ARVR vs. LTL ETF Comparison

Comparison of First Trust Indxx Metaverse ETF (ARVR) to ProShares Ultra Telecommunications ProShares (LTL)

ARVR

First Trust Indxx Metaverse ETF

ARVR Description

The investment seeks to provide investment results that, before fees and expenses, track the price return performance of the EQM Tactile AR/VR Virtual Technology Index. The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that are expected to benefit from the increased adoption of augmented reality ("AR") and virtual reality ("VR") technologies. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the index concentrates in an industry or group of industries. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.00

Average Daily Volume

1,563

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LTL

ProShares Ultra Telecommunications ProShares

LTL Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Select TelecommunicationsSM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of U.S. stock market performance of fixed line (regional and long-distance carriers) and mobile telephone services (cellular, satellite and paging services). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.00

Average Daily Volume

2,905

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARVR	LTL
30 Days	0.85%	11.65%
60 Days	4.12%	17.61%
90 Days	2.98%	20.33%
12 Months	15.63%	73.96%

4 Overlapping Holdings

Symbol	Grade	Weight in ARVR	Weight in LTL	Overlap
EA	A	3.52%	3.23%	3.23%
META	C	2.94%	14.46%	2.94%
NFLX	A	3.49%	4.68%	3.49%
TTWO	A	3.58%	3.41%	3.41%

ARVR Overweight 19 Positions Relative to LTL

Symbol	Grade	Weight
RBLX	B	3.79%
ZM	B	3.55%
APH	B	3.38%
NVDA	A	3.26%
INTC	C	3.25%
TSM	B	3.1%
ADBE	D	3.1%
MSFT	D	3.09%
TXN	C	3.08%
SNAP	D	3.08%
AAPL	C	3.04%
SNPS	C	3.03%
SONY	B	2.98%
QCOM	F	2.95%
MU	D	2.82%
AMD	F	2.54%
MCHP	F	2.52%
TDOC	D	1.18%
U	F	1.01%

ARVR Underweight 18 Positions Relative to LTL

Symbol	Grade	Weight
GOOGL	B	-7.99%
GOOG	B	-6.6%
CHTR	B	-3.46%
TMUS	B	-3.46%
CMCSA	B	-3.31%
DIS	B	-3.26%
T	A	-3.08%
VZ	C	-2.72%
WBD	B	-2.41%
OMC	C	-2.4%
LYV	A	-2.27%
IPG	F	-1.32%
NWSA	B	-1.31%
FOXA	B	-1.18%
MTCH	F	-0.93%
PARA	D	-0.78%
FOX	A	-0.64%
NWS	A	-0.42%