SRS vs. NIXT ETF Comparison

Comparison of ProShares UltraShort Real Estate (SRS) to Research Affiliates Deletions ETF (NIXT)

SRS

ProShares UltraShort Real Estate

SRS 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. Real EstateSM 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 real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.96

Average Daily Volume

53,853

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NIXT

Research Affiliates Deletions ETF

NIXT Description

The index consists of U.S. equity securities of micro-, small- and mid- capitalization companies that are believed to be value stocks. Under normal circumstances, at least 80% of the fund"s total assets (exclusive of collateral held from securities lending) will be invested in U.S. equity securities of micro-, small- and mid- companies.

Grade (RS Rating)

Last Trade

$27.58

Average Daily Volume

44,362

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	SRS	NIXT
30 Days	304.40%	7.52%
60 Days	307.54%
90 Days	277.41%
12 Months	152.90%

17 Overlapping Holdings

Symbol	Grade	Weight in SRS	Weight in NIXT	Overlap
APLE	B	0.26%	0.64%	0.26%
BXP	C	1.56%	0.82%	0.82%
DEI	B	0.54%	0.82%	0.54%
ELS	D	1.0%	0.75%	0.75%
EPR	D	0.44%	0.71%	0.44%
EQC	C	0.31%	0.68%	0.31%
FRT	C	0.71%	0.68%	0.68%
HIW	C	0.41%	0.81%	0.41%
HST	C	1.0%	0.59%	0.59%
JBGS	D	0.37%	0.72%	0.37%
MAC	B	0.22%	0.86%	0.22%
OUT	C	0.32%	0.72%	0.32%
PK	D	0.46%	0.56%	0.46%
REG	B	0.82%	0.77%	0.77%
SLG	A	0.58%	0.98%	0.58%
SVC	F	0.31%	0.33%	0.31%
VNO	A	0.83%	1.02%	0.83%

SRS Overweight 70 Positions Relative to NIXT

Symbol	Grade	Weight
AMT	F	8.05%
CCI	D	4.7%
PLD	F	4.64%
EQIX	B	3.91%
SPG	B	3.53%
WELL	B	2.73%
PSA	D	2.58%
AVB	C	2.35%
EQR	D	2.24%
SBAC	D	2.21%
DLR	C	2.02%
O	D	1.94%
CSGP	D	1.85%
WY	D	1.8%
VTR	C	1.71%
ESS	C	1.59%
CBRE	B	1.59%
ARE	F	1.46%
DOC	B	1.4%
INVH	F	1.28%
MAA	D	1.19%
EXR	D	1.13%
WPC	F	1.12%
SUI	F	1.12%
NLY	D	1.08%
UDR	D	1.08%
MPW	D	0.9%
CPT	D	0.83%
AGNC	D	0.77%
VICI	D	0.76%
OHI	C	0.74%
NNN	F	0.74%
GLPI	D	0.72%
IRM	C	0.7%
JLL	C	0.69%
KIM	B	0.67%
KRC	B	0.63%
LAMR	B	0.62%
AIV	D	0.61%
STWD	D	0.56%
AMH	D	0.54%
COLD	F	0.53%
CUZ	B	0.48%
BRX	B	0.48%
CUBE	D	0.47%
HPP	F	0.45%
HHH	B	0.42%
FR	D	0.42%
EGP	F	0.41%
REXR	F	0.41%
BXMT	B	0.39%
RHP	B	0.37%
HR	D	0.36%
SBRA	B	0.33%
TWO	F	0.32%
RYN	C	0.32%
CIM	D	0.31%
NHI	D	0.29%
DSS	F	0.28%
MFA	D	0.28%
PEB	D	0.26%
SHO	B	0.24%
RLJ	D	0.23%
PDM	B	0.23%
PCH	D	0.23%
BDN	C	0.22%
PGRE	C	0.22%
LXP	D	0.21%
IVR	F	0.19%
XHR	B	0.18%

SRS Underweight 120 Positions Relative to NIXT

Symbol	Grade	Weight
LUMN	B	-3.79%
SIRI	D	-1.21%
LBRDK	B	-1.18%
OMCL	B	-1.16%
DNLI	C	-1.13%
TDS	B	-1.13%
VFC	B	-1.09%
FTDR	B	-1.03%
HBI	B	-1.0%
LITE	A	-0.96%
ACIW	A	-0.94%
CHRW	B	-0.94%
GEN	B	-0.91%
SHC	D	-0.91%
MKTX	C	-0.89%
SNDR	B	-0.89%
BFH	B	-0.88%
AFRM	B	-0.87%
BKU	B	-0.85%
BIO	B	-0.85%
UAA	B	-0.82%
CCOI	B	-0.82%
CRUS	F	-0.81%
CMA	B	-0.8%
AMBA	B	-0.8%
RNG	A	-0.79%
LNC	B	-0.79%
UHS	D	-0.79%
EQH	B	-0.78%
JWN	C	-0.77%
MSGS	A	-0.77%
NRG	A	-0.77%
FNF	D	-0.77%
SMTC	A	-0.76%
FHB	B	-0.76%
PNW	C	-0.76%
RL	B	-0.76%
RIVN	F	-0.74%
FL	F	-0.74%
SGRY	D	-0.74%
MTCH	F	-0.74%
PAYC	B	-0.73%
MP	B	-0.73%
PNM	B	-0.73%
AVT	B	-0.72%
DBX	C	-0.72%
JKHY	C	-0.71%
TNL	A	-0.71%
NWL	B	-0.71%
SABR	C	-0.71%
TFSL	B	-0.7%
CNA	D	-0.7%
KMX	C	-0.7%
EMN	D	-0.7%
OGS	C	-0.7%
VIR	C	-0.7%
HAS	D	-0.69%
NVST	C	-0.69%
ALE	A	-0.69%
MQ	F	-0.68%
CTLT	D	-0.68%
FMC	D	-0.68%
SAM	C	-0.68%
LOPE	A	-0.68%
MASI	B	-0.67%
HE	D	-0.67%
VYX	C	-0.67%
SPR	F	-0.66%
IAC	C	-0.66%
AMED	C	-0.66%
DXC	B	-0.66%
GAP	C	-0.65%
TFX	F	-0.65%
JBLU	F	-0.65%
YETI	D	-0.64%
NOMD	F	-0.63%
PINC	B	-0.63%
PARA	C	-0.62%
NEU	C	-0.61%
CAR	D	-0.6%
ALLY	C	-0.59%
MRVI	F	-0.59%
ZD	C	-0.59%
PLUG	F	-0.58%
HLF	C	-0.58%
CABO	C	-0.56%
LCID	F	-0.56%
ARWR	D	-0.56%
MOS	C	-0.55%
ASAN	C	-0.55%
CBRL	C	-0.53%
NOV	D	-0.53%
ACLS	F	-0.53%
HP	C	-0.53%
NGVT	C	-0.53%
VAC	B	-0.52%
AEO	F	-0.52%
XRAY	F	-0.51%
AZTA	F	-0.51%
HAE	C	-0.5%
CRI	F	-0.5%
RAMP	C	-0.5%
ETSY	D	-0.49%
KSS	F	-0.49%
ENOV	C	-0.49%
BMBL	D	-0.47%
ZI	C	-0.46%
NSP	F	-0.46%
NTLA	F	-0.45%
HELE	D	-0.45%
LEG	F	-0.43%
IART	C	-0.42%
BBWI	C	-0.41%
HTZ	F	-0.4%
XRX	F	-0.4%
QRVO	F	-0.39%
TRIP	D	-0.39%
CVI	F	-0.34%
AGL	F	-0.32%
SAGE	F	-0.28%