TBG vs. HDV ETF Comparison

Comparison of TBG Dividend Focus ETF (TBG) to iShares High Dividend ETF (HDV)

TBG

TBG Dividend Focus ETF

TBG Description

The fund seeks to achieve its investment objective by investing in equity securities of small-, mid- and large- capitalization companies that the sub-adviser believes have the potential to grow their dividends over time. The fund will invest primarily in companies that have operations in and/or domiciled in the U.S. and that trade on U.S. stock exchanges. In addition, the fund may invest in real estate investment trusts (REITs) and master limited partnerships (MLPs).

Grade (RS Rating)

Last Trade

$33.68

Average Daily Volume

17,458

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HDV

iShares High Dividend ETF

HDV Description

The investment seeks to track the investment results of an index composed of relatively high dividend paying U.S. equities. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the MorningstarÂ® Dividend Yield Focus IndexSM (the "underlying index"), which offers exposure to high quality U.S.-domiciled companies that have had strong financial health and an ability to sustain above average dividend payouts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$120.85

Average Daily Volume

387,941

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TBG	HDV
30 Days	5.47%	2.59%
60 Days	6.51%	3.92%
90 Days	9.24%	3.65%
12 Months	34.52%	26.59%

15 Overlapping Holdings

Symbol	Grade	Weight in TBG	Weight in HDV	Overlap
AEP	D	2.9%	0.95%	0.95%
BX	B	3.72%	1.76%	1.76%
CLX	C	2.03%	0.34%	0.34%
CSCO	A	4.01%	4.12%	4.01%
CVX	B	4.39%	6.97%	4.39%
GIS	D	2.46%	0.64%	0.64%
IBM	C	4.34%	3.49%	3.49%
JNJ	D	1.54%	6.03%	1.54%
LMT	D	2.36%	1.37%	1.37%
LYB	F	3.92%	0.66%	0.66%
MC	B	2.16%	0.11%	0.11%
MRK	F	3.19%	3.62%	3.19%
PEP	F	1.9%	3.68%	1.9%
TXN	D	2.39%	2.49%	2.39%
XOM	C	1.94%	10.04%	1.94%

TBG Overweight 18 Positions Relative to HDV

Symbol	Grade	Weight
SPG	C	4.58%
ET	B	4.26%
GILD	B	4.09%
VZ	B	3.98%
EPD	B	3.85%
CMI	A	3.66%
TFC	B	3.5%
OWL	B	3.2%
KVUE	A	3.15%
PG	A	2.78%
MS	B	2.51%
LAMR	C	2.49%
JPM	B	2.09%
APO	A	2.06%
AMGN	D	1.9%
SBUX	B	1.7%
AVGO	D	1.32%
MCD	D	1.19%

TBG Underweight 60 Positions Relative to HDV

Symbol	Grade	Weight
ABBV	D	-5.34%
T	A	-4.6%
PM	B	-4.49%
MO	A	-3.83%
KO	D	-3.65%
COP	D	-2.12%
MDT	D	-1.84%
DUK	C	-1.7%
WMB	B	-1.66%
KMI	B	-1.66%
SO	D	-1.66%
PNC	A	-1.62%
OKE	C	-1.6%
EOG	C	-1.29%
PSX	C	-1.1%
SRE	A	-0.97%
DOW	F	-0.94%
KMB	C	-0.85%
PAYX	B	-0.74%
PEG	A	-0.72%
TROW	A	-0.68%
EIX	A	-0.66%
WEC	A	-0.6%
SYY	C	-0.54%
DVN	F	-0.47%
DTE	C	-0.45%
FE	D	-0.44%
PPL	B	-0.44%
AEE	A	-0.43%
CTRA	B	-0.4%
DRI	B	-0.39%
AMCR	D	-0.37%
EVRG	A	-0.34%
CMS	C	-0.33%
CINF	A	-0.32%
OMC	C	-0.3%
NI	A	-0.29%
ATO	A	-0.29%
GPC	D	-0.28%
SNA	A	-0.28%
LNT	A	-0.28%
EMN	D	-0.22%
DTM	B	-0.22%
OGE	A	-0.2%
SWKS	F	-0.2%
EXE	B	-0.18%
AM	B	-0.18%
JHG	A	-0.14%
WU	D	-0.13%
INGR	B	-0.12%
APAM	B	-0.12%
IDA	B	-0.11%
NFG	B	-0.11%
NJR	A	-0.1%
MSM	C	-0.09%
ALE	A	-0.09%
RDN	C	-0.08%
VCTR	B	-0.05%
CNS	B	-0.04%
REYN	D	-0.02%