DVAL vs. ADIV ETF Comparison

Comparison of Dynamic US Large Cap Value ETF (DVAL) to SmartETFs Asia Pacific Dividend Builder ETF (ADIV)

DVAL

Dynamic US Large Cap Value ETF

DVAL Description

Dynamic US Large Cap Value ETF is an exchange traded fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. and Brandywine Global Investment Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 1000 Value Index and the S&P 500 Index. It employs proprietary research to create its portfolio. Dynamic US Large Cap Value ETF was formed on December 27, 2006 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$14.17

Average Daily Volume

127,445

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ADIV

SmartETFs Asia Pacific Dividend Builder ETF

ADIV Description

The investment seeks to provide investors with dividend income and long-term capital growth. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in publicly-traded, dividend-producing equity securities of companies that are tied economically to countries in the Asia Pacific region. Under normal market conditions it will invest in companies economically tied to at least four different countries in the Asia Pacific region, which may be developed or emerging markets and which may include Australia, China, Hong Kong, Singapore, and Taiwan.

Grade (RS Rating)

Last Trade

$16.47

Average Daily Volume

1,337

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DVAL	ADIV
30 Days	2.72%	7.75%
60 Days	4.32%	15.20%
90 Days	8.32%	12.65%
12 Months	22.74%	25.78%

1 Overlapping Holdings

	Symbol	Grade	Weight in DVAL	Weight in ADIV	Overlap
	AFL	A	4.49%	3.15%	3.15%

DVAL Overweight 9 Positions Relative to ADIV

Symbol	Grade	Weight
LMT	A	4.77%
CSX	C	4.29%
IBM	B	4.19%
CMCSA	C	4.15%
DE	A	3.41%
HON	C	3.24%
COP	F	3.23%
TMUS	B	3.18%
CSCO	B	3.14%

DVAL Underweight 4 Positions Relative to ADIV

Symbol	Grade	Weight
AVGO	C	-3.33%
TSM	C	-3.15%
QCOM	D	-2.55%
NTES	D	-2.53%