LTL vs. FMET ETF Comparison

Comparison of ProShares Ultra Telecommunications ProShares (LTL) to Fidelity Metaverse ETF (FMET)

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

$84.58

Average Daily Volume

2,888

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FMET

Fidelity Metaverse ETF

FMET Description

The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.14

Average Daily Volume

5,582

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LTL	FMET
30 Days	13.06%	0.20%
60 Days	18.43%	2.45%
90 Days	21.35%	0.64%
12 Months	73.38%	13.18%

4 Overlapping Holdings

Symbol	Grade	Weight in LTL	Weight in FMET	Overlap
EA	A	3.36%	2.71%	2.71%
GOOGL	C	7.87%	4.83%	4.83%
META	D	13.63%	4.65%	4.65%
TTWO	A	3.52%	2.49%	2.49%

LTL Overweight 18 Positions Relative to FMET

Symbol	Grade	Weight
GOOG	C	6.5%
NFLX	A	5.0%
DIS	B	3.75%
TMUS	B	3.5%
CHTR	C	3.39%
CMCSA	B	3.25%
T	A	3.18%
VZ	C	2.84%
WBD	B	2.49%
LYV	A	2.45%
OMC	C	2.27%
NWSA	A	1.28%
IPG	D	1.22%
FOXA	A	1.2%
MTCH	D	0.93%
PARA	C	0.74%
FOX	A	0.66%
NWS	A	0.42%

LTL Underweight 31 Positions Relative to FMET

Symbol	Grade	Weight
NVDA	B	-5.66%
AAPL	C	-4.44%
AMD	F	-4.44%
MSFT	D	-4.41%
QCOM	F	-4.18%
INTC	C	-4.09%
ADBE	C	-4.08%
EQIX	A	-3.47%
ADSK	A	-3.32%
DLR	B	-3.27%
RBLX	C	-2.4%
PTC	B	-2.24%
SNAP	D	-1.82%
PINS	F	-1.82%
BSY	F	-1.59%
GLOB	B	-1.54%
ALTR	B	-1.5%
U	C	-1.25%
CRUS	D	-1.05%
SMCI	F	-1.05%
AMBA	B	-0.99%
EXPI	D	-0.76%
MOMO	D	-0.73%
VNET	B	-0.72%
WB	D	-0.72%
BMBL	C	-0.72%
FSLY	D	-0.71%
DAVA	C	-0.68%
PLTK	B	-0.67%
HIMX	F	-0.61%
HEAR	D	-0.47%