GYLD vs. SRS ETF Comparison

Comparison of Arrow Dow Jones Global Yield ETF ETF (GYLD) to ProShares UltraShort Real Estate (SRS)

GYLD

Arrow Dow Jones Global Yield ETF ETF

GYLD Description

The investment seeks investment results that generally correspond, before fees and expenses, to the price and yield performance of the Dow Jones Global Composite Yield Index (the "underlying index"). The fund uses a "passive" or "indexing" investment approach to seek to track the price and yield performance of the underlying index. It invests at least 80% of its total assets in the component securities of the underlying index (or depositary receipts representing those securities). The underlying index seeks to identify the 150 highest yielding investable securities in the world.

Grade (RS Rating)

Last Trade

$13.40

Average Daily Volume

3,084

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SRS

ProShares UltraShort Real Estate

SRS 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. Real EstateSM 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 real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$15.96

Average Daily Volume

51,914

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GYLD	SRS
30 Days	2.14%	-0.81%
60 Days	4.32%	10.84%
90 Days	3.97%	2.97%
12 Months	15.86%	-7.11%

7 Overlapping Holdings

Symbol	Grade	Weight in GYLD	Weight in SRS	Overlap
BDN	B	0.64%	0.22%	0.22%
EPR	C	0.64%	0.44%	0.44%
HIW	B	0.8%	0.41%	0.41%
MPW	D	0.64%	0.9%	0.64%
OHI	B	0.66%	0.74%	0.66%
PDM	B	0.71%	0.23%	0.23%
SVC	F	0.56%	0.31%	0.31%

GYLD Overweight 35 Positions Relative to SRS

Symbol	Grade	Weight
SUN	D	1.27%
KW	C	0.8%
GEL	A	0.79%
NEP	C	0.77%
IIPR	B	0.76%
ARLP	B	0.74%
UAN	B	0.72%
IEP	B	0.72%
KRP	A	0.72%
GMRE	D	0.71%
DEA	B	0.71%
ET	A	0.71%
MO	A	0.71%
ENLC	B	0.7%
WES	A	0.7%
BSM	B	0.7%
AM	A	0.7%
PAA	B	0.69%
PAGP	B	0.69%
MPLX	A	0.68%
SQM	D	0.67%
EPD	B	0.67%
KNTK	A	0.66%
DMLP	D	0.66%
HESM	C	0.66%
GLP	C	0.66%
BNL	C	0.66%
SPH	C	0.65%
CQP	C	0.65%
GNL	D	0.65%
DKL	D	0.65%
USAC	D	0.62%
CAPL	B	0.62%
ETRN	B	0.0%
NRP	B	0.0%

GYLD Underweight 80 Positions Relative to SRS

Symbol	Grade	Weight
AMT	D	-8.05%
CCI	D	-4.7%
PLD	D	-4.64%
EQIX	F	-3.91%
SPG	C	-3.53%
WELL	A	-2.73%
PSA	D	-2.58%
AVB	A	-2.35%
EQR	A	-2.24%
SBAC	D	-2.21%
DLR	D	-2.02%
O	B	-1.94%
CSGP	C	-1.85%
WY	F	-1.8%
VTR	B	-1.71%
ESS	A	-1.59%
CBRE	D	-1.59%
BXP	F	-1.56%
ARE	D	-1.46%
DOC	A	-1.4%
INVH	B	-1.28%
MAA	B	-1.19%
EXR	D	-1.13%
WPC	C	-1.12%
SUI	D	-1.12%
NLY	A	-1.08%
UDR	B	-1.08%
HST	D	-1.0%
ELS	D	-1.0%
VNO	F	-0.83%
CPT	B	-0.83%
REG	F	-0.82%
AGNC	C	-0.77%
VICI	B	-0.76%
NNN	B	-0.74%
GLPI	D	-0.72%
FRT	B	-0.71%
IRM	C	-0.7%
JLL	C	-0.69%
KIM	C	-0.67%
KRC	F	-0.63%
LAMR	B	-0.62%
AIV	B	-0.61%
SLG	B	-0.58%
STWD	C	-0.56%
AMH	B	-0.54%
DEI	B	-0.54%
COLD	F	-0.53%
CUZ	B	-0.48%
BRX	C	-0.48%
CUBE	D	-0.47%
PK	D	-0.46%
HPP	F	-0.45%
HHH	D	-0.42%
FR	D	-0.42%
EGP	D	-0.41%
REXR	D	-0.41%
BXMT	D	-0.39%
RHP	D	-0.37%
JBGS	F	-0.37%
HR	B	-0.36%
SBRA	A	-0.33%
TWO	B	-0.32%
OUT	D	-0.32%
RYN	F	-0.32%
CIM	F	-0.31%
EQC	B	-0.31%
NHI	A	-0.29%
DSS	F	-0.28%
MFA	D	-0.28%
APLE	F	-0.26%
PEB	F	-0.26%
SHO	D	-0.24%
RLJ	F	-0.23%
PCH	D	-0.23%
PGRE	B	-0.22%
MAC	D	-0.22%
LXP	D	-0.21%
IVR	B	-0.19%
XHR	D	-0.18%