TMDV vs. HDLB ETF Comparison

Comparison of ProShares Russell US Dividend Growers ETF (TMDV) to ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044 (HDLB)

TMDV

ProShares Russell US Dividend Growers ETF

TMDV Description

The investment seeks investment results, before fees and expenses, that track the performance of the Russell 3000® Dividend Elite Index (the index). The index, constructed and maintained by FTSE International Limited, targets companies that are currently members of the Russell 3000 Index, have increased dividend payments each year for at least 35 years, and meet certain liquidity requirements. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities.

Grade (RS Rating)

Last Trade

$51.58

Average Daily Volume

403

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HDLB

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044

HDLB Description

The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive US High Dividend Low Volatility Index. The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U.S. listed stocks by market capitalization, as described herein. The Securities seek to approximate the monthly returns that might be available to investors through a leveraged “long” investment in the index constituent securities.

Grade (RS Rating)

Last Trade

$15.47

Average Daily Volume

2,747

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TMDV	HDLB
30 Days	5.55%	7.94%
60 Days	4.51%	10.30%
90 Days	5.61%	16.56%
12 Months	18.62%	62.41%

1 Overlapping Holdings

	Symbol	Grade	Weight in TMDV	Weight in HDLB	Overlap
	ED	D	1.46%	1.85%	1.46%

TMDV Overweight 61 Positions Relative to HDLB

Symbol	Grade	Weight
EMR	A	2.03%
GWW	A	1.91%
APD	A	1.89%
RLI	A	1.8%
CVX	B	1.8%
RPM	A	1.8%
TROW	A	1.79%
CBSH	B	1.79%
GRC	B	1.78%
WMT	B	1.76%
BEN	C	1.75%
ATO	A	1.74%
UBSI	B	1.74%
DOV	A	1.74%
CINF	A	1.73%
ADP	B	1.71%
ITW	A	1.69%
ORI	A	1.67%
ABM	B	1.67%
NWN	A	1.66%
LOW	C	1.66%
NUE	D	1.65%
CSL	B	1.65%
MSEX	B	1.64%
NFG	B	1.62%
BKH	B	1.62%
UVV	B	1.62%
AWR	B	1.61%
SCL	C	1.61%
NDSN	B	1.6%
MSA	C	1.58%
SHW	A	1.58%
UGI	A	1.57%
ABT	B	1.57%
CLX	C	1.57%
MCD	D	1.56%
LANC	C	1.56%
AFL	B	1.56%
SPGI	C	1.52%
FRT	A	1.51%
PG	A	1.5%
PPG	D	1.5%
BDX	F	1.48%
MDT	D	1.45%
SYY	C	1.45%
FUL	D	1.45%
CWT	D	1.45%
JNJ	D	1.44%
MKC	D	1.44%
SJW	D	1.44%
KMB	C	1.43%
HRL	D	1.43%
SON	D	1.4%
GPC	D	1.39%
UHT	D	1.39%
ADM	F	1.39%
PEP	F	1.38%
KO	D	1.37%
SWK	D	1.36%
CL	D	1.34%
TGT	F	1.24%

TMDV Underweight 36 Positions Relative to HDLB

Symbol	Grade	Weight
PFE	D	-13.4%
ABBV	D	-9.8%
VZ	B	-9.25%
T	A	-8.79%
GILD	B	-5.14%
IBM	C	-5.12%
PM	B	-3.83%
DUK	C	-3.27%
MO	A	-3.18%
SO	D	-2.94%
D	C	-2.76%
AEP	D	-2.58%
O	D	-2.51%
VICI	C	-1.93%
KHC	D	-1.93%
ETR	B	-1.73%
SRE	A	-1.71%
PPL	B	-1.48%
K	A	-1.47%
NLY	B	-1.43%
FE	D	-1.42%
EIX	A	-1.34%
IP	B	-1.22%
MPW	F	-1.04%
AGNC	D	-1.03%
NI	A	-0.91%
PNW	B	-0.78%
WPC	D	-0.76%
WU	D	-0.73%
ARCC	A	-0.46%
GLPI	B	-0.44%
OGE	A	-0.43%
STAG	D	-0.4%
FSK	A	-0.25%
KD	B	-0.14%
ONL	C	-0.07%