SMN vs. FMAT ETF Comparison
Comparison of ProShares UltraShort Basic Materials (SMN) to Fidelity MSCI Materials Index ETF (FMAT)
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
$6.91
Average Daily Volume
7,365
Number of Holdings
*
43
* may have additional holdings in another (foreign) market
FMAT
Fidelity MSCI Materials Index ETF
FMAT Description
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials Index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$52.77
Average Daily Volume
32,986
Number of Holdings
*
110
* may have additional holdings in another (foreign) market
Performance
| Period | SMN | FMAT |
|---|---|---|
| 30 Days | 6.32% | -1.82% |
| 60 Days | 3.16% | 0.13% |
| 90 Days | -6.24% | 4.80% |
| 12 Months | -28.24% | 23.38% |
40 Overlapping Holdings
| Symbol | Grade | Weight in SMN | Weight in FMAT | Overlap | |
|---|---|---|---|---|---|
| AA | B | 0.52% | 0.64% | 0.52% | |
| ALB | C | 1.36% | 0.75% | 0.75% | |
| APD | B | 8.28% | 4.91% | 4.91% | |
| ASH | F | 0.73% | 0.28% | 0.28% | |
| ATI | F | 0.37% | 0.53% | 0.37% | |
| AXTA | A | 1.0% | 0.54% | 0.54% | |
| CBT | B | 0.4% | 0.43% | 0.4% | |
| CC | F | 0.45% | 0.2% | 0.2% | |
| CE | F | 2.25% | 0.99% | 0.99% | |
| CF | B | 1.59% | 1.05% | 1.05% | |
| CMC | A | 0.41% | 0.44% | 0.41% | |
| CRS | B | 0.35% | 0.51% | 0.35% | |
| CTVA | A | 3.36% | 2.76% | 2.76% | |
| DD | D | 7.23% | 2.39% | 2.39% | |
| DOW | F | 6.27% | 2.51% | 2.51% | |
| ECL | C | 7.77% | 4.44% | 4.44% | |
| EMN | C | 1.67% | 0.86% | 0.86% | |
| ESI | A | 0.44% | 0.39% | 0.39% | |
| FCX | D | 2.96% | 4.63% | 2.96% | |
| FMC | B | 2.05% | 0.52% | 0.52% | |
| FUL | F | 0.4% | 0.29% | 0.29% | |
| HUN | F | 0.74% | 0.26% | 0.26% | |
| IFF | D | 2.28% | 1.79% | 1.79% | |
| LIN | C | 18.22% | 15.69% | 15.69% | |
| LYB | F | 3.74% | 1.6% | 1.6% | |
| MOS | B | 1.21% | 0.56% | 0.56% | |
| NEM | D | 5.65% | 4.38% | 4.38% | |
| NEU | D | 0.55% | 0.26% | 0.26% | |
| NGVT | C | 0.55% | 0.08% | 0.08% | |
| NUE | F | 2.59% | 2.55% | 2.55% | |
| OLN | F | 0.45% | 0.38% | 0.38% | |
| PPG | F | 4.81% | 2.07% | 2.07% | |
| RGLD | B | 1.17% | 0.66% | 0.66% | |
| RPM | B | 1.53% | 1.15% | 1.15% | |
| RS | C | 1.28% | 1.14% | 1.14% | |
| SMG | A | 0.7% | 0.26% | 0.26% | |
| STLD | A | 1.13% | 1.35% | 1.13% | |
| SXT | C | 0.44% | 0.19% | 0.19% | |
| WLK | F | 0.39% | 0.36% | 0.36% | |
| X | C | 0.28% | 0.57% | 0.28% |
SMN Underweight 70 Positions Relative to FMAT
| Symbol | Grade | Weight | |
|---|---|---|---|
| SHW | D | -6.29% | |
| MLM | A | -2.37% | |
| VMC | A | -2.3% | |
| SW | A | -1.51% | |
| BALL | F | -1.39% | |
| PKG | A | -1.33% | |
| AVY | D | -1.18% | |
| AMCR | D | -1.09% | |
| IP | A | -1.03% | |
| CCK | B | -0.76% | |
| ATR | A | -0.75% | |
| EXP | B | -0.69% | |
| GPK | D | -0.61% | |
| BERY | A | -0.54% | |
| LPX | D | -0.45% | |
| CLF | C | -0.44% | |
| BCPC | C | -0.37% | |
| SEE | A | -0.35% | |
| SON | F | -0.35% | |
| KNF | A | -0.34% | |
| SUM | A | -0.34% | |
| AVNT | D | -0.31% | |
| SLGN | A | -0.3% | |
| HL | C | -0.27% | |
| HCC | A | -0.22% | |
| SLVM | B | -0.2% | |
| IOSP | F | -0.19% | |
| HWKN | D | -0.18% | |
| CDE | C | -0.17% | |
| MTX | C | -0.17% | |
| AMR | F | -0.16% | |
| KWR | D | -0.16% | |
| ARCH | B | -0.16% | |
| MTRN | D | -0.15% | |
| MP | B | -0.15% | |
| OI | F | -0.14% | |
| TROX | F | -0.12% | |
| PRM | A | -0.12% | |
| GEF | B | -0.11% | |
| SCL | F | -0.11% | |
| ASPN | F | -0.1% | |
| PCT | B | -0.08% | |
| WS | A | -0.08% | |
| KALU | B | -0.08% | |
| USLM | A | -0.08% | |
| OEC | F | -0.07% | |
| TRS | B | -0.07% | |
| ASIX | C | -0.06% | |
| MATV | F | -0.06% | |
| CENX | B | -0.06% | |
| GATO | B | -0.05% | |
| RYI | C | -0.05% | |
| IE | B | -0.05% | |
| ECVT | C | -0.05% | |
| SXC | A | -0.05% | |
| HAYN | A | -0.05% | |
| KOP | F | -0.05% | |
| PTVE | D | -0.04% | |
| MTUS | F | -0.04% | |
| ZEUS | F | -0.03% | |
| MYE | F | -0.03% | |
| CLW | F | -0.03% | |
| LXU | B | -0.03% | |
| CMP | C | -0.03% | |
| RDUS | F | -0.03% | |
| MERC | D | -0.02% | |
| PACK | D | -0.02% | |
| KRO | D | -0.02% | |
| GEF | B | -0.02% | |
| METC | F | -0.02% |
SMN: Top Represented Industries & Keywords
FMAT: Top Represented Industries & Keywords
Industries:
Specialty Chemicals
Packaging & Containers
Chemicals
Steel
Building Materials
Agricultural Inputs
Coal
Gold
Metal Fabrication
Paper & Paper Products
Aluminum
Industrial Metals & Minerals
Business Equipment
Conglomerates
Copper
Diversified Industrials
Other Industrial Metals & Mining
Other Precious Metals & Mining
Pollution & Treatment Controls
Rubber & Plastics
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