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
43
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
20
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
SMN: Top Represented Industries & Keywords
FLUD: Top Represented Industries & Keywords