DFHY vs. IYLD ETF Comparison

Comparison of TrimTabs Donoghue Forlines Tactical High Yield ETF (DFHY) to iShares Morningstar Multi-Asset Income ETF (IYLD)

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

$21.79

Average Daily Volume

2,673

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

IYLD

iShares Morningstar Multi-Asset Income ETF

IYLD Description

The investment seeks to track the investment results of the Morningstar® Multi-Asset High Income IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation. The fund is a fund-of-funds and invests primarily in the securities of the underlying funds that themselves seek investment results corresponding to their own underlying indexes.

Grade (RS Rating)

Last Trade

$20.64

Average Daily Volume

15,794

Number of Holdings ^*

11

* may have additional holdings in another (foreign) market

Performance

Period	DFHY	IYLD
30 Days	2.22%	2.39%
60 Days	3.14%	3.48%
90 Days	4.47%	5.64%
12 Months	8.97%	13.28%

1 Overlapping Holdings

	Symbol	Grade	Weight in DFHY	Weight in IYLD	Overlap
	USHY	A	18.99%	14.96%	14.96%

DFHY Overweight 4 Positions Relative to IYLD

	Symbol	Grade	Weight
	HYLB	A	9.06%
	SJNK	A	6.75%
	FALN	A	6.48%
	ANGL	A	6.04%

DFHY Underweight 10 Positions Relative to IYLD

	Symbol	Grade	Weight
	PFF	A	-15.19%
	ISTB	A	-15.03%
	FLOT	A	-14.93%
	ILF	C	-10.41%
	EFV	A	-9.17%
	CEMB	A	-5.01%
	AGZ	A	-5.01%
	LEMB	A	-4.98%
	USRT	A	-3.39%
	REET	A	-1.76%

DFHY: Top Represented Industries & Keywords

Industries:

Keywords: Bond Exchange Traded Fund Corporate Bond ETF High Yield Debt Index Fund Barclays Bond Market Indices Exchange Traded Funds Futures Markets Ishares Money Market Fund SPDR Swaps

IYLD: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Index Fund Bond Market Corporate Bond Bloomberg Barclays Us Aggregate Bond Index Exchange Traded Funds Real Estate Investment Trust U.S. Government Barclays U.S. Government Bond Market Indices Currency Debenture Debt EAFE Epra Index European Public Real Estate Association Futures Markets Investment Trust