DSTL vs. DFNV ETF Comparison

Comparison of Distillate U.S. Fundamental Stability & Value ETF (DSTL) to TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV)

DSTL

Distillate U.S. Fundamental Stability & Value ETF

DSTL Description

The investment seeks to track the performance, before fees and expenses, of the Distillate U.S. Fundamental Stability & Value Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index was developed in 2018 by Distillate Capital Partners LLC, the fund's investment adviser and index provider (the "Adviser"), and uses an objective, rules-based methodology to measure the performance of U.S.-listed, large-capitalization equity securities, selected based on certain fundamental factors.

Grade (RS Rating)

Last Trade

$56.55

Average Daily Volume

91,612

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	DSTL	DFNV
30 Days	1.90%	4.07%
60 Days	4.40%	6.70%
90 Days	10.33%	5.96%
12 Months	27.03%	34.39%

16 Overlapping Holdings

Symbol	Grade	Weight in DSTL	Weight in DFNV	Overlap
ABBV	B	2.7%	3.28%	2.7%
AMGN	D	1.69%	1.99%	1.69%
CRM	C	1.63%	2.42%	1.63%
DBX	C	0.76%	0.47%	0.47%
EA	D	0.77%	1.05%	0.77%
ETSY	D	0.6%	0.47%	0.47%
FFIV	B	0.87%	0.58%	0.58%
FTNT	B	0.97%	1.35%	0.97%
JAZZ	D	0.69%	0.42%	0.42%
JNJ	C	2.66%	2.97%	2.66%
NTAP	D	0.67%	0.91%	0.67%
PYPL	B	1.29%	1.29%	1.29%
QRVO	F	0.61%	0.5%	0.5%
SWKS	F	0.68%	0.64%	0.64%
VRSN	C	0.7%	0.62%	0.62%
ZM	C	0.78%	0.69%	0.69%

DSTL Overweight 82 Positions Relative to DFNV

Symbol	Grade	Weight
UNH	C	3.6%
TMUS	B	2.34%
HD	B	2.09%
CMCSA	C	1.9%
CSCO	B	1.82%
CI	C	1.54%
MO	C	1.48%
LOW	B	1.48%
ABT	C	1.43%
LMT	A	1.39%
BLK	B	1.37%
ELV	D	1.36%
BKNG	B	1.29%
ADP	C	1.14%
HON	C	1.1%
EPD	C	1.09%
PH	B	1.09%
LEN	B	1.06%
URI	B	1.05%
CME	B	1.04%
BLDR	C	1.0%
PHM	B	0.99%
GD	C	0.99%
ITW	B	0.95%
KR	B	0.95%
FANG	F	0.92%
GIS	B	0.92%
TOL	A	0.91%
AJG	D	0.91%
CMI	B	0.91%
NVR	B	0.9%
PCAR	D	0.89%
CTSH	B	0.88%
FIS	C	0.88%
OMC	B	0.86%
UHS	C	0.86%
PAYX	C	0.85%
SSNC	C	0.84%
MAS	B	0.84%
MCK	F	0.83%
SYY	C	0.82%
CBOE	C	0.82%
GDDY	C	0.82%
ALLE	B	0.81%
CPAY	B	0.81%
ABNB	D	0.8%
HSY	D	0.8%
TDY	B	0.79%
PKG	B	0.79%
USFD	C	0.79%
DRI	C	0.78%
WEX	C	0.78%
TFX	B	0.78%
ON	D	0.77%
AKAM	D	0.76%
AME	C	0.76%
ULTA	D	0.74%
EMN	B	0.74%
DOX	C	0.74%
MIDD	C	0.73%
GGG	C	0.71%
JBL	C	0.71%
EPAM	F	0.71%
HII	F	0.69%
IEX	C	0.69%
BLD	C	0.69%
TXT	D	0.69%
WSM	C	0.69%
WSC	D	0.68%
OC	C	0.68%
AOS	B	0.68%
GMED	D	0.68%
GPC	D	0.68%
ALGN	D	0.67%
RHI	D	0.66%
LKQ	F	0.66%
LECO	D	0.66%
MTN	D	0.66%
DKS	D	0.65%
ICLR	F	0.65%
CROX	C	0.64%
PR	F	0.63%

DSTL Underweight 82 Positions Relative to DFNV

Symbol	Grade	Weight
AAPL	C	-8.55%
AVGO	C	-4.32%
NOW	C	-2.61%
QCOM	D	-2.51%
ADBE	F	-2.5%
IBM	B	-2.34%
INTU	D	-2.32%
UBER	C	-2.12%
GILD	B	-1.94%
BMY	C	-1.9%
PANW	D	-1.79%
ANET	C	-1.63%
PLTR	C	-1.56%
MSI	B	-1.5%
SPOT	C	-1.48%
CRWD	D	-1.47%
MMM	B	-1.41%
APP	C	-1.31%
DASH	B	-1.29%
TTD	B	-1.18%
WDAY	D	-1.18%
ADSK	B	-1.17%
DDOG	D	-1.12%
SNOW	F	-1.11%
VEEV	C	-1.07%
MCHP	D	-1.01%
TEAM	D	-0.97%
RBLX	C	-0.96%
VRT	C	-0.96%
ZS	F	-0.88%
RMD	C	-0.87%
MANH	B	-0.78%
PINS	D	-0.78%
PTC	C	-0.76%
PSTG	F	-0.75%
EXPE	C	-0.72%
DT	C	-0.71%
NTNX	D	-0.7%
UI	B	-0.67%
ENPH	D	-0.66%
DOCU	C	-0.63%
DUOL	C	-0.63%
NBIX	F	-0.57%
SOLV	D	-0.56%
JKHY	B	-0.56%
HAS	B	-0.55%
MTCH	C	-0.53%
SMAR	A	-0.52%
PCTY	D	-0.5%
NYT	B	-0.46%
HALO	D	-0.46%
PEGA	B	-0.45%
CVLT	B	-0.45%
CRUS	D	-0.44%
MAT	D	-0.42%
GNRC	D	-0.42%
PI	B	-0.42%
ZETA	C	-0.42%
PATH	D	-0.41%
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%
PLTK	C	-0.23%
TDC	D	-0.22%
FLNC	C	-0.22%
ACAD	F	-0.21%
ALRM	F	-0.21%
AMZN	C	-0.2%
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%