SDP vs. VPU ETF Comparison

Comparison of ProShares UltraShort Utilities (SDP) to Vanguard Utilities ETF - DNQ (VPU)

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 ^*

* may have additional holdings in another (foreign) market

VPU

Vanguard Utilities ETF - DNQ

VPU Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Utilities 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the utilities sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$176.09

Average Daily Volume

209,590

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SDP	VPU
30 Days	2.15%	-1.06%
60 Days	-1.65%	1.31%
90 Days	-13.10%	7.56%
12 Months	-40.44%	34.09%

45 Overlapping Holdings

Symbol	Grade	Weight in SDP	Weight in VPU	Overlap
AEE	A	1.92%	1.75%	1.75%
AEP	C	4.77%	3.93%	3.93%
AES	F	1.33%	0.88%	0.88%
AGR	A	0.28%	0.21%	0.21%
ALE	A	0.42%	0.28%	0.28%
ATO	A	1.34%	1.58%	1.34%
AVA	C	0.32%	0.22%	0.22%
AWK	C	2.31%	2.03%	2.03%
BKH	A	0.49%	0.31%	0.31%
CMS	C	1.82%	1.57%	1.57%
CNP	A	1.33%	1.32%	1.32%
D	C	6.77%	3.77%	3.77%
DTE	C	2.52%	1.94%	1.94%
DUK	C	6.69%	6.71%	6.69%
ED	C	2.94%	2.65%	2.65%
EIX	C	2.7%	2.39%	2.39%
ES	C	2.81%	1.75%	1.75%
ETR	A	2.46%	2.49%	2.46%
EVRG	A	1.5%	1.05%	1.05%
EXC	C	4.51%	2.97%	2.97%
FE	C	2.6%	1.73%	1.73%
HE	C	0.51%	0.13%	0.13%
IDA	A	0.54%	0.4%	0.4%
LNT	A	1.35%	1.16%	1.16%
NEE	C	12.13%	12.29%	12.13%
NFG	A	0.38%	0.4%	0.38%
NI	A	1.06%	1.19%	1.06%
NJR	A	0.41%	0.34%	0.34%
NRG	B	0.95%	1.42%	0.95%
NWE	C	0.37%	0.25%	0.25%
OGS	A	0.49%	0.3%	0.3%
PEG	A	2.93%	3.36%	2.93%
PNM	B	0.4%	0.28%	0.28%
PNW	A	1.03%	0.75%	0.75%
POR	C	0.51%	0.37%	0.37%
PPL	A	2.56%	1.81%	1.81%
SO	C	6.91%	7.22%	6.91%
SR	A	0.42%	0.28%	0.28%
SRE	A	4.34%	3.98%	3.98%
SWX	A	0.41%	0.32%	0.32%
UGI	C	0.91%	0.38%	0.38%
VST	A	1.01%	3.28%	1.01%
WEC	A	2.98%	2.28%	2.28%
WTRG	B	1.07%	0.76%	0.76%
XEL	A	3.36%	2.8%	2.8%

SDP Overweight 1 Positions Relative to VPU

	Symbol	Grade	Weight
	MDU	D	0.58%

SDP Underweight 21 Positions Relative to VPU

Symbol	Grade	Weight
CEG	C	-6.26%
PCG	A	-3.1%
OGE	A	-0.61%
ORA	B	-0.32%
MGEE	B	-0.25%
CWT	C	-0.23%
AWR	B	-0.23%
OTTR	C	-0.22%
CPK	A	-0.2%
CWEN	C	-0.18%
NEP	F	-0.14%
SJW	F	-0.13%
NWN	A	-0.11%
MSEX	B	-0.08%
CWEN	C	-0.07%
UTL	B	-0.07%
NOVA	F	-0.05%
YORW	D	-0.04%
AMPS	C	-0.02%
MNTK	F	-0.02%
ARTNA	F	-0.02%