IVAL vs. DMDV ETF Comparison

Comparison of ValueShares International Quantitative Value ETF (IVAL) to AAM S&P Developed Markets High Dividend Value ETF (DMDV)

IVAL

ValueShares International Quantitative Value ETF

IVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily - generally greater than 80%, but at least 65% of its net assets, plus any borrowings for investment purposes - in equity securities of international companies that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest primarily in the exchange-listed common stock of international companies and depositary receipts. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.72

Average Daily Volume

12,929

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DMDV

AAM S&P Developed Markets High Dividend Value ETF

DMDV Description

The investment seeks to track the total return performance, before fees and expenses, of the S&P Developed Ex-U.S. Dividend and Free Cash Flow Yield Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index and depositary receipts representing index components. The index is designed to provide exposure to the constituents of the S&P Developed BMI Ex-U.S. & Korea LargeMidcap Index that exhibit both high dividend yield and sustainable dividend distribution characteristics, while maintaining diversified sector exposure.

Grade (RS Rating)

Last Trade

$23.74

Average Daily Volume

286

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IVAL	DMDV
30 Days	3.14%	2.15%
60 Days	14.10%	8.48%
90 Days	2.36%	5.37%
12 Months	17.83%	22.23%

1 Overlapping Holdings

	Symbol	Grade	Weight in IVAL	Weight in DMDV	Overlap
	HAFN	B	1.92%	1.62%	1.62%

IVAL Overweight 2 Positions Relative to DMDV

	Symbol	Grade	Weight
	HMC	D	1.96%
	TM	D	1.93%

IVAL Underweight 2 Positions Relative to DMDV

	Symbol	Grade	Weight
	E	C	-1.78%
	STLA	F	-1.34%

IVAL: Top Represented Industries & Keywords

Industries: Auto Manufacturers Marine Shipping

Keywords: Automotive Industry Cars Passenger Car Transport Auto Parts Cogeneration Crystalline Silicon E Commerce Marketplace Lawn Mower Mower Power Products Retail Dealers Retail Lending Solar Cells Sprayer Thin Film Transportation Service Vegetable Oil

DMDV: Top Represented Industries & Keywords

Industries: Auto Manufacturers Marine Shipping Oil & Gas Integrated