DSMC vs. XHE ETF Comparison

Comparison of Distillate Small/Mid Cash Flow ETF (DSMC) to SPDR S&P Health Care Equipment (XHE)

DSMC

Distillate Small/Mid Cash Flow ETF

DSMC Description

Distillate Small/Mid Cash Flow ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Distillate Capital Partners LLC and Vident Investment Advisory, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across diversified market capitalization. It employs proprietary research to create its portfolio. Distillate Small/Mid Cash Flow ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$37.81

Average Daily Volume

11,170

Number of Holdings ^*

141

* may have additional holdings in another (foreign) market

XHE

SPDR S&P Health Care Equipment

XHE 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 health care equipment and supplies segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Equipment 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 health care equipment industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$91.44

Average Daily Volume

8,966

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DSMC	XHE
30 Days	7.74%	5.36%
60 Days	6.16%	1.34%
90 Days	5.92%	2.96%
12 Months	22.93%	22.56%

2 Overlapping Holdings

	Symbol	Grade	Weight in DSMC	Weight in XHE	Overlap
	NVST	B	0.58%	1.9%	0.58%
	XRAY	F	0.43%	1.26%	0.43%

DSMC Overweight 139 Positions Relative to XHE

Symbol	Grade	Weight
DDS	B	1.84%
OC	A	1.69%
TOL	B	1.55%
IDCC	A	1.54%
AMR	C	1.46%
ARCH	B	1.3%
CHRD	D	1.29%
CF	B	1.27%
ATKR	C	1.27%
WEX	D	1.2%
STRL	B	1.17%
TPR	B	1.14%
ETSY	D	1.13%
JAZZ	B	1.06%
KBH	D	0.99%
ALSN	B	0.97%
CEIX	A	0.97%
CROX	D	0.97%
TAP	C	0.95%
RHI	B	0.93%
SIG	B	0.92%
MATX	C	0.91%
AGX	B	0.91%
VSCO	B	0.91%
OVV	B	0.88%
GPOR	B	0.87%
BCC	B	0.86%
OSK	B	0.86%
QRVO	F	0.83%
MTDR	B	0.79%
CALM	A	0.79%
THO	B	0.79%
BBWI	D	0.79%
LOPE	B	0.76%
AR	B	0.74%
DOX	D	0.73%
SEIC	B	0.72%
TMHC	B	0.72%
SM	B	0.71%
GMS	B	0.7%
COLM	B	0.69%
HCC	B	0.69%
CRI	D	0.69%
DINO	D	0.68%
CIVI	D	0.67%
BWA	D	0.67%
CRC	B	0.66%
LCII	C	0.66%
G	B	0.65%
RRC	B	0.65%
BXC	B	0.65%
VRTS	B	0.64%
EEFT	B	0.64%
SXC	A	0.63%
FHI	A	0.63%
ASO	F	0.62%
BCO	D	0.62%
IPG	D	0.61%
TEX	D	0.61%
DBX	B	0.61%
VCTR	B	0.61%
LKQ	D	0.6%
PBH	A	0.6%
MD	B	0.6%
SLVM	B	0.6%
APA	D	0.6%
APOG	B	0.59%
ZD	C	0.59%
MGY	A	0.59%
VSTO	A	0.58%
AMWD	C	0.58%
MOS	F	0.57%
BKE	B	0.57%
KFY	B	0.57%
WGO	C	0.56%
CHX	C	0.56%
KLIC	B	0.56%
MUR	D	0.56%
APAM	B	0.56%
NX	C	0.55%
HSII	B	0.55%
PRDO	B	0.55%
MBUU	C	0.54%
TPH	D	0.54%
PRG	C	0.54%
MCRI	A	0.54%
HUBG	A	0.54%
GIII	D	0.53%
IMXI	B	0.53%
ROCK	C	0.52%
ARLP	A	0.52%
OXM	D	0.52%
TDC	D	0.52%
PINC	B	0.52%
CTS	C	0.52%
PCRX	C	0.51%
AB	C	0.51%
SHOO	D	0.51%
EVRI	A	0.5%
CLF	F	0.49%
SUPN	C	0.49%
GDEN	B	0.48%
SBH	C	0.48%
MAN	D	0.48%
CARS	B	0.48%
DIOD	D	0.47%
BSM	B	0.47%
EXPI	C	0.47%
WKC	D	0.47%
NTCT	C	0.47%
WNC	C	0.46%
REVG	B	0.46%
KRP	B	0.46%
CNXN	C	0.46%
GNK	D	0.46%
TRIP	F	0.46%
DXC	B	0.46%
INSW	F	0.45%
NSP	D	0.45%
INVA	D	0.45%
ANDE	D	0.45%
EXTR	B	0.45%
COHU	C	0.44%
ETD	C	0.43%
PLAB	C	0.43%
HRMY	D	0.43%
HLX	B	0.42%
RES	D	0.42%
SSTK	F	0.42%
RPAY	D	0.42%
ODP	F	0.42%
RGR	F	0.42%
WOR	F	0.41%
COLL	F	0.38%
CAL	D	0.36%
SCHL	D	0.36%
LPG	F	0.35%
JBI	F	0.31%
ASC	F	0.29%

DSMC Underweight 59 Positions Relative to XHE

Symbol	Grade	Weight
MASI	A	-2.55%
ATEC	C	-2.4%
PEN	B	-2.31%
IART	C	-2.31%
ATRC	C	-2.2%
GMED	A	-2.1%
HAE	C	-2.08%
PRCT	B	-2.0%
PODD	C	-1.99%
NARI	C	-1.97%
DXCM	D	-1.96%
GKOS	B	-1.94%
ISRG	A	-1.94%
MMSI	B	-1.94%
BSX	B	-1.94%
LIVN	F	-1.94%
ZBH	C	-1.91%
OMCL	C	-1.9%
ITGR	B	-1.89%
ENOV	C	-1.88%
SYK	C	-1.88%
EW	C	-1.82%
ABT	B	-1.8%
IRTC	D	-1.79%
LMAT	A	-1.77%
MDT	D	-1.74%
HOLX	D	-1.73%
RMD	C	-1.72%
GEHC	F	-1.71%
SOLV	C	-1.71%
BDX	F	-1.71%
NEOG	F	-1.69%
ALGN	D	-1.69%
ICUI	D	-1.69%
CNMD	C	-1.68%
STE	F	-1.58%
UFPT	B	-1.57%
INSP	D	-1.53%
NVCR	C	-1.51%
IDXX	F	-1.5%
BAX	D	-1.48%
STAA	F	-1.46%
RXST	F	-1.45%
TFX	F	-1.41%
LNTH	D	-1.29%
SRDX	B	-1.27%
TNDM	F	-1.17%
VREX	C	-1.04%
TMDX	F	-0.96%
AORT	B	-0.88%
OFIX	B	-0.66%
EMBC	C	-0.59%
ZIMV	D	-0.56%
SIBN	F	-0.54%
AVNS	F	-0.46%
KIDS	D	-0.46%
OSUR	F	-0.41%
TCMD	A	-0.41%
AXGN	D	-0.39%