SEF vs. MTUM ETF Comparison

Comparison of ProShares Short Financials (SEF) to iShares MSCI USA Momentum Factor ETF (MTUM)

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

$34.22

Average Daily Volume

11,534

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$214.91

Average Daily Volume

840,198

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	SEF	MTUM
30 Days	-7.06%	3.53%
60 Days	-9.74%	6.25%
90 Days	-11.63%	8.85%
12 Months	-26.67%	43.02%

32 Overlapping Holdings

Symbol	Grade	Weight in SEF	Weight in MTUM	Overlap
ACGL	D	0.31%	0.35%	0.31%
AFL	B	0.66%	0.78%	0.66%
AJG	B	0.3%	0.59%	0.3%
ALL	A	0.64%	0.41%	0.41%
ALLY	C	0.19%	0.06%	0.06%
AVB	B	0.51%	0.29%	0.29%
AXP	A	1.49%	1.53%	1.49%
BK	A	0.65%	0.48%	0.48%
C	A	2.98%	1.08%	1.08%
CB	C	1.17%	0.9%	0.9%
CBRE	B	0.34%	0.34%	0.34%
CFG	B	0.3%	0.11%	0.11%
CPT	B	0.18%	0.07%	0.07%
DFS	B	0.44%	0.38%	0.38%
DOC	D	0.3%	0.08%	0.08%
EQH	B	0.19%	0.03%	0.03%
EQR	B	0.48%	0.17%	0.17%
ESS	B	0.34%	0.15%	0.15%
FITB	A	0.35%	0.25%	0.25%
FNF	B	0.22%	0.08%	0.08%
GS	A	1.34%	2.0%	1.34%
HIG	B	0.37%	0.46%	0.37%
ICE	C	0.91%	0.72%	0.72%
JPM	A	7.27%	5.48%	5.48%
MAA	B	0.26%	0.12%	0.12%
MCO	B	0.7%	0.7%	0.7%
NDAQ	A	0.21%	0.28%	0.21%
PGR	A	0.75%	1.88%	0.75%
SYF	B	0.36%	0.22%	0.22%
UDR	B	0.23%	0.05%	0.05%
VTR	C	0.37%	0.31%	0.31%
WELL	A	0.59%	0.84%	0.59%

SEF Overweight 65 Positions Relative to MTUM

Symbol	Grade	Weight
BRK.A	B	7.56%
V	A	5.88%
MA	C	4.83%
BAC	A	4.46%
WFC	A	3.19%
AMT	D	1.74%
USB	A	1.32%
TFC	A	1.27%
CME	A	1.25%
SPGI	C	1.22%
MS	A	1.19%
PNC	B	1.13%
BLK	C	1.06%
CCI	D	1.02%
PLD	D	1.0%
MMC	B	0.97%
SCHW	B	0.93%
EQIX	A	0.84%
AON	A	0.83%
COF	B	0.81%
AIG	B	0.77%
SPG	B	0.76%
MET	A	0.69%
BX	A	0.67%
PRU	A	0.66%
TRV	B	0.61%
PSA	D	0.56%
TROW	B	0.52%
STT	A	0.5%
SBAC	D	0.48%
DLR	B	0.44%
WTW	B	0.44%
O	D	0.42%
MSCI	C	0.4%
CSGP	D	0.4%
WY	D	0.39%
NTRS	A	0.39%
AMP	A	0.37%
MTB	A	0.36%
BXP	D	0.34%
ARE	D	0.32%
KEY	B	0.32%
INVH	D	0.28%
MKL	A	0.28%
RF	A	0.27%
CINF	A	0.27%
HBAN	A	0.26%
PFG	D	0.25%
MKTX	D	0.24%
WPC	D	0.24%
SUI	D	0.24%
EXR	D	0.24%
L	A	0.23%
NLY	C	0.23%
HST	C	0.22%
ELS	C	0.22%
RJF	A	0.2%
LNC	B	0.2%
EG	C	0.19%
MPW	F	0.19%
GL	B	0.18%
FDS	B	0.18%
REG	B	0.18%
VNO	B	0.18%
WRB	A	0.17%

SEF Underweight 92 Positions Relative to MTUM

Symbol	Grade	Weight
NVDA	C	-5.34%
WMT	A	-4.93%
AVGO	D	-4.72%
LLY	F	-3.82%
COST	B	-3.63%
GE	D	-2.96%
PM	B	-2.93%
KO	D	-2.71%
NEE	D	-2.24%
RTX	C	-2.19%
TXN	C	-1.86%
ISRG	A	-1.54%
LMT	D	-1.37%
KKR	A	-1.3%
BSX	B	-1.25%
MMM	D	-1.21%
MO	A	-1.19%
ANET	C	-1.17%
SO	D	-1.15%
TT	A	-1.13%
CEG	D	-1.12%
TJX	A	-1.09%
PLTR	B	-1.02%
MSI	B	-1.0%
APH	A	-0.97%
VRTX	F	-0.95%
CTAS	B	-0.91%
FI	A	-0.9%
MSTR	C	-0.89%
DUK	C	-0.88%
VST	B	-0.82%
KLAC	D	-0.8%
NEM	D	-0.79%
CL	D	-0.79%
APP	B	-0.74%
HWM	A	-0.73%
TDG	D	-0.7%
VRT	B	-0.63%
WMB	A	-0.63%
TRGP	B	-0.61%
FICO	B	-0.6%
PEG	A	-0.5%
DELL	C	-0.49%
IRM	D	-0.48%
PWR	A	-0.43%
GRMN	B	-0.42%
AEP	D	-0.4%
EME	C	-0.38%
DHI	D	-0.37%
RSG	A	-0.36%
GDDY	A	-0.34%
TPL	A	-0.33%
WAB	B	-0.33%
AXON	A	-0.32%
NTAP	C	-0.31%
VLTO	D	-0.31%
PHM	D	-0.31%
ALNY	D	-0.3%
KDP	D	-0.3%
RMD	C	-0.29%
K	A	-0.29%
LEN	D	-0.28%
NRG	B	-0.27%
BRO	B	-0.27%
EIX	B	-0.26%
EBAY	D	-0.25%
LDOS	C	-0.24%
MPWR	F	-0.24%
LII	A	-0.24%
TYL	B	-0.23%
CSL	C	-0.23%
NVR	D	-0.23%
SW	A	-0.22%
DOV	A	-0.22%
PKG	A	-0.16%
IFF	D	-0.16%
HEI	B	-0.16%
IP	B	-0.15%
HOOD	B	-0.15%
UTHR	C	-0.15%
ERIE	D	-0.13%
HEI	B	-0.12%
UHS	D	-0.11%
DKS	C	-0.1%
DGX	A	-0.09%
NI	A	-0.09%
AMCR	D	-0.08%
FOXA	B	-0.07%
FOX	A	-0.07%
DVA	B	-0.07%
CHRW	C	-0.06%
LNT	A	-0.05%