IGV vs. REW ETF Comparison

Comparison of iShares Expanded Tech-Software Sector ETF (IGV) to ProShares UltraShort Technology (REW)

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$105.06

Average Daily Volume

3,654,633

Number of Holdings ^*

109

* 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

$10.22

Average Daily Volume

15,685

Number of Holdings ^*

88

* may have additional holdings in another (foreign) market

Performance

Period	IGV	REW
30 Days	11.95%	0.82%
60 Days	15.82%	-7.04%
90 Days	20.30%	-9.52%
12 Months	36.11%	-38.48%

22 Overlapping Holdings

	Symbol	Grade	Weight in IGV	Weight in REW	Overlap
	ADBE	D	6.5%	2.51%	2.51%
	ADSK	A	2.31%	0.63%	0.63%
	ANSS	B	1.04%	0.34%	0.34%
	AZPN	A	0.23%	0.14%	0.14%
	CDNS	B	2.91%	0.31%	0.31%
	CRM	B	9.42%	2.4%	2.4%
	DOCU	B	0.58%	0.13%	0.13%
	FICO	A	1.99%	0.17%	0.17%
	FTNT	B	2.1%	0.25%	0.25%
	GWRE	A	0.57%	0.14%	0.14%
	HUBS	A	1.25%	0.11%	0.11%
	INTU	B	4.13%	1.09%	1.09%
	MSFT	D	7.19%	17.29%	7.19%
	NOW	B	7.13%	0.87%	0.87%
	ORCL	A	8.34%	1.77%	1.77%
	PANW	A	4.35%	0.35%	0.35%
	PTC	B	0.8%	0.12%	0.12%
	RNG	C	0.11%	0.21%	0.11%
	SNAP	D	0.4%	0.22%	0.22%
	SNPS	C	2.94%	0.34%	0.34%
	TYL	B	0.92%	0.18%	0.18%
	WDAY	C	2.02%	0.44%	0.44%

IGV Overweight 87 Positions Relative to REW

	Symbol	Grade	Weight
	PLTR	B	4.17%
	CRWD	B	2.79%
	APP	B	2.13%
	ROP	C	2.12%
	MSTR	B	2.0%
	DDOG	A	1.43%
	TEAM	B	1.39%
	EA	A	1.38%
	TTWO	A	1.04%
	ZM	B	0.76%
	ZS	C	0.68%
	NTNX	B	0.61%
	MANH	D	0.6%
	GEN	B	0.57%
	DT	D	0.56%
	IOT	A	0.36%
	BILL	A	0.3%
	S	C	0.28%
	PCOR	C	0.27%
	ESTC	C	0.27%
	SMAR	A	0.27%
	BSY	D	0.26%
	CVLT	A	0.26%
	GTLB	B	0.25%
	CFLT	B	0.25%
	DBX	C	0.23%
	SPSC	D	0.23%
	MARA	B	0.22%
	ALTR	B	0.22%
	VRNS	D	0.21%
	QTWO	A	0.21%
	CWAN	B	0.2%
	PATH	C	0.2%
	ACIW	B	0.2%
	AUR	C	0.19%
	APPF	C	0.19%
	U	C	0.19%
	QLYS	C	0.19%
	HCP	B	0.18%
	WK	C	0.17%
	CCCS	B	0.17%
	TENB	D	0.17%
	BOX	B	0.17%
	IDCC	B	0.16%
	DLB	B	0.15%
	PEGA	B	0.14%
	NCNO	B	0.13%
	BLKB	C	0.12%
	CLSK	C	0.12%
	ZETA	D	0.12%
	BL	C	0.11%
	RIOT	C	0.11%
	INTA	A	0.1%
	DV	C	0.1%
	TDC	D	0.1%
	PRGS	B	0.1%
	AI	B	0.1%
	FIVN	C	0.1%
	FRSH	C	0.1%
	ALRM	C	0.1%
	YOU	D	0.09%
	VERX	A	0.09%
	RPD	C	0.09%
	ENV	B	0.09%
	AGYS	A	0.09%
	BRZE	C	0.08%
	ALKT	B	0.08%
	PD	C	0.07%
	RAMP	C	0.07%
	VYX	B	0.07%
	AVPT	A	0.06%
	MTTR	B	0.05%
	ZUO	B	0.05%
	SPT	C	0.05%
	VRNT	D	0.05%
	APPN	C	0.05%
	PRO	C	0.04%
	ASAN	C	0.04%
	ATEN	A	0.04%
	ADEA	D	0.04%
	SWI	B	0.03%
	NABL	F	0.03%
	CXM	C	0.03%
	JAMF	F	0.03%
	SEMR	C	0.02%
	MLNK	C	0.02%
	ETWO	F	0.02%

IGV Underweight 66 Positions Relative to REW

	Symbol	Grade	Weight
	AAPL	C	-18.06%
	GOOGL	B	-5.25%
	GOOG	B	-5.24%
	META	C	-4.46%
	INTC	C	-3.85%
	CSCO	B	-3.09%
	NVDA	A	-2.26%
	TXN	C	-1.83%
	AVGO	D	-1.82%
	IBM	C	-1.82%
	QCOM	F	-1.63%
	MU	D	-0.95%
	AMAT	F	-0.86%
	AMD	F	-0.84%
	LRCX	F	-0.66%
	ADI	D	-0.65%
	CTSH	B	-0.51%
	HPQ	B	-0.48%
	MSI	A	-0.45%
	KLAC	F	-0.42%
	EBAY	D	-0.41%
	MCHP	F	-0.39%
	VRSN	D	-0.33%
	SWKS	F	-0.31%
	IAC	D	-0.3%
	WDC	F	-0.3%
	VEEV	C	-0.29%
	HPE	B	-0.29%
	CDW	F	-0.29%
	MRVL	B	-0.28%
	AKAM	F	-0.23%
	PAYC	B	-0.22%
	TWLO	A	-0.22%
	SSNC	C	-0.21%
	STX	D	-0.21%
	OKTA	D	-0.21%
	NTAP	C	-0.21%
	GRMN	B	-0.21%
	IT	C	-0.21%
	QRVO	F	-0.2%
	LDOS	C	-0.2%
	LUMN	C	-0.2%
	GDDY	A	-0.19%
	EPAM	C	-0.19%
	ANET	D	-0.18%
	BAH	F	-0.17%
	TTD	B	-0.17%
	TER	F	-0.17%
	DOX	D	-0.15%
	ON	F	-0.15%
	DXC	C	-0.14%
	OLED	F	-0.13%
	DELL	C	-0.12%
	JNPR	D	-0.12%
	FFIV	A	-0.12%
	DAY	B	-0.11%
	MPWR	F	-0.11%
	ENTG	F	-0.11%
	CIEN	B	-0.1%
	CACI	D	-0.1%
	XRX	F	-0.1%
	LITE	B	-0.09%
	SNX	C	-0.09%
	Z	A	-0.09%
	ETSY	D	-0.09%
	MKSI	C	-0.09%

IGV: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Information Technology Services Telecom Services Capital Markets Electronic Gaming & Multimedia Business Services Data Storage Diversified Industrials Internet Content & Information Media - Diversified Semiconductor Equipment & Materials

Keywords: Computing S&P 500 Software Software As A Service Nasdaq 100 Cloud Computing Work From Home Information Technology Management Cloud Infrastructure Business Intelligence Computer Security Software Platform CRM Telecommunications Artificial Intelligence Business Process Management Customer Relationship Management Cybersecurity Web Application Cloud Applications

REW: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Information Technology Services Software - Infrastructure Internet Content & Information Communication Equipment Semiconductor Equipment & Materials Computer Systems Data Storage Business Services Scientific & Technical Instruments Specialty Retail Consumer Electronics Health Information Services Real Estate Services Semiconductor Memory Telecom Services

Keywords: S&P 500 Nasdaq 100 Computing Semiconductor Work From Home Cloud Computing Integrated Circuits Mobile Devices Software Software As A Service Cloud Infrastructure Smartphones Electronics Operating System Telecommunications Ethernet Dow Jones Component Cloud Applications Computer Network Computer Networking