REW vs. FTEC ETF Comparison

Comparison of ProShares UltraShort Technology (REW) to Fidelity MSCI Information Technology Index ETF (FTEC)
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

$15.27

Average Daily Volume

16,930

Number of Holdings *

88

* may have additional holdings in another (foreign) market
FTEC

Fidelity MSCI Information Technology Index ETF

FTEC Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$146.86

Average Daily Volume

254,641

Number of Holdings *

285

* may have additional holdings in another (foreign) market
Performance
Period REW FTEC
30 Days 13.89% -6.51%
60 Days 8.74% -3.57%
90 Days 6.18% -2.42%
12 Months -44.36% 32.98%
68 Overlapping Holdings
Symbol Grade Weight in REW Weight in FTEC Overlap
AAPL F 18.06% 15.41% 15.41%
ADBE F 2.51% 1.64% 1.64%
ADI D 0.65% 0.74% 0.65%
ADSK F 0.63% 0.39% 0.39%
AKAM F 0.23% 0.15% 0.15%
AMAT D 0.86% 1.33% 0.86%
AMD D 0.84% 1.96% 0.84%
ANET D 0.18% 0.55% 0.18%
ANSS D 0.34% 0.24% 0.24%
AVGO D 1.82% 4.44% 1.82%
CDNS D 0.31% 0.64% 0.31%
CDW D 0.29% 0.27% 0.27%
CIEN F 0.1% 0.08% 0.08%
CRM D 2.4% 2.05% 2.05%
CSCO D 3.09% 1.5% 1.5%
CTSH D 0.51% 0.28% 0.28%
DELL A 0.12% 0.28% 0.12%
DOCU B 0.13% 0.12% 0.12%
DXC C 0.14% 0.06% 0.06%
ENTG D 0.11% 0.18% 0.11%
EPAM F 0.19% 0.14% 0.14%
FFIV D 0.12% 0.12% 0.12%
FICO C 0.17% 0.25% 0.17%
FTNT D 0.25% 0.34% 0.25%
GDDY A 0.19% 0.17% 0.17%
GWRE C 0.14% 0.1% 0.1%
HPE B 0.29% 0.2% 0.2%
HPQ D 0.48% 0.23% 0.23%
HUBS A 0.11% 0.26% 0.11%
IBM D 1.82% 1.26% 1.26%
INTC F 3.85% 1.16% 1.16%
INTU C 1.09% 1.31% 1.09%
IT D 0.21% 0.3% 0.21%
JNPR D 0.12% 0.12% 0.12%
KLAC D 0.42% 0.73% 0.42%
LITE F 0.09% 0.05% 0.05%
LRCX D 0.66% 0.99% 0.66%
MCHP C 0.39% 0.38% 0.38%
MKSI D 0.09% 0.09% 0.09%
MPWR D 0.11% 0.26% 0.11%
MRVL D 0.28% 0.47% 0.28%
MSFT D 17.29% 18.23% 17.29%
MSI A 0.45% 0.45% 0.45%
MU B 0.95% 1.03% 0.95%
NOW D 0.87% 1.15% 0.87%
NTAP B 0.21% 0.19% 0.19%
NVDA B 2.26% 11.81% 2.26%
OKTA D 0.21% 0.14% 0.14%
OLED F 0.13% 0.09% 0.09%
ON F 0.15% 0.24% 0.15%
ORCL D 1.77% 1.49% 1.49%
PANW C 0.35% 0.66% 0.35%
PTC C 0.12% 0.19% 0.12%
QCOM B 1.63% 1.45% 1.45%
QRVO D 0.2% 0.12% 0.12%
RNG F 0.21% 0.05% 0.05%
SNPS D 0.34% 0.65% 0.34%
SNX A 0.09% 0.11% 0.09%
STX C 0.21% 0.16% 0.16%
SWKS D 0.31% 0.15% 0.15%
TER D 0.17% 0.15% 0.15%
TWLO D 0.22% 0.11% 0.11%
TXN D 1.83% 1.15% 1.15%
TYL C 0.18% 0.16% 0.16%
VRSN F 0.33% 0.16% 0.16%
WDAY D 0.44% 0.43% 0.43%
WDC B 0.3% 0.21% 0.21%
XRX F 0.1% 0.05% 0.05%
REW Overweight 20 Positions Relative to FTEC
Symbol Grade Weight
GOOGL A 5.25%
GOOG A 5.24%
META B 4.46%
EBAY A 0.41%
IAC D 0.3%
VEEV D 0.29%
PAYC D 0.22%
SNAP C 0.22%
SSNC C 0.21%
GRMN A 0.21%
LDOS B 0.2%
LUMN D 0.2%
BAH B 0.17%
TTD D 0.17%
DOX D 0.15%
AZPN B 0.14%
DAY F 0.11%
CACI A 0.1%
Z D 0.09%
ETSY D 0.09%
REW Underweight 217 Positions Relative to FTEC
Symbol Grade Weight
ACN F -1.5%
CRWD D -0.54%
APH A -0.53%
NXPI D -0.47%
ROP C -0.45%
SMCI D -0.42%
TEL A -0.36%
SNOW F -0.35%
PLTR D -0.33%
DDOG B -0.29%
TEAM D -0.25%
NET D -0.23%
KEYS D -0.23%
MDB D -0.22%
GLW C -0.22%
MSTR B -0.21%
APP B -0.17%
TDY D -0.17%
FSLR A -0.17%
PSTG B -0.16%
JBL F -0.16%
ZS D -0.15%
ENPH D -0.15%
NTNX D -0.15%
MANH D -0.14%
ZM F -0.14%
ZBRA D -0.14%
TRMB C -0.14%
DT D -0.13%
FLEX B -0.13%
ONTO D -0.11%
BSY A -0.11%
LSCC F -0.11%
PATH F -0.09%
CGNX F -0.09%
ARW A -0.09%
COHR D -0.09%
ESTC C -0.09%
TENB D -0.08%
BILL F -0.08%
NOVT C -0.08%
DBX D -0.08%
U F -0.08%
SPSC D -0.08%
LFUS D -0.08%
QLYS B -0.08%
MTSI A -0.08%
VNT D -0.08%
FN F -0.08%
RMBS F -0.08%
PCOR D -0.08%
CVLT B -0.07%
DV F -0.07%
BLKB A -0.07%
APPF C -0.07%
GTLB C -0.07%
ITRI A -0.07%
DLB D -0.07%
S C -0.07%
IOT C -0.07%
AVT A -0.07%
BMI A -0.07%
ALTR C -0.07%
SMAR D -0.07%
KD C -0.07%
CRUS D -0.07%
VRNS C -0.07%
CFLT D -0.07%
NSIT B -0.07%
FROG C -0.06%
FRSH D -0.06%
SPT F -0.06%
PI A -0.06%
ALRM C -0.06%
KLIC F -0.06%
VSH D -0.06%
PLXS B -0.06%
BL C -0.06%
SYNA F -0.06%
CACC D -0.06%
QTWO A -0.06%
ACLS F -0.06%
AUR B -0.06%
TDC F -0.06%
SEDG F -0.06%
SANM C -0.06%
BOX C -0.06%
SMTC B -0.06%
DIOD B -0.06%
WOLF F -0.06%
CWAN D -0.06%
ACIW A -0.06%
WK F -0.06%
BDC D -0.06%
AMKR D -0.06%
AEIS F -0.06%
FIVN D -0.06%
FORM D -0.06%
POWI F -0.06%
SLAB D -0.06%
CALX F -0.05%
FSLY F -0.05%
DOCN F -0.05%
BRZE D -0.05%
VERX B -0.05%
VIAV F -0.05%
NCNO F -0.05%
AMBA F -0.05%
PDFS F -0.05%
VRNT C -0.05%
PLAB C -0.05%
MXL C -0.05%
HCP B -0.05%
ROG F -0.05%
ALGM F -0.05%
MIR A -0.05%
RAMP C -0.05%
CLSK B -0.05%
UCTT D -0.05%
PRGS D -0.05%
INFA B -0.05%
SQSP A -0.05%
PLUS B -0.05%
PEGA D -0.05%
ZETA A -0.05%
IDCC C -0.05%
AGYS A -0.05%
VECO D -0.05%
MARA D -0.05%
RPD D -0.05%
CRDO F -0.05%
OSIS A -0.05%
IPGP F -0.05%
ICHR D -0.04%
ACMR B -0.04%
NSSC B -0.04%
PRO D -0.04%
SITM F -0.04%
CTS B -0.04%
APPN B -0.04%
NTCT D -0.04%
INTA F -0.04%
CXM D -0.04%
RIOT D -0.04%
KN C -0.04%
PRFT F -0.04%
YOU F -0.04%
AI F -0.04%
EVBG A -0.04%
EXTR F -0.04%
TTMI C -0.04%
COHU F -0.04%
JAMF B -0.03%
ATEN B -0.03%
INFN C -0.03%
PDFS F -0.03%
VSAT F -0.03%
SGH F -0.03%
ARLO C -0.03%
ALKT B -0.03%
SCSC A -0.03%
BHE B -0.03%
ZUO A -0.03%
HLIT F -0.03%
DGII A -0.03%
ASAN D -0.03%
ENV A -0.03%
PWSC F -0.03%
MODN B -0.03%
PAR C -0.03%
AOSL F -0.02%
LASR F -0.02%
OLO D -0.02%
KE D -0.02%
CRSR F -0.02%
SWI C -0.02%
HCKT D -0.02%
YEXT F -0.02%
BELFB B -0.02%
GDYN F -0.02%
IBUY C -0.02%
ETWO B -0.02%
MITK B -0.02%
BASE D -0.02%
CNXN C -0.02%
SOUN D -0.02%
NABL F -0.02%
INDI F -0.02%
APPS F -0.01%
COMM F -0.01%
TWKS F -0.01%
LAW B -0.01%
APLD F -0.01%
CIFR A -0.01%
CCSI F -0.01%
DOMO F -0.01%
RBBN F -0.01%
NNBR C -0.01%
MVIS F -0.01%
AEHR F -0.01%
ENFN A -0.01%
DMRC F -0.01%
OSPN D -0.01%
MLNK D -0.01%
AMSWA F -0.01%
WEAV D -0.01%
CLFD D -0.01%
BIGC F -0.01%
NTGR C -0.01%
VPG F -0.01%
MEI F -0.01%
SEMR B -0.01%
DJCO B -0.01%
LWLG F -0.01%
AAOI F -0.01%
CEVA F -0.01%
CRNC F -0.01%
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