IVOL vs. DFHY ETF Comparison

Comparison of Quadratic Interest Rate Volatility and Inflation Hedge ETF (IVOL) to TrimTabs Donoghue Forlines Tactical High Yield ETF (DFHY)

IVOL

Quadratic Interest Rate Volatility and Inflation Hedge ETF

IVOL Description

The investment seeks to hedge the risk of increased fixed income volatility and rising inflation and to profit from rising long-term interest rates or falling short-term interest rates, often referred to as a steepening of the U.S. interest rate curve, while providing inflation-protected income. The fund is actively managed and seeks to achieve its investment objective primarily by investing, directly or indirectly, in a mix of U.S. Treasury Inflation-Protected Securities ("TIPS") and long options tied to the shape of the U.S. interest rate curve. It is non-diversified.

Grade (RS Rating)

Last Trade

$17.91

Average Daily Volume

409,399

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

DFHY

TrimTabs Donoghue Forlines Tactical High Yield ETF

DFHY Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Tactical High Yield 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 exchange-traded funds (ETFs) that investment primarily in high yield debt instruments.

Grade (RS Rating)

Last Trade

$21.26

Average Daily Volume

2,734

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	IVOL	DFHY
30 Days	-4.65%	-0.90%
60 Days	-7.60%	-1.43%
90 Days	-6.31%	-0.07%
12 Months	-9.61%	9.24%

0 Overlapping Holdings

	Symbol	Grade	Weight in IVOL	Weight in DFHY	Overlap

IVOL Overweight 1 Positions Relative to DFHY

	Symbol	Grade	Weight
	SCHP	D	82.67%

IVOL Underweight 9 Positions Relative to DFHY

	Symbol	Grade	Weight
	VGIT	D	-24.41%
	GOVT	D	-20.93%
	SCHR	D	-15.44%
	IEI	D	-9.49%
	USHY	A	-4.58%
	HYLB	A	-1.81%
	SJNK	A	-1.33%
	FALN	A	-1.31%
	ANGL	B	-1.2%

IVOL: Top Represented Industries & Keywords

Industries:

Keywords: Bond Bond Market Indices ETF Exchange Traded Fund Fixed Income Fixed Income Analysis Inflation Merrill Lynch U.S. Treasury Yield

DFHY: Top Represented Industries & Keywords

Industries:

Keywords: Bond Exchange Traded Fund ETF Bloomberg Barclays Us Aggregate Bond Index Corporate Bond High Yield Debt U.S. Treasury Bond Market Indices Index Fund U.S. Government Barclays Bond Market Bond Market Index Exchange Traded Funds Fixed Income Futures Markets Government Bond Government Bonds Ishares Merrill Lynch