XSW vs. DFNV ETF Comparison

Comparison of SPDR S&P Software & Services ETF (XSW) to TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV)

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$194.96

Average Daily Volume

13,855

Number of Holdings ^*

133

* 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

$36.99

Average Daily Volume

20,580

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XSW	DFNV
30 Days	19.12%	8.99%
60 Days	22.87%	10.78%
90 Days	24.41%	13.77%
12 Months	45.80%	41.35%

44 Overlapping Holdings

Symbol	Grade	Weight in XSW	Weight in DFNV	Overlap
ADBE	C	0.6%	2.35%	0.6%
ADSK	A	0.71%	1.24%	0.71%
ALRM	C	0.66%	0.21%	0.21%
ALTR	B	0.71%	0.4%	0.4%
APP	B	1.52%	2.69%	1.52%
BL	B	0.75%	0.28%	0.28%
BOX	B	0.63%	0.36%	0.36%
CRM	B	0.81%	2.93%	0.81%
CRWD	B	0.81%	1.7%	0.81%
CVLT	B	0.72%	0.48%	0.48%
CWAN	B	0.76%	0.33%	0.33%
DBX	B	0.68%	0.48%	0.48%
DDOG	A	0.71%	1.14%	0.71%
DOCU	A	0.87%	0.81%	0.81%
DT	C	0.64%	0.66%	0.64%
EA	A	0.67%	1.09%	0.67%
FTNT	C	0.78%	1.58%	0.78%
GEN	B	0.69%	0.68%	0.68%
IBM	C	0.59%	2.04%	0.59%
INTU	C	0.65%	2.3%	0.65%
MANH	D	0.65%	0.75%	0.65%
NOW	A	0.71%	2.72%	0.71%
NTNX	A	0.73%	0.78%	0.73%
PANW	C	0.7%	1.96%	0.7%
PATH	C	0.65%	0.4%	0.4%
PEGA	A	0.81%	0.54%	0.54%
PLTK	B	0.67%	0.22%	0.22%
PLTR	B	1.02%	2.33%	1.02%
PRGS	A	0.71%	0.21%	0.21%
PTC	A	0.67%	0.76%	0.67%
QLYS	C	0.72%	0.39%	0.39%
RBLX	C	0.7%	1.0%	0.7%
RNG	B	0.78%	0.22%	0.22%
RPD	C	0.73%	0.19%	0.19%
SMAR	A	0.64%	0.5%	0.5%
TDC	D	0.63%	0.2%	0.2%
TEAM	A	0.93%	1.38%	0.93%
TENB	C	0.64%	0.36%	0.36%
VERX	B	0.84%	0.23%	0.23%
WDAY	B	0.66%	1.17%	0.66%
YOU	D	0.52%	0.17%	0.17%
ZETA	D	0.39%	0.24%	0.24%
ZM	B	0.76%	0.8%	0.76%
ZS	C	0.74%	0.98%	0.74%

XSW Overweight 89 Positions Relative to DFNV

Symbol	Grade	Weight
MSTR	C	1.39%
CIFR	B	1.29%
RIOT	C	1.06%
NNBR	C	1.04%
BILL	A	1.04%
WULF	C	1.04%
CLSK	C	0.96%
RBRK	A	0.88%
FRSH	C	0.88%
CFLT	B	0.87%
HUBS	A	0.86%
NCNO	B	0.85%
FIVN	C	0.85%
QTWO	A	0.83%
MARA	C	0.81%
IDCC	A	0.81%
PRO	C	0.79%
SOUN	C	0.78%
INTA	A	0.77%
OLO	B	0.76%
WK	B	0.76%
PCOR	B	0.76%
KD	B	0.75%
ALKT	B	0.75%
FICO	B	0.75%
AGYS	A	0.74%
EPAM	C	0.74%
ASAN	C	0.73%
APPN	B	0.73%
ATEN	B	0.73%
S	B	0.73%
TTWO	A	0.72%
ESTC	C	0.72%
AI	B	0.71%
DJCO	B	0.71%
DV	C	0.7%
ACIW	B	0.7%
ORCL	B	0.7%
GWRE	A	0.69%
PD	C	0.68%
SNPS	B	0.68%
CDNS	B	0.68%
VYX	B	0.67%
IOT	A	0.67%
BLND	B	0.67%
MITK	C	0.67%
ZUO	B	0.67%
GTLB	B	0.67%
SWI	B	0.66%
RAMP	C	0.66%
ANSS	B	0.65%
IT	C	0.65%
ACN	C	0.64%
TYL	B	0.64%
CTSH	B	0.64%
BRZE	C	0.63%
SPT	C	0.63%
AUR	C	0.63%
OSPN	A	0.63%
DXC	B	0.63%
DLB	B	0.62%
YEXT	A	0.62%
ASGN	F	0.62%
ROP	B	0.62%
APPF	B	0.62%
QXO	D	0.62%
CXM	C	0.61%
GDYN	B	0.61%
BLKB	B	0.61%
SEMR	B	0.61%
INFA	D	0.6%
HCP	B	0.6%
ENV	B	0.6%
VRNT	C	0.59%
MLNK	B	0.59%
BSY	D	0.59%
MSFT	F	0.59%
VRNS	D	0.59%
U	C	0.58%
SPSC	C	0.58%
IBUY	A	0.55%
NABL	F	0.53%
JAMF	F	0.52%
WEAV	B	0.46%
ETWO	F	0.44%
CCSI	C	0.4%
HCKT	B	0.4%
DMRC	C	0.39%
LGTY	D	0.26%

XSW Underweight 55 Positions Relative to DFNV

Symbol	Grade	Weight
AAPL	C	-7.79%
AVGO	D	-4.14%
ABBV	D	-2.59%
JNJ	D	-2.45%
QCOM	F	-2.14%
BMY	B	-1.99%
GILD	C	-1.91%
UBER	D	-1.83%
SPOT	B	-1.8%
AMGN	D	-1.6%
ANET	C	-1.58%
DASH	A	-1.53%
MSI	B	-1.52%
PYPL	B	-1.37%
TTD	B	-1.24%
MMM	D	-1.24%
VRT	B	-1.22%
SNOW	C	-1.17%
VEEV	C	-1.04%
UI	A	-0.97%
EXPE	B	-0.83%
NTAP	C	-0.81%
MCHP	D	-0.79%
RMD	C	-0.77%
DUOL	A	-0.72%
PINS	D	-0.7%
PSTG	D	-0.68%
FFIV	B	-0.6%
PCTY	B	-0.59%
VRSN	F	-0.57%
NBIX	C	-0.53%
JKHY	D	-0.51%
GNRC	B	-0.5%
SWKS	F	-0.5%
SOLV	C	-0.49%
LYFT	C	-0.48%
HAS	D	-0.44%
JAZZ	B	-0.44%
ETSY	D	-0.42%
NYT	C	-0.4%
MTCH	D	-0.4%
HALO	F	-0.38%
PI	D	-0.36%
MAT	D	-0.36%
CRUS	D	-0.32%
ENPH	F	-0.3%
ALKS	B	-0.3%
QRVO	F	-0.29%
IGT	F	-0.25%
AMZN	C	-0.2%
ACAD	D	-0.2%
YELP	C	-0.18%
FLNC	C	-0.18%
PTGX	C	-0.17%
CMPR	D	-0.15%