SEF vs. IETC ETF Comparison

Comparison of ProShares Short Financials (SEF) to iShares Evolved U.S. Technology ETF (IETC)

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

$9.47

Average Daily Volume

72,662

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$78.95

Average Daily Volume

16,529

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	SEF	IETC
30 Days	-0.14%	7.72%
60 Days	-9.58%	15.42%
90 Days	-7.75%	2.42%
12 Months	-24.02%	48.78%

11 Overlapping Holdings

Symbol	Grade	Weight in SEF	Weight in IETC	Overlap
AON	A	0.83%	0.1%	0.1%
CSGP	F	0.4%	0.37%	0.37%
EQIX	C	0.84%	0.72%	0.72%
FDS	C	0.18%	0.57%	0.18%
ICE	A	0.91%	1.61%	0.91%
MA	A	4.83%	0.88%	0.88%
MCO	D	0.7%	0.34%	0.34%
MMC	D	0.97%	0.18%	0.18%
MSCI	B	0.4%	0.11%	0.11%
NDAQ	C	0.21%	0.08%	0.08%
SPGI	C	1.22%	0.74%	0.74%

SEF Overweight 86 Positions Relative to IETC

Symbol	Grade	Weight
BRK.A	B	7.56%
JPM	C	7.27%
V	B	5.88%
BAC	B	4.46%
WFC	B	3.19%
C	B	2.98%
AMT	D	1.74%
AXP	A	1.49%
GS	B	1.34%
USB	C	1.32%
TFC	D	1.27%
CME	A	1.25%
MS	A	1.19%
CB	A	1.17%
PNC	C	1.13%
BLK	A	1.06%
CCI	D	1.02%
PLD	D	1.0%
SCHW	D	0.93%
COF	A	0.81%
AIG	C	0.77%
SPG	A	0.76%
PGR	B	0.75%
MET	A	0.69%
BX	C	0.67%
PRU	B	0.66%
AFL	A	0.66%
BK	A	0.65%
ALL	A	0.64%
TRV	B	0.61%
WELL	C	0.59%
PSA	C	0.56%
TROW	D	0.52%
AVB	C	0.51%
STT	A	0.5%
SBAC	C	0.48%
EQR	C	0.48%
DLR	C	0.44%
WTW	C	0.44%
DFS	A	0.44%
O	C	0.42%
WY	C	0.39%
NTRS	B	0.39%
AMP	A	0.37%
VTR	C	0.37%
HIG	A	0.37%
SYF	A	0.36%
MTB	A	0.36%
FITB	C	0.35%
BXP	B	0.34%
CBRE	C	0.34%
ESS	D	0.34%
ARE	D	0.32%
KEY	B	0.32%
ACGL	A	0.31%
CFG	C	0.3%
DOC	C	0.3%
AJG	C	0.3%
INVH	D	0.28%
MKL	B	0.28%
RF	B	0.27%
CINF	A	0.27%
HBAN	B	0.26%
MAA	D	0.26%
PFG	A	0.25%
MKTX	B	0.24%
WPC	C	0.24%
SUI	D	0.24%
EXR	D	0.24%
L	C	0.23%
NLY	C	0.23%
UDR	C	0.23%
HST	D	0.22%
ELS	D	0.22%
FNF	C	0.22%
RJF	B	0.2%
LNC	B	0.2%
EG	A	0.19%
MPW	C	0.19%
ALLY	F	0.19%
EQH	B	0.19%
GL	C	0.18%
REG	C	0.18%
VNO	B	0.18%
CPT	C	0.18%
WRB	C	0.17%

SEF Underweight 113 Positions Relative to IETC

Symbol	Grade	Weight
AVGO	B	-9.75%
AMZN	C	-9.07%
MSFT	D	-8.9%
NVDA	B	-6.13%
CRM	B	-5.36%
ACN	B	-5.28%
ORCL	A	-4.16%
AAPL	C	-2.39%
CSCO	A	-2.36%
IBM	A	-2.35%
GOOGL	B	-2.15%
MSI	A	-2.15%
GOOG	B	-1.83%
NOW	B	-1.77%
META	A	-1.75%
CDNS	D	-1.65%
QCOM	D	-1.4%
MANH	A	-1.28%
VRSN	C	-1.16%
ADBE	F	-1.15%
NTAP	D	-1.03%
GPN	F	-0.93%
PH	A	-0.89%
WDAY	D	-0.87%
MPWR	B	-0.85%
AMD	C	-0.83%
CDW	D	-0.72%
SSNC	C	-0.71%
ADSK	B	-0.63%
ABNB	D	-0.63%
IT	A	-0.59%
ANET	A	-0.58%
VRSK	D	-0.58%
TYL	D	-0.58%
TTD	A	-0.54%
TEAM	D	-0.54%
ZM	B	-0.49%
LMT	A	-0.44%
MU	D	-0.43%
CRWD	D	-0.42%
SNOW	F	-0.37%
ANSS	D	-0.37%
PLTR	A	-0.36%
COIN	F	-0.32%
TXN	C	-0.3%
CPAY	A	-0.28%
G	A	-0.27%
UBER	C	-0.25%
TTEK	A	-0.25%
KLAC	B	-0.21%
BAH	C	-0.21%
SQ	D	-0.19%
FTNT	A	-0.19%
KEYS	B	-0.18%
TRU	C	-0.18%
SNPS	F	-0.18%
LRCX	D	-0.18%
IRM	B	-0.17%
DASH	A	-0.17%
BSY	D	-0.17%
PINS	D	-0.16%
AKAM	D	-0.16%
QLYS	F	-0.15%
IQV	F	-0.15%
OMC	C	-0.15%
CACI	A	-0.15%
MSTR	B	-0.14%
DDOG	B	-0.14%
JKHY	A	-0.14%
TER	C	-0.13%
NSIT	B	-0.13%
EA	D	-0.11%
HUBS	D	-0.11%
IPG	D	-0.11%
QRVO	F	-0.1%
VEEV	C	-0.1%
SLB	D	-0.09%
VRT	B	-0.08%
SMCI	F	-0.07%
SLAB	D	-0.07%
SNAP	D	-0.07%
CBOE	B	-0.07%
BBY	C	-0.07%
ROK	D	-0.07%
HOOD	B	-0.07%
FBIN	C	-0.07%
DELL	C	-0.06%
SAIC	A	-0.06%
CPNG	C	-0.06%
INTU	F	-0.06%
ADP	A	-0.06%
CFLT	F	-0.06%
JNPR	C	-0.06%
LPLA	D	-0.05%
ILMN	B	-0.05%
DOCN	B	-0.05%
TDY	A	-0.05%
MMS	C	-0.05%
ENPH	F	-0.04%
APPN	C	-0.04%
DXC	C	-0.04%
CL	D	-0.04%
XYL	C	-0.03%
BILL	D	-0.03%
GLW	C	-0.03%
ZI	F	-0.02%
RIVN	F	-0.01%
TOST	B	-0.01%
GDDY	B	-0.01%
SMAR	A	-0.01%
GRAL	F	-0.0%
ALGN	D	-0.0%
FTV	C	-0.0%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Software - Infrastructure Information Technology Services Semiconductors Internet Content & Information Capital Markets Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Diversified Industrials Financial Data & Stock Exchanges Scientific & Technical Instruments Advertising Agencies Computer Systems Insurance Brokers Internet Content & Information Specialty Retail Aerospace & Defense Auto Manufacturers