SPHD vs. SRS ETF Comparison

Comparison of PowerShares S&P 500 High Dividend Portfolio (SPHD) to ProShares UltraShort Real Estate (SRS)

SPHD

PowerShares S&P 500 High Dividend Portfolio

SPHD Description

The PowerShares S&P 500® High Dividend Portfolio (the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility High Dividend Index (the “Underlying Index”). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. Standard & Poor’s® compiles, maintains and calculates the Underlying Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July

Grade (RS Rating)

Last Trade

$51.23

Average Daily Volume

654,313

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SRS

ProShares UltraShort Real Estate

SRS 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. Real EstateSM 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 real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.73

Average Daily Volume

14,598

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPHD	SRS
30 Days	0.97%	0.95%
60 Days	2.31%	3.64%
90 Days	4.89%	-1.17%
12 Months	32.94%	-31.87%

6 Overlapping Holdings

Symbol	Grade	Weight in SPHD	Weight in SRS	Overlap
CCI	C	2.52%	4.7%	2.52%
FRT	B	1.84%	0.71%	0.71%
HST	C	1.82%	1.0%	1.0%
O	C	2.14%	1.94%	1.94%
SPG	A	2.46%	3.53%	2.46%
VICI	C	2.42%	0.76%	0.76%

SPHD Overweight 44 Positions Relative to SRS

Symbol	Grade	Weight
MO	A	3.1%
BMY	B	2.97%
KMI	A	2.93%
T	A	2.72%
VZ	C	2.68%
OKE	A	2.52%
D	C	2.38%
PM	B	2.32%
WMB	A	2.28%
KVUE	A	2.26%
K	A	2.26%
GILD	C	2.24%
ETR	B	2.21%
EVRG	A	2.18%
PFE	F	2.13%
AMCR	C	2.06%
PNW	A	2.02%
VTRS	A	2.01%
UPS	C	1.98%
KHC	F	1.94%
WEC	A	1.93%
ES	C	1.9%
LYB	F	1.88%
EIX	B	1.84%
CAG	F	1.84%
EXC	C	1.8%
DOW	F	1.8%
PRU	A	1.78%
IBM	C	1.77%
FE	C	1.75%
IPG	D	1.75%
DRI	B	1.69%
CSCO	B	1.68%
DUK	C	1.68%
CVX	A	1.65%
MDT	D	1.55%
GIS	D	1.49%
SJM	D	1.48%
OMC	C	1.43%
HRL	D	1.42%
XOM	B	1.39%
EMN	C	1.38%
ABBV	F	1.37%
JNJ	C	1.3%

SPHD Underweight 81 Positions Relative to SRS

Symbol	Grade	Weight
AMT	C	-8.05%
PLD	F	-4.64%
EQIX	A	-3.91%
WELL	A	-2.73%
PSA	C	-2.58%
AVB	B	-2.35%
EQR	C	-2.24%
SBAC	D	-2.21%
DLR	B	-2.02%
CSGP	D	-1.85%
WY	F	-1.8%
VTR	B	-1.71%
ESS	B	-1.59%
CBRE	B	-1.59%
BXP	C	-1.56%
ARE	F	-1.46%
DOC	C	-1.4%
INVH	D	-1.28%
MAA	B	-1.19%
EXR	C	-1.13%
WPC	C	-1.12%
SUI	C	-1.12%
NLY	C	-1.08%
UDR	B	-1.08%
ELS	C	-1.0%
MPW	F	-0.9%
VNO	C	-0.83%
CPT	B	-0.83%
REG	A	-0.82%
AGNC	C	-0.77%
OHI	C	-0.74%
NNN	C	-0.74%
GLPI	C	-0.72%
IRM	C	-0.7%
JLL	D	-0.69%
KIM	A	-0.67%
KRC	B	-0.63%
LAMR	C	-0.62%
AIV	C	-0.61%
SLG	B	-0.58%
STWD	C	-0.56%
AMH	C	-0.54%
DEI	B	-0.54%
COLD	D	-0.53%
CUZ	B	-0.48%
BRX	A	-0.48%
CUBE	C	-0.47%
PK	C	-0.46%
HPP	F	-0.45%
EPR	C	-0.44%
HHH	B	-0.42%
FR	D	-0.42%
EGP	D	-0.41%
HIW	C	-0.41%
REXR	F	-0.41%
BXMT	C	-0.39%
RHP	B	-0.37%
JBGS	F	-0.37%
HR	B	-0.36%
SBRA	C	-0.33%
TWO	F	-0.32%
OUT	A	-0.32%
RYN	D	-0.32%
CIM	D	-0.31%
SVC	F	-0.31%
EQC	B	-0.31%
NHI	D	-0.29%
DSS	F	-0.28%
MFA	D	-0.28%
APLE	B	-0.26%
PEB	D	-0.26%
SHO	D	-0.24%
RLJ	C	-0.23%
PDM	D	-0.23%
PCH	F	-0.23%
BDN	C	-0.22%
PGRE	F	-0.22%
MAC	B	-0.22%
LXP	D	-0.21%
IVR	F	-0.19%
XHR	B	-0.18%