XTL vs. SBB ETF Comparison

Comparison of SPDR S&P Telecom ETF (XTL) to ProShares Short SmallCap600 (SBB)

XTL

SPDR S&P Telecom ETF

XTL Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the telecommunications segment of a U.S. total market composite index. In seeking to track the performance of the S&P Telecom Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the telecommunications industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.25

Average Daily Volume

3,693

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SBB

ProShares Short SmallCap600

SBB Description

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600®. 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 is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.59

Average Daily Volume

2,215

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XTL	SBB
30 Days	2.22%	3.58%
60 Days	9.23%	1.18%
90 Days	1.77%	5.47%
12 Months	2.59%	-5.51%

3 Overlapping Holdings

Symbol	Grade	Weight in XTL	Weight in SBB	Overlap
CCOI	F	2.77%	0.39%	0.39%
IRDM	F	3.17%	0.33%	0.33%
VIAV	F	2.22%	0.46%	0.46%

XTL Overweight 35 Positions Relative to SBB

Symbol	Grade	Weight
NPAB	B	7.39%
ANET	B	4.38%
TDS	C	4.19%
MSI	A	4.0%
TMUS	B	3.81%
T	A	3.7%
LITE	B	3.67%
EXTR	C	3.65%
FYBR	B	3.6%
VZ	B	3.57%
CALX	C	3.45%
JNPR	B	3.35%
CSCO	C	3.27%
FFIV	D	3.11%
CIEN	D	3.03%
HLIT	B	2.99%
UI	C	2.87%
VSAT	F	2.47%
USM	B	2.41%
AAOI	F	2.4%
INFN	C	2.26%
LUMN	F	2.07%
NTCT	F	1.96%
GOGO	F	1.67%
CLFD	C	1.52%
LILAK	B	1.35%
GSAT	F	1.22%
DGII	F	0.8%
NTGR	B	0.73%
ATEX	D	0.56%
BAND	D	0.52%
SHEN	F	0.47%
IDT	D	0.46%
AVNW	F	0.42%
ATNI	D	0.27%

XTL Underweight 89 Positions Relative to SBB

Symbol	Grade	Weight
DAR	D	-0.61%
GBCI	D	-0.49%
BLD	D	-0.48%
JBT	C	-0.47%
EXPO	B	-0.47%
NEOG	C	-0.47%
OMCL	F	-0.46%
CBU	C	-0.46%
STRA	D	-0.45%
BCPC	B	-0.44%
NEO	F	-0.43%
SSD	D	-0.43%
SHOO	B	-0.42%
AVA	D	-0.42%
SKYW	B	-0.42%
B	C	-0.41%
AWR	D	-0.41%
UNF	F	-0.41%
LAD	F	-0.41%
ONB	C	-0.4%
AMN	F	-0.4%
CNMD	F	-0.4%
ADC	B	-0.39%
POWI	D	-0.39%
ITRI	C	-0.39%
UFPI	D	-0.38%
SFNC	D	-0.38%
MOG.A	C	-0.38%
BRC	B	-0.37%
CVBF	D	-0.37%
PRLB	F	-0.37%
ITGR	D	-0.37%
WTS	D	-0.36%
JJSF	B	-0.36%
QLYS	D	-0.36%
AEIS	C	-0.36%
ABCB	C	-0.36%
CROX	B	-0.36%
INDB	F	-0.35%
WING	B	-0.35%
WWW	B	-0.35%
LCII	F	-0.35%
COLB	F	-0.35%
ABM	B	-0.34%
WDFC	D	-0.34%
FOXF	C	-0.34%
LXP	B	-0.34%
SEM	A	-0.33%
ESE	D	-0.33%
AEL	A	-0.33%
IOSP	D	-0.33%
AIT	C	-0.33%
ARI	D	-0.33%
ROG	C	-0.32%
CWT	D	-0.32%
MEDP	B	-0.32%
MNRO	F	-0.32%
GTLS	C	-0.32%
FUL	C	-0.32%
SAIA	B	-0.32%
NSIT	B	-0.32%
LPSN	F	-0.32%
AIN	D	-0.31%
SANM	B	-0.31%
HI	D	-0.31%
DIOD	D	-0.31%
EBS	B	-0.31%
IVR	B	-0.31%
EXLS	C	-0.31%
FN	B	-0.31%
FELE	D	-0.3%
PMT	D	-0.3%
SPXC	B	-0.3%
ALGT	F	-0.3%
MTH	D	-0.3%
ENSG	B	-0.3%
KFY	B	-0.3%
FFBC	C	-0.3%
ACA	C	-0.29%
AAT	B	-0.29%
DORM	B	-0.29%
NMIH	B	-0.29%
PLXS	C	-0.29%
XHR	D	-0.29%
KWR	D	-0.28%
PRGS	F	-0.28%
FBP	B	-0.28%
AKR	B	-0.28%
NWN	F	-0.28%