.04%
CLSK	C	-0.96%
RBRK	A	-0.88%
FRSH	B	-0.88%
CFLT	B	-0.87%
HUBS	A	-0.86%
NCNO	C	-0.85%
FIVN	C	-0.85%
QTWO	A	-0.83%
MARA	B	-0.81%
IDCC	B	-0.81%
PRO	C	-0.79%
SOUN	B	-0.78%
INTA	B	-0.77%
OLO	A	-0.76%
WK	B	-0.76%
PCOR	B	-0.76%
KD	B	-0.75%
ALKT	B	-0.75%
FICO	B	-0.75%
AGYS	A	-0.74%
EPAM	B	-0.74%
ASAN	B	-0.73%
APPN	B	-0.73%
ATEN	A	-0.73%
S	B	-0.73%
TTWO	A	-0.72%
ESTC	C	-0.72%
AI	B	-0.71%
DJCO	B	-0.71%
DV	C	-0.7%
ACIW	B	-0.7%
ORCL	A	-0.7%
GWRE	A	-0.69%
PD	C	-0.68%
SNPS	B	-0.68%
CDNS	B	-0.68%
VYX	B	-0.67%
IOT	A	-0.67%
BLND	A	-0.67%
MITK	C	-0.67%
ZUO	B	-0.67%
GTLB	B	-0.67%
SWI	C	-0.66%
RAMP	B	-0.66%
ANSS	B	-0.65%
IT	C	-0.65%
ACN	B	-0.64%
TYL	B	-0.64%
CTSH	B	-0.64%
BRZE	C	-0.63%
SPT	C	-0.63%
AUR	C	-0.63%
OSPN	A	-0.63%
DXC	B	-0.63%
DLB	B	-0.62%
YEXT	B	-0.62%
ASGN	F	-0.62%
ROP	B	-0.62%
APPF	B	-0.62%
QXO	D	-0.62%
CXM	C	-0.61%
GDYN	B	-0.61%
BLKB	B	-0.61%
SEMR	C	-0.61%
INFA	D	-0.6%
HCP	B	-0.6%
ENV	B	-0.6%
VRNT	C	-0.59%
MLNK	C	-0.59%
BSY	F	-0.59%
MSFT	D	-0.59%
VRNS	D	-0.59%
U	C	-0.58%
SPSC	D	-0.58%
IBUY	B	-0.55%
NABL	F	-0.53%
JAMF	F	-0.52%
WEAV	C	-0.46%
ETWO	F	-0.44%
CCSI	C	-0.4%
HCKT	B	-0.4%
DMRC	B	-0.39%
LGTY	C	-0.26%