DFND vs. BSV ETF Comparison

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

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

$43.30

Average Daily Volume

849

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BSV

Vanguard Short-Term Bond ETF

BSV Description

The investment seeks to track the performance of a market-weighted bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 Year 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 between 1 and 5 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

$77.31

Average Daily Volume

2,070,466

Number of Holdings ^*

441

* may have additional holdings in another (foreign) market

Performance

Period	DFND	BSV
30 Days	6.81%	-0.39%
60 Days	3.15%	-1.31%
90 Days	13.91%	-0.35%
12 Months	14.05%	5.42%

50 Overlapping Holdings

Symbol	Grade	Weight in DFND	Weight in BSV	Overlap
AAPL	C	0.95%	0.01%	0.01%
ADI	D	1.37%	0.01%	0.01%
ALB	B	1.01%	0.01%	0.01%
ALLE	C	1.51%	0.01%	0.01%
AMAT	F	1.59%	0.01%	0.01%
AON	A	1.52%	0.01%	0.01%
AVGO	D	0.86%	0.01%	0.01%
BR	A	0.75%	0.01%	0.01%
BRO	B	2.13%	0.01%	0.01%
CB	C	1.39%	0.01%	0.01%
CMCSA	B	1.15%	0.01%	0.01%
CME	B	1.24%	0.01%	0.01%
CMI	A	2.09%	0.01%	0.01%
CNP	A	-2.56%	0.01%	-2.56%
COST	A	1.2%	0.01%	0.01%
CSCO	B	1.5%	0.01%	0.01%
D	C	-2.96%	0.01%	-2.96%
DHI	F	1.47%	0.01%	0.01%
DVN	F	-1.12%	0.01%	-1.12%
ETN	A	1.74%	0.02%	0.02%
GWW	B	2.25%	0.01%	0.01%
HON	C	1.45%	0.01%	0.01%
HSY	F	1.36%	0.01%	0.01%
HUBB	B	1.27%	0.01%	0.01%
INTC	C	-1.08%	0.01%	-1.08%
INTU	B	0.78%	0.01%	0.01%
IP	A	-2.32%	0.01%	-2.32%
ITW	B	1.71%	0.01%	0.01%
KLAC	F	2.42%	0.02%	0.02%
LIN	C	1.2%	0.01%	0.01%
LMT	D	2.05%	0.01%	0.01%
LUV	C	-2.05%	0.01%	-2.05%
MA	B	1.75%	0.01%	0.01%
MCD	D	2.2%	0.01%	0.01%
MCHP	F	0.08%	0.02%	0.02%
MCO	B	1.85%	0.01%	0.01%
MLM	C	0.8%	0.01%	0.01%
MMC	B	1.21%	0.01%	0.01%
MPC	D	2.11%	0.01%	0.01%
MSFT	D	1.0%	0.01%	0.01%
MSI	B	1.86%	0.01%	0.01%
PG	C	2.27%	0.01%	0.01%
PHM	D	2.0%	0.01%	0.01%
PPG	F	1.77%	0.01%	0.01%
ROK	C	1.65%	0.01%	0.01%
SHW	B	2.25%	0.01%	0.01%
T	A	-2.19%	0.01%	-2.19%
V	A	2.68%	0.02%	0.02%
VFC	C	-1.1%	0.01%	-1.1%
VRSK	A	2.44%	0.01%	0.01%

DFND Overweight 20 Positions Relative to BSV

Symbol	Grade	Weight
SNA	A	2.66%
CTAS	B	2.6%
FDS	B	2.22%
NDSN	B	2.22%
J	D	1.42%
MSCI	C	1.33%
MPWR	F	1.31%
CBOE	C	1.26%
FAST	B	1.13%
LW	C	1.13%
AOS	F	1.09%
GL	C	0.93%
ODFL	C	0.88%
ACN	B	0.34%
PARA	C	-0.33%
APA	D	-0.82%
FCX	F	-1.86%
NWS	A	-1.96%
SW	A	-2.15%
F	C	-2.41%

DFND Underweight 391 Positions Relative to BSV

Symbol	Grade	Weight
WIT	B	-0.26%
CARR	C	-0.03%
STLA	F	-0.02%
TAP	C	-0.02%
BIIB	F	-0.02%
MDT	D	-0.02%
NOC	D	-0.02%
NI	A	-0.02%
VOD	F	-0.02%
OTIS	C	-0.02%
DD	C	-0.02%
VZ	C	-0.02%
CHTR	C	-0.02%
NNN	C	-0.01%
NEU	D	-0.01%
NDAQ	A	-0.01%
NVT	B	-0.01%
NTAP	C	-0.01%
MOS	F	-0.01%
MAS	D	-0.01%
PCAR	B	-0.01%
LNC	C	-0.01%
MHK	D	-0.01%
OGS	A	-0.01%
LDOS	C	-0.01%
IVZ	B	-0.01%
HRL	D	-0.01%
HP	C	-0.01%
HOG	D	-0.01%
JHG	B	-0.01%
HES	B	-0.01%
JEF	A	-0.01%
JD	D	-0.01%
IFF	D	-0.01%
HAS	D	-0.01%
L	A	-0.01%
JCI	B	-0.01%
H	B	-0.01%
GXO	B	-0.01%
KMPR	A	-0.01%
KMB	C	-0.01%
ES	C	-0.01%
EQR	C	-0.01%
EQH	C	-0.01%
EPR	C	-0.01%
FTNT	C	-0.01%
EL	F	-0.01%
EFX	F	-0.01%
FRT	B	-0.01%
DAL	B	-0.01%
EA	A	-0.01%
FNB	A	-0.01%
DXC	B	-0.01%
CSL	C	-0.01%
FMC	D	-0.01%
FLS	B	-0.01%
GBDC	D	-0.01%
BC	C	-0.01%
BAX	F	-0.01%
AIZ	A	-0.01%
CNA	C	-0.01%
AVT	C	-0.01%
CLX	A	-0.01%
AVB	B	-0.01%
BRX	A	-0.01%
ATO	A	-0.01%
AEP	C	-0.01%
AEE	A	-0.01%
ADM	D	-0.01%
CHD	A	-0.01%
ARW	D	-0.01%
CF	A	-0.01%
BKU	A	-0.01%
CE	F	-0.01%
CDNS	B	-0.01%
A	D	-0.01%
BEN	C	-0.01%
AN	C	-0.01%
CACC	D	-0.01%
CPT	B	-0.01%
BDN	C	-0.01%
BCSF	C	-0.01%
AMG	B	-0.01%
THG	A	-0.01%
UNM	A	-0.01%
WEC	A	-0.01%
TEL	B	-0.01%
WAL	B	-0.01%
SYK	B	-0.01%
SWK	D	-0.01%
VNT	C	-0.01%
TRMB	B	-0.01%
XEL	A	-0.01%
WPC	C	-0.01%
SLG	B	-0.01%
SKT	A	-0.01%
SITC	D	-0.01%
RS	B	-0.01%
ROST	D	-0.01%
PVH	C	-0.01%
RL	C	-0.01%
PFG	D	-0.01%
DOC	C	-0.01%
RGA	A	-0.01%
SPGI	C	-0.01%
SNX	D	-0.01%
SNV	C	-0.01%
MAIN	A	-0.01%
MAA	B	-0.01%
NFG	A	-0.01%
NEM	D	-0.01%
ORLY	B	-0.01%
ORI	A	-0.01%
OPI	F	-0.01%
LNT	A	-0.01%
LLY	F	-0.01%
LII	A	-0.01%
OCSL	F	-0.01%
OC	A	-0.01%
LEG	F	-0.01%
LAZ	B	-0.01%
NTRS	A	-0.01%
MRVL	B	-0.01%
MCK	A	-0.01%
PDM	D	-0.01%
NSC	B	-0.01%
MP	C	-0.01%
KIM	A	-0.01%
KEYS	A	-0.01%
K	A	-0.01%
GSBD	F	-0.01%
HRB	D	-0.01%
JNPR	D	-0.01%
IPG	D	-0.01%
HII	F	-0.01%
ILMN	C	-0.01%
JBHT	C	-0.01%
KSS	F	-0.01%
KRC	B	-0.01%
KR	B	-0.01%
DLR	B	-0.01%
FHN	A	-0.01%
EMR	B	-0.01%
EMN	C	-0.01%
FTV	C	-0.01%
FDX	B	-0.01%
ED	C	-0.01%
CUBE	C	-0.01%
CTVA	C	-0.01%
FAF	A	-0.01%
FLEX	B	-0.01%
DOW	F	-0.01%
DOV	A	-0.01%
COKE	C	-0.01%
CNH	C	-0.01%
BWA	D	-0.01%
BABA	D	-0.01%
CMS	C	-0.01%
AWH	F	-0.01%
AFG	A	-0.01%
ADSK	A	-0.01%
CFG	B	-0.01%
BKH	A	-0.01%
APTV	F	-0.01%
APH	A	-0.01%
APD	A	-0.01%
CP	F	-0.01%
UDR	B	-0.01%
UAL	A	-0.01%
TDY	B	-0.01%
WAB	B	-0.01%
TXT	D	-0.01%
TSLX	C	-0.01%
SWKS	F	-0.01%
VOYA	B	-0.01%
VNO	C	-0.01%
VMC	B	-0.01%
WY	F	-0.01%
WU	F	-0.01%
TKR	D	-0.01%
WM	B	-0.01%
WHR	B	-0.01%
PNW	A	-0.01%
RNR	C	-0.01%
SF	B	-0.01%
PSEC	D	-0.01%
PSA	C	-0.01%
SCCO	F	-0.01%
RF	A	-0.01%
SBRA	C	-0.01%
GLPI	C	-0.01%
HAL	C	-0.01%
KO	D	-0.01%
ESS	B	-0.01%
KEY	B	-0.01%
KDP	F	-0.01%
HUM	C	-0.01%
NUE	C	-0.01%
LYB	F	-0.01%
MMM	D	-0.01%
OHI	C	-0.01%
LHX	C	-0.01%
LH	B	-0.01%
MET	A	-0.01%
O	C	-0.01%
NXPI	D	-0.01%
MDLZ	F	-0.01%
BHP	F	-0.01%
BG	D	-0.01%
CRM	B	-0.01%
AZO	C	-0.01%
AWK	C	-0.01%
AGR	A	-0.01%
CL	D	-0.01%
DHR	F	-0.01%
DTE	C	-0.01%
EVRG	A	-0.01%
ETR	B	-0.01%
CNO	B	-0.01%
HST	C	-0.01%
GP	F	-0.01%
MAR	A	-0.01%
LRCX	F	-0.01%
MKC	C	-0.01%
AMGN	F	-0.01%
WB	D	-0.01%
VTR	B	-0.01%
SYY	D	-0.01%
SYF	B	-0.01%
ZTS	D	-0.01%
STLD	B	-0.01%
SRE	A	-0.01%
R	B	-0.01%
PKG	A	-0.01%
PYPL	B	-0.01%
PRU	A	-0.01%
PEG	A	-0.01%
AES	F	-0.01%
ADP	A	-0.01%
ABT	B	-0.01%
HBAN	A	-0.01%
KMI	A	-0.01%
DLTR	F	-0.01%
EOG	A	-0.01%
DGX	A	-0.01%
EIX	B	-0.01%
DE	B	-0.01%
FSK	A	-0.01%
EBAY	D	-0.01%
LEN	D	-0.01%
NVDA	B	-0.01%
UNP	C	-0.01%
TT	A	-0.01%
AFL	B	-0.01%
ADBE	C	-0.01%
BLK	B	-0.01%
BIDU	F	-0.01%
FANG	C	-0.01%
CSX	C	-0.01%
EXPE	B	-0.01%
EXC	C	-0.01%
CAH	B	-0.01%
AL	B	-0.01%
BXP	C	-0.01%
TJX	A	-0.01%
WLK	D	-0.01%
PM	B	-0.01%
RSG	A	-0.01%
ROP	B	-0.01%
PPL	A	-0.01%
AMT	C	-0.01%
COP	C	-0.01%
STT	B	-0.01%
VLO	C	-0.01%
TMO	F	-0.01%
WEST	C	-0.01%
WMB	A	-0.01%
SLB	C	-0.01%
QCOM	F	-0.01%
RPRX	D	-0.01%
PH	A	-0.01%
CPB	D	-0.01%
USB	A	-0.01%
UPS	C	-0.01%
TGT	F	-0.01%
UNH	B	-0.01%
WBA	F	-0.01%
AIG	B	-0.01%
CM	A	-0.01%
AER	A	-0.01%
BK	A	-0.01%
CCI	C	-0.01%
BERY	C	-0.01%
DUK	C	-0.01%
GD	D	-0.01%
ALLY	C	-0.01%
CAF	D	-0.01%
ICE	C	-0.01%
ET	A	-0.01%
EQIX	A	-0.01%
FOXA	A	-0.01%
OMC	C	-0.01%
MRK	D	-0.01%
GPN	B	-0.01%
JNJ	C	-0.01%
GIS	D	-0.01%
HD	B	-0.01%
GE	D	-0.01%
SBUX	A	-0.01%
SPG	A	-0.01%
LVS	B	-0.01%
NKE	F	-0.01%
PAA	B	-0.01%
TFC	A	-0.01%
TXN	C	-0.01%
ZBH	C	-0.01%
STZ	D	-0.01%
PNC	B	-0.01%
RTX	D	-0.01%
PSX	C	-0.01%
PFE	F	-0.01%
BKNG	A	-0.01%
ARE	F	-0.01%
ARCC	A	-0.01%
BDX	F	-0.01%
AMP	A	-0.01%
CAT	B	-0.01%
CMA	B	-0.01%
BSX	A	-0.01%
DIS	B	-0.01%
DG	F	-0.01%
DFS	B	-0.01%
EDC	F	-0.01%
FIS	C	-0.01%
ALL	A	-0.01%
COE	C	-0.01%
CAG	F	-0.01%
GOOGL	C	-0.01%
HPQ	B	-0.01%
MPLX	A	-0.01%
GSK	F	-0.01%
MO	A	-0.01%
LOW	C	-0.01%
OKE	A	-0.01%
MU	D	-0.01%
MTB	A	-0.01%
AMZN	C	-0.01%
AXP	A	-0.01%
EPD	A	-0.01%
DB	D	-0.01%
COF	C	-0.01%
GILD	C	-0.01%
NEE	C	-0.01%
RY	A	-0.01%
PEP	F	-0.01%
VTRS	A	-0.01%
AZN	F	-0.01%
BNS	A	-0.01%
FITB	B	-0.01%
HCA	F	-0.01%
EQNR	C	-0.01%
CVX	A	-0.01%
NWG	A	-0.01%
IBM	C	-0.01%
HPE	B	-0.01%
SCHW	B	-0.01%
PCG	A	-0.01%
TSN	B	-0.01%
WMT	A	-0.01%
SO	C	-0.01%
TMUS	B	-0.01%
WELL	A	-0.01%
TD	D	-0.01%
CI	D	-0.01%
ORCL	A	-0.01%
BMO	A	-0.01%
GM	C	-0.01%
XOM	B	-0.01%
ABBV	F	-0.01%
BMY	B	-0.01%
CVS	D	-0.01%
GS	A	-0.01%
MUFG	B	-0.01%
BA	F	-0.01%
HSBC	A	-0.01%
DELL	B	-0.01%
WFC	A	-0.01%
C	A	-0.01%
MS	A	-0.01%
BAC	A	-0.01%
JPM	A	-0.01%