SMN vs. FPRO ETF Comparison

Comparison of ProShares UltraShort Basic Materials (SMN) to Fidelity Real Estate Investment ETF (FPRO)
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

$6.43

Average Daily Volume

7,346

Number of Holdings *

43

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

Fidelity Real Estate Investment ETF

FPRO Description The investment seeks above-average income and long-term capital growth, consistent with reasonable investment risk. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. The fund normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.09

Average Daily Volume

4,427

Number of Holdings *

37

* may have additional holdings in another (foreign) market
Performance
Period SMN FPRO
30 Days -4.09% 1.69%
60 Days -12.83% 7.52%
90 Days -16.51% 16.14%
12 Months -33.27% 32.11%
0 Overlapping Holdings
Symbol Grade Weight in SMN Weight in FPRO Overlap
SMN Overweight 43 Positions Relative to FPRO
Symbol Grade Weight
LIN B 18.22%
APD C 8.28%
ECL A 7.77%
DD B 7.23%
DOW B 6.27%
NEM C 5.65%
PPG D 4.81%
LYB D 3.74%
CTVA B 3.36%
FCX B 2.96%
NUE D 2.59%
IFF C 2.28%
CE D 2.25%
FMC B 2.05%
EMN B 1.67%
CF A 1.59%
RPM C 1.53%
ALB D 1.36%
RS D 1.28%
MOS F 1.21%
RGLD C 1.17%
STLD C 1.13%
AXTA C 1.0%
HUN B 0.74%
ASH F 0.73%
SMG B 0.7%
VVV D 0.64%
NGVT D 0.55%
NEU F 0.55%
AA C 0.52%
OLN D 0.45%
CC D 0.45%
ESI B 0.44%
SXT C 0.44%
CMC C 0.41%
FUL F 0.4%
CBT B 0.4%
WLK B 0.39%
ATI B 0.37%
CRS B 0.35%
X F 0.28%
WOR F 0.24%
BTU B 0.1%
SMN Underweight 37 Positions Relative to FPRO
Symbol Grade Weight
PLD D -11.02%
AMT C -8.86%
EQIX B -6.69%
VTR B -5.67%
PSA C -5.38%
CBRE A -3.97%
KIM C -3.83%
NNN A -3.61%
DLR C -3.56%
CUBE C -3.46%
UDR C -3.16%
SUI C -3.09%
MAA C -2.77%
WELL B -2.71%
CCI A -2.71%
EQR C -2.54%
IRM B -2.04%
AMH D -1.92%
EXR C -1.8%
COLD D -1.53%
CSGP F -1.52%
INVH D -1.36%
UE B -1.36%
SBAC B -1.35%
LAMR C -1.3%
STAG D -1.03%
REG B -1.02%
DRH D -0.97%
CPT C -0.95%
PECO C -0.92%
FCPT C -0.81%
TRNO D -0.79%
WY B -0.73%
SKT A -0.61%
COMP C -0.59%
RHP C -0.53%
ELS D -0.42%
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