PFFL vs. SMN ETF Comparison
Comparison of ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048 (PFFL) to ProShares UltraShort Basic Materials (SMN)
PFFL
ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048
PFFL Description
The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive Preferred Stock ETF Index (the “index”). The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.
Grade (RS Rating)
Last Trade
$10.61
Average Daily Volume
5,800
2
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
$6.98
Average Daily Volume
7,360
43
Performance
Period | PFFL | SMN |
---|---|---|
30 Days | 9.87% | -4.27% |
60 Days | 13.32% | -6.81% |
90 Days | 13.95% | -7.38% |
12 Months | 24.17% | -21.92% |
0 Overlapping Holdings
Symbol | Grade | Weight in PFFL | Weight in SMN | Overlap |
---|
PFFL Underweight 43 Positions Relative to SMN
Symbol | Grade | Weight | |
---|---|---|---|
LIN | B | -18.22% | |
APD | B | -8.28% | |
ECL | B | -7.77% | |
DD | B | -7.23% | |
DOW | D | -6.27% | |
NEM | B | -5.65% | |
PPG | C | -4.81% | |
LYB | F | -3.74% | |
CTVA | B | -3.36% | |
FCX | D | -2.96% | |
NUE | F | -2.59% | |
IFF | B | -2.28% | |
CE | D | -2.25% | |
FMC | C | -2.05% | |
EMN | B | -1.67% | |
CF | B | -1.59% | |
RPM | B | -1.53% | |
ALB | F | -1.36% | |
RS | D | -1.28% | |
MOS | F | -1.21% | |
RGLD | B | -1.17% | |
STLD | D | -1.13% | |
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% | |
AA | D | -0.52% | |
OLN | D | -0.45% | |
CC | F | -0.45% | |
ESI | D | -0.44% | |
SXT | C | -0.44% | |
CMC | D | -0.41% | |
FUL | D | -0.4% | |
CBT | B | -0.4% | |
WLK | D | -0.39% | |
ATI | C | -0.37% | |
CRS | B | -0.35% | |
X | D | -0.28% | |
WOR | F | -0.24% | |
BTU | D | -0.1% |
PFFL: Top Represented Industries & Keywords
SMN: Top Represented Industries & Keywords