REW vs. ACWV ETF Comparison

Comparison of ProShares UltraShort Technology (REW) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)

REW

ProShares UltraShort Technology

REW 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. TechnologySM 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 technology sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.26

Average Daily Volume

16,881

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.36

Average Daily Volume

120,821

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	REW	ACWV
30 Days	-1.29%	-0.61%
60 Days	-9.25%	-0.32%
90 Days	-8.87%	0.70%
12 Months	-39.42%	18.15%

18 Overlapping Holdings

Symbol	Grade	Weight in REW	Weight in ACWV	Overlap
AKAM	D	0.23%	0.27%	0.23%
ANET	C	0.18%	0.06%	0.06%
AZPN	A	0.14%	0.11%	0.11%
BAH	F	0.17%	0.37%	0.17%
CSCO	B	3.09%	1.57%	1.57%
CTSH	B	0.51%	0.21%	0.21%
FFIV	B	0.12%	0.36%	0.12%
FICO	B	0.17%	0.12%	0.12%
GDDY	A	0.19%	0.64%	0.19%
IBM	C	1.82%	0.73%	0.73%
IT	C	0.21%	0.07%	0.07%
JNPR	D	0.12%	0.32%	0.12%
MSFT	D	17.29%	0.76%	0.76%
MSI	B	0.45%	1.88%	0.45%
ORCL	A	1.77%	0.54%	0.54%
PTC	B	0.12%	0.22%	0.12%
VRSN	C	0.33%	0.35%	0.33%
WDAY	B	0.44%	0.1%	0.1%

REW Overweight 70 Positions Relative to ACWV

Symbol	Grade	Weight
AAPL	C	18.06%
GOOGL	C	5.25%
GOOG	C	5.24%
META	D	4.46%
INTC	C	3.85%
ADBE	C	2.51%
CRM	B	2.4%
NVDA	B	2.26%
TXN	C	1.83%
AVGO	D	1.82%
QCOM	F	1.63%
INTU	B	1.09%
MU	D	0.95%
NOW	A	0.87%
AMAT	F	0.86%
AMD	F	0.84%
LRCX	F	0.66%
ADI	D	0.65%
ADSK	A	0.63%
HPQ	B	0.48%
KLAC	F	0.42%
EBAY	D	0.41%
MCHP	F	0.39%
PANW	B	0.35%
SNPS	B	0.34%
ANSS	B	0.34%
CDNS	B	0.31%
SWKS	F	0.31%
IAC	F	0.3%
WDC	D	0.3%
VEEV	C	0.29%
HPE	B	0.29%
CDW	F	0.29%
MRVL	B	0.28%
FTNT	C	0.25%
PAYC	B	0.22%
TWLO	A	0.22%
SNAP	D	0.22%
SSNC	B	0.21%
STX	C	0.21%
OKTA	C	0.21%
NTAP	C	0.21%
GRMN	B	0.21%
RNG	C	0.21%
QRVO	F	0.2%
LDOS	C	0.2%
LUMN	C	0.2%
EPAM	B	0.19%
TYL	B	0.18%
TTD	B	0.17%
TER	F	0.17%
DOX	D	0.15%
ON	D	0.15%
DXC	B	0.14%
GWRE	A	0.14%
OLED	F	0.13%
DOCU	B	0.13%
DELL	B	0.12%
HUBS	A	0.11%
DAY	B	0.11%
MPWR	F	0.11%
ENTG	D	0.11%
CIEN	C	0.1%
CACI	D	0.1%
XRX	F	0.1%
LITE	B	0.09%
SNX	D	0.09%
Z	A	0.09%
ETSY	D	0.09%
MKSI	C	0.09%

REW Underweight 121 Positions Relative to ACWV

Symbol	Grade	Weight
TMUS	B	-2.03%
WMT	A	-1.82%
WM	B	-1.5%
MCK	A	-1.42%
ROP	B	-1.36%
RSG	A	-1.19%
VRTX	D	-1.13%
PEP	F	-1.08%
MRK	D	-1.06%
JNJ	C	-1.05%
COR	B	-1.05%
MCD	D	-1.02%
BRK.A	B	-0.91%
CB	C	-0.88%
MMC	B	-0.88%
PGR	A	-0.84%
ED	C	-0.84%
UNH	B	-0.83%
KR	B	-0.83%
PG	C	-0.82%
DUK	C	-0.81%
SO	C	-0.8%
NOC	D	-0.77%
AZO	C	-0.77%
VZ	C	-0.76%
WEC	A	-0.68%
EA	A	-0.63%
ORLY	B	-0.62%
REGN	F	-0.61%
GIS	D	-0.61%
V	A	-0.59%
K	A	-0.57%
ACGL	C	-0.57%
CBOE	C	-0.54%
APH	A	-0.54%
LLY	F	-0.52%
ABBV	F	-0.49%
GILD	C	-0.48%
FI	A	-0.48%
CHD	A	-0.46%
HSY	F	-0.44%
MKL	A	-0.43%
ELV	F	-0.42%
WRB	A	-0.41%
KEYS	A	-0.41%
L	A	-0.4%
UTHR	C	-0.4%
WCN	A	-0.39%
INCY	C	-0.38%
CHT	C	-0.37%
TJX	A	-0.37%
KDP	F	-0.36%
CL	D	-0.35%
AON	A	-0.35%
AMGN	F	-0.34%
KHC	F	-0.33%
AJG	A	-0.33%
TRV	B	-0.32%
TSN	B	-0.32%
NBIX	C	-0.31%
HUM	C	-0.31%
BRO	B	-0.3%
GEN	B	-0.3%
KMB	C	-0.3%
SJM	D	-0.27%
T	A	-0.26%
ACN	B	-0.26%
ERIE	D	-0.26%
MDLZ	F	-0.25%
BMY	B	-0.25%
CF	A	-0.25%
CI	D	-0.24%
YUM	D	-0.24%
FCNCA	A	-0.23%
LMT	D	-0.23%
CME	B	-0.23%
HRL	D	-0.23%
FWONK	A	-0.22%
BDX	F	-0.22%
CPB	D	-0.22%
ROL	B	-0.21%
MFG	A	-0.21%
JKHY	D	-0.2%
MA	B	-0.19%
BMRN	F	-0.19%
DPZ	C	-0.19%
CAH	B	-0.18%
GD	D	-0.18%
LNG	A	-0.16%
ULTA	F	-0.16%
CMS	C	-0.16%
MPC	D	-0.15%
DGX	A	-0.15%
AIZ	A	-0.13%
WIT	B	-0.12%
CTVA	C	-0.12%
MOH	F	-0.12%
MNST	C	-0.12%
TDY	B	-0.11%
AEE	A	-0.11%
XEL	A	-0.11%
EG	C	-0.1%
WTW	B	-0.1%
XOM	B	-0.1%
PCG	A	-0.1%
ABT	B	-0.1%
TPL	A	-0.1%
NEM	D	-0.09%
TRGP	A	-0.08%
AEP	C	-0.07%
KNX	C	-0.06%
DINO	D	-0.06%
FANG	C	-0.06%
CHRW	B	-0.06%
CAG	F	-0.05%
GPC	D	-0.05%
HOLX	D	-0.05%
ACI	C	-0.05%
KO	D	-0.05%
HSIC	C	-0.05%
HKD	F	-0.0%