LVOL vs. DFND ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to Realty Shares DIVCON Dividend Defender ETF (DFND)

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$54.23

Average Daily Volume

266

Number of Holdings ^*

98

* 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

$42.12

Average Daily Volume

417

Number of Holdings ^*

70

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	DFND
30 Days	3.29%	10.92%
60 Days	3.40%	8.27%
90 Days	5.71%	8.64%
12 Months	20.58%	15.79%

29 Overlapping Holdings

	Symbol	Grade	Weight in LVOL	Weight in DFND	Overlap
	AAPL	D	6.71%	0.94%	0.94%
	ACN	C	2.59%	0.33%	0.33%
	AON	B	0.1%	1.44%	0.1%
	BR	B	0.29%	0.71%	0.29%
	CB	B	1.2%	1.44%	1.2%
	CMCSA	D	0.38%	1.04%	0.38%
	CMI	C	0.99%	1.77%	0.99%
	COST	B	2.06%	1.18%	1.18%
	CSCO	C	2.52%	1.31%	1.31%
	CTAS	B	1.76%	2.46%	1.76%
	FAST	C	0.48%	0.92%	0.48%
	FDS	C	0.17%	1.97%	0.17%
	GWW	B	0.47%	1.87%	0.47%
	HON	D	1.21%	1.32%	1.21%
	INTU	C	1.46%	0.71%	0.71%
	ITW	B	0.76%	1.58%	0.76%
	LIN	B	2.34%	1.28%	1.28%
	MA	A	2.41%	1.66%	1.66%
	MCD	B	1.25%	2.17%	1.25%
	MCO	B	0.88%	1.9%	0.88%
	MMC	A	1.96%	1.3%	1.3%
	MSFT	C	8.08%	0.98%	0.98%
	MSI	B	0.81%	1.69%	0.81%
	NDSN	C	0.56%	2.22%	0.56%
	PG	A	2.79%	2.45%	2.45%
	SHW	A	1.0%	2.15%	1.0%
	SNA	B	0.32%	2.12%	0.32%
	V	A	3.09%	2.49%	2.49%
	VRSK	D	0.45%	2.39%	0.45%

LVOL Overweight 69 Positions Relative to DFND

	Symbol	Grade	Weight
	JNJ	B	2.92%
	BRK.A	C	2.48%
	HD	B	2.42%
	AMZN	C	2.05%
	GOOGL	D	2.03%
	KO	B	1.96%
	MDT	B	1.88%
	MRK	D	1.85%
	APH	D	1.75%
	TEL	D	1.67%
	SPGI	A	1.48%
	CTSH	B	1.45%
	ABT	B	1.4%
	PEP	B	1.39%
	PAYX	B	1.26%
	DOX	C	1.26%
	BSX	B	1.07%
	CL	C	1.02%
	RSG	B	1.02%
	GD	B	0.96%
	PTC	D	0.94%
	WM	D	0.89%
	ECL	A	0.86%
	ROP	B	0.77%
	DOV	B	0.76%
	EA	C	0.69%
	SYK	B	0.69%
	GOOG	D	0.68%
	ADSK	B	0.68%
	HIG	B	0.66%
	IBM	A	0.63%
	TDY	B	0.62%
	AMP	B	0.56%
	KMB	C	0.56%
	TRV	A	0.5%
	IT	B	0.45%
	YUM	B	0.44%
	OTIS	C	0.36%
	WMT	B	0.35%
	GRMN	D	0.32%
	LOW	B	0.29%
	NTAP	D	0.28%
	BLK	A	0.27%
	PKG	B	0.22%
	HOLX	B	0.22%
	MDLZ	B	0.21%
	AVY	B	0.2%
	DLB	D	0.19%
	VRSN	D	0.19%
	MAS	B	0.19%
	CRM	D	0.18%
	IEX	D	0.17%
	ZBH	D	0.17%
	JKHY	A	0.15%
	LLY	C	0.15%
	FFIV	A	0.14%
	ORLY	B	0.13%
	CDW	D	0.11%
	ABBV	B	0.1%
	CW	B	0.1%
	AJG	A	0.1%
	AXP	B	0.09%
	CHE	C	0.08%
	GGG	C	0.08%
	DCI	D	0.08%
	LSTR	D	0.08%
	ITT	C	0.08%
	AVB	B	0.06%
	VLTO	B	0.04%

LVOL Underweight 41 Positions Relative to DFND

	Symbol	Grade	Weight
	KLAC	D	-2.86%
	MPC	F	-2.34%
	LMT	B	-2.24%
	BRO	B	-2.1%
	PHM	B	-2.03%
	MPWR	C	-1.98%
	PPG	C	-1.85%
	DHI	B	-1.69%
	AMAT	D	-1.59%
	HSY	B	-1.55%
	ROK	D	-1.51%
	J	D	-1.51%
	ALLE	A	-1.5%
	ADI	D	-1.46%
	ETN	C	-1.42%
	CBOE	B	-1.36%
	MSCI	C	-1.28%
	CME	B	-1.23%
	AOS	D	-1.23%
	HUBB	B	-1.1%
	GL	C	-0.93%
	LW	D	-0.89%
	ALB	D	-0.85%
	AVGO	C	-0.79%
	ODFL	D	-0.79%
	MLM	D	-0.71%
	MCHP	D	-0.1%
	PARA	F	--0.31%
	INTC	F	--0.86%
	APA	F	--0.96%
	VFC	C	--1.0%
	DVN	F	--1.23%
	NWS	D	--1.78%
	FCX	D	--1.83%
	LUV	C	--1.91%
	IP	B	--1.97%
	SW	B	--1.99%
	T	A	--2.07%
	CNP	C	--2.41%
	F	D	--2.43%
	D	B	--3.09%

LVOL: Top Represented Industries & Keywords

Industries: Diversified Industrials Business Services Information Technology Services Medical Devices Drug Manufacturers - Major Software - Application Capital Markets Credit Services Household & Personal Products Insurance Brokers Internet Content & Information Software - Infrastructure Specialty Chemicals Asset Management Beverages - Soft Drinks Communication Equipment Discount Stores Electronic Components Home Improvement Stores Industrial Distribution

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Electronics Insurance Computing Operating System Aerospace Medicine Beverage Chemical Pharmaceutical Products Work From Home Imaging Industrial Products Mining Mobile Devices Payment Systems Plumbing Risk Management

DFND: Top Represented Industries & Keywords

Industries: Diversified Industrials Semiconductors Specialty Chemicals Business Services Capital Markets Insurance Brokers Communication Equipment Credit Services Financial Data & Stock Exchanges Industrial Distribution Oil & Gas E&P Packaging & Containers Residential Construction Semiconductor Equipment & Materials Aerospace & Defense Airlines Apparel Manufacturing Auto Manufacturers Broadcasting - TV Building Materials

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Natural Gas Insurance Mining Risk Management Semiconductor Telecommunications Chemical Computing Integrated Circuits Oil And Gas Aerospace Electronics Payment Systems Power Management Smartphones Adhesives Broadband