VALQ vs. REW ETF Comparison

Comparison of American Century STOXX U.S. Quality Value ETF (VALQ) to ProShares UltraShort Technology (REW)

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$60.70

Average Daily Volume

6,383

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

REW

ProShares UltraShort Technology

REW 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. TechnologySM 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 technology sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$11.79

Average Daily Volume

41,314

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VALQ	REW
30 Days	3.17%	1.02%
60 Days	4.18%	1.04%
90 Days	6.07%	8.30%
12 Months	25.00%	-42.52%

36 Overlapping Holdings

Symbol	Grade	Weight in VALQ	Weight in REW	Overlap
AAPL	D	2.7%	18.06%	2.7%
ADBE	D	0.1%	2.51%	0.1%
ADSK	B	0.18%	0.63%	0.18%
AKAM	D	0.08%	0.23%	0.08%
AMAT	D	0.08%	0.86%	0.08%
AVGO	C	0.08%	1.82%	0.08%
CACI	B	0.09%	0.1%	0.09%
CSCO	C	0.64%	3.09%	0.64%
CTSH	B	0.8%	0.51%	0.51%
DOCU	C	0.24%	0.13%	0.13%
DOX	C	0.72%	0.15%	0.15%
EBAY	A	1.94%	0.41%	0.41%
EPAM	D	0.09%	0.19%	0.09%
FFIV	A	0.45%	0.12%	0.12%
FICO	A	0.2%	0.17%	0.17%
FTNT	B	0.09%	0.25%	0.09%
GDDY	D	0.08%	0.19%	0.08%
GOOGL	D	0.55%	5.25%	0.55%
HPE	F	0.07%	0.29%	0.07%
HPQ	D	1.68%	0.48%	0.48%
IBM	A	2.13%	1.82%	1.82%
KLAC	D	0.08%	0.42%	0.08%
LDOS	B	0.09%	0.2%	0.09%
LRCX	F	0.08%	0.66%	0.08%
META	B	0.09%	4.46%	0.09%
MSFT	C	0.27%	17.29%	0.27%
MSI	B	2.11%	0.45%	0.45%
NTAP	D	0.42%	0.21%	0.21%
QCOM	D	0.54%	1.63%	0.54%
QRVO	F	0.08%	0.2%	0.08%
SSNC	A	0.09%	0.21%	0.09%
SWKS	F	0.11%	0.31%	0.11%
TER	D	0.08%	0.17%	0.08%
TWLO	D	0.08%	0.22%	0.08%
TXN	D	1.53%	1.83%	1.53%
VRSN	D	0.09%	0.33%	0.09%

VALQ Overweight 205 Positions Relative to REW

Symbol	Grade	Weight
TEL	D	2.59%
KMB	C	2.26%
CMCSA	D	2.21%
WMT	B	2.17%
CL	C	2.12%
ABBV	B	2.09%
KO	B	2.03%
AMZN	C	2.01%
HD	B	1.9%
INGR	B	1.87%
CTAS	B	1.84%
VLTO	B	1.76%
SPG	B	1.73%
NFLX	B	1.7%
CLX	B	1.66%
ETN	C	1.59%
APH	D	1.57%
TGT	C	1.51%
JLL	B	1.5%
LYB	F	1.38%
MAS	B	1.28%
BBY	B	1.25%
UBER	C	1.23%
PG	A	1.21%
GPC	D	1.09%
MTD	D	1.05%
TOL	B	1.04%
OTIS	C	1.02%
OC	C	0.99%
ITW	B	0.89%
CAH	B	0.84%
SFM	B	0.78%
CI	B	0.77%
LECO	D	0.77%
BMY	C	0.73%
TPR	C	0.69%
PYPL	B	0.68%
SEIC	C	0.66%
NVT	D	0.61%
IVZ	C	0.61%
HRB	C	0.61%
DCI	D	0.59%
MO	C	0.58%
ALLE	A	0.57%
REYN	C	0.56%
NYT	C	0.54%
ECL	A	0.48%
MTG	B	0.45%
CBT	B	0.41%
AYI	B	0.41%
HUBB	B	0.38%
AMCR	B	0.36%
ARW	C	0.36%
G	B	0.35%
SHW	A	0.34%
DBX	D	0.34%
AZEK	C	0.32%
ZM	C	0.32%
WSM	C	0.31%
FLS	D	0.3%
NOVT	D	0.3%
SM	F	0.28%
GWW	B	0.28%
NEU	C	0.26%
FLO	C	0.26%
NSIT	C	0.25%
JBL	D	0.24%
MPC	F	0.24%
QLYS	F	0.24%
CRUS	D	0.24%
PH	B	0.23%
TT	A	0.23%
UHS	B	0.22%
COLM	B	0.21%
KR	B	0.21%
DVA	A	0.2%
LEN	B	0.19%
CAT	C	0.19%
TJX	B	0.18%
ORI	B	0.18%
IDXX	C	0.17%
SYY	C	0.17%
BRBR	C	0.17%
LAMR	A	0.17%
ROST	C	0.17%
WING	B	0.16%
JEF	B	0.16%
DPZ	D	0.16%
PPG	C	0.16%
LFUS	D	0.15%
AMKR	D	0.15%
CR	C	0.15%
ANF	D	0.14%
GAP	F	0.14%
DDS	D	0.13%
UTHR	C	0.13%
DKS	D	0.13%
EME	A	0.11%
GL	C	0.11%
EXEL	A	0.11%
ALSN	B	0.11%
MMM	A	0.11%
CAG	B	0.1%
FDX	C	0.1%
HIG	B	0.1%
RMD	B	0.1%
EXPE	C	0.1%
THC	B	0.1%
AXS	B	0.1%
LMT	B	0.1%
GILD	B	0.1%
APP	B	0.09%
AXTA	C	0.09%
BMI	A	0.09%
TXT	D	0.09%
SWK	B	0.09%
IGT	D	0.09%
KEYS	C	0.09%
DLB	D	0.09%
TRMB	C	0.09%
SNA	B	0.09%
FOXA	C	0.09%
FIZZ	F	0.09%
EA	C	0.09%
NVR	B	0.09%
BERY	B	0.09%
USFD	A	0.09%
RHI	D	0.09%
EG	B	0.09%
PHM	B	0.09%
INCY	C	0.09%
MANH	A	0.09%
BYD	C	0.09%
RL	B	0.09%
AMG	C	0.09%
EXPD	D	0.09%
RGA	B	0.09%
STT	B	0.09%
K	A	0.09%
INFA	D	0.09%
AIZ	C	0.09%
ELV	B	0.09%
TSN	C	0.09%
NTRS	B	0.09%
UNM	B	0.09%
EHC	B	0.09%
CCK	A	0.09%
CPB	B	0.09%
PKG	B	0.09%
PEGA	C	0.09%
BKNG	B	0.09%
OMC	B	0.09%
BRK.A	C	0.09%
L	C	0.09%
BK	A	0.09%
SYF	D	0.09%
TAP	C	0.09%
WTS	C	0.09%
ALL	A	0.09%
DGX	B	0.09%
POST	C	0.09%
PGR	B	0.09%
FIS	A	0.09%
JNJ	B	0.09%
GIS	B	0.09%
ALKS	C	0.09%
JKHY	A	0.09%
SAIC	B	0.09%
CROX	C	0.08%
AN	D	0.08%
PVH	D	0.08%
OMF	D	0.08%
PARA	F	0.08%
STLD	F	0.08%
CNC	C	0.08%
CMC	D	0.08%
MCK	F	0.08%
EEFT	F	0.08%
GM	C	0.08%
VMI	D	0.08%
CHTR	D	0.08%
BWA	F	0.08%
SKX	C	0.08%
TKR	D	0.08%
VLO	F	0.08%
TMHC	B	0.08%
CSL	C	0.08%
KBH	B	0.08%
JAZZ	D	0.08%
MMS	D	0.08%
ADTN	F	0.08%
MSM	D	0.08%
NXST	D	0.08%
IQV	C	0.08%
COKE	C	0.08%
TROW	D	0.08%
TXRH	D	0.08%
MLI	B	0.08%
MHK	B	0.08%
MAT	C	0.08%
AIT	C	0.08%
AOS	D	0.08%
EVR	B	0.08%
ALLY	F	0.07%
MEDP	D	0.07%

VALQ Underweight 52 Positions Relative to REW

Symbol	Grade	Weight
GOOG	D	-5.24%
INTC	F	-3.85%
CRM	D	-2.4%
NVDA	D	-2.26%
ORCL	B	-1.77%
INTU	C	-1.09%
MU	F	-0.95%
NOW	B	-0.87%
AMD	D	-0.84%
ADI	D	-0.65%
WDAY	D	-0.44%
MCHP	D	-0.39%
PANW	C	-0.35%
SNPS	D	-0.34%
ANSS	D	-0.34%
CDNS	D	-0.31%
IAC	C	-0.3%
WDC	D	-0.3%
VEEV	C	-0.29%
CDW	D	-0.29%
MRVL	C	-0.28%
PAYC	D	-0.22%
SNAP	F	-0.22%
STX	D	-0.21%
OKTA	F	-0.21%
GRMN	D	-0.21%
IT	B	-0.21%
RNG	D	-0.21%
LUMN	C	-0.2%
ANET	C	-0.18%
TYL	B	-0.18%
BAH	B	-0.17%
TTD	B	-0.17%
ON	D	-0.15%
DXC	C	-0.14%
GWRE	A	-0.14%
AZPN	C	-0.14%
OLED	C	-0.13%
DELL	D	-0.12%
JNPR	B	-0.12%
PTC	D	-0.12%
HUBS	D	-0.11%
DAY	C	-0.11%
MPWR	C	-0.11%
ENTG	D	-0.11%
CIEN	C	-0.1%
XRX	F	-0.1%
LITE	C	-0.09%
SNX	D	-0.09%
Z	B	-0.09%
ETSY	F	-0.09%
MKSI	F	-0.09%