SPYD vs. SEF ETF Comparison

Comparison of SPDR S&P 500 High Dividend ETF (SPYD) to ProShares Short Financials (SEF)

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

SEF

ProShares Short Financials

SEF 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. FinancialsSM 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 financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$9.47

Average Daily Volume

72,662

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPYD	SEF
30 Days	1.50%	-0.14%
60 Days	9.07%	-9.58%
90 Days	14.23%	-7.75%
12 Months	38.81%	-24.02%

28 Overlapping Holdings

Symbol	Grade	Weight in SPYD	Weight in SEF	Overlap
ARE	D	1.16%	0.32%	0.32%
BXP	B	1.36%	0.34%	0.34%
CCI	D	1.29%	1.02%	1.02%
CFG	C	1.08%	0.3%	0.3%
CPT	C	1.24%	0.18%	0.18%
DOC	C	1.25%	0.3%	0.3%
EQR	C	1.2%	0.48%	0.48%
ESS	D	1.17%	0.34%	0.34%
EXR	D	1.26%	0.24%	0.24%
FITB	C	1.17%	0.35%	0.35%
HBAN	B	1.1%	0.26%	0.26%
HST	D	1.17%	0.22%	0.22%
KEY	B	1.18%	0.32%	0.32%
MAA	D	1.26%	0.26%	0.26%
MS	A	1.17%	1.19%	1.17%
MTB	A	1.15%	0.36%	0.36%
O	C	1.26%	0.42%	0.42%
PNC	C	1.16%	1.13%	1.13%
PRU	B	1.1%	0.66%	0.66%
PSA	C	1.39%	0.56%	0.56%
REG	C	1.27%	0.18%	0.18%
RF	B	1.17%	0.27%	0.27%
SPG	A	1.29%	0.76%	0.76%
TFC	D	1.09%	1.27%	1.09%
TROW	D	1.07%	0.52%	0.52%
UDR	C	1.24%	0.23%	0.23%
USB	C	1.14%	1.32%	1.14%
VTR	C	1.37%	0.37%	0.37%

SPYD Overweight 52 Positions Relative to SEF

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%
KIM	C	1.26%
WMB	A	1.25%
CAG	D	1.25%
EVRG	C	1.25%
PM	D	1.24%
VICI	C	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%
FRT	D	1.21%
CVS	D	1.2%
SJM	D	1.19%
IVZ	A	1.19%
MO	D	1.18%
UPS	D	1.18%
DOW	B	1.17%
LYB	B	1.15%
VTRS	D	1.12%
CVX	B	1.1%
PFE	D	1.09%
BEN	F	0.99%
F	D	0.9%
WBA	F	0.89%

SPYD Underweight 69 Positions Relative to SEF

Symbol	Grade	Weight
BRK.A	B	-7.56%
JPM	C	-7.27%
V	B	-5.88%
MA	A	-4.83%
BAC	B	-4.46%
WFC	B	-3.19%
C	B	-2.98%
AMT	D	-1.74%
AXP	A	-1.49%
GS	B	-1.34%
CME	A	-1.25%
SPGI	C	-1.22%
CB	A	-1.17%
BLK	A	-1.06%
PLD	D	-1.0%
MMC	D	-0.97%
SCHW	D	-0.93%
ICE	A	-0.91%
EQIX	C	-0.84%
AON	A	-0.83%
COF	A	-0.81%
AIG	C	-0.77%
PGR	B	-0.75%
MCO	D	-0.7%
MET	A	-0.69%
BX	C	-0.67%
AFL	A	-0.66%
BK	A	-0.65%
ALL	A	-0.64%
TRV	B	-0.61%
WELL	C	-0.59%
AVB	C	-0.51%
STT	A	-0.5%
SBAC	C	-0.48%
DLR	C	-0.44%
WTW	C	-0.44%
DFS	A	-0.44%
MSCI	B	-0.4%
CSGP	F	-0.4%
WY	C	-0.39%
NTRS	B	-0.39%
AMP	A	-0.37%
HIG	A	-0.37%
SYF	A	-0.36%
CBRE	C	-0.34%
ACGL	A	-0.31%
AJG	C	-0.3%
INVH	D	-0.28%
MKL	B	-0.28%
CINF	A	-0.27%
PFG	A	-0.25%
MKTX	B	-0.24%
WPC	C	-0.24%
SUI	D	-0.24%
L	C	-0.23%
NLY	C	-0.23%
ELS	D	-0.22%
FNF	C	-0.22%
NDAQ	C	-0.21%
RJF	B	-0.2%
LNC	B	-0.2%
EG	A	-0.19%
MPW	C	-0.19%
ALLY	F	-0.19%
EQH	B	-0.19%
GL	C	-0.18%
FDS	C	-0.18%
VNO	B	-0.18%
WRB	C	-0.17%