SIZE vs. REW ETF Comparison

Comparison of iShares MSCI USA Size Factor (SIZE) to ProShares UltraShort Technology (REW)

SIZE

iShares MSCI USA Size Factor

SIZE Description

The investment seeks to track the performance of MSCI USA Risk Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with relatively smaller average market capitalization, 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 Risk Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$147.89

Average Daily Volume

4,181

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

REW

ProShares UltraShort Technology

REW Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. TechnologySM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the technology sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$11.61

Average Daily Volume

41,447

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SIZE	REW
30 Days	3.97%	-0.29%
60 Days	5.92%	-5.59%
90 Days	8.19%	0.54%
12 Months	25.37%	-45.82%

21 Overlapping Holdings

Symbol	Grade	Weight in SIZE	Weight in REW	Overlap
AAPL	C	5.47%	18.06%	5.47%
ADBE	F	1.91%	2.51%	1.91%
AMAT	D	1.33%	0.86%	0.86%
ANET	B	0.71%	0.18%	0.18%
CDNS	D	0.55%	0.31%	0.31%
CSCO	C	1.53%	3.09%	1.53%
GOOG	D	1.43%	5.24%	1.43%
GOOGL	D	1.65%	5.25%	1.65%
GRMN	D	0.41%	0.21%	0.21%
KLAC	D	0.95%	0.42%	0.42%
LRCX	F	0.81%	0.66%	0.66%
META	B	3.93%	4.46%	3.93%
MPWR	C	0.29%	0.11%	0.11%
MSFT	C	4.74%	17.29%	4.74%
NTAP	D	0.22%	0.21%	0.21%
NVDA	D	5.9%	2.26%	2.26%
PAYC	D	0.06%	0.22%	0.06%
QCOM	D	1.22%	1.63%	1.22%
SNPS	D	0.48%	0.34%	0.34%
TXN	C	1.36%	1.83%	1.36%
VEEV	C	0.16%	0.29%	0.16%

SIZE Overweight 102 Positions Relative to REW

Symbol	Grade	Weight
LLY	C	4.3%
V	C	4.24%
MA	B	4.06%
UNH	C	2.87%
COST	B	2.62%
JNJ	C	2.35%
TJX	B	2.06%
KO	C	1.69%
ACN	C	1.68%
ADP	B	1.66%
COP	D	1.62%
NFLX	B	1.51%
NKE	D	1.47%
CAT	B	1.28%
PEP	C	1.25%
CMG	C	1.23%
LIN	B	1.21%
LMT	C	1.17%
DHI	B	0.86%
SRE	C	0.85%
BLK	B	0.85%
SLB	F	0.84%
PLD	C	0.83%
MMC	C	0.78%
ITW	C	0.69%
PEG	B	0.67%
VRTX	D	0.66%
PSA	B	0.6%
CTAS	B	0.59%
SHW	B	0.58%
LULU	D	0.56%
ZTS	C	0.56%
MCO	B	0.55%
NVR	B	0.55%
ED	C	0.55%
MMM	B	0.53%
CME	C	0.51%
GWW	B	0.5%
PHM	B	0.48%
PAYX	C	0.47%
APH	D	0.46%
TSCO	C	0.45%
DECK	C	0.44%
AFL	C	0.41%
ATO	B	0.38%
IDXX	C	0.36%
FAST	C	0.36%
TPL	B	0.35%
ULTA	D	0.33%
APD	B	0.32%
CBRE	A	0.32%
WSM	D	0.32%
BBY	C	0.31%
ODFL	D	0.3%
ACGL	C	0.29%
CSGP	D	0.29%
FERG	D	0.28%
AMP	A	0.26%
AVB	B	0.25%
EW	F	0.25%
VLTO	C	0.23%
POOL	C	0.22%
A	C	0.22%
MNST	D	0.21%
APA	F	0.2%
ROK	D	0.2%
RMD	C	0.19%
MANH	B	0.19%
EQR	B	0.19%
EQT	D	0.18%
HSY	C	0.18%
EA	D	0.18%
TROW	D	0.17%
PPG	D	0.16%
KEYS	C	0.16%
CBOE	C	0.15%
SMCI	F	0.15%
EXPD	C	0.13%
EME	B	0.13%
MOH	D	0.12%
LPLA	D	0.12%
WST	D	0.12%
ROL	C	0.12%
WAT	C	0.12%
OMC	B	0.11%
ENPH	D	0.11%
WSO	C	0.11%
ERIE	B	0.11%
FDS	C	0.11%
JKHY	B	0.1%
GGG	C	0.1%
AVY	C	0.09%
PKG	B	0.09%
UTHR	C	0.08%
RS	D	0.08%
AOS	D	0.07%
MKTX	C	0.07%
IPG	C	0.06%
SEIC	C	0.06%
AFG	B	0.06%
SOLV	C	0.05%
WBA	F	0.03%

SIZE Underweight 67 Positions Relative to REW

Symbol	Grade	Weight
INTC	F	-3.85%
CRM	D	-2.4%
AVGO	C	-1.82%
IBM	B	-1.82%
ORCL	C	-1.77%
INTU	C	-1.09%
MU	F	-0.95%
NOW	B	-0.87%
AMD	D	-0.84%
ADI	C	-0.65%
ADSK	C	-0.63%
CTSH	C	-0.51%
HPQ	D	-0.48%
MSI	B	-0.45%
WDAY	D	-0.44%
EBAY	B	-0.41%
MCHP	F	-0.39%
PANW	D	-0.35%
ANSS	D	-0.34%
VRSN	D	-0.33%
SWKS	D	-0.31%
IAC	C	-0.3%
WDC	D	-0.3%
HPE	D	-0.29%
CDW	D	-0.29%
MRVL	C	-0.28%
FTNT	C	-0.25%
AKAM	D	-0.23%
TWLO	D	-0.22%
SNAP	F	-0.22%
SSNC	B	-0.21%
STX	C	-0.21%
OKTA	F	-0.21%
IT	B	-0.21%
RNG	F	-0.21%
QRVO	F	-0.2%
LDOS	B	-0.2%
LUMN	C	-0.2%
GDDY	C	-0.19%
EPAM	F	-0.19%
TYL	C	-0.18%
BAH	C	-0.17%
TTD	B	-0.17%
FICO	B	-0.17%
TER	D	-0.17%
DOX	C	-0.15%
ON	D	-0.15%
DXC	C	-0.14%
GWRE	A	-0.14%
AZPN	B	-0.14%
OLED	C	-0.13%
DOCU	C	-0.13%
DELL	D	-0.12%
JNPR	B	-0.12%
FFIV	B	-0.12%
PTC	D	-0.12%
HUBS	D	-0.11%
DAY	D	-0.11%
ENTG	F	-0.11%
CIEN	C	-0.1%
CACI	B	-0.1%
XRX	D	-0.1%
LITE	B	-0.09%
SNX	D	-0.09%
Z	B	-0.09%
ETSY	F	-0.09%
MKSI	F	-0.09%