XTL vs. SDD ETF Comparison

Comparison of SPDR S&P Telecom ETF (XTL) to ProShares UltraShort SmallCap600 (SDD)

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

SDD

ProShares UltraShort SmallCap600

SDD 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 S&P SmallCap 600®. 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 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. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.55

Average Daily Volume

1,777

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XTL	SDD
30 Days	2.22%	6.46%
60 Days	9.23%	1.13%
90 Days	1.77%	9.60%
12 Months	2.59%	-16.60%

3 Overlapping Holdings

Symbol	Grade	Weight in XTL	Weight in SDD	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 SDD

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 SDD

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%
GTLS	C	-0.32%
MNRO	F	-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%