REW vs. CLDL ETF Comparison

Comparison of ProShares UltraShort Technology (REW) to Direxion Daily Cloud Computing Bull 2X Shares (CLDL)

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

$11.59

Average Daily Volume

12,908

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CLDL

Direxion Daily Cloud Computing Bull 2X Shares

CLDL Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the the Indxx USA Cloud Computing Index. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$9.02

Average Daily Volume

12,360

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	REW	CLDL
30 Days	-9.83%	-8.05%
60 Days	-22.02%	-7.01%
90 Days	-14.94%	-21.57%
12 Months	-44.79%	12.70%

12 Overlapping Holdings

Symbol	Grade	Weight in REW	Weight in CLDL	Overlap
ADBE	C	2.51%	4.69%	2.51%
ADSK	B	0.63%	4.19%	0.63%
AKAM	F	0.23%	2.58%	0.23%
CRM	D	2.4%	3.6%	2.4%
DOCU	D	0.13%	2.04%	0.13%
NOW	B	0.87%	4.34%	0.87%
ORCL	B	1.77%	5.08%	1.77%
PAYC	F	0.22%	1.42%	0.22%
RNG	F	0.21%	0.43%	0.21%
TWLO	D	0.22%	1.78%	0.22%
VEEV	D	0.29%	3.64%	0.29%
WDAY	D	0.44%	3.56%	0.44%

REW Overweight 76 Positions Relative to CLDL

Symbol	Grade	Weight
AAPL	B	18.06%
MSFT	A	17.29%
GOOGL	A	5.25%
GOOG	A	5.24%
META	B	4.46%
INTC	F	3.85%
CSCO	C	3.09%
NVDA	C	2.26%
TXN	B	1.83%
AVGO	C	1.82%
IBM	B	1.82%
QCOM	C	1.63%
INTU	C	1.09%
MU	C	0.95%
AMAT	B	0.86%
AMD	B	0.84%
LRCX	B	0.66%
ADI	B	0.65%
CTSH	C	0.51%
HPQ	B	0.48%
MSI	A	0.45%
KLAC	B	0.42%
EBAY	B	0.41%
MCHP	D	0.39%
PANW	B	0.35%
SNPS	B	0.34%
ANSS	D	0.34%
VRSN	C	0.33%
CDNS	B	0.31%
SWKS	B	0.31%
IAC	F	0.3%
WDC	B	0.3%
HPE	B	0.29%
CDW	D	0.29%
MRVL	C	0.28%
FTNT	F	0.25%
SNAP	B	0.22%
SSNC	B	0.21%
STX	B	0.21%
OKTA	C	0.21%
NTAP	B	0.21%
GRMN	B	0.21%
IT	B	0.21%
QRVO	B	0.2%
LDOS	A	0.2%
LUMN	F	0.2%
GDDY	A	0.19%
EPAM	D	0.19%
ANET	B	0.18%
TYL	B	0.18%
BAH	B	0.17%
TTD	A	0.17%
FICO	A	0.17%
TER	B	0.17%
DOX	D	0.15%
ON	D	0.15%
DXC	C	0.14%
GWRE	A	0.14%
AZPN	D	0.14%
OLED	B	0.13%
DELL	B	0.12%
JNPR	B	0.12%
FFIV	D	0.12%
PTC	C	0.12%
HUBS	C	0.11%
DAY	F	0.11%
MPWR	B	0.11%
ENTG	B	0.11%
CIEN	D	0.1%
CACI	A	0.1%
XRX	F	0.1%
LITE	B	0.09%
SNX	C	0.09%
Z	C	0.09%
ETSY	F	0.09%
MKSI	B	0.09%

REW Underweight 37 Positions Relative to CLDL

Symbol	Grade	Weight
CRWD	A	-5.33%
SAP	A	-4.5%
MSTR	B	-4.22%
SNOW	F	-3.66%
TEAM	D	-3.65%
ZS	C	-3.07%
ZM	F	-2.63%
NTNX	C	-2.47%
SPSC	B	-1.29%
PCTY	F	-1.16%
DBX	D	-1.03%
QLYS	D	-0.95%
BILL	F	-0.92%
APPF	B	-0.88%
INFA	D	-0.74%
ACIW	A	-0.74%
BOX	D	-0.68%
WK	F	-0.66%
BLKB	D	-0.63%
AI	C	-0.56%
ALRM	D	-0.56%
FIVN	F	-0.56%
BL	D	-0.44%
FRSH	F	-0.41%
NCNO	B	-0.39%
CWAN	C	-0.35%
DOCN	F	-0.34%
EVBG	C	-0.26%
ZUO	D	-0.24%
PRO	D	-0.23%
MODN	B	-0.21%
PYCR	D	-0.16%
RDWR	D	-0.12%
VMEO	D	-0.1%
BLND	F	-0.07%
ENFN	F	-0.07%
SEMR	D	-0.05%