SEF vs. PWS ETF Comparison

Comparison of ProShares Short Financials (SEF) to Pacer WealthShield ETF (PWS)

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

PWS

Pacer WealthShield ETF

PWS Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer WealthShield Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in (i) the component securities of the index or (ii) ETFs that seek to track the performance of some or all of the component securities of the index in the same approximate weight as such component securities. The index utilizes a systematic risk management strategy that directs the index's exposure to U.S. equity securities, U.S. Treasury securities, or a mix of each. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.23

Average Daily Volume

1,845

Number of Holdings ^*

217

* may have additional holdings in another (foreign) market

Performance

Period	SEF	PWS
30 Days	-7.06%	4.72%
60 Days	-9.74%	-1.94%
90 Days	-11.63%	1.22%
12 Months	-26.67%	21.11%

27 Overlapping Holdings

Symbol	Grade	Weight in SEF	Weight in PWS	Overlap
AMT	D	1.74%	1.66%	1.66%
ARE	D	0.32%	0.29%	0.29%
AVB	B	0.51%	0.57%	0.51%
BXP	D	0.34%	0.2%	0.2%
CBRE	B	0.34%	0.7%	0.34%
CCI	D	1.02%	0.8%	0.8%
CPT	B	0.18%	0.22%	0.18%
CSGP	D	0.4%	0.55%	0.4%
DLR	B	0.44%	1.01%	0.44%
DOC	D	0.3%	0.26%	0.26%
EQIX	A	0.84%	1.54%	0.84%
EQR	B	0.48%	0.45%	0.45%
ESS	B	0.34%	0.34%	0.34%
EXR	D	0.24%	0.62%	0.24%
HST	C	0.22%	0.21%	0.21%
INVH	D	0.28%	0.34%	0.28%
MAA	B	0.26%	0.33%	0.26%
O	D	0.42%	0.88%	0.42%
PLD	D	1.0%	1.88%	1.0%
PSA	D	0.56%	0.93%	0.56%
REG	B	0.18%	0.21%	0.18%
SBAC	D	0.48%	0.42%	0.42%
SPG	B	0.76%	0.98%	0.76%
UDR	B	0.23%	0.23%	0.23%
VTR	C	0.37%	0.47%	0.37%
WELL	A	0.59%	1.41%	0.59%
WY	D	0.39%	0.39%	0.39%

SEF Overweight 70 Positions Relative to PWS

Symbol	Grade	Weight
BRK.A	B	7.56%
JPM	A	7.27%
V	A	5.88%
MA	C	4.83%
BAC	A	4.46%
WFC	A	3.19%
C	A	2.98%
AXP	A	1.49%
GS	A	1.34%
USB	A	1.32%
TFC	A	1.27%
CME	A	1.25%
SPGI	C	1.22%
MS	A	1.19%
CB	C	1.17%
PNC	B	1.13%
BLK	C	1.06%
MMC	B	0.97%
SCHW	B	0.93%
ICE	C	0.91%
AON	A	0.83%
COF	B	0.81%
AIG	B	0.77%
PGR	A	0.75%
MCO	B	0.7%
MET	A	0.69%
BX	A	0.67%
PRU	A	0.66%
AFL	B	0.66%
BK	A	0.65%
ALL	A	0.64%
TRV	B	0.61%
TROW	B	0.52%
STT	A	0.5%
WTW	B	0.44%
DFS	B	0.44%
MSCI	C	0.4%
NTRS	A	0.39%
AMP	A	0.37%
HIG	B	0.37%
SYF	B	0.36%
MTB	A	0.36%
FITB	A	0.35%
KEY	B	0.32%
ACGL	D	0.31%
CFG	B	0.3%
AJG	B	0.3%
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%
L	A	0.23%
NLY	C	0.23%
ELS	C	0.22%
FNF	B	0.22%
NDAQ	A	0.21%
RJF	A	0.2%
LNC	B	0.2%
EG	C	0.19%
MPW	F	0.19%
ALLY	C	0.19%
EQH	B	0.19%
GL	B	0.18%
FDS	B	0.18%
VNO	B	0.18%
WRB	A	0.17%

SEF Underweight 190 Positions Relative to PWS

Symbol	Grade	Weight
AMZN	C	-7.58%
NVDA	C	-4.4%
AAPL	C	-4.27%
TSLA	B	-3.8%
MSFT	F	-3.79%
COST	B	-2.9%
PG	A	-2.84%
WMT	A	-2.67%
NEE	D	-2.58%
KO	D	-1.72%
HD	A	-1.59%
SO	D	-1.57%
PEP	F	-1.54%
PM	B	-1.43%
DUK	C	-1.43%
CEG	D	-1.2%
SRE	A	-0.96%
AVGO	D	-0.93%
VST	B	-0.87%
MCD	D	-0.84%
AEP	D	-0.84%
D	C	-0.79%
PEG	A	-0.74%
PCG	A	-0.74%
MO	A	-0.68%
BKNG	A	-0.68%
XEL	A	-0.64%
EXC	C	-0.63%
MDLZ	F	-0.61%
VICI	C	-0.6%
LOW	D	-0.6%
IRM	D	-0.6%
ED	D	-0.55%
CL	D	-0.54%
TJX	A	-0.54%
EIX	B	-0.54%
ETR	B	-0.53%
WEC	A	-0.51%
SBUX	A	-0.45%
AWK	D	-0.44%
PPL	B	-0.41%
DTE	C	-0.41%
TGT	F	-0.4%
AEE	A	-0.4%
CRM	B	-0.39%
ORCL	B	-0.37%
ATO	A	-0.37%
ES	D	-0.36%
FE	C	-0.35%
NKE	D	-0.35%
CNP	B	-0.33%
CMS	C	-0.33%
NRG	B	-0.32%
KVUE	A	-0.32%
CMG	B	-0.32%
KMB	D	-0.32%
KIM	A	-0.3%
ORLY	B	-0.28%
CSCO	B	-0.28%
KR	B	-0.27%
ADBE	C	-0.27%
NI	A	-0.27%
ACN	C	-0.27%
AMD	F	-0.27%
KDP	D	-0.26%
LNT	A	-0.26%
MAR	B	-0.26%
NOW	A	-0.26%
STZ	D	-0.26%
MNST	C	-0.26%
GIS	D	-0.25%
SYY	B	-0.25%
ABNB	C	-0.24%
EVRG	A	-0.24%
IBM	C	-0.24%
GM	B	-0.24%
HLT	A	-0.24%
TXN	C	-0.22%
INTU	C	-0.22%
RCL	A	-0.22%
QCOM	F	-0.21%
AZO	C	-0.21%
DHI	D	-0.19%
CHD	B	-0.19%
KHC	F	-0.19%
ADM	D	-0.18%
HSY	F	-0.18%
ROST	C	-0.18%
F	C	-0.17%
PNW	B	-0.17%
AMAT	F	-0.17%
LEN	D	-0.16%
CLX	B	-0.15%
YUM	B	-0.15%
FRT	B	-0.15%
K	A	-0.15%
PLTR	B	-0.15%
AES	F	-0.15%
PANW	C	-0.15%
MKC	D	-0.14%
LULU	C	-0.14%
GRMN	B	-0.13%
TSN	B	-0.13%
ADI	D	-0.13%
MU	D	-0.13%
TSCO	D	-0.12%
EBAY	D	-0.12%
ANET	C	-0.12%
INTC	D	-0.12%
PHM	D	-0.11%
DECK	A	-0.11%
EL	F	-0.11%
LRCX	F	-0.11%
DG	F	-0.11%
CRWD	B	-0.1%
SNPS	B	-0.1%
CCL	B	-0.1%
MSI	B	-0.1%
KLAC	D	-0.1%
CDNS	B	-0.1%
APH	A	-0.1%
BG	F	-0.09%
EXPE	B	-0.09%
DLTR	F	-0.09%
NVR	D	-0.09%
CAG	D	-0.09%
DRI	B	-0.08%
LW	C	-0.08%
ADSK	A	-0.08%
SJM	D	-0.08%
ULTA	F	-0.07%
GPC	D	-0.07%
BBY	D	-0.07%
NXPI	D	-0.07%
FICO	B	-0.07%
LVS	C	-0.07%
ROP	B	-0.07%
FTNT	C	-0.07%
TAP	C	-0.07%
APTV	D	-0.06%
CPB	D	-0.06%
DPZ	C	-0.06%
HRL	D	-0.06%
NCLH	B	-0.05%
DELL	C	-0.05%
CTSH	B	-0.05%
KMX	B	-0.05%
IT	C	-0.05%
TPR	B	-0.05%
POOL	C	-0.05%
KEYS	A	-0.04%
ANSS	B	-0.04%
LKQ	D	-0.04%
WBA	F	-0.04%
MCHP	D	-0.04%
HPQ	B	-0.04%
GLW	B	-0.04%
WDC	D	-0.03%
TDY	B	-0.03%
PTC	A	-0.03%
MHK	D	-0.03%
CDW	F	-0.03%
TYL	B	-0.03%
BWA	D	-0.03%
NTAP	C	-0.03%
HAS	D	-0.03%
GDDY	A	-0.03%
CZR	F	-0.03%
RL	B	-0.03%
HPE	B	-0.03%
MPWR	F	-0.03%
WYNN	D	-0.03%
MGM	D	-0.03%
ON	D	-0.03%
SMCI	F	-0.02%
SWKS	F	-0.02%
AKAM	D	-0.02%
EPAM	C	-0.02%
FFIV	B	-0.02%
JBL	B	-0.02%
VRSN	F	-0.02%
GEN	B	-0.02%
TER	D	-0.02%
TRMB	B	-0.02%
FSLR	F	-0.02%
ZBRA	B	-0.02%
STX	D	-0.02%
QRVO	F	-0.01%
ENPH	F	-0.01%
JNPR	F	-0.01%