FTXL vs. SSG ETF Comparison

Comparison of First Trust Nasdaq Semiconductor ETF (FTXL) to ProShares UltraShort Semiconductors (SSG)

FTXL

First Trust Nasdaq Semiconductor ETF

FTXL Description

The First Trust Nasdaq Semiconductor ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Semiconductor Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Semiconductor Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Semiconductor Index.

Grade (RS Rating)

Last Trade

$86.51

Average Daily Volume

127,103

Number of Holdings ^*

31

* 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

$12.98

Average Daily Volume

71,040

Number of Holdings ^*

25

* may have additional holdings in another (foreign) market

Performance

Period	FTXL	SSG
30 Days	-4.45%	6.84%
60 Days	-5.35%	-1.89%
90 Days	7.49%	-37.34%
12 Months	44.39%	-79.82%

19 Overlapping Holdings

	Symbol	Grade	Weight in FTXL	Weight in SSG	Overlap
	ADI	A	4.22%	3.48%	3.48%
	AMAT	C	8.01%	4.58%	4.58%
	AMD	C	1.91%	4.48%	1.91%
	AVGO	C	8.14%	9.66%	8.14%
	CRUS	C	0.91%	0.38%	0.38%
	ENTG	C	2.31%	0.6%	0.6%
	INTC	F	6.67%	20.47%	6.67%
	KLAC	B	4.03%	2.23%	2.23%
	LRCX	C	3.93%	3.53%	3.53%
	MCHP	A	4.48%	2.06%	2.06%
	MPWR	C	1.9%	0.58%	0.58%
	MRVL	C	2.81%	1.5%	1.5%
	NVDA	B	8.54%	12.05%	8.54%
	ON	D	3.44%	0.81%	0.81%
	QCOM	B	8.46%	8.64%	8.46%
	QRVO	B	2.5%	1.06%	1.06%
	SWKS	B	4.01%	1.67%	1.67%
	TER	B	2.36%	0.93%	0.93%
	TXN	A	4.28%	9.72%	4.28%

FTXL Overweight 12 Positions Relative to SSG

	Symbol	Grade	Weight
	AMKR	B	3.96%
	NXPI	B	3.9%
	COHR	C	1.84%
	VSH	C	1.49%
	DIOD	B	1.12%
	LSCC	F	0.86%
	AVT	A	0.75%
	ALGM	C	0.7%
	RMBS	F	0.65%
	ONTO	B	0.63%
	FORM	B	0.52%
	ACLS	D	0.51%

FTXL Underweight 6 Positions Relative to SSG

	Symbol	Grade	Weight
	MU	A	-5.04%
	OLED	D	-0.71%
	MKSI	C	-0.5%
	SLAB	D	-0.41%
	SMTC	A	-0.29%
	IDCC	C	-0.15%

FTXL: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Electronics Distribution Scientific & Technical Instruments Semiconductor Memory

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

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