SMN vs. FLUD ETF Comparison

Comparison of ProShares UltraShort Basic Materials (SMN) to Franklin Liberty Ultra Short Bond ETF (FLUD)
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

$7.79

Average Daily Volume

6,314

Number of Holdings *

43

* may have additional holdings in another (foreign) market
FLUD

Franklin Liberty Ultra Short Bond ETF

FLUD Description The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in bonds and investments that provide exposure to bonds. It targets an estimated average portfolio duration of one (1) year or less. The fund invests predominantly in U.S. dollar denominated, investment grade debt securities and investments. It may invest in U.S. dollar denominated foreign securities, including emerging market securities.

Grade (RS Rating)

Last Trade

$24.86

Average Daily Volume

1,956

Number of Holdings *

20

* may have additional holdings in another (foreign) market
Performance
Period SMN FLUD
30 Days 6.29% 0.10%
60 Days 6.13% 0.15%
90 Days 13.17% 0.08%
12 Months -13.40% 2.46%
1 Overlapping Holdings
Symbol Grade Weight in SMN Weight in FLUD Overlap
DD C 7.23% 4.1% 4.1%
SMN Overweight 42 Positions Relative to FLUD
Symbol Grade Weight
LIN C 18.22%
APD D 8.28%
ECL B 7.77%
DOW D 6.27%
NEM A 5.65%
PPG D 4.81%
LYB D 3.74%
CTVA D 3.36%
FCX C 2.96%
NUE F 2.59%
IFF B 2.28%
CE F 2.25%
FMC F 2.05%
EMN D 1.67%
CF F 1.59%
RPM D 1.53%
ALB F 1.36%
RS D 1.28%
MOS F 1.21%
RGLD B 1.17%
STLD D 1.13%
AXTA D 1.0%
HUN F 0.74%
ASH D 0.73%
SMG D 0.7%
VVV B 0.64%
NGVT F 0.55%
NEU D 0.55%
AA B 0.52%
OLN F 0.45%
CC F 0.45%
ESI B 0.44%
SXT C 0.44%
CMC D 0.41%
FUL D 0.4%
CBT D 0.4%
WLK D 0.39%
ATI C 0.37%
CRS B 0.35%
X C 0.28%
WOR F 0.24%
BTU C 0.1%
SMN Underweight 19 Positions Relative to FLUD
Symbol Grade Weight
GE D -4.08%
AZN C -4.07%
EBAY B -4.06%
C B -4.06%
GJS D -4.04%
CAF F -4.02%
MCHP C -3.98%
BIIB C -2.75%
TMO D -2.69%
BA C -2.69%
HRL F -2.67%
KMI B -1.45%
COF D -1.38%
ET B -1.38%
BAC B -1.35%
ABBV C -1.35%
CM C -1.35%
BMO D -1.35%
RPRX F -1.34%
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