SSG vs. SMHX ETF Comparison

Comparison of ProShares UltraShort Semiconductors (SSG) to VanEck Fabless Semiconductor ETF (SMHX)

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

$5.86

Average Daily Volume

175,092

Number of Holdings ^*

25

* may have additional holdings in another (foreign) market

SMHX

VanEck Fabless Semiconductor ETF

SMHX Description

The fund normally invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The Fabless Index is composed of U.S.-listed common stocks of companies that derive at least 50% of their revenues from the semiconductor industry and operate as fabless semiconductor companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.19

Average Daily Volume

25,510

Number of Holdings ^*

21

* may have additional holdings in another (foreign) market

Performance

Period	SSG	SMHX
30 Days	-12.41%	4.03%
60 Days	-16.85%	3.79%
90 Days	-34.99%
12 Months	-83.80%

9 Overlapping Holdings

	Symbol	Grade	Weight in SSG	Weight in SMHX	Overlap
	AMD	F	4.48%	4.69%	4.48%
	AVGO	B	9.66%	15.47%	9.66%
	CRUS	F	0.38%	3.64%	0.38%
	MPWR	F	0.58%	4.13%	0.58%
	MRVL	A	1.5%	4.32%	1.5%
	NVDA	B	12.05%	21.07%	12.05%
	QCOM	D	8.64%	4.62%	4.62%
	SLAB	F	0.41%	2.11%	0.41%
	SMTC	B	0.29%	1.31%	0.29%

SSG Overweight 16 Positions Relative to SMHX

	Symbol	Grade	Weight
	INTC	C	20.47%
	TXN	A	9.72%
	MU	C	5.04%
	AMAT	F	4.58%
	LRCX	F	3.53%
	ADI	C	3.48%
	KLAC	F	2.23%
	MCHP	F	2.06%
	SWKS	F	1.67%
	QRVO	F	1.06%
	TER	F	0.93%
	ON	D	0.81%
	OLED	F	0.71%
	ENTG	D	0.6%
	MKSI	F	0.5%
	IDCC	A	0.15%

SSG Underweight 12 Positions Relative to SMHX

	Symbol	Grade	Weight
	SNPS	B	-4.7%
	ARM	B	-4.46%
	CDNS	C	-4.03%
	PI	C	-3.45%
	LSCC	C	-2.95%
	RMBS	C	-2.92%
	POWI	C	-2.36%
	AMBA	B	-1.66%
	ALGM	F	-1.62%
	SIMO	F	-1.62%
	SYNA	F	-1.43%
	SITM	B	-1.26%

SSG: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Scientific & Technical Instruments Semiconductor Memory Telecom Services

Keywords: S&P 500 Nasdaq 100 Semiconductor Integrated Circuits Fabless Semiconductor Companies Electronics Computing Power Management Electronic Engineering Smartphones Semiconductor Device Fabrication Semiconductor Devices Aerospace Consumer Electronics Design Manufacturers Electrical Engineering Electromagnetism Electronic Devices Flash Mobile Devices

SMHX: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Electronic Components Semiconductor Equipment & Materials Semiconductor Memory

Keywords: Fabless Semiconductor Companies Integrated Circuits Semiconductor Nasdaq 100 Electronic Engineering S&P 500 Electronics Computing Consumer Electronics Design Manufacturers Electrical Engineering Ethernet Mobile Devices Smartphones Camera Communications Products Consumer Applications Electromagnetism Modem Notebook Computer