AFMC vs. SRS ETF Comparison

Comparison of Active Factor Mid Cap ETF (AFMC) to ProShares UltraShort Real Estate (SRS)

AFMC

Active Factor Mid Cap ETF

AFMC Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.31

Average Daily Volume

9,370

Number of Holdings ^*

244

* 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

$45.72

Average Daily Volume

14,715

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AFMC	SRS
30 Days	7.36%	1.06%
60 Days	6.97%	4.22%
90 Days	8.83%	-2.87%
12 Months	41.05%	-33.05%

17 Overlapping Holdings

Symbol	Grade	Weight in AFMC	Weight in SRS	Overlap
APLE	B	0.17%	0.26%	0.17%
BRX	A	0.08%	0.48%	0.08%
CPT	B	0.09%	0.83%	0.09%
CUBE	D	0.1%	0.47%	0.1%
CUZ	B	0.56%	0.48%	0.48%
EPR	D	0.31%	0.44%	0.31%
GLPI	C	0.68%	0.72%	0.68%
HIW	D	0.78%	0.41%	0.41%
HPP	F	0.17%	0.45%	0.17%
HST	C	0.22%	1.0%	0.22%
JLL	D	0.44%	0.69%	0.44%
LAMR	D	0.39%	0.62%	0.39%
NNN	D	0.0%	0.74%	0.0%
OHI	C	0.58%	0.74%	0.58%
PK	B	0.44%	0.46%	0.44%
SBRA	C	0.53%	0.33%	0.33%
WPC	D	0.62%	1.12%	0.62%

AFMC Overweight 227 Positions Relative to SRS

Symbol	Grade	Weight
SFM	A	1.95%
UTHR	C	1.66%
TOL	B	1.48%
EME	C	1.3%
THC	D	1.2%
AYI	B	1.19%
MLI	C	1.17%
ALSN	B	1.14%
ORI	A	1.12%
GDDY	A	1.12%
KBH	D	1.12%
MTG	C	1.07%
FIX	A	1.0%
NRG	B	0.96%
VST	B	0.95%
IDCC	A	0.95%
INGR	B	0.92%
UNM	A	0.9%
TPL	A	0.87%
ACT	D	0.86%
IBOC	A	0.86%
COKE	C	0.83%
CSL	C	0.82%
CW	B	0.81%
TMHC	B	0.8%
OC	A	0.78%
ESNT	D	0.78%
CACI	D	0.76%
RDN	C	0.75%
SF	B	0.74%
JXN	C	0.73%
LII	A	0.73%
WSM	B	0.71%
WBS	A	0.71%
TXRH	C	0.7%
CVLT	B	0.69%
JBL	B	0.69%
CNM	D	0.67%
FHI	A	0.67%
G	B	0.67%
FICO	B	0.66%
ERIE	D	0.64%
NXST	C	0.62%
CMC	B	0.61%
AMG	B	0.61%
BLDR	D	0.6%
NTAP	C	0.59%
PRI	A	0.59%
BRBR	A	0.58%
MUSA	A	0.58%
BERY	B	0.57%
FFIV	B	0.57%
SNX	C	0.57%
EXP	A	0.57%
PHM	D	0.57%
TPR	B	0.56%
DBX	B	0.55%
NFG	A	0.55%
TGNA	B	0.54%
HRB	D	0.53%
PSN	D	0.53%
PPC	C	0.53%
SANM	B	0.52%
CRS	A	0.52%
DECK	A	0.51%
ACIW	B	0.51%
HALO	F	0.51%
NYT	C	0.51%
ENS	D	0.5%
RPM	A	0.5%
CBSH	A	0.5%
MTH	D	0.49%
KMT	B	0.49%
MEDP	D	0.47%
CRUS	D	0.47%
BCC	B	0.46%
SNA	A	0.46%
NVST	B	0.46%
GMED	A	0.46%
UHS	D	0.46%
DINO	D	0.46%
BTU	B	0.45%
GHC	C	0.45%
ONTO	D	0.44%
NTCT	C	0.44%
HNI	B	0.44%
PINC	B	0.44%
AMR	C	0.43%
AGCO	D	0.42%
PVH	C	0.41%
WFRD	D	0.4%
RGLD	C	0.4%
CHE	D	0.4%
GEF	A	0.4%
MAN	D	0.39%
HLI	B	0.39%
EXEL	B	0.39%
JAZZ	B	0.39%
CHRD	D	0.39%
SAIC	F	0.38%
TEX	D	0.38%
CDP	C	0.38%
DDS	B	0.38%
MOH	F	0.37%
ANF	C	0.37%
AIZ	A	0.37%
WSO	A	0.37%
STLD	B	0.36%
BYD	C	0.35%
UFPI	B	0.35%
RS	B	0.35%
ARW	D	0.34%
ADC	B	0.33%
CSWI	A	0.33%
UGI	A	0.33%
HWC	B	0.33%
COLB	A	0.33%
ASO	F	0.32%
GAP	C	0.32%
INCY	C	0.32%
SSB	B	0.31%
FHN	A	0.31%
BDC	B	0.3%
TTEK	F	0.3%
APPF	B	0.3%
DKS	C	0.29%
CR	A	0.29%
FSS	B	0.29%
MANH	D	0.28%
AVT	C	0.28%
PBF	D	0.28%
NVT	B	0.27%
CHRW	C	0.27%
LOPE	B	0.27%
LNTH	D	0.27%
EHC	B	0.27%
RL	B	0.27%
ATKR	C	0.27%
NSA	D	0.26%
WWD	B	0.26%
OLN	D	0.26%
WCC	B	0.26%
ZD	C	0.26%
MSM	C	0.26%
JHG	A	0.26%
CTRE	D	0.26%
GPI	A	0.25%
HOG	D	0.25%
IBP	D	0.25%
CATY	B	0.25%
AN	C	0.25%
LPX	B	0.24%
ENSG	D	0.24%
CNA	B	0.24%
VMI	B	0.24%
ESAB	B	0.24%
TDC	D	0.23%
NBIX	C	0.22%
AIT	A	0.22%
L	A	0.21%
BWA	D	0.21%
CRVL	A	0.21%
LEA	D	0.21%
NAVI	C	0.2%
OZK	B	0.2%
JWN	C	0.19%
NEU	C	0.19%
HOMB	A	0.19%
PRGO	B	0.18%
SJM	D	0.18%
ADNT	F	0.18%
DXC	B	0.18%
CLF	F	0.18%
CRI	D	0.18%
SM	B	0.17%
CROX	D	0.17%
NUS	D	0.17%
ABG	B	0.17%
ZION	B	0.17%
VSH	D	0.15%
M	D	0.15%
ATR	B	0.15%
CASY	A	0.14%
CAH	B	0.13%
BLD	D	0.13%
OPCH	D	0.12%
AEO	F	0.12%
BOX	B	0.11%
NSIT	F	0.11%
ELF	C	0.11%
TPH	D	0.11%
AOS	F	0.1%
EQH	B	0.1%
EXLS	B	0.1%
VNT	B	0.1%
BPMC	C	0.1%
GEN	B	0.1%
LECO	B	0.09%
ITRI	B	0.09%
ITT	A	0.09%
CNXC	F	0.09%
AMN	F	0.09%
ZETA	D	0.08%
HSIC	B	0.08%
APA	D	0.08%
OGN	D	0.08%
ASGN	F	0.08%
DCI	B	0.08%
DOCS	C	0.08%
HAE	C	0.08%
WU	D	0.07%
TAP	C	0.07%
SKX	D	0.07%
OSCR	D	0.06%
PBH	A	0.06%
PDCO	D	0.06%
MMSI	B	0.06%
SPSC	C	0.05%
ACLS	F	0.05%
AWI	A	0.05%
DVA	B	0.05%
BMI	B	0.04%
CXT	B	0.04%
LEVI	F	0.03%
IART	C	0.02%
VRNS	D	0.0%
PI	D	0.0%

AFMC Underweight 70 Positions Relative to SRS

Symbol	Grade	Weight
AMT	D	-8.05%
CCI	D	-4.7%
PLD	D	-4.64%
EQIX	A	-3.91%
SPG	B	-3.53%
WELL	A	-2.73%
PSA	D	-2.58%
AVB	B	-2.35%
EQR	B	-2.24%
SBAC	D	-2.21%
DLR	B	-2.02%
O	D	-1.94%
CSGP	D	-1.85%
WY	D	-1.8%
VTR	C	-1.71%
ESS	B	-1.59%
CBRE	B	-1.59%
BXP	D	-1.56%
ARE	D	-1.46%
DOC	D	-1.4%
INVH	D	-1.28%
MAA	B	-1.19%
EXR	D	-1.13%
SUI	D	-1.12%
NLY	C	-1.08%
UDR	B	-1.08%
ELS	C	-1.0%
MPW	F	-0.9%
VNO	B	-0.83%
REG	B	-0.82%
AGNC	D	-0.77%
VICI	C	-0.76%
FRT	B	-0.71%
IRM	D	-0.7%
KIM	A	-0.67%
KRC	C	-0.63%
AIV	C	-0.61%
SLG	B	-0.58%
STWD	C	-0.56%
AMH	D	-0.54%
DEI	B	-0.54%
COLD	D	-0.53%
HHH	B	-0.42%
FR	C	-0.42%
EGP	F	-0.41%
REXR	F	-0.41%
BXMT	C	-0.39%
RHP	B	-0.37%
JBGS	D	-0.37%
HR	C	-0.36%
TWO	D	-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%
PEB	D	-0.26%
SHO	C	-0.24%
RLJ	C	-0.23%
PDM	D	-0.23%
PCH	D	-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%