SEF vs. NBCR ETF Comparison

Comparison of ProShares Short Financials (SEF) to Neuberger Berman Core Equity ETF (NBCR)

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

$34.29

Average Daily Volume

11,897

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$27.40

Average Daily Volume

16,149

Number of Holdings ^*

192

* may have additional holdings in another (foreign) market

Performance

Period	SEF	NBCR
30 Days	-5.84%	1.30%
60 Days	-8.90%	3.91%
90 Days	-10.72%	5.19%
12 Months	-25.91%

27 Overlapping Holdings

Symbol	Grade	Weight in SEF	Weight in NBCR	Overlap
AIG	B	0.77%	0.76%	0.76%
ALL	A	0.64%	0.45%	0.45%
AON	A	0.83%	1.41%	0.83%
BAC	A	4.46%	0.76%	0.76%
BK	A	0.65%	0.12%	0.12%
BLK	B	1.06%	0.35%	0.35%
C	A	2.98%	0.39%	0.39%
CFG	B	0.3%	0.14%	0.14%
ELS	C	0.22%	0.16%	0.16%
EQR	C	0.48%	0.09%	0.09%
FITB	B	0.35%	0.24%	0.24%
GL	C	0.18%	0.26%	0.18%
GS	A	1.34%	0.42%	0.42%
ICE	C	0.91%	0.56%	0.56%
INVH	D	0.28%	0.1%	0.1%
JPM	A	7.27%	1.4%	1.4%
MA	B	4.83%	1.1%	1.1%
MCO	B	0.7%	0.28%	0.28%
MET	A	0.69%	0.22%	0.22%
NDAQ	A	0.21%	0.3%	0.21%
PLD	F	1.0%	0.38%	0.38%
PNC	B	1.13%	0.31%	0.31%
SPGI	C	1.22%	0.74%	0.74%
V	A	5.88%	1.23%	1.23%
VTR	B	0.37%	0.2%	0.2%
WFC	A	3.19%	0.99%	0.99%
WY	F	0.39%	0.06%	0.06%

SEF Overweight 70 Positions Relative to NBCR

Symbol	Grade	Weight
BRK.A	B	7.56%
AMT	C	1.74%
AXP	A	1.49%
USB	A	1.32%
TFC	A	1.27%
CME	B	1.25%
MS	A	1.19%
CB	C	1.17%
CCI	C	1.02%
MMC	B	0.97%
SCHW	B	0.93%
EQIX	A	0.84%
COF	C	0.81%
SPG	A	0.76%
PGR	A	0.75%
BX	A	0.67%
PRU	A	0.66%
AFL	B	0.66%
TRV	B	0.61%
WELL	A	0.59%
PSA	C	0.56%
TROW	B	0.52%
AVB	B	0.51%
STT	B	0.5%
SBAC	D	0.48%
DLR	B	0.44%
WTW	B	0.44%
DFS	B	0.44%
O	C	0.42%
MSCI	C	0.4%
CSGP	D	0.4%
NTRS	A	0.39%
AMP	A	0.37%
HIG	B	0.37%
SYF	B	0.36%
MTB	A	0.36%
BXP	C	0.34%
CBRE	B	0.34%
ESS	B	0.34%
ARE	F	0.32%
KEY	B	0.32%
ACGL	C	0.31%
DOC	C	0.3%
AJG	A	0.3%
MKL	A	0.28%
RF	A	0.27%
CINF	A	0.27%
HBAN	A	0.26%
MAA	B	0.26%
PFG	D	0.25%
MKTX	D	0.24%
WPC	C	0.24%
SUI	C	0.24%
EXR	C	0.24%
L	A	0.23%
NLY	C	0.23%
UDR	B	0.23%
HST	C	0.22%
FNF	B	0.22%
RJF	A	0.2%
LNC	C	0.2%
EG	C	0.19%
MPW	F	0.19%
ALLY	C	0.19%
EQH	C	0.19%
FDS	B	0.18%
REG	A	0.18%
VNO	C	0.18%
CPT	B	0.18%
WRB	A	0.17%

SEF Underweight 165 Positions Relative to NBCR

Symbol	Grade	Weight
NVDA	B	-6.7%
AAPL	C	-6.48%
MSFT	D	-6.01%
AMZN	C	-3.83%
GOOGL	C	-3.37%
GOOG	C	-1.94%
HD	B	-1.22%
LLY	F	-1.19%
XOM	B	-1.15%
COST	A	-1.06%
ORCL	A	-0.99%
JNJ	C	-0.98%
UNM	A	-0.97%
GE	D	-0.94%
QCOM	F	-0.91%
TMUS	B	-0.88%
BSX	A	-0.87%
PG	C	-0.87%
CRM	B	-0.87%
ABBV	F	-0.86%
NFLX	A	-0.81%
TDG	D	-0.77%
NOW	A	-0.77%
T	A	-0.75%
UBER	F	-0.74%
MDT	D	-0.72%
TJX	A	-0.71%
FI	A	-0.66%
TXN	C	-0.63%
ETN	A	-0.63%
CCL	A	-0.62%
INTU	B	-0.62%
KKR	A	-0.61%
FYBR	C	-0.6%
LIN	C	-0.59%
GM	C	-0.59%
MCD	D	-0.58%
SNPS	B	-0.58%
AMD	F	-0.57%
IWB	A	-0.56%
TMO	F	-0.53%
DKNG	B	-0.52%
AMAT	F	-0.52%
VRTX	D	-0.51%
CAT	B	-0.51%
CRWD	B	-0.51%
UL	D	-0.51%
ADI	D	-0.5%
ZBH	C	-0.5%
BKNG	A	-0.49%
PH	A	-0.48%
TT	A	-0.48%
ACN	B	-0.47%
CSCO	B	-0.46%
APH	A	-0.45%
MMM	D	-0.44%
KDP	F	-0.42%
ULTA	F	-0.4%
COP	C	-0.4%
NVT	B	-0.39%
CARR	C	-0.36%
CL	D	-0.36%
IR	B	-0.36%
MDLZ	F	-0.36%
MSI	B	-0.35%
LVS	B	-0.35%
NEE	C	-0.33%
CVS	D	-0.33%
DE	B	-0.33%
APO	B	-0.32%
URI	C	-0.32%
AMGN	F	-0.31%
GIS	D	-0.31%
EOG	A	-0.31%
REGN	F	-0.3%
TRU	D	-0.3%
AVY	F	-0.29%
NSC	B	-0.29%
BMY	B	-0.28%
CSX	C	-0.27%
FCX	F	-0.26%
ELV	F	-0.26%
LMT	D	-0.26%
ORLY	B	-0.26%
HCA	F	-0.26%
SLB	C	-0.26%
MCK	A	-0.25%
DAL	B	-0.25%
DLTR	F	-0.25%
AIZ	A	-0.25%
NKE	F	-0.25%
MLM	C	-0.25%
SHW	B	-0.24%
PSX	C	-0.24%
FANG	C	-0.24%
ASML	F	-0.23%
DUK	C	-0.23%
K	A	-0.22%
LEN	D	-0.22%
EHC	B	-0.22%
FDX	B	-0.22%
SAIA	B	-0.21%
WCN	A	-0.21%
LRCX	F	-0.2%
HUM	C	-0.2%
SRE	A	-0.2%
CHKP	C	-0.2%
J	D	-0.19%
AEP	C	-0.19%
BA	F	-0.19%
DGX	A	-0.19%
EFX	F	-0.18%
DXCM	C	-0.18%
CNC	D	-0.18%
STZ	D	-0.17%
EA	A	-0.17%
MOH	F	-0.17%
D	C	-0.17%
ADSK	A	-0.17%
VRSK	A	-0.17%
CEG	C	-0.17%
WMB	A	-0.16%
PEG	A	-0.16%
RSG	A	-0.16%
ECL	D	-0.16%
OKE	A	-0.16%
ETR	B	-0.16%
TKO	A	-0.15%
VST	A	-0.15%
FCPT	C	-0.14%
ESI	B	-0.14%
PCG	A	-0.14%
APTV	F	-0.14%
WRBY	A	-0.14%
APD	A	-0.14%
EQT	B	-0.13%
LNT	A	-0.13%
LNG	A	-0.13%
AVTR	F	-0.13%
CDW	F	-0.13%
ENTG	D	-0.13%
IQV	F	-0.13%
IT	C	-0.13%
BLDR	D	-0.12%
MTCH	D	-0.12%
TW	A	-0.12%
NUE	C	-0.11%
FE	C	-0.11%
STWD	C	-0.11%
ON	D	-0.1%
STLD	B	-0.1%
CNP	A	-0.09%
TRGP	A	-0.09%
BMRN	F	-0.09%
UTZ	D	-0.08%
DTM	A	-0.08%
CCK	D	-0.08%
WIX	A	-0.08%
TOL	B	-0.07%
DTE	C	-0.07%
SMAR	B	-0.07%
GXO	B	-0.06%
IONS	F	-0.05%
FBIN	D	-0.05%
BHP	F	-0.03%