SKF vs. DFND ETF Comparison

Comparison of ProShares UltraShort Financials (SKF) to Realty Shares DIVCON Dividend Defender ETF (DFND)

SKF

ProShares UltraShort Financials

SKF 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. FinancialsSM 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 financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.12

Average Daily Volume

12,883

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFND

Realty Shares DIVCON Dividend Defender ETF

DFND Description

The investment seeks long-term capital appreciation by tracking the performance, before fees and expenses, of the Reality Shares DIVCON Dividend Defender Index. The index is designed to select the companies for a long position that have the highest probability of increasing their dividend in a 12-month period and select the companies for a short position that have the highest probability of decreasing their dividend in a 12-month period. Under normal circumstances, at least 80% of the fund's assets (other than collateral held from securities lending, if any) will be invested in component securities of the benchmark index. It is non-diversified.

Grade (RS Rating)

Last Trade

$43.30

Average Daily Volume

849

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SKF	DFND
30 Days	-12.30%	6.81%
60 Days	-18.22%	3.15%
90 Days	-21.58%	13.91%
12 Months	-48.25%	14.05%

10 Overlapping Holdings

Symbol	Grade	Weight in SKF	Weight in DFND	Overlap
AON	A	0.83%	1.52%	0.83%
CB	C	1.17%	1.39%	1.17%
CME	B	1.25%	1.24%	1.24%
FDS	B	0.18%	2.22%	0.18%
GL	C	0.18%	0.93%	0.18%
MA	B	4.83%	1.75%	1.75%
MCO	B	0.7%	1.85%	0.7%
MMC	B	0.97%	1.21%	0.97%
MSCI	C	0.4%	1.33%	0.4%
V	A	5.88%	2.68%	2.68%

SKF Overweight 87 Positions Relative to DFND

Symbol	Grade	Weight
BRK.A	B	7.56%
JPM	A	7.27%
BAC	A	4.46%
WFC	A	3.19%
C	A	2.98%
AMT	C	1.74%
AXP	A	1.49%
GS	A	1.34%
USB	A	1.32%
TFC	A	1.27%
SPGI	C	1.22%
MS	A	1.19%
PNC	B	1.13%
BLK	B	1.06%
CCI	C	1.02%
PLD	F	1.0%
SCHW	B	0.93%
ICE	C	0.91%
EQIX	A	0.84%
COF	C	0.81%
AIG	B	0.77%
SPG	A	0.76%
PGR	A	0.75%
MET	A	0.69%
BX	A	0.67%
PRU	A	0.66%
AFL	B	0.66%
BK	A	0.65%
ALL	A	0.64%
TRV	B	0.61%
WELL	A	0.59%
PSA	C	0.56%
TROW	B	0.52%
AVB	B	0.51%
STT	B	0.5%
SBAC	D	0.48%
EQR	C	0.48%
DLR	B	0.44%
WTW	B	0.44%
DFS	B	0.44%
O	C	0.42%
CSGP	D	0.4%
WY	F	0.39%
NTRS	A	0.39%
AMP	A	0.37%
VTR	B	0.37%
HIG	B	0.37%
SYF	B	0.36%
MTB	A	0.36%
FITB	B	0.35%
BXP	C	0.34%
CBRE	B	0.34%
ESS	B	0.34%
ARE	F	0.32%
KEY	B	0.32%
ACGL	C	0.31%
CFG	B	0.3%
DOC	C	0.3%
AJG	A	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	C	0.24%
SUI	C	0.24%
EXR	C	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	C	0.2%
EG	C	0.19%
MPW	F	0.19%
ALLY	C	0.19%
EQH	C	0.19%
REG	A	0.18%
VNO	C	0.18%
CPT	B	0.18%
WRB	A	0.17%

SKF Underweight 60 Positions Relative to DFND

Symbol	Grade	Weight
SNA	A	-2.66%
CTAS	B	-2.6%
VRSK	A	-2.44%
KLAC	F	-2.42%
PG	C	-2.27%
GWW	B	-2.25%
SHW	B	-2.25%
NDSN	B	-2.22%
MCD	D	-2.2%
BRO	B	-2.13%
MPC	D	-2.11%
CMI	A	-2.09%
LMT	D	-2.05%
PHM	D	-2.0%
MSI	B	-1.86%
PPG	F	-1.77%
ETN	A	-1.74%
ITW	B	-1.71%
ROK	C	-1.65%
AMAT	F	-1.59%
ALLE	C	-1.51%
CSCO	B	-1.5%
DHI	F	-1.47%
HON	C	-1.45%
J	D	-1.42%
ADI	D	-1.37%
HSY	F	-1.36%
MPWR	F	-1.31%
HUBB	B	-1.27%
CBOE	C	-1.26%
COST	A	-1.2%
LIN	C	-1.2%
CMCSA	B	-1.15%
FAST	B	-1.13%
LW	C	-1.13%
AOS	F	-1.09%
ALB	B	-1.01%
MSFT	D	-1.0%
AAPL	C	-0.95%
ODFL	C	-0.88%
AVGO	D	-0.86%
MLM	C	-0.8%
INTU	B	-0.78%
BR	A	-0.75%
ACN	B	-0.34%
MCHP	F	-0.08%
PARA	C	--0.33%
APA	D	--0.82%
INTC	C	--1.08%
VFC	C	--1.1%
DVN	F	--1.12%
FCX	F	--1.86%
NWS	A	--1.96%
LUV	C	--2.05%
SW	A	--2.15%
T	A	--2.19%
IP	A	--2.32%
F	C	--2.41%
CNP	A	--2.56%
D	C	--2.96%