KMID vs. DFND ETF Comparison

Comparison of Virtus KAR Mid-Cap ETF (KMID) to Realty Shares DIVCON Dividend Defender ETF (DFND)

KMID

Virtus KAR Mid-Cap ETF

KMID Description

The fund advisor pursues long-term capital appreciation in the medium capitalization sector while seeking less market risk than the Russell Midcap® Index. The fund advisor invests in medium market capitalization companies believed by Kayne Anderson Rudnick Investment Management, LLC, the fund"s sub-adviser, to be undervalued relative to their future growth potential. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.54

Average Daily Volume

12,790

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFND

Realty Shares DIVCON Dividend Defender ETF

DFND Description

The investment seeks long-term capital appreciation by tracking the performance, before fees and expenses, of the Reality Shares DIVCON Dividend Defender Index. The index is designed to select the companies for a long position that have the highest probability of increasing their dividend in a 12-month period and select the companies for a short position that have the highest probability of decreasing their dividend in a 12-month period. Under normal circumstances, at least 80% of the fund's assets (other than collateral held from securities lending, if any) will be invested in component securities of the benchmark index. It is non-diversified.

Grade (RS Rating)

Last Trade

$43.30

Average Daily Volume

809

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KMID	DFND
30 Days	1.41%	6.81%
60 Days		3.15%
90 Days		13.91%
12 Months		14.28%

8 Overlapping Holdings

Symbol	Grade	Weight in KMID	Weight in DFND	Overlap
BR	B	2.92%	0.75%	0.75%
BRO	B	3.55%	2.13%	2.13%
FDS	B	2.64%	2.22%	2.22%
MPWR	F	2.35%	1.31%	1.31%
MSCI	C	2.94%	1.33%	1.33%
NDSN	C	3.5%	2.22%	2.22%
ODFL	B	3.82%	0.88%	0.88%
VRSK	A	3.63%	2.44%	2.44%

KMID Overweight 17 Positions Relative to DFND

Symbol	Grade	Weight
AME	A	6.31%
TDY	B	4.11%
HEI	A	4.06%
EFX	F	3.98%
LII	A	3.97%
WST	C	3.92%
POOL	D	3.92%
ROST	D	3.88%
DPZ	C	3.82%
PNR	B	3.68%
WAB	B	3.57%
ROL	B	3.42%
FICO	A	3.28%
BSY	D	3.25%
LPLA	A	3.1%
ALGN	D	2.92%
WRB	A	2.47%

KMID Underweight 62 Positions Relative to DFND

Symbol	Grade	Weight
V	A	-2.68%
SNA	B	-2.66%
CTAS	B	-2.6%
KLAC	F	-2.42%
PG	C	-2.27%
GWW	B	-2.25%
SHW	C	-2.25%
MCD	D	-2.2%
MPC	C	-2.11%
CMI	A	-2.09%
LMT	D	-2.05%
PHM	D	-2.0%
MSI	A	-1.86%
MCO	B	-1.85%
PPG	F	-1.77%
MA	B	-1.75%
ETN	B	-1.74%
ITW	B	-1.71%
ROK	B	-1.65%
AMAT	F	-1.59%
AON	B	-1.52%
ALLE	D	-1.51%
CSCO	B	-1.5%
DHI	D	-1.47%
HON	B	-1.45%
J	D	-1.42%
CB	D	-1.39%
ADI	D	-1.37%
HSY	F	-1.36%
HUBB	B	-1.27%
CBOE	C	-1.26%
CME	A	-1.24%
MMC	D	-1.21%
COST	A	-1.2%
LIN	D	-1.2%
CMCSA	B	-1.15%
FAST	B	-1.13%
LW	C	-1.13%
AOS	F	-1.09%
ALB	B	-1.01%
MSFT	D	-1.0%
AAPL	C	-0.95%
GL	C	-0.93%
AVGO	D	-0.86%
MLM	B	-0.8%
INTU	B	-0.78%
ACN	B	-0.34%
MCHP	F	-0.08%
PARA	D	--0.33%
APA	F	--0.82%
INTC	C	--1.08%
VFC	C	--1.1%
DVN	F	--1.12%
FCX	F	--1.86%
NWS	B	--1.96%
LUV	B	--2.05%
SW	A	--2.15%
T	A	--2.19%
IP	A	--2.32%
F	C	--2.41%
CNP	A	--2.56%
D	C	--2.96%