REW vs. IETC ETF Comparison

Comparison of ProShares UltraShort Technology (REW) to iShares Evolved U.S. Technology ETF (IETC)

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

$15.34

Average Daily Volume

16,563

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.37

Average Daily Volume

38,646

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

Performance

Period	REW	IETC
30 Days	17.43%	-6.79%
60 Days	12.45%	0.38%
90 Days	7.86%	1.48%
12 Months	-42.00%	43.62%

56 Overlapping Holdings

Symbol	Grade	Weight in REW	Weight in IETC	Overlap
AAPL	F	18.06%	2.47%	2.47%
ADBE	F	2.51%	1.11%	1.11%
ADSK	D	0.63%	0.16%	0.16%
AKAM	D	0.23%	0.17%	0.17%
AMD	D	0.84%	0.82%	0.82%
ANET	D	0.18%	0.34%	0.18%
ANSS	C	0.34%	0.4%	0.34%
AVGO	D	1.82%	9.01%	1.82%
BAH	B	0.17%	0.19%	0.17%
CACI	A	0.1%	0.12%	0.1%
CDNS	D	0.31%	1.96%	0.31%
CDW	C	0.29%	0.78%	0.29%
CRM	D	2.4%	5.29%	2.4%
CSCO	D	3.09%	2.28%	2.28%
DELL	B	0.12%	0.35%	0.12%
DXC	F	0.14%	0.04%	0.04%
EBAY	A	0.41%	0.11%	0.11%
FICO	D	0.17%	0.09%	0.09%
FTNT	D	0.25%	0.16%	0.16%
GDDY	A	0.19%	0.01%	0.01%
GOOG	A	5.24%	1.86%	1.86%
GOOGL	A	5.25%	2.18%	2.18%
HPQ	D	0.48%	0.14%	0.14%
HUBS	A	0.11%	0.14%	0.11%
IBM	C	1.82%	2.02%	1.82%
INTC	F	3.85%	0.52%	0.52%
INTU	C	1.09%	0.06%	0.06%
IT	C	0.21%	0.55%	0.21%
JNPR	C	0.12%	0.06%	0.06%
KLAC	D	0.42%	0.18%	0.18%
LRCX	D	0.66%	0.2%	0.2%
META	B	4.46%	2.31%	2.31%
MPWR	D	0.11%	0.19%	0.11%
MRVL	D	0.28%	0.88%	0.28%
MSFT	C	17.29%	10.2%	10.2%
MSI	A	0.45%	1.72%	0.45%
MU	B	0.95%	0.24%	0.24%
NOW	C	0.87%	1.55%	0.87%
NTAP	B	0.21%	0.28%	0.21%
NVDA	B	2.26%	8.26%	2.26%
OKTA	D	0.21%	0.04%	0.04%
ORCL	B	1.77%	3.54%	1.77%
PANW	C	0.35%	0.37%	0.35%
PAYC	D	0.22%	0.07%	0.07%
QCOM	B	1.63%	0.88%	0.88%
QRVO	D	0.2%	0.17%	0.17%
SNAP	D	0.22%	0.23%	0.22%
SNPS	D	0.34%	0.2%	0.2%
SSNC	B	0.21%	0.08%	0.08%
TER	D	0.17%	0.1%	0.1%
TTD	B	0.17%	0.15%	0.15%
TXN	C	1.83%	0.25%	0.25%
TYL	B	0.18%	0.43%	0.18%
VEEV	D	0.29%	0.1%	0.1%
VRSN	F	0.33%	1.19%	0.33%
WDAY	D	0.44%	0.19%	0.19%

REW Overweight 32 Positions Relative to IETC

Symbol	Grade	Weight
AMAT	B	0.86%
ADI	C	0.65%
CTSH	D	0.51%
MCHP	C	0.39%
SWKS	D	0.31%
IAC	F	0.3%
WDC	A	0.3%
HPE	B	0.29%
TWLO	D	0.22%
STX	D	0.21%
GRMN	A	0.21%
RNG	F	0.21%
LDOS	B	0.2%
LUMN	F	0.2%
EPAM	D	0.19%
DOX	D	0.15%
ON	F	0.15%
GWRE	C	0.14%
AZPN	B	0.14%
OLED	D	0.13%
DOCU	B	0.13%
FFIV	C	0.12%
PTC	C	0.12%
DAY	D	0.11%
ENTG	D	0.11%
CIEN	F	0.1%
XRX	D	0.1%
LITE	F	0.09%
SNX	A	0.09%
Z	F	0.09%
ETSY	F	0.09%
MKSI	D	0.09%

REW Underweight 94 Positions Relative to IETC

Symbol	Grade	Weight
AMZN	B	-8.17%
ACN	D	-5.4%
ICE	C	-1.41%
MANH	D	-1.1%
MA	C	-0.86%
PH	B	-0.8%
EQIX	D	-0.64%
SPGI	C	-0.63%
ADP	B	-0.59%
FDS	D	-0.58%
SNOW	F	-0.56%
V	C	-0.49%
CRWD	D	-0.46%
CSGP	D	-0.44%
NET	D	-0.41%
COIN	B	-0.41%
ZM	F	-0.37%
LMT	A	-0.37%
MCO	B	-0.28%
CPAY	A	-0.28%
FIS	A	-0.27%
BA	F	-0.26%
VRSK	D	-0.25%
CME	B	-0.24%
UBER	D	-0.24%
G	D	-0.23%
PLTR	D	-0.22%
MMC	B	-0.22%
BKNG	C	-0.21%
TTEK	A	-0.21%
QLYS	B	-0.2%
GPN	C	-0.19%
BSY	B	-0.19%
KEYS	D	-0.18%
SMCI	D	-0.18%
DASH	B	-0.17%
PINS	D	-0.17%
DDOG	D	-0.16%
PAYX	C	-0.16%
VRT	B	-0.15%
IQV	D	-0.15%
OMC	A	-0.14%
JKHY	C	-0.14%
NXPI	D	-0.13%
ABNB	C	-0.13%
SLB	D	-0.12%
SQ	D	-0.12%
NSIT	B	-0.12%
TRU	D	-0.12%
IRM	B	-0.12%
IPG	D	-0.11%
EA	D	-0.1%
ROP	B	-0.1%
MSCI	D	-0.1%
CFLT	F	-0.1%
ASGN	B	-0.09%
TRMB	C	-0.09%
A	D	-0.09%
AON	D	-0.09%
PSTG	B	-0.08%
DLR	C	-0.07%
FBIN	D	-0.07%
BR	C	-0.07%
NDAQ	A	-0.07%
SLAB	F	-0.07%
ROK	D	-0.07%
CPNG	A	-0.06%
BBY	B	-0.06%
J	C	-0.06%
TDY	D	-0.05%
MMS	B	-0.05%
SAIC	C	-0.05%
LPLA	B	-0.05%
ENPH	F	-0.04%
APPN	D	-0.04%
CL	A	-0.04%
DOCN	F	-0.04%
ILMN	F	-0.04%
MRCY	F	-0.03%
XYL	A	-0.03%
RBLX	F	-0.03%
AMRC	F	-0.03%
ZI	F	-0.03%
BILL	F	-0.03%
APTV	F	-0.02%
ROL	C	-0.02%
GLW	B	-0.02%
SEE	F	-0.02%
RIVN	F	-0.01%
TEAM	D	-0.01%
TOST	D	-0.01%
SMAR	D	-0.01%
ALGN	D	-0.0%
FTV	C	-0.0%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Capital Markets Computer Systems Diversified Industrials Scientific & Technical Instruments Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Engineering & Construction Financial Data & Stock Exchanges Specialty Retail Advertising Agencies Aerospace & Defense Credit Services Data Storage