HDRO vs. MOO ETF Comparison

Comparison of Defiance Next Gen H2 ETF (HDRO) to Market Vectors Agribusiness ETF (MOO)

HDRO

Defiance Next Gen H2 ETF

HDRO Description

ETF Series Solutions - Defiance Next Gen H2 ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Defiance ETFs, LLC and Penserra Capital Management, LLC. It invests in the public equity markets of global region. The fund invests in stocks of companies operating across materials, chemicals, industrial gases, utilities, alternative energy resources, fuel cells, independent power and renewable electricity producers, renewable electricity, development of hydrogen-based energy source sectors. It invests in growth and value stocks of companies operating across diversified market capitalization. The fund seeks to track the performance of the BlueStar Global Hydrogen & NextGen Fuel Cell Index, by using full replication technique. ETF Series Solutions - Defiance Next Gen H2 ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$5.15

Average Daily Volume

38,649

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

MOO

Market Vectors Agribusiness ETF

MOO Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® Global Agribusiness Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Agribusiness Index is comprised of equity securities of companies that generate at least 50% of their revenues from: (i) agri-chemicals and fertilizers, seeds and traits, (ii) farm/irrigation equipment and farm machinery and/or (iii) agricultural products, aquaculture and fishing, livestocks, plantations and trading of agricultural products. It is non-diversified.

Grade (RS Rating)

Last Trade

$69.63

Average Daily Volume

53,676

Number of Holdings ^*

18

* may have additional holdings in another (foreign) market

Performance

Period	HDRO	MOO
30 Days	-14.45%	-3.02%
60 Days	-1.34%	-4.31%
90 Days	-3.38%	-7.30%
12 Months	-35.43%	-11.21%

0 Overlapping Holdings

	Symbol	Grade	Weight in HDRO	Weight in MOO	Overlap

HDRO Overweight 5 Positions Relative to MOO

	Symbol	Grade	Weight
	BE	D	8.19%
	PLUG	F	7.95%
	FCEL	F	6.06%
	LIN	C	4.58%
	APD	D	4.2%

HDRO Underweight 18 Positions Relative to MOO

	Symbol	Grade	Weight
	ZTS	C	-8.09%
	DE	F	-7.94%
	CTVA	D	-7.16%
	ADM	C	-5.77%
	TSN	D	-4.7%
	BG	B	-3.54%
	CF	F	-3.25%
	MOS	F	-2.38%
	CNH	F	-2.35%
	TTC	C	-2.14%
	FMC	F	-1.76%
	AGCO	F	-1.73%
	DAR	F	-1.65%
	SQM	D	-1.47%
	ELAN	D	-1.44%
	BCPC	A	-1.09%
	NEOG	C	-0.85%
	PPC	B	-0.6%

HDRO: Top Represented Industries & Keywords

Industries: Utilities - Independent Power Producers Chemicals Electronic Components Specialty Chemicals

Keywords: Hydrogen Fuel Cell Air Separation Alternative Energy Argon Biogas Carbon Monoxide Chemical Chemical Process Dry Ice Electricity Food Processing Fuel Cell Systems Helium Hydrogen Economy Hydrogen Technologies Industrial Gases Methane Natural Gas Oxygen

MOO: Top Represented Industries & Keywords

Industries: Agricultural Inputs Farm & Construction Equipment Farm Products Drug Manufacturers - Specialty & Generic Chemicals Diagnostics & Research Packaged Foods Specialty Chemicals Tools & Accessories Waste Management

Keywords: S&P 500 Crops Animal Feed Animal Health Meals Phosphates Soybean Sugarcane Agriculture Construction Equipment Cotton Disinfectant Energy Crops Fertilizer Flour Foods Forage Equipment Fruit Fungi Insects