DFNV vs. XPND ETF Comparison

Comparison of TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) to First Trust Expanded Technology ETF (XPND)

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

XPND

First Trust Expanded Technology ETF

XPND Description

The investment seeks to provide long-term capital appreciation. The fund will invest at least 80% of its net assets in the common stocks of companies identified by it?s investment advisor as either information technology companies or consumer discretionary and communication services companies whose operations are principally derived from and/or dependent upon technology (such companies are collectively referred to herein as ?Expanded Technology Companies?). The fund?s investments will be concentrated (i.e., invest more than 25% of fund assets) in the industries or group of industries comprising the information technology sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.47

Average Daily Volume

2,788

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFNV	XPND
30 Days	8.99%	4.85%
60 Days	10.78%	6.75%
90 Days	13.77%	8.85%
12 Months	41.35%	36.30%

22 Overlapping Holdings

Symbol	Grade	Weight in DFNV	Weight in XPND	Overlap
AAPL	C	7.79%	4.09%	4.09%
ADBE	C	2.35%	3.79%	2.35%
ADSK	A	1.24%	1.15%	1.15%
ANET	C	1.58%	2.1%	1.58%
APP	B	2.69%	0.7%	0.7%
AVGO	D	4.14%	4.3%	4.14%
CRM	B	2.93%	5.38%	2.93%
CRWD	B	1.7%	1.46%	1.46%
EA	A	1.09%	0.25%	0.25%
GEN	B	0.68%	0.26%	0.26%
IBM	C	2.04%	3.34%	2.04%
INTU	C	2.3%	3.4%	2.3%
MANH	D	0.75%	0.24%	0.24%
MSI	B	1.52%	1.43%	1.43%
NOW	A	2.72%	3.71%	2.72%
NTAP	C	0.81%	0.22%	0.22%
PANW	C	1.96%	2.22%	1.96%
PTC	A	0.76%	0.24%	0.24%
PYPL	B	1.37%	1.52%	1.37%
QCOM	F	2.14%	3.17%	2.14%
SWKS	F	0.5%	0.18%	0.18%
WDAY	B	1.17%	1.24%	1.17%

DFNV Overweight 77 Positions Relative to XPND

Symbol	Grade	Weight
ABBV	D	2.59%
JNJ	D	2.45%
PLTR	B	2.33%
BMY	B	1.99%
GILD	C	1.91%
UBER	D	1.83%
SPOT	B	1.8%
AMGN	D	1.6%
FTNT	C	1.58%
DASH	A	1.53%
TEAM	A	1.38%
TTD	B	1.24%
MMM	D	1.24%
VRT	B	1.22%
SNOW	C	1.17%
DDOG	A	1.14%
VEEV	C	1.04%
RBLX	C	1.0%
ZS	C	0.98%
UI	A	0.97%
EXPE	B	0.83%
DOCU	A	0.81%
ZM	B	0.8%
MCHP	D	0.79%
NTNX	A	0.78%
RMD	C	0.77%
DUOL	A	0.72%
PINS	D	0.7%
PSTG	D	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%
SMAR	A	0.5%
SOLV	C	0.49%
CVLT	B	0.48%
DBX	B	0.48%
LYFT	C	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%
AMZN	C	0.2%
ACAD	D	0.2%
TDC	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 28 Positions Relative to XPND

Symbol	Grade	Weight
ORCL	B	-5.44%
NVDA	C	-5.05%
TMUS	B	-4.81%
V	A	-4.58%
META	D	-4.55%
MA	C	-4.42%
GOOGL	C	-4.41%
MSFT	F	-4.2%
TXN	C	-3.26%
AMAT	F	-2.66%
FI	A	-2.11%
LRCX	F	-1.69%
APH	A	-1.52%
KLAC	D	-1.5%
MRVL	B	-1.36%
CHTR	C	-0.98%
WMG	C	-0.27%
CPAY	A	-0.27%
FOXA	B	-0.26%
IT	C	-0.25%
TDY	B	-0.25%
HPE	B	-0.25%
TYL	B	-0.24%
OMC	C	-0.24%
BSY	D	-0.21%
TER	D	-0.18%
CDW	F	-0.18%
MPWR	F	-0.14%