BLV vs. DFND ETF Comparison

Comparison of Vanguard Long-Term Bond ETF (BLV) to Realty Shares DIVCON Dividend Defender ETF (DFND)

BLV

Vanguard Long-Term Bond ETF

BLV Description

The investment seeks to track the performance of a market-weighted bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$70.30

Average Daily Volume

649,810

Number of Holdings ^*

342

* may have additional holdings in another (foreign) market

DFND

Realty Shares DIVCON Dividend Defender ETF

DFND Description

The investment seeks long-term capital appreciation by tracking the performance, before fees and expenses, of the Reality Shares DIVCON Dividend Defender Index. The index is designed to select the companies for a long position that have the highest probability of increasing their dividend in a 12-month period and select the companies for a short position that have the highest probability of decreasing their dividend in a 12-month period. Under normal circumstances, at least 80% of the fund's assets (other than collateral held from securities lending, if any) will be invested in component securities of the benchmark index. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.88

Average Daily Volume

851

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BLV	DFND
30 Days	-0.94%	-1.19%
60 Days	-6.20%	2.16%
90 Days	-5.10%	12.82%
12 Months	6.76%	12.95%

41 Overlapping Holdings

Symbol	Grade	Weight in BLV	Weight in DFND	Overlap
AAPL	C	0.02%	0.95%	0.02%
ADI	D	0.02%	1.37%	0.02%
ALB	C	0.01%	1.01%	0.01%
AMAT	F	0.01%	1.59%	0.01%
AON	A	0.01%	1.52%	0.01%
AVGO	D	0.03%	0.86%	0.03%
CB	C	0.01%	1.39%	0.01%
CMCSA	B	0.01%	1.15%	0.01%
CME	A	0.02%	1.24%	0.02%
CMI	A	0.01%	2.09%	0.01%
CNP	B	0.01%	-2.56%	-2.56%
COST	B	0.04%	1.2%	0.04%
CSCO	B	0.03%	1.5%	0.03%
D	C	0.01%	-2.96%	-2.96%
DVN	F	0.01%	-1.12%	-1.12%
ETN	A	0.01%	1.74%	0.01%
GWW	B	0.01%	2.25%	0.01%
HON	B	0.01%	1.45%	0.01%
HSY	F	0.01%	1.36%	0.01%
INTC	D	0.01%	-1.08%	-1.08%
IP	B	0.01%	-2.32%	-2.32%
ITW	B	0.01%	1.71%	0.01%
KLAC	D	0.01%	2.42%	0.01%
LIN	D	0.01%	1.2%	0.01%
LMT	D	0.01%	2.05%	0.01%
MA	C	0.01%	1.75%	0.01%
MCD	D	0.01%	2.2%	0.01%
MCO	B	0.01%	1.85%	0.01%
MLM	B	0.01%	0.8%	0.01%
MMC	B	0.01%	1.21%	0.01%
MPC	D	0.01%	2.11%	0.01%
MSFT	F	0.01%	1.0%	0.01%
MSI	B	0.01%	1.86%	0.01%
PG	A	0.01%	2.27%	0.01%
PHM	D	0.01%	2.0%	0.01%
ROK	B	0.01%	1.65%	0.01%
SHW	A	0.01%	2.25%	0.01%
SNA	A	0.01%	2.66%	0.01%
T	A	0.01%	-2.19%	-2.19%
V	A	0.01%	2.68%	0.01%
VRSK	A	0.01%	2.44%	0.01%

BLV Overweight 301 Positions Relative to DFND

Symbol	Grade	Weight
WIT	A	1.44%
MDT	D	0.05%
FITB	A	0.04%
HPE	B	0.04%
WY	D	0.04%
EQH	B	0.04%
ALLY	C	0.04%
CARR	D	0.04%
DD	D	0.04%
DELL	C	0.04%
HPQ	B	0.03%
NUE	C	0.03%
SCCO	F	0.03%
TAP	C	0.03%
CRM	B	0.03%
HAL	C	0.03%
BHP	F	0.03%
AMZN	C	0.03%
PYPL	B	0.02%
TEL	B	0.02%
CF	B	0.02%
AXP	A	0.02%
OHI	C	0.02%
LEA	D	0.02%
MDLZ	F	0.02%
VMC	B	0.02%
BHF	B	0.02%
FANG	D	0.02%
AJG	B	0.02%
EBAY	D	0.02%
GPN	B	0.02%
WU	D	0.02%
WHR	B	0.02%
MAR	B	0.02%
ICE	C	0.02%
VLO	C	0.02%
CAG	D	0.02%
GOOGL	C	0.02%
GM	B	0.02%
BIIB	F	0.02%
BABA	D	0.02%
FOXA	B	0.02%
NVDA	C	0.02%
PSX	C	0.02%
VTRS	A	0.02%
GSK	F	0.02%
MS	A	0.02%
AMGN	D	0.02%
ABBV	D	0.02%
CPT	B	0.01%
VTR	C	0.01%
STLD	B	0.01%
WPC	D	0.01%
RPM	A	0.01%
PECO	A	0.01%
DOC	D	0.01%
SCHW	B	0.01%
BAX	D	0.01%
AIZ	A	0.01%
AGO	B	0.01%
AES	F	0.01%
CHD	B	0.01%
ADC	B	0.01%
AAT	B	0.01%
BEN	C	0.01%
CACC	D	0.01%
HIW	D	0.01%
JD	D	0.01%
FRT	B	0.01%
FNF	B	0.01%
REG	B	0.01%
AVA	A	0.01%
CHI	A	0.01%
UDR	B	0.01%
SWX	B	0.01%
TJX	A	0.01%
SIGI	C	0.01%
DT	C	0.01%
EXR	D	0.01%
DRI	B	0.01%
XYL	D	0.01%
MKC	D	0.01%
OPI	F	0.01%
PDM	D	0.01%
K	A	0.01%
JNPR	F	0.01%
IDA	A	0.01%
DGX	A	0.01%
MAA	B	0.01%
LXP	D	0.01%
KRC	C	0.01%
KSS	F	0.01%
WELL	A	0.01%
WTRG	B	0.01%
WEST	C	0.01%
ORI	A	0.01%
OC	A	0.01%
NYC	D	0.01%
NWE	B	0.01%
KIM	A	0.01%
INGR	B	0.01%
EQIX	A	0.01%
EOG	A	0.01%
FTV	C	0.01%
DOV	A	0.01%
CAH	B	0.01%
BWA	D	0.01%
AFL	B	0.01%
AFG	A	0.01%
CFG	B	0.01%
APTV	D	0.01%
CPB	D	0.01%
COO	D	0.01%
UAL	A	0.01%
VOYA	B	0.01%
VMI	B	0.01%
STE	F	0.01%
RF	A	0.01%
SBRA	C	0.01%
ZBH	C	0.01%
NOV	C	0.01%
NNN	D	0.01%
NDAQ	A	0.01%
OGE	B	0.01%
LHX	C	0.01%
LH	C	0.01%
NXPI	D	0.01%
IVZ	B	0.01%
HRL	D	0.01%
HOG	D	0.01%
JEF	A	0.01%
HAS	D	0.01%
L	A	0.01%
ESS	B	0.01%
DG	F	0.01%
FE	C	0.01%
EE	A	0.01%
EA	A	0.01%
FMC	D	0.01%
AVB	B	0.01%
CL	D	0.01%
CINF	A	0.01%
UNM	A	0.01%
PKG	A	0.01%
PFG	D	0.01%
REGN	F	0.01%
SPGI	C	0.01%
EG	C	0.01%
SYK	C	0.01%
SWK	D	0.01%
STZ	D	0.01%
PEG	A	0.01%
WEC	A	0.01%
ATO	A	0.01%
AEP	D	0.01%
AEE	A	0.01%
ADM	D	0.01%
ACGL	D	0.01%
ARE	D	0.01%
CTS	C	0.01%
DTE	C	0.01%
EVRG	A	0.01%
FIS	C	0.01%
ALL	A	0.01%
AWK	D	0.01%
HIG	B	0.01%
IFF	D	0.01%
JCI	C	0.01%
KMB	D	0.01%
ES	D	0.01%
EQR	B	0.01%
EL	F	0.01%
KDP	D	0.01%
HUM	C	0.01%
OTIS	C	0.01%
NEE	D	0.01%
LNC	B	0.01%
OKE	A	0.01%
OGS	A	0.01%
O	D	0.01%
PPL	B	0.01%
XEL	A	0.01%
MOS	F	0.01%
MAS	D	0.01%
TRV	B	0.01%
PNW	B	0.01%
PLD	D	0.01%
SJM	D	0.01%
RSG	A	0.01%
RPRX	D	0.01%
TT	A	0.01%
CMS	C	0.01%
BKH	A	0.01%
APD	A	0.01%
CCI	D	0.01%
CP	D	0.01%
TGT	F	0.01%
GD	F	0.01%
EMN	D	0.01%
DE	A	0.01%
IPG	D	0.01%
JBLU	F	0.01%
NI	A	0.01%
PAA	B	0.01%
MKL	A	0.01%
MRO	B	0.01%
WRB	A	0.01%
WM	A	0.01%
WLK	D	0.01%
LNT	A	0.01%
KR	B	0.01%
EQNR	D	0.01%
EIX	B	0.01%
ED	D	0.01%
ECL	D	0.01%
CVX	A	0.01%
GIS	D	0.01%
KOF	F	0.01%
NKE	D	0.01%
NEM	D	0.01%
NSC	B	0.01%
WBA	F	0.01%
LRCX	F	0.01%
LLY	F	0.01%
ZTS	D	0.01%
LYB	F	0.01%
TMO	F	0.01%
PM	B	0.01%
PH	A	0.01%
RJF	A	0.01%
AMT	D	0.01%
UPS	C	0.01%
CSX	B	0.01%
EXC	C	0.01%
DOW	F	0.01%
BSX	B	0.01%
ETR	B	0.01%
HES	B	0.01%
DHR	F	0.01%
GLW	B	0.01%
MMM	D	0.01%
MUFG	B	0.01%
PEP	F	0.01%
SBUX	A	0.01%
SPG	B	0.01%
SRE	A	0.01%
PGR	A	0.01%
MET	A	0.01%
AIG	B	0.01%
ET	A	0.01%
FDX	B	0.01%
MRK	F	0.01%
WMB	A	0.01%
SYY	B	0.01%
PRU	A	0.01%
CAT	B	0.01%
TXN	C	0.01%
TSN	B	0.01%
KO	D	0.01%
EPD	A	0.01%
MPLX	A	0.01%
WMT	A	0.01%
BDX	F	0.01%
C	A	0.01%
GILD	C	0.01%
LOW	D	0.01%
SO	D	0.01%
UNH	C	0.01%
DUK	C	0.01%
JNJ	D	0.01%
HCA	F	0.01%
KMI	A	0.01%
ABT	B	0.01%
DIS	B	0.01%
MO	A	0.01%
QCOM	F	0.01%
UNP	C	0.01%
CI	F	0.01%
COP	C	0.01%
NOC	D	0.01%
IBM	C	0.01%
RTX	C	0.01%
AZN	D	0.01%
XOM	B	0.01%
VOD	F	0.01%
BMY	B	0.01%
JPM	A	0.01%
TMUS	B	0.01%
HSBC	B	0.01%
HD	A	0.01%
ORCL	B	0.01%
PCG	A	0.01%
CHTR	C	0.01%
PFE	D	0.01%
VZ	C	0.01%
WFC	A	0.01%
BAC	A	0.01%
BA	F	0.01%
GS	A	0.01%
CVS	D	0.01%
GE	D	0.01%

BLV Underweight 29 Positions Relative to DFND

Symbol	Grade	Weight
CTAS	B	-2.6%
FDS	B	-2.22%
NDSN	B	-2.22%
BRO	B	-2.13%
PPG	F	-1.77%
ALLE	D	-1.51%
DHI	D	-1.47%
J	F	-1.42%
MSCI	C	-1.33%
MPWR	F	-1.31%
HUBB	B	-1.27%
CBOE	B	-1.26%
FAST	B	-1.13%
LW	C	-1.13%
AOS	F	-1.09%
GL	B	-0.93%
ODFL	B	-0.88%
INTU	C	-0.78%
BR	A	-0.75%
ACN	C	-0.34%
MCHP	D	-0.08%
PARA	C	--0.33%
APA	D	--0.82%
VFC	C	--1.1%
FCX	D	--1.86%
NWS	B	--1.96%
LUV	C	--2.05%
SW	A	--2.15%
F	C	--2.41%