DFNL vs. BRNY ETF Comparison

Comparison of Davis Select Financial ETF (DFNL) to Burney U.S. Factor Rotation ETF (BRNY)

DFNL

Davis Select Financial ETF

DFNL Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in securities issued by companies principally engaged in the financial services sector. The fund's portfolio, generally, contains between 15 and 35 companies. It invests, principally, in common stocks. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.05

Average Daily Volume

7,745

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BRNY

Burney U.S. Factor Rotation ETF

BRNY Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks long term growth of capital. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets plus the amount of any borrowings for investment purposes in U.S. listed common stock. The fund will invest its assets in common stocks of large, mid, and small-capitalization companies.

Grade (RS Rating)

Last Trade

$39.74

Average Daily Volume

18,516

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFNL	BRNY
30 Days	1.32%	5.73%
60 Days	11.51%	13.17%
90 Days	11.19%	7.30%
12 Months	41.98%	42.66%

0 Overlapping Holdings

	Symbol	Grade	Weight in DFNL	Weight in BRNY	Overlap

DFNL Overweight 21 Positions Relative to BRNY

Symbol	Grade	Weight
COF	A	8.53%
BRK.A	B	7.29%
JPM	C	6.05%
CB	A	5.71%
BK	A	5.59%
FITB	C	5.37%
MKL	B	5.34%
WFC	B	4.86%
USB	C	4.78%
PNC	C	4.69%
AXP	A	4.0%
RKT	D	3.32%
L	C	3.14%
TFC	D	2.73%
RNR	A	2.43%
BAC	B	2.33%
NTB	D	1.67%
MTB	A	1.54%
STT	A	1.47%
EG	A	1.06%
SCHW	D	1.05%

DFNL Underweight 10 Positions Relative to BRNY

Symbol	Grade	Weight
FTNT	A	-6.02%
META	A	-5.33%
GOOGL	B	-4.92%
NVDA	B	-4.76%
TXRH	A	-4.69%
WAB	A	-4.44%
OC	C	-4.4%
PHM	C	-3.64%
TROW	D	-3.54%
AAPL	C	-3.01%