SDP vs. UTES ETF Comparison
Comparison of ProShares UltraShort Utilities (SDP) to Reaves Utilities ETF (UTES)
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
$15.47
Average Daily Volume
35,309
46
UTES
Reaves Utilities ETF
UTES Description
ETFis Series Trust I - Reaves Utilities ETF is an exchange traded fund launched and managed by Virtus ETF Advisers LLC. The fund is co-managed by W. H. Reaves & Co., Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the utilities sector. It invests in dividend yielding stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stock picking approach with a focus on factors such as conservative capital structures, solid balance sheets, history of and/or potential for growing earnings and raising dividends, lower-than-market levels of volatility, correlation or similar characteristics earnings and cash flow potential, dividend prospects and tax treatment of dividends, strength of business franchises and estimates of net asset value to create its portfolio. ETFis Series Trust I - Reaves Utilities ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$66.58
Average Daily Volume
77,428
16
Performance
| Period | SDP | UTES |
|---|---|---|
| 30 Days | 4.93% | 1.85% |
| 60 Days | -4.93% | 11.75% |
| 90 Days | -12.12% | 20.59% |
| 12 Months | -39.44% | 54.80% |
15 Overlapping Holdings
| Symbol | Grade | Weight in SDP | Weight in UTES | Overlap | |
|---|---|---|---|---|---|
| ATO | A | 1.34% | 4.39% | 1.34% | |
| CMS | C | 1.82% | 2.68% | 1.82% | |
| CNP | A | 1.33% | 1.69% | 1.33% | |
| DTE | C | 2.52% | 3.69% | 2.52% | |
| ETR | A | 2.46% | 4.74% | 2.46% | |
| IDA | A | 0.54% | 3.87% | 0.54% | |
| NEE | C | 12.13% | 14.41% | 12.13% | |
| NI | A | 1.06% | 3.82% | 1.06% | |
| PEG | C | 2.93% | 4.51% | 2.93% | |
| PNM | B | 0.4% | 4.21% | 0.4% | |
| PNW | A | 1.03% | 4.63% | 1.03% | |
| PPL | A | 2.56% | 4.4% | 2.56% | |
| SRE | A | 4.34% | 5.08% | 4.34% | |
| VST | A | 1.01% | 13.81% | 1.01% | |
| XEL | A | 3.36% | 4.26% | 3.36% |
SDP Overweight 31 Positions Relative to UTES
| Symbol | Grade | Weight | |
|---|---|---|---|
| SO | C | 6.91% | |
| D | C | 6.77% | |
| DUK | C | 6.69% | |
| AEP | C | 4.77% | |
| EXC | C | 4.51% | |
| WEC | A | 2.98% | |
| ED | D | 2.94% | |
| ES | C | 2.81% | |
| EIX | C | 2.7% | |
| FE | C | 2.6% | |
| AWK | C | 2.31% | |
| AEE | A | 1.92% | |
| EVRG | A | 1.5% | |
| LNT | A | 1.35% | |
| AES | F | 1.33% | |
| WTRG | B | 1.07% | |
| NRG | B | 0.95% | |
| UGI | C | 0.91% | |
| MDU | D | 0.58% | |
| HE | D | 0.51% | |
| POR | C | 0.51% | |
| OGS | A | 0.49% | |
| BKH | A | 0.49% | |
| SR | A | 0.42% | |
| ALE | A | 0.42% | |
| SWX | A | 0.41% | |
| NJR | A | 0.41% | |
| NFG | A | 0.38% | |
| NWE | C | 0.37% | |
| AVA | C | 0.32% | |
| AGR | A | 0.28% |
SDP Underweight 1 Positions Relative to UTES
| Symbol | Grade | Weight | |
|---|---|---|---|
| CEG | D | -10.62% |
SDP: Top Represented Industries & Keywords
UTES: Top Represented Industries & Keywords
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