MBOX vs. DFND ETF Comparison

Comparison of Freedom Day Dividend ETF (MBOX) to Realty Shares DIVCON Dividend Defender ETF (DFND)

MBOX

Freedom Day Dividend ETF

MBOX Description

The investment seeks dividend growth. The fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in equity securities that the Sub-Adviser (Freedom Day Solutions, LLC) believes have the potential to provide rising dividend income streams to the fund over time. Under normal circumstances, it will invest at least 80% of its net assets, plus borrowings for investment purposes, in dividend-paying securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.77

Average Daily Volume

7,891

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

849

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MBOX	DFND
30 Days	3.08%	6.81%
60 Days	2.48%	3.15%
90 Days	2.39%	13.91%
12 Months	30.66%	14.05%

8 Overlapping Holdings

Symbol	Grade	Weight in MBOX	Weight in DFND	Overlap
ACN	B	2.24%	0.34%	0.34%
AVGO	D	2.36%	0.86%	0.86%
CMCSA	B	1.98%	1.15%	1.15%
HSY	F	1.65%	1.36%	1.36%
KLAC	F	1.73%	2.42%	1.73%
MCHP	F	1.44%	0.08%	0.08%
MPC	D	1.59%	2.11%	1.59%
MSFT	D	1.89%	1.0%	1.0%

MBOX Overweight 38 Positions Relative to DFND

Symbol	Grade	Weight
JEF	A	2.5%
MLI	B	2.43%
JPM	A	2.42%
EOG	A	2.41%
UNH	B	2.38%
MS	A	2.37%
CARR	C	2.33%
PGR	A	2.3%
ET	A	2.26%
LLY	F	2.22%
CINF	A	2.21%
DELL	B	2.21%
FNF	B	2.15%
GRMN	B	2.14%
KR	B	2.14%
MATX	C	2.14%
INGR	C	2.13%
WSO	A	2.13%
HD	B	2.13%
TSCO	D	2.1%
EPD	A	2.09%
KBH	D	2.08%
AMGN	F	2.07%
OZK	B	2.04%
ABBV	F	2.04%
RSG	A	2.04%
TRV	B	2.03%
OC	A	2.0%
NSA	C	2.0%
DKS	D	1.98%
CI	D	1.95%
NXST	C	1.81%
DE	B	1.79%
PEP	F	1.76%
PLD	F	1.72%
MDLZ	F	1.68%
WSM	C	1.46%
CQP	B	1.37%

MBOX Underweight 62 Positions Relative to DFND

Symbol	Grade	Weight
V	A	-2.68%
SNA	A	-2.66%
CTAS	B	-2.6%
VRSK	A	-2.44%
PG	C	-2.27%
GWW	B	-2.25%
SHW	B	-2.25%
FDS	B	-2.22%
NDSN	B	-2.22%
MCD	D	-2.2%
BRO	B	-2.13%
CMI	A	-2.09%
LMT	D	-2.05%
PHM	D	-2.0%
MSI	B	-1.86%
MCO	B	-1.85%
PPG	F	-1.77%
MA	B	-1.75%
ETN	A	-1.74%
ITW	B	-1.71%
ROK	C	-1.65%
AMAT	F	-1.59%
AON	A	-1.52%
ALLE	C	-1.51%
CSCO	B	-1.5%
DHI	F	-1.47%
HON	C	-1.45%
J	D	-1.42%
CB	C	-1.39%
ADI	D	-1.37%
MSCI	C	-1.33%
MPWR	F	-1.31%
HUBB	B	-1.27%
CBOE	C	-1.26%
CME	B	-1.24%
MMC	B	-1.21%
COST	A	-1.2%
LIN	C	-1.2%
FAST	B	-1.13%
LW	C	-1.13%
AOS	F	-1.09%
ALB	B	-1.01%
AAPL	C	-0.95%
GL	C	-0.93%
ODFL	C	-0.88%
MLM	C	-0.8%
INTU	B	-0.78%
BR	A	-0.75%
PARA	C	--0.33%
APA	D	--0.82%
INTC	C	--1.08%
VFC	C	--1.1%
DVN	F	--1.12%
FCX	F	--1.86%
NWS	A	--1.96%
LUV	C	--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%