DFND vs. ULVM ETF Comparison

Comparison of Realty Shares DIVCON Dividend Defender ETF (DFND) to VictoryShares USAA MSCI USA Value Momentum ETF (ULVM)

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

$42.88

Average Daily Volume

851

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ULVM

VictoryShares USAA MSCI USA Value Momentum ETF

ULVM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI USA Select Value Momentum Blend Index. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is designed to deliver exposure to equity securities of large- and mid-capitalization U.S. issuers within the MSCI USA Index (the parent index) that have higher exposure to value and momentum factors, while also maintaining moderate index turnover and lower realized volatility than traditional capitalization-weighted indexes.

Grade (RS Rating)

Last Trade

$86.63

Average Daily Volume

2,586

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	DFND	ULVM
30 Days	-1.19%	6.04%
60 Days	2.16%	7.87%
90 Days	12.82%	10.00%
12 Months	12.95%	37.10%

11 Overlapping Holdings

Symbol	Grade	Weight in DFND	Weight in ULVM	Overlap
AVGO	D	0.86%	0.41%	0.41%
COST	B	1.2%	0.95%	0.95%
DHI	D	1.47%	0.47%	0.47%
F	C	-2.41%	0.46%	-2.41%
INTC	D	-1.08%	0.39%	-1.08%
IP	B	-2.32%	0.75%	-2.32%
LMT	D	2.05%	1.19%	1.19%
MLM	B	0.8%	0.89%	0.8%
MPC	D	2.11%	0.58%	0.58%
PHM	D	2.0%	0.58%	0.58%
T	A	-2.19%	1.09%	-2.19%

DFND Overweight 59 Positions Relative to ULVM

Symbol	Grade	Weight
V	A	2.68%
SNA	A	2.66%
CTAS	B	2.6%
VRSK	A	2.44%
KLAC	D	2.42%
PG	A	2.27%
GWW	B	2.25%
SHW	A	2.25%
FDS	B	2.22%
NDSN	B	2.22%
MCD	D	2.2%
BRO	B	2.13%
CMI	A	2.09%
MSI	B	1.86%
MCO	B	1.85%
PPG	F	1.77%
MA	C	1.75%
ETN	A	1.74%
ITW	B	1.71%
ROK	B	1.65%
AMAT	F	1.59%
AON	A	1.52%
ALLE	D	1.51%
CSCO	B	1.5%
HON	B	1.45%
J	F	1.42%
CB	C	1.39%
ADI	D	1.37%
HSY	F	1.36%
MSCI	C	1.33%
MPWR	F	1.31%
HUBB	B	1.27%
CBOE	B	1.26%
CME	A	1.24%
MMC	B	1.21%
LIN	D	1.2%
CMCSA	B	1.15%
FAST	B	1.13%
LW	C	1.13%
AOS	F	1.09%
ALB	C	1.01%
MSFT	F	1.0%
AAPL	C	0.95%
GL	B	0.93%
ODFL	B	0.88%
INTU	C	0.78%
BR	A	0.75%
ACN	C	0.34%
MCHP	D	0.08%
PARA	C	-0.33%
APA	D	-0.82%
VFC	C	-1.1%
DVN	F	-1.12%
FCX	D	-1.86%
NWS	B	-1.96%
LUV	C	-2.05%
SW	A	-2.15%
CNP	B	-2.56%
D	C	-2.96%

DFND Underweight 114 Positions Relative to ULVM

Symbol	Grade	Weight
KMI	A	-1.47%
FI	A	-1.39%
BRK.A	B	-1.38%
L	A	-1.3%
TRGP	B	-1.28%
ETR	B	-1.27%
WELL	A	-1.22%
PEG	A	-1.22%
BK	A	-1.22%
WMT	A	-1.2%
BSX	B	-1.2%
DUK	C	-1.18%
PKG	A	-1.16%
GD	F	-1.11%
APP	B	-1.08%
LDOS	C	-1.07%
WAB	B	-1.03%
JPM	A	-1.03%
RTX	C	-1.02%
SSNC	B	-1.01%
GDDY	A	-1.0%
HIG	B	-1.0%
FOXA	B	-0.99%
AVB	B	-0.98%
MCK	B	-0.96%
GS	A	-0.96%
KR	B	-0.96%
DGX	A	-0.94%
WFC	A	-0.94%
CTSH	B	-0.93%
COF	B	-0.92%
BAC	A	-0.92%
AIG	B	-0.91%
UAL	A	-0.91%
NWSA	B	-0.9%
EQH	B	-0.9%
VZ	C	-0.9%
VICI	C	-0.9%
AXP	A	-0.9%
DAL	C	-0.89%
TSN	B	-0.88%
ESS	B	-0.87%
CI	F	-0.87%
EXC	C	-0.86%
IBM	C	-0.86%
SPG	B	-0.86%
LYB	F	-0.85%
KIM	A	-0.85%
RGA	A	-0.85%
MSTR	C	-0.84%
GRMN	B	-0.82%
SYF	B	-0.82%
C	A	-0.82%
WY	D	-0.82%
IR	B	-0.81%
STLD	B	-0.81%
EME	C	-0.81%
APH	A	-0.8%
KHC	F	-0.8%
DOW	F	-0.8%
IRM	D	-0.78%
FITB	A	-0.76%
CBRE	B	-0.76%
NVR	D	-0.75%
TFC	A	-0.74%
TXT	D	-0.74%
GOOGL	C	-0.74%
VTRS	A	-0.73%
CSL	C	-0.73%
FCNCA	A	-0.72%
CASY	A	-0.72%
KKR	A	-0.72%
GM	B	-0.72%
PSX	C	-0.71%
OC	A	-0.71%
ELV	F	-0.69%
FANG	D	-0.69%
REGN	F	-0.68%
DD	D	-0.67%
CRBG	B	-0.67%
VST	B	-0.67%
HCA	F	-0.67%
CFG	B	-0.66%
GE	D	-0.66%
HWM	A	-0.66%
PFE	D	-0.65%
UTHR	C	-0.64%
VLO	C	-0.62%
KEY	B	-0.62%
HPQ	B	-0.6%
FDX	B	-0.59%
NTAP	C	-0.59%
CVS	D	-0.58%
HPE	B	-0.58%
VRT	B	-0.56%
URI	B	-0.55%
ARE	D	-0.55%
CNC	D	-0.54%
LEN	D	-0.54%
TOL	B	-0.53%
THC	D	-0.52%
WSM	B	-0.52%
META	D	-0.51%
LLY	F	-0.49%
ALLY	C	-0.48%
WDC	D	-0.46%
ADM	D	-0.44%
NVDA	C	-0.42%
MU	D	-0.4%
BLDR	D	-0.4%
CVNA	B	-0.38%
SWKS	F	-0.38%
DELL	C	-0.34%
MRNA	F	-0.14%