SEF vs. FDVV ETF Comparison

Comparison of ProShares Short Financials (SEF) to Fidelity Core Dividend ETF (FDVV)

SEF

ProShares Short Financials

SEF Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.37

Average Daily Volume

40,239

Number of Holdings ^*

97

* may have additional holdings in another (foreign) market

FDVV

Fidelity Core Dividend ETF

FDVV Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Core Dividend Index. Normally investing at least 80% of assets in securities included in the Fidelity Core Dividend Index and in depository receipts representing securities included in the index. The Fidelity Core Dividend Index is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends.

Grade (RS Rating)

Last Trade

$47.32

Average Daily Volume

282,277

Number of Holdings ^*

91

* may have additional holdings in another (foreign) market

Performance

Period	SEF	FDVV
30 Days	-0.11%	1.30%
60 Days	0.13%	5.66%
90 Days	1.77%	5.94%
12 Months	-14.59%	24.03%

18 Overlapping Holdings

	Symbol	Grade	Weight in SEF	Weight in FDVV	Overlap
	BAC	B	4.46%	0.67%	0.67%
	BX	C	0.67%	0.4%	0.4%
	C	B	2.98%	0.49%	0.49%
	CCI	D	1.02%	0.88%	0.88%
	CME	D	1.25%	0.38%	0.38%
	GS	A	1.34%	0.54%	0.54%
	JPM	B	7.27%	1.0%	1.0%
	MS	B	1.19%	0.49%	0.49%
	PLD	C	1.0%	1.02%	1.0%
	PNC	C	1.13%	0.41%	0.41%
	PSA	B	0.56%	1.02%	0.56%
	SPG	C	0.76%	1.08%	0.76%
	TFC	B	1.27%	0.4%	0.4%
	USB	D	1.32%	0.37%	0.37%
	V	C	5.88%	0.74%	0.74%
	WFC	C	3.19%	0.62%	0.62%
	WPC	D	0.24%	0.84%	0.24%
	WY	F	0.39%	0.81%	0.39%

SEF Overweight 79 Positions Relative to FDVV

	Symbol	Grade	Weight
	BRK.A	C	7.56%
	MA	C	4.83%
	AMT	B	1.74%
	AXP	C	1.49%
	SPGI	B	1.22%
	CB	C	1.17%
	BLK	B	1.06%
	MMC	B	0.97%
	SCHW	D	0.93%
	ICE	A	0.91%
	EQIX	C	0.84%
	AON	C	0.83%
	COF	D	0.81%
	AIG	D	0.77%
	PGR	B	0.75%
	MCO	A	0.7%
	MET	D	0.69%
	PRU	B	0.66%
	AFL	B	0.66%
	BK	B	0.65%
	ALL	D	0.64%
	TRV	D	0.61%
	WELL	A	0.59%
	TROW	C	0.52%
	AVB	B	0.51%
	STT	C	0.5%
	SBAC	F	0.48%
	EQR	B	0.48%
	DLR	B	0.44%
	WTW	B	0.44%
	DFS	B	0.44%
	O	C	0.42%
	MSCI	C	0.4%
	CSGP	F	0.4%
	NTRS	C	0.39%
	AMP	B	0.37%
	VTR	A	0.37%
	HIG	C	0.37%
	SYF	B	0.36%
	MTB	C	0.36%
	FITB	D	0.35%
	BXP	C	0.34%
	CBRE	C	0.34%
	ESS	B	0.34%
	ARE	C	0.32%
	KEY	C	0.32%
	ACGL	C	0.31%
	CFG	B	0.3%
	DOC	B	0.3%
	AJG	A	0.3%
	INVH	A	0.28%
	MKL	D	0.28%
	RF	B	0.27%
	CINF	C	0.27%
	HBAN	D	0.26%
	MAA	C	0.26%
	PFG	D	0.25%
	MKTX	C	0.24%
	SUI	C	0.24%
	EXR	B	0.24%
	L	D	0.23%
	NLY	C	0.23%
	UDR	B	0.23%
	HST	D	0.22%
	ELS	C	0.22%
	FNF	D	0.22%
	NDAQ	C	0.21%
	RJF	D	0.2%
	LNC	C	0.2%
	EG	D	0.19%
	MPW	F	0.19%
	ALLY	B	0.19%
	EQH	B	0.19%
	GL	D	0.18%
	FDS	C	0.18%
	REG	B	0.18%
	VNO	C	0.18%
	CPT	B	0.18%
	WRB	C	0.17%

SEF Underweight 73 Positions Relative to FDVV

	Symbol	Grade	Weight
	MSFT	A	-6.17%
	NVDA	B	-6.16%
	AAPL	A	-5.9%
	AVGO	B	-2.15%
	PG	C	-2.11%
	XOM	D	-2.06%
	PM	B	-1.73%
	PEP	D	-1.69%
	CVX	D	-1.64%
	TRGP	A	-1.61%
	NEE	D	-1.61%
	GE	D	-1.6%
	MO	A	-1.59%
	CAT	D	-1.45%
	RTX	D	-1.43%
	HON	B	-1.41%
	SO	B	-1.4%
	QCOM	B	-1.38%
	LMT	C	-1.34%
	COP	D	-1.32%
	AEP	C	-1.32%
	DUK	C	-1.3%
	EOG	D	-1.29%
	DELL	C	-1.28%
	KMI	B	-1.25%
	D	C	-1.24%
	EIX	C	-1.23%
	UNP	D	-1.22%
	DVN	D	-1.22%
	ACI	F	-1.21%
	TXN	B	-1.19%
	UPS	D	-1.18%
	ES	C	-1.17%
	PCAR	D	-1.14%
	OHI	B	-1.09%
	CSCO	D	-0.99%
	IBM	B	-0.95%
	HPQ	C	-0.92%
	GLPI	B	-0.9%
	VICI	D	-0.89%
	UNH	D	-0.84%
	JNJ	F	-0.71%
	ABBV	C	-0.68%
	WBA	F	-0.66%
	PFE	C	-0.56%
	AMGN	B	-0.55%
	HD	C	-0.44%
	GILD	C	-0.44%
	BMY	F	-0.42%
	GEV	B	-0.42%
	CVS	D	-0.39%
	TJX	A	-0.33%
	GM	B	-0.3%
	MCD	F	-0.3%
	LOW	D	-0.29%
	DKS	C	-0.28%
	F	B	-0.26%
	MAR	C	-0.25%
	SBUX	F	-0.24%
	BBY	C	-0.24%
	NKE	F	-0.22%
	VZ	B	-0.17%
	T	B	-0.16%
	CMCSA	F	-0.15%
	EA	B	-0.12%
	NWSA	B	-0.12%
	OMC	D	-0.11%
	NYT	A	-0.11%
	FOXA	B	-0.11%
	NXST	B	-0.1%
	WMG	D	-0.09%
	IPG	F	-0.09%
	PARA	C	-0.08%

SEF: Top Represented Industries & Keywords

Industries: Banks - Regional - US Capital Markets REIT - Residential Insurance - Property & Casualty Asset Management Credit Services Insurance - Life Insurance - Diversified Banks - Global Insurance Brokers REIT - Diversified REIT - Healthcare Facilities REIT - Office Financial Data & Stock Exchanges REIT - Industrial REIT - Retail Real Estate Services Telecom Services Insurance - Reinsurance Insurance - Specialty

Keywords: S&P 500 Insurance Real Estate Investment Trust Bank Banking Insurance Products Investment Bank Cash Management Financial Products Investment Management Disability Real Estate Market Casualty Insurance Commercial Banking Life Insurance Investment Product Risk Management Services Actuarial Science Advisory Services Asset Management Services

FDVV: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Utilities - Regulated Electric Banks - Global REIT - Diversified Semiconductors Banks - Regional - US Broadcasting - TV Oil & Gas E&P Advertising Agencies Aerospace & Defense Auto Manufacturers Capital Markets Computer Systems Entertainment Health Care Plans Home Improvement Stores Oil & Gas Integrated Oil & Gas Midstream REIT - Industrial Restaurants

Keywords: S&P 500 Dow Jones Component Nasdaq 100 Natural Gas Telecommunications Computing Bank Crude Oil Electricity Banking Real Estate Investment Trust Broadband Cash Management Investment Bank Natural Gas Liquids Petroleum Industry Retail Store Wireless Communication Asset Management Services Clinic