FUTY vs. UPW ETF Comparison

Comparison of Fidelity MSCI Utilities Index ETF (FUTY) to ProShares Ultra Utilities (UPW)

FUTY

Fidelity MSCI Utilities Index ETF

FUTY Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Utilities Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Utilities Index, which represents the performance of the utilities sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Utilities Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.38

Average Daily Volume

143,301

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UPW

ProShares Ultra Utilities

UPW Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) 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

$61.42

Average Daily Volume

4,001

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FUTY	UPW
30 Days	-3.71%	-7.80%
60 Days	5.14%	8.95%
90 Days	8.43%	15.22%
12 Months	7.65%	4.51%

31 Overlapping Holdings

Symbol	Grade	Weight in FUTY	Weight in UPW	Overlap
AEE	D	1.6%	1.45%	1.45%
AEP	C	3.97%	3.62%	3.62%
AES	C	1.2%	0.99%	0.99%
ATO	B	1.5%	1.37%	1.37%
AWK	B	2.16%	1.96%	1.96%
CEG	B	5.95%	5.31%	5.31%
CMS	D	1.53%	1.37%	1.37%
CNP	A	1.68%	1.52%	1.52%
D	D	3.65%	3.24%	3.24%
DTE	C	2.0%	1.79%	1.79%
DUK	C	6.71%	6.09%	6.09%
ED	D	2.69%	2.45%	2.45%
EIX	D	2.43%	2.15%	2.15%
ES	D	1.76%	1.58%	1.58%
ETR	D	1.96%	1.76%	1.76%
EVRG	D	1.04%	0.95%	0.95%
EXC	D	3.04%	2.74%	2.74%
FE	D	1.81%	1.55%	1.55%
LNT	C	1.1%	0.99%	0.99%
NEE	B	12.9%	11.62%	11.62%
NI	B	1.09%	0.91%	0.91%
NRG	B	1.46%	1.39%	1.39%
PCG	C	3.2%	2.97%	2.97%
PEG	B	3.13%	2.85%	2.85%
PNW	C	0.75%	0.67%	0.67%
PPL	C	1.78%	1.61%	1.61%
SO	B	7.37%	6.64%	6.64%
SRE	B	4.13%	3.69%	3.69%
VST	C	2.64%	2.21%	2.21%
WEC	D	2.13%	1.94%	1.94%
XEL	D	2.59%	2.3%	2.3%

FUTY Overweight 34 Positions Relative to UPW

Symbol	Grade	Weight
WTRG	C	0.82%
OGE	B	0.61%
NFG	C	0.41%
IDA	D	0.4%
UGI	D	0.4%
POR	D	0.37%
SWX	D	0.36%
NJR	D	0.36%
ORA	C	0.35%
BKH	C	0.31%
ALE	B	0.31%
OGS	F	0.29%
PNM	D	0.28%
OTTR	D	0.28%
SR	D	0.27%
NWE	D	0.26%
MGEE	D	0.24%
CWT	D	0.24%
NEP	F	0.23%
AVA	D	0.23%
AWR	D	0.22%
CPK	D	0.2%
CWEN	B	0.19%
SJW	F	0.14%
NWN	F	0.11%
HE	F	0.09%
MSEX	F	0.08%
UTL	D	0.07%
CWEN	B	0.07%
YORW	D	0.05%
NOVA	C	0.05%
AMPS	C	0.03%
GNE	F	0.02%
MNTK	C	0.02%

FUTY Underweight 0 Positions Relative to UPW

	Symbol	Grade	Weight