REK vs. HSMV ETF Comparison

Comparison of ProShares Short Real Estate (REK) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

REK

ProShares Short Real Estate

REK 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. Real EstateSM 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 real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.43

Average Daily Volume

10,442

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HSMV

First Trust Horizon Managed Volatility Small/Mid ETF

HSMV Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in small- and/or mid-capitalization common stocks listed and traded on U.S. national securities exchanges that Sub-Advisor believes exhibit low future expected volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.50

Average Daily Volume

1,335

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

Performance

Period	REK	HSMV
30 Days	0.93%	4.88%
60 Days	2.61%	5.46%
90 Days	-0.45%	6.96%
12 Months	-15.33%	27.49%

16 Overlapping Holdings

Symbol	Grade	Weight in REK	Weight in HSMV	Overlap
AMH	D	0.54%	1.24%	0.54%
BRX	A	0.48%	0.48%	0.48%
CUBE	D	0.47%	0.24%	0.24%
EGP	F	0.41%	0.63%	0.41%
ELS	C	1.0%	0.81%	0.81%
EPR	D	0.44%	0.79%	0.44%
FR	C	0.42%	0.45%	0.42%
GLPI	C	0.72%	0.99%	0.72%
LAMR	D	0.62%	0.43%	0.43%
LXP	D	0.21%	0.34%	0.21%
NNN	D	0.74%	1.01%	0.74%
OHI	C	0.74%	1.08%	0.74%
PCH	D	0.23%	0.19%	0.19%
REXR	F	0.41%	0.2%	0.2%
RYN	D	0.32%	0.42%	0.32%
SBRA	C	0.33%	0.55%	0.33%

REK Overweight 71 Positions Relative to HSMV

Symbol	Grade	Weight
AMT	D	8.05%
CCI	D	4.7%
PLD	D	4.64%
EQIX	A	3.91%
SPG	B	3.53%
WELL	A	2.73%
PSA	D	2.58%
AVB	B	2.35%
EQR	B	2.24%
SBAC	D	2.21%
DLR	B	2.02%
O	D	1.94%
CSGP	D	1.85%
WY	D	1.8%
VTR	C	1.71%
ESS	B	1.59%
CBRE	B	1.59%
BXP	D	1.56%
ARE	D	1.46%
DOC	D	1.4%
INVH	D	1.28%
MAA	B	1.19%
EXR	D	1.13%
WPC	D	1.12%
SUI	D	1.12%
NLY	C	1.08%
UDR	B	1.08%
HST	C	1.0%
MPW	F	0.9%
VNO	B	0.83%
CPT	B	0.83%
REG	B	0.82%
AGNC	D	0.77%
VICI	C	0.76%
FRT	B	0.71%
IRM	D	0.7%
JLL	D	0.69%
KIM	A	0.67%
KRC	C	0.63%
AIV	C	0.61%
SLG	B	0.58%
STWD	C	0.56%
DEI	B	0.54%
COLD	D	0.53%
CUZ	B	0.48%
PK	B	0.46%
HPP	F	0.45%
HHH	B	0.42%
HIW	D	0.41%
BXMT	C	0.39%
RHP	B	0.37%
JBGS	D	0.37%
HR	C	0.36%
TWO	D	0.32%
OUT	A	0.32%
CIM	D	0.31%
SVC	F	0.31%
EQC	B	0.31%
NHI	D	0.29%
DSS	F	0.28%
MFA	D	0.28%
APLE	B	0.26%
PEB	D	0.26%
SHO	C	0.24%
RLJ	C	0.23%
PDM	D	0.23%
BDN	C	0.22%
PGRE	F	0.22%
MAC	B	0.22%
IVR	F	0.19%
XHR	B	0.18%

REK Underweight 131 Positions Relative to HSMV

Symbol	Grade	Weight
ATR	B	-2.09%
DTM	B	-2.06%
SEIC	B	-1.89%
ORI	A	-1.76%
IDA	A	-1.65%
INGR	B	-1.65%
OGE	B	-1.59%
POST	C	-1.56%
CTRE	D	-1.54%
RLI	B	-1.42%
MSGS	A	-1.4%
ADC	B	-1.34%
DCI	B	-1.33%
CACI	D	-1.29%
FHI	A	-1.26%
NJR	A	-1.24%
AM	A	-1.21%
NFG	A	-1.18%
FLO	D	-1.17%
CHE	D	-1.16%
NWE	B	-1.13%
AFG	A	-1.08%
POR	C	-1.07%
GGG	B	-1.06%
GNTX	C	-0.99%
NYT	C	-0.95%
BKH	A	-0.9%
EHC	B	-0.9%
MMS	F	-0.89%
FCPT	C	-0.86%
DLB	B	-0.85%
CBSH	A	-0.83%
MSA	D	-0.8%
PRI	A	-0.78%
IDCC	A	-0.77%
AVA	A	-0.76%
LSTR	D	-0.76%
PBH	A	-0.76%
EFC	C	-0.76%
KBR	F	-0.75%
PECO	A	-0.74%
LOPE	B	-0.74%
ENSG	D	-0.73%
AWR	B	-0.72%
OGS	A	-0.72%
SF	B	-0.72%
RPM	A	-0.68%
SLGN	A	-0.68%
RNR	C	-0.67%
CPK	A	-0.67%
CW	B	-0.67%
RGA	A	-0.67%
AGO	B	-0.67%
ESNT	D	-0.67%
JHG	A	-0.66%
EPRT	B	-0.65%
MDU	D	-0.64%
AMG	B	-0.63%
CDP	C	-0.63%
SCI	B	-0.62%
PRGS	A	-0.58%
ACM	A	-0.57%
FELE	B	-0.56%
GATX	A	-0.56%
CHH	A	-0.56%
MTG	C	-0.55%
COLM	B	-0.55%
NMIH	D	-0.55%
RS	B	-0.54%
BCPC	B	-0.53%
FLS	B	-0.52%
CWT	D	-0.51%
FNF	B	-0.51%
EPC	D	-0.49%
AVT	C	-0.49%
FCN	D	-0.49%
BWXT	B	-0.48%
MUSA	A	-0.47%
LANC	C	-0.46%
JEF	A	-0.46%
PFGC	B	-0.45%
CHDN	B	-0.45%
ARW	D	-0.45%
PB	A	-0.45%
CNO	A	-0.44%
MSM	C	-0.44%
ENR	B	-0.43%
BLKB	B	-0.41%
RDN	C	-0.4%
FAF	A	-0.4%
FNB	A	-0.38%
ITT	A	-0.38%
CLH	B	-0.38%
EXEL	B	-0.38%
ASH	D	-0.36%
GPK	C	-0.36%
ABM	B	-0.36%
BJ	A	-0.36%
COOP	B	-0.35%
G	B	-0.35%
IOSP	B	-0.35%
SAIC	F	-0.35%
RGLD	C	-0.34%
EVR	B	-0.34%
LECO	B	-0.34%
JAZZ	B	-0.33%
CSL	C	-0.33%
MAN	D	-0.32%
KEX	C	-0.31%
AGCO	D	-0.31%
JJSF	B	-0.31%
ONB	B	-0.31%
R	B	-0.3%
KFY	B	-0.29%
MTN	C	-0.29%
ALV	C	-0.29%
MIDD	C	-0.28%
EVTC	B	-0.28%
OSK	B	-0.28%
ORA	B	-0.27%
PLXS	B	-0.27%
CASY	A	-0.26%
LII	A	-0.26%
HRB	D	-0.26%
FSS	B	-0.24%
LFUS	F	-0.24%
AIN	C	-0.24%
IRT	A	-0.23%
HXL	D	-0.22%
CRI	D	-0.21%
NSA	D	-0.13%