DFND vs. DFAI ETF Comparison

Comparison of Realty Shares DIVCON Dividend Defender ETF (DFND) to Dimensional International Core Equity Market ETF (DFAI)

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

$42.05

Average Daily Volume

397

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFAI

Dimensional International Core Equity Market ETF

DFAI Description

The investment seeks to achieve long-term capital appreciation. The fund will invest in companies of all sizes, with increased exposure to smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the International Universe. As a non-fundamental policy, under normal circumstances, it will invest at least 80% of its net assets in equity securities. The Advisor may also increase or reduce the fund's exposure to an eligible company, or exclude a company, based on shorter-term considerations, such as a company's price momentum and investment characteristics.

Grade (RS Rating)

Last Trade

$30.99

Average Daily Volume

815,961

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFND	DFAI
30 Days	10.73%	0.19%
60 Days	8.09%	2.41%
90 Days	13.54%	4.41%
12 Months	15.22%	15.57%

1 Overlapping Holdings

	Symbol	Grade	Weight in DFND	Weight in DFAI	Overlap
	SW	B	-1.93%	0.0%	-1.93%

DFND Overweight 69 Positions Relative to DFAI

Symbol	Grade	Weight
KLAC	D	2.79%
V	B	2.52%
CTAS	C	2.5%
PG	C	2.39%
VRSK	D	2.33%
SHW	B	2.2%
MCD	C	2.19%
LMT	C	2.19%
MPC	D	2.18%
NDSN	C	2.18%
PHM	B	2.12%
SNA	B	2.09%
MPWR	C	2.07%
BRO	C	2.01%
FDS	C	2.0%
GWW	B	1.94%
MCO	A	1.86%
PPG	C	1.82%
CMI	C	1.73%
DHI	B	1.72%
MSI	C	1.69%
MA	B	1.68%
AMAT	D	1.59%
ITW	B	1.59%
HSY	C	1.53%
ALLE	B	1.51%
ROK	D	1.5%
ETN	C	1.48%
J	D	1.46%
ADI	D	1.45%
CB	B	1.42%
AON	B	1.42%
CBOE	C	1.35%
HON	D	1.31%
CSCO	B	1.3%
MMC	C	1.28%
LIN	B	1.26%
MSCI	C	1.24%
CME	C	1.22%
AOS	C	1.21%
COST	C	1.2%
HUBB	B	1.16%
CMCSA	D	1.05%
MSFT	C	1.02%
FAST	C	0.97%
AAPL	D	0.94%
LW	D	0.91%
GL	C	0.89%
ALB	F	0.88%
AVGO	C	0.84%
ODFL	C	0.77%
INTU	D	0.73%
MLM	D	0.71%
BR	D	0.7%
ACN	C	0.33%
MCHP	D	0.1%
PARA	F	-0.31%
INTC	F	-0.85%
APA	F	-0.87%
VFC	C	-0.94%
DVN	F	-1.16%
NWS	D	-1.69%
FCX	D	-1.82%
LUV	C	-1.85%
IP	B	-1.98%
T	B	-2.15%
F	D	-2.34%
CNP	C	-2.38%
D	C	-3.05%

DFND Underweight 85 Positions Relative to DFAI

Symbol	Grade	Weight
ASML	D	-1.05%
TM	F	-0.96%
NVS	C	-0.85%
UL	C	-0.72%
SONY	D	-0.61%
TD	A	-0.51%
MUFG	D	-0.49%
NVS	C	-0.4%
DEO	C	-0.32%
BHP	D	-0.31%
ABBV	C	-0.31%
CNI	D	-0.29%
BCS	B	-0.28%
LYG	B	-0.23%
BBVA	C	-0.22%
MFG	D	-0.2%
STLA	F	-0.18%
SMFG	D	-0.17%
WCN	D	-0.17%
SMFG	D	-0.16%
E	C	-0.16%
SAN	B	-0.14%
HMC	D	-0.13%
FLUT	B	-0.12%
GOLD	B	-0.12%
NVO	D	-0.11%
HMC	D	-0.1%
PHG	B	-0.09%
RBA	C	-0.07%
SHOP	C	-0.07%
NMR	F	-0.06%
LOGI	D	-0.06%
STM	F	-0.06%
CCEP	B	-0.06%
XRX	F	-0.06%
TEVA	C	-0.05%
AGCO	D	-0.04%
OTEX	D	-0.04%
ARGX	C	-0.04%
NOK	C	-0.04%
QGEN	B	-0.04%
MT	D	-0.04%
NMR	F	-0.04%
WFG	B	-0.03%
FRO	C	-0.02%
IAG	B	-0.02%
TEF	A	-0.02%
AEI	D	-0.02%
MBAVU	C	-0.02%
NICE	F	-0.01%
PIXY	F	-0.01%
ORLA	C	-0.01%
TAC	B	-0.01%
GOGL	D	-0.01%
TCI	F	-0.01%
TS	D	-0.01%
GMAB	F	-0.01%
WDS	D	-0.01%
TRMD	C	-0.01%
DOOO	F	-0.01%
CHRD	F	-0.01%
HAFN	D	-0.01%
MGIC	C	-0.0%
AUDC	F	-0.0%
IAUX	D	-0.0%
PRMW	A	-0.0%
UBCP	F	-0.0%
PSNY	C	-0.0%
AUID	F	-0.0%
TLRY	F	-0.0%
PTMN	D	-0.0%
CACC	D	-0.0%
IMMP	D	-0.0%
VGR	C	-0.0%
ASTL	C	-0.0%
SAP	A	-0.0%
RENB	F	-0.0%
ECO	B	-0.0%
FLNG	C	-0.0%
CHGX	A	-0.0%
VMAR	F	-0.0%
PDS	D	-0.0%
MNTX	D	-0.0%
DNN	F	-0.0%
LSPD	D	-0.0%