SDP vs. TPYP ETF Comparison

Comparison of ProShares UltraShort Utilities (SDP) to Tortoise North American Pipeline Fund ETF (TPYP)
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

$14.80

Average Daily Volume

35,225

Number of Holdings *

46

* may have additional holdings in another (foreign) market
TPYP

Tortoise North American Pipeline Fund ETF

TPYP Description The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise North American Pipeline Index (the "underlying index"). The fund will normally invest at least 80% of its total assets in securities that comprise the underlying index (or depository receipts based on such securities). The underlying index is a proprietary rules-based, capitalization weighted, float adjusted index designed to track the overall performance of equity securities of North American Pipeline Companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.68

Average Daily Volume

49,360

Number of Holdings *

35

* may have additional holdings in another (foreign) market
Performance
Period SDP TPYP
30 Days 2.15% 9.63%
60 Days -1.65% 14.71%
90 Days -13.10% 18.79%
12 Months -40.44% 46.89%
7 Overlapping Holdings
Symbol Grade Weight in SDP Weight in TPYP Overlap
ATO A 1.34% 3.83% 1.34%
NFG A 0.38% 1.74% 0.38%
NI A 1.06% 3.81% 1.06%
NJR A 0.41% 1.48% 0.41%
OGS A 0.49% 1.33% 0.49%
SR A 0.42% 1.19% 0.42%
SWX A 0.41% 1.44% 0.41%
SDP Overweight 39 Positions Relative to TPYP
Symbol Grade Weight
NEE C 12.13%
SO C 6.91%
D C 6.77%
DUK C 6.69%
AEP C 4.77%
EXC C 4.51%
SRE A 4.34%
XEL A 3.36%
WEC A 2.98%
ED C 2.94%
PEG A 2.93%
ES C 2.81%
EIX C 2.7%
FE C 2.6%
PPL A 2.56%
DTE C 2.52%
ETR A 2.46%
AWK C 2.31%
AEE A 1.92%
CMS C 1.82%
EVRG A 1.5%
LNT A 1.35%
AES F 1.33%
CNP A 1.33%
WTRG B 1.07%
PNW A 1.03%
VST A 1.01%
NRG B 0.95%
UGI C 0.91%
MDU D 0.58%
IDA A 0.54%
HE C 0.51%
POR C 0.51%
BKH A 0.49%
ALE A 0.42%
PNM B 0.4%
NWE C 0.37%
AVA C 0.32%
AGR A 0.28%
SDP Underweight 28 Positions Relative to TPYP
Symbol Grade Weight
WMB A -8.24%
OKE A -7.92%
KMI A -7.75%
LNG A -7.11%
TRGP A -4.7%
ET A -3.8%
EPD A -3.67%
MPLX A -3.08%
DTM A -1.7%
AM A -1.59%
PAA B -1.4%
WES C -1.27%
AROC A -1.25%
ENLC A -1.2%
SUN C -0.99%
CPK A -0.89%
KNTK A -0.66%
HESM A -0.63%
PAGP A -0.63%
NWN A -0.5%
CQP B -0.36%
USAC B -0.32%
NFE F -0.3%
GLP A -0.24%
GEL D -0.22%
DKL C -0.09%
EE A -0.08%
CAPL D -0.07%
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