SEF vs. IYF ETF Comparison

Comparison of ProShares Short Financials (SEF) to iShares U.S. Financial ETF (IYF)

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

IYF

iShares U.S. Financial ETF

IYF Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial 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 Dow Jones U.S. Financials Index (the "underlying index"), which measures the performance of the financial sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$118.61

Average Daily Volume

283,110

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

Performance

Period	SEF	IYF
30 Days	-8.55%	10.61%
60 Days	-11.18%	14.92%
90 Days	-11.43%	15.60%
12 Months	-26.95%	51.44%

60 Overlapping Holdings

Symbol	Grade	Weight in SEF	Weight in IYF	Overlap
ACGL	D	0.31%	0.61%	0.31%
AFL	B	0.66%	1.04%	0.66%
AIG	B	0.77%	0.82%	0.77%
AJG	A	0.3%	1.07%	0.3%
ALL	B	0.64%	0.86%	0.64%
ALLY	C	0.19%	0.17%	0.17%
AMP	B	0.37%	0.94%	0.37%
AON	A	0.83%	1.24%	0.83%
BAC	A	4.46%	4.69%	4.46%
BK	A	0.65%	0.97%	0.65%
BLK	C	1.06%	2.59%	1.06%
BRK.A	B	7.56%	11.69%	7.56%
BX	B	0.67%	2.14%	0.67%
C	A	2.98%	2.2%	2.2%
CB	D	1.17%	1.95%	1.17%
CFG	B	0.3%	0.35%	0.3%
CINF	A	0.27%	0.39%	0.27%
CME	A	1.25%	1.35%	1.25%
DFS	B	0.44%	0.74%	0.44%
EG	C	0.19%	0.27%	0.19%
EQH	B	0.19%	0.2%	0.19%
FDS	B	0.18%	0.31%	0.18%
FITB	B	0.35%	0.54%	0.35%
FNF	B	0.22%	0.25%	0.22%
GL	C	0.18%	0.17%	0.17%
GS	B	1.34%	3.13%	1.34%
HBAN	B	0.26%	0.43%	0.26%
HIG	B	0.37%	0.58%	0.37%
ICE	D	0.91%	1.48%	0.91%
JPM	B	7.27%	9.82%	7.27%
KEY	A	0.32%	0.3%	0.3%
L	B	0.23%	0.26%	0.23%
LNC	B	0.2%	0.07%	0.07%
MCO	A	0.7%	1.25%	0.7%
MET	A	0.69%	0.82%	0.69%
MKL	A	0.28%	0.37%	0.28%
MKTX	D	0.24%	0.16%	0.16%
MMC	A	0.97%	1.83%	0.97%
MS	B	1.19%	2.6%	1.19%
MSCI	C	0.4%	0.76%	0.4%
MTB	B	0.36%	0.6%	0.36%
NDAQ	A	0.21%	0.54%	0.21%
NLY	B	0.23%	0.17%	0.17%
NTRS	A	0.39%	0.36%	0.36%
PFG	C	0.25%	0.33%	0.25%
PGR	A	0.75%	2.5%	0.75%
PNC	A	1.13%	1.38%	1.13%
PRU	A	0.66%	0.77%	0.66%
RF	B	0.27%	0.41%	0.27%
RJF	A	0.2%	0.51%	0.2%
SCHW	A	0.93%	2.01%	0.93%
SPGI	C	1.22%	2.63%	1.22%
STT	A	0.5%	0.48%	0.48%
TFC	B	1.27%	1.04%	1.04%
TROW	A	0.52%	0.44%	0.44%
TRV	B	0.61%	1.0%	0.61%
USB	A	1.32%	1.3%	1.3%
WFC	A	3.19%	4.36%	3.19%
WRB	A	0.17%	0.3%	0.17%
WTW	B	0.44%	0.53%	0.44%

SEF Overweight 37 Positions Relative to IYF

Symbol	Grade	Weight
V	A	5.88%
MA	B	4.83%
AMT	D	1.74%
AXP	A	1.49%
CCI	D	1.02%
PLD	D	1.0%
EQIX	A	0.84%
COF	B	0.81%
SPG	C	0.76%
WELL	C	0.59%
PSA	C	0.56%
AVB	B	0.51%
SBAC	D	0.48%
EQR	B	0.48%
DLR	A	0.44%
O	D	0.42%
CSGP	C	0.4%
WY	D	0.39%
VTR	D	0.37%
SYF	A	0.36%
BXP	D	0.34%
CBRE	B	0.34%
ESS	B	0.34%
ARE	D	0.32%
DOC	C	0.3%
INVH	D	0.28%
MAA	B	0.26%
WPC	D	0.24%
SUI	D	0.24%
EXR	C	0.24%
UDR	B	0.23%
HST	C	0.22%
ELS	C	0.22%
MPW	F	0.19%
REG	B	0.18%
VNO	B	0.18%
CPT	B	0.18%

SEF Underweight 75 Positions Relative to IYF

Symbol	Grade	Weight
KKR	B	-1.69%
APO	A	-1.43%
COIN	B	-1.01%
ARES	B	-0.51%
FCNCA	B	-0.45%
BR	A	-0.45%
BRO	B	-0.44%
LPLA	B	-0.39%
HOOD	B	-0.36%
CBOE	B	-0.35%
IBKR	B	-0.32%
RGA	A	-0.26%
TW	B	-0.25%
SOFI	B	-0.24%
EWBC	B	-0.24%
JEF	A	-0.22%
RNR	C	-0.22%
UNM	A	-0.21%
SF	B	-0.2%
CG	B	-0.19%
FHN	B	-0.19%
AIZ	B	-0.19%
OWL	B	-0.19%
WBS	B	-0.18%
PRI	A	-0.18%
EVR	B	-0.18%
AFG	A	-0.17%
KNSL	B	-0.17%
PNFP	B	-0.16%
ORI	A	-0.16%
HLI	A	-0.16%
WAL	B	-0.16%
WTFC	B	-0.15%
MORN	A	-0.15%
CFR	B	-0.14%
VOYA	B	-0.14%
SNV	B	-0.14%
CMA	A	-0.14%
CBSH	B	-0.14%
ZION	B	-0.14%
RYAN	A	-0.13%
SEIC	A	-0.13%
AXS	A	-0.12%
AGNC	D	-0.12%
BPOP	B	-0.12%
RLI	A	-0.12%
PB	B	-0.12%
MTG	B	-0.11%
BEN	C	-0.11%
COLB	B	-0.11%
OMF	A	-0.11%
FAF	B	-0.11%
IVZ	B	-0.11%
TPG	B	-0.1%
RITM	C	-0.1%
THG	C	-0.1%
AMG	B	-0.1%
JHG	A	-0.1%
STWD	C	-0.1%
FNB	B	-0.1%
LAZ	B	-0.1%
WTM	A	-0.09%
OZK	B	-0.09%
SLM	B	-0.09%
KMPR	B	-0.08%
AGO	A	-0.08%
BHF	B	-0.06%
FHB	B	-0.06%
CACC	D	-0.05%
VIRT	B	-0.05%
BOKF	B	-0.04%
RKT	F	-0.03%
CNA	B	-0.02%
UWMC	F	-0.01%
TFSL	B	-0.01%