SPYD vs. REK ETF Comparison

Comparison of SPDR S&P 500 High Dividend ETF (SPYD) to ProShares Short Real Estate (REK)

SPYD

SPDR S&P 500 High Dividend ETF

SPYD Description

The investment seeks to track the performance of the S&P 500 High Dividend Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the top 80 dividend-paying securities listed on the S&P 500® Index, based on dividend yield. The S&P 500 Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.18

Average Daily Volume

1,178,286

Number of Holdings ^*

* may have additional holdings in another (foreign) market

REK

ProShares Short Real Estate

REK Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) 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 the inverse (-1x) 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

$16.54

Average Daily Volume

12,807

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPYD	REK
30 Days	1.50%	0.73%
60 Days	9.07%	-6.22%
90 Days	14.23%	-11.03%
12 Months	38.81%	-21.31%

19 Overlapping Holdings

Symbol	Grade	Weight in SPYD	Weight in REK	Overlap
ARE	D	1.16%	1.46%	1.16%
BXP	B	1.36%	1.56%	1.36%
CCI	D	1.29%	4.7%	1.29%
CPT	C	1.24%	0.83%	0.83%
DOC	C	1.25%	1.4%	1.25%
EQR	C	1.2%	2.24%	1.2%
ESS	D	1.17%	1.59%	1.17%
EXR	D	1.26%	1.13%	1.13%
FRT	D	1.21%	0.71%	0.71%
HST	D	1.17%	1.0%	1.0%
KIM	C	1.26%	0.67%	0.67%
MAA	D	1.26%	1.19%	1.19%
O	C	1.26%	1.94%	1.26%
PSA	C	1.39%	2.58%	1.39%
REG	C	1.27%	0.82%	0.82%
SPG	A	1.29%	3.53%	1.29%
UDR	C	1.24%	1.08%	1.08%
VICI	C	1.24%	0.76%	0.76%
VTR	C	1.37%	1.71%	1.37%

SPYD Overweight 61 Positions Relative to REK

Symbol	Grade	Weight
K	B	1.61%
SWK	C	1.45%
KVUE	C	1.43%
HAS	A	1.4%
BMY	A	1.36%
ETR	A	1.36%
IBM	A	1.36%
AES	C	1.34%
XEL	C	1.33%
FMC	C	1.32%
EIX	C	1.32%
T	B	1.32%
BBY	C	1.32%
WEC	B	1.32%
GIS	C	1.3%
VZ	C	1.3%
GILD	A	1.3%
D	A	1.28%
ABBV	C	1.28%
EXC	C	1.28%
AMCR	C	1.28%
OKE	A	1.28%
FE	C	1.26%
SO	A	1.26%
WMB	A	1.25%
CAG	D	1.25%
EVRG	C	1.25%
PM	D	1.24%
PNW	C	1.24%
KMI	A	1.23%
ES	D	1.23%
AEP	C	1.23%
IP	C	1.22%
KHC	F	1.22%
DUK	C	1.22%
IPG	D	1.21%
CVS	D	1.2%
SJM	D	1.19%
IVZ	A	1.19%
MO	D	1.18%
KEY	B	1.18%
UPS	D	1.18%
RF	B	1.17%
DOW	B	1.17%
FITB	C	1.17%
MS	A	1.17%
PNC	C	1.16%
MTB	A	1.15%
LYB	B	1.15%
USB	C	1.14%
VTRS	D	1.12%
HBAN	B	1.1%
CVX	B	1.1%
PRU	B	1.1%
PFE	D	1.09%
TFC	D	1.09%
CFG	C	1.08%
TROW	D	1.07%
BEN	F	0.99%
F	D	0.9%
WBA	F	0.89%

SPYD Underweight 68 Positions Relative to REK

Symbol	Grade	Weight
AMT	D	-8.05%
PLD	D	-4.64%
EQIX	C	-3.91%
WELL	C	-2.73%
AVB	C	-2.35%
SBAC	C	-2.21%
DLR	C	-2.02%
CSGP	F	-1.85%
WY	C	-1.8%
CBRE	C	-1.59%
INVH	D	-1.28%
WPC	C	-1.12%
SUI	D	-1.12%
NLY	C	-1.08%
ELS	D	-1.0%
MPW	C	-0.9%
VNO	B	-0.83%
AGNC	B	-0.77%
OHI	C	-0.74%
NNN	C	-0.74%
GLPI	C	-0.72%
IRM	B	-0.7%
JLL	C	-0.69%
KRC	C	-0.63%
LAMR	C	-0.62%
AIV	D	-0.61%
SLG	C	-0.58%
STWD	C	-0.56%
AMH	D	-0.54%
DEI	A	-0.54%
COLD	D	-0.53%
CUZ	C	-0.48%
BRX	C	-0.48%
CUBE	C	-0.47%
PK	D	-0.46%
HPP	F	-0.45%
EPR	C	-0.44%
HHH	C	-0.42%
FR	D	-0.42%
EGP	D	-0.41%
HIW	C	-0.41%
REXR	D	-0.41%
BXMT	C	-0.39%
RHP	B	-0.37%
JBGS	C	-0.37%
HR	D	-0.36%
SBRA	C	-0.33%
TWO	D	-0.32%
OUT	C	-0.32%
RYN	C	-0.32%
CIM	C	-0.31%
SVC	D	-0.31%
EQC	D	-0.31%
NHI	C	-0.29%
DSS	F	-0.28%
MFA	C	-0.28%
APLE	B	-0.26%
PEB	D	-0.26%
SHO	B	-0.24%
RLJ	D	-0.23%
PDM	C	-0.23%
PCH	C	-0.23%
BDN	B	-0.22%
PGRE	D	-0.22%
MAC	B	-0.22%
LXP	D	-0.21%
IVR	C	-0.19%
XHR	A	-0.18%