SDD vs. FUTY ETF Comparison

Comparison of ProShares UltraShort SmallCap600 (SDD) to Fidelity MSCI Utilities Index ETF (FUTY)

SDD

ProShares UltraShort SmallCap600

SDD 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 S&P SmallCap 600®. 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 is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$18.03

Average Daily Volume

1,797

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$46.05

Average Daily Volume

146,753

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SDD	FUTY
30 Days	-0.94%	8.10%
60 Days	-2.43%	12.83%
90 Days	-6.23%	19.57%
12 Months	-29.46%	6.50%

4 Overlapping Holdings

Symbol	Grade	Weight in SDD	Weight in FUTY	Overlap
AVA	B	0.42%	0.26%	0.26%
AWR	B	0.41%	0.23%	0.23%
CWT	B	0.32%	0.25%	0.25%
NWN	B	0.28%	0.13%	0.13%

SDD Overweight 88 Positions Relative to FUTY

Symbol	Grade	Weight
DAR	D	0.61%
GBCI	C	0.49%
BLD	D	0.48%
JBT	F	0.47%
EXPO	B	0.47%
NEOG	F	0.47%
VIAV	F	0.46%
OMCL	D	0.46%
CBU	B	0.46%
STRA	A	0.45%
BCPC	C	0.44%
NEO	B	0.43%
SSD	D	0.43%
SHOO	C	0.42%
SKYW	B	0.42%
B	B	0.41%
UNF	D	0.41%
LAD	D	0.41%
ONB	A	0.4%
AMN	C	0.4%
CNMD	F	0.4%
CCOI	F	0.39%
ADC	B	0.39%
POWI	B	0.39%
ITRI	A	0.39%
UFPI	C	0.38%
SFNC	D	0.38%
MOG.A	A	0.38%
BRC	B	0.37%
CVBF	C	0.37%
PRLB	F	0.37%
ITGR	D	0.37%
WTS	B	0.36%
JJSF	B	0.36%
QLYS	F	0.36%
AEIS	B	0.36%
ABCB	B	0.36%
CROX	C	0.36%
INDB	C	0.35%
WING	A	0.35%
WWW	B	0.35%
LCII	D	0.35%
COLB	C	0.35%
ABM	B	0.34%
WDFC	D	0.34%
FOXF	D	0.34%
LXP	D	0.34%
SEM	A	0.33%
ESE	B	0.33%
AEL	A	0.33%
IOSP	C	0.33%
AIT	C	0.33%
IRDM	D	0.33%
ARI	F	0.33%
ROG	C	0.32%
MEDP	C	0.32%
GTLS	B	0.32%
MNRO	F	0.32%
FUL	C	0.32%
SAIA	F	0.32%
NSIT	A	0.32%
LPSN	F	0.32%
AIN	D	0.31%
SANM	B	0.31%
HI	D	0.31%
DIOD	B	0.31%
EBS	C	0.31%
IVR	B	0.31%
EXLS	C	0.31%
FN	C	0.31%
FELE	C	0.3%
PMT	B	0.3%
SPXC	A	0.3%
ALGT	F	0.3%
MTH	A	0.3%
ENSG	D	0.3%
KFY	C	0.3%
FFBC	B	0.3%
ACA	A	0.29%
AAT	B	0.29%
DORM	C	0.29%
NMIH	A	0.29%
PLXS	B	0.29%
XHR	C	0.29%
KWR	D	0.28%
PRGS	F	0.28%
FBP	A	0.28%
AKR	C	0.28%

SDD Underweight 63 Positions Relative to FUTY

Symbol	Grade	Weight
NEE	B	-12.27%
SO	A	-7.24%
DUK	A	-6.82%
CEG	A	-5.45%
SRE	A	-4.07%
AEP	A	-4.06%
D	A	-3.83%
EXC	B	-3.37%
PCG	B	-3.13%
PEG	A	-3.06%
ED	A	-2.91%
XEL	C	-2.7%
EIX	A	-2.44%
WEC	B	-2.33%
VST	A	-2.24%
AWK	B	-2.13%
DTE	A	-2.05%
ETR	A	-2.04%
ES	B	-1.88%
FE	A	-1.88%
PPL	A	-1.81%
AEE	B	-1.76%
CNP	B	-1.65%
ATO	B	-1.6%
CMS	A	-1.57%
NRG	A	-1.49%
LNT	B	-1.15%
NI	A	-1.13%
EVRG	B	-1.08%
AES	B	-1.04%
WTRG	B	-0.85%
PNW	B	-0.76%
OGE	A	-0.61%
UGI	C	-0.48%
NFG	A	-0.43%
IDA	B	-0.43%
SWX	A	-0.39%
POR	B	-0.39%
NJR	B	-0.38%
BKH	B	-0.33%
OGS	D	-0.32%
ALE	B	-0.31%
ORA	B	-0.31%
SR	B	-0.3%
OTTR	B	-0.29%
PNM	C	-0.27%
NWE	B	-0.27%
MGEE	A	-0.25%
NEP	C	-0.24%
CPK	B	-0.21%
CWEN	B	-0.18%
SJW	C	-0.15%
HE	F	-0.1%
MSEX	C	-0.08%
UTL	B	-0.07%
CWEN	B	-0.06%
YORW	B	-0.05%
NOVA	F	-0.04%
GNE	F	-0.03%
ARTNA	C	-0.03%
SGU	D	-0.03%
MNTK	F	-0.02%
AMPS	F	-0.02%