RNSC vs. DFND ETF Comparison

Comparison of First Trust Small Cap US Equity Select ETF (RNSC) to Realty Shares DIVCON Dividend Defender ETF (DFND)

RNSC

First Trust Small Cap US Equity Select ETF

RNSC Description

The Small Cap US Equity Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Small Cap US Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$29.68

Average Daily Volume

1,738

Number of Holdings ^*

304

* 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

$42.36

Average Daily Volume

325

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RNSC	DFND
30 Days	0.89%	7.38%
60 Days	6.41%	8.05%
90 Days	9.21%	10.17%
12 Months	20.48%	16.49%

0 Overlapping Holdings

	Symbol	Grade	Weight in RNSC	Weight in DFND	Overlap

RNSC Overweight 304 Positions Relative to DFND

Symbol	Grade	Weight
NHC	D	2.79%
LMAT	A	2.64%
CNMD	F	2.56%
PINC	F	2.55%
USPH	F	2.19%
PDCO	F	2.14%
YOU	C	2.03%
PRGS	A	1.43%
CNXN	C	1.41%
CSGS	B	1.38%
CTS	B	1.13%
SSTK	F	1.08%
XRX	D	1.06%
VSH	F	0.98%
FWRD	D	0.53%
IDCC	A	0.52%
TDS	C	0.5%
POWL	B	0.43%
CABO	F	0.43%
CSWI	A	0.4%
PRG	C	0.4%
CWH	C	0.4%
SHEN	F	0.39%
TGLS	B	0.38%
AESI	B	0.37%
USLM	C	0.37%
WHD	A	0.37%
PATK	A	0.37%
KNTK	A	0.37%
CRK	B	0.36%
GVA	A	0.36%
BDC	A	0.35%
CCS	C	0.35%
VSTS	D	0.35%
MWA	A	0.34%
RES	C	0.34%
LEG	D	0.34%
PHIN	D	0.34%
ESE	C	0.34%
AROC	B	0.34%
BRC	C	0.33%
PRIM	A	0.33%
SHOO	A	0.33%
LCII	C	0.33%
SNDR	D	0.33%
MCRI	B	0.33%
GHC	A	0.33%
HNI	B	0.33%
BKE	B	0.33%
PSMT	A	0.32%
UNF	A	0.32%
TGNA	B	0.32%
LEVI	C	0.32%
CDRE	A	0.32%
CRC	B	0.32%
SXI	B	0.32%
TRN	C	0.32%
LZB	D	0.32%
GFF	C	0.31%
GIC	D	0.31%
CRI	D	0.31%
KFY	C	0.31%
ARCH	D	0.31%
EPAC	A	0.31%
GEF	B	0.31%
PZZA	D	0.31%
CBRL	D	0.31%
WINA	C	0.31%
NPO	C	0.31%
ICFI	C	0.31%
KMT	C	0.31%
APOG	B	0.31%
WERN	D	0.3%
DNUT	F	0.3%
HUBG	D	0.3%
PTVE	D	0.3%
GDEN	D	0.3%
CAKE	A	0.3%
AZZ	B	0.3%
HL	C	0.3%
FL	F	0.3%
JWN	D	0.3%
REVG	D	0.3%
WGO	D	0.3%
SAH	D	0.3%
HEES	D	0.3%
ARCB	F	0.29%
CMCO	D	0.29%
ABM	D	0.29%
JBT	B	0.29%
CRS	B	0.29%
SCS	D	0.29%
PRDO	D	0.29%
TNL	B	0.29%
AIN	F	0.29%
ALG	F	0.29%
TNC	F	0.28%
HWKN	B	0.28%
KFRC	F	0.28%
GES	F	0.28%
NX	F	0.28%
TRS	D	0.28%
RRR	D	0.28%
LNN	C	0.28%
EVTC	D	0.28%
ALGT	D	0.28%
CAL	F	0.28%
GBX	C	0.28%
MRTN	F	0.27%
MLKN	F	0.27%
B	A	0.27%
UNIT	B	0.27%
HLIO	B	0.27%
HTLD	F	0.27%
MATW	F	0.26%
SMG	C	0.26%
DK	F	0.26%
WNC	F	0.25%
OXM	F	0.25%
SLVM	C	0.25%
VAC	D	0.25%
JACK	F	0.25%
INSW	B	0.25%
DAN	D	0.25%
BLMN	F	0.25%
KSS	D	0.25%
STRA	F	0.24%
VIRT	B	0.24%
TPG	A	0.24%
WOR	F	0.24%
SCHL	F	0.24%
NSSC	F	0.23%
LOB	B	0.23%
BOWL	D	0.23%
NMRK	C	0.23%
PFS	D	0.22%
SXT	C	0.22%
MGEE	C	0.22%
SASR	B	0.22%
CWEN	C	0.22%
MSEX	C	0.22%
FBNC	B	0.22%
WAFD	D	0.21%
NWE	C	0.21%
FCF	D	0.21%
MCY	B	0.21%
TOWN	C	0.21%
CBU	D	0.21%
SFNC	B	0.21%
PIPR	A	0.21%
CPK	C	0.21%
BKU	D	0.21%
MTRN	F	0.21%
SYBT	C	0.21%
VBTX	C	0.21%
STEP	A	0.21%
PNM	B	0.21%
PJT	A	0.21%
STBA	D	0.21%
EFSC	D	0.21%
CNO	B	0.21%
NWBI	D	0.2%
CASH	C	0.2%
WS	D	0.2%
FBP	B	0.2%
CWT	D	0.2%
OCFC	C	0.2%
EBC	B	0.2%
HOPE	B	0.2%
HE	F	0.2%
SR	D	0.2%
WD	C	0.2%
BANC	D	0.2%
VCTR	A	0.2%
INDB	D	0.2%
AVA	D	0.2%
BHLB	D	0.2%
PRK	D	0.2%
MPW	C	0.2%
NWN	D	0.2%
STC	D	0.2%
RYI	D	0.2%
OFG	D	0.2%
AWR	B	0.2%
BANF	D	0.2%
FBK	B	0.2%
KOP	F	0.2%
BANR	B	0.2%
VGR	B	0.2%
ABR	C	0.19%
MTX	C	0.19%
FIBK	C	0.19%
SRCE	D	0.19%
MMI	D	0.19%
EXPI	C	0.19%
OUT	C	0.19%
MBIN	C	0.19%
SAFT	D	0.19%
IOSP	F	0.19%
HMN	B	0.19%
CHCO	D	0.19%
BOH	D	0.19%
AKR	B	0.19%
SCL	D	0.19%
FRME	D	0.19%
SBCF	D	0.19%
SJW	D	0.19%
NNI	B	0.19%
FHB	D	0.19%
DEI	A	0.19%
BGC	B	0.19%
FFBC	D	0.19%
CATY	B	0.19%
EIG	A	0.19%
UCBI	B	0.19%
HI	F	0.19%
FHI	A	0.19%
AUB	D	0.19%
NBTB	D	0.19%
FDP	C	0.19%
NIC	D	0.19%
AGM	D	0.18%
SBRA	C	0.18%
FCPT	C	0.18%
CVBF	B	0.18%
PMT	B	0.18%
SKT	A	0.18%
UMH	D	0.18%
IBOC	D	0.18%
CTRE	C	0.18%
NAVI	D	0.18%
LKFN	D	0.18%
RNST	D	0.18%
WSBC	D	0.18%
APAM	B	0.18%
SLG	C	0.18%
TRMK	D	0.18%
NBHC	D	0.18%
PFBC	D	0.18%
LADR	D	0.18%
FULT	D	0.18%
TCBK	D	0.18%
CNNE	F	0.18%
IIPR	C	0.18%
NHI	C	0.18%
BUSE	D	0.18%
ROIC	C	0.18%
WSFS	D	0.18%
PPBI	D	0.18%
HIW	C	0.18%
HASI	B	0.17%
ALEX	D	0.17%
NSA	D	0.17%
UE	C	0.17%
IVT	B	0.17%
KW	C	0.17%
KALU	D	0.17%
PEBO	F	0.17%
JBGS	C	0.17%
GNL	D	0.17%
ESRT	C	0.17%
CODI	D	0.17%
WABC	F	0.17%
HTH	F	0.17%
BNL	C	0.17%
ASB	D	0.17%
AAT	C	0.17%
GTY	C	0.17%
CALM	A	0.17%
LTC	D	0.16%
DRH	B	0.16%
IMKTA	F	0.16%
PLYM	D	0.16%
VRTS	D	0.16%
SPB	C	0.16%
PGRE	D	0.16%
JOE	D	0.16%
WMK	D	0.16%
DEA	D	0.16%
MGPI	F	0.16%
UVV	D	0.16%
CMTG	F	0.16%
LXP	D	0.16%
OEC	F	0.16%
RC	F	0.16%
GBDC	B	0.16%
ARI	F	0.16%
RLJ	D	0.15%
HPP	F	0.15%
ANDE	D	0.15%
SHO	B	0.15%
ENR	B	0.15%
NTST	F	0.15%
TR	D	0.15%
DBRG	D	0.15%
JJSF	C	0.15%
UTZ	D	0.15%
KLG	F	0.15%
XHR	A	0.15%
ALX	D	0.15%
SVC	D	0.14%
PK	D	0.14%
PEB	D	0.14%
EPC	F	0.13%

RNSC Underweight 70 Positions Relative to DFND

Symbol	Grade	Weight
KLAC	B	-2.96%
CTAS	C	-2.44%
V	B	-2.41%
PG	D	-2.37%
NDSN	C	-2.28%
VRSK	D	-2.26%
MCD	A	-2.25%
LMT	A	-2.23%
SHW	C	-2.23%
PHM	C	-2.22%
MPC	D	-2.19%
SNA	C	-2.15%
MPWR	B	-2.12%
FDS	C	-2.07%
BRO	A	-2.01%
GWW	B	-2.0%
PPG	D	-1.93%
CMI	A	-1.88%
MCO	D	-1.83%
AMAT	C	-1.76%
DHI	C	-1.72%
MSI	A	-1.7%
ITW	C	-1.68%
MA	A	-1.67%
ETN	B	-1.59%
J	F	-1.58%
ROK	D	-1.56%
ALLE	A	-1.55%
ADI	B	-1.5%
HSY	D	-1.48%
AON	A	-1.41%
CB	A	-1.41%
CSCO	A	-1.38%
AOS	C	-1.37%
HON	C	-1.31%
CBOE	B	-1.29%
LIN	C	-1.28%
MSCI	B	-1.27%
HUBB	A	-1.24%
MMC	D	-1.23%
CME	A	-1.22%
COST	C	-1.15%
CMCSA	B	-1.1%
MSFT	D	-1.01%
FAST	C	-0.99%
AAPL	C	-0.96%
ALB	D	-0.95%
LW	D	-0.94%
GL	C	-0.9%
AVGO	B	-0.87%
ODFL	F	-0.78%
MLM	F	-0.74%
BR	B	-0.7%
INTU	F	-0.69%
ACN	B	-0.33%
MCHP	F	-0.1%
PARA	F	--0.32%
APA	F	--0.9%
INTC	D	--1.04%
VFC	A	--1.06%
DVN	F	--1.12%
NWS	D	--1.72%
LUV	B	--1.88%
IP	C	--2.01%
SW	C	--2.15%
T	B	--2.17%
FCX	B	--2.22%
F	D	--2.35%
CNP	B	--2.49%
D	A	--3.02%