RXL vs. FHEQ ETF Comparison

Comparison of ProShares Ultra Health Care (RXL) to Fidelity Hedged Equity ETF (FHEQ)

RXL

ProShares Ultra Health Care

RXL Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Health CareSM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index measures the performance of the healthcare sector of the U.S. equity market. Component companies include, among others, health care providers, biotechnology companies, medical supplies, advanced medical devices and pharmaceuticals. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.53

Average Daily Volume

6,405

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	RXL	FHEQ
30 Days	-8.49%	2.51%
60 Days	-13.53%	3.80%
90 Days	-14.84%	4.54%
12 Months	16.80%

19 Overlapping Holdings

Symbol	Grade	Weight in RXL	Weight in FHEQ	Overlap
ABBV	D	4.3%	1.0%	1.0%
AMGN	D	2.28%	0.24%	0.24%
BDX	F	0.94%	0.59%	0.59%
BIIB	F	0.34%	0.21%	0.21%
BMY	B	1.7%	0.68%	0.68%
CAH	B	0.42%	0.4%	0.4%
CI	F	1.3%	0.63%	0.63%
CVS	D	1.0%	0.22%	0.22%
GEHC	F	0.54%	0.17%	0.17%
GILD	C	1.65%	0.73%	0.73%
IDXX	F	0.5%	0.26%	0.26%
INCY	C	0.18%	0.27%	0.18%
JNJ	D	5.25%	0.61%	0.61%
LLY	F	8.9%	0.76%	0.76%
MRK	F	3.58%	0.69%	0.69%
PFE	D	2.12%	0.56%	0.56%
SOLV	C	0.13%	0.12%	0.12%
TMO	F	2.92%	0.26%	0.26%
UNH	C	7.86%	0.57%	0.57%

RXL Overweight 42 Positions Relative to FHEQ

Symbol	Grade	Weight
ABT	B	2.87%
ISRG	A	2.74%
DHR	F	2.21%
SYK	C	1.89%
BSX	B	1.85%
VRTX	F	1.79%
MDT	D	1.58%
ELV	F	1.35%
REGN	F	1.19%
MCK	B	1.14%
ZTS	D	1.14%
HCA	F	0.92%
COR	B	0.61%
EW	C	0.57%
A	D	0.55%
IQV	D	0.5%
RMD	C	0.49%
HUM	C	0.49%
CNC	D	0.44%
DXCM	D	0.43%
MTD	D	0.38%
WST	C	0.35%
ZBH	C	0.32%
WAT	B	0.32%
STE	F	0.31%
LH	C	0.29%
MOH	F	0.26%
HOLX	D	0.26%
PODD	C	0.26%
DGX	A	0.25%
BAX	D	0.23%
VTRS	A	0.22%
ALGN	D	0.22%
RVTY	F	0.21%
MRNA	F	0.19%
UHS	D	0.17%
TECH	D	0.16%
CRL	C	0.15%
CTLT	B	0.15%
TFX	F	0.13%
HSIC	B	0.12%
DVA	B	0.1%

RXL Underweight 149 Positions Relative to FHEQ

Symbol	Grade	Weight
AAPL	C	-7.31%
NVDA	C	-7.27%
MSFT	F	-5.64%
AMZN	C	-3.64%
META	D	-2.87%
BRK.A	B	-2.19%
GOOGL	C	-2.02%
JPM	A	-1.82%
GOOG	C	-1.74%
XOM	B	-1.54%
AVGO	D	-1.49%
MA	C	-1.34%
HD	A	-1.32%
TSLA	B	-1.26%
NFLX	A	-1.26%
BAC	A	-1.17%
CRM	B	-1.09%
ADBE	C	-0.93%
PM	B	-0.92%
PG	A	-0.87%
QCOM	F	-0.84%
CMCSA	B	-0.83%
WMT	A	-0.8%
CSCO	B	-0.79%
NEE	D	-0.73%
UNP	C	-0.73%
TJX	A	-0.73%
AMAT	F	-0.7%
TT	A	-0.69%
LMT	D	-0.69%
T	A	-0.67%
CTAS	B	-0.66%
PGR	A	-0.63%
ECL	D	-0.62%
SQ	B	-0.59%
CL	D	-0.58%
DIS	B	-0.57%
NOC	D	-0.56%
SCHW	B	-0.56%
SEIC	B	-0.54%
C	A	-0.54%
PYPL	B	-0.54%
KLAC	D	-0.54%
DVN	F	-0.53%
ZM	B	-0.52%
CVNA	B	-0.52%
MMC	B	-0.52%
TXT	D	-0.51%
DBX	B	-0.51%
MSCI	C	-0.49%
CMG	B	-0.49%
TRV	B	-0.49%
CAT	B	-0.48%
MU	D	-0.47%
ZBRA	B	-0.47%
V	A	-0.47%
GE	D	-0.45%
IGT	F	-0.45%
COST	B	-0.45%
ALLE	D	-0.44%
RTX	C	-0.44%
EOG	A	-0.43%
CSX	B	-0.43%
AXP	A	-0.43%
EXEL	B	-0.43%
PCAR	B	-0.42%
ALRM	C	-0.4%
WM	A	-0.38%
CME	A	-0.37%
BK	A	-0.36%
TDC	D	-0.35%
PPG	F	-0.34%
NOW	A	-0.34%
ANF	C	-0.33%
LDOS	C	-0.32%
NUE	C	-0.32%
MEDP	D	-0.31%
GRMN	B	-0.31%
CACI	D	-0.3%
TMUS	B	-0.29%
SKYW	B	-0.29%
SPGI	C	-0.28%
HWM	A	-0.27%
MSI	B	-0.26%
NSC	B	-0.26%
FTNT	C	-0.24%
AMT	D	-0.24%
BLK	C	-0.23%
TROW	B	-0.23%
LRCX	F	-0.23%
LHX	C	-0.23%
AME	A	-0.22%
MGM	D	-0.22%
MMM	D	-0.22%
XEL	A	-0.21%
RSG	A	-0.2%
GL	B	-0.2%
CLX	B	-0.2%
PSA	D	-0.19%
GAP	C	-0.18%
DOCU	A	-0.18%
HLT	A	-0.18%
VZ	C	-0.18%
LNW	D	-0.17%
FTI	A	-0.17%
ADP	B	-0.16%
WDAY	B	-0.16%
SPG	B	-0.16%
MS	A	-0.16%
PEGA	A	-0.16%
F	C	-0.15%
TPH	D	-0.15%
ETN	A	-0.15%
WFC	A	-0.15%
UBER	D	-0.14%
GEN	B	-0.13%
DASH	A	-0.12%
VEEV	C	-0.12%
CINF	A	-0.12%
NBIX	C	-0.11%
BBWI	D	-0.11%
QRVO	F	-0.11%
VST	B	-0.11%
KR	B	-0.11%
ROST	C	-0.1%
PLTK	B	-0.1%
MKL	A	-0.09%
BAH	F	-0.09%
ANET	C	-0.08%
DOC	D	-0.08%
ALL	A	-0.07%
BCC	B	-0.07%
MDLZ	F	-0.07%
L	A	-0.07%
TENB	C	-0.06%
CRUS	D	-0.06%
LYFT	C	-0.06%
BLD	D	-0.05%
UTHR	C	-0.05%
ORCL	B	-0.04%
QGEN	D	-0.04%
SCCO	F	-0.04%
LPLA	A	-0.03%
CVX	A	-0.02%
MHO	D	-0.02%
TWLO	A	-0.02%
UNM	A	-0.01%
NWL	B	-0.01%
OGE	B	-0.01%