RNSC vs. SDD ETF Comparison

Comparison of First Trust Small Cap US Equity Select ETF (RNSC) to ProShares UltraShort SmallCap600 (SDD)

RNSC

First Trust Small Cap US Equity Select ETF

RNSC Description

The Small Cap US Equity Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Small Cap US Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$31.97

Average Daily Volume

3,008

Number of Holdings ^*

302

* may have additional holdings in another (foreign) market

SDD

ProShares UltraShort SmallCap600

SDD 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 S&P SmallCap 600®. 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 is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.55

Average Daily Volume

2,146

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RNSC	SDD
30 Days	8.60%	-14.95%
60 Days	11.63%	-21.96%
90 Days	12.35%	-22.07%
12 Months	30.90%	-48.09%

36 Overlapping Holdings

Symbol	Grade	Weight in RNSC	Weight in SDD	Overlap
AAT	B	0.19%	0.29%	0.19%
ABM	B	0.29%	0.34%	0.29%
AIN	D	0.22%	0.31%	0.22%
AKR	B	0.19%	0.28%	0.19%
ARI	D	0.19%	0.33%	0.19%
AVA	D	0.19%	0.42%	0.19%
AWR	B	0.2%	0.41%	0.2%
B	B	0.33%	0.41%	0.33%
BRC	B	0.27%	0.37%	0.27%
CBU	B	0.21%	0.46%	0.21%
CCOI	B	0.62%	0.39%	0.39%
CNMD	C	2.71%	0.4%	0.4%
CVBF	B	0.22%	0.37%	0.22%
CWT	D	0.19%	0.32%	0.19%
ESE	B	0.28%	0.33%	0.28%
FBP	C	0.18%	0.28%	0.18%
FFBC	B	0.2%	0.3%	0.2%
HI	C	0.28%	0.31%	0.28%
INDB	B	0.21%	0.35%	0.21%
IOSP	B	0.26%	0.33%	0.26%
IRDM	C	0.57%	0.33%	0.33%
JBT	B	0.32%	0.47%	0.32%
JJSF	B	0.19%	0.36%	0.19%
KWR	D	0.24%	0.28%	0.24%
LCII	D	0.31%	0.35%	0.31%
LXP	D	0.17%	0.34%	0.17%
NWN	B	0.19%	0.28%	0.19%
PMT	D	0.19%	0.3%	0.19%
PRGS	B	1.13%	0.28%	0.28%
SFNC	B	0.21%	0.38%	0.21%
SHOO	D	0.31%	0.42%	0.31%
STRA	D	0.32%	0.45%	0.32%
UNF	B	0.26%	0.41%	0.26%
WDFC	B	0.2%	0.34%	0.2%
WWW	A	0.3%	0.35%	0.3%
XHR	B	0.18%	0.29%	0.18%

RNSC Overweight 266 Positions Relative to SDD

Symbol	Grade	Weight
PINC	B	2.88%
PDCO	D	2.75%
LMAT	A	2.72%
USPH	C	2.71%
NHC	C	2.64%
YOU	D	1.31%
CTS	B	1.21%
BHE	B	1.16%
CSGS	B	1.13%
SSTK	D	1.07%
VSH	F	1.06%
CNXN	C	1.0%
XRX	F	0.93%
TDS	B	0.75%
IDCC	A	0.62%
SHEN	F	0.58%
CABO	C	0.57%
CAKE	B	0.39%
NWL	B	0.39%
WEN	C	0.37%
VAC	B	0.36%
VSEC	B	0.36%
JACK	D	0.36%
DNUT	D	0.36%
OSW	B	0.36%
GHC	A	0.35%
TNL	A	0.35%
TGNA	B	0.35%
MCRI	B	0.34%
BLMN	F	0.34%
PRDO	B	0.34%
PHIN	B	0.34%
WGO	C	0.33%
BKE	B	0.33%
SAH	B	0.33%
WINA	B	0.33%
PZZA	C	0.33%
POWL	B	0.33%
USLM	A	0.33%
GBX	B	0.33%
RRR	F	0.32%
PRG	C	0.31%
MLKN	F	0.31%
CAL	F	0.31%
PSMT	C	0.31%
APOG	A	0.31%
HEES	B	0.31%
PRIM	A	0.31%
UPBD	C	0.31%
HNI	B	0.31%
WOR	D	0.31%
KSS	F	0.3%
CRAI	B	0.3%
LEG	F	0.3%
BOWL	D	0.3%
CRGY	A	0.3%
LZB	C	0.3%
NX	C	0.3%
WS	A	0.3%
EPAC	B	0.3%
SCS	C	0.3%
FL	F	0.3%
GVA	A	0.3%
CRI	F	0.29%
MWA	A	0.29%
HY	F	0.29%
GEF	B	0.29%
GES	F	0.29%
TGLS	B	0.29%
SXI	B	0.29%
PBI	C	0.29%
ICFI	B	0.29%
CCS	D	0.29%
LNN	B	0.28%
ARCB	C	0.28%
EVTC	C	0.28%
CXT	D	0.28%
HLIO	B	0.28%
CEIX	B	0.28%
ULH	B	0.28%
KMT	B	0.28%
TRN	B	0.28%
PTVE	D	0.28%
OXM	F	0.28%
KNTK	A	0.28%
SNDR	A	0.28%
SCVL	D	0.27%
SLVM	A	0.27%
LEVI	F	0.27%
CLB	C	0.27%
KFRC	D	0.27%
ALG	C	0.27%
REVG	B	0.27%
NSSC	F	0.27%
KALU	C	0.27%
HUBG	B	0.27%
CRK	B	0.27%
WERN	B	0.27%
NPO	C	0.26%
GFF	C	0.26%
VSTS	F	0.26%
MTX	B	0.26%
AROC	B	0.26%
BTU	B	0.26%
TNC	F	0.26%
CDRE	D	0.26%
AZZ	B	0.26%
GIC	F	0.26%
DAN	F	0.25%
SCL	C	0.25%
MRTN	C	0.25%
WTTR	B	0.25%
SXT	B	0.25%
CMCO	C	0.25%
PATK	D	0.25%
RES	F	0.24%
AESI	D	0.24%
CC	C	0.24%
INSW	F	0.24%
MTRN	C	0.24%
OEC	F	0.23%
BOH	B	0.23%
CALM	B	0.23%
FDP	B	0.22%
FHI	B	0.22%
TRMK	B	0.22%
ASB	B	0.22%
DK	F	0.22%
WKC	D	0.22%
HWKN	C	0.22%
WT	B	0.21%
DBRG	F	0.21%
SYBT	B	0.21%
CNNE	B	0.21%
PJT	B	0.21%
WABC	B	0.21%
BANC	B	0.21%
GABC	B	0.21%
BFH	B	0.21%
FBK	B	0.21%
RNST	B	0.21%
PFBC	B	0.21%
WSBC	B	0.21%
STEP	B	0.21%
NIC	B	0.21%
HMN	B	0.21%
NBHC	B	0.21%
QCRH	B	0.21%
FHB	B	0.21%
CATY	B	0.21%
CASH	B	0.21%
SASR	B	0.21%
MCY	A	0.21%
BANR	B	0.21%
VCTR	B	0.21%
HOPE	B	0.2%
SRCE	B	0.2%
CHCO	B	0.2%
NWBI	B	0.2%
CDP	C	0.2%
MGEE	A	0.2%
NNI	C	0.2%
FRME	B	0.2%
FBRT	B	0.2%
EBC	B	0.2%
FULT	B	0.2%
LKFN	B	0.2%
SBCF	B	0.2%
TCBK	B	0.2%
FBNC	B	0.2%
FIBK	B	0.2%
NBTB	B	0.2%
BY	B	0.2%
PFS	B	0.2%
ENR	B	0.2%
BHLB	B	0.2%
PPBI	B	0.2%
EIG	B	0.2%
VIRT	A	0.2%
APAM	B	0.2%
BGC	A	0.2%
PEBO	B	0.2%
VBTX	B	0.2%
PRK	B	0.2%
EFSC	B	0.2%
VRTS	B	0.2%
BANF	B	0.2%
HIW	B	0.19%
SKT	B	0.19%
NWE	D	0.19%
TR	C	0.19%
SPB	C	0.19%
MSEX	B	0.19%
ABR	B	0.19%
DEI	B	0.19%
HTH	C	0.19%
SAFT	C	0.19%
BXMT	B	0.19%
FCF	B	0.19%
MAC	B	0.19%
UVV	C	0.19%
EPC	D	0.19%
WSFS	B	0.19%
SJW	D	0.19%
BKU	B	0.19%
IVT	A	0.19%
CPK	B	0.19%
KLG	C	0.19%
UE	A	0.19%
UTZ	C	0.19%
LTC	B	0.19%
WAFD	C	0.19%
AGM	B	0.19%
CODI	B	0.19%
TOWN	C	0.19%
LADR	C	0.19%
NXRT	C	0.18%
UMH	C	0.18%
MMI	B	0.18%
SEB	F	0.18%
ESRT	C	0.18%
OFG	C	0.18%
ELME	C	0.18%
RC	F	0.18%
IIPR	F	0.18%
RLJ	D	0.18%
NMRK	B	0.18%
OUT	C	0.18%
KW	B	0.18%
STBA	C	0.18%
ANDE	D	0.18%
ALEX	B	0.18%
JBGS	D	0.18%
NAVI	F	0.18%
WMK	B	0.18%
SHO	B	0.18%
DRH	B	0.18%
STC	C	0.18%
PK	C	0.18%
ROIC	A	0.18%
PGRE	B	0.18%
CVI	F	0.18%
GTY	B	0.18%
APLE	B	0.18%
CWEN	D	0.18%
DEA	D	0.18%
BUSE	C	0.18%
LOB	C	0.17%
CMTG	D	0.17%
PEB	D	0.17%
NHI	C	0.17%
IMKTA	D	0.17%
VRE	B	0.17%
PCH	F	0.17%
GNL	D	0.17%
EPR	D	0.17%
BNL	D	0.17%
ALX	C	0.17%
NTST	F	0.17%
FCPT	D	0.17%
EXPI	C	0.17%
NSA	D	0.16%
MBIN	F	0.16%
JOE	F	0.16%
MPW	D	0.15%
MGPI	F	0.11%

RNSC Underweight 56 Positions Relative to SDD

Symbol	Grade	Weight
DAR	C	-0.61%
GBCI	B	-0.49%
BLD	F	-0.48%
EXPO	D	-0.47%
NEOG	C	-0.47%
VIAV	B	-0.46%
OMCL	B	-0.46%
BCPC	B	-0.44%
NEO	C	-0.43%
SSD	C	-0.43%
SKYW	B	-0.42%
LAD	B	-0.41%
ONB	B	-0.4%
AMN	F	-0.4%
ADC	B	-0.39%
POWI	C	-0.39%
ITRI	A	-0.39%
UFPI	C	-0.38%
MOG.A	B	-0.38%
PRLB	B	-0.37%
ITGR	B	-0.37%
WTS	C	-0.36%
QLYS	C	-0.36%
AEIS	B	-0.36%
ABCB	B	-0.36%
CROX	F	-0.36%
WING	F	-0.35%
COLB	B	-0.35%
FOXF	F	-0.34%
SEM	B	-0.33%
AIT	A	-0.33%
ROG	C	-0.32%
MEDP	D	-0.32%
GTLS	B	-0.32%
MNRO	B	-0.32%
FUL	D	-0.32%
SAIA	C	-0.32%
NSIT	F	-0.32%
LPSN	F	-0.32%
SANM	B	-0.31%
DIOD	D	-0.31%
EBS	C	-0.31%
IVR	D	-0.31%
EXLS	A	-0.31%
FN	B	-0.31%
FELE	C	-0.3%
SPXC	C	-0.3%
ALGT	C	-0.3%
MTH	D	-0.3%
ENSG	C	-0.3%
KFY	B	-0.3%
ACA	B	-0.29%
DORM	B	-0.29%
NMIH	D	-0.29%
PLXS	B	-0.29%
CUB	D	-0.28%