SDP vs. XMLV ETF Comparison

Comparison of ProShares UltraShort Utilities (SDP) to PowerShares S&P MidCap Low Volatility Portfolio (XMLV)

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

$14.74

Average Daily Volume

35,506

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XMLV

PowerShares S&P MidCap Low Volatility Portfolio

XMLV Description

The PowerShares S&P MidCap Low Volatility Portfolio (Fund) is based on the S&P MidCap 400 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 80 out of 400 medium-capitalization range securities from the S&P MidCap 400 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$64.32

Average Daily Volume

30,401

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SDP	XMLV
30 Days	-0.94%	4.62%
60 Days	-4.63%	6.78%
90 Days	-15.23%	8.41%
12 Months	-41.97%	29.36%

11 Overlapping Holdings

Symbol	Grade	Weight in SDP	Weight in XMLV	Overlap
ALE	A	0.42%	1.15%	0.42%
BKH	A	0.49%	1.13%	0.49%
IDA	A	0.54%	1.47%	0.54%
NFG	A	0.38%	1.16%	0.38%
NJR	A	0.41%	1.28%	0.41%
NWE	B	0.37%	1.22%	0.37%
OGS	A	0.49%	1.14%	0.49%
PNM	B	0.4%	1.44%	0.4%
POR	C	0.51%	1.1%	0.51%
SR	A	0.42%	1.21%	0.42%
WTRG	B	1.07%	0.98%	0.98%

SDP Overweight 35 Positions Relative to XMLV

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	B	2.7%
FE	C	2.6%
PPL	A	2.56%
DTE	C	2.52%
ETR	B	2.46%
AWK	C	2.31%
AEE	A	1.92%
CMS	C	1.82%
EVRG	A	1.5%
LNT	A	1.35%
ATO	A	1.34%
AES	F	1.33%
CNP	A	1.33%
NI	A	1.06%
PNW	A	1.03%
VST	A	1.01%
NRG	B	0.95%
UGI	C	0.91%
MDU	D	0.58%
HE	C	0.51%
SWX	B	0.41%
AVA	A	0.32%
AGR	A	0.28%

SDP Underweight 68 Positions Relative to XMLV

Symbol	Grade	Weight
DTM	A	-1.87%
SEIC	B	-1.8%
ATR	B	-1.8%
CW	C	-1.78%
IBKR	A	-1.61%
SF	B	-1.6%
FHI	B	-1.55%
VOYA	B	-1.52%
INGR	C	-1.49%
UNM	A	-1.46%
HLI	A	-1.45%
THG	A	-1.45%
ORI	A	-1.44%
EHC	B	-1.44%
RGA	A	-1.43%
DCI	B	-1.41%
JEF	A	-1.41%
G	B	-1.4%
RLI	A	-1.4%
JHG	B	-1.39%
CACI	D	-1.39%
FLS	B	-1.39%
AM	A	-1.35%
OGE	A	-1.34%
PRI	B	-1.33%
AFG	A	-1.32%
RPM	A	-1.32%
GGG	B	-1.32%
USFD	A	-1.31%
ADC	A	-1.29%
ACM	B	-1.28%
AMG	B	-1.28%
TXRH	B	-1.25%
GLPI	C	-1.23%
SON	F	-1.22%
PPC	C	-1.22%
GNTX	C	-1.22%
OHI	C	-1.21%
ELS	C	-1.2%
GEF	A	-1.2%
AMH	C	-1.19%
POST	C	-1.19%
EPR	C	-1.18%
CHE	D	-1.17%
BRX	A	-1.17%
GATX	A	-1.16%
SLGN	A	-1.16%
LSTR	D	-1.13%
SBRA	C	-1.13%
MTG	C	-1.13%
SNX	D	-1.11%
FLO	D	-1.11%
EGP	D	-1.09%
ESNT	F	-1.09%
NNN	C	-1.09%
CDP	C	-1.08%
AVT	C	-1.08%
FR	D	-1.07%
MUSA	B	-1.07%
MSA	F	-1.07%
NEU	D	-1.04%
STAG	D	-1.04%
NYT	D	-1.03%
DLB	B	-1.01%
KBR	F	-0.99%
MMS	F	-0.97%
MAN	F	-0.92%
CHRD	D	-0.87%