DFND vs. XTL ETF Comparison

Comparison of Realty Shares DIVCON Dividend Defender ETF (DFND) to SPDR S&P Telecom ETF (XTL)

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

$38.72

Average Daily Volume

383

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XTL

SPDR S&P Telecom ETF

XTL Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the telecommunications segment of a U.S. total market composite index. In seeking to track the performance of the S&P Telecom Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the telecommunications industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$80.23

Average Daily Volume

4,905

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFND	XTL
30 Days	4.42%	5.52%
60 Days	-3.84%	11.51%
90 Days	-2.57%	16.50%
12 Months	7.13%	4.06%

3 Overlapping Holdings

Symbol	Grade	Weight in DFND	Weight in XTL	Overlap
CSCO	D	1.31%	4.51%	1.31%
MSI	B	1.57%	4.49%	1.57%
T	B	-1.98%	4.63%	-1.98%

DFND Overweight 67 Positions Relative to XTL

Symbol	Grade	Weight
KLAC	B	3.46%
MCHP	D	2.67%
MLM	D	2.52%
V	F	2.52%
MPC	F	2.51%
VRSK	B	2.51%
PG	D	2.4%
CTAS	B	2.27%
AMAT	C	2.24%
NDSN	D	2.13%
SNA	D	2.06%
MPWR	C	2.06%
FDS	D	2.01%
MCD	D	1.99%
PPG	D	1.93%
LMT	D	1.92%
BRO	B	1.89%
GWW	D	1.89%
SHW	C	1.86%
MCO	A	1.76%
PHM	C	1.75%
CMI	C	1.69%
ROK	C	1.65%
ETN	C	1.65%
MA	D	1.63%
ITW	D	1.61%
ADI	B	1.6%
J	C	1.51%
HSY	D	1.51%
HON	B	1.44%
ALLE	C	1.34%
CB	D	1.33%
DHI	C	1.32%
AOS	C	1.31%
AON	C	1.28%
MMC	A	1.26%
LW	F	1.25%
LIN	C	1.24%
COST	C	1.21%
MSFT	C	1.17%
CBOE	F	1.17%
CME	D	1.17%
MSCI	C	1.16%
HUBB	D	1.15%
CMCSA	F	1.08%
ALB	F	1.06%
AAPL	B	1.0%
FAST	D	0.93%
AVGO	B	0.93%
INTU	C	0.79%
ODFL	C	0.78%
GL	D	0.76%
BR	B	0.71%
ACN	D	0.31%
PARA	D	-0.36%
VFC	D	-0.76%
APA	D	-1.16%
INTC	D	-1.46%
DVN	D	-1.48%
NWS	A	-1.89%
IP	C	-1.92%
LUV	D	-1.95%
WRK	C	-2.29%
FCX	C	-2.35%
D	C	-2.79%
CNP	D	-2.79%
F	B	-3.02%

DFND Underweight 34 Positions Relative to XTL

Symbol	Grade	Weight
LITE	B	-5.02%
ANET	C	-4.86%
FYBR	B	-4.56%
VZ	B	-4.53%
CCOI	D	-4.52%
JNPR	B	-4.48%
FFIV	C	-4.45%
IRDM	F	-4.43%
TMUS	B	-4.43%
CIEN	F	-4.4%
CALX	D	-3.58%
EXTR	D	-3.45%
VSAT	F	-3.12%
INFN	B	-2.86%
HLIT	C	-2.42%
TDS	C	-2.25%
LUMN	F	-2.01%
VIAV	F	-1.87%
NTCT	F	-1.5%
UI	C	-1.42%
LILAK	A	-1.41%
NPAB	C	-1.37%
USM	B	-1.22%
GOGO	F	-1.18%
CLFD	C	-0.86%
BAND	D	-0.78%
DGII	F	-0.71%
AAOI	F	-0.71%
GSAT	D	-0.64%
ATEX	B	-0.6%
SHEN	D	-0.48%
NTGR	B	-0.44%
IDT	D	-0.39%
AVNW	F	-0.38%