DFND vs. ROE ETF Comparison

Comparison of Realty Shares DIVCON Dividend Defender ETF (DFND) to Astoria US Quality Kings ETF (ROE)

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

$42.21

Average Daily Volume

779

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ROE

Astoria US Quality Kings ETF

ROE Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in common stock principally traded in the U.S. The fund seeks to invest in companies that exhibit robust quality characteristics across sectors, with attractive valuations and dividend paying potential, as determined by the fund"s sub-adviser.

Grade (RS Rating)

Last Trade

$31.16

Average Daily Volume

13,278

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFND	ROE
30 Days	4.13%	-0.30%
60 Days	-0.79%	2.09%
90 Days	11.58%	4.17%
12 Months	11.90%	30.45%

18 Overlapping Holdings

Symbol	Grade	Weight in DFND	Weight in ROE	Overlap
AAPL	C	0.94%	0.95%	0.94%
ACN	C	0.33%	1.02%	0.33%
AMAT	F	1.63%	0.93%	0.93%
CB	C	1.35%	0.93%	0.93%
CMCSA	B	1.15%	1.03%	1.03%
CSCO	B	1.49%	1.08%	1.08%
DHI	F	1.5%	0.84%	0.84%
DVN	F	-1.1%	0.91%	-1.1%
GWW	B	2.28%	1.14%	1.14%
ITW	B	1.7%	1.02%	1.02%
KLAC	F	2.56%	0.84%	0.84%
LMT	D	2.13%	0.96%	0.96%
MCHP	F	0.09%	0.87%	0.09%
MPWR	F	1.72%	0.69%	0.69%
MSFT	D	0.98%	0.94%	0.94%
MSI	A	1.89%	1.07%	1.07%
PHM	D	2.03%	0.9%	0.9%
V	A	2.65%	1.08%	1.08%

DFND Overweight 52 Positions Relative to ROE

Symbol	Grade	Weight
CTAS	B	2.68%
SNA	A	2.64%
VRSK	B	2.41%
PG	C	2.26%
NDSN	C	2.24%
SHW	B	2.22%
MCD	D	2.19%
BRO	B	2.17%
FDS	A	2.12%
MPC	C	2.03%
CMI	A	2.03%
MCO	D	1.81%
PPG	D	1.78%
MA	A	1.75%
ETN	B	1.75%
ROK	B	1.55%
ALLE	D	1.53%
AON	A	1.53%
J	D	1.46%
ADI	D	1.44%
HON	A	1.37%
HSY	F	1.33%
HUBB	B	1.33%
MSCI	A	1.29%
CBOE	C	1.24%
CME	A	1.24%
MMC	C	1.22%
LIN	D	1.21%
COST	B	1.21%
FAST	B	1.14%
LW	C	1.13%
AOS	F	1.11%
ALB	C	0.98%
GL	B	0.93%
AVGO	C	0.91%
ODFL	B	0.89%
MLM	B	0.84%
INTU	B	0.76%
BR	A	0.73%
PARA	D	-0.32%
APA	F	-0.79%
VFC	C	-1.12%
INTC	C	-1.12%
NWS	A	-1.97%
FCX	F	-1.98%
LUV	A	-1.99%
T	A	-2.18%
SW	A	-2.22%
IP	A	-2.32%
F	C	-2.36%
CNP	A	-2.57%
D	C	-3.01%

DFND Underweight 81 Positions Relative to ROE

Symbol	Grade	Weight
APP	A	-2.13%
SYF	B	-1.28%
APO	A	-1.28%
VST	A	-1.24%
MCK	A	-1.23%
CHTR	B	-1.19%
AMP	A	-1.18%
EME	B	-1.16%
NVDA	B	-1.16%
TMUS	A	-1.13%
LYV	A	-1.12%
ETR	A	-1.12%
PANW	B	-1.11%
ORCL	A	-1.1%
GEN	B	-1.09%
NFLX	A	-1.08%
GOOGL	B	-1.07%
RPM	A	-1.07%
APH	B	-1.07%
CAH	A	-1.06%
URI	B	-1.06%
COR	B	-1.06%
TROW	A	-1.05%
JBL	C	-1.05%
TRV	A	-1.05%
NRG	B	-1.03%
WRB	A	-1.03%
DOV	B	-1.03%
CTSH	B	-1.03%
SPG	A	-1.03%
MO	A	-1.02%
EOG	A	-1.01%
TXN	B	-1.01%
ANET	C	-1.0%
SYY	B	-1.0%
PM	A	-1.0%
CAT	B	-1.0%
ALL	A	-1.0%
META	C	-1.0%
CSL	C	-1.0%
DPZ	C	-1.0%
LOW	A	-1.0%
OMC	C	-0.99%
HD	A	-0.99%
AFL	C	-0.98%
YUM	D	-0.98%
PGR	B	-0.98%
TJX	A	-0.97%
RMD	C	-0.97%
THC	C	-0.97%
HIG	A	-0.97%
QCOM	F	-0.96%
NTAP	D	-0.96%
ON	F	-0.96%
TGT	C	-0.95%
VLO	C	-0.95%
IBM	D	-0.94%
ADBE	F	-0.93%
EG	D	-0.93%
NXPI	F	-0.93%
JNJ	D	-0.92%
EBAY	D	-0.92%
ROST	D	-0.91%
VICI	C	-0.91%
KMB	C	-0.91%
A	F	-0.9%
GEHC	D	-0.9%
SBAC	C	-0.89%
LRCX	F	-0.88%
ZTS	D	-0.88%
VZ	C	-0.88%
LLY	F	-0.87%
CL	C	-0.86%
SWKS	F	-0.86%
ABBV	F	-0.86%
MRK	F	-0.85%
CDW	F	-0.85%
WSM	D	-0.82%
TER	F	-0.8%
FSLR	F	-0.76%
CE	F	-0.58%