PFLD vs. SRS ETF Comparison

Comparison of AAM Low Duration Preferred and Income Securities ETF (PFLD) to ProShares UltraShort Real Estate (SRS)

PFLD

AAM Low Duration Preferred and Income Securities ETF

PFLD Description

The investment seeks to track the total return performance, before fees and expenses, of the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index. The index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on the New York Stock Exchange (NYSE) or NASDAQ Capital Market (NASDAQ) with an option-adjusted duration of less than 5 years. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Grade (RS Rating)

Last Trade

$21.06

Average Daily Volume

133,225

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SRS

ProShares UltraShort Real Estate

SRS 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. Real EstateSM 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 real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.17

Average Daily Volume

14,976

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFLD	SRS
30 Days	-0.80%	8.68%
60 Days	-0.89%	10.93%
90 Days	1.72%	-4.83%
12 Months	8.39%	-30.08%

1 Overlapping Holdings

	Symbol	Grade	Weight in PFLD	Weight in SRS	Overlap
	AGNC	C	0.89%	0.77%	0.77%

PFLD Overweight 40 Positions Relative to SRS

Symbol	Grade	Weight
TBB	C	1.97%
TBC	C	1.27%
SREA	C	1.17%
CMSD	C	0.98%
PRS	C	0.87%
CHSCL	B	0.84%
DUKB	C	0.78%
QRTEP	C	0.78%
CHSCM	C	0.78%
FITBI	A	0.71%
BAC	A	0.69%
SOJC	C	0.68%
CHSCN	C	0.67%
RZB	C	0.62%
AQNB	C	0.55%
ESGRP	D	0.53%
AGNCN	A	0.52%
UNMA	C	0.47%
WTFCP	A	0.45%
MGR	D	0.45%
CMSC	C	0.43%
NRUC	D	0.38%
DDT	A	0.32%
CMSA	C	0.31%
FCNCO	C	0.3%
SLMBP	C	0.29%
TVE	C	0.29%
NYMTM	A	0.28%
AFGD	A	0.23%
ZIONO	C	0.23%
NYMTN	C	0.21%
NYMTL	A	0.2%
AFGB	C	0.19%
WTFCM	A	0.19%
VLYPP	A	0.18%
ENO	C	0.17%
BPOPM	A	0.16%
VLYPO	A	0.15%
RILYN	D	0.14%
FATBP	F	0.11%

PFLD Underweight 86 Positions Relative to SRS

Symbol	Grade	Weight
AMT	D	-8.05%
CCI	D	-4.7%
PLD	D	-4.64%
EQIX	B	-3.91%
SPG	A	-3.53%
WELL	A	-2.73%
PSA	C	-2.58%
AVB	A	-2.35%
EQR	C	-2.24%
SBAC	D	-2.21%
DLR	A	-2.02%
O	D	-1.94%
CSGP	F	-1.85%
WY	D	-1.8%
VTR	C	-1.71%
ESS	A	-1.59%
CBRE	B	-1.59%
BXP	D	-1.56%
ARE	D	-1.46%
DOC	D	-1.4%
INVH	D	-1.28%
MAA	A	-1.19%
EXR	C	-1.13%
WPC	D	-1.12%
SUI	D	-1.12%
NLY	C	-1.08%
UDR	C	-1.08%
HST	D	-1.0%
ELS	B	-1.0%
MPW	F	-0.9%
VNO	B	-0.83%
CPT	D	-0.83%
REG	A	-0.82%
VICI	C	-0.76%
OHI	C	-0.74%
NNN	D	-0.74%
GLPI	D	-0.72%
FRT	B	-0.71%
IRM	D	-0.7%
JLL	C	-0.69%
KIM	A	-0.67%
KRC	C	-0.63%
LAMR	D	-0.62%
AIV	C	-0.61%
SLG	B	-0.58%
STWD	D	-0.56%
AMH	C	-0.54%
DEI	B	-0.54%
COLD	F	-0.53%
CUZ	B	-0.48%
BRX	A	-0.48%
CUBE	C	-0.47%
PK	C	-0.46%
HPP	F	-0.45%
EPR	D	-0.44%
HHH	B	-0.42%
FR	D	-0.42%
EGP	D	-0.41%
HIW	D	-0.41%
REXR	F	-0.41%
BXMT	D	-0.39%
RHP	B	-0.37%
JBGS	D	-0.37%
HR	C	-0.36%
SBRA	C	-0.33%
TWO	D	-0.32%
OUT	C	-0.32%
RYN	D	-0.32%
CIM	D	-0.31%
SVC	F	-0.31%
EQC	A	-0.31%
NHI	D	-0.29%
DSS	F	-0.28%
MFA	D	-0.28%
APLE	B	-0.26%
PEB	F	-0.26%
SHO	D	-0.24%
RLJ	C	-0.23%
PDM	D	-0.23%
PCH	D	-0.23%
BDN	D	-0.22%
PGRE	C	-0.22%
MAC	A	-0.22%
LXP	D	-0.21%
IVR	D	-0.19%
XHR	B	-0.18%