SPYD vs. DRN ETF Comparison

Comparison of SPDR S&P 500 High Dividend ETF (SPYD) to Dexion Daily Real Estate Bull 3x Shares (DRN)

SPYD

SPDR S&P 500 High Dividend ETF

SPYD Description

The investment seeks to track the performance of the S&P 500 High Dividend Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the top 80 dividend-paying securities listed on the S&P 500® Index, based on dividend yield. The S&P 500 Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.89

Average Daily Volume

970,947

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DRN

Dexion Daily Real Estate Bull 3x Shares

DRN Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index, with the exception of specialty equity REITs that do not generate a majority of their revenue and income from real estate rental and leasing operations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$8.59

Average Daily Volume

899,527

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPYD	DRN
30 Days	0.94%	9.96%
60 Days	2.24%	14.01%
90 Days	-0.82%	-12.48%
12 Months	14.29%	-3.58%

21 Overlapping Holdings

Symbol	Grade	Weight in SPYD	Weight in DRN	Overlap
ARE	C	1.2%	1.43%	1.2%
BXP	C	1.1%	0.69%	0.69%
CCI	C	1.13%	3.27%	1.13%
CPT	A	1.4%	0.91%	0.91%
DLR	B	1.35%	3.68%	1.35%
DOC	B	1.27%	1.07%	1.07%
EQR	A	1.44%	1.84%	1.44%
ESS	B	1.52%	1.38%	1.38%
EXR	B	1.35%	2.6%	1.35%
FRT	C	1.25%	0.58%	0.58%
HST	D	1.15%	0.98%	0.98%
IRM	A	1.65%	2.01%	1.65%
KIM	B	1.16%	0.99%	0.99%
MAA	B	1.32%	1.29%	1.29%
O	D	1.21%	3.6%	1.21%
PSA	B	1.26%	3.57%	1.26%
REG	B	1.23%	0.79%	0.79%
SPG	B	1.3%	3.78%	1.3%
UDR	B	1.38%	0.96%	0.96%
VICI	C	1.16%	2.29%	1.16%
VTR	A	1.32%	1.58%	1.32%

SPYD Overweight 55 Positions Relative to DRN

Symbol	Grade	Weight
PEG	B	1.61%
BBY	B	1.6%
IP	B	1.6%
HAS	C	1.58%
WMB	B	1.54%
KMI	B	1.46%
OKE	B	1.45%
C	C	1.43%
SO	B	1.43%
AEP	C	1.42%
D	D	1.4%
MO	B	1.4%
PM	A	1.39%
MS	C	1.39%
PRU	B	1.38%
PNW	C	1.37%
EIX	D	1.37%
K	D	1.37%
ES	F	1.36%
ETR	C	1.36%
T	A	1.35%
EVRG	C	1.34%
AMCR	B	1.34%
TROW	B	1.34%
FE	C	1.33%
F	C	1.33%
CVX	C	1.32%
DUK	D	1.32%
FITB	D	1.3%
ABBV	B	1.3%
DOW	D	1.3%
MTB	C	1.29%
CFG	D	1.29%
LYB	C	1.28%
EXC	D	1.28%
PNC	D	1.28%
IBM	C	1.23%
RF	C	1.23%
WEC	D	1.23%
TFC	C	1.22%
CAG	D	1.22%
PFE	C	1.21%
VZ	B	1.21%
HBAN	C	1.19%
KEY	C	1.18%
IVZ	D	1.17%
USB	C	1.16%
KHC	D	1.11%
CMA	C	1.07%
UPS	F	1.07%
VTRS	D	1.07%
BEN	D	1.04%
BMY	F	1.02%
GILD	C	0.99%
WBA	F	0.9%

SPYD Underweight 10 Positions Relative to DRN

Symbol	Grade	Weight
PLD	C	-7.97%
AMT	B	-7.07%
EQIX	D	-5.51%
WELL	B	-4.75%
CSGP	D	-2.34%
AVB	A	-2.26%
CBRE	B	-2.08%
WY	F	-1.63%
SBAC	C	-1.63%
INVH	A	-1.59%