SEF vs. SIXL ETF Comparison

Comparison of ProShares Short Financials (SEF) to 6 Meridian Low Beta Equity Strategy ETF (SIXL)

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

SIXL

6 Meridian Low Beta Equity Strategy ETF

SIXL Description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization. It also may invest in real estate investment trusts (REITs).

Grade (RS Rating)

Last Trade

$38.05

Average Daily Volume

3,124

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

Performance

Period	SEF	SIXL
30 Days	-3.85%	0.54%
60 Days	-7.97%	2.46%
90 Days	-11.07%	3.75%
12 Months	-25.39%	21.30%

14 Overlapping Holdings

Symbol	Grade	Weight in SEF	Weight in SIXL	Overlap
ACGL	D	0.31%	0.36%	0.31%
AFL	C	0.66%	0.4%	0.4%
AJG	B	0.3%	0.39%	0.3%
ALL	A	0.64%	0.42%	0.42%
AMT	D	1.74%	0.32%	0.32%
CB	C	1.17%	0.39%	0.39%
CME	A	1.25%	0.4%	0.4%
ELS	B	0.22%	0.38%	0.22%
MMC	D	0.97%	0.39%	0.39%
PGR	B	0.75%	0.41%	0.41%
TRV	A	0.61%	0.43%	0.43%
WPC	C	0.24%	0.35%	0.24%
WRB	B	0.17%	0.4%	0.17%
WTW	B	0.44%	0.43%	0.43%

SEF Overweight 83 Positions Relative to SIXL

Symbol	Grade	Weight
BRK.A	A	7.56%
JPM	A	7.27%
V	A	5.88%
MA	B	4.83%
BAC	A	4.46%
WFC	A	3.19%
C	B	2.98%
AXP	B	1.49%
GS	B	1.34%
USB	B	1.32%
TFC	A	1.27%
SPGI	D	1.22%
MS	A	1.19%
PNC	B	1.13%
BLK	B	1.06%
CCI	C	1.02%
PLD	D	1.0%
SCHW	A	0.93%
ICE	C	0.91%
EQIX	A	0.84%
AON	B	0.83%
COF	B	0.81%
AIG	C	0.77%
SPG	A	0.76%
MCO	D	0.7%
MET	A	0.69%
BX	A	0.67%
PRU	B	0.66%
BK	B	0.65%
WELL	A	0.59%
PSA	C	0.56%
TROW	B	0.52%
AVB	B	0.51%
STT	B	0.5%
SBAC	D	0.48%
EQR	C	0.48%
DLR	A	0.44%
DFS	B	0.44%
O	C	0.42%
MSCI	A	0.4%
CSGP	F	0.4%
WY	D	0.39%
NTRS	A	0.39%
AMP	A	0.37%
VTR	A	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%
CFG	B	0.3%
DOC	D	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%
SUI	C	0.24%
EXR	C	0.24%
L	A	0.23%
NLY	C	0.23%
UDR	D	0.23%
HST	D	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%

SEF Underweight 224 Positions Relative to SIXL

Symbol	Grade	Weight
CXW	B	-0.67%
SFM	A	-0.58%
MASI	B	-0.57%
EXEL	B	-0.56%
CALM	A	-0.53%
CW	B	-0.52%
HQY	A	-0.52%
INCY	C	-0.52%
UNM	A	-0.52%
BWXT	A	-0.52%
DTM	A	-0.52%
LRN	B	-0.51%
UFCS	A	-0.5%
BRBR	A	-0.5%
ATGE	B	-0.5%
X	C	-0.5%
MGEE	A	-0.49%
LOPE	B	-0.49%
TMUS	B	-0.49%
FHI	B	-0.49%
ATEN	A	-0.49%
RHI	C	-0.49%
DBX	C	-0.48%
TXRH	B	-0.48%
AVAV	C	-0.48%
CACI	C	-0.48%
MCK	A	-0.48%
DVAX	C	-0.48%
ETR	A	-0.48%
AMSF	B	-0.48%
PRI	A	-0.47%
PRGS	B	-0.47%
SNDR	B	-0.47%
MCY	B	-0.47%
JAZZ	C	-0.47%
GILD	B	-0.47%
HMN	B	-0.47%
LQDT	A	-0.47%
BGC	C	-0.46%
UTHR	C	-0.46%
BJ	B	-0.46%
PRDO	B	-0.46%
AGO	A	-0.46%
PPC	B	-0.46%
HCI	C	-0.46%
FDP	B	-0.46%
MANH	D	-0.45%
KR	B	-0.45%
RAMP	C	-0.45%
MORN	B	-0.45%
HSTM	A	-0.45%
LHX	B	-0.45%
MGY	A	-0.45%
ATR	B	-0.45%
KBR	F	-0.45%
RLI	A	-0.45%
EOG	A	-0.44%
AEE	A	-0.44%
WMT	A	-0.44%
WDFC	B	-0.44%
FIZZ	B	-0.44%
INGR	B	-0.44%
MSGS	B	-0.44%
CASY	A	-0.44%
SAM	C	-0.44%
SUPN	B	-0.44%
SIGI	B	-0.44%
EHC	B	-0.44%
CVX	A	-0.44%
ATO	A	-0.44%
EIG	B	-0.44%
SRE	A	-0.44%
RBA	A	-0.44%
PINC	B	-0.44%
SMPL	B	-0.44%
RYAN	B	-0.44%
THG	A	-0.44%
VIRT	A	-0.44%
WEN	C	-0.43%
LANC	D	-0.43%
AMBC	C	-0.43%
ALKS	C	-0.43%
XEL	A	-0.43%
OGE	A	-0.43%
WM	B	-0.43%
PBH	A	-0.43%
WWD	B	-0.43%
ORLY	B	-0.43%
MCRI	A	-0.43%
CAH	B	-0.43%
OLLI	D	-0.42%
BOX	B	-0.42%
T	A	-0.42%
JJSF	C	-0.42%
NBIX	C	-0.42%
DGX	A	-0.42%
BRC	C	-0.42%
VRSK	B	-0.42%
AWR	B	-0.42%
ITGR	B	-0.42%
NWN	A	-0.42%
STRA	C	-0.42%
CPK	A	-0.42%
DT	C	-0.42%
PLMR	A	-0.42%
EVRG	A	-0.42%
INVA	C	-0.42%
XOM	B	-0.42%
AFG	A	-0.42%
ORI	A	-0.42%
LTC	B	-0.42%
RGA	B	-0.42%
AM	A	-0.42%
MMSI	A	-0.42%
DLB	F	-0.42%
NOC	D	-0.41%
NEU	D	-0.41%
OHI	C	-0.41%
PNW	B	-0.41%
PPL	A	-0.41%
ARMK	C	-0.41%
SAFT	B	-0.41%
NJR	A	-0.41%
NFG	A	-0.41%
MUSA	A	-0.41%
NYT	D	-0.41%
RTX	D	-0.41%
COP	B	-0.41%
WEC	A	-0.41%
RSG	A	-0.41%
MSA	D	-0.41%
PECO	A	-0.41%
WTRG	B	-0.4%
ANIP	D	-0.4%
TKO	A	-0.4%
GTY	A	-0.4%
K	B	-0.4%
NHC	B	-0.4%
UVV	B	-0.4%
MO	A	-0.4%
ADC	A	-0.4%
SPNT	A	-0.4%
NWE	C	-0.4%
TR	A	-0.4%
UTL	C	-0.4%
RNR	C	-0.4%
EZPW	A	-0.4%
KNSL	B	-0.4%
ABT	A	-0.4%
ALE	A	-0.4%
NPK	C	-0.4%
CHD	A	-0.4%
CCK	D	-0.4%
EPRT	A	-0.4%
UNH	C	-0.4%
AVA	C	-0.39%
VZ	C	-0.39%
PM	A	-0.39%
CHE	F	-0.39%
RGR	F	-0.39%
SO	C	-0.39%
LMT	D	-0.39%
ADUS	D	-0.39%
ENSG	D	-0.39%
CMS	C	-0.39%
PDCO	F	-0.39%
JNPR	D	-0.39%
GLPI	C	-0.38%
CHRD	F	-0.38%
FCPT	C	-0.38%
DUK	C	-0.38%
CI	D	-0.38%
MOH	F	-0.38%
DTE	C	-0.38%
DFIN	D	-0.38%
HOLX	D	-0.38%
JNJ	D	-0.37%
HRL	D	-0.37%
SJW	F	-0.37%
CWT	C	-0.37%
AMED	F	-0.37%
FE	D	-0.37%
ED	C	-0.37%
POST	D	-0.37%
CBOE	C	-0.37%
PG	C	-0.37%
AMH	C	-0.37%
HRB	D	-0.37%
KDP	D	-0.36%
HSY	F	-0.36%
AEP	C	-0.36%
MKC	D	-0.36%
COKE	C	-0.36%
FLO	D	-0.36%
PEP	F	-0.36%
EPC	F	-0.36%
FCN	F	-0.36%
NABL	F	-0.35%
MDLZ	F	-0.35%
NNN	C	-0.35%
ABBV	F	-0.35%
BG	D	-0.35%
KO	D	-0.35%
KHC	F	-0.35%
JBSS	F	-0.35%
KMB	C	-0.35%
VRRM	F	-0.35%
GIS	F	-0.34%
CLW	F	-0.34%
WU	F	-0.34%
CNC	F	-0.33%
MRK	F	-0.33%
SPTN	F	-0.33%
COLL	F	-0.33%
CAG	F	-0.33%
CL	D	-0.33%
CVI	D	-0.32%
ERIE	F	-0.32%
BMRN	F	-0.31%
KELYA	F	-0.31%
THS	F	-0.3%
ELV	F	-0.3%
LPG	F	-0.29%
CPRI	F	-0.22%