DFNV vs. FELG ETF Comparison

Comparison of TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) to Fidelity Enhanced Large Cap Growth ETF (FELG)

DFNV

TrimTabs Donoghue Forlines Risk Managed Innovation ETF

DFNV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to U.S. publicly traded companies with strong free cash flow and strong research and development (R&D) investment

Grade (RS Rating)

Last Trade

$36.99

Average Daily Volume

20,580

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FELG

Fidelity Enhanced Large Cap Growth ETF

FELG Description

The fund will invest at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.54

Average Daily Volume

218,971

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFNV	FELG
30 Days	8.99%	3.26%
60 Days	10.78%	5.11%
90 Days	13.77%	6.08%
12 Months	41.35%	36.88%

22 Overlapping Holdings

Symbol	Grade	Weight in DFNV	Weight in FELG	Overlap
AAPL	C	7.79%	12.05%	7.79%
ABBV	D	2.59%	0.94%	0.94%
ADBE	C	2.35%	1.29%	1.29%
AMZN	C	0.2%	6.62%	0.2%
ANET	C	1.58%	0.83%	0.83%
APP	B	2.69%	0.31%	0.31%
AVGO	D	4.14%	3.11%	3.11%
BMY	B	1.99%	0.54%	0.54%
CRM	B	2.93%	0.59%	0.59%
DASH	A	1.53%	0.72%	0.72%
DBX	B	0.48%	0.43%	0.43%
FTNT	C	1.58%	0.65%	0.65%
GILD	C	1.91%	0.5%	0.5%
INTU	C	2.3%	0.11%	0.11%
LYFT	C	0.48%	0.51%	0.48%
MSI	B	1.52%	0.65%	0.65%
NOW	A	2.72%	0.51%	0.51%
QCOM	F	2.14%	1.12%	1.12%
TDC	D	0.2%	0.3%	0.2%
UBER	D	1.83%	0.98%	0.98%
WDAY	B	1.17%	0.71%	0.71%
ZM	B	0.8%	0.51%	0.51%

DFNV Overweight 77 Positions Relative to FELG

Symbol	Grade	Weight
JNJ	D	2.45%
PLTR	B	2.33%
IBM	C	2.04%
PANW	C	1.96%
SPOT	B	1.8%
CRWD	B	1.7%
AMGN	D	1.6%
TEAM	A	1.38%
PYPL	B	1.37%
TTD	B	1.24%
MMM	D	1.24%
ADSK	A	1.24%
VRT	B	1.22%
SNOW	C	1.17%
DDOG	A	1.14%
EA	A	1.09%
VEEV	C	1.04%
RBLX	C	1.0%
ZS	C	0.98%
UI	A	0.97%
EXPE	B	0.83%
NTAP	C	0.81%
DOCU	A	0.81%
MCHP	D	0.79%
NTNX	A	0.78%
RMD	C	0.77%
PTC	A	0.76%
MANH	D	0.75%
DUOL	A	0.72%
PINS	D	0.7%
PSTG	D	0.68%
GEN	B	0.68%
DT	C	0.66%
FFIV	B	0.6%
PCTY	B	0.59%
VRSN	F	0.57%
PEGA	A	0.54%
NBIX	C	0.53%
JKHY	D	0.51%
GNRC	B	0.5%
SWKS	F	0.5%
SMAR	A	0.5%
SOLV	C	0.49%
CVLT	B	0.48%
HAS	D	0.44%
JAZZ	B	0.44%
ETSY	D	0.42%
NYT	C	0.4%
PATH	C	0.4%
MTCH	D	0.4%
ALTR	B	0.4%
QLYS	C	0.39%
HALO	F	0.38%
TENB	C	0.36%
PI	D	0.36%
BOX	B	0.36%
MAT	D	0.36%
CWAN	B	0.33%
CRUS	D	0.32%
ENPH	F	0.3%
ALKS	B	0.3%
QRVO	F	0.29%
BL	B	0.28%
IGT	F	0.25%
ZETA	D	0.24%
VERX	B	0.23%
RNG	B	0.22%
PLTK	B	0.22%
PRGS	A	0.21%
ALRM	C	0.21%
ACAD	D	0.2%
RPD	C	0.19%
YELP	C	0.18%
FLNC	C	0.18%
YOU	D	0.17%
PTGX	C	0.17%
CMPR	D	0.15%

DFNV Underweight 57 Positions Relative to FELG

Symbol	Grade	Weight
NVDA	C	-11.91%
MSFT	F	-10.23%
META	D	-4.74%
GOOGL	C	-3.57%
TSLA	B	-3.47%
GOOG	C	-2.52%
MA	C	-2.02%
NFLX	A	-1.81%
LLY	F	-1.54%
MRK	F	-1.35%
V	A	-1.2%
BKNG	A	-1.1%
AMAT	F	-0.94%
COST	B	-0.91%
LRCX	F	-0.82%
KLAC	D	-0.79%
CMG	B	-0.77%
TJX	A	-0.77%
UNP	C	-0.74%
ECL	D	-0.7%
SQ	B	-0.66%
CTAS	B	-0.66%
TT	A	-0.63%
LMT	D	-0.62%
HD	A	-0.62%
SCHW	B	-0.59%
EXEL	B	-0.57%
SPG	B	-0.56%
HWM	A	-0.55%
GRMN	B	-0.54%
ANF	C	-0.52%
TMUS	B	-0.5%
NTRA	B	-0.5%
INCY	C	-0.5%
NOC	D	-0.49%
ORCL	B	-0.46%
BBWI	D	-0.45%
MPWR	F	-0.4%
IDXX	F	-0.39%
ALLE	D	-0.33%
AXON	A	-0.32%
CAT	B	-0.32%
TW	A	-0.31%
MSCI	C	-0.26%
NU	C	-0.19%
CLX	B	-0.18%
PEP	F	-0.15%
SCCO	F	-0.14%
WMT	A	-0.13%
MEDP	D	-0.12%
BAH	F	-0.11%
ISRG	A	-0.1%
ZBRA	B	-0.09%
CVNA	B	-0.07%
MORN	B	-0.07%
TPL	A	-0.03%
AMD	F	-0.01%