REW vs. MMLG ETF Comparison

Comparison of ProShares UltraShort Technology (REW) to First Trust Multi-Manager Large Growth ETF (MMLG)

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

16,636

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MMLG

First Trust Multi-Manager Large Growth ETF

MMLG Description

The investment seeks to provide long-term capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities issued by large capitalization companies. Its portfolio will be principally composed of common stocks issued by companies domiciled in the United States, common stocks issued by non-U.S. companies that are principally traded in the United States and ADR. The fund utilizes a multi-manager approach to provide exposure to the large capitalization growth segment of the equity market through the blending of multiple portfolio management teams. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.47

Average Daily Volume

12,050

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	REW	MMLG
30 Days	-4.57%	5.74%
60 Days	-9.33%	7.34%
90 Days	-8.88%	8.66%
12 Months	-39.43%	35.13%

25 Overlapping Holdings

Symbol	Grade	Weight in REW	Weight in MMLG	Overlap
AAPL	C	18.06%	4.57%	4.57%
ADBE	C	2.51%	0.64%	0.64%
AMD	F	0.84%	0.29%	0.29%
ANET	C	0.18%	0.47%	0.18%
AVGO	D	1.82%	1.98%	1.82%
CDNS	B	0.31%	0.54%	0.31%
CDW	F	0.29%	0.4%	0.29%
CRM	B	2.4%	0.9%	0.9%
ENTG	D	0.11%	1.1%	0.11%
GOOGL	C	5.25%	2.26%	2.26%
HUBS	A	0.11%	0.28%	0.11%
INTU	C	1.09%	0.73%	0.73%
IT	C	0.21%	0.52%	0.21%
KLAC	D	0.42%	0.55%	0.42%
META	D	4.46%	4.47%	4.46%
MSFT	F	17.29%	6.68%	6.68%
NOW	A	0.87%	3.93%	0.87%
NVDA	C	2.26%	10.25%	2.26%
OKTA	C	0.21%	1.02%	0.21%
PANW	C	0.35%	0.43%	0.35%
PTC	A	0.12%	0.4%	0.12%
QCOM	F	1.63%	0.58%	0.58%
TXN	C	1.83%	0.29%	0.29%
VEEV	C	0.29%	0.56%	0.29%
WDAY	B	0.44%	0.44%	0.44%

REW Overweight 63 Positions Relative to MMLG

Symbol	Grade	Weight
GOOG	C	5.24%
INTC	D	3.85%
CSCO	B	3.09%
IBM	C	1.82%
ORCL	B	1.77%
MU	D	0.95%
AMAT	F	0.86%
LRCX	F	0.66%
ADI	D	0.65%
ADSK	A	0.63%
CTSH	B	0.51%
HPQ	B	0.48%
MSI	B	0.45%
EBAY	D	0.41%
MCHP	D	0.39%
SNPS	B	0.34%
ANSS	B	0.34%
VRSN	F	0.33%
SWKS	F	0.31%
IAC	D	0.3%
WDC	D	0.3%
HPE	B	0.29%
MRVL	B	0.28%
FTNT	C	0.25%
AKAM	D	0.23%
PAYC	B	0.22%
TWLO	A	0.22%
SNAP	C	0.22%
SSNC	B	0.21%
STX	D	0.21%
NTAP	C	0.21%
GRMN	B	0.21%
RNG	B	0.21%
QRVO	F	0.2%
LDOS	C	0.2%
LUMN	C	0.2%
GDDY	A	0.19%
EPAM	C	0.19%
TYL	B	0.18%
BAH	F	0.17%
TTD	B	0.17%
FICO	B	0.17%
TER	D	0.17%
DOX	D	0.15%
ON	D	0.15%
DXC	B	0.14%
GWRE	A	0.14%
AZPN	A	0.14%
OLED	D	0.13%
DOCU	A	0.13%
DELL	C	0.12%
JNPR	F	0.12%
FFIV	B	0.12%
DAY	B	0.11%
MPWR	F	0.11%
CIEN	B	0.1%
CACI	D	0.1%
XRX	F	0.1%
LITE	B	0.09%
SNX	C	0.09%
Z	A	0.09%
ETSY	D	0.09%
MKSI	C	0.09%

REW Underweight 52 Positions Relative to MMLG

Symbol	Grade	Weight
AMZN	C	-6.51%
NFLX	A	-2.79%
SHOP	B	-2.64%
TEAM	A	-2.14%
DDOG	A	-2.1%
SE	B	-2.06%
UBER	D	-1.87%
DASH	A	-1.85%
SPOT	B	-1.83%
SQ	B	-1.8%
DXCM	D	-1.69%
NU	C	-1.61%
ICE	C	-1.48%
MA	C	-1.45%
LLY	F	-1.42%
IOT	A	-1.42%
NET	B	-1.35%
ASML	F	-1.23%
V	A	-1.09%
TSLA	B	-0.93%
RARE	D	-0.83%
RBLX	C	-0.79%
CMG	B	-0.75%
LYV	A	-0.65%
SNOW	C	-0.65%
MRK	F	-0.63%
ORLY	B	-0.62%
SHW	A	-0.55%
IR	B	-0.52%
UNH	C	-0.49%
AXP	A	-0.48%
ARES	A	-0.44%
BSX	B	-0.44%
EQIX	A	-0.43%
VRTX	F	-0.41%
SPGI	C	-0.4%
KKR	A	-0.4%
COHR	B	-0.39%
BLDR	D	-0.37%
MDB	C	-0.36%
MNST	C	-0.35%
ABNB	C	-0.32%
NKE	D	-0.32%
NDSN	B	-0.31%
ACGL	D	-0.3%
EW	C	-0.3%
APH	A	-0.3%
DKNG	B	-0.29%
EL	F	-0.29%
PINS	D	-0.21%
FANG	D	-0.18%
VST	B	-0.13%