SMN vs. RSPM ETF Comparison
Comparison of ProShares UltraShort Basic Materials (SMN) to Invesco S&P 500 Equal Weight Materials ETF (RSPM)
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
$14.31
Average Daily Volume
3,548
43
RSPM
Invesco S&P 500 Equal Weight Materials ETF
RSPM Description
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Materials Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the materials sector, as defined according to the Global Industry Classification Standard (GICS).Grade (RS Rating)
Last Trade
$35.56
Average Daily Volume
17,340
28
Performance
| Period | SMN | RSPM |
|---|---|---|
| 30 Days | 13.90% | -5.05% |
| 60 Days | 5.51% | -1.31% |
| 90 Days | 1.14% | 0.53% |
| 12 Months | -20.37% | 15.87% |
19 Overlapping Holdings
| Symbol | Grade | Weight in SMN | Weight in RSPM | Overlap | |
|---|---|---|---|---|---|
| ALB | B | 1.36% | 3.93% | 1.36% | |
| APD | A | 8.28% | 3.78% | 3.78% | |
| CE | F | 2.25% | 2.5% | 2.25% | |
| CF | A | 1.59% | 3.67% | 1.59% | |
| CTVA | C | 3.36% | 3.56% | 3.36% | |
| DD | D | 7.23% | 3.65% | 3.65% | |
| DOW | F | 6.27% | 3.35% | 3.35% | |
| ECL | D | 7.77% | 3.38% | 3.38% | |
| EMN | D | 1.67% | 3.45% | 1.67% | |
| FCX | F | 2.96% | 3.91% | 2.96% | |
| FMC | D | 2.05% | 3.29% | 2.05% | |
| IFF | D | 2.28% | 3.02% | 2.28% | |
| LIN | D | 18.22% | 3.41% | 3.41% | |
| LYB | F | 3.74% | 3.22% | 3.22% | |
| MOS | D | 1.21% | 3.69% | 1.21% | |
| NEM | D | 5.65% | 2.89% | 2.89% | |
| NUE | D | 2.59% | 3.86% | 2.59% | |
| PPG | F | 4.81% | 3.41% | 3.41% | |
| STLD | B | 1.13% | 4.51% | 1.13% |
SMN Overweight 24 Positions Relative to RSPM
| Symbol | Grade | Weight | |
|---|---|---|---|
| RPM | B | 1.53% | |
| RS | B | 1.28% | |
| RGLD | C | 1.17% | |
| AXTA | B | 1.0% | |
| HUN | F | 0.74% | |
| ASH | F | 0.73% | |
| SMG | C | 0.7% | |
| VVV | D | 0.64% | |
| NGVT | C | 0.55% | |
| NEU | D | 0.55% | |
| AA | A | 0.52% | |
| OLN | F | 0.45% | |
| CC | D | 0.45% | |
| ESI | B | 0.44% | |
| SXT | C | 0.44% | |
| CMC | B | 0.41% | |
| FUL | F | 0.4% | |
| CBT | C | 0.4% | |
| WLK | F | 0.39% | |
| ATI | C | 0.37% | |
| CRS | A | 0.35% | |
| X | C | 0.28% | |
| WOR | F | 0.24% | |
| BTU | C | 0.1% |
SMN: Top Represented Industries & Keywords
RSPM: Top Represented Industries & Keywords
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