REW vs. CARK ETF Comparison

Comparison of ProShares UltraShort Technology (REW) to The Advisors? Inner Circle Fund II CastleArk Large Growth ETF (CARK)

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

CARK

The Advisors? Inner Circle Fund II CastleArk Large Growth ETF

CARK Description

The fund is an actively managed exchange-traded Fund ("ETF"). Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in common stock of large-capitalization companies. The fund may also invest up to 20% of its net assets, plus borrowings for investment purposes, in common stock of mid-capitalization companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.15

Average Daily Volume

317

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	REW	CARK
30 Days	-1.29%	0.89%
60 Days	-9.25%	4.15%
90 Days	-8.87%	4.37%
12 Months	-39.42%

13 Overlapping Holdings

Symbol	Grade	Weight in REW	Weight in CARK	Overlap
AAPL	C	18.06%	8.53%	8.53%
ADBE	C	2.51%	0.81%	0.81%
AMAT	F	0.86%	0.79%	0.79%
ANET	C	0.18%	3.9%	0.18%
FICO	B	0.17%	2.0%	0.17%
GOOGL	C	5.25%	5.83%	5.25%
LRCX	F	0.66%	0.6%	0.6%
META	D	4.46%	4.69%	4.46%
MSFT	D	17.29%	11.72%	11.72%
NOW	A	0.87%	4.1%	0.87%
NVDA	B	2.26%	13.68%	2.26%
SNPS	B	0.34%	1.16%	0.34%
TTD	B	0.17%	2.05%	0.17%

REW Overweight 75 Positions Relative to CARK

Symbol	Grade	Weight
GOOG	C	5.24%
INTC	C	3.85%
CSCO	B	3.09%
CRM	B	2.4%
TXN	C	1.83%
AVGO	D	1.82%
IBM	C	1.82%
ORCL	A	1.77%
QCOM	F	1.63%
INTU	B	1.09%
MU	D	0.95%
AMD	F	0.84%
ADI	D	0.65%
ADSK	A	0.63%
CTSH	B	0.51%
HPQ	B	0.48%
MSI	B	0.45%
WDAY	B	0.44%
KLAC	F	0.42%
EBAY	D	0.41%
MCHP	F	0.39%
PANW	B	0.35%
ANSS	B	0.34%
VRSN	C	0.33%
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%
AKAM	D	0.23%
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%
IT	C	0.21%
RNG	C	0.21%
QRVO	F	0.2%
LDOS	C	0.2%
LUMN	C	0.2%
GDDY	A	0.19%
EPAM	B	0.19%
TYL	B	0.18%
BAH	F	0.17%
TER	F	0.17%
DOX	D	0.15%
ON	D	0.15%
DXC	B	0.14%
GWRE	A	0.14%
AZPN	A	0.14%
OLED	F	0.13%
DOCU	B	0.13%
DELL	B	0.12%
JNPR	D	0.12%
FFIV	B	0.12%
PTC	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 13 Positions Relative to CARK

Symbol	Grade	Weight
AMZN	C	-7.62%
MA	B	-4.6%
BX	A	-4.44%
V	A	-3.99%
ISRG	A	-3.07%
NFLX	A	-3.05%
VRTX	D	-2.67%
LLY	F	-2.28%
APO	B	-1.95%
SBUX	A	-1.45%
HD	B	-1.44%
UNP	C	-1.36%
UBER	F	-1.21%