SPYT vs. TBFG ETF Comparison

Comparison of Defiance S&P 500 Target Income ETF (SPYT) to The Brinsmere Fund Growth ETF (TBFG)

SPYT

Defiance S&P 500 Target Income ETF

SPYT Description

SPYT is actively managed which seeks daily income and consistent monthly distributions by utilizing an index credit spread option strategy. The strategy involves daily selling of S&P 500 credit call spreads that are either at-the-money or near-the-money, with near-term expirations, and buying call options at a higher strike price. The sold option positions become profitable if the S&P 500 Indexs value increases above the call spreads cap. Additionally, the fund targets an annual income level of 20% and aims to hold cash or US Treasurys up to 10% of the portfolio as collateral for the option strategy. Even during periods of adverse market conditions, the fund will not seek defensive positions, nor directly or fully participate in the gains of the index. As such, the funds risk and return potential will fluctuate daily.

Grade (RS Rating)

Last Trade

$19.35

Average Daily Volume

31,397

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TBFG

The Brinsmere Fund Growth ETF

TBFG Description

The fund is an actively managed fund of funds, which seeks to achieve its investment objective by investing in a globally diversified portfolio of equity and bond markets. It systematically adjusts its holdings using two proprietary strategies developed by the fund"s investment adviser, The Milwaukee Company, that are run independently. Those strategies are the Systematic Market Beta Strategy ("SMB") and the Classic Asset Allocation Revisited Strategy ("CAAR"). SMB and CAAR systematically rebalance the underlying funds in which the fund may invest based on a set of proprietary risk-management techniques.

Grade (RS Rating)

Last Trade

$26.12

Average Daily Volume

9,344

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPYT	TBFG
30 Days	-2.88%	-1.91%
60 Days		-0.41%
90 Days		2.50%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in SPYT	Weight in TBFG	Overlap
	SPY	B	99.5%	6.82%	6.82%

SPYT Overweight 0 Positions Relative to TBFG

	Symbol	Grade	Weight

SPYT Underweight 9 Positions Relative to TBFG

Symbol	Grade	Weight
VTI	B	-16.92%
VTV	C	-9.95%
VUG	B	-9.06%
VGSH	B	-8.86%
QQQ	C	-7.05%
VB	C	-5.77%
MGK	C	-5.19%
RSP	C	-3.19%
PDBC	B	-2.9%

SPYT: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Investment Management S&P 500 Index CBOE

TBFG: Top Represented Industries & Keywords

Industries: