SEF vs. RSPF ETF Comparison

Comparison of ProShares Short Financials (SEF) to Invesco S&P 500 Equal Weight Financial ETF (RSPF)

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

RSPF

Invesco S&P 500 Equal Weight Financial ETF

RSPF Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Financials Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the financials sector, as defined according to the Global Industry Classification Standard (GICS).

Grade (RS Rating)

Last Trade

$76.95

Average Daily Volume

13,068

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SEF	RSPF
30 Days	-7.06%	7.46%
60 Days	-9.74%	11.41%
90 Days	-11.63%	14.49%
12 Months	-26.67%	45.37%

59 Overlapping Holdings

Symbol	Grade	Weight in SEF	Weight in RSPF	Overlap
ACGL	D	0.31%	1.11%	0.31%
AFL	B	0.66%	1.26%	0.66%
AIG	B	0.77%	1.29%	0.77%
AJG	B	0.3%	1.24%	0.3%
ALL	A	0.64%	1.29%	0.64%
AMP	A	0.37%	1.59%	0.37%
AON	A	0.83%	1.35%	0.83%
AXP	A	1.49%	1.39%	1.39%
BAC	A	4.46%	1.48%	1.48%
BK	A	0.65%	1.41%	0.65%
BLK	C	1.06%	1.48%	1.06%
BRK.A	B	7.56%	1.3%	1.3%
BX	A	0.67%	1.49%	0.67%
C	A	2.98%	1.47%	1.47%
CB	C	1.17%	1.24%	1.17%
CFG	B	0.3%	1.45%	0.3%
CINF	A	0.27%	1.37%	0.27%
CME	A	1.25%	1.28%	1.25%
COF	B	0.81%	1.64%	0.81%
DFS	B	0.44%	1.65%	0.44%
EG	C	0.19%	1.19%	0.19%
FDS	B	0.18%	1.39%	0.18%
FITB	A	0.35%	1.4%	0.35%
GL	B	0.18%	1.31%	0.18%
GS	A	1.34%	1.53%	1.34%
HBAN	A	0.26%	1.52%	0.26%
HIG	B	0.37%	1.26%	0.37%
ICE	C	0.91%	1.21%	0.91%
JPM	A	7.27%	1.47%	1.47%
KEY	B	0.32%	1.48%	0.32%
L	A	0.23%	1.32%	0.23%
MA	C	4.83%	1.32%	1.32%
MCO	B	0.7%	1.26%	0.7%
MET	A	0.69%	1.35%	0.69%
MKTX	D	0.24%	1.28%	0.24%
MMC	B	0.97%	1.2%	0.97%
MS	A	1.19%	1.68%	1.19%
MSCI	C	0.4%	1.34%	0.4%
MTB	A	0.36%	1.57%	0.36%
NDAQ	A	0.21%	1.33%	0.21%
NTRS	A	0.39%	1.5%	0.39%
PFG	D	0.25%	1.32%	0.25%
PGR	A	0.75%	1.25%	0.75%
PNC	B	1.13%	1.46%	1.13%
PRU	A	0.66%	1.35%	0.66%
RF	A	0.27%	1.49%	0.27%
RJF	A	0.2%	1.69%	0.2%
SCHW	B	0.93%	1.61%	0.93%
SPGI	C	1.22%	1.22%	1.22%
STT	A	0.5%	1.41%	0.5%
SYF	B	0.36%	1.72%	0.36%
TFC	A	1.27%	1.38%	1.27%
TROW	B	0.52%	1.43%	0.52%
TRV	B	0.61%	1.34%	0.61%
USB	A	1.32%	1.41%	1.32%
V	A	5.88%	1.34%	1.34%
WFC	A	3.19%	1.72%	1.72%
WRB	A	0.17%	1.27%	0.17%
WTW	B	0.44%	1.35%	0.44%

SEF Overweight 38 Positions Relative to RSPF

Symbol	Grade	Weight
AMT	D	1.74%
CCI	D	1.02%
PLD	D	1.0%
EQIX	A	0.84%
SPG	B	0.76%
WELL	A	0.59%
PSA	D	0.56%
AVB	B	0.51%
SBAC	D	0.48%
EQR	B	0.48%
DLR	B	0.44%
O	D	0.42%
CSGP	D	0.4%
WY	D	0.39%
VTR	C	0.37%
BXP	D	0.34%
CBRE	B	0.34%
ESS	B	0.34%
ARE	D	0.32%
DOC	D	0.3%
INVH	D	0.28%
MKL	A	0.28%
MAA	B	0.26%
WPC	D	0.24%
SUI	D	0.24%
EXR	D	0.24%
NLY	C	0.23%
UDR	B	0.23%
HST	C	0.22%
ELS	C	0.22%
FNF	B	0.22%
LNC	B	0.2%
MPW	F	0.19%
ALLY	C	0.19%
EQH	B	0.19%
REG	B	0.18%
VNO	B	0.18%
CPT	B	0.18%

SEF Underweight 13 Positions Relative to RSPF

Symbol	Grade	Weight
PYPL	B	-1.53%
KKR	A	-1.53%
CPAY	A	-1.5%
FI	A	-1.5%
AIZ	A	-1.39%
IVZ	B	-1.38%
BEN	C	-1.35%
BRO	B	-1.32%
GPN	B	-1.31%
FIS	C	-1.31%
JKHY	D	-1.22%
CBOE	B	-1.18%
ERIE	D	-0.97%