BRNY vs. SDP ETF Comparison

Comparison of Burney U.S. Factor Rotation ETF (BRNY) to ProShares UltraShort Utilities (SDP)

BRNY

Burney U.S. Factor Rotation ETF

BRNY Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks long term growth of capital. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets plus the amount of any borrowings for investment purposes in U.S. listed common stock. The fund will invest its assets in common stocks of large, mid, and small-capitalization companies.

Grade (RS Rating)

Last Trade

$42.96

Average Daily Volume

10,353

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

$14.92

Average Daily Volume

35,154

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BRNY	SDP
30 Days	7.37%	2.33%
60 Days	9.01%	-1.82%
90 Days	10.60%	-14.20%
12 Months	43.45%	-41.26%

1 Overlapping Holdings

	Symbol	Grade	Weight in BRNY	Weight in SDP	Overlap
	UGI	A	1.15%	0.91%	0.91%

BRNY Overweight 77 Positions Relative to SDP

Symbol	Grade	Weight
FTNT	C	5.76%
NVDA	C	5.18%
TXRH	C	4.9%
META	D	4.87%
AAPL	C	4.6%
COR	B	4.56%
TOL	B	4.33%
TT	A	4.01%
WAB	B	3.9%
PGR	A	3.75%
PANW	C	3.2%
GOOGL	C	2.87%
MCO	B	2.64%
EXEL	B	2.59%
G	B	2.02%
APP	B	1.95%
NFLX	A	1.92%
BRBR	A	1.83%
QCOM	F	1.61%
ANET	C	1.44%
APH	A	1.29%
COLL	F	1.27%
EME	C	1.12%
VERX	B	1.02%
DOCS	C	0.93%
PLTR	B	0.89%
HWM	A	0.87%
EA	A	0.8%
SFM	A	0.75%
CORT	B	0.68%
YOU	D	0.59%
TRGP	B	0.59%
ALSN	B	0.56%
SPG	B	0.55%
MS	A	0.54%
SYF	B	0.54%
DOCU	A	0.53%
KMI	A	0.53%
INCY	C	0.53%
WFC	A	0.53%
CBOE	B	0.52%
BURL	A	0.51%
JPM	A	0.51%
ALL	A	0.5%
WING	D	0.5%
EBAY	D	0.5%
BK	A	0.49%
EXP	A	0.49%
GWRE	A	0.49%
PRG	C	0.49%
AER	B	0.48%
NTAP	C	0.48%
LII	A	0.48%
GRBK	D	0.47%
VRTX	F	0.47%
UTHR	C	0.46%
LIN	D	0.46%
VICI	C	0.46%
TGTX	B	0.45%
AVGO	D	0.45%
PHM	D	0.42%
CACI	D	0.42%
SN	D	0.42%
ALNY	D	0.4%
ETN	A	0.39%
AMAT	F	0.39%
TPH	D	0.37%
JAMF	F	0.36%
MMC	B	0.36%
CNC	D	0.34%
LOPE	B	0.29%
ROST	C	0.26%
TSCO	D	0.25%
ACGL	D	0.24%
DFIN	D	0.23%
NVT	B	0.22%
KLAC	D	0.2%

BRNY Underweight 45 Positions Relative to SDP

Symbol	Grade	Weight
NEE	D	-12.13%
SO	D	-6.91%
D	C	-6.77%
DUK	C	-6.69%
AEP	D	-4.77%
EXC	C	-4.51%
SRE	A	-4.34%
XEL	A	-3.36%
WEC	A	-2.98%
ED	D	-2.94%
PEG	A	-2.93%
ES	D	-2.81%
EIX	B	-2.7%
FE	C	-2.6%
PPL	B	-2.56%
DTE	C	-2.52%
ETR	B	-2.46%
AWK	D	-2.31%
AEE	A	-1.92%
CMS	C	-1.82%
EVRG	A	-1.5%
LNT	A	-1.35%
ATO	A	-1.34%
AES	F	-1.33%
CNP	B	-1.33%
WTRG	B	-1.07%
NI	A	-1.06%
PNW	B	-1.03%
VST	B	-1.01%
NRG	B	-0.95%
MDU	D	-0.58%
IDA	A	-0.54%
HE	C	-0.51%
POR	C	-0.51%
OGS	A	-0.49%
BKH	A	-0.49%
SR	A	-0.42%
ALE	A	-0.42%
SWX	B	-0.41%
NJR	A	-0.41%
PNM	F	-0.4%
NFG	A	-0.38%
NWE	B	-0.37%
AVA	A	-0.32%
AGR	B	-0.28%