REW vs. IXP ETF Comparison

Comparison of ProShares UltraShort Technology (REW) to iShares Global Telecom ETF (IXP)

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

$15.67

Average Daily Volume

16,588

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IXP

iShares Global Telecom ETF

IXP Description

The investment seeks to track the investment results of an index composed of global equities in the telecommunications sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Telecommunications Sector IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be part of the telecommunications sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$82.29

Average Daily Volume

14,207

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	REW	IXP
30 Days	14.89%	-3.07%
60 Days	17.03%	0.02%
90 Days	5.45%	5.19%
12 Months	-40.80%	29.46%

3 Overlapping Holdings

Symbol	Grade	Weight in REW	Weight in IXP	Overlap
GOOG	A	5.24%	11.92%	5.24%
GOOGL	A	5.25%	14.09%	5.25%
META	D	4.46%	21.58%	4.46%

REW Overweight 85 Positions Relative to IXP

Symbol	Grade	Weight
AAPL	F	18.06%
MSFT	C	17.29%
INTC	F	3.85%
CSCO	D	3.09%
ADBE	F	2.51%
CRM	D	2.4%
NVDA	C	2.26%
TXN	A	1.83%
AVGO	D	1.82%
IBM	D	1.82%
ORCL	D	1.77%
QCOM	C	1.63%
INTU	C	1.09%
MU	B	0.95%
NOW	D	0.87%
AMAT	D	0.86%
AMD	D	0.84%
LRCX	D	0.66%
ADI	A	0.65%
ADSK	F	0.63%
CTSH	D	0.51%
HPQ	D	0.48%
MSI	B	0.45%
WDAY	F	0.44%
KLAC	C	0.42%
EBAY	A	0.41%
MCHP	A	0.39%
PANW	B	0.35%
SNPS	D	0.34%
ANSS	D	0.34%
VRSN	F	0.33%
CDNS	D	0.31%
SWKS	F	0.31%
IAC	F	0.3%
WDC	A	0.3%
VEEV	D	0.29%
HPE	D	0.29%
CDW	D	0.29%
MRVL	D	0.28%
FTNT	D	0.25%
AKAM	F	0.23%
PAYC	F	0.22%
TWLO	C	0.22%
SNAP	A	0.22%
SSNC	C	0.21%
STX	C	0.21%
OKTA	C	0.21%
NTAP	B	0.21%
GRMN	A	0.21%
IT	D	0.21%
RNG	D	0.21%
QRVO	C	0.2%
LDOS	A	0.2%
LUMN	F	0.2%
GDDY	A	0.19%
EPAM	F	0.19%
ANET	D	0.18%
TYL	A	0.18%
BAH	B	0.17%
TTD	B	0.17%
FICO	D	0.17%
TER	A	0.17%
DOX	D	0.15%
ON	D	0.15%
DXC	F	0.14%
GWRE	D	0.14%
AZPN	D	0.14%
OLED	F	0.13%
DOCU	A	0.13%
DELL	B	0.12%
JNPR	C	0.12%
FFIV	D	0.12%
PTC	D	0.12%
HUBS	B	0.11%
DAY	F	0.11%
MPWR	C	0.11%
ENTG	D	0.11%
CIEN	D	0.1%
CACI	A	0.1%
XRX	F	0.1%
LITE	D	0.09%
SNX	A	0.09%
Z	F	0.09%
ETSY	C	0.09%
MKSI	C	0.09%

REW Underweight 22 Positions Relative to IXP

Symbol	Grade	Weight
DIS	D	-4.46%
NFLX	D	-4.17%
VZ	C	-4.11%
CMCSA	F	-3.94%
T	B	-2.91%
TMUS	A	-2.1%
EA	D	-0.76%
BIDU	C	-0.69%
CHTR	F	-0.65%
TTWO	D	-0.55%
OMC	A	-0.46%
WBD	F	-0.46%
CHT	C	-0.36%
LYV	D	-0.32%
IPG	F	-0.29%
NWSA	D	-0.23%
MTCH	F	-0.21%
FOXA	B	-0.19%
PARA	B	-0.15%
FOX	B	-0.09%
VIV	D	-0.08%
NWS	D	-0.07%