REW vs. TECB ETF Comparison

Comparison of ProShares UltraShort Technology (REW) to iShares U.S. Tech Breakthrough Multisector ETF (TECB)

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

TECB

iShares U.S. Tech Breakthrough Multisector ETF

TECB Description

The fund seeks to track the investment results of the NYSE FactSet U.S. Tech Breakthrough Index (the underlying index), which measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. It generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.80

Average Daily Volume

19,806

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

Performance

Period	REW	TECB
30 Days	-4.57%	6.07%
60 Days	-9.33%	7.19%
90 Days	-8.88%	9.19%
12 Months	-39.43%	37.00%

37 Overlapping Holdings

Symbol	Grade	Weight in REW	Weight in TECB	Overlap
AAPL	C	18.06%	4.13%	4.13%
ADBE	C	2.51%	2.97%	2.51%
ADI	D	0.65%	1.39%	0.65%
ADSK	A	0.63%	0.89%	0.63%
AKAM	D	0.23%	0.37%	0.23%
AMD	F	0.84%	2.91%	0.84%
ANSS	B	0.34%	0.4%	0.34%
BAH	F	0.17%	0.51%	0.17%
CACI	D	0.1%	0.28%	0.1%
CRM	B	2.4%	4.64%	2.4%
EBAY	D	0.41%	0.45%	0.41%
ETSY	D	0.09%	0.09%	0.09%
FTNT	C	0.25%	1.59%	0.25%
GDDY	A	0.19%	0.36%	0.19%
GOOGL	C	5.25%	3.42%	3.42%
GWRE	A	0.14%	0.1%	0.1%
HPQ	B	0.48%	0.54%	0.48%
HUBS	A	0.11%	0.51%	0.11%
INTC	D	3.85%	1.37%	1.37%
INTU	C	1.09%	1.12%	1.09%
JNPR	F	0.12%	0.3%	0.12%
LUMN	C	0.2%	0.1%	0.1%
MCHP	D	0.39%	0.46%	0.39%
META	D	4.46%	4.07%	4.07%
MSFT	F	17.29%	3.47%	3.47%
NOW	A	0.87%	3.13%	0.87%
NTAP	C	0.21%	0.38%	0.21%
NVDA	C	2.26%	4.32%	2.26%
OKTA	C	0.21%	0.32%	0.21%
ORCL	B	1.77%	4.5%	1.77%
PANW	C	0.35%	3.41%	0.35%
QCOM	F	1.63%	2.28%	1.63%
SNAP	C	0.22%	0.15%	0.15%
SSNC	B	0.21%	0.1%	0.1%
TWLO	A	0.22%	0.24%	0.22%
TXN	C	1.83%	2.38%	1.83%
WDC	D	0.3%	0.31%	0.3%

REW Overweight 51 Positions Relative to TECB

Symbol	Grade	Weight
GOOG	C	5.24%
CSCO	B	3.09%
AVGO	D	1.82%
IBM	C	1.82%
MU	D	0.95%
AMAT	F	0.86%
LRCX	F	0.66%
CTSH	B	0.51%
MSI	B	0.45%
WDAY	B	0.44%
KLAC	D	0.42%
SNPS	B	0.34%
VRSN	F	0.33%
CDNS	B	0.31%
SWKS	F	0.31%
IAC	D	0.3%
VEEV	C	0.29%
HPE	B	0.29%
CDW	F	0.29%
MRVL	B	0.28%
PAYC	B	0.22%
STX	D	0.21%
GRMN	B	0.21%
IT	C	0.21%
RNG	B	0.21%
QRVO	F	0.2%
LDOS	C	0.2%
EPAM	C	0.19%
ANET	C	0.18%
TYL	B	0.18%
TTD	B	0.17%
FICO	B	0.17%
TER	D	0.17%
DOX	D	0.15%
ON	D	0.15%
DXC	B	0.14%
AZPN	A	0.14%
OLED	D	0.13%
DOCU	A	0.13%
DELL	C	0.12%
FFIV	B	0.12%
PTC	A	0.12%
DAY	B	0.11%
MPWR	F	0.11%
ENTG	D	0.11%
CIEN	B	0.1%
XRX	F	0.1%
LITE	B	0.09%
SNX	C	0.09%
Z	A	0.09%
MKSI	C	0.09%

REW Underweight 127 Positions Relative to TECB

Symbol	Grade	Weight
NFLX	A	-4.98%
AMZN	C	-3.83%
V	A	-2.96%
MRK	F	-2.72%
MA	C	-2.59%
ISRG	A	-2.56%
CRWD	B	-2.17%
GILD	C	-1.94%
REGN	F	-1.37%
MELI	D	-1.35%
EQIX	A	-1.28%
MSTR	C	-0.92%
DLR	B	-0.88%
FI	A	-0.77%
SNOW	C	-0.77%
TEAM	A	-0.59%
AME	A	-0.59%
PYPL	B	-0.54%
IRM	D	-0.51%
ZS	C	-0.5%
CPNG	D	-0.41%
COIN	C	-0.34%
MDB	C	-0.33%
SQ	B	-0.31%
FIS	C	-0.29%
INCY	C	-0.27%
NTNX	A	-0.25%
PINS	D	-0.23%
PSTG	D	-0.23%
MRNA	F	-0.22%
S	B	-0.2%
GPN	B	-0.18%
SAIC	F	-0.17%
SRPT	D	-0.17%
EXEL	B	-0.17%
CPAY	A	-0.16%
BR	A	-0.16%
QLYS	C	-0.15%
RVMD	C	-0.14%
VRNS	D	-0.14%
TENB	C	-0.13%
CVLT	B	-0.11%
GTLB	B	-0.11%
DBX	B	-0.1%
TOST	B	-0.1%
AFRM	B	-0.1%
BPMC	C	-0.1%
CFLT	B	-0.1%
PARA	C	-0.09%
CGNX	C	-0.09%
SOFI	A	-0.09%
LSCC	D	-0.09%
TW	A	-0.09%
JKHY	D	-0.08%
ALTR	B	-0.08%
ALRM	C	-0.08%
BSY	D	-0.08%
RPD	C	-0.07%
BILL	A	-0.06%
MKTX	D	-0.06%
ACLX	C	-0.06%
WEX	D	-0.05%
CALX	D	-0.05%
INFA	D	-0.05%
PEGA	A	-0.05%
YOU	D	-0.05%
AI	B	-0.05%
LGND	B	-0.04%
QTWO	A	-0.04%
PTON	B	-0.04%
OMF	A	-0.04%
FRSH	C	-0.04%
FOUR	B	-0.04%
TWST	D	-0.04%
SWTX	C	-0.04%
TDC	D	-0.04%
SLAB	D	-0.04%
PRGS	A	-0.04%
BCRX	D	-0.03%
AVPT	A	-0.03%
EEFT	B	-0.03%
DVAX	C	-0.03%
WK	B	-0.03%
CCCS	B	-0.03%
BEAM	D	-0.03%
IOVA	F	-0.03%
ATEN	B	-0.03%
DOCN	D	-0.03%
UPST	B	-0.03%
ACIW	B	-0.03%
GERN	D	-0.03%
PAR	B	-0.02%
SYM	C	-0.02%
VERX	B	-0.02%
FLYW	C	-0.02%
MTTR	B	-0.02%
NVAX	F	-0.02%
BL	B	-0.02%
VIRT	B	-0.02%
NCNO	B	-0.02%
ZUO	B	-0.02%
SIRI	C	-0.02%
CWAN	B	-0.02%
APPN	B	-0.02%
NTLA	F	-0.02%
INTA	A	-0.02%
XNCR	B	-0.02%
DDD	C	-0.01%
ARCT	F	-0.01%
MQ	F	-0.01%
BMBL	C	-0.01%
DFIN	D	-0.01%
AVDX	B	-0.01%
VIR	D	-0.01%
RCUS	F	-0.01%
BASE	C	-0.01%
ALKT	B	-0.01%
PRLB	A	-0.01%
CXM	C	-0.01%
FSLY	D	-0.01%
VMEO	B	-0.01%
PAYO	A	-0.01%
ENVA	B	-0.01%
WRLD	C	-0.0%
LPRO	C	-0.0%
RPAY	D	-0.0%
DNA	F	-0.0%