FIVG vs. SSG ETF Comparison

Comparison of Defiance Next Gen Connectivity ETF (FIVG) to ProShares UltraShort Semiconductors (SSG)

FIVG

Defiance Next Gen Connectivity ETF

FIVG Description

The investment seeks to track the total return performance, before fees and expenses, of the Bluestar 5G Communications Index (the index). The fund uses a passive management approach to track the total return performance, before fees and expenses, of the index. The index consists of a tiered, modified market capitalization-weighted portfolio of the U.S.-listed equity securities, including depositary receipts, of companies whose products or services are predominantly tied to the development of 5G networking and communication technologies. At least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.39

Average Daily Volume

48,305

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$15.93

Average Daily Volume

63,380

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FIVG	SSG
30 Days	-8.79%	27.95%
60 Days	-4.71%	-5.46%
90 Days	-4.43%	-22.17%
12 Months	16.00%	-75.91%

10 Overlapping Holdings

Symbol	Grade	Weight in FIVG	Weight in SSG	Overlap
ADI	C	2.82%	3.48%	2.82%
AMD	D	4.15%	4.48%	4.15%
AVGO	B	5.06%	9.66%	5.06%
IDCC	B	1.25%	0.15%	0.15%
INTC	F	3.39%	20.47%	3.39%
MRVL	D	1.89%	1.5%	1.5%
NVDA	B	4.93%	12.05%	4.93%
QCOM	B	4.07%	8.64%	4.07%
QRVO	C	1.5%	1.06%	1.06%
SWKS	D	1.6%	1.67%	1.6%

FIVG Overweight 39 Positions Relative to SSG

Symbol	Grade	Weight
AAPL	F	5.14%
ORCL	B	4.45%
CSCO	D	4.12%
ANET	D	2.39%
NXPI	D	2.12%
DDOG	C	1.89%
DELL	A	1.88%
KEYS	D	1.74%
NOK	D	1.59%
NTAP	B	1.59%
HPE	A	1.59%
MXL	D	1.57%
VZ	A	1.57%
MTSI	B	1.53%
DT	D	1.52%
AKAM	D	1.52%
FFIV	C	1.51%
ERIC	B	1.51%
T	B	1.51%
TMUS	B	1.48%
ARM	F	1.46%
KD	C	1.45%
JNPR	C	1.45%
AMT	D	1.44%
DOX	D	1.44%
HCP	F	1.41%
CTS	B	1.41%
CCI	D	1.4%
LSCC	F	1.38%
CRDO	F	1.36%
EQIX	D	1.36%
NTCT	F	1.32%
EXTR	F	1.31%
COHR	D	1.3%
DOCN	F	1.3%
CSGS	D	1.28%
CALX	F	1.2%
CIEN	F	1.11%
VIAV	F	1.1%

FIVG Underweight 15 Positions Relative to SSG

Symbol	Grade	Weight
TXN	D	-9.72%
MU	A	-5.04%
AMAT	B	-4.58%
LRCX	B	-3.53%
KLAC	C	-2.23%
MCHP	C	-2.06%
TER	D	-0.93%
ON	F	-0.81%
OLED	D	-0.71%
ENTG	D	-0.6%
MPWR	D	-0.58%
MKSI	D	-0.5%
SLAB	F	-0.41%
CRUS	C	-0.38%
SMTC	A	-0.29%