SEF vs. RAFE ETF Comparison

Comparison of ProShares Short Financials (SEF) to PIMCO RAFI ESG U.S. ETF (RAFE)

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

$34.22

Average Daily Volume

11,534

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.82

Average Daily Volume

12,485

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

Performance

Period	SEF	RAFE
30 Days	-7.06%	1.92%
60 Days	-9.74%	3.06%
90 Days	-11.63%	4.90%
12 Months	-26.67%	24.12%

40 Overlapping Holdings

Symbol	Grade	Weight in SEF	Weight in RAFE	Overlap
ALL	A	0.64%	0.58%	0.58%
AMP	A	0.37%	0.25%	0.25%
AMT	D	1.74%	0.19%	0.19%
AVB	B	0.51%	0.16%	0.16%
AXP	A	1.49%	0.63%	0.63%
BAC	A	4.46%	0.86%	0.86%
BK	A	0.65%	0.19%	0.19%
BLK	C	1.06%	0.71%	0.71%
C	A	2.98%	3.25%	2.98%
CBRE	B	0.34%	0.37%	0.34%
CCI	D	1.02%	0.27%	0.27%
EQH	B	0.19%	0.06%	0.06%
EQIX	A	0.84%	0.24%	0.24%
EQR	B	0.48%	0.16%	0.16%
ESS	B	0.34%	0.05%	0.05%
FITB	A	0.35%	0.13%	0.13%
GS	A	1.34%	0.98%	0.98%
HIG	B	0.37%	0.27%	0.27%
HST	C	0.22%	0.11%	0.11%
JPM	A	7.27%	4.09%	4.09%
LNC	B	0.2%	0.08%	0.08%
MA	C	4.83%	0.79%	0.79%
MAA	B	0.26%	0.07%	0.07%
MCO	B	0.7%	0.16%	0.16%
MET	A	0.69%	0.7%	0.69%
NDAQ	A	0.21%	0.07%	0.07%
NTRS	A	0.39%	0.07%	0.07%
O	D	0.42%	0.02%	0.02%
PFG	D	0.25%	0.2%	0.2%
PGR	A	0.75%	0.25%	0.25%
PLD	D	1.0%	0.08%	0.08%
PRU	A	0.66%	0.51%	0.51%
SPGI	C	1.22%	0.1%	0.1%
STT	A	0.5%	0.26%	0.26%
TROW	B	0.52%	0.12%	0.12%
V	A	5.88%	1.09%	1.09%
VTR	C	0.37%	0.23%	0.23%
WELL	A	0.59%	0.33%	0.33%
WFC	A	3.19%	2.82%	2.82%
WY	D	0.39%	0.26%	0.26%

SEF Overweight 57 Positions Relative to RAFE

Symbol	Grade	Weight
BRK.A	B	7.56%
USB	A	1.32%
TFC	A	1.27%
CME	A	1.25%
MS	A	1.19%
CB	C	1.17%
PNC	B	1.13%
MMC	B	0.97%
SCHW	B	0.93%
ICE	C	0.91%
AON	A	0.83%
COF	B	0.81%
AIG	B	0.77%
SPG	B	0.76%
BX	A	0.67%
AFL	B	0.66%
TRV	B	0.61%
PSA	D	0.56%
SBAC	D	0.48%
DLR	B	0.44%
WTW	B	0.44%
DFS	B	0.44%
MSCI	C	0.4%
CSGP	D	0.4%
SYF	B	0.36%
MTB	A	0.36%
BXP	D	0.34%
ARE	D	0.32%
KEY	B	0.32%
ACGL	D	0.31%
CFG	B	0.3%
DOC	D	0.3%
AJG	B	0.3%
INVH	D	0.28%
MKL	A	0.28%
RF	A	0.27%
CINF	A	0.27%
HBAN	A	0.26%
MKTX	D	0.24%
WPC	D	0.24%
SUI	D	0.24%
EXR	D	0.24%
L	A	0.23%
NLY	C	0.23%
UDR	B	0.23%
ELS	C	0.22%
FNF	B	0.22%
RJF	A	0.2%
EG	C	0.19%
MPW	F	0.19%
ALLY	C	0.19%
GL	B	0.18%
FDS	B	0.18%
REG	B	0.18%
VNO	B	0.18%
CPT	B	0.18%
WRB	A	0.17%

SEF Underweight 198 Positions Relative to RAFE

Symbol	Grade	Weight
AAPL	C	-6.52%
MSFT	F	-5.72%
JNJ	D	-3.18%
CSCO	B	-2.94%
INTC	D	-2.85%
PG	A	-2.84%
T	A	-2.41%
PFE	D	-2.32%
GM	B	-2.16%
BMY	B	-1.97%
IBM	C	-1.81%
HD	A	-1.77%
VZ	C	-1.69%
MRK	F	-1.69%
ORCL	B	-1.68%
QCOM	F	-1.6%
CMCSA	B	-1.55%
ABBV	D	-1.53%
CI	F	-1.3%
AVGO	D	-1.26%
META	D	-1.2%
DIS	B	-1.2%
TGT	F	-1.18%
ABT	B	-1.18%
LOW	D	-1.14%
F	C	-1.14%
NVDA	C	-1.12%
LIN	D	-1.12%
AMGN	D	-1.08%
MMM	D	-1.07%
GILD	C	-0.99%
KO	D	-0.98%
ACN	C	-0.97%
MU	D	-0.95%
ELV	F	-0.89%
TXN	C	-0.83%
AMAT	F	-0.81%
HPQ	B	-0.72%
HPE	B	-0.7%
LLY	F	-0.67%
ADBE	C	-0.63%
PYPL	B	-0.62%
DD	D	-0.59%
UNH	C	-0.58%
CRM	B	-0.58%
JCI	C	-0.55%
UPS	C	-0.54%
DE	A	-0.54%
BBY	D	-0.5%
LRCX	F	-0.5%
DOW	F	-0.5%
TSLA	B	-0.49%
TJX	A	-0.49%
NKE	D	-0.48%
NEM	D	-0.46%
DHR	F	-0.46%
TMUS	B	-0.46%
ADP	B	-0.45%
FDX	B	-0.45%
WM	A	-0.44%
IP	B	-0.43%
MCK	B	-0.43%
APD	A	-0.42%
EBAY	D	-0.41%
HUM	C	-0.41%
CVS	D	-0.4%
WDC	D	-0.37%
ADI	D	-0.37%
CARR	D	-0.37%
CL	D	-0.37%
FIS	C	-0.36%
ADM	D	-0.33%
GIS	D	-0.32%
BDX	F	-0.32%
ITW	B	-0.31%
EA	A	-0.31%
KMB	D	-0.3%
NTAP	C	-0.29%
MDLZ	F	-0.29%
CAH	B	-0.29%
MAR	B	-0.28%
PEP	F	-0.28%
FI	A	-0.28%
BIIB	F	-0.27%
GEHC	F	-0.27%
ECL	D	-0.26%
EIX	B	-0.25%
SYY	B	-0.24%
OC	A	-0.22%
MSI	B	-0.21%
KLAC	D	-0.21%
LUMN	C	-0.21%
WHR	B	-0.21%
CMI	A	-0.21%
JLL	D	-0.21%
PARA	C	-0.2%
KHC	F	-0.2%
PPG	F	-0.2%
LH	C	-0.19%
JNPR	F	-0.19%
IRM	D	-0.19%
FOXA	B	-0.19%
MOS	F	-0.19%
K	A	-0.18%
BAX	D	-0.18%
CTSH	B	-0.18%
VFC	C	-0.18%
DVA	B	-0.17%
GWW	B	-0.17%
TPR	B	-0.16%
CF	B	-0.16%
BALL	D	-0.16%
EW	C	-0.16%
PKG	A	-0.15%
ARW	D	-0.15%
DG	F	-0.15%
HLT	A	-0.15%
SHW	A	-0.15%
A	D	-0.15%
KDP	D	-0.14%
AWK	D	-0.14%
ISRG	A	-0.14%
OMC	C	-0.14%
KSS	F	-0.14%
ZTS	D	-0.14%
FAST	B	-0.13%
CDNS	B	-0.13%
CNC	D	-0.13%
MRVL	B	-0.13%
COR	B	-0.13%
DELL	C	-0.13%
OTIS	C	-0.12%
EL	F	-0.12%
SYK	C	-0.12%
IFF	D	-0.12%
HOLX	D	-0.11%
PAYX	C	-0.11%
WAT	B	-0.11%
TSCO	D	-0.11%
SWK	D	-0.11%
BSX	B	-0.11%
GAP	C	-0.11%
PVH	C	-0.11%
ON	D	-0.1%
KEYS	A	-0.1%
LKQ	D	-0.09%
WAB	B	-0.09%
SOLV	C	-0.09%
HCA	F	-0.09%
WBA	F	-0.09%
VTRS	A	-0.09%
AVT	C	-0.09%
SJM	D	-0.09%
USFD	A	-0.09%
NFLX	A	-0.09%
TER	D	-0.09%
CDW	F	-0.09%
ILMN	D	-0.08%
SNPS	B	-0.08%
GPC	D	-0.08%
DOX	D	-0.08%
LEA	D	-0.08%
DXC	B	-0.07%
DGX	A	-0.07%
KIM	A	-0.07%
CHD	B	-0.07%
HUN	F	-0.07%
CAG	D	-0.07%
AKAM	D	-0.07%
TSN	B	-0.07%
NWSA	B	-0.07%
DOV	A	-0.06%
KD	B	-0.06%
HSY	F	-0.06%
HSIC	B	-0.06%
GT	C	-0.06%
MCHP	D	-0.06%
AMD	F	-0.06%
MHK	D	-0.05%
XRX	F	-0.05%
HAS	D	-0.05%
CTVA	C	-0.05%
FL	F	-0.05%
CPB	D	-0.05%
ORLY	B	-0.05%
ROK	B	-0.05%
AAP	C	-0.04%
OGN	D	-0.04%
WU	D	-0.04%
GEN	B	-0.04%
AGCO	D	-0.04%
NWL	B	-0.04%
FLEX	A	-0.04%
RSG	A	-0.04%
MAN	D	-0.03%
M	D	-0.03%
ANET	C	-0.02%
HRL	D	-0.01%