PAVE vs. SMN ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to ProShares UltraShort Basic Materials (SMN)

PAVE

Global X U.S. Infrastructure Development ETF

PAVE Description

The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.

Grade (RS Rating)

Last Trade

$37.00

Average Daily Volume

1,111,498

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMN

ProShares UltraShort Basic Materials

SMN 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. Basic MaterialsSM 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 basic materials sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$7.51

Average Daily Volume

7,640

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	SMN
30 Days	-0.03%	-4.79%
60 Days	0.83%	-2.87%
90 Days	-0.83%	0.88%
12 Months	17.76%	-14.83%

10 Overlapping Holdings

Symbol	Grade	Weight in PAVE	Weight in SMN	Overlap
AA	F	0.45%	0.52%	0.45%
ATI	C	0.66%	0.37%	0.37%
CMC	D	0.49%	0.41%	0.41%
CRS	B	0.55%	0.35%	0.35%
NUE	F	2.28%	2.59%	2.28%
RPM	A	1.16%	1.53%	1.16%
RS	D	1.27%	1.28%	1.27%
STLD	D	1.52%	1.13%	1.13%
WLK	D	1.47%	0.39%	0.39%
X	F	0.66%	0.28%	0.28%

PAVE Overweight 88 Positions Relative to SMN

Symbol	Grade	Weight
TT	B	3.68%
URI	C	3.33%
PH	B	3.32%
ETN	D	3.2%
HWM	B	3.16%
PWR	C	3.09%
SRE	B	3.01%
EMR	D	2.87%
UNP	B	2.75%
NSC	B	2.74%
MLM	D	2.72%
DE	B	2.58%
FAST	D	2.57%
CSX	D	2.56%
VMC	D	2.49%
ROK	D	2.28%
FTV	D	2.04%
BLDR	C	1.69%
HUBB	C	1.66%
CSL	C	1.61%
J	C	1.5%
EME	C	1.42%
IEX	D	1.22%
PNR	B	1.13%
TRMB	D	1.11%
GGG	D	1.09%
ACM	B	1.08%
BLD	D	0.99%
TTEK	B	0.99%
WMS	D	0.97%
LECO	F	0.88%
RRX	D	0.86%
WWD	D	0.78%
TPC	C	0.72%
EXP	B	0.7%
CR	C	0.7%
MTZ	C	0.69%
RBC	C	0.68%
WCC	D	0.66%
MLI	B	0.63%
AYI	C	0.61%
POWL	C	0.56%
LPX	B	0.55%
CLF	F	0.54%
BMI	C	0.48%
VMI	C	0.47%
AGX	A	0.46%
USLM	C	0.45%
ZWS	D	0.44%
PRIM	C	0.44%
EXPO	B	0.43%
STRL	C	0.43%
GVA	B	0.43%
DXPE	B	0.43%
NWPX	B	0.41%
DY	D	0.4%
MDU	D	0.4%
ROAD	C	0.4%
CSWI	C	0.4%
MWA	C	0.39%
SUM	D	0.37%
ACA	D	0.35%
TRN	C	0.34%
CENX	F	0.34%
KNF	C	0.34%
DNOW	D	0.34%
MRC	D	0.33%
HRI	D	0.32%
GRC	D	0.31%
TEX	D	0.3%
HAYN	A	0.3%
MTX	D	0.3%
ATKR	F	0.27%
GBX	D	0.27%
ASTE	D	0.26%
IIIN	D	0.26%
CACC	F	0.26%
HEES	F	0.25%
MTRN	D	0.25%
CMCO	F	0.23%
CALX	D	0.22%
ROCK	D	0.22%
MTUS	F	0.21%
WNC	F	0.2%
MYRG	F	0.19%
CTOS	F	0.17%
RYI	F	0.15%
TITN	F	0.14%

PAVE Underweight 33 Positions Relative to SMN

Symbol	Grade	Weight
LIN	B	-18.22%
APD	B	-8.28%
ECL	B	-7.77%
DD	C	-7.23%
DOW	D	-6.27%
NEM	B	-5.65%
PPG	D	-4.81%
LYB	D	-3.74%
CTVA	B	-3.36%
FCX	D	-2.96%
IFF	A	-2.28%
CE	F	-2.25%
FMC	C	-2.05%
EMN	C	-1.67%
CF	B	-1.59%
ALB	F	-1.36%
MOS	F	-1.21%
RGLD	C	-1.17%
AXTA	C	-1.0%
HUN	D	-0.74%
ASH	D	-0.73%
SMG	C	-0.7%
VVV	D	-0.64%
NGVT	F	-0.55%
NEU	D	-0.55%
OLN	F	-0.45%
CC	F	-0.45%
ESI	D	-0.44%
SXT	C	-0.44%
FUL	C	-0.4%
CBT	B	-0.4%
WOR	F	-0.24%
BTU	D	-0.1%

SMN: Top Represented Industries & Keywords

Industries: Specialty Chemicals Chemicals Steel Agricultural Inputs Gold Metal Fabrication Aluminum Coal Copper Oil & Gas Refining & Marketing