SIZE vs. SEF ETF Comparison

Comparison of iShares MSCI USA Size Factor (SIZE) to ProShares Short Financials (SEF)

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

$148.44

Average Daily Volume

4,219

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

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

$9.47

Average Daily Volume

72,662

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SIZE	SEF
30 Days	3.32%	-0.14%
60 Days	10.39%	-9.58%
90 Days	8.72%	-7.75%
12 Months	31.13%	-24.02%

18 Overlapping Holdings

Symbol	Grade	Weight in SIZE	Weight in SEF	Overlap
ACGL	A	0.29%	0.31%	0.29%
AFL	A	0.42%	0.66%	0.42%
AMP	A	0.28%	0.37%	0.28%
AVB	C	0.23%	0.51%	0.23%
BLK	A	0.89%	1.06%	0.89%
CBRE	C	0.33%	0.34%	0.33%
CME	A	0.52%	1.25%	0.52%
CSGP	F	0.27%	0.4%	0.27%
EQR	C	0.18%	0.48%	0.18%
FDS	C	0.12%	0.18%	0.12%
MA	A	4.04%	4.83%	4.04%
MCO	D	0.54%	0.7%	0.54%
MKTX	B	0.07%	0.24%	0.07%
MMC	D	0.75%	0.97%	0.75%
PLD	D	0.79%	1.0%	0.79%
PSA	C	0.6%	0.56%	0.56%
TROW	D	0.17%	0.52%	0.17%
V	B	4.06%	5.88%	4.06%

SIZE Overweight 105 Positions Relative to SEF

Symbol	Grade	Weight
NVDA	B	5.74%
AAPL	C	5.51%
MSFT	D	4.59%
META	A	4.28%
LLY	D	4.08%
UNH	B	2.79%
COST	C	2.49%
JNJ	D	2.27%
TJX	D	1.98%
ADBE	F	1.77%
GOOGL	B	1.73%
COP	D	1.7%
KO	C	1.68%
ACN	B	1.67%
ADP	A	1.66%
NKE	D	1.64%
CSCO	A	1.61%
NFLX	A	1.52%
GOOG	B	1.51%
CAT	A	1.44%
AMAT	C	1.37%
TXN	C	1.35%
CMG	C	1.24%
LMT	A	1.23%
LIN	C	1.22%
PEP	F	1.2%
QCOM	D	1.2%
KLAC	B	0.94%
SLB	D	0.9%
SRE	C	0.85%
DHI	C	0.84%
LRCX	D	0.83%
ANET	A	0.74%
ITW	C	0.71%
PEG	A	0.71%
VRTX	D	0.63%
SHW	C	0.58%
ZTS	C	0.57%
NVR	C	0.57%
CTAS	C	0.57%
LULU	D	0.56%
ED	C	0.55%
MMM	C	0.54%
CDNS	D	0.53%
GWW	B	0.52%
PAYX	B	0.49%
SNPS	F	0.49%
PHM	C	0.49%
APH	D	0.46%
TSCO	A	0.46%
DECK	B	0.44%
GRMN	D	0.4%
ATO	A	0.39%
TPL	A	0.39%
FAST	C	0.36%
IDXX	D	0.35%
ULTA	D	0.33%
WSM	C	0.33%
BBY	C	0.32%
APD	C	0.32%
ODFL	F	0.31%
MPWR	B	0.28%
FERG	F	0.28%
POOL	D	0.23%
A	B	0.23%
EW	F	0.23%
APA	F	0.22%
NTAP	D	0.22%
VLTO	A	0.22%
MNST	D	0.21%
MANH	A	0.2%
ROK	D	0.2%
EQT	C	0.19%
RMD	C	0.18%
EA	D	0.18%
HSY	D	0.17%
PPG	D	0.16%
KEYS	B	0.16%
CBOE	B	0.15%
VEEV	C	0.15%
EME	B	0.14%
LPLA	D	0.13%
EXPD	D	0.13%
SMCI	F	0.13%
WAT	B	0.13%
WST	D	0.12%
ROL	C	0.12%
GGG	C	0.11%
ENPH	F	0.11%
OMC	C	0.11%
MOH	F	0.11%
WSO	C	0.11%
ERIE	A	0.11%
JKHY	A	0.1%
AVY	D	0.09%
PKG	B	0.09%
AOS	C	0.08%
UTHR	C	0.08%
RS	D	0.08%
IPG	D	0.06%
SEIC	B	0.06%
AFG	A	0.06%
PAYC	D	0.06%
SOLV	C	0.05%
WBA	F	0.03%

SIZE Underweight 79 Positions Relative to SEF

Symbol	Grade	Weight
BRK.A	B	-7.56%
JPM	C	-7.27%
BAC	B	-4.46%
WFC	B	-3.19%
C	B	-2.98%
AMT	D	-1.74%
AXP	A	-1.49%
GS	B	-1.34%
USB	C	-1.32%
TFC	D	-1.27%
SPGI	C	-1.22%
MS	A	-1.19%
CB	A	-1.17%
PNC	C	-1.13%
CCI	D	-1.02%
SCHW	D	-0.93%
ICE	A	-0.91%
EQIX	C	-0.84%
AON	A	-0.83%
COF	A	-0.81%
AIG	C	-0.77%
SPG	A	-0.76%
PGR	B	-0.75%
MET	A	-0.69%
BX	C	-0.67%
PRU	B	-0.66%
BK	A	-0.65%
ALL	A	-0.64%
TRV	B	-0.61%
WELL	C	-0.59%
STT	A	-0.5%
SBAC	C	-0.48%
DLR	C	-0.44%
WTW	C	-0.44%
DFS	A	-0.44%
O	C	-0.42%
MSCI	B	-0.4%
WY	C	-0.39%
NTRS	B	-0.39%
VTR	C	-0.37%
HIG	A	-0.37%
SYF	A	-0.36%
MTB	A	-0.36%
FITB	C	-0.35%
BXP	B	-0.34%
ESS	D	-0.34%
ARE	D	-0.32%
KEY	B	-0.32%
CFG	C	-0.3%
DOC	C	-0.3%
AJG	C	-0.3%
INVH	D	-0.28%
MKL	B	-0.28%
RF	B	-0.27%
CINF	A	-0.27%
HBAN	B	-0.26%
MAA	D	-0.26%
PFG	A	-0.25%
WPC	C	-0.24%
SUI	D	-0.24%
EXR	D	-0.24%
L	C	-0.23%
NLY	C	-0.23%
UDR	C	-0.23%
HST	D	-0.22%
ELS	D	-0.22%
FNF	C	-0.22%
NDAQ	C	-0.21%
RJF	B	-0.2%
LNC	B	-0.2%
EG	A	-0.19%
MPW	C	-0.19%
ALLY	F	-0.19%
EQH	B	-0.19%
GL	C	-0.18%
REG	C	-0.18%
VNO	B	-0.18%
CPT	C	-0.18%
WRB	C	-0.17%