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

$47.11

Average Daily Volume

884,668

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

$34.02

Average Daily Volume

11,256

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPYD	SEF
30 Days	4.23%	-8.55%
60 Days	4.34%	-11.18%
90 Days	6.77%	-11.43%
12 Months	37.28%	-26.95%

28 Overlapping Holdings

Symbol	Grade	Weight in SPYD	Weight in SEF	Overlap
ARE	D	1.05%	0.32%	0.32%
BXP	D	1.34%	0.34%	0.34%
CCI	D	1.13%	1.02%	1.02%
CFG	B	1.27%	0.3%	0.3%
CPT	B	1.21%	0.18%	0.18%
DOC	C	1.15%	0.3%	0.3%
EQR	B	1.2%	0.48%	0.48%
ESS	B	1.21%	0.34%	0.34%
EXR	C	1.16%	0.24%	0.24%
FITB	B	1.31%	0.35%	0.35%
HBAN	B	1.36%	0.26%	0.26%
HST	C	1.15%	0.22%	0.22%
KEY	A	1.39%	0.32%	0.32%
MAA	B	1.26%	0.26%	0.26%
MS	B	1.5%	1.19%	1.19%
MTB	B	1.43%	0.36%	0.36%
O	D	1.13%	0.42%	0.42%
PNC	A	1.34%	1.13%	1.13%
PRU	A	1.18%	0.66%	0.66%
PSA	C	1.3%	0.56%	0.56%
REG	B	1.3%	0.18%	0.18%
RF	B	1.36%	0.27%	0.27%
SPG	C	1.38%	0.76%	0.76%
TFC	B	1.22%	1.27%	1.22%
TROW	A	1.19%	0.52%	0.52%
UDR	B	1.22%	0.23%	0.23%
USB	A	1.28%	1.32%	1.28%
VTR	D	1.36%	0.37%	0.37%

SPYD Overweight 52 Positions Relative to SEF

Symbol	Grade	Weight
K	A	1.61%
OKE	C	1.53%
WMB	B	1.52%
ETR	B	1.52%
KVUE	A	1.5%
KMI	B	1.48%
BMY	B	1.44%
IP	B	1.42%
XEL	A	1.41%
GILD	B	1.38%
KIM	A	1.36%
T	A	1.35%
WEC	A	1.34%
PM	B	1.32%
EVRG	A	1.3%
MO	A	1.29%
IBM	C	1.27%
PNW	B	1.26%
EIX	A	1.26%
D	C	1.26%
VTRS	B	1.25%
EXC	D	1.23%
SO	D	1.22%
IVZ	B	1.22%
BBY	D	1.21%
FRT	A	1.21%
VICI	C	1.2%
HAS	D	1.2%
VZ	B	1.2%
CVX	B	1.19%
UPS	C	1.19%
DUK	C	1.18%
FE	D	1.17%
AMCR	D	1.16%
AEP	D	1.16%
SWK	D	1.13%
ES	D	1.12%
GIS	D	1.1%
FMC	D	1.09%
KHC	D	1.08%
BEN	C	1.08%
ABBV	D	1.07%
SJM	D	1.05%
IPG	C	1.05%
CVS	D	1.04%
CAG	D	1.02%
LYB	F	0.99%
DOW	F	0.94%
PFE	D	0.94%
F	C	0.92%
AES	F	0.92%
WBA	D	0.87%

SPYD Underweight 69 Positions Relative to SEF

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