DFND vs. EVUS ETF Comparison

Comparison of Realty Shares DIVCON Dividend Defender ETF (DFND) to iShares ESG Aware MSCI USA Value ETF (EVUS)

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

$43.06

Average Daily Volume

328

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EVUS

iShares ESG Aware MSCI USA Value ETF

EVUS Description

EVUS tracks an index of large- and mid-cap US value stocks perceived to have positive ESG characteristics. The parent index, MSCI USA Value Index, identifies value stocks through book value-to-price ratio, 12-month forward earnings-to-price ratio, and dividend yield. Securities are then screened to exclude companies involved in controversial businesses and issues (e.g., weapons, tobacco, climate change issues). All selected securities are assigned an ESG score that evaluates a companys exposure to key ESG issues based on the companys business segment and geographic risk, as well as their strategies and programs to manage these risks and opportunities. Using a sector-specific weighting model, companies are rated and ranked against industry peers. The quantitative process leans toward higher-rated stocks while also considering market-cap and constraints based on the parent index. The fund may engage in securities lending. The index is reviewed and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$29.81

Average Daily Volume

2,313

Number of Holdings ^*

234

* may have additional holdings in another (foreign) market

Performance

Period	DFND	EVUS
30 Days	14.45%	1.48%
60 Days	9.00%	5.57%
90 Days	12.93%	10.09%
12 Months	18.75%	30.71%

28 Overlapping Holdings

Symbol	Grade	Weight in DFND	Weight in EVUS	Overlap
ACN	B	0.32%	0.54%	0.32%
ADI	C	1.47%	0.29%	0.29%
ALLE	A	1.52%	0.16%	0.16%
AVGO	C	0.87%	3.1%	0.87%
BR	B	0.69%	0.69%	0.69%
CB	A	1.42%	0.13%	0.13%
CBOE	B	1.33%	0.11%	0.11%
CMCSA	B	1.06%	0.39%	0.39%
CMI	B	1.78%	0.7%	0.7%
CSCO	A	1.35%	0.94%	0.94%
D	A	-3.07%	0.28%	-3.07%
DHI	B	1.73%	0.19%	0.19%
ETN	C	1.6%	0.26%	0.26%
FDS	C	2.1%	0.19%	0.19%
HON	B	1.29%	0.78%	0.78%
HUBB	A	1.23%	0.14%	0.14%
INTC	D	-0.95%	0.54%	-0.95%
IP	B	-2.0%	0.14%	-2.0%
ITW	B	1.62%	0.11%	0.11%
J	D	1.51%	0.24%	0.24%
LIN	B	1.26%	0.53%	0.53%
MCD	A	2.21%	0.66%	0.66%
MMC	D	1.23%	0.25%	0.25%
PG	C	2.39%	1.54%	1.54%
PHM	A	2.21%	0.15%	0.15%
PPG	D	1.82%	0.36%	0.36%
ROK	D	1.51%	0.12%	0.12%
T	A	-2.13%	0.37%	-2.13%

DFND Overweight 42 Positions Relative to EVUS

Symbol	Grade	Weight
KLAC	D	2.87%
V	C	2.49%
CTAS	C	2.46%
VRSK	D	2.27%
NDSN	B	2.23%
SHW	B	2.21%
MPC	F	2.2%
LMT	A	2.19%
SNA	B	2.12%
MPWR	C	2.05%
GWW	A	2.0%
BRO	A	1.98%
MCO	C	1.91%
MSI	A	1.68%
MA	A	1.67%
AMAT	D	1.65%
HSY	D	1.5%
AON	A	1.41%
AOS	B	1.25%
MSCI	B	1.22%
CME	A	1.19%
COST	C	1.18%
MSFT	C	1.03%
FAST	C	0.98%
AAPL	C	0.96%
LW	D	0.93%
GL	C	0.92%
ALB	D	0.85%
ODFL	D	0.77%
MLM	D	0.75%
INTU	F	0.72%
MCHP	F	0.1%
PARA	F	-0.31%
APA	F	-0.92%
VFC	B	-1.02%
DVN	F	-1.17%
NWS	D	-1.71%
LUV	C	-1.85%
FCX	B	-1.93%
SW	B	-2.04%
F	D	-2.38%
CNP	B	-2.42%

DFND Underweight 206 Positions Relative to EVUS

Symbol	Grade	Weight
JPM	D	-2.47%
HD	A	-2.06%
UNH	B	-2.05%
KO	B	-1.92%
XOM	B	-1.53%
JNJ	C	-1.53%
TXN	C	-1.51%
IBM	C	-1.24%
BRK.A	C	-1.17%
CVX	D	-1.17%
ADP	A	-1.16%
ORCL	C	-1.16%
BAC	D	-1.14%
ABBV	A	-1.07%
PRU	C	-0.99%
PEG	A	-0.94%
GILD	A	-0.92%
PEP	D	-0.92%
K	B	-0.91%
NEE	A	-0.9%
AMGN	D	-0.88%
ELV	F	-0.88%
VZ	A	-0.85%
MS	B	-0.84%
DHR	B	-0.84%
AXP	A	-0.84%
RTX	A	-0.8%
COP	D	-0.79%
CAT	A	-0.77%
LOW	A	-0.76%
DIS	D	-0.74%
GS	D	-0.72%
GIS	B	-0.71%
CRH	C	-0.7%
AMT	C	-0.7%
SPGI	C	-0.69%
BK	C	-0.69%
ECL	A	-0.68%
CCI	A	-0.68%
PFE	D	-0.66%
OKE	C	-0.66%
QCOM	D	-0.65%
KMI	A	-0.65%
CI	C	-0.64%
MMM	B	-0.64%
C	B	-0.62%
MRK	F	-0.62%
NI	A	-0.62%
PNR	A	-0.59%
EQIX	B	-0.59%
EXPD	B	-0.56%
PNC	C	-0.56%
NXPI	F	-0.55%
MET	A	-0.52%
ZTS	B	-0.48%
HIG	A	-0.48%
COR	F	-0.46%
DE	A	-0.45%
XYL	B	-0.45%
TGT	C	-0.44%
NOC	B	-0.44%
WELL	B	-0.43%
TRV	C	-0.43%
CARR	C	-0.43%
FERG	F	-0.43%
LKQ	F	-0.42%
CLX	B	-0.42%
DLR	C	-0.41%
CMS	A	-0.4%
KR	B	-0.4%
MU	D	-0.4%
CHRW	A	-0.4%
PGR	C	-0.39%
KMB	B	-0.38%
BMY	B	-0.37%
IRM	B	-0.36%
SBUX	B	-0.36%
HCA	A	-0.36%
SYF	C	-0.36%
DFS	C	-0.36%
NEM	C	-0.36%
OVV	F	-0.36%
EXC	A	-0.36%
JCI	B	-0.35%
BG	D	-0.35%
NDAQ	C	-0.35%
EA	D	-0.35%
KEYS	C	-0.35%
STE	D	-0.34%
PLD	D	-0.34%
COO	C	-0.34%
ANSS	D	-0.34%
PSX	F	-0.33%
CBRE	A	-0.33%
UPS	D	-0.32%
FLUT	B	-0.32%
BBY	B	-0.32%
SCHW	D	-0.32%
HPE	C	-0.31%
FI	A	-0.31%
TAP	D	-0.3%
KHC	B	-0.3%
EIX	A	-0.29%
WY	B	-0.29%
BLK	B	-0.29%
REGN	D	-0.29%
CAH	B	-0.29%
FTV	B	-0.28%
FBIN	B	-0.28%
SLB	F	-0.28%
DGX	C	-0.28%
ED	A	-0.27%
CHD	B	-0.27%
URI	B	-0.27%
NUE	D	-0.26%
BKR	B	-0.26%
USB	C	-0.26%
ES	A	-0.25%
FIS	C	-0.25%
CNH	C	-0.25%
KDP	C	-0.25%
TSCO	A	-0.24%
HBAN	C	-0.24%
ABT	C	-0.24%
AFL	A	-0.23%
CNC	F	-0.23%
A	B	-0.22%
FDX	D	-0.22%
VLO	F	-0.22%
ZBH	F	-0.22%
PYPL	B	-0.22%
DAL	B	-0.22%
LH	D	-0.21%
WFC	D	-0.21%
TFC	D	-0.21%
TFX	B	-0.2%
WTRG	D	-0.2%
ACGL	A	-0.19%
OC	B	-0.19%
MRO	D	-0.18%
AIZ	A	-0.18%
TRMB	B	-0.17%
IEX	D	-0.17%
HII	D	-0.17%
STT	C	-0.17%
TJX	C	-0.17%
GEV	A	-0.17%
MKC	B	-0.16%
JBHT	D	-0.16%
HPQ	C	-0.16%
FSLR	C	-0.14%
TMO	C	-0.14%
NTRS	C	-0.14%
AKAM	D	-0.14%
IFF	C	-0.14%
CPB	D	-0.14%
COF	C	-0.14%
HOLX	D	-0.14%
WTW	A	-0.13%
DOW	B	-0.13%
BIIB	F	-0.13%
HRL	F	-0.13%
EQT	C	-0.13%
WMB	A	-0.13%
IR	B	-0.13%
BALL	B	-0.12%
FANG	F	-0.12%
SOLV	D	-0.12%
WDC	C	-0.12%
ADM	D	-0.12%
BXP	C	-0.12%
PFG	C	-0.12%
JNPR	C	-0.12%
GEHC	B	-0.11%
STZ	B	-0.11%
LDOS	A	-0.11%
ICE	A	-0.11%
TWLO	C	-0.11%
AVY	B	-0.11%
MKTX	C	-0.11%
PSA	C	-0.11%
FOX	A	-0.11%
ULTA	D	-0.11%
AVTR	D	-0.11%
HUM	F	-0.11%
PAYX	A	-0.11%
MDLZ	C	-0.1%
LYB	D	-0.1%
IPG	C	-0.1%
DD	B	-0.1%
AZPN	C	-0.1%
RMD	C	-0.1%
SYY	B	-0.1%
DOV	C	-0.1%
STLD	C	-0.1%
GEN	A	-0.1%
APD	C	-0.1%
CCK	A	-0.1%
CAG	B	-0.1%
NKE	D	-0.1%
KMX	D	-0.09%
TTC	D	-0.09%
CVS	D	-0.09%
NTAP	D	-0.09%
DG	F	-0.07%
DLTR	F	-0.07%