SMN vs. PWER ETF Comparison

Comparison of ProShares UltraShort Basic Materials (SMN) to Macquarie Energy Transition ETF (PWER)

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 ^*

* may have additional holdings in another (foreign) market

PWER

Macquarie Energy Transition ETF

PWER Description

The ETF seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of securities in the energy, materials, industrial, renewable energy, and utilities sectors that meet the fund"s investment criteria.

Grade (RS Rating)

Last Trade

$28.22

Average Daily Volume

635

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMN	PWER
30 Days	6.32%	-2.77%
60 Days	3.16%	-1.50%
90 Days	-6.24%	6.21%
12 Months	-28.24%

4 Overlapping Holdings

Symbol	Grade	Weight in SMN	Weight in PWER	Overlap
AA	B	0.52%	5.14%	0.52%
APD	B	8.28%	3.83%	3.83%
CF	B	1.59%	5.43%	1.59%
STLD	A	1.13%	1.06%	1.06%

SMN Overweight 39 Positions Relative to PWER

Symbol	Grade	Weight
LIN	C	18.22%
ECL	C	7.77%
DD	D	7.23%
DOW	F	6.27%
NEM	D	5.65%
PPG	F	4.81%
LYB	F	3.74%
CTVA	A	3.36%
FCX	D	2.96%
NUE	F	2.59%
IFF	D	2.28%
CE	F	2.25%
FMC	B	2.05%
EMN	C	1.67%
RPM	B	1.53%
ALB	C	1.36%
RS	C	1.28%
MOS	B	1.21%
RGLD	B	1.17%
AXTA	A	1.0%
HUN	F	0.74%
ASH	F	0.73%
SMG	A	0.7%
VVV	D	0.64%
NGVT	C	0.55%
NEU	D	0.55%
OLN	F	0.45%
CC	F	0.45%
ESI	A	0.44%
SXT	C	0.44%
CMC	A	0.41%
FUL	F	0.4%
CBT	B	0.4%
WLK	F	0.39%
ATI	F	0.37%
CRS	B	0.35%
X	C	0.28%
WOR	F	0.24%
BTU	A	0.1%

SMN Underweight 19 Positions Relative to PWER

Symbol	Grade	Weight
FSLR	C	-5.11%
MP	B	-4.31%
BKR	A	-3.94%
GNRC	A	-3.85%
RUN	C	-3.5%
SLB	F	-2.94%
COP	D	-2.83%
EQT	C	-2.44%
CHRD	F	-2.03%
PR	F	-1.96%
MTUS	F	-1.95%
ENPH	F	-1.85%
VLO	F	-1.75%
MPC	F	-1.72%
EOG	D	-1.02%
DAR	B	-1.0%
FLNC	B	-0.99%
LEU	A	-0.87%
OXY	F	-0.85%

SMN: Top Represented Industries & Keywords

Industries: Specialty Chemicals Chemicals Steel Agricultural Inputs Gold Metal Fabrication Aluminum Coal Copper Oil & Gas Refining & Marketing