DFNV vs. FNY ETF Comparison

Comparison of TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) to First Trust Mid Cap Growth AlphaDEX (FNY)

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

$32.59

Average Daily Volume

2,640

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNY

First Trust Mid Cap Growth AlphaDEX

FNY Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Mid Cap Growth Index (the "index"). The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P MidCap 400(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$77.64

Average Daily Volume

15,910

Number of Holdings ^*

216

* may have additional holdings in another (foreign) market

Performance

Period	DFNV	FNY
30 Days	3.86%	2.76%
60 Days	4.23%	3.00%
90 Days	4.06%	6.08%
12 Months	28.57%	23.98%

16 Overlapping Holdings

Symbol	Grade	Weight in DFNV	Weight in FNY	Overlap
ALKS	C	0.31%	0.34%	0.31%
ALTR	D	0.38%	0.38%	0.38%
APP	B	1.05%	0.76%	0.76%
BOX	A	0.39%	0.18%	0.18%
CVLT	B	0.45%	0.7%	0.45%
DOCU	C	0.62%	0.15%	0.15%
DUOL	C	0.57%	0.43%	0.43%
FFIV	A	0.55%	0.33%	0.33%
HALO	B	0.44%	0.85%	0.44%
HAS	B	0.53%	0.5%	0.5%
JKHY	A	0.57%	0.15%	0.15%
LYFT	D	0.37%	0.23%	0.23%
NYT	C	0.44%	0.61%	0.44%
PEGA	C	0.45%	0.65%	0.45%
SMAR	B	0.52%	0.46%	0.46%
TENB	D	0.37%	0.13%	0.13%

DFNV Overweight 82 Positions Relative to FNY

Symbol	Grade	Weight
AAPL	D	8.73%
AVGO	C	4.29%
ABBV	B	3.35%
JNJ	B	2.98%
ADBE	D	2.9%
NOW	B	2.6%
QCOM	D	2.52%
CRM	D	2.43%
INTU	C	2.39%
IBM	A	2.31%
UBER	C	2.05%
AMGN	B	2.0%
GILD	B	1.9%
BMY	C	1.88%
PANW	C	1.88%
ANET	C	1.57%
PLTR	B	1.52%
MSI	B	1.51%
SPOT	C	1.47%
CRWD	D	1.41%
FTNT	B	1.4%
MMM	A	1.39%
DASH	C	1.28%
PYPL	B	1.24%
WDAY	D	1.23%
ADSK	B	1.16%
VEEV	C	1.13%
SNOW	F	1.13%
TTD	B	1.12%
DDOG	D	1.1%
EA	C	1.09%
MCHP	D	1.04%
TEAM	D	1.02%
RBLX	B	0.96%
RMD	B	0.94%
VRT	C	0.91%
NTAP	D	0.89%
ZS	F	0.85%
MANH	A	0.78%
PINS	F	0.77%
PSTG	D	0.74%
NTNX	C	0.74%
PTC	D	0.74%
ZM	C	0.72%
DT	C	0.7%
SWKS	F	0.69%
EXPE	C	0.68%
UI	B	0.65%
VRSN	D	0.64%
ENPH	D	0.62%
NBIX	D	0.59%
QRVO	F	0.55%
SOLV	C	0.55%
MTCH	C	0.53%
CRUS	D	0.49%
PCTY	D	0.49%
DBX	D	0.47%
ETSY	F	0.46%
GNRC	D	0.42%
PATH	D	0.41%
ZETA	B	0.41%
JAZZ	D	0.41%
MAT	C	0.4%
PI	B	0.4%
QLYS	F	0.37%
CWAN	B	0.3%
IGT	D	0.29%
BL	D	0.25%
TDC	F	0.22%
ALRM	F	0.22%
FLNC	C	0.22%
PLTK	D	0.22%
PTGX	B	0.21%
ACAD	F	0.21%
YOU	B	0.21%
AMZN	C	0.2%
PRGS	B	0.2%
RNG	D	0.19%
YELP	F	0.18%
VERX	D	0.18%
RPD	F	0.17%
CMPR	F	0.16%

DFNV Underweight 200 Positions Relative to FNY

Symbol	Grade	Weight
COKE	C	-0.9%
ENSG	A	-0.87%
HRB	C	-0.85%
SFM	B	-0.84%
ALSN	B	-0.84%
POST	C	-0.82%
TTEK	B	-0.82%
PSN	B	-0.82%
MOG.A	B	-0.81%
INSM	D	-0.81%
CVNA	B	-0.81%
ITGR	B	-0.8%
CW	B	-0.8%
DVA	A	-0.79%
ATI	D	-0.78%
MUSA	B	-0.78%
AVAV	D	-0.77%
FRPT	B	-0.77%
LNTH	C	-0.76%
MOD	C	-0.76%
BCO	B	-0.75%
NTRA	B	-0.75%
CLH	B	-0.75%
IBKR	B	-0.74%
LNW	B	-0.74%
FIX	B	-0.74%
BFAM	B	-0.73%
SFBS	B	-0.72%
TOL	B	-0.7%
H	D	-0.7%
EME	A	-0.7%
TXRH	D	-0.7%
CASY	C	-0.67%
WWD	D	-0.67%
TOST	C	-0.67%
WING	B	-0.65%
OLLI	C	-0.65%
GKOS	D	-0.64%
RYAN	C	-0.64%
KD	D	-0.64%
TKO	B	-0.63%
AWI	C	-0.63%
TPL	C	-0.63%
KTB	A	-0.63%
PRI	B	-0.63%
CBT	B	-0.63%
TW	A	-0.63%
ATR	A	-0.62%
XPO	D	-0.62%
HOOD	C	-0.61%
MEDP	D	-0.61%
ARMK	B	-0.61%
SRPT	F	-0.61%
GWRE	A	-0.61%
KNF	B	-0.61%
FCN	C	-0.6%
BWXT	D	-0.6%
BMI	A	-0.6%
FSS	D	-0.6%
AAON	A	-0.59%
AIT	C	-0.59%
ITT	C	-0.59%
LOPE	D	-0.59%
RL	B	-0.57%
CHDN	B	-0.57%
AM	B	-0.56%
WFRD	D	-0.56%
ANF	D	-0.56%
HQY	C	-0.55%
WSM	C	-0.54%
CRVL	B	-0.53%
APPF	D	-0.53%
MTSI	D	-0.52%
HLNE	B	-0.52%
INGR	B	-0.51%
HCC	D	-0.51%
APG	D	-0.51%
AXSM	C	-0.51%
VRNS	C	-0.5%
OHI	B	-0.5%
EPRT	A	-0.5%
EXEL	A	-0.49%
ONTO	D	-0.49%
BPMC	F	-0.49%
EXLS	B	-0.49%
MKSI	F	-0.48%
TDW	F	-0.48%
MMSI	A	-0.48%
ELF	F	-0.47%
RVMD	C	-0.47%
RLI	B	-0.47%
CFR	C	-0.47%
MORN	C	-0.46%
CWST	A	-0.46%
GOLF	D	-0.46%
IRT	A	-0.46%
PLNT	B	-0.46%
AXTA	C	-0.45%
STWD	B	-0.45%
KAI	C	-0.45%
LAMR	A	-0.45%
FOUR	C	-0.45%
EEFT	F	-0.44%
GATX	C	-0.44%
IBP	C	-0.44%
ESAB	C	-0.44%
DCI	D	-0.43%
VRRM	D	-0.43%
IONS	F	-0.43%
ACA	C	-0.43%
BRBR	C	-0.42%
NCLH	C	-0.4%
MSA	D	-0.4%
OWL	C	-0.4%
ACLS	F	-0.4%
GNTX	F	-0.39%
OLED	C	-0.38%
AFRM	C	-0.38%
ESTC	F	-0.37%
WYNN	D	-0.37%
PR	D	-0.36%
ADC	B	-0.35%
CNM	F	-0.35%
KNSL	C	-0.35%
SOFI	C	-0.33%
IOT	B	-0.33%
CPT	B	-0.33%
S	C	-0.32%
GPK	A	-0.32%
PFGC	B	-0.32%
EXP	A	-0.32%
EXPO	B	-0.32%
BCPC	C	-0.32%
ITCI	D	-0.31%
BLKB	B	-0.31%
UDR	B	-0.31%
MSGS	B	-0.31%
HRI	D	-0.3%
ZWS	B	-0.3%
CHH	C	-0.3%
TNET	D	-0.29%
MAC	B	-0.29%
ORA	C	-0.29%
BLD	D	-0.28%
AOS	D	-0.28%
AZEK	C	-0.28%
WMS	D	-0.26%
AEIS	D	-0.26%
FIZZ	F	-0.26%
SMPL	D	-0.26%
HAE	D	-0.26%
MSTR	D	-0.26%
WMG	D	-0.26%
SAM	F	-0.26%
OTTR	D	-0.26%
VNT	D	-0.25%
EVH	C	-0.23%
INFA	D	-0.23%
MARA	F	-0.22%
AMR	F	-0.22%
SHC	B	-0.19%
CFLT	F	-0.19%
CCOI	C	-0.18%
IRTC	F	-0.18%
KRG	B	-0.17%
ALLE	A	-0.17%
REG	B	-0.17%
OPCH	C	-0.17%
BRX	B	-0.17%
CNS	A	-0.17%
WDFC	C	-0.17%
CHE	C	-0.16%
EGP	B	-0.16%
RGLD	B	-0.16%
NNN	B	-0.16%
DOC	B	-0.16%
CELH	F	-0.16%
CUBE	A	-0.16%
EPR	B	-0.16%
YETI	D	-0.15%
FELE	D	-0.15%
SSD	C	-0.15%
WTS	C	-0.15%
RBC	D	-0.15%
WEX	C	-0.15%
IPAR	D	-0.15%
TPX	C	-0.15%
NEU	C	-0.15%
NCNO	F	-0.14%
AES	C	-0.14%
HXL	F	-0.14%
WSC	D	-0.14%
WEN	C	-0.14%
TECH	D	-0.14%
RHP	D	-0.14%
SAIA	D	-0.13%
ALGM	D	-0.12%
CIVI	F	-0.12%
PGNY	F	-0.12%
PCOR	D	-0.12%