SMN vs. EDOW ETF Comparison
Comparison of ProShares UltraShort Basic Materials (SMN) to First Trust Dow 30 Equal Weight ETF (EDOW)
SMN
ProShares UltraShort Basic Materials
SMN 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. Basic MaterialsSM 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 basic materials sector of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$6.93
Average Daily Volume
7,355
43
EDOW
First Trust Dow 30 Equal Weight ETF
EDOW Description
The investment seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Industrial Average Equal Weight Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is the equal weight version of the Dow Jones Industrial Average (the DJIA). The DJIA is composed of 30 securities issued by blue-chip U.S. companies covering all industries, with the exception of transportation and utilities.Grade (RS Rating)
Last Trade
$35.46
Average Daily Volume
30,764
30
Performance
Period | SMN | EDOW |
---|---|---|
30 Days | -5.89% | 2.92% |
60 Days | -4.41% | 2.14% |
90 Days | -8.17% | 5.37% |
12 Months | -21.56% | 18.87% |
1 Overlapping Holdings
Symbol | Grade | Weight in SMN | Weight in EDOW | Overlap | |
---|---|---|---|---|---|
DOW | F | 6.27% | 2.97% | 2.97% |
SMN Overweight 42 Positions Relative to EDOW
Symbol | Grade | Weight | |
---|---|---|---|
LIN | B | 18.22% | |
APD | B | 8.28% | |
ECL | A | 7.77% | |
DD | B | 7.23% | |
NEM | B | 5.65% | |
PPG | C | 4.81% | |
LYB | F | 3.74% | |
CTVA | B | 3.36% | |
FCX | D | 2.96% | |
NUE | D | 2.59% | |
IFF | B | 2.28% | |
CE | D | 2.25% | |
FMC | C | 2.05% | |
EMN | A | 1.67% | |
CF | C | 1.59% | |
RPM | B | 1.53% | |
ALB | D | 1.36% | |
RS | D | 1.28% | |
MOS | F | 1.21% | |
RGLD | B | 1.17% | |
STLD | F | 1.13% | |
AXTA | C | 1.0% | |
HUN | D | 0.74% | |
ASH | D | 0.73% | |
SMG | C | 0.7% | |
VVV | D | 0.64% | |
NGVT | F | 0.55% | |
NEU | C | 0.55% | |
AA | D | 0.52% | |
OLN | D | 0.45% | |
CC | F | 0.45% | |
ESI | D | 0.44% | |
SXT | D | 0.44% | |
CMC | D | 0.41% | |
FUL | D | 0.4% | |
CBT | B | 0.4% | |
WLK | D | 0.39% | |
ATI | D | 0.37% | |
CRS | B | 0.35% | |
X | D | 0.28% | |
WOR | F | 0.24% | |
BTU | D | 0.1% |
SMN Underweight 29 Positions Relative to EDOW
Symbol | Grade | Weight | |
---|---|---|---|
MMM | A | -4.14% | |
IBM | A | -3.9% | |
UNH | C | -3.87% | |
WMT | B | -3.78% | |
TRV | A | -3.73% | |
MCD | B | -3.69% | |
JNJ | B | -3.69% | |
KO | B | -3.67% | |
AMGN | B | -3.54% | |
VZ | A | -3.53% | |
AXP | B | -3.51% | |
CSCO | C | -3.43% | |
HD | B | -3.43% | |
PG | A | -3.42% | |
JPM | D | -3.41% | |
CRM | D | -3.41% | |
V | A | -3.39% | |
GS | D | -3.36% | |
CAT | C | -3.34% | |
AAPL | D | -3.33% | |
AMZN | C | -3.14% | |
HON | D | -3.1% | |
MSFT | C | -3.01% | |
CVX | D | -2.91% | |
BA | F | -2.9% | |
MRK | D | -2.86% | |
DIS | D | -2.84% | |
NKE | D | -2.69% | |
INTC | F | -2.0% |
SMN: Top Represented Industries & Keywords
EDOW: Top Represented Industries & Keywords