DVAL vs. CSM ETF Comparison

Comparison of Dynamic US Large Cap Value ETF (DVAL) to ProShares Large Cap Core Plus (CSM)

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

$14.92

Average Daily Volume

7,020

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

CSM

ProShares Large Cap Core Plus

CSM Description

The investment seeks investment results before fees and expenses that track the performance of the Credit Suisse 130/30 Large Cap Index (the "index"). The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to replicate an investment strategy that establishes either long or short positions in the stocks of 500 leading large-cap U.S. companies (the "Universe") by applying a rules-based ranking and weighting methodology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.68

Average Daily Volume

7,638

Number of Holdings ^*

307

* may have additional holdings in another (foreign) market

Performance

Period	DVAL	CSM
30 Days	4.63%	2.89%
60 Days	5.94%	4.45%
90 Days	7.93%	6.39%
12 Months	28.10%	32.21%

43 Overlapping Holdings

Symbol	Grade	Weight in DVAL	Weight in CSM	Overlap
AMGN	D	0.63%	0.04%	0.04%
AOS	F	0.23%	0.06%	0.06%
BG	F	0.7%	0.24%	0.24%
BLDR	D	1.86%	0.16%	0.16%
BMY	B	0.68%	0.49%	0.49%
CMCSA	B	4.34%	0.23%	0.23%
CSCO	B	3.43%	0.04%	0.04%
CVX	A	2.2%	0.09%	0.09%
DIS	B	0.52%	0.1%	0.1%
EBAY	D	0.78%	0.07%	0.07%
EMN	D	0.23%	0.28%	0.23%
FANG	D	0.15%	0.32%	0.15%
FMC	D	0.13%	0.03%	0.03%
FOXA	B	0.51%	0.26%	0.26%
GM	B	3.32%	0.4%	0.4%
IBM	C	4.21%	0.03%	0.03%
IPG	D	0.65%	0.12%	0.12%
JBL	B	0.89%	0.08%	0.08%
JNJ	D	1.56%	0.4%	0.4%
KHC	F	0.98%	0.11%	0.11%
LMT	D	4.4%	0.2%	0.2%
LYB	F	1.44%	0.27%	0.27%
MGM	D	0.76%	0.18%	0.18%
MRK	F	0.35%	0.62%	0.35%
NRG	B	0.77%	0.33%	0.33%
NUE	C	1.15%	0.08%	0.08%
OMC	C	0.05%	0.23%	0.05%
PG	A	0.96%	0.4%	0.4%
PHM	D	1.05%	0.3%	0.3%
PSX	C	0.71%	0.12%	0.12%
PYPL	B	2.36%	0.25%	0.25%
RL	B	0.33%	0.32%	0.32%
STLD	B	1.41%	0.14%	0.14%
SYY	B	0.45%	0.13%	0.13%
TMUS	B	3.65%	0.5%	0.5%
TPR	B	0.09%	0.16%	0.09%
TRGP	B	0.37%	0.4%	0.37%
TRMB	B	0.41%	0.05%	0.05%
TXT	D	0.5%	0.26%	0.26%
VLO	C	1.26%	0.08%	0.08%
VZ	C	0.43%	0.05%	0.05%
WFC	A	0.71%	0.15%	0.15%
WMT	A	1.37%	0.24%	0.24%

DVAL Overweight 67 Positions Relative to CSM

Symbol	Grade	Weight
DE	A	3.88%
HON	B	3.53%
CAT	B	3.17%
COP	C	3.1%
MPC	D	2.74%
AXP	A	1.5%
MMM	D	1.33%
WMB	A	1.32%
PCAR	B	1.2%
CSL	C	1.06%
EXPD	D	1.04%
RS	B	0.97%
GIS	D	0.95%
SCI	B	0.93%
OC	A	0.9%
CF	B	0.83%
CRBG	B	0.74%
DRI	B	0.67%
MLM	B	0.66%
EXPE	B	0.66%
ORI	A	0.65%
MRO	B	0.64%
NVR	D	0.64%
AN	C	0.62%
CPAY	A	0.6%
EQH	B	0.6%
AFG	A	0.58%
EOG	A	0.53%
BERY	B	0.52%
WH	B	0.49%
EVR	B	0.48%
ARMK	B	0.47%
OMF	A	0.45%
MTG	C	0.45%
NXST	C	0.42%
AMG	B	0.4%
FLEX	A	0.4%
BC	C	0.35%
KBH	D	0.33%
DVA	B	0.31%
SAIC	F	0.31%
TOL	B	0.31%
MUSA	A	0.29%
R	B	0.28%
DKS	C	0.27%
BCC	B	0.26%
RHI	B	0.26%
AM	A	0.25%
COKE	C	0.22%
EXP	A	0.22%
BLD	D	0.2%
PVH	C	0.19%
H	B	0.18%
SNX	C	0.18%
INGR	B	0.17%
CBT	C	0.17%
CNM	D	0.17%
MDU	D	0.14%
NEU	C	0.14%
WEX	D	0.13%
BYD	C	0.13%
CHX	C	0.1%
GPK	C	0.1%
RDN	C	0.08%
WSC	D	0.04%
VOYA	B	0.04%
WCC	B	0.0%

DVAL Underweight 264 Positions Relative to CSM

Symbol	Grade	Weight
NVDA	C	-4.99%
AAPL	C	-4.66%
MSFT	F	-4.32%
AMZN	C	-2.77%
META	D	-1.6%
GOOGL	C	-1.27%
AVGO	D	-1.22%
GOOG	C	-1.02%
TSLA	B	-0.97%
BRK.A	B	-0.96%
LLY	F	-0.91%
CRM	B	-0.83%
JPM	A	-0.69%
INTU	C	-0.58%
GE	D	-0.57%
TMO	F	-0.55%
UNH	C	-0.52%
ADBE	C	-0.52%
XOM	B	-0.51%
QCOM	F	-0.5%
TJX	A	-0.48%
NFLX	A	-0.46%
VRTX	F	-0.46%
MCK	B	-0.45%
PH	A	-0.45%
MU	D	-0.44%
APH	A	-0.44%
TT	A	-0.43%
V	A	-0.43%
ETN	A	-0.42%
UAL	A	-0.42%
RCL	A	-0.42%
SNPS	B	-0.42%
WELL	A	-0.42%
CME	A	-0.4%
RJF	A	-0.4%
SNA	A	-0.39%
HWM	A	-0.39%
BKR	B	-0.39%
SYF	B	-0.39%
UBER	D	-0.39%
MA	C	-0.38%
ALL	A	-0.38%
CCL	B	-0.38%
AME	A	-0.38%
NOC	D	-0.38%
CI	F	-0.38%
GRMN	B	-0.37%
LDOS	C	-0.37%
BDX	F	-0.37%
ETR	B	-0.37%
GDDY	A	-0.37%
KR	B	-0.36%
INCY	C	-0.36%
MCO	B	-0.36%
CBRE	B	-0.35%
ABBV	D	-0.35%
TROW	B	-0.35%
APD	A	-0.35%
CTSH	B	-0.35%
LYV	A	-0.35%
XEL	A	-0.35%
AVB	B	-0.35%
CDNS	B	-0.35%
NCLH	B	-0.35%
DUK	C	-0.34%
TSN	B	-0.34%
MTB	A	-0.34%
RSG	A	-0.34%
FFIV	B	-0.34%
BRO	B	-0.34%
TAP	C	-0.34%
CAH	B	-0.34%
VICI	C	-0.33%
L	A	-0.33%
FTNT	C	-0.33%
IR	B	-0.33%
PNR	A	-0.33%
EQR	B	-0.33%
COR	B	-0.33%
TGT	F	-0.33%
HIG	B	-0.33%
PLD	D	-0.33%
EIX	B	-0.32%
PEP	F	-0.32%
COST	B	-0.32%
KMB	D	-0.32%
OTIS	C	-0.32%
LEN	D	-0.32%
AIZ	A	-0.32%
BEN	C	-0.32%
CNP	B	-0.32%
PAYC	B	-0.32%
VTR	C	-0.31%
ANET	C	-0.31%
HST	C	-0.31%
SLB	C	-0.31%
STE	F	-0.31%
HD	A	-0.31%
WY	D	-0.3%
DTE	C	-0.3%
ACGL	D	-0.3%
DVN	F	-0.3%
FRT	B	-0.3%
FDX	B	-0.29%
VTRS	A	-0.29%
EXC	C	-0.29%
PRU	A	-0.29%
UHS	D	-0.29%
HPQ	A	-0.29%
CPT	B	-0.29%
NTRS	A	-0.29%
BAC	A	-0.29%
A	D	-0.29%
PCG	A	-0.29%
IEX	B	-0.29%
IVZ	B	-0.29%
CRL	C	-0.28%
MAA	B	-0.28%
INVH	D	-0.28%
HBAN	A	-0.28%
MTD	D	-0.28%
STX	D	-0.28%
CBOE	B	-0.28%
COF	B	-0.27%
EQIX	A	-0.26%
BBY	D	-0.26%
XYL	D	-0.26%
CNC	D	-0.26%
WAB	B	-0.26%
ROL	B	-0.26%
SO	D	-0.26%
IQV	D	-0.25%
BAX	D	-0.25%
SWK	D	-0.25%
VRSN	F	-0.25%
INTC	D	-0.25%
EG	C	-0.25%
MDT	D	-0.25%
CSX	B	-0.25%
HII	D	-0.24%
MET	A	-0.24%
GILD	C	-0.24%
PGR	A	-0.23%
DHI	D	-0.23%
PPG	F	-0.23%
MSI	B	-0.23%
HAL	C	-0.23%
DG	F	-0.22%
WDC	D	-0.22%
EMR	A	-0.22%
TFX	F	-0.21%
NI	A	-0.21%
KMX	B	-0.21%
AMAT	F	-0.21%
GL	B	-0.21%
EL	F	-0.21%
APA	D	-0.21%
DOC	D	-0.21%
CVS	D	-0.2%
REG	B	-0.2%
EA	A	-0.2%
RMD	C	-0.2%
APTV	D	-0.2%
T	A	-0.2%
GEHC	F	-0.2%
SWKS	F	-0.2%
PANW	C	-0.2%
CFG	B	-0.19%
AES	F	-0.19%
CRWD	B	-0.19%
AKAM	D	-0.19%
QRVO	F	-0.19%
PARA	C	-0.19%
SJM	D	-0.18%
GEN	B	-0.18%
BX	A	-0.18%
DFS	B	-0.18%
OKE	A	-0.18%
ADSK	A	-0.17%
LRCX	F	-0.17%
CE	F	-0.16%
MOH	F	-0.16%
ABNB	C	-0.16%
MSCI	C	-0.15%
F	C	-0.15%
BWA	D	-0.15%
HCA	F	-0.15%
FITB	A	-0.15%
WBA	F	-0.15%
AMD	F	-0.15%
ZTS	D	-0.15%
NOW	A	-0.14%
GPC	D	-0.14%
BIIB	F	-0.14%
HES	B	-0.14%
WTW	B	-0.14%
SPG	B	-0.14%
PSA	D	-0.14%
URI	B	-0.13%
BK	A	-0.13%
TDY	B	-0.13%
ORCL	B	-0.13%
PNW	B	-0.13%
FCX	D	-0.12%
PFE	D	-0.12%
ON	D	-0.12%
ROP	B	-0.12%
KMI	A	-0.12%
KDP	D	-0.12%
KO	D	-0.12%
JKHY	D	-0.12%
NWSA	B	-0.12%
PFG	D	-0.11%
TRV	B	-0.11%
ALLE	D	-0.11%
HOLX	D	-0.11%
FSLR	F	-0.1%
CAG	D	-0.1%
CTVA	C	-0.1%
FE	C	-0.1%
LKQ	D	-0.1%
ISRG	A	-0.09%
NEM	D	-0.09%
DAY	B	-0.09%
CPB	D	-0.09%
MAR	B	-0.09%
LULU	C	-0.09%
LIN	D	-0.08%
DXCM	D	-0.08%
WRB	A	-0.08%
FTV	C	-0.07%
FIS	C	-0.07%
MTCH	D	-0.07%
PAYX	C	-0.07%
DLR	B	-0.07%
ABT	B	-0.06%
CHD	B	-0.06%
HRL	D	-0.06%
CLX	B	-0.06%
IP	B	-0.06%
PKG	A	-0.05%
EPAM	C	-0.05%
RF	A	-0.05%
ACN	C	-0.05%
DPZ	C	-0.05%
MKC	D	-0.05%
CSGP	D	-0.04%
PM	B	-0.04%
MMC	B	-0.04%
WM	A	-0.04%
ROST	C	-0.04%
PTC	A	-0.04%
J	F	-0.04%
FAST	B	-0.04%
MAS	D	-0.04%
WYNN	D	-0.04%
CMG	B	-0.04%
LOW	D	-0.04%
FDS	B	-0.04%
SMCI	F	-0.03%
DHR	F	-0.03%
ARE	D	-0.03%
MCD	D	-0.03%