SEF vs. HUSV ETF Comparison

Comparison of ProShares Short Financials (SEF) to First Trust Horizon Managed Volatility Domestic ETF (HUSV)

SEF

ProShares Short Financials

SEF Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.93

Average Daily Volume

13,313

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HUSV

First Trust Horizon Managed Volatility Domestic ETF

HUSV Description

The First Trust Horizon Managed Volatility Domestic ETF is an actively managed exchange-traded fund. The Fund's investment objective is to provide capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in common stocks of domestic companies listed and traded on U.S. national securities exchanges that Horizon Investments, LLC believes exhibit low future expected volatility.

Grade (RS Rating)

Last Trade

$38.53

Average Daily Volume

4,656

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SEF	HUSV
30 Days	-3.85%	-1.17%
60 Days	-7.97%	1.74%
90 Days	-11.07%	3.13%
12 Months	-25.39%	20.00%

13 Overlapping Holdings

Symbol	Grade	Weight in SEF	Weight in HUSV	Overlap
AVB	B	0.51%	0.81%	0.51%
BRK.A	B	7.56%	2.53%	2.53%
CME	A	1.25%	1.2%	1.2%
EQR	C	0.48%	0.83%	0.48%
ICE	C	0.91%	1.76%	0.91%
L	A	0.23%	1.83%	0.23%
MA	B	4.83%	1.33%	1.33%
MMC	D	0.97%	2.33%	0.97%
O	C	0.42%	0.63%	0.42%
SPGI	D	1.22%	0.92%	0.92%
V	A	5.88%	1.3%	1.3%
WELL	A	0.59%	0.73%	0.59%
WTW	B	0.44%	1.02%	0.44%

SEF Overweight 84 Positions Relative to HUSV

Symbol	Grade	Weight
JPM	A	7.27%
BAC	A	4.46%
WFC	A	3.19%
C	B	2.98%
AMT	D	1.74%
AXP	B	1.49%
GS	B	1.34%
USB	B	1.32%
TFC	A	1.27%
MS	A	1.19%
CB	C	1.17%
PNC	B	1.13%
BLK	B	1.06%
CCI	C	1.02%
PLD	D	1.0%
SCHW	A	0.93%
EQIX	A	0.84%
AON	B	0.83%
COF	B	0.81%
AIG	C	0.77%
SPG	A	0.76%
PGR	B	0.75%
MCO	D	0.7%
MET	A	0.69%
BX	A	0.67%
PRU	B	0.66%
AFL	C	0.66%
BK	B	0.65%
ALL	A	0.64%
TRV	A	0.61%
PSA	C	0.56%
TROW	B	0.52%
STT	B	0.5%
SBAC	D	0.48%
DLR	A	0.44%
DFS	B	0.44%
MSCI	B	0.4%
CSGP	F	0.4%
WY	D	0.39%
NTRS	A	0.39%
AMP	A	0.37%
VTR	B	0.37%
HIG	B	0.37%
SYF	B	0.36%
MTB	A	0.36%
FITB	B	0.35%
BXP	D	0.34%
CBRE	B	0.34%
ESS	A	0.34%
ARE	F	0.32%
KEY	B	0.32%
ACGL	D	0.31%
CFG	B	0.3%
DOC	D	0.3%
AJG	B	0.3%
INVH	D	0.28%
MKL	A	0.28%
RF	A	0.27%
CINF	A	0.27%
HBAN	B	0.26%
MAA	A	0.26%
PFG	C	0.25%
MKTX	D	0.24%
WPC	C	0.24%
SUI	C	0.24%
EXR	C	0.24%
NLY	C	0.23%
UDR	C	0.23%
HST	D	0.22%
ELS	B	0.22%
FNF	A	0.22%
NDAQ	A	0.21%
RJF	A	0.2%
LNC	B	0.2%
EG	D	0.19%
MPW	F	0.19%
ALLY	C	0.19%
EQH	B	0.19%
GL	C	0.18%
FDS	B	0.18%
REG	A	0.18%
VNO	C	0.18%
CPT	C	0.18%
WRB	B	0.17%

SEF Underweight 61 Positions Relative to HUSV

Symbol	Grade	Weight
RSG	A	-2.48%
MSI	B	-2.45%
PTC	B	-2.41%
KO	D	-2.22%
CSCO	B	-2.22%
ROP	C	-2.22%
CL	D	-2.17%
MSFT	D	-2.08%
CTSH	C	-2.07%
LIN	D	-2.02%
VRSN	F	-1.9%
LMT	D	-1.87%
ITW	B	-1.85%
PG	C	-1.81%
TDY	B	-1.81%
FE	C	-1.79%
ATO	A	-1.79%
IBM	C	-1.67%
KMI	A	-1.54%
TMUS	B	-1.5%
NI	A	-1.5%
PM	A	-1.43%
PPL	A	-1.43%
KDP	D	-1.37%
JNJ	D	-1.37%
MCD	D	-1.36%
EVRG	A	-1.36%
FI	A	-1.36%
HON	B	-1.34%
ADP	B	-1.33%
DUK	C	-1.29%
PEP	F	-1.24%
YUM	D	-1.21%
MO	A	-1.2%
CMS	C	-1.14%
CTAS	B	-1.12%
COR	B	-1.1%
AVY	D	-1.09%
TJX	A	-1.05%
WMB	A	-1.01%
EA	A	-1.0%
GD	D	-0.95%
RTX	D	-0.91%
ABT	A	-0.89%
WM	B	-0.86%
ED	C	-0.86%
OKE	A	-0.86%
ORLY	B	-0.83%
BSX	A	-0.8%
UNP	D	-0.78%
HOLX	D	-0.77%
NOC	D	-0.71%
HLT	A	-0.66%
BDX	F	-0.66%
MDT	D	-0.65%
ECL	D	-0.61%
SYK	A	-0.61%
LYB	F	-0.51%
AZO	C	-0.5%
ABBV	F	-0.48%
HD	A	-0.38%