REW vs. FLQL ETF Comparison

Comparison of ProShares UltraShort Technology (REW) to Franklin LibertyQ U.S. Equity ETF (FLQL)

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

$10.26

Average Daily Volume

16,636

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLQL

Franklin LibertyQ U.S. Equity ETF

FLQL Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Large Cap Equity Index (the U.S. Large Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Large Cap underlying index. The U.S. Large Cap underlying index is based on the Russell 1000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$59.85

Average Daily Volume

76,630

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

Performance

Period	REW	FLQL
30 Days	-4.57%	2.44%
60 Days	-9.33%	3.55%
90 Days	-8.88%	4.50%
12 Months	-39.43%	31.26%

34 Overlapping Holdings

Symbol	Grade	Weight in REW	Weight in FLQL	Overlap
AAPL	C	18.06%	7.0%	7.0%
ADI	D	0.65%	0.32%	0.32%
AMAT	F	0.86%	0.96%	0.86%
ANET	C	0.18%	0.77%	0.18%
AVGO	D	1.82%	1.77%	1.77%
CACI	D	0.1%	0.09%	0.09%
CTSH	B	0.51%	0.24%	0.24%
DELL	C	0.12%	0.19%	0.12%
EBAY	D	0.41%	0.17%	0.17%
FICO	B	0.17%	0.17%	0.17%
GOOG	C	5.24%	1.73%	1.73%
GOOGL	C	5.25%	2.04%	2.04%
GRMN	B	0.21%	0.25%	0.21%
HPE	B	0.29%	0.21%	0.21%
HPQ	B	0.48%	0.29%	0.29%
IBM	C	1.82%	1.31%	1.31%
JNPR	F	0.12%	0.09%	0.09%
KLAC	D	0.42%	0.67%	0.42%
LDOS	C	0.2%	0.17%	0.17%
LRCX	F	0.66%	0.66%	0.66%
MCHP	D	0.39%	0.23%	0.23%
META	D	4.46%	2.48%	2.48%
MPWR	F	0.11%	0.09%	0.09%
MSFT	F	17.29%	5.96%	5.96%
MSI	B	0.45%	0.58%	0.45%
NTAP	C	0.21%	0.21%	0.21%
NVDA	C	2.26%	6.71%	2.26%
ORCL	B	1.77%	0.88%	0.88%
QCOM	F	1.63%	1.22%	1.22%
SNX	C	0.09%	0.09%	0.09%
SSNC	B	0.21%	0.09%	0.09%
SWKS	F	0.31%	0.09%	0.09%
TER	D	0.17%	0.08%	0.08%
TXN	C	1.83%	1.24%	1.24%

REW Overweight 54 Positions Relative to FLQL

Symbol	Grade	Weight
INTC	D	3.85%
CSCO	B	3.09%
ADBE	C	2.51%
CRM	B	2.4%
INTU	C	1.09%
MU	D	0.95%
NOW	A	0.87%
AMD	F	0.84%
ADSK	A	0.63%
WDAY	B	0.44%
PANW	C	0.35%
SNPS	B	0.34%
ANSS	B	0.34%
VRSN	F	0.33%
CDNS	B	0.31%
IAC	D	0.3%
WDC	D	0.3%
VEEV	C	0.29%
CDW	F	0.29%
MRVL	B	0.28%
FTNT	C	0.25%
AKAM	D	0.23%
PAYC	B	0.22%
TWLO	A	0.22%
SNAP	C	0.22%
STX	D	0.21%
OKTA	C	0.21%
IT	C	0.21%
RNG	B	0.21%
QRVO	F	0.2%
LUMN	C	0.2%
GDDY	A	0.19%
EPAM	C	0.19%
TYL	B	0.18%
BAH	F	0.17%
TTD	B	0.17%
DOX	D	0.15%
ON	D	0.15%
DXC	B	0.14%
GWRE	A	0.14%
AZPN	A	0.14%
OLED	D	0.13%
DOCU	A	0.13%
FFIV	B	0.12%
PTC	A	0.12%
HUBS	A	0.11%
DAY	B	0.11%
ENTG	D	0.11%
CIEN	B	0.1%
XRX	F	0.1%
LITE	B	0.09%
Z	A	0.09%
ETSY	D	0.09%
MKSI	C	0.09%

REW Underweight 176 Positions Relative to FLQL

Symbol	Grade	Weight
AMZN	C	-2.92%
MA	C	-1.79%
COST	B	-1.7%
WMT	A	-1.68%
JNJ	D	-1.55%
ABBV	D	-1.33%
LLY	F	-1.31%
ISRG	A	-1.3%
CAT	B	-1.27%
VZ	C	-1.24%
JPM	A	-1.23%
MRK	F	-1.21%
BKNG	A	-1.19%
TSLA	B	-1.13%
BRK.A	B	-1.11%
T	A	-1.07%
AMGN	D	-1.05%
C	A	-0.97%
TJX	A	-0.95%
SYK	C	-0.94%
VRTX	F	-0.92%
MO	A	-0.85%
BSX	B	-0.84%
PM	B	-0.71%
WM	A	-0.67%
TT	A	-0.65%
XOM	B	-0.63%
GS	A	-0.6%
APH	A	-0.6%
TMUS	B	-0.59%
REGN	F	-0.59%
CMG	B	-0.57%
CI	F	-0.56%
CB	C	-0.56%
MCO	B	-0.56%
PH	A	-0.52%
UNH	C	-0.52%
CL	D	-0.52%
RTX	C	-0.5%
HCA	F	-0.49%
SPG	B	-0.46%
CTAS	B	-0.46%
PCAR	B	-0.44%
APP	B	-0.42%
LMT	D	-0.4%
GD	F	-0.39%
GWW	B	-0.38%
PSA	D	-0.38%
URI	B	-0.38%
DHI	D	-0.36%
GM	B	-0.35%
HLT	A	-0.33%
FAST	B	-0.33%
RSG	A	-0.31%
LEN	D	-0.3%
SO	D	-0.29%
ELV	F	-0.28%
ACGL	D	-0.26%
CMI	A	-0.26%
HWM	A	-0.25%
AFL	B	-0.23%
SPOT	B	-0.22%
PHM	D	-0.22%
PEG	A	-0.22%
DECK	A	-0.22%
SYF	B	-0.21%
DAL	C	-0.2%
FANG	D	-0.2%
HIG	B	-0.19%
GLW	B	-0.19%
NVR	D	-0.19%
IRM	D	-0.18%
WAB	B	-0.17%
RCL	A	-0.17%
LYB	F	-0.16%
TPL	A	-0.16%
ETR	B	-0.16%
STLD	B	-0.16%
PKG	A	-0.15%
LII	A	-0.15%
CSL	C	-0.15%
TSCO	D	-0.15%
O	D	-0.15%
WSM	B	-0.15%
KMB	D	-0.14%
WSO	A	-0.13%
OC	A	-0.13%
TOL	B	-0.13%
RMD	C	-0.13%
CFG	B	-0.13%
IP	B	-0.13%
TNL	A	-0.12%
NRG	B	-0.12%
EME	C	-0.12%
AWI	A	-0.12%
RL	B	-0.12%
JEF	A	-0.12%
MAS	D	-0.12%
AYI	B	-0.12%
EVR	B	-0.12%
UTHR	C	-0.12%
FIX	A	-0.12%
ALSN	B	-0.12%
DTM	B	-0.12%
AXS	A	-0.11%
LNC	B	-0.11%
BJ	A	-0.11%
MUSA	A	-0.11%
FOXA	B	-0.11%
EXR	D	-0.11%
PPC	C	-0.11%
FOX	A	-0.11%
CW	B	-0.11%
DPZ	C	-0.11%
R	B	-0.11%
LOPE	B	-0.11%
CASY	A	-0.11%
RGA	A	-0.11%
G	B	-0.11%
CF	B	-0.11%
ESS	B	-0.11%
TXRH	C	-0.11%
JHG	A	-0.11%
THC	D	-0.11%
BBY	D	-0.11%
UGI	A	-0.1%
OHI	C	-0.1%
ROL	B	-0.1%
SCCO	F	-0.1%
K	A	-0.1%
EMN	D	-0.1%
DGX	A	-0.1%
CLH	B	-0.1%
LAMR	D	-0.1%
UHS	D	-0.1%
AVB	B	-0.1%
NFG	A	-0.1%
DVA	B	-0.1%
ADC	B	-0.1%
DKS	C	-0.1%
VICI	C	-0.1%
KRC	C	-0.1%
INGR	B	-0.1%
KEX	C	-0.1%
RGLD	C	-0.1%
EHC	B	-0.1%
CHRW	C	-0.1%
CUZ	B	-0.1%
AMCR	D	-0.09%
WU	D	-0.09%
NNN	D	-0.09%
EPR	D	-0.09%
PK	B	-0.09%
NEU	C	-0.09%
GAP	C	-0.09%
GPK	C	-0.09%
CHE	D	-0.09%
LEN	D	-0.09%
HRB	D	-0.09%
GLPI	C	-0.09%
AVT	C	-0.09%
OMC	C	-0.09%
MTG	C	-0.09%
M	D	-0.09%
HIW	D	-0.09%
APA	D	-0.08%
CRI	D	-0.08%
WING	D	-0.08%
COKE	C	-0.08%
CIVI	D	-0.08%
MEDP	D	-0.08%
DVN	F	-0.08%
CROX	D	-0.07%
OGN	D	-0.07%
CRUS	D	-0.07%
MDU	D	-0.07%