SEF vs. YLDE ETF Comparison

Comparison of ProShares Short Financials (SEF) to ClearBridge Dividend Strategy ESG ETF (YLDE)

SEF

ProShares Short Financials

SEF Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.22

Average Daily Volume

11,534

Number of Holdings ^*

* may have additional holdings in another (foreign) market

YLDE

ClearBridge Dividend Strategy ESG ETF

YLDE Description

The investment seeks dividend income, growth of dividend income and long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in dividend-paying stocks or other instruments with similar economic characteristics that offer the potential for income growth and capital appreciation over time and that meet its financial and environmental, social and governance (ESG) criteria. The fund may also invest in companies that the subadviser believes are making substantial progress toward becoming a leader in ESG policies.

Grade (RS Rating)

Last Trade

$52.87

Average Daily Volume

3,143

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SEF	YLDE
30 Days	-7.06%	3.07%
60 Days	-9.74%	5.04%
90 Days	-11.63%	8.07%
12 Months	-26.67%	24.75%

10 Overlapping Holdings

Symbol	Grade	Weight in SEF	Weight in YLDE	Overlap
AIG	B	0.77%	0.88%	0.77%
AMT	D	1.74%	1.63%	1.63%
AVB	B	0.51%	1.94%	0.51%
COF	B	0.81%	2.1%	0.81%
JPM	A	7.27%	3.35%	3.35%
MET	A	0.69%	1.79%	0.69%
PNC	B	1.13%	1.33%	1.13%
PSA	D	0.56%	1.02%	0.56%
TRV	B	0.61%	2.73%	0.61%
V	A	5.88%	2.78%	2.78%

SEF Overweight 87 Positions Relative to YLDE

Symbol	Grade	Weight
BRK.A	B	7.56%
MA	C	4.83%
BAC	A	4.46%
WFC	A	3.19%
C	A	2.98%
AXP	A	1.49%
GS	A	1.34%
USB	A	1.32%
TFC	A	1.27%
CME	A	1.25%
SPGI	C	1.22%
MS	A	1.19%
CB	C	1.17%
BLK	C	1.06%
CCI	D	1.02%
PLD	D	1.0%
MMC	B	0.97%
SCHW	B	0.93%
ICE	C	0.91%
EQIX	A	0.84%
AON	A	0.83%
SPG	B	0.76%
PGR	A	0.75%
MCO	B	0.7%
BX	A	0.67%
PRU	A	0.66%
AFL	B	0.66%
BK	A	0.65%
ALL	A	0.64%
WELL	A	0.59%
TROW	B	0.52%
STT	A	0.5%
SBAC	D	0.48%
EQR	B	0.48%
DLR	B	0.44%
WTW	B	0.44%
DFS	B	0.44%
O	D	0.42%
MSCI	C	0.4%
CSGP	D	0.4%
WY	D	0.39%
NTRS	A	0.39%
AMP	A	0.37%
VTR	C	0.37%
HIG	B	0.37%
SYF	B	0.36%
MTB	A	0.36%
FITB	A	0.35%
BXP	D	0.34%
CBRE	B	0.34%
ESS	B	0.34%
ARE	D	0.32%
KEY	B	0.32%
ACGL	D	0.31%
CFG	B	0.3%
DOC	D	0.3%
AJG	B	0.3%
INVH	D	0.28%
MKL	A	0.28%
RF	A	0.27%
CINF	A	0.27%
HBAN	A	0.26%
MAA	B	0.26%
PFG	D	0.25%
MKTX	D	0.24%
WPC	D	0.24%
SUI	D	0.24%
EXR	D	0.24%
L	A	0.23%
NLY	C	0.23%
UDR	B	0.23%
HST	C	0.22%
ELS	C	0.22%
FNF	B	0.22%
NDAQ	A	0.21%
RJF	A	0.2%
LNC	B	0.2%
EG	C	0.19%
MPW	F	0.19%
ALLY	C	0.19%
EQH	B	0.19%
GL	B	0.18%
FDS	B	0.18%
REG	B	0.18%
VNO	B	0.18%
CPT	B	0.18%
WRB	A	0.17%

SEF Underweight 40 Positions Relative to YLDE

Symbol	Grade	Weight
WMB	A	-4.01%
MSFT	F	-3.76%
SRE	A	-3.51%
APO	B	-3.26%
CMCSA	B	-3.03%
TMUS	B	-2.91%
AVGO	D	-2.73%
BDX	F	-2.73%
LIN	D	-2.46%
KMI	A	-2.42%
ORCL	B	-2.39%
VMC	B	-2.38%
AAPL	C	-2.06%
GOOGL	C	-1.91%
KO	D	-1.84%
UNP	C	-1.68%
HLN	D	-1.68%
UNH	C	-1.65%
HON	B	-1.61%
WM	A	-1.6%
MRK	F	-1.58%
PG	A	-1.57%
HD	A	-1.52%
SAP	B	-1.5%
EQT	B	-1.4%
APD	A	-1.38%
EIX	B	-1.37%
JNJ	D	-1.25%
DTE	C	-1.21%
CSCO	B	-1.18%
SBUX	A	-1.15%
AZN	D	-1.12%
FCX	D	-0.94%
PPG	F	-0.89%
NUE	C	-0.87%
GILD	C	-0.81%
GM	B	-0.79%
DIS	B	-0.77%
TXN	C	-0.68%
UPS	C	-0.47%