SDP vs. INFR ETF Comparison

Comparison of ProShares UltraShort Utilities (SDP) to ClearBridge Sustainable Infrastructure ETF (INFR)

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

$10.47

Average Daily Volume

16,620

Number of Holdings ^*

* may have additional holdings in another (foreign) market

INFR

ClearBridge Sustainable Infrastructure ETF

INFR Description

The fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in securities that compose its underlying index. The underlying index is composed of equity securities in developed and developing markets that are included in the MSCI ACWI All Cap Index. Companies in the MSCI ACWI All Cap Index are screened to include only companies within the Global Industry Classification Standard (GICS) sub-industries and are classified into infrastructure sectors.

Grade (RS Rating)

Last Trade

$23.72

Average Daily Volume

149

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SDP	INFR
30 Days	7.73%	-2.39%
60 Days	0.30%	-0.42%
90 Days	-9.52%	2.24%
12 Months	-9.88%	-2.65%

2 Overlapping Holdings

	Symbol	Grade	Weight in SDP	Weight in INFR	Overlap
	ES	C	2.81%	3.58%	2.81%
	NEE	D	12.13%	5.9%	5.9%

SDP Overweight 44 Positions Relative to INFR

Symbol	Grade	Weight
SO	B	6.91%
D	C	6.77%
DUK	C	6.69%
AEP	C	4.77%
EXC	D	4.51%
SRE	B	4.34%
XEL	D	3.36%
WEC	D	2.98%
ED	D	2.94%
PEG	B	2.93%
EIX	C	2.7%
FE	C	2.6%
PPL	D	2.56%
DTE	D	2.52%
ETR	D	2.46%
AWK	B	2.31%
AEE	D	1.92%
CMS	D	1.82%
EVRG	D	1.5%
LNT	B	1.35%
ATO	D	1.34%
AES	D	1.33%
CNP	B	1.33%
WTRG	C	1.07%
NI	B	1.06%
PNW	C	1.03%
VST	C	1.01%
NRG	D	0.95%
UGI	D	0.91%
MDU	C	0.58%
IDA	D	0.54%
HE	F	0.51%
POR	D	0.51%
OGS	C	0.49%
BKH	D	0.49%
SR	C	0.42%
ALE	C	0.42%
SWX	D	0.41%
NJR	D	0.41%
PNM	D	0.4%
NFG	D	0.38%
NWE	D	0.37%
AVA	D	0.32%
AGR	C	0.28%

SDP Underweight 2 Positions Relative to INFR

	Symbol	Grade	Weight
	CSX	D	-4.25%
	CCI	D	-3.66%