NANR vs. DVAL ETF Comparison

Comparison of SPDR S&P North American Natural Resources ETF (NANR) to Dynamic US Large Cap Value ETF (DVAL)

NANR

SPDR S&P North American Natural Resources ETF

NANR Description

The investment seeks to track the performance of the S&P BMI North American Natural Resources Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index comprises publicly traded large- and mid-capitalization U.S. and Canadian companies in the natural resources and commodities businesses that meet certain investability requirements and are classified within the sub-industries of one of three natural resources categories: energy, materials or agriculture. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.70

Average Daily Volume

16,143

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

DVAL

Dynamic US Large Cap Value ETF

DVAL Description

Dynamic US Large Cap Value ETF is an exchange traded fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. and Brandywine Global Investment Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 1000 Value Index and the S&P 500 Index. It employs proprietary research to create its portfolio. Dynamic US Large Cap Value ETF was formed on December 27, 2006 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$15.01

Average Daily Volume

7,029

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	NANR	DVAL
30 Days	2.04%	6.20%
60 Days	1.80%	6.63%
90 Days	2.07%	8.45%
12 Months	17.23%	28.45%

16 Overlapping Holdings

Symbol	Grade	Weight in NANR	Weight in DVAL	Overlap
BG	F	0.79%	0.7%	0.7%
CF	B	0.97%	0.83%	0.83%
COP	C	3.38%	3.1%	3.1%
CVX	A	7.01%	2.2%	2.2%
EOG	A	2.0%	0.53%	0.53%
FANG	D	0.83%	0.15%	0.15%
FMC	D	0.42%	0.13%	0.13%
GPK	C	0.53%	0.1%	0.1%
INGR	B	0.56%	0.17%	0.17%
MPC	D	1.43%	2.74%	1.43%
MRO	B	0.42%	0.64%	0.42%
NUE	C	2.47%	1.15%	1.15%
PSX	C	1.42%	0.71%	0.71%
RS	B	1.24%	0.97%	0.97%
STLD	B	1.45%	1.41%	1.41%
VLO	C	1.2%	1.26%	1.2%

NANR Overweight 87 Positions Relative to DVAL

Symbol	Grade	Weight
XOM	B	10.3%
FCX	D	4.37%
NEM	D	3.41%
CTVA	C	2.42%
SW	A	1.69%
ADM	D	1.59%
SLB	C	1.58%
WY	D	1.38%
PKG	A	1.3%
IP	B	1.22%
BKR	B	1.09%
HES	B	1.03%
AVY	D	0.97%
AMCR	D	0.9%
OXY	D	0.87%
AA	B	0.76%
HAL	C	0.69%
EQT	B	0.67%
RGLD	C	0.67%
TPL	A	0.66%
CRS	A	0.62%
DVN	F	0.62%
MOS	F	0.51%
ATI	D	0.49%
CTRA	B	0.49%
CMC	B	0.48%
LPX	B	0.45%
DAR	C	0.41%
CLF	F	0.37%
WFG	D	0.32%
SEE	C	0.31%
FTI	A	0.31%
SON	D	0.3%
OVV	B	0.28%
RYN	D	0.25%
AR	B	0.24%
HCC	B	0.24%
HL	D	0.23%
CHRD	D	0.21%
APA	D	0.21%
RRC	B	0.21%
AMR	C	0.2%
PR	B	0.2%
PCH	D	0.2%
SMG	D	0.19%
CDE	D	0.18%
SLVM	B	0.18%
MP	B	0.17%
MTDR	B	0.17%
NOV	C	0.16%
DINO	D	0.16%
MTRN	C	0.16%
CNX	A	0.15%
WFRD	D	0.15%
MGY	A	0.13%
SM	B	0.13%
MUR	D	0.12%
CIVI	D	0.12%
WHD	B	0.11%
NOG	A	0.1%
UEC	B	0.09%
KALU	C	0.09%
AROC	B	0.09%
CRC	B	0.09%
WS	B	0.09%
VAL	D	0.08%
RIG	D	0.08%
CEIX	A	0.08%
PBF	D	0.08%
HP	B	0.08%
PTEN	C	0.07%
LBRT	D	0.07%
OII	B	0.07%
BTU	B	0.07%
TDW	F	0.06%
TALO	C	0.05%
KOS	F	0.05%
CRGY	B	0.05%
HLX	B	0.04%
GPOR	B	0.04%
WKC	D	0.04%
WTTR	B	0.03%
DK	C	0.03%
XPRO	F	0.03%
AESI	B	0.03%
PDS	C	0.02%
PARR	D	0.02%

NANR Underweight 94 Positions Relative to DVAL

Symbol	Grade	Weight
LMT	D	-4.4%
CMCSA	B	-4.34%
IBM	C	-4.21%
DE	A	-3.88%
TMUS	B	-3.65%
HON	B	-3.53%
CSCO	B	-3.43%
GM	B	-3.32%
CAT	B	-3.17%
PYPL	B	-2.36%
BLDR	D	-1.86%
JNJ	D	-1.56%
AXP	A	-1.5%
LYB	F	-1.44%
WMT	A	-1.37%
MMM	D	-1.33%
WMB	A	-1.32%
PCAR	B	-1.2%
CSL	C	-1.06%
PHM	D	-1.05%
EXPD	D	-1.04%
KHC	F	-0.98%
PG	A	-0.96%
GIS	D	-0.95%
SCI	B	-0.93%
OC	A	-0.9%
JBL	B	-0.89%
EBAY	D	-0.78%
NRG	B	-0.77%
MGM	D	-0.76%
CRBG	B	-0.74%
WFC	A	-0.71%
BMY	B	-0.68%
DRI	B	-0.67%
MLM	B	-0.66%
EXPE	B	-0.66%
ORI	A	-0.65%
IPG	D	-0.65%
NVR	D	-0.64%
AMGN	D	-0.63%
AN	C	-0.62%
CPAY	A	-0.6%
EQH	B	-0.6%
AFG	A	-0.58%
BERY	B	-0.52%
DIS	B	-0.52%
FOXA	B	-0.51%
TXT	D	-0.5%
WH	B	-0.49%
EVR	B	-0.48%
ARMK	B	-0.47%
OMF	A	-0.45%
SYY	B	-0.45%
MTG	C	-0.45%
VZ	C	-0.43%
NXST	C	-0.42%
TRMB	B	-0.41%
AMG	B	-0.4%
FLEX	A	-0.4%
TRGP	B	-0.37%
MRK	F	-0.35%
BC	C	-0.35%
RL	B	-0.33%
KBH	D	-0.33%
DVA	B	-0.31%
SAIC	F	-0.31%
TOL	B	-0.31%
MUSA	A	-0.29%
R	B	-0.28%
DKS	C	-0.27%
BCC	B	-0.26%
RHI	B	-0.26%
AM	A	-0.25%
EMN	D	-0.23%
AOS	F	-0.23%
COKE	C	-0.22%
EXP	A	-0.22%
BLD	D	-0.2%
PVH	C	-0.19%
H	B	-0.18%
SNX	C	-0.18%
CBT	C	-0.17%
CNM	D	-0.17%
MDU	D	-0.14%
NEU	C	-0.14%
WEX	D	-0.13%
BYD	C	-0.13%
CHX	C	-0.1%
TPR	B	-0.09%
RDN	C	-0.08%
OMC	C	-0.05%
WSC	D	-0.04%
VOYA	B	-0.04%
WCC	B	-0.0%