SDP vs. FDV ETF Comparison

Comparison of ProShares UltraShort Utilities (SDP) to Federated Hermes U.S. Strategic Dividend ETF (FDV)
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

$14.74

Average Daily Volume

35,506

Number of Holdings *

46

* may have additional holdings in another (foreign) market
FDV

Federated Hermes U.S. Strategic Dividend ETF

FDV Description Federated Hermes U.S. Strategic Dividend ETF is an exchange traded fund launched by Federated Hermes, Inc. It is co-managed by Federated Equity Management Company of Pennsylvania. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It employs proprietary research to create its portfolio. Federated Hermes U.S. Strategic Dividend ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$28.06

Average Daily Volume

40,874

Number of Holdings *

51

* may have additional holdings in another (foreign) market
Performance
Period SDP FDV
30 Days -0.94% 0.32%
60 Days -4.63% 1.63%
90 Days -15.23% 3.83%
12 Months -41.97% 24.83%
8 Overlapping Holdings
Symbol Grade Weight in SDP Weight in FDV Overlap
AEP C 4.77% 1.88% 1.88%
DUK C 6.69% 2.69% 2.69%
ETR B 2.46% 2.44% 2.44%
EVRG A 1.5% 2.51% 1.5%
NEE C 12.13% 1.73% 1.73%
PPL A 2.56% 1.4% 1.4%
SO C 6.91% 2.74% 2.74%
WEC A 2.98% 2.05% 2.05%
SDP Overweight 38 Positions Relative to FDV
Symbol Grade Weight
D C 6.77%
EXC C 4.51%
SRE A 4.34%
XEL A 3.36%
ED C 2.94%
PEG A 2.93%
ES C 2.81%
EIX B 2.7%
FE C 2.6%
DTE C 2.52%
AWK C 2.31%
AEE A 1.92%
CMS C 1.82%
LNT A 1.35%
ATO A 1.34%
AES F 1.33%
CNP A 1.33%
WTRG B 1.07%
NI A 1.06%
PNW A 1.03%
VST A 1.01%
NRG B 0.95%
UGI C 0.91%
MDU D 0.58%
IDA A 0.54%
HE C 0.51%
POR C 0.51%
OGS A 0.49%
BKH A 0.49%
SR A 0.42%
ALE A 0.42%
SWX B 0.41%
NJR A 0.41%
PNM B 0.4%
NFG A 0.38%
NWE B 0.37%
AVA A 0.32%
AGR A 0.28%
SDP Underweight 43 Positions Relative to FDV
Symbol Grade Weight
MS A -3.87%
CVX A -3.28%
PNC B -3.28%
GILD C -3.06%
TGT F -3.05%
BMY B -2.81%
AMGN F -2.71%
PEP F -2.46%
VZ C -2.4%
USB A -2.4%
PM B -2.38%
LYB F -2.34%
KIM A -2.32%
CSCO B -2.27%
KVUE A -2.22%
JNJ C -2.19%
DRI B -2.04%
BK A -1.96%
PAYX B -1.96%
TXN C -1.95%
TFC A -1.93%
PLD F -1.91%
UPS C -1.9%
CLX A -1.89%
ABBV F -1.84%
KO D -1.81%
O C -1.8%
NNN C -1.67%
PFE F -1.61%
XOM B -1.56%
AMCR C -1.46%
BBY D -1.45%
CMCSA B -1.36%
MSM C -1.17%
HSY F -1.06%
VLO C -1.01%
GLW B -1.0%
IPG D -0.94%
JPM A -0.92%
EOG A -0.9%
KMB C -0.85%
HRL D -0.71%
CAG F -0.65%
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