LVHD vs. SRS ETF Comparison

Comparison of Legg Mason Low Volatility High Dividend ETF (LVHD) to ProShares UltraShort Real Estate (SRS)

LVHD

Legg Mason Low Volatility High Dividend ETF

LVHD Description

The investment seeks to track the investment results of the QS Low Volatility High Dividend Index (the "underlying index"). The fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in securities that compose the underlying index. The underlying index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility.

Grade (RS Rating)

Last Trade

$40.82

Average Daily Volume

43,099

Number of Holdings ^*

118

* 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

$45.72

Average Daily Volume

14,715

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LVHD	SRS
30 Days	1.05%	1.06%
60 Days	1.24%	4.22%
90 Days	4.51%	-2.87%
12 Months	21.71%	-33.05%

19 Overlapping Holdings

Symbol	Grade	Weight in LVHD	Weight in SRS	Overlap
APLE	B	0.24%	0.26%	0.24%
BRX	A	0.5%	0.48%	0.48%
CUBE	D	0.49%	0.47%	0.47%
DOC	D	0.26%	1.4%	0.26%
EPR	D	0.22%	0.44%	0.22%
EQR	B	0.8%	2.24%	0.8%
ESS	B	0.83%	1.59%	0.83%
FRT	B	0.51%	0.71%	0.51%
GLPI	C	0.48%	0.72%	0.48%
HIW	D	0.2%	0.41%	0.2%
HST	C	1.01%	1.0%	1.0%
KIM	A	0.84%	0.67%	0.67%
LXP	D	0.12%	0.21%	0.12%
MAA	B	0.87%	1.19%	0.87%
NHI	D	0.13%	0.29%	0.13%
NNN	D	0.33%	0.74%	0.33%
REG	B	0.63%	0.82%	0.63%
VICI	C	1.4%	0.76%	0.76%
WPC	D	0.53%	1.12%	0.53%

LVHD Overweight 99 Positions Relative to SRS

Symbol	Grade	Weight
MO	A	2.78%
MCD	D	2.71%
CVX	A	2.69%
HD	A	2.66%
USB	A	2.58%
CSCO	B	2.57%
LMT	D	2.54%
IBM	C	2.47%
PM	B	2.44%
SO	D	2.41%
PEP	F	2.39%
DUK	C	2.33%
MDLZ	F	2.32%
KO	D	2.3%
JNJ	D	2.29%
KDP	D	2.26%
OKE	A	2.18%
HSY	F	2.14%
KMB	D	2.1%
AEP	D	2.07%
PAYX	C	2.07%
PNC	B	2.01%
GIS	D	1.87%
XEL	A	1.84%
EXC	C	1.83%
SYY	B	1.81%
K	A	1.76%
DRI	B	1.65%
ETR	B	1.65%
WEC	A	1.48%
ED	D	1.28%
OMC	C	1.17%
LYB	F	1.16%
FANG	D	1.14%
PKG	A	1.06%
AEE	A	1.04%
NI	A	1.04%
DTE	C	1.02%
EVRG	A	0.93%
IPG	D	0.9%
PNW	B	0.71%
LNT	A	0.67%
FNF	B	0.54%
ADC	B	0.5%
DTM	B	0.42%
OGE	B	0.37%
ONB	B	0.35%
WTRG	B	0.34%
CTRE	D	0.31%
EPRT	B	0.31%
AFG	A	0.31%
STAG	F	0.31%
POR	C	0.31%
VLY	B	0.29%
MSM	C	0.28%
IDA	A	0.28%
SON	D	0.27%
FNB	A	0.25%
NSA	D	0.25%
OGS	A	0.23%
BKH	A	0.22%
INSW	F	0.22%
SR	A	0.19%
ALE	A	0.19%
FHI	A	0.17%
FIBK	A	0.17%
NJR	A	0.17%
FULT	A	0.17%
BOH	B	0.16%
UBSI	B	0.16%
BNL	D	0.15%
CBU	B	0.14%
FHB	A	0.14%
AVA	A	0.14%
AUB	B	0.13%
NWE	B	0.13%
ROIC	A	0.13%
CNA	B	0.12%
CVBF	A	0.12%
NTST	D	0.11%
FCPT	C	0.11%
PFS	B	0.1%
FRME	B	0.08%
DEA	D	0.08%
LTC	B	0.08%
NWN	A	0.08%
TOWN	B	0.07%
NBTB	B	0.07%
HOPE	B	0.07%
UVV	B	0.07%
FFBC	A	0.07%
UNIT	B	0.07%
GTY	B	0.07%
NWBI	B	0.07%
PINC	B	0.06%
AAT	B	0.06%
PFBC	B	0.06%
LADR	B	0.06%
FCF	A	0.06%

LVHD Underweight 68 Positions Relative to SRS

Symbol	Grade	Weight
AMT	D	-8.05%
CCI	D	-4.7%
PLD	D	-4.64%
EQIX	A	-3.91%
SPG	B	-3.53%
WELL	A	-2.73%
PSA	D	-2.58%
AVB	B	-2.35%
SBAC	D	-2.21%
DLR	B	-2.02%
O	D	-1.94%
CSGP	D	-1.85%
WY	D	-1.8%
VTR	C	-1.71%
CBRE	B	-1.59%
BXP	D	-1.56%
ARE	D	-1.46%
INVH	D	-1.28%
EXR	D	-1.13%
SUI	D	-1.12%
NLY	C	-1.08%
UDR	B	-1.08%
ELS	C	-1.0%
MPW	F	-0.9%
VNO	B	-0.83%
CPT	B	-0.83%
AGNC	D	-0.77%
OHI	C	-0.74%
IRM	D	-0.7%
JLL	D	-0.69%
KRC	C	-0.63%
LAMR	D	-0.62%
AIV	C	-0.61%
SLG	B	-0.58%
STWD	C	-0.56%
AMH	D	-0.54%
DEI	B	-0.54%
COLD	D	-0.53%
CUZ	B	-0.48%
PK	B	-0.46%
HPP	F	-0.45%
HHH	B	-0.42%
FR	C	-0.42%
EGP	F	-0.41%
REXR	F	-0.41%
BXMT	C	-0.39%
RHP	B	-0.37%
JBGS	D	-0.37%
HR	C	-0.36%
SBRA	C	-0.33%
TWO	D	-0.32%
OUT	A	-0.32%
RYN	D	-0.32%
CIM	D	-0.31%
SVC	F	-0.31%
EQC	B	-0.31%
DSS	F	-0.28%
MFA	D	-0.28%
PEB	D	-0.26%
SHO	C	-0.24%
RLJ	C	-0.23%
PDM	D	-0.23%
PCH	D	-0.23%
BDN	C	-0.22%
PGRE	F	-0.22%
MAC	B	-0.22%
IVR	F	-0.19%
XHR	B	-0.18%