IFRA vs. SMN ETF Comparison

Comparison of iShares U.S. Infrastructure ETF (IFRA) to ProShares UltraShort Basic Materials (SMN)

IFRA

iShares U.S. Infrastructure ETF

IFRA Description

The investment seeks to track the investment results of the NYSE® FactSet U.S. Infrastructure Index (the "underlying index"), an index composed of equities of U.S. companies that have infrastructure exposure and that could benefit from a potential increase in domestic infrastructure activities. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The index is designed to measure the performance of equity securities of U.S. companies involved in U.S. focused infrastructure activities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.59

Average Daily Volume

242,397

Number of Holdings ^*

154

* may have additional holdings in another (foreign) market

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 ^*

* may have additional holdings in another (foreign) market

Performance

Period	IFRA	SMN
30 Days	7.08%	-5.54%
60 Days	5.03%	1.72%
90 Days	12.77%	-13.18%
12 Months	23.47%	-24.94%

13 Overlapping Holdings

Symbol	Grade	Weight in IFRA	Weight in SMN	Overlap
ATI	B	0.61%	0.37%	0.37%
CMC	B	0.53%	0.41%	0.41%
CRS	B	0.79%	0.35%	0.35%
EMN	A	0.57%	1.67%	0.57%
LYB	C	0.5%	3.74%	0.5%
NGVT	B	0.6%	0.55%	0.55%
NUE	D	0.45%	2.59%	0.45%
OLN	D	0.51%	0.45%	0.45%
RS	D	0.45%	1.28%	0.45%
STLD	D	0.5%	1.13%	0.5%
WLK	B	0.56%	0.39%	0.39%
WOR	D	0.47%	0.24%	0.24%
X	D	0.4%	0.28%	0.28%

IFRA Overweight 141 Positions Relative to SMN

Symbol	Grade	Weight
VST	B	1.12%
NRG	A	0.96%
NEE	B	0.91%
ETRN	C	0.86%
MGEE	A	0.86%
CEG	B	0.85%
CENX	B	0.81%
TPC	A	0.81%
D	A	0.79%
ARTNA	B	0.79%
PEG	A	0.79%
AGR	B	0.79%
SO	A	0.78%
CWT	B	0.77%
KNTK	A	0.76%
DTM	A	0.76%
AVA	B	0.76%
XEL	C	0.75%
IDA	B	0.75%
WTRG	B	0.75%
EIX	A	0.75%
EVRG	B	0.75%
DUK	A	0.75%
PNW	B	0.75%
NI	A	0.74%
OGE	A	0.74%
ETR	A	0.74%
WMB	A	0.74%
ED	A	0.74%
KMI	A	0.74%
ALE	B	0.74%
AWK	B	0.74%
PPL	A	0.74%
MSEX	C	0.74%
AWR	B	0.73%
FE	A	0.73%
USLM	B	0.73%
SRE	A	0.73%
BKH	B	0.73%
POR	B	0.73%
OGS	C	0.72%
LNT	B	0.72%
WEC	B	0.72%
CPK	B	0.72%
CNP	B	0.72%
EXC	B	0.72%
AM	A	0.72%
PCG	B	0.72%
OKE	A	0.72%
ENLC	B	0.71%
DTE	A	0.71%
AEP	A	0.71%
NWE	B	0.71%
AGX	A	0.71%
YORW	B	0.71%
CMS	A	0.71%
UTL	B	0.7%
AEE	B	0.7%
NWN	B	0.69%
PNM	C	0.69%
SR	B	0.69%
ATO	C	0.69%
SJW	C	0.69%
ES	B	0.69%
KALU	A	0.67%
SLCA	B	0.66%
UNP	C	0.64%
PRIM	B	0.62%
HE	F	0.62%
LXU	C	0.62%
MTZ	B	0.62%
LXFR	B	0.61%
GVA	A	0.61%
VMI	B	0.61%
TRN	A	0.61%
TTEK	A	0.6%
NWPX	A	0.6%
CSL	A	0.6%
AESI	B	0.6%
LPX	A	0.59%
CSX	D	0.59%
NSC	D	0.59%
APOG	A	0.58%
EME	A	0.58%
OC	A	0.58%
STRL	A	0.57%
MLI	A	0.57%
MDU	A	0.57%
ROAD	C	0.56%
NFE	F	0.56%
TEX	C	0.55%
OSK	C	0.54%
PWR	A	0.54%
MTUS	C	0.54%
HWKN	B	0.54%
FIX	B	0.53%
WMS	B	0.53%
SWX	A	0.53%
EXP	A	0.52%
ECVT	D	0.52%
FLR	D	0.52%
BLD	C	0.51%
GBX	B	0.51%
MLM	C	0.51%
GLDD	C	0.51%
KNF	B	0.51%
NVRI	D	0.5%
MATV	C	0.5%
ACM	D	0.5%
LMB	B	0.49%
APG	D	0.49%
BCC	D	0.49%
URI	C	0.49%
HAYN	D	0.49%
VMC	B	0.49%
OFLX	F	0.48%
AWI	D	0.48%
SUM	D	0.47%
ROCK	D	0.47%
NVEE	D	0.46%
AZEK	D	0.46%
TREX	D	0.46%
POOL	D	0.46%
BWMN	D	0.46%
J	D	0.46%
ASIX	F	0.45%
MTRX	D	0.45%
MYRG	D	0.45%
IIIN	D	0.45%
CLF	D	0.42%
HEES	D	0.42%
BLDR	D	0.42%
ASTE	F	0.42%
SSD	D	0.41%
BXC	D	0.4%
KOP	F	0.4%
ZEUS	F	0.39%
ALTG	F	0.38%
RYI	F	0.34%
XPEL	F	0.33%
CMP	F	0.27%

IFRA Underweight 30 Positions Relative to SMN

Symbol	Grade	Weight
LIN	D	-18.22%
APD	C	-8.28%
ECL	A	-7.77%
DD	A	-7.23%
DOW	B	-6.27%
NEM	B	-5.65%
PPG	D	-4.81%
CTVA	B	-3.36%
FCX	A	-2.96%
IFF	A	-2.28%
CE	D	-2.25%
FMC	C	-2.05%
CF	F	-1.59%
RPM	D	-1.53%
ALB	C	-1.36%
MOS	F	-1.21%
RGLD	B	-1.17%
AXTA	A	-1.0%
HUN	D	-0.74%
ASH	A	-0.73%
SMG	D	-0.7%
VVV	D	-0.64%
NEU	D	-0.55%
AA	B	-0.52%
CC	B	-0.45%
ESI	D	-0.44%
SXT	A	-0.44%
FUL	C	-0.4%
CBT	A	-0.4%
BTU	F	-0.1%

SMN: Top Represented Industries & Keywords

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