DFND vs. XSLV ETF Comparison

Comparison of Realty Shares DIVCON Dividend Defender ETF (DFND) to PowerShares S&P SmallCap Low Volatility Portfolio (XSLV)

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

$38.58

Average Daily Volume

345

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSLV

PowerShares S&P SmallCap Low Volatility Portfolio

XSLV Description

The PowerShares S&P SmallCap Low Volatility Portfolio (Fund) is based on the S&P SmallCap 600 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 120 out of 600 small-capitalization range securities from the S&P SmallCap 600 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$43.41

Average Daily Volume

24,033

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

Performance

Period	DFND	XSLV
30 Days	-1.94%	-0.38%
60 Days	-3.53%	-0.05%
90 Days	-8.01%	1.33%
12 Months	8.06%	12.70%

0 Overlapping Holdings

	Symbol	Grade	Weight in DFND	Weight in XSLV	Overlap

DFND Overweight 70 Positions Relative to XSLV

Symbol	Grade	Weight
KLAC	B	3.31%
MLM	D	2.55%
MCHP	C	2.55%
V	C	2.5%
MPC	D	2.49%
VRSK	A	2.49%
PG	C	2.45%
CTAS	A	2.3%
NDSN	D	2.16%
AMAT	B	2.15%
SNA	F	2.08%
MCD	F	2.06%
FDS	C	2.01%
MPWR	B	1.99%
PPG	D	1.93%
LMT	C	1.92%
BRO	B	1.89%
GWW	C	1.87%
SHW	D	1.86%
PHM	D	1.83%
MCO	A	1.74%
CMI	D	1.74%
ROK	D	1.66%
ETN	C	1.63%
ITW	D	1.62%
MA	C	1.61%
MSI	B	1.58%
ADI	B	1.58%
J	D	1.52%
HSY	F	1.51%
HON	B	1.46%
DHI	D	1.37%
CB	C	1.37%
ALLE	D	1.35%
AOS	D	1.33%
CSCO	D	1.32%
LW	F	1.27%
AON	C	1.27%
LIN	C	1.26%
MMC	B	1.25%
COST	A	1.19%
CBOE	D	1.17%
CME	D	1.17%
HUBB	C	1.15%
MSFT	A	1.15%
MSCI	C	1.15%
CMCSA	F	1.09%
ALB	F	1.02%
AAPL	A	0.97%
FAST	D	0.94%
AVGO	B	0.86%
INTU	A	0.78%
GL	D	0.76%
ODFL	C	0.75%
BR	B	0.71%
ACN	D	0.31%
PARA	C	-0.33%
VFC	D	-0.81%
APA	F	-1.14%
INTC	C	-1.43%
DVN	D	-1.45%
NWS	B	-1.9%
IP	C	-1.91%
LUV	D	-1.94%
T	B	-1.99%
FCX	C	-2.25%
WRK	C	-2.29%
D	C	-2.82%
CNP	B	-2.84%
F	B	-2.87%

DFND Underweight 113 Positions Relative to XSLV

Symbol	Grade	Weight
LTC	A	-1.16%
EIG	C	-1.1%
CTRE	A	-1.09%
ENSG	B	-1.08%
BRC	B	-1.06%
FCPT	B	-1.06%
MCRI	D	-1.04%
TR	C	-1.04%
EPRT	A	-1.04%
NSIT	C	-1.02%
PRGS	B	-1.02%
GTY	D	-1.0%
PBH	C	-0.98%
PECO	C	-0.98%
INVA	B	-0.98%
NHC	A	-0.97%
JJSF	B	-0.97%
ALEX	B	-0.95%
AWR	D	-0.95%
IOSP	D	-0.94%
SAFT	D	-0.94%
NMIH	B	-0.94%
AMSF	F	-0.93%
KFY	B	-0.93%
RDN	B	-0.93%
UNF	B	-0.93%
NABL	B	-0.93%
EFC	B	-0.93%
BCPC	A	-0.92%
EPC	B	-0.92%
SHO	C	-0.92%
LXP	B	-0.92%
VRRM	B	-0.92%
UTL	D	-0.91%
APLE	D	-0.91%
SITC	B	-0.9%
WSR	B	-0.9%
UE	B	-0.9%
SJW	D	-0.9%
AGO	D	-0.9%
FELE	D	-0.89%
NPK	D	-0.88%
MRTN	C	-0.88%
AVA	D	-0.87%
CNXN	D	-0.87%
FIZZ	B	-0.87%
CPK	C	-0.87%
PJT	A	-0.86%
MTX	C	-0.86%
COOP	D	-0.86%
HTLD	C	-0.86%
CHCO	C	-0.86%
MSGS	B	-0.85%
FUL	D	-0.85%
AKR	A	-0.85%
PSMT	D	-0.84%
SKT	D	-0.84%
CWT	C	-0.84%
FSS	D	-0.84%
HSTM	C	-0.84%
ROIC	C	-0.83%
SHOO	C	-0.83%
AWI	D	-0.83%
HUBG	C	-0.83%
PIPR	A	-0.83%
ESE	D	-0.83%
UHT	C	-0.82%
PLXS	D	-0.82%
BFS	C	-0.82%
AHH	B	-0.82%
HMN	D	-0.82%
IDCC	A	-0.82%
AL	C	-0.82%
ADUS	B	-0.81%
TNC	D	-0.81%
DRH	D	-0.8%
CHCT	F	-0.8%
NWN	F	-0.8%
RGR	F	-0.8%
BHE	D	-0.79%
CALM	B	-0.79%
OSIS	C	-0.79%
AIN	D	-0.78%
JBSS	D	-0.78%
APOG	D	-0.78%
BOX	D	-0.78%
ACA	D	-0.78%
UVV	D	-0.77%
CRVL	B	-0.77%
EPAC	B	-0.76%
AIR	B	-0.76%
CSR	B	-0.76%
SXT	C	-0.76%
NWBI	C	-0.76%
HNI	C	-0.75%
EVTC	F	-0.75%
DFIN	D	-0.75%
SPTN	F	-0.74%
BSIG	C	-0.74%
MGY	B	-0.73%
HTH	D	-0.73%
STC	D	-0.73%
WABC	D	-0.72%
SCL	D	-0.72%
RUSHA	F	-0.71%
FDP	F	-0.71%
MGEE	D	-0.71%
GMS	D	-0.7%
KAR	C	-0.7%
NAVI	F	-0.7%
KELYA	D	-0.68%
SMP	F	-0.63%
MYE	F	-0.59%