SMN vs. GCAD ETF Comparison

Comparison of ProShares UltraShort Basic Materials (SMN) to Gabelli Equity Income ETF (GCAD)
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

$6.98

Average Daily Volume

7,360

Number of Holdings *

43

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

Gabelli Equity Income ETF

GCAD Description The fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets in securities in income producing equity securities including securities in the aerospace and defense sectors. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts. Defense companies include producers of components and equipment for the defense industry, such as military aircraft, radar equipment and weapons.

Grade (RS Rating)

Last Trade

$33.32

Average Daily Volume

727

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period SMN GCAD
30 Days -4.27% -0.50%
60 Days -6.81% 2.44%
90 Days -7.38% 6.34%
12 Months -21.92% 35.54%
0 Overlapping Holdings
Symbol Grade Weight in SMN Weight in GCAD Overlap
SMN Overweight 43 Positions Relative to GCAD
Symbol Grade Weight
LIN B 18.22%
APD B 8.28%
ECL B 7.77%
DD B 7.23%
DOW D 6.27%
NEM B 5.65%
PPG C 4.81%
LYB F 3.74%
CTVA B 3.36%
FCX D 2.96%
NUE F 2.59%
IFF B 2.28%
CE D 2.25%
FMC C 2.05%
EMN B 1.67%
CF B 1.59%
RPM B 1.53%
ALB F 1.36%
RS D 1.28%
MOS F 1.21%
RGLD B 1.17%
STLD D 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 D 0.55%
AA D 0.52%
OLN D 0.45%
CC F 0.45%
ESI D 0.44%
SXT C 0.44%
CMC D 0.41%
FUL D 0.4%
CBT B 0.4%
WLK D 0.39%
ATI C 0.37%
CRS B 0.35%
X D 0.28%
WOR F 0.24%
BTU D 0.1%
SMN Underweight 10 Positions Relative to GCAD
Symbol Grade Weight
BA F -8.08%
SPR D -6.93%
HXL F -6.04%
MOG.A B -5.73%
DCO B -5.35%
HON D -4.74%
LMT C -4.32%
CW B -3.96%
WWD D -3.94%
HEI B -3.72%
Compare ETFs