REW vs. QLTY ETF Comparison

Comparison of ProShares UltraShort Technology (REW) to GMO U.S. Quality ETF (QLTY)

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

$10.17

Average Daily Volume

15,999

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLTY

GMO U.S. Quality ETF

QLTY Description

QLTY seeks total return by investing in US companies deemed high quality. These companies are defined as having established businesses capable of delivering substantial returns on past investments, utilizing cash flows for high-return investments, or returning cash to shareholders through dividends or share buybacks. The investment strategy combines systematic factors like profitability and leverage, alongside judgmental factors such as assessments of future profitability and growth prospects. It may also use various valuation methodologies, including discounted cash flow analysis and multiples of price-to-earnings, revenues, book values, or other fundamental metrics, to acquire underrated stocks. Additionally, the fund may invest in other ETFs. The fund may also invest in the GMO U.S. Treasury Fund, and money market funds. Investment decisions are not constrained by portfolio turnover rates or benchmark considerations.

Grade (RS Rating)

Last Trade

$32.95

Average Daily Volume

266,826

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	REW	QLTY
30 Days	-3.64%	2.81%
60 Days	-7.71%	1.23%
90 Days	-13.34%	4.11%
12 Months	-40.17%	28.31%

10 Overlapping Holdings

Symbol	Grade	Weight in REW	Weight in QLTY	Overlap
AAPL	A	18.06%	5.33%	5.33%
AVGO	D	1.82%	2.45%	1.82%
CRM	B	2.4%	2.84%	2.4%
GOOGL	C	5.25%	4.43%	4.43%
KLAC	D	0.42%	2.85%	0.42%
LRCX	D	0.66%	2.85%	0.66%
META	D	4.46%	4.5%	4.46%
MSFT	C	17.29%	6.46%	6.46%
ORCL	B	1.77%	4.71%	1.77%
TXN	D	1.83%	3.53%	1.83%

REW Overweight 78 Positions Relative to QLTY

Symbol	Grade	Weight
GOOG	C	5.24%
INTC	D	3.85%
CSCO	A	3.09%
ADBE	C	2.51%
NVDA	C	2.26%
IBM	C	1.82%
QCOM	F	1.63%
INTU	C	1.09%
MU	D	0.95%
NOW	A	0.87%
AMAT	F	0.86%
AMD	F	0.84%
ADI	D	0.65%
ADSK	B	0.63%
CTSH	A	0.51%
HPQ	B	0.48%
MSI	B	0.45%
WDAY	C	0.44%
EBAY	C	0.41%
MCHP	D	0.39%
PANW	B	0.35%
SNPS	B	0.34%
ANSS	B	0.34%
VRSN	C	0.33%
CDNS	B	0.31%
SWKS	D	0.31%
IAC	D	0.3%
WDC	C	0.3%
VEEV	B	0.29%
HPE	B	0.29%
CDW	F	0.29%
MRVL	B	0.28%
FTNT	B	0.25%
AKAM	D	0.23%
PAYC	A	0.22%
TWLO	B	0.22%
SNAP	C	0.22%
SSNC	A	0.21%
STX	D	0.21%
OKTA	C	0.21%
NTAP	B	0.21%
GRMN	B	0.21%
IT	C	0.21%
RNG	B	0.21%
QRVO	F	0.2%
LDOS	D	0.2%
LUMN	C	0.2%
GDDY	A	0.19%
EPAM	C	0.19%
ANET	C	0.18%
TYL	A	0.18%
BAH	F	0.17%
TTD	B	0.17%
FICO	A	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	F	0.13%
DOCU	B	0.13%
DELL	C	0.12%
JNPR	F	0.12%
FFIV	A	0.12%
PTC	A	0.12%
HUBS	B	0.11%
DAY	B	0.11%
MPWR	F	0.11%
ENTG	D	0.11%
CIEN	B	0.1%
CACI	D	0.1%
XRX	F	0.1%
LITE	B	0.09%
SNX	C	0.09%
Z	B	0.09%
ETSY	C	0.09%
MKSI	C	0.09%

REW Underweight 24 Positions Relative to QLTY

Symbol	Grade	Weight
JNJ	D	-4.24%
ABT	B	-4.17%
UNH	B	-3.62%
ACN	B	-3.3%
V	A	-3.22%
PG	A	-3.2%
ISRG	B	-2.92%
KO	D	-2.81%
HLT	A	-2.62%
ARMK	A	-2.56%
ELV	F	-2.5%
WFC	A	-2.45%
MRK	D	-2.41%
AMZN	B	-2.4%
USB	A	-2.31%
OTIS	C	-2.25%
TJX	A	-2.14%
GE	C	-1.73%
MDLZ	F	-1.72%
LLY	D	-1.61%
STZ	F	-1.59%
CI	D	-1.49%
DGX	B	-1.35%
TMO	F	-0.91%