DFNV vs. SPHB ETF Comparison

Comparison of TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) to PowerShares S&P 500 High Beta Portfolio (SPHB)

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

$33.74

Average Daily Volume

20,154

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund 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 and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$89.17

Average Daily Volume

401,273

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFNV	SPHB
30 Days	6.04%	8.85%
60 Days	14.84%	14.28%
90 Days	4.85%	4.86%
12 Months	36.12%	31.48%

19 Overlapping Holdings

Symbol	Grade	Weight in DFNV	Weight in SPHB	Overlap
ADBE	F	2.49%	0.78%	0.78%
ADSK	B	1.16%	0.93%	0.93%
AMZN	C	0.2%	0.98%	0.2%
ANET	A	1.71%	1.35%	1.35%
AVGO	B	4.58%	1.62%	1.62%
CRM	B	2.57%	0.91%	0.91%
CRWD	D	1.54%	1.3%	1.3%
ENPH	F	0.61%	1.22%	0.61%
GNRC	B	0.42%	1.11%	0.42%
INTU	F	2.27%	0.83%	0.83%
MCHP	F	0.98%	1.13%	0.98%
NOW	B	2.54%	0.94%	0.94%
PANW	B	1.8%	0.88%	0.88%
PYPL	A	1.33%	0.99%	0.99%
QCOM	D	2.45%	1.12%	1.12%
QRVO	F	0.5%	0.88%	0.5%
RMD	C	0.86%	0.79%	0.79%
SWKS	F	0.63%	0.9%	0.63%
UBER	C	2.17%	1.01%	1.01%

DFNV Overweight 79 Positions Relative to SPHB

Symbol	Grade	Weight
AAPL	C	8.56%
ABBV	C	3.17%
JNJ	D	2.8%
IBM	A	2.35%
GILD	A	1.86%
BMY	A	1.86%
AMGN	D	1.83%
SPOT	C	1.62%
PLTR	A	1.56%
MSI	A	1.51%
MMM	C	1.41%
DASH	A	1.37%
FTNT	A	1.35%
APP	A	1.35%
TTD	A	1.18%
WDAY	D	1.13%
DDOG	B	1.12%
SNOW	F	1.1%
VRT	B	1.08%
EA	D	1.03%
VEEV	C	0.99%
RBLX	D	0.98%
TEAM	D	0.96%
NTAP	D	0.9%
ZS	F	0.87%
PINS	D	0.82%
MANH	A	0.8%
PTC	B	0.75%
PSTG	F	0.75%
NTNX	C	0.73%
EXPE	B	0.73%
DUOL	B	0.71%
ZM	B	0.7%
DT	B	0.7%
UI	B	0.68%
DOCU	A	0.65%
VRSN	C	0.62%
FFIV	B	0.58%
JKHY	A	0.54%
HAS	A	0.54%
SMAR	A	0.54%
SOLV	C	0.53%
MTCH	B	0.53%
NBIX	F	0.53%
PCTY	C	0.49%
PEGA	B	0.48%
ETSY	F	0.47%
DBX	C	0.46%
NYT	C	0.45%
CVLT	B	0.45%
PI	A	0.45%
ZETA	B	0.44%
PATH	D	0.41%
JAZZ	F	0.41%
CRUS	D	0.41%
LYFT	D	0.4%
ALTR	B	0.4%
HALO	D	0.4%
MAT	B	0.39%
TENB	D	0.37%
BOX	C	0.37%
QLYS	F	0.35%
CWAN	B	0.31%
ALKS	B	0.3%
IGT	F	0.28%
BL	D	0.24%
PLTK	C	0.23%
FLNC	C	0.22%
TDC	D	0.22%
YOU	C	0.22%
ALRM	F	0.21%
PRGS	A	0.21%
PTGX	C	0.2%
ACAD	F	0.19%
RNG	F	0.19%
YELP	D	0.18%
VERX	B	0.18%
RPD	D	0.17%
CMPR	F	0.16%

DFNV Underweight 79 Positions Relative to SPHB

Symbol	Grade	Weight
AMD	C	-1.82%
SMCI	F	-1.8%
MPWR	B	-1.79%
NVDA	B	-1.75%
TSLA	C	-1.56%
TER	C	-1.51%
BLDR	C	-1.45%
ALB	D	-1.4%
LRCX	D	-1.37%
AMAT	C	-1.36%
KLAC	B	-1.35%
MU	D	-1.33%
CZR	B	-1.31%
NCLH	C	-1.28%
CCL	C	-1.25%
ON	F	-1.25%
META	A	-1.18%
URI	C	-1.18%
WDC	C	-1.15%
VST	A	-1.15%
ALGN	D	-1.15%
CEG	A	-1.14%
FSLR	C	-1.08%
JBL	C	-1.07%
NXPI	F	-1.06%
CDNS	D	-1.06%
PWR	A	-1.05%
ORCL	A	-1.04%
SNPS	F	-1.04%
BX	C	-1.03%
BXP	B	-1.01%
UAL	A	-1.01%
CARR	A	-1.01%
KKR	A	-1.01%
ABNB	D	-0.98%
ETN	B	-0.98%
FCX	B	-0.97%
RCL	B	-0.97%
HUBB	A	-0.94%
KEYS	B	-0.94%
INTC	D	-0.94%
PODD	C	-0.92%
ADI	B	-0.92%
ZBRA	B	-0.91%
PHM	C	-0.91%
PH	A	-0.89%
DAY	C	-0.88%
AES	C	-0.85%
MHK	C	-0.84%
BKNG	B	-0.84%
ARE	D	-0.83%
IDXX	D	-0.82%
LEN	C	-0.81%
FICO	C	-0.81%
DHI	C	-0.81%
LW	D	-0.81%
DECK	B	-0.81%
ROK	D	-0.81%
IVZ	A	-0.8%
ISRG	C	-0.8%
GE	B	-0.8%
EFX	D	-0.8%
KEY	B	-0.79%
ANSS	D	-0.79%
GOOG	B	-0.78%
KMX	F	-0.78%
APTV	D	-0.77%
TXN	C	-0.77%
CRL	F	-0.77%
LULU	D	-0.77%
APH	D	-0.76%
MGM	D	-0.76%
TROW	D	-0.74%
WBD	F	-0.73%
IQV	F	-0.72%
BBWI	F	-0.72%
CPRT	B	-0.71%
MLM	F	-0.67%
EPAM	F	-0.65%