VFMV vs. DFNV ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV)

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$127.30

Average Daily Volume

6,907

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

DFNV

TrimTabs Donoghue Forlines Risk Managed Innovation ETF

DFNV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to U.S. publicly traded companies with strong free cash flow and strong research and development (R&D) investment

Grade (RS Rating)

Last Trade

$37.35

Average Daily Volume

20,580

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	DFNV
30 Days	3.75%	8.99%
60 Days	4.37%	10.78%
90 Days	5.38%	13.77%
12 Months	27.52%	41.35%

19 Overlapping Holdings

Symbol	Grade	Weight in VFMV	Weight in DFNV	Overlap
AAPL	C	0.54%	8.05%	0.54%
ABBV	D	0.74%	2.59%	0.74%
AMGN	D	0.14%	1.56%	0.14%
AVGO	D	0.64%	3.96%	0.64%
CRUS	D	0.64%	0.32%	0.32%
CVLT	B	1.38%	0.47%	0.47%
EA	A	1.16%	1.13%	1.13%
GILD	C	0.83%	1.86%	0.83%
IBM	C	1.52%	2.11%	1.52%
JNJ	D	1.49%	2.48%	1.49%
MSI	B	0.03%	1.53%	0.03%
NBIX	C	0.03%	0.53%	0.03%
NTAP	C	1.37%	0.85%	0.85%
PI	D	0.12%	0.36%	0.12%
QCOM	F	0.25%	2.09%	0.25%
QRVO	F	0.28%	0.3%	0.28%
SPOT	B	0.68%	1.84%	0.68%
VERX	B	0.3%	0.24%	0.24%
YELP	C	0.52%	0.17%	0.17%

VFMV Overweight 146 Positions Relative to DFNV

Symbol	Grade	Weight
MCK	B	1.52%
ADI	D	1.5%
DOX	D	1.5%
EQC	B	1.49%
ABT	B	1.49%
PGR	A	1.48%
PG	A	1.48%
TXN	C	1.48%
COR	B	1.48%
LMT	D	1.47%
MRK	F	1.46%
ED	D	1.44%
CHD	B	1.44%
TMUS	B	1.43%
DUK	C	1.42%
T	A	1.41%
KO	D	1.4%
SO	D	1.38%
ROP	B	1.33%
MSFT	F	1.3%
TJX	A	1.27%
CSCO	B	1.25%
XOM	B	1.23%
RSG	A	1.2%
NOC	D	1.17%
GD	F	1.14%
CME	A	1.14%
MUSA	A	1.13%
REGN	F	1.12%
ORLY	B	1.11%
IDT	B	1.1%
WMT	A	1.08%
RTX	C	1.06%
IDCC	A	1.06%
WM	A	1.06%
KEX	C	1.05%
CL	D	1.05%
CBOE	B	1.04%
GIS	D	1.0%
VZ	C	1.0%
FCN	D	0.98%
LRN	A	0.97%
HPQ	B	0.96%
WTW	B	0.93%
CVX	A	0.9%
MGEE	C	0.89%
HSTM	B	0.84%
MCD	D	0.79%
VECO	F	0.78%
DLB	B	0.78%
FE	C	0.77%
BSX	B	0.75%
UNH	C	0.75%
TYL	B	0.74%
TKO	B	0.73%
CHE	D	0.69%
SAFT	C	0.67%
BLKB	B	0.66%
CTRE	D	0.65%
GOOGL	C	0.64%
CAH	B	0.64%
NSIT	F	0.56%
WTM	A	0.54%
NABL	F	0.51%
GOOG	C	0.48%
META	D	0.47%
GDDY	A	0.46%
WEC	A	0.45%
MATX	C	0.45%
PBH	A	0.42%
NEU	C	0.4%
FLO	D	0.38%
TRV	B	0.38%
INSW	F	0.37%
WMB	A	0.37%
HOLX	D	0.36%
HSY	F	0.36%
V	A	0.35%
DTM	B	0.35%
AJG	B	0.35%
PPC	C	0.34%
AZO	C	0.34%
LAUR	A	0.34%
NVEC	C	0.33%
THFF	B	0.33%
PFE	D	0.32%
LLY	F	0.32%
BRK.A	B	0.31%
FANG	D	0.3%
RLI	B	0.3%
MDLZ	F	0.28%
OLLI	D	0.26%
ATR	B	0.25%
LIN	D	0.24%
JBSS	D	0.24%
MO	A	0.24%
ROL	B	0.23%
MCS	B	0.22%
EXEL	B	0.21%
AMSF	B	0.21%
LOPE	B	0.2%
MTSI	B	0.2%
DECK	A	0.2%
IMMR	C	0.2%
KMI	A	0.2%
ACN	C	0.2%
EBF	F	0.2%
JJSF	B	0.19%
CASS	B	0.19%
AEE	A	0.19%
QNST	B	0.18%
HQY	B	0.18%
SPOK	C	0.15%
FDP	B	0.15%
OLED	D	0.14%
HCKT	B	0.14%
SPNS	F	0.14%
TW	A	0.13%
CI	F	0.11%
PSX	C	0.1%
DGICA	A	0.1%
TNK	F	0.09%
DJCO	B	0.09%
AMAT	F	0.08%
KLAC	D	0.07%
CNXN	C	0.07%
CB	C	0.07%
UNM	A	0.06%
CTSH	B	0.06%
OSIS	B	0.06%
JPM	A	0.05%
AKAM	D	0.04%
CNA	B	0.04%
PEBK	B	0.04%
LANC	C	0.04%
CLBK	B	0.04%
GLRE	B	0.04%
PEP	F	0.04%
CMS	C	0.03%
BCAL	B	0.03%
EIG	B	0.03%
VRTX	F	0.03%
DTE	C	0.03%
MRAM	D	0.02%
FFNW	C	0.02%
MU	D	0.02%

VFMV Underweight 80 Positions Relative to DFNV

Symbol	Grade	Weight
APP	B	-3.13%
CRM	B	-2.84%
NOW	A	-2.71%
PLTR	B	-2.42%
ADBE	C	-2.24%
INTU	C	-2.15%
BMY	B	-2.0%
PANW	C	-1.94%
UBER	D	-1.82%
CRWD	B	-1.74%
ANET	C	-1.55%
DASH	A	-1.52%
FTNT	C	-1.51%
VRT	B	-1.37%
TEAM	A	-1.36%
PYPL	B	-1.35%
ADSK	A	-1.24%
DDOG	A	-1.22%
TTD	B	-1.22%
MMM	D	-1.22%
SNOW	C	-1.17%
WDAY	B	-1.12%
UI	A	-1.0%
RBLX	C	-0.99%
ZS	C	-0.95%
VEEV	C	-0.95%
EXPE	B	-0.84%
RMD	C	-0.8%
DOCU	A	-0.79%
MCHP	D	-0.78%
NTNX	A	-0.76%
PTC	A	-0.75%
ZM	B	-0.75%
DUOL	A	-0.75%
MANH	D	-0.72%
PSTG	D	-0.69%
PINS	D	-0.69%
GEN	B	-0.67%
DT	C	-0.63%
FFIV	B	-0.59%
VRSN	F	-0.57%
PCTY	B	-0.55%
PEGA	A	-0.53%
JKHY	D	-0.51%
SWKS	F	-0.51%
SMAR	A	-0.51%
GNRC	B	-0.48%
SOLV	C	-0.48%
DBX	B	-0.47%
LYFT	C	-0.46%
HAS	D	-0.44%
JAZZ	B	-0.42%
ALTR	B	-0.41%
ETSY	D	-0.4%
MTCH	D	-0.4%
PATH	C	-0.39%
QLYS	C	-0.39%
NYT	C	-0.39%
MAT	D	-0.36%
CWAN	B	-0.35%
BOX	B	-0.35%
TENB	C	-0.35%
ENPH	F	-0.32%
ZETA	D	-0.32%
HALO	F	-0.3%
ALKS	B	-0.29%
BL	B	-0.26%
PLTK	B	-0.23%
IGT	F	-0.23%
ALRM	C	-0.22%
PRGS	A	-0.21%
RNG	B	-0.21%
TDC	D	-0.21%
FLNC	C	-0.2%
RPD	C	-0.19%
AMZN	C	-0.19%
ACAD	D	-0.19%
PTGX	C	-0.17%
YOU	D	-0.17%
CMPR	D	-0.14%

VFMV: Top Represented Industries & Keywords

Industries: Insurance - Property & Casualty Semiconductors Drug Manufacturers - Major Internet Content & Information Utilities - Regulated Electric Packaged Foods Software - Application Telecom Services Information Technology Services Aerospace & Defense Banks - Regional - US Biotechnology Business Services Medical Distribution Semiconductor Equipment & Materials Shipping & Ports Education & Training Services Household & Personal Products Media - Diversified Oil & Gas Midstream