FTXO vs. SEF ETF Comparison

Comparison of First Trust Nasdaq Bank ETF (FTXO) to ProShares Short Financials (SEF)

FTXO

First Trust Nasdaq Bank ETF

FTXO Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq US Smart Banks Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.35

Average Daily Volume

39,712

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SEF

ProShares Short Financials

SEF Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. 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 measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.47

Average Daily Volume

11,831

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FTXO	SEF
30 Days	11.18%	-4.55%
60 Days	14.73%	-7.70%
90 Days	18.47%	-10.37%
12 Months	58.97%	-25.24%

12 Overlapping Holdings

Symbol	Grade	Weight in FTXO	Weight in SEF	Overlap
BAC	A	7.85%	4.46%	4.46%
C	B	7.58%	2.98%	2.98%
CFG	B	3.77%	0.3%	0.3%
FITB	B	3.54%	0.35%	0.35%
HBAN	B	3.72%	0.26%	0.26%
JPM	B	7.5%	7.27%	7.27%
KEY	B	2.55%	0.32%	0.32%
MTB	A	4.32%	0.36%	0.36%
PNC	B	3.91%	1.13%	1.13%
RF	A	3.32%	0.27%	0.27%
USB	A	7.42%	1.32%	1.32%
WFC	A	8.67%	3.19%	3.19%

FTXO Overweight 38 Positions Relative to SEF

Symbol	Grade	Weight
FCNCA	A	3.69%
WBS	A	1.98%
FHN	B	1.93%
EWBC	A	1.6%
PB	B	1.48%
PNFP	B	1.35%
WAL	B	1.22%
COLB	B	1.16%
ZION	B	1.15%
SSB	B	1.14%
WTFC	B	1.13%
ONB	B	1.1%
BOKF	B	1.05%
SNV	B	1.04%
OZK	B	0.99%
UBSI	B	0.97%
BPOP	C	0.9%
CFR	B	0.83%
HWC	B	0.79%
HOMB	B	0.78%
ABCB	B	0.73%
UMBF	B	0.69%
CBSH	B	0.62%
CATY	B	0.6%
SFBS	B	0.52%
IBOC	B	0.52%
FULT	B	0.52%
BANF	B	0.51%
BKU	A	0.51%
AX	B	0.51%
CBU	B	0.5%
FFIN	B	0.5%
FFBC	B	0.49%
WSFS	B	0.49%
PRK	B	0.49%
TBBK	B	0.46%
WAFD	B	0.45%
FBP	B	0.43%

FTXO Underweight 85 Positions Relative to SEF

Symbol	Grade	Weight
BRK.A	B	-7.56%
V	A	-5.88%
MA	B	-4.83%
AMT	D	-1.74%
AXP	B	-1.49%
GS	B	-1.34%
TFC	B	-1.27%
CME	A	-1.25%
SPGI	D	-1.22%
MS	B	-1.19%
CB	D	-1.17%
BLK	B	-1.06%
CCI	C	-1.02%
PLD	D	-1.0%
MMC	D	-0.97%
SCHW	A	-0.93%
ICE	D	-0.91%
EQIX	A	-0.84%
AON	B	-0.83%
COF	B	-0.81%
AIG	D	-0.77%
SPG	A	-0.76%
PGR	B	-0.75%
MCO	B	-0.7%
MET	A	-0.69%
BX	A	-0.67%
PRU	B	-0.66%
AFL	C	-0.66%
BK	B	-0.65%
ALL	A	-0.64%
TRV	B	-0.61%
WELL	A	-0.59%
PSA	D	-0.56%
TROW	B	-0.52%
AVB	B	-0.51%
STT	A	-0.5%
SBAC	D	-0.48%
EQR	C	-0.48%
DLR	A	-0.44%
WTW	B	-0.44%
DFS	B	-0.44%
O	D	-0.42%
MSCI	C	-0.4%
CSGP	C	-0.4%
WY	D	-0.39%
NTRS	A	-0.39%
AMP	A	-0.37%
VTR	B	-0.37%
HIG	A	-0.37%
SYF	B	-0.36%
BXP	D	-0.34%
CBRE	B	-0.34%
ESS	B	-0.34%
ARE	F	-0.32%
ACGL	D	-0.31%
DOC	D	-0.3%
AJG	A	-0.3%
INVH	D	-0.28%
MKL	A	-0.28%
CINF	A	-0.27%
MAA	B	-0.26%
PFG	C	-0.25%
MKTX	D	-0.24%
WPC	C	-0.24%
SUI	C	-0.24%
EXR	C	-0.24%
L	A	-0.23%
NLY	D	-0.23%
UDR	C	-0.23%
HST	D	-0.22%
ELS	B	-0.22%
FNF	D	-0.22%
NDAQ	A	-0.21%
RJF	A	-0.2%
LNC	B	-0.2%
EG	C	-0.19%
MPW	F	-0.19%
ALLY	C	-0.19%
EQH	B	-0.19%
GL	C	-0.18%
FDS	B	-0.18%
REG	A	-0.18%
VNO	C	-0.18%
CPT	C	-0.18%
WRB	A	-0.17%