SMN vs. IVEG ETF Comparison

Comparison of ProShares UltraShort Basic Materials (SMN) to iShares Emergent Food and AgTech Multisector ETF (IVEG)

SMN

ProShares UltraShort Basic Materials

SMN 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. Basic MaterialsSM 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 basic materials sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$7.19

Average Daily Volume

4,523

Number of Holdings ^*

43

* may have additional holdings in another (foreign) market

IVEG

iShares Emergent Food and AgTech Multisector ETF

IVEG Description

The fund invests at least 80% of its assets in the securities of its index and in investments that have economic characteristics that are substantially identical to the securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$20.23

Average Daily Volume

1,385

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

Performance

Period	SMN	IVEG
30 Days	-5.54%	5.90%
60 Days	1.72%	1.00%
90 Days	-13.18%	6.20%
12 Months	-24.94%	4.28%

6 Overlapping Holdings

	Symbol	Grade	Weight in SMN	Weight in IVEG	Overlap
	CF	F	1.59%	3.76%	1.59%
	CTVA	B	3.36%	4.71%	3.36%
	ECL	A	7.77%	4.51%	4.51%
	FMC	C	2.05%	2.79%	2.05%
	IFF	A	2.28%	4.83%	2.28%
	MOS	F	1.21%	3.2%	1.21%

SMN Overweight 37 Positions Relative to IVEG

	Symbol	Grade	Weight
	LIN	D	18.22%
	APD	C	8.28%
	DD	A	7.23%
	DOW	B	6.27%
	NEM	B	5.65%
	PPG	D	4.81%
	LYB	C	3.74%
	FCX	A	2.96%
	NUE	D	2.59%
	CE	D	2.25%
	EMN	A	1.67%
	RPM	D	1.53%
	ALB	C	1.36%
	RS	D	1.28%
	RGLD	B	1.17%
	STLD	D	1.13%
	AXTA	A	1.0%
	HUN	D	0.74%
	ASH	A	0.73%
	SMG	D	0.7%
	VVV	D	0.64%
	NGVT	B	0.55%
	NEU	D	0.55%
	AA	B	0.52%
	OLN	D	0.45%
	CC	B	0.45%
	ESI	D	0.44%
	SXT	A	0.44%
	CMC	B	0.41%
	FUL	C	0.4%
	CBT	A	0.4%
	WLK	B	0.39%
	ATI	B	0.37%
	CRS	B	0.35%
	X	D	0.28%
	WOR	D	0.24%
	BTU	F	0.1%

SMN Underweight 13 Positions Relative to IVEG

	Symbol	Grade	Weight
	WRK	A	-4.75%
	TRMB	D	-4.53%
	WAT	C	-4.51%
	K	B	-4.2%
	PKG	D	-4.11%
	IP	B	-4.1%
	DE	B	-4.05%
	CNHI	D	-3.82%
	AGCO	D	-2.43%
	SEE	B	-1.88%
	EXPO	B	-1.63%
	NEOG	F	-0.99%
	SHC	F	-0.43%

SMN: Top Represented Industries & Keywords

Industries: Specialty Chemicals Chemicals Steel Agricultural Inputs Gold Metal Fabrication Aluminum Coal Copper Oil & Gas Refining & Marketing

Keywords: S&P 500 Chemical Metals Mining Steel Adhesives Electronics Plastic Alloys Textiles Aerospace Building Materials Chemical Substances Polymers Thermoplastic Titanium Chemical Process Chemical Product Commodity Chemicals Hydrogen

IVEG: Top Represented Industries & Keywords

Industries: Agricultural Inputs Packaging & Containers Diagnostics & Research Farm & Construction Equipment Specialty Chemicals Business Services Packaged Foods Scientific & Technical Instruments

Keywords: S&P 500 Chemical Food Safety Construction Equipment Cotton Crops Detergent Forage Equipment Loader Pharmaceutical Phosphates Sprayer Agricultural Equipment Agriculture Animal Feed Backhoe Baler Chemical Process Chemical Processing Civil Engineering