SMN vs. IYM ETF Comparison
Comparison of ProShares UltraShort Basic Materials (SMN) to iShares U.S. Basic Materials ETF (IYM)
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
43
IYM
iShares U.S. Basic Materials ETF
IYM Description
The investment seeks to track the investment results of an index composed of U.S. equities in the basic materials sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Basic Materials Index (the "underlying index"), which measures the performance of the basic materials sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$145.84
Average Daily Volume
12,811
35
Performance
| Period | SMN | IYM |
|---|---|---|
| 30 Days | 6.32% | -2.55% |
| 60 Days | 3.16% | 0.05% |
| 90 Days | -6.24% | 4.26% |
| 12 Months | -28.24% | 18.80% |
27 Overlapping Holdings
| Symbol | Grade | Weight in SMN | Weight in IYM | Overlap | |
|---|---|---|---|---|---|
| AA | B | 0.52% | 1.63% | 0.52% | |
| ALB | C | 1.36% | 1.8% | 1.36% | |
| APD | B | 8.28% | 8.14% | 8.14% | |
| ASH | F | 0.73% | 0.69% | 0.69% | |
| CC | F | 0.45% | 0.44% | 0.44% | |
| CE | F | 2.25% | 2.23% | 2.23% | |
| CF | B | 1.59% | 2.43% | 1.59% | |
| ECL | C | 7.77% | 7.24% | 7.24% | |
| EMN | C | 1.67% | 2.0% | 1.67% | |
| ESI | A | 0.44% | 0.98% | 0.44% | |
| FCX | D | 2.96% | 7.61% | 2.96% | |
| FMC | B | 2.05% | 1.31% | 1.31% | |
| HUN | F | 0.74% | 0.58% | 0.58% | |
| IFF | D | 2.28% | 2.95% | 2.28% | |
| LIN | C | 18.22% | 21.19% | 18.22% | |
| LYB | F | 3.74% | 2.77% | 2.77% | |
| MOS | B | 1.21% | 1.39% | 1.21% | |
| NEM | D | 5.65% | 3.87% | 3.87% | |
| NEU | D | 0.55% | 0.57% | 0.55% | |
| NUE | F | 2.59% | 3.42% | 2.59% | |
| OLN | F | 0.45% | 0.78% | 0.45% | |
| RGLD | B | 1.17% | 1.56% | 1.17% | |
| RS | C | 1.28% | 2.66% | 1.28% | |
| SMG | A | 0.7% | 0.6% | 0.6% | |
| STLD | A | 1.13% | 3.15% | 1.13% | |
| WLK | F | 0.39% | 0.72% | 0.39% | |
| X | C | 0.28% | 1.41% | 0.28% |
SMN: Top Represented Industries & Keywords
IYM: Top Represented Industries & Keywords
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