LVHD vs. UPW ETF Comparison

Comparison of Legg Mason Low Volatility High Dividend ETF (LVHD) to ProShares Ultra Utilities (UPW)

LVHD

Legg Mason Low Volatility High Dividend ETF

LVHD Description

The investment seeks to track the investment results of the QS Low Volatility High Dividend Index (the "underlying index"). The fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in securities that compose the underlying index. The underlying index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility.

Grade (RS Rating)

Last Trade

$40.43

Average Daily Volume

65,493

Number of Holdings ^*

115

* may have additional holdings in another (foreign) market

UPW

ProShares Ultra Utilities

UPW Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) 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

$81.02

Average Daily Volume

6,717

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LVHD	UPW
30 Days	3.51%	12.55%
60 Days	8.74%	26.68%
90 Days	13.87%	32.58%
12 Months	20.01%	51.08%

15 Overlapping Holdings

Symbol	Grade	Weight in LVHD	Weight in UPW	Overlap
AEE	A	1.04%	1.16%	1.04%
AEP	C	2.25%	2.83%	2.25%
DTE	B	1.06%	1.34%	1.06%
DUK	B	2.48%	4.67%	2.48%
ED	C	1.4%	1.86%	1.4%
ETR	A	1.38%	1.38%	1.38%
EVRG	B	0.9%	0.72%	0.72%
EXC	B	1.92%	2.08%	1.92%
FE	C	0.95%	1.19%	0.95%
LNT	B	0.72%	0.79%	0.72%
NI	B	0.97%	0.79%	0.79%
PNW	B	0.69%	0.53%	0.53%
SO	A	2.47%	5.04%	2.47%
WEC	B	1.45%	1.56%	1.45%
XEL	B	1.94%	1.85%	1.85%

LVHD Overweight 100 Positions Relative to UPW

Symbol	Grade	Weight
LMT	B	2.7%
MCD	B	2.67%
KO	B	2.62%
KDP	B	2.59%
MDLZ	C	2.58%
IBM	A	2.49%
HD	A	2.46%
PEP	D	2.45%
JNJ	C	2.45%
MO	C	2.45%
CSCO	B	2.44%
HSY	D	2.4%
VZ	B	2.38%
USB	B	2.25%
KMB	D	2.16%
GIS	B	2.11%
CVX	D	2.07%
KHC	C	2.01%
PAYX	C	1.9%
OKE	B	1.83%
SYY	D	1.79%
K	A	1.76%
PNC	A	1.72%
VICI	C	1.59%
DRI	B	1.55%
LYB	F	1.25%
OMC	B	1.1%
FANG	D	1.06%
PKG	B	0.95%
IPG	C	0.93%
MAA	C	0.91%
EQR	C	0.85%
ESS	C	0.85%
KIM	C	0.82%
REG	C	0.67%
WPC	C	0.64%
CUBE	B	0.56%
FNF	B	0.56%
GLPI	C	0.52%
ADC	C	0.49%
BRX	B	0.48%
OGE	B	0.44%
NNN	C	0.38%
STAG	D	0.34%
POR	C	0.33%
DTM	A	0.32%
EPRT	A	0.31%
ONB	C	0.3%
NSA	B	0.29%
DOC	C	0.28%
SON	D	0.28%
MSM	D	0.26%
IDA	C	0.25%
EPR	B	0.24%
VLY	C	0.23%
APLE	C	0.22%
OGS	B	0.22%
HIW	B	0.22%
ALE	B	0.21%
BKH	B	0.21%
FNB	D	0.21%
CTRE	C	0.18%
SR	B	0.18%
NJR	B	0.17%
BNL	B	0.16%
AVA	C	0.15%
FULT	D	0.15%
UBSI	C	0.14%
FIBK	C	0.14%
BOH	D	0.13%
LXP	C	0.13%
NTST	D	0.12%
NWE	B	0.12%
ROIC	B	0.12%
CBU	D	0.11%
AUB	D	0.11%
FHB	D	0.11%
NHI	C	0.1%
FCPT	C	0.1%
UVV	D	0.09%
CNA	D	0.09%
CVBF	D	0.09%
LTC	D	0.08%
NWN	C	0.08%
VGR	B	0.08%
PFS	C	0.08%
DEA	B	0.08%
GTY	C	0.07%
UNIT	C	0.07%
LADR	C	0.06%
NBTB	D	0.06%
FFBC	D	0.06%
HOPE	C	0.06%
TOWN	B	0.06%
AAT	B	0.06%
NWBI	C	0.06%
FRME	D	0.06%
WABC	D	0.05%
PFBC	D	0.05%
FCF	C	0.05%

LVHD Underweight 16 Positions Relative to UPW

Symbol	Grade	Weight
NEE	C	-8.94%
CEG	A	-3.12%
SRE	B	-2.69%
D	B	-2.5%
PCG	B	-2.19%
PEG	A	-2.16%
EIX	C	-1.7%
AWK	C	-1.49%
VST	A	-1.37%
ES	C	-1.24%
PPL	B	-1.23%
CMS	B	-1.08%
ATO	B	-1.06%
CNP	D	-0.92%
NRG	A	-0.87%
AES	C	-0.67%