SRS vs. URE ETF Comparison

Comparison of ProShares UltraShort Real Estate (SRS) to ProShares Ultra Real Estate (URE)

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

$11.05

Average Daily Volume

46,507

Number of Holdings ^*

* may have additional holdings in another (foreign) market

URE

ProShares Ultra Real Estate

URE Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Real EstateSM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) 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

$78.14

Average Daily Volume

8,785

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SRS	URE
30 Days	-14.21%	17.01%
60 Days	-18.87%	23.44%
90 Days	-28.12%	39.16%
12 Months	-36.02%	47.49%

31 Overlapping Holdings

Symbol	Grade	Weight in SRS	Weight in URE	Overlap
AMT	B	8.05%	6.45%	6.45%
ARE	B	1.46%	1.07%	1.07%
AVB	B	2.35%	1.86%	1.86%
BXP	A	1.56%	0.63%	0.63%
CBRE	B	1.59%	2.0%	1.59%
CCI	B	4.7%	2.95%	2.95%
CPT	B	0.83%	0.76%	0.76%
CSGP	D	1.85%	1.85%	1.85%
DLR	A	2.02%	2.81%	2.02%
DOC	B	1.4%	0.91%	0.91%
EQIX	B	3.91%	4.54%	3.91%
EQR	B	2.24%	1.5%	1.5%
ESS	A	1.59%	1.12%	1.12%
EXR	A	1.13%	2.15%	1.13%
FRT	B	0.71%	0.5%	0.5%
HST	D	1.0%	0.69%	0.69%
INVH	B	1.28%	1.21%	1.21%
IRM	A	0.7%	1.88%	0.7%
KIM	B	0.67%	0.9%	0.67%
MAA	A	1.19%	1.09%	1.09%
O	B	1.94%	3.18%	1.94%
PLD	B	4.64%	6.89%	4.64%
PSA	A	2.58%	3.2%	2.58%
REG	B	0.82%	0.7%	0.7%
SBAC	B	2.21%	1.5%	1.5%
SPG	B	3.53%	3.14%	3.14%
UDR	B	1.08%	0.78%	0.78%
VICI	B	0.76%	2.04%	0.76%
VTR	B	1.71%	1.49%	1.49%
WELL	B	2.73%	4.36%	2.73%
WY	C	1.8%	1.29%	1.29%

SRS Overweight 56 Positions Relative to URE

Symbol	Grade	Weight
WPC	B	1.12%
SUI	B	1.12%
NLY	A	1.08%
ELS	B	1.0%
MPW	B	0.9%
VNO	A	0.83%
AGNC	A	0.77%
OHI	B	0.74%
NNN	B	0.74%
GLPI	B	0.72%
JLL	B	0.69%
KRC	C	0.63%
LAMR	A	0.62%
AIV	B	0.61%
SLG	B	0.58%
STWD	B	0.56%
AMH	B	0.54%
DEI	A	0.54%
COLD	D	0.53%
CUZ	B	0.48%
BRX	B	0.48%
CUBE	A	0.47%
PK	F	0.46%
HPP	F	0.45%
EPR	B	0.44%
HHH	C	0.42%
FR	B	0.42%
EGP	B	0.41%
HIW	A	0.41%
REXR	C	0.41%
BXMT	C	0.39%
RHP	D	0.37%
JBGS	B	0.37%
HR	B	0.36%
SBRA	A	0.33%
TWO	A	0.32%
OUT	B	0.32%
RYN	C	0.32%
CIM	B	0.31%
SVC	F	0.31%
EQC	B	0.31%
NHI	B	0.29%
DSS	F	0.28%
MFA	B	0.28%
APLE	D	0.26%
PEB	D	0.26%
SHO	D	0.24%
RLJ	F	0.23%
PDM	B	0.23%
PCH	C	0.23%
BDN	B	0.22%
PGRE	C	0.22%
MAC	B	0.22%
LXP	B	0.21%
IVR	C	0.19%
XHR	C	0.18%

SRS Underweight 0 Positions Relative to URE

	Symbol	Grade	Weight