SEF vs. QLC ETF Comparison

Comparison of ProShares Short Financials (SEF) to FlexShares US Quality Large Cap Index Fund (QLC)

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

$9.55

Average Daily Volume

74,186

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLC

FlexShares US Quality Large Cap Index Fund

QLC Description

FlexShares Trust - FlexShares US Quality Large Cap Index Fund is an exchange traded fund launched by Northern Trust Corporation. The fund is managed by Northern Trust Investments, Incorporated. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of large-cap companies. The fund seeks to track the performance of the Northern Trust Quality Large Cap Index, by employing representative sampling methodology. FlexShares Trust - FlexShares US Quality Large Cap Index Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$64.51

Average Daily Volume

38,957

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	SEF	QLC
30 Days	-3.54%	2.03%
60 Days	-5.26%	3.65%
90 Days	-8.23%	5.01%
12 Months	-19.91%	33.13%

27 Overlapping Holdings

Symbol	Grade	Weight in SEF	Weight in QLC	Overlap
AFL	C	0.66%	0.63%	0.63%
AIG	D	0.77%	0.52%	0.52%
ALLY	F	0.19%	0.32%	0.19%
AVB	B	0.51%	0.59%	0.51%
BAC	D	4.46%	1.3%	1.3%
BK	B	0.65%	0.62%	0.62%
BRK.A	C	7.56%	2.35%	2.35%
C	C	2.98%	1.1%	1.1%
CBRE	A	0.34%	0.6%	0.34%
COF	B	0.81%	0.57%	0.57%
DFS	B	0.44%	0.14%	0.14%
EQR	B	0.48%	0.49%	0.48%
ESS	B	0.34%	0.57%	0.34%
FITB	B	0.35%	0.25%	0.25%
GS	C	1.34%	0.57%	0.57%
HST	C	0.22%	0.46%	0.22%
JPM	D	7.27%	1.83%	1.83%
MAA	B	0.26%	0.02%	0.02%
MET	B	0.69%	0.52%	0.52%
MS	D	1.19%	0.53%	0.53%
PRU	C	0.66%	0.27%	0.27%
PSA	B	0.56%	0.54%	0.54%
SPG	B	0.76%	0.61%	0.61%
STT	A	0.5%	0.4%	0.4%
SYF	C	0.36%	0.43%	0.36%
WFC	D	3.19%	0.33%	0.33%
WY	C	0.39%	0.47%	0.39%

SEF Overweight 70 Positions Relative to QLC

Symbol	Grade	Weight
V	C	5.88%
MA	B	4.83%
AMT	C	1.74%
AXP	B	1.49%
USB	B	1.32%
TFC	C	1.27%
CME	C	1.25%
SPGI	B	1.22%
CB	B	1.17%
PNC	B	1.13%
BLK	B	1.06%
CCI	C	1.02%
PLD	C	1.0%
MMC	C	0.97%
SCHW	D	0.93%
ICE	C	0.91%
EQIX	C	0.84%
AON	B	0.83%
PGR	B	0.75%
MCO	B	0.7%
BX	B	0.67%
ALL	B	0.64%
TRV	C	0.61%
WELL	C	0.59%
TROW	D	0.52%
SBAC	C	0.48%
DLR	B	0.44%
WTW	C	0.44%
O	C	0.42%
MSCI	C	0.4%
CSGP	D	0.4%
NTRS	A	0.39%
AMP	A	0.37%
VTR	C	0.37%
HIG	B	0.37%
MTB	B	0.36%
BXP	B	0.34%
ARE	C	0.32%
KEY	B	0.32%
ACGL	C	0.31%
CFG	C	0.3%
DOC	C	0.3%
AJG	D	0.3%
INVH	C	0.28%
MKL	C	0.28%
RF	B	0.27%
CINF	B	0.27%
HBAN	B	0.26%
PFG	B	0.25%
MKTX	C	0.24%
WPC	C	0.24%
SUI	B	0.24%
EXR	B	0.24%
L	C	0.23%
NLY	B	0.23%
UDR	C	0.23%
ELS	C	0.22%
FNF	B	0.22%
NDAQ	A	0.21%
RJF	C	0.2%
LNC	D	0.2%
EG	C	0.19%
MPW	C	0.19%
EQH	C	0.19%
GL	C	0.18%
FDS	C	0.18%
REG	C	0.18%
VNO	B	0.18%
CPT	B	0.18%
WRB	C	0.17%

SEF Underweight 134 Positions Relative to QLC

Symbol	Grade	Weight
AAPL	C	-7.79%
NVDA	D	-5.76%
MSFT	C	-5.1%
GOOGL	D	-2.73%
GOOG	D	-2.7%
META	B	-2.32%
AMZN	C	-2.26%
AVGO	C	-1.8%
JNJ	C	-1.67%
LLY	C	-1.49%
PG	C	-1.36%
CSCO	C	-1.14%
MRK	D	-1.1%
INTU	C	-1.08%
ORCL	C	-1.03%
GE	B	-1.01%
ADBE	F	-0.92%
SO	B	-0.9%
CI	C	-0.9%
CAT	B	-0.89%
LRCX	F	-0.83%
KLAC	D	-0.83%
T	C	-0.78%
AMAT	D	-0.77%
ITW	C	-0.75%
CMCSA	D	-0.75%
QCOM	D	-0.72%
ACN	C	-0.71%
MCK	F	-0.69%
AMGN	B	-0.67%
LMT	C	-0.65%
HD	B	-0.65%
NFLX	B	-0.62%
PEG	B	-0.6%
ETR	B	-0.59%
MPC	F	-0.59%
FICO	B	-0.59%
NVR	B	-0.59%
AZO	D	-0.59%
PPL	C	-0.57%
BKNG	C	-0.57%
ED	C	-0.57%
PM	C	-0.56%
GWW	B	-0.56%
LDOS	B	-0.55%
TSLA	C	-0.55%
ADI	C	-0.54%
CHKP	B	-0.54%
VLO	F	-0.53%
EBAY	B	-0.51%
KMB	D	-0.48%
KR	C	-0.47%
MELI	B	-0.46%
LOW	B	-0.45%
NRG	C	-0.43%
OMC	B	-0.42%
FTNT	C	-0.42%
GIS	B	-0.42%
RMD	C	-0.42%
EXC	C	-0.41%
DVA	B	-0.41%
NUE	F	-0.4%
STLD	F	-0.4%
MTD	D	-0.4%
CNC	D	-0.4%
BMY	C	-0.4%
EXPD	C	-0.4%
CL	D	-0.39%
UPS	D	-0.37%
CTSH	C	-0.36%
FIS	B	-0.35%
CSL	B	-0.34%
RCL	B	-0.31%
DELL	D	-0.3%
MO	C	-0.29%
MCHP	F	-0.28%
EA	D	-0.27%
CMI	C	-0.27%
MMM	B	-0.27%
PCAR	D	-0.27%
WAB	B	-0.26%
TAP	D	-0.26%
MAS	B	-0.26%
PHM	B	-0.26%
EIX	C	-0.23%
ICLR	D	-0.23%
ABBV	C	-0.23%
JBL	D	-0.23%
HOLX	B	-0.22%
IDXX	C	-0.22%
OXY	F	-0.22%
HCA	B	-0.22%
BBY	C	-0.21%
APP	C	-0.21%
CAH	C	-0.21%
DASH	C	-0.2%
ABNB	D	-0.2%
PSX	F	-0.19%
IT	B	-0.19%
NTAP	D	-0.18%
ELV	C	-0.17%
WSM	D	-0.16%
GILD	B	-0.15%
HOOD	C	-0.15%
PAYX	C	-0.15%
THC	A	-0.15%
ABT	C	-0.14%
UTHR	C	-0.13%
LYB	D	-0.13%
MANH	B	-0.12%
CE	F	-0.12%
LEN	B	-0.11%
REGN	C	-0.11%
AOS	D	-0.1%
EME	B	-0.1%
CRBG	D	-0.08%
GEHC	C	-0.08%
TGT	C	-0.07%
SMCI	F	-0.06%
FLEX	C	-0.06%
SYK	C	-0.05%
ZM	C	-0.05%
DHR	B	-0.05%
ADP	B	-0.05%
EXPE	C	-0.04%
EVRG	B	-0.03%
JLL	B	-0.03%
CRM	D	-0.03%
ROP	C	-0.03%
EMR	D	-0.02%
TXT	D	-0.02%
MEDP	F	-0.02%
ADM	D	-0.02%
LAMR	B	-0.02%