SSG vs. FWD ETF Comparison

Comparison of ProShares UltraShort Semiconductors (SSG) to AB Disruptors ETF (FWD)

SSG

ProShares UltraShort Semiconductors

SSG 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. SemiconductorsSM 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 semiconductor sub-sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.71

Average Daily Volume

35,078

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FWD

AB Disruptors ETF

FWD Description

FWD seeks capital growth by actively investing in companies globally, believed to be at the forefront of innovative growth trends. The funds adviser considers such companies as market disrupters. Many may utilize technology to enhance or create new demand for their product or service. The selection process combines a top-down evaluation of macroeconomic growth trends with fundamental, bottom-up analysis of individual companies. Factors such as current and projected profitability, pricing power, competitiveness, technological superiority, and management robustness of a company are considered. Targeted themes may include cloud infrastructure & AI, energy transition, transportation & logistics, medical innovation, digital transactions & media, and industrial innovation. The resulting portfolio of 80-120 stocks is considered non-diversified and may heavily focus on industries within the Information Technology sector.

Grade (RS Rating)

Last Trade

$81.72

Average Daily Volume

19,575

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SSG	FWD
30 Days	-10.22%	3.20%
60 Days	-22.58%	7.97%
90 Days	-21.01%	7.75%
12 Months	-81.60%	45.06%

13 Overlapping Holdings

Symbol	Grade	Weight in SSG	Weight in FWD	Overlap
ADI	D	3.48%	0.64%	0.64%
AMAT	F	4.58%	0.93%	0.93%
AMD	F	4.48%	0.7%	0.7%
AVGO	C	9.66%	1.51%	1.51%
LRCX	F	3.53%	0.98%	0.98%
MPWR	F	0.58%	0.42%	0.42%
MRVL	B	1.5%	1.23%	1.23%
MU	D	5.04%	1.04%	1.04%
NVDA	A	12.05%	5.44%	5.44%
ON	F	0.81%	1.01%	0.81%
SLAB	F	0.41%	0.65%	0.41%
TER	F	0.93%	0.94%	0.93%
TXN	B	9.72%	1.5%	1.5%

SSG Overweight 12 Positions Relative to FWD

Symbol	Grade	Weight
INTC	C	20.47%
QCOM	F	8.64%
KLAC	F	2.23%
MCHP	F	2.06%
SWKS	F	1.67%
QRVO	F	1.06%
OLED	F	0.71%
ENTG	F	0.6%
MKSI	C	0.5%
CRUS	F	0.38%
SMTC	C	0.29%
IDCC	B	0.15%

SSG Underweight 69 Positions Relative to FWD

Symbol	Grade	Weight
TSLA	B	-2.9%
VST	B	-2.21%
ORCL	A	-2.12%
GEV	B	-2.07%
VRT	B	-1.63%
ANET	C	-1.59%
ISRG	A	-1.59%
BSX	A	-1.49%
NFLX	A	-1.45%
META	B	-1.44%
SHOP	B	-1.39%
AMZN	A	-1.36%
PLTR	B	-1.26%
FTNT	B	-1.2%
HWM	B	-1.18%
EPAM	B	-1.17%
SPOT	A	-1.17%
TTD	B	-1.14%
COHR	C	-1.12%
ETN	B	-1.09%
CRWD	B	-1.08%
DASH	A	-1.05%
APO	B	-1.05%
TT	B	-1.03%
IOT	B	-1.01%
CAT	B	-0.97%
LSCC	D	-0.96%
ARM	D	-0.96%
DDOG	B	-0.95%
TEAM	B	-0.94%
MDB	C	-0.91%
MELI	D	-0.86%
WAB	B	-0.85%
BKR	B	-0.84%
LLY	F	-0.83%
GWRE	A	-0.78%
SYK	A	-0.78%
CIEN	B	-0.76%
RBLX	B	-0.75%
NEE	D	-0.74%
AAPL	C	-0.73%
ADBE	C	-0.73%
MNDY	C	-0.73%
SNPS	C	-0.73%
ABBV	F	-0.71%
MSFT	C	-0.69%
LITE	B	-0.68%
HUBS	B	-0.66%
ILMN	C	-0.62%
BKNG	A	-0.61%
TMO	F	-0.6%
AFRM	B	-0.59%
NOW	A	-0.56%
CRL	C	-0.55%
GOOGL	C	-0.53%
FROG	C	-0.52%
UBER	F	-0.52%
RDDT	B	-0.51%
ABT	C	-0.5%
BSY	F	-0.49%
RGEN	C	-0.48%
IQV	F	-0.47%
MEDP	D	-0.46%
IPGP	C	-0.45%
ABNB	C	-0.45%
FCX	F	-0.41%
PI	D	-0.41%
Z	B	-0.4%
CALX	F	-0.01%