REK vs. CLSE ETF Comparison

Comparison of ProShares Short Real Estate (REK) to Convergence Long/Short Equity ETF (CLSE)

REK

ProShares Short Real Estate

REK Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. Real EstateSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$18.97

Average Daily Volume

28,588

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CLSE

Convergence Long/Short Equity ETF

CLSE Description

The investment seeks long-term capital growth. The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.

Grade (RS Rating)

Last Trade

$20.80

Average Daily Volume

44,008

Number of Holdings ^*

348

* may have additional holdings in another (foreign) market

Performance

Period	REK	CLSE
30 Days	-6.55%	2.36%
60 Days	0.87%	4.73%
90 Days	-0.19%	9.64%
12 Months	-3.73%	39.79%

10 Overlapping Holdings

Symbol	Grade	Weight in REK	Weight in CLSE	Overlap
AGNC	A	0.77%	-0.28%	-0.28%
COLD	D	0.53%	-0.1%	-0.1%
DOC	B	1.4%	-0.09%	-0.09%
EXR	C	1.13%	-0.11%	-0.11%
GLPI	C	0.72%	0.37%	0.37%
O	C	1.94%	-0.15%	-0.15%
PCH	D	0.23%	-0.1%	-0.1%
SPG	C	3.53%	0.38%	0.38%
SUI	F	1.12%	-0.09%	-0.09%
VTR	B	1.71%	-0.1%	-0.1%

REK Overweight 77 Positions Relative to CLSE

Symbol	Grade	Weight
AMT	C	8.05%
CCI	C	4.7%
PLD	F	4.64%
EQIX	D	3.91%
WELL	A	2.73%
PSA	C	2.58%
AVB	B	2.35%
EQR	B	2.24%
SBAC	F	2.21%
DLR	C	2.02%
CSGP	D	1.85%
WY	F	1.8%
ESS	B	1.59%
CBRE	C	1.59%
BXP	C	1.56%
ARE	C	1.46%
INVH	B	1.28%
MAA	C	1.19%
WPC	C	1.12%
NLY	B	1.08%
UDR	C	1.08%
HST	D	1.0%
ELS	D	1.0%
MPW	C	0.9%
VNO	F	0.83%
CPT	B	0.83%
REG	D	0.82%
VICI	C	0.76%
OHI	C	0.74%
NNN	B	0.74%
FRT	C	0.71%
IRM	B	0.7%
JLL	B	0.69%
KIM	C	0.67%
KRC	C	0.63%
LAMR	B	0.62%
AIV	C	0.61%
SLG	C	0.58%
STWD	B	0.56%
AMH	B	0.54%
DEI	C	0.54%
CUZ	B	0.48%
BRX	C	0.48%
CUBE	C	0.47%
PK	D	0.46%
HPP	F	0.45%
EPR	C	0.44%
HHH	F	0.42%
FR	F	0.42%
EGP	F	0.41%
HIW	C	0.41%
REXR	F	0.41%
BXMT	F	0.39%
RHP	D	0.37%
JBGS	F	0.37%
HR	C	0.36%
SBRA	C	0.33%
TWO	B	0.32%
OUT	D	0.32%
RYN	F	0.32%
CIM	D	0.31%
SVC	F	0.31%
EQC	C	0.31%
NHI	B	0.29%
DSS	F	0.28%
MFA	C	0.28%
APLE	F	0.26%
PEB	C	0.26%
SHO	D	0.24%
RLJ	F	0.23%
PDM	C	0.23%
BDN	C	0.22%
PGRE	C	0.22%
MAC	C	0.22%
LXP	D	0.21%
IVR	C	0.19%
XHR	C	0.18%

REK Underweight 338 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	B	-3.67%
MSFT	C	-3.35%
AMZN	C	-3.29%
GOOGL	A	-2.6%
QCOM	B	-2.44%
GOOG	A	-2.4%
META	D	-2.21%
AMAT	B	-2.16%
MU	B	-2.13%
APP	C	-2.1%
NTAP	B	-1.8%
ANET	B	-1.72%
SNX	A	-1.71%
NTNX	B	-1.67%
CRWD	C	-1.36%
WMT	A	-1.35%
IBM	D	-1.29%
PYPL	D	-1.23%
DOCU	C	-1.1%
HD	D	-1.08%
NFLX	B	-1.07%
APPF	B	-1.04%
MUSA	A	-0.96%
AAPL	B	-0.95%
STNE	D	-0.95%
PAGS	D	-0.95%
SPOT	C	-0.95%
AMG	D	-0.91%
T	B	-0.91%
SYF	C	-0.91%
COIN	D	-0.89%
PFE	D	-0.89%
JPM	B	-0.88%
SEIC	D	-0.88%
AMGN	B	-0.87%
OGN	B	-0.86%
VTRS	D	-0.86%
TW	B	-0.86%
MTG	C	-0.86%
ABBV	D	-0.85%
JNJ	D	-0.85%
LLY	B	-0.84%
HALO	B	-0.83%
MPC	D	-0.83%
UBER	D	-0.82%
MRK	B	-0.81%
PBF	D	-0.8%
IIPR	B	-0.78%
BRBR	C	-0.78%
IESC	C	-0.77%
BAC	A	-0.76%
PSX	D	-0.74%
XOM	B	-0.74%
PPC	B	-0.74%
MO	A	-0.74%
FITB	B	-0.73%
EME	C	-0.73%
PG	A	-0.73%
VLO	D	-0.73%
SMCI	D	-0.72%
WFC	B	-0.71%
TSN	B	-0.71%
BG	C	-0.71%
VRT	C	-0.7%
MCK	B	-0.69%
GFF	D	-0.68%
EBAY	B	-0.68%
F	D	-0.67%
MLI	C	-0.64%
STRL	C	-0.63%
GDDY	B	-0.62%
CNC	C	-0.62%
UMBF	B	-0.62%
ITRI	B	-0.62%
PEGA	C	-0.62%
THC	B	-0.61%
KNF	D	-0.61%
FTDR	C	-0.6%
VST	C	-0.6%
CI	D	-0.6%
OC	C	-0.59%
GM	A	-0.59%
LOPE	C	-0.58%
AGO	D	-0.58%
SKYW	C	-0.58%
NU	C	-0.56%
DVA	C	-0.56%
BLDR	D	-0.55%
PGR	D	-0.54%
GMS	D	-0.54%
BCC	D	-0.54%
AYI	B	-0.54%
HQY	D	-0.52%
CAT	D	-0.52%
PLTR	D	-0.51%
NEE	B	-0.51%
AMR	F	-0.51%
DPZ	C	-0.5%
CNM	B	-0.5%
CAH	F	-0.49%
REZI	C	-0.48%
HIG	B	-0.47%
CNA	B	-0.47%
UHS	B	-0.47%
EVRG	C	-0.46%
EXP	D	-0.46%
EXC	C	-0.45%
LDOS	A	-0.44%
HRB	B	-0.44%
RGA	A	-0.43%
SAIC	C	-0.41%
SLVM	B	-0.41%
BKNG	B	-0.41%
APA	F	-0.39%
NSA	C	-0.38%
STLD	D	-0.38%
BCO	B	-0.38%
J	D	-0.36%
GRMN	A	-0.36%
STAG	C	-0.34%
IBP	D	-0.33%
PEG	B	-0.33%
SR	C	-0.33%
CVI	F	-0.33%
KR	D	-0.32%
RS	D	-0.32%
BLD	D	-0.32%
FIX	C	-0.32%
PSTG	B	-0.31%
BAH	B	-0.31%
CVNA	C	-0.31%
WDC	B	-0.31%
FDX	D	-0.3%
RPRX	F	-0.29%
OMI	F	-0.29%
AMRX	B	-0.28%
SPGI	B	-0.28%
AMP	B	-0.26%
UNP	B	-0.24%
NEU	D	-0.24%
ANF	B	-0.23%
MGM	F	-0.21%
NTRA	A	-0.2%
DECK	C	-0.18%
LNTH	C	-0.18%
AEO	D	-0.17%
SKT	D	-0.14%
FG	C	-0.14%
FCX	B	-0.14%
MOD	C	-0.13%
PHM	B	-0.11%
DOCS	F	-0.11%
VCTR	B	-0.09%
SUM	D	-0.0%
DNUT	F	--0.05%
AWR	C	--0.06%
TROX	B	--0.07%
DRVN	F	--0.07%
HTZ	F	--0.07%
MODG	D	--0.08%
PYCR	F	--0.08%
IAS	D	--0.08%
PTCT	C	--0.08%
JOBY	F	--0.08%
JBHT	F	--0.08%
PNM	D	--0.08%
FCNCA	B	--0.08%
ENPH	D	--0.08%
HAS	C	--0.09%
PLNT	C	--0.09%
CWST	B	--0.09%
ATI	B	--0.09%
MCW	C	--0.09%
RYAN	B	--0.09%
LGIH	D	--0.09%
ACVA	C	--0.1%
CROX	B	--0.1%
AEE	C	--0.11%
CHK	B	--0.11%
AES	B	--0.11%
CHDN	C	--0.11%
RRC	B	--0.11%
DAY	F	--0.11%
WTW	D	--0.11%
VAC	D	--0.11%
TXG	F	--0.12%
KNX	F	--0.12%
LPX	B	--0.12%
MDU	C	--0.12%
ADC	C	--0.12%
BOOT	B	--0.12%
GOGL	A	--0.12%
TFC	A	--0.13%
AJG	A	--0.14%
VFC	F	--0.14%
IPAR	F	--0.14%
AXON	D	--0.15%
ZWS	C	--0.15%
KMPR	C	--0.15%
CRS	A	--0.15%
AVAV	B	--0.15%
LFST	C	--0.15%
SPR	D	--0.15%
CZR	F	--0.15%
RBA	C	--0.15%
CNXC	D	--0.16%
WTM	D	--0.16%
AXSM	C	--0.16%
CHH	D	--0.16%
KVUE	C	--0.16%
SJM	F	--0.16%
XYL	B	--0.16%
MTN	F	--0.17%
WAFD	C	--0.17%
FOXF	D	--0.17%
COF	D	--0.17%
FLNC	D	--0.17%
ARWR	F	--0.17%
HAYW	C	--0.17%
GPOR	D	--0.17%
FL	F	--0.17%
UCBI	C	--0.17%
FOUR	D	--0.18%
RUN	D	--0.18%
UHAL	C	--0.18%
GME	C	--0.18%
IOVA	D	--0.18%
ALLY	B	--0.18%
NARI	D	--0.18%
GPI	B	--0.18%
PR	D	--0.19%
GATX	B	--0.19%
SRE	B	--0.19%
DG	D	--0.19%
IRT	C	--0.19%
BE	D	--0.19%
WAL	C	--0.19%
APD	D	--0.2%
FMC	C	--0.2%
HASI	B	--0.2%
BANC	D	--0.2%
PPBI	C	--0.2%
SBCF	C	--0.2%
MP	C	--0.21%
LNC	C	--0.21%
SHC	F	--0.22%
ROG	D	--0.22%
TSLA	D	--0.22%
EQT	C	--0.22%
PRCT	C	--0.22%
NTLA	D	--0.22%
UEC	C	--0.23%
ATO	C	--0.23%
RIVN	F	--0.23%
NDAQ	C	--0.23%
IRTC	F	--0.23%
ASB	C	--0.24%
EL	F	--0.24%
SPT	F	--0.24%
FSLR	C	--0.24%
DLTR	F	--0.25%
CG	D	--0.25%
GO	F	--0.25%
EVH	F	--0.25%
ORCL	C	--0.26%
RNR	C	--0.26%
FNB	B	--0.26%
MASI	D	--0.26%
NOG	D	--0.26%
LW	F	--0.26%
KDP	B	--0.26%
CNX	B	--0.27%
TMDX	B	--0.27%
BIO	F	--0.27%
NNI	B	--0.27%
CABO	F	--0.27%
FIS	A	--0.27%
GTLS	C	--0.28%
NOVT	D	--0.28%
UI	C	--0.29%
GS	A	--0.29%
NEOG	F	--0.29%
AAP	D	--0.29%
TOST	B	--0.29%
AR	B	--0.3%
PFSI	B	--0.3%
CAR	D	--0.3%
TTWO	F	--0.3%
MS	B	--0.31%
FIVE	F	--0.32%
ALB	D	--0.32%
LAD	F	--0.33%
NXST	C	--0.34%
RVMD	B	--0.35%
BX	C	--0.35%
IBKR	B	--0.35%
FYBR	B	--0.36%
DV	F	--0.36%
CARR	B	--0.36%
GE	C	--0.37%
KMX	F	--0.37%
CFLT	C	--0.37%
D	A	--0.37%
TGNA	C	--0.38%
IAC	C	--0.39%
ZI	F	--0.4%
CRL	D	--0.41%
FIVN	F	--0.41%
MSGS	C	--0.41%
RIOT	F	--0.42%
UTHR	B	--0.42%
LBRDK	D	--0.42%
SATS	C	--0.42%
CGNX	C	--0.43%
DAR	D	--0.43%
VSAT	D	--0.43%
BILL	F	--0.44%
INSP	F	--0.44%
WBD	F	--0.45%
ASAN	D	--0.45%
MSTR	D	--0.45%
RH	C	--0.46%
BA	D	--0.47%
TXN	A	--0.47%
FND	C	--0.47%
GFS	D	--0.48%
U	F	--0.5%
TECH	C	--0.5%
MARA	C	--0.51%
LITE	D	--0.54%
ALGM	D	--0.54%
COHR	D	--0.55%
WOLF	F	--0.58%
ZBRA	B	--0.58%
KLIC	F	--0.59%
QQQ	A	--0.61%
SITM	C	--0.71%
INTC	F	--0.73%