DFHY vs. CDX ETF Comparison

Comparison of TrimTabs Donoghue Forlines Tactical High Yield ETF (DFHY) to Simplify High Yield PLUS Credit Hedge ETF (CDX)

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

$21.28

Average Daily Volume

2,807

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

CDX

Simplify High Yield PLUS Credit Hedge ETF

CDX Description

Simplify Credit Hedge ETF is an exchange traded fund launched and managed by Simplify Asset Management Inc. The fund invests directly, through other funds and through derivatives such as swaps in the fixed income markets of the United States. It primarily invests in investment grade, U.S. Treasuries, U.S. Treasury Inflation-Protected Securities and money market funds bonds. The fund seeks to invest in securities of any maturity. It benchmarks the performance of its portfolio against the Credit default swap index. Simplify Credit Hedge ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$23.14

Average Daily Volume

46,572

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	DFHY	CDX
30 Days	-1.37%	-1.86%
60 Days	-1.39%	-1.16%
90 Days	0.38%	0.94%
12 Months	7.48%	12.22%

1 Overlapping Holdings

	Symbol	Grade	Weight in DFHY	Weight in CDX	Overlap
	ANGL	C	1.19%	-41.32%	-41.32%

DFHY Overweight 8 Positions Relative to CDX

	Symbol	Grade	Weight
	VGIT	C	24.58%
	GOVT	C	21.01%
	SCHR	C	15.55%
	IEI	C	9.55%
	USHY	A	4.55%
	HYLB	C	1.8%
	SJNK	A	1.32%
	FALN	C	1.3%

DFHY Underweight 0 Positions Relative to CDX

	Symbol	Grade	Weight

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

CDX: Top Represented Industries & Keywords

Industries:

Keywords: Bond Bond Market Indices Corporate Bond ETF Exchange Traded Fund High Yield Debt