IQRA vs. SDP ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF (IQRA) to ProShares UltraShort Utilities (SDP)

IQRA

IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF

IQRA Description

The fund will normally invest at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by real assets companies. Under normal circumstances, the fund invests primarily in common stock, but may also invest in other equity securities including preferred stock, convertible securities, rights or warrants to buy common stocks, master limited partnerships ("MLPs"), and depositary receipts with characteristics similar to common stock.

Grade (RS Rating)

Last Trade

$26.61

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SDP

ProShares UltraShort Utilities

SDP Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.18

Average Daily Volume

35,896

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQRA	SDP
30 Days	-3.71%	6.48%
60 Days	-3.35%	0.10%
90 Days	1.64%	-8.77%
12 Months	18.81%	-37.29%

15 Overlapping Holdings

Symbol	Grade	Weight in IQRA	Weight in SDP	Overlap
AEE	B	0.53%	1.92%	0.53%
AES	F	0.71%	1.33%	0.71%
ALE	A	0.41%	0.42%	0.41%
ATO	B	1.02%	1.34%	1.02%
CMS	D	0.92%	1.82%	0.92%
CNP	B	0.66%	1.33%	0.66%
DTE	D	0.76%	2.52%	0.76%
EVRG	A	0.75%	1.5%	0.75%
NEE	D	2.09%	12.13%	2.09%
POR	D	0.34%	0.51%	0.34%
PPL	A	1.57%	2.56%	1.57%
SRE	B	0.77%	4.34%	0.77%
WEC	B	2.63%	2.98%	2.63%
WTRG	C	0.87%	1.07%	0.87%
XEL	A	0.9%	3.36%	0.9%

IQRA Overweight 32 Positions Relative to SDP

Symbol	Grade	Weight
SPG	A	5.24%
O	D	3.83%
EQIX	B	3.7%
TRGP	B	3.35%
CSX	B	2.74%
SUI	F	2.15%
WELL	B	2.06%
AMT	F	1.97%
PCG	A	1.55%
HST	D	1.44%
REG	A	1.31%
CUBE	D	1.3%
DLR	C	1.2%
UE	B	1.04%
ADC	A	1.01%
EXR	D	1.0%
PAGP	C	0.94%
IRM	D	0.92%
ESRT	D	0.89%
REXR	F	0.84%
OGE	B	0.84%
CNI	F	0.82%
VICI	D	0.79%
NSC	B	0.74%
COLD	F	0.71%
CPK	A	0.63%
BRX	A	0.62%
PSA	D	0.5%
CEG	D	0.48%
INVH	D	0.41%
KMI	B	0.35%
FCPT	C	0.32%

IQRA Underweight 31 Positions Relative to SDP

Symbol	Grade	Weight
SO	D	-6.91%
D	D	-6.77%
DUK	D	-6.69%
AEP	D	-4.77%
EXC	C	-4.51%
ED	D	-2.94%
PEG	C	-2.93%
ES	D	-2.81%
EIX	C	-2.7%
FE	D	-2.6%
ETR	B	-2.46%
AWK	D	-2.31%
LNT	C	-1.35%
NI	A	-1.06%
PNW	A	-1.03%
VST	B	-1.01%
NRG	C	-0.95%
UGI	D	-0.91%
MDU	D	-0.58%
IDA	A	-0.54%
HE	F	-0.51%
OGS	B	-0.49%
BKH	A	-0.49%
SR	C	-0.42%
SWX	B	-0.41%
NJR	A	-0.41%
PNM	B	-0.4%
NFG	D	-0.38%
NWE	C	-0.37%
AVA	C	-0.32%
AGR	C	-0.28%