SEF vs. FTXO ETF Comparison

Comparison of ProShares Short Financials (SEF) to First Trust Nasdaq Bank ETF (FTXO)

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

$34.02

Average Daily Volume

11,256

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTXO

First Trust Nasdaq Bank ETF

FTXO Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq US Smart Banks Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.28

Average Daily Volume

51,109

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SEF	FTXO
30 Days	-8.55%	17.04%
60 Days	-11.18%	22.45%
90 Days	-11.43%	21.87%
12 Months	-26.95%	66.17%

12 Overlapping Holdings

Symbol	Grade	Weight in SEF	Weight in FTXO	Overlap
BAC	A	4.46%	7.89%	4.46%
C	A	2.98%	7.61%	2.98%
CFG	B	0.3%	3.74%	0.3%
FITB	B	0.35%	3.48%	0.35%
HBAN	B	0.26%	3.72%	0.26%
JPM	B	7.27%	7.48%	7.27%
KEY	A	0.32%	2.54%	0.32%
MTB	B	0.36%	4.33%	0.36%
PNC	A	1.13%	3.85%	1.13%
RF	B	0.27%	3.32%	0.27%
USB	A	1.32%	7.5%	1.32%
WFC	A	3.19%	8.79%	3.19%

SEF Overweight 85 Positions Relative to FTXO

Symbol	Grade	Weight
BRK.A	B	7.56%
V	A	5.88%
MA	B	4.83%
AMT	D	1.74%
AXP	A	1.49%
GS	B	1.34%
TFC	B	1.27%
CME	A	1.25%
SPGI	C	1.22%
MS	B	1.19%
CB	D	1.17%
BLK	C	1.06%
CCI	D	1.02%
PLD	D	1.0%
MMC	A	0.97%
SCHW	A	0.93%
ICE	D	0.91%
EQIX	A	0.84%
AON	A	0.83%
COF	B	0.81%
AIG	B	0.77%
SPG	C	0.76%
PGR	A	0.75%
MCO	A	0.7%
MET	A	0.69%
BX	B	0.67%
PRU	A	0.66%
AFL	B	0.66%
BK	A	0.65%
ALL	B	0.64%
TRV	B	0.61%
WELL	C	0.59%
PSA	C	0.56%
TROW	A	0.52%
AVB	B	0.51%
STT	A	0.5%
SBAC	D	0.48%
EQR	B	0.48%
DLR	A	0.44%
WTW	B	0.44%
DFS	B	0.44%
O	D	0.42%
MSCI	C	0.4%
CSGP	C	0.4%
WY	D	0.39%
NTRS	A	0.39%
AMP	B	0.37%
VTR	D	0.37%
HIG	B	0.37%
SYF	A	0.36%
BXP	D	0.34%
CBRE	B	0.34%
ESS	B	0.34%
ARE	D	0.32%
ACGL	D	0.31%
DOC	C	0.3%
AJG	A	0.3%
INVH	D	0.28%
MKL	A	0.28%
CINF	A	0.27%
MAA	B	0.26%
PFG	C	0.25%
MKTX	D	0.24%
WPC	D	0.24%
SUI	D	0.24%
EXR	C	0.24%
L	B	0.23%
NLY	B	0.23%
UDR	B	0.23%
HST	C	0.22%
ELS	C	0.22%
FNF	B	0.22%
NDAQ	A	0.21%
RJF	A	0.2%
LNC	B	0.2%
EG	C	0.19%
MPW	F	0.19%
ALLY	C	0.19%
EQH	B	0.19%
GL	C	0.18%
FDS	B	0.18%
REG	B	0.18%
VNO	B	0.18%
CPT	B	0.18%
WRB	A	0.17%

SEF Underweight 38 Positions Relative to FTXO

Symbol	Grade	Weight
FCNCA	B	-3.89%
WBS	B	-1.98%
FHN	B	-1.91%
EWBC	B	-1.64%
PB	B	-1.48%
PNFP	B	-1.33%
WAL	B	-1.19%
WTFC	B	-1.13%
ZION	B	-1.13%
COLB	B	-1.12%
SSB	B	-1.12%
ONB	B	-1.06%
BOKF	B	-1.05%
SNV	B	-1.03%
OZK	B	-0.99%
UBSI	B	-0.95%
BPOP	B	-0.91%
CFR	B	-0.82%
HOMB	B	-0.78%
HWC	B	-0.76%
ABCB	B	-0.71%
UMBF	B	-0.68%
CBSH	B	-0.61%
CATY	B	-0.59%
BKU	B	-0.52%
FULT	B	-0.52%
BANF	B	-0.51%
SFBS	B	-0.51%
IBOC	B	-0.51%
AX	B	-0.51%
WSFS	B	-0.49%
CBU	B	-0.49%
FFIN	B	-0.49%
PRK	B	-0.48%
FFBC	B	-0.48%
TBBK	B	-0.47%
FBP	B	-0.43%
WAFD	B	-0.43%