SAA vs. FMAT ETF Comparison

Comparison of ProShares Ultra SmallCap600 (SAA) to Fidelity MSCI Materials Index ETF (FMAT)

SAA

ProShares Ultra SmallCap600

SAA Description

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the S&P SmallCap 600®. 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 is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.95

Average Daily Volume

16,199

Number of Holdings ^*

577

* may have additional holdings in another (foreign) market

FMAT

Fidelity MSCI Materials Index ETF

FMAT Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials 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 Materials Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.44

Average Daily Volume

33,884

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	SAA	FMAT
30 Days	1.84%	5.09%
60 Days	-2.11%	5.69%
90 Days	16.74%	10.57%
12 Months	38.73%	24.93%

30 Overlapping Holdings

Symbol	Grade	Weight in SAA	Weight in FMAT	Overlap
AMR	D	0.13%	0.16%	0.13%
ARCH	D	0.12%	0.15%	0.12%
ASIX	B	0.04%	0.05%	0.04%
ATI	C	0.41%	0.56%	0.41%
BCPC	C	0.29%	0.4%	0.29%
CENX	C	0.04%	0.06%	0.04%
CLW	F	0.03%	0.04%	0.03%
CRS	C	0.41%	0.51%	0.41%
FUL	D	0.23%	0.31%	0.23%
HAYN	D	0.04%	0.05%	0.04%
HCC	D	0.16%	0.2%	0.16%
HWKN	B	0.12%	0.17%	0.12%
IOSP	F	0.14%	0.19%	0.14%
KALU	D	0.06%	0.08%	0.06%
KOP	F	0.04%	0.05%	0.04%
KWR	D	0.12%	0.17%	0.12%
MATV	D	0.05%	0.07%	0.05%
MP	C	0.1%	0.12%	0.1%
MTRN	D	0.12%	0.16%	0.12%
MTUS	F	0.03%	0.04%	0.03%
MTX	D	0.12%	0.17%	0.12%
MYE	F	0.03%	0.03%	0.03%
NGVT	D	0.08%	0.1%	0.08%
OI	D	0.1%	0.14%	0.1%
SCL	D	0.08%	0.12%	0.08%
SEE	C	0.27%	0.35%	0.27%
SLVM	C	0.15%	0.21%	0.15%
SXC	F	0.04%	0.05%	0.04%
SXT	B	0.17%	0.19%	0.17%
WS	D	0.07%	0.08%	0.07%

SAA Overweight 547 Positions Relative to FMAT

Symbol	Grade	Weight
ENSG	D	0.44%
MLI	B	0.42%
CMA	C	0.41%
LUMN	C	0.38%
MTH	C	0.38%
SPSC	D	0.37%
RHI	D	0.36%
GKOS	C	0.36%
JXN	B	0.35%
BMI	B	0.33%
INSP	D	0.32%
VFC	B	0.32%
ETSY	D	0.32%
NSIT	C	0.31%
EPRT	B	0.31%
CSWI	B	0.31%
MOG.A	B	0.3%
MMSI	C	0.3%
AWI	B	0.3%
COOP	C	0.3%
IBP	C	0.29%
FSS	D	0.29%
DY	C	0.29%
BCC	C	0.28%
AVAV	C	0.28%
RDN	D	0.27%
ALK	B	0.27%
ACIW	B	0.27%
LNC	C	0.27%
ZWS	B	0.26%
GPI	B	0.26%
OGN	D	0.26%
BOOT	B	0.26%
MATX	B	0.25%
ITRI	C	0.25%
MGY	D	0.25%
MARA	D	0.25%
PI	B	0.25%
SM	F	0.25%
MC	C	0.25%
VRRM	D	0.24%
ACA	B	0.24%
ABG	D	0.24%
MHO	B	0.24%
SLG	C	0.24%
AL	C	0.24%
PECO	C	0.24%
BOX	C	0.24%
CTRE	C	0.24%
ASO	D	0.23%
SIG	C	0.23%
ADMA	C	0.23%
ALKS	D	0.23%
KRYS	D	0.23%
PIPR	B	0.23%
RDNT	B	0.23%
WHD	D	0.22%
TPH	C	0.22%
RUN	D	0.22%
ITGR	C	0.22%
ICUI	C	0.22%
SFBS	C	0.21%
FELE	B	0.21%
ABCB	C	0.21%
HASI	C	0.21%
CORT	B	0.21%
SHAK	C	0.21%
MAC	B	0.2%
AEIS	D	0.2%
IAC	C	0.2%
IIPR	B	0.2%
KFY	C	0.2%
AGO	D	0.2%
KTB	B	0.2%
GTES	C	0.2%
WD	B	0.19%
LRN	B	0.19%
DXC	D	0.19%
MPW	C	0.19%
AEO	D	0.19%
BGC	D	0.19%
FTDR	B	0.19%
SEM	D	0.19%
NOG	F	0.19%
TDW	F	0.19%
CRC	C	0.19%
SANM	D	0.19%
APLE	C	0.18%
LBRT	F	0.18%
FORM	F	0.18%
EAT	C	0.18%
UCBI	B	0.18%
MSGS	B	0.18%
WDFC	C	0.18%
BXMT	C	0.18%
GVA	B	0.18%
AX	D	0.18%
IDCC	B	0.18%
PBH	C	0.18%
CVCO	B	0.18%
SKT	B	0.18%
AROC	D	0.18%
SHOO	B	0.18%
HIW	C	0.18%
GMS	C	0.18%
SMTC	C	0.18%
PLXS	B	0.18%
ESE	B	0.17%
PJT	B	0.17%
HP	F	0.17%
NMIH	C	0.17%
FULT	D	0.17%
RUSHA	C	0.17%
MGEE	C	0.17%
OTTR	F	0.17%
BRC	B	0.17%
NPO	C	0.17%
FBP	C	0.17%
SKYW	C	0.17%
AUB	D	0.17%
ACLS	F	0.17%
STEP	B	0.17%
YOU	B	0.16%
CBU	D	0.16%
CALM	B	0.16%
LCII	C	0.16%
APAM	C	0.16%
SATS	C	0.16%
CATY	C	0.16%
SITM	B	0.16%
BTU	C	0.16%
AWR	C	0.16%
TGTX	C	0.16%
CWK	B	0.16%
CWT	D	0.16%
SMPL	D	0.16%
DORM	C	0.16%
CCOI	C	0.16%
ENV	C	0.16%
ABM	D	0.16%
RXO	D	0.16%
PATK	C	0.16%
HUBG	C	0.15%
UNF	B	0.15%
GFF	C	0.15%
CRVL	B	0.15%
GNW	C	0.15%
ATGE	C	0.15%
ABR	B	0.15%
DEI	B	0.15%
FHB	D	0.15%
NWL	C	0.15%
CNK	C	0.15%
PTEN	F	0.15%
TNDM	D	0.15%
WSFS	D	0.15%
JBT	C	0.15%
LXP	C	0.15%
AVA	B	0.15%
JJSF	B	0.14%
BL	D	0.14%
OII	D	0.14%
PRFT	B	0.14%
ARCB	D	0.14%
AIN	F	0.14%
SFNC	C	0.14%
BKU	D	0.14%
ALRM	F	0.14%
CEIX	C	0.14%
PTGX	C	0.14%
FCPT	C	0.14%
CPK	B	0.14%
DIOD	F	0.14%
CCS	C	0.14%
REZI	D	0.14%
WAFD	D	0.14%
PENN	D	0.14%
TRN	C	0.14%
UFPT	D	0.13%
AAP	F	0.13%
AZZ	C	0.13%
PRGS	A	0.13%
AKR	B	0.13%
PRK	D	0.13%
DV	F	0.13%
CWEN	A	0.13%
TGNA	C	0.13%
HNI	C	0.13%
BOH	D	0.13%
GRBK	B	0.13%
PLMR	C	0.13%
TBBK	C	0.13%
INDB	D	0.13%
VIRT	C	0.13%
OUT	B	0.13%
UE	C	0.13%
DOCN	C	0.13%
CNS	B	0.13%
PLUS	B	0.13%
CARG	C	0.13%
PSMT	B	0.12%
STRA	F	0.12%
FL	F	0.12%
SBCF	D	0.12%
EPAC	B	0.12%
CPRX	C	0.12%
JOE	D	0.12%
KLIC	D	0.12%
CALX	C	0.12%
ASTH	B	0.12%
WERN	C	0.12%
AIR	D	0.12%
YELP	D	0.12%
OSIS	C	0.12%
SNEX	C	0.12%
VSTO	C	0.12%
CVBF	D	0.12%
CNMD	D	0.12%
ADUS	C	0.12%
FFBC	D	0.12%
PFS	C	0.12%
AGYS	D	0.12%
LGIH	D	0.12%
MYGN	D	0.12%
HBI	A	0.12%
PPBI	D	0.12%
PINC	D	0.11%
OFG	C	0.11%
BANR	C	0.11%
RNST	D	0.11%
BANC	C	0.11%
NATL	D	0.11%
IBTX	C	0.11%
NBTB	D	0.11%
PRG	C	0.11%
HAYW	C	0.11%
VSCO	C	0.11%
BANF	C	0.11%
ROCK	D	0.11%
GSHD	C	0.11%
NARI	F	0.11%
SXI	C	0.11%
ENVA	C	0.11%
EVTC	D	0.11%
URBN	F	0.11%
VCEL	F	0.11%
KSS	D	0.11%
SHO	C	0.11%
ZD	D	0.11%
PHIN	C	0.11%
IPAR	D	0.11%
TDS	B	0.11%
PRVA	F	0.1%
LMAT	B	0.1%
CAKE	B	0.1%
DRH	C	0.1%
ALG	D	0.1%
TTMI	D	0.1%
HI	F	0.1%
THS	C	0.1%
VIAV	C	0.1%
EXTR	C	0.1%
ENR	D	0.1%
TRMK	D	0.1%
ADNT	D	0.1%
OMCL	C	0.1%
FTRE	F	0.1%
ROIC	C	0.1%
VGR	C	0.1%
KMT	B	0.1%
NEO	F	0.1%
STC	C	0.1%
POWL	B	0.1%
PZZA	D	0.09%
LKFN	D	0.09%
CENTA	F	0.09%
HLIT	C	0.09%
PEB	D	0.09%
SUPN	D	0.09%
WGO	D	0.09%
NWBI	D	0.09%
RAMP	F	0.09%
PDCO	F	0.09%
CHCO	D	0.09%
FCF	D	0.09%
SJW	F	0.09%
MCY	C	0.09%
MLKN	F	0.09%
GEO	F	0.09%
GNL	D	0.09%
FBNC	C	0.09%
ROG	D	0.09%
LZB	C	0.09%
DFIN	D	0.09%
JBLU	C	0.09%
VSTS	D	0.09%
TNC	D	0.09%
EPC	F	0.09%
AMPH	D	0.09%
VECO	F	0.09%
B	C	0.09%
LGND	D	0.09%
FOXF	F	0.09%
KAR	D	0.09%
LEG	D	0.09%
MRCY	C	0.09%
APOG	B	0.08%
HLX	D	0.08%
HTH	D	0.08%
HOPE	D	0.08%
PLAB	D	0.08%
THRM	F	0.08%
NTCT	C	0.08%
UCTT	D	0.08%
NWN	B	0.08%
KN	D	0.08%
SONO	F	0.08%
XHR	B	0.08%
JBGS	C	0.08%
NHC	D	0.08%
NBHC	D	0.08%
GBX	D	0.08%
STAA	D	0.08%
GTY	C	0.08%
GO	F	0.08%
AMN	F	0.08%
LTC	C	0.08%
BHE	C	0.08%
STBA	D	0.08%
CABO	F	0.08%
ANDE	D	0.08%
TRIP	F	0.08%
MYRG	F	0.08%
CASH	D	0.08%
FBK	C	0.08%
WWW	A	0.07%
BKE	B	0.07%
OXM	F	0.07%
UVV	D	0.07%
NX	F	0.07%
AAT	C	0.07%
SABR	C	0.07%
KW	C	0.07%
DEA	D	0.07%
UNIT	C	0.07%
DVAX	D	0.07%
WABC	D	0.07%
SNDR	B	0.07%
CSGS	C	0.07%
RC	F	0.07%
PGNY	F	0.07%
CUBI	F	0.07%
LNN	C	0.07%
DAN	D	0.07%
PRDO	D	0.07%
HELE	D	0.07%
TALO	F	0.07%
SBH	B	0.07%
SPNT	D	0.07%
DNOW	F	0.07%
CHEF	C	0.07%
VRTS	F	0.07%
VBTX	C	0.07%
WOR	F	0.07%
TRUP	D	0.07%
ALEX	C	0.07%
HMN	C	0.07%
AMWD	C	0.07%
CXW	F	0.07%
MODG	F	0.07%
CTS	D	0.07%
OMI	D	0.06%
VSAT	F	0.06%
TILE	C	0.06%
SCSC	D	0.06%
AVNS	C	0.06%
QNST	C	0.06%
PBI	C	0.06%
ECPG	D	0.06%
AHCO	C	0.06%
CSR	D	0.06%
BHLB	C	0.06%
COHU	F	0.06%
CAL	F	0.06%
HRMY	B	0.06%
EFC	C	0.06%
MXL	D	0.06%
MSEX	C	0.06%
MGPI	F	0.06%
KLG	D	0.06%
EIG	C	0.06%
CERT	F	0.06%
XRX	D	0.06%
NVEE	F	0.06%
IART	F	0.06%
ARLO	D	0.06%
NAVI	D	0.06%
EXPI	C	0.06%
COLL	C	0.06%
SEDG	F	0.06%
SAFT	D	0.06%
ARI	F	0.06%
PMT	C	0.06%
GIII	D	0.06%
XNCR	D	0.06%
BLMN	F	0.06%
USPH	F	0.06%
LPG	F	0.06%
BLFS	D	0.05%
MD	C	0.05%
CLB	D	0.05%
BRKL	C	0.05%
VICR	C	0.05%
HCI	C	0.05%
NABL	F	0.05%
VTOL	D	0.05%
AMSF	C	0.05%
CNXN	B	0.05%
BDN	C	0.05%
CXM	F	0.05%
ICHR	D	0.05%
PDFS	D	0.05%
SBSI	D	0.05%
CBRL	D	0.05%
MMI	C	0.05%
CWEN	A	0.05%
XPEL	D	0.05%
UTL	C	0.05%
ANIP	F	0.05%
UNFI	B	0.05%
MCRI	B	0.05%
ODP	F	0.05%
FDP	C	0.05%
DCOM	C	0.05%
PFBC	D	0.05%
DGII	D	0.05%
TGI	F	0.05%
NXRT	D	0.05%
CRK	C	0.05%
MRTN	D	0.05%
ATEN	C	0.05%
PARR	F	0.05%
WOLF	F	0.05%
PLAY	D	0.05%
RWT	C	0.05%
INVA	C	0.05%
SDGR	F	0.05%
SGH	D	0.05%
CARS	F	0.05%
FIZZ	D	0.05%
HSTM	D	0.04%
HPP	F	0.04%
HAIN	C	0.04%
VIR	F	0.04%
SHEN	F	0.04%
SWI	B	0.04%
MLAB	C	0.04%
ALGT	D	0.04%
HZO	C	0.04%
FWRD	D	0.04%
BGS	D	0.04%
RGR	F	0.04%
ETH	D	0.04%
REX	D	0.04%
CFFN	D	0.04%
BSIG	C	0.04%
AXL	F	0.04%
ASTE	F	0.04%
MATW	F	0.04%
TMP	D	0.04%
PRLB	F	0.04%
PRA	C	0.04%
SPTN	C	0.04%
KREF	C	0.04%
HFWA	D	0.04%
BJRI	D	0.04%
VVI	C	0.04%
SCHL	D	0.04%
INN	B	0.04%
HSII	C	0.04%
CPF	C	0.04%
CVI	F	0.04%
SCVL	C	0.04%
HCSG	D	0.04%
SVC	F	0.04%
AHH	D	0.04%
AOSL	D	0.04%
EYE	F	0.04%
WNC	F	0.04%
SAH	D	0.04%
RCUS	D	0.04%
JBSS	F	0.04%
NVRI	D	0.04%
MNRO	C	0.04%
SSTK	F	0.04%
DLX	F	0.04%
PRAA	F	0.04%
EMBC	D	0.04%
GPRE	F	0.04%
JACK	F	0.04%
BFS	B	0.03%
LQDT	C	0.03%
SLP	F	0.03%
RGNX	F	0.03%
HTLD	F	0.03%
TR	C	0.03%
AMBC	F	0.03%
LESL	F	0.03%
RES	D	0.03%
CTKB	F	0.03%
EZPW	D	0.03%
GES	F	0.03%
IRWD	F	0.03%
HAFC	D	0.03%
CEVA	C	0.03%
UHT	C	0.03%
WSR	D	0.03%
THRY	F	0.03%
IIIN	F	0.03%
TTGT	F	0.03%
TRST	D	0.03%
GDOT	D	0.03%
NBR	F	0.03%
CHUY	C	0.03%
MCW	F	0.03%
PCRX	F	0.03%
GDEN	D	0.03%
PUMP	F	0.03%
DXPE	C	0.03%
EGBN	D	0.03%
KELYA	D	0.03%
SMP	D	0.03%
MOV	F	0.02%
CNSL	A	0.02%
CENT	F	0.02%
NPK	D	0.02%
WRLD	D	0.02%
TWI	D	0.02%
GOGO	F	0.02%
USNA	F	0.02%
FLGT	F	0.02%
HTZ	F	0.02%
CCRN	F	0.02%
UFCS	D	0.02%
SNCY	D	0.02%
PAHC	C	0.02%
CRSR	D	0.01%

SAA Underweight 80 Positions Relative to FMAT

Symbol	Grade	Weight
LIN	B	-15.85%
SHW	B	-6.37%
ECL	B	-4.51%
FCX	C	-4.47%
APD	B	-4.47%
NEM	C	-4.39%
CTVA	B	-2.8%
DOW	C	-2.54%
NUE	D	-2.45%
DD	B	-2.43%
MLM	D	-2.35%
VMC	C	-2.33%
PPG	C	-2.07%
IFF	A	-1.82%
SW	B	-1.72%
LYB	D	-1.71%
BALL	C	-1.44%
PKG	B	-1.34%
STLD	C	-1.25%
AVY	C	-1.19%
RS	D	-1.13%
IP	C	-1.12%
RPM	B	-1.11%
AMCR	B	-1.1%
CF	B	-1.04%
CE	D	-0.97%
EMN	B	-0.88%
CCK	B	-0.79%
ATR	B	-0.72%
ALB	D	-0.71%
EXP	B	-0.68%
RGLD	C	-0.66%
GPK	C	-0.65%
X	F	-0.61%
MOS	F	-0.57%
AXTA	B	-0.56%
AA	C	-0.56%
FMC	B	-0.54%
BERY	B	-0.53%
LPX	B	-0.48%
CBT	B	-0.43%
CMC	D	-0.43%
ESI	C	-0.41%
WLK	C	-0.39%
CLF	F	-0.39%
SON	D	-0.38%
OLN	D	-0.37%
SUM	D	-0.34%
KNF	C	-0.34%
AVNT	B	-0.31%
SLGN	B	-0.31%
ASH	F	-0.29%
HL	C	-0.28%
NEU	D	-0.27%
HUN	C	-0.26%
SMG	B	-0.22%
CDE	C	-0.19%
CC	D	-0.19%
PRM	B	-0.12%
ASPN	C	-0.12%
GEF	C	-0.11%
TROX	D	-0.1%
PCT	C	-0.08%
USLM	B	-0.08%
OEC	F	-0.07%
TRS	C	-0.07%
GATO	C	-0.05%
ECVT	F	-0.05%
IE	D	-0.04%
PTVE	D	-0.04%
RYI	F	-0.04%
ZEUS	F	-0.03%
LXU	D	-0.03%
CMP	D	-0.03%
RDUS	D	-0.03%
MERC	D	-0.02%
KRO	C	-0.02%
PACK	D	-0.02%
METC	F	-0.02%
GEF	C	-0.02%