WBIY vs. SDP ETF Comparison

Comparison of WBI Power Factor High Dividend ETF (WBIY) to ProShares UltraShort Utilities (SDP)

WBIY

WBI Power Factor High Dividend ETF

WBIY Description

The investment seeks long term-capital appreciation while also seeking to protect principal during unfavorable market conditions. The fund will seek to achieve its investment objective by using a broad and flexible investment strategy and may invest directly in different types of instruments, such as: stocks and bonds issued by public and private companies and bonds issued by governments and governmental agencies ("Direct Investments"); and shares of funds that invest directly in such instruments. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.47

Average Daily Volume

5,751

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$16.04

Average Daily Volume

35,896

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WBIY	SDP
30 Days	0.43%	6.48%
60 Days	3.61%	0.10%
90 Days	6.13%	-8.77%
12 Months	25.72%	-37.29%

3 Overlapping Holdings

Symbol	Grade	Weight in WBIY	Weight in SDP	Overlap
BKH	A	0.8%	0.49%	0.49%
D	D	4.71%	6.77%	4.71%
UGI	D	1.4%	0.91%	0.91%

WBIY Overweight 46 Positions Relative to SDP

Symbol	Grade	Weight
MO	A	5.35%
KMI	B	5.31%
F	C	5.01%
UPS	C	4.7%
T	A	4.7%
LYB	F	4.58%
VZ	D	4.56%
CAG	F	4.43%
KSS	D	4.13%
BEN	C	3.42%
DINO	D	3.16%
M	C	3.01%
WHR	B	2.98%
CVX	A	2.36%
CRI	D	1.91%
OMF	A	1.9%
VLY	B	1.86%
COLB	A	1.81%
HBAN	A	1.72%
RF	A	1.71%
CFG	B	1.62%
PRU	B	1.52%
CNH	D	1.49%
IPG	F	1.44%
WU	F	1.4%
CVS	F	1.29%
FULT	B	1.11%
TNL	A	1.1%
HESM	C	0.99%
MAN	F	0.93%
KNTK	B	0.78%
PINC	B	0.76%
CWEN	D	0.72%
DIN	C	0.68%
APAM	B	0.65%
FIBK	B	0.61%
GES	F	0.54%
WSBC	B	0.36%
HOPE	B	0.34%
GSL	F	0.32%
EMBC	C	0.29%
METC	C	0.29%
BRKL	B	0.29%
VRTS	B	0.28%
OCFC	B	0.27%
ASC	F	0.24%

WBIY Underweight 43 Positions Relative to SDP

Symbol	Grade	Weight
NEE	D	-12.13%
SO	D	-6.91%
DUK	D	-6.69%
AEP	D	-4.77%
EXC	C	-4.51%
SRE	B	-4.34%
XEL	A	-3.36%
WEC	B	-2.98%
ED	D	-2.94%
PEG	C	-2.93%
ES	D	-2.81%
EIX	C	-2.7%
FE	D	-2.6%
PPL	A	-2.56%
DTE	D	-2.52%
ETR	B	-2.46%
AWK	D	-2.31%
AEE	B	-1.92%
CMS	D	-1.82%
EVRG	A	-1.5%
LNT	C	-1.35%
ATO	B	-1.34%
AES	F	-1.33%
CNP	B	-1.33%
WTRG	C	-1.07%
NI	A	-1.06%
PNW	A	-1.03%
VST	B	-1.01%
NRG	C	-0.95%
MDU	D	-0.58%
IDA	A	-0.54%
HE	F	-0.51%
POR	D	-0.51%
OGS	B	-0.49%
SR	C	-0.42%
ALE	A	-0.42%
SWX	B	-0.41%
NJR	A	-0.41%
PNM	B	-0.4%
NFG	D	-0.38%
NWE	C	-0.37%
AVA	C	-0.32%
AGR	C	-0.28%