SMN vs. AQWA ETF Comparison
Comparison of ProShares UltraShort Basic Materials (SMN) to Global X Clean Water ETF (AQWA)
SMN
ProShares UltraShort Basic Materials
SMN Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Basic MaterialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the basic materials sector of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$13.56
Average Daily Volume
3,852
43
AQWA
Global X Clean Water ETF
AQWA Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Clean Water Industry Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to provide exposure to companies that have business operations in the provision of clean water. It is non-diversified.Grade (RS Rating)
Last Trade
$18.27
Average Daily Volume
1,574
21
Performance
Period | SMN | AQWA |
---|---|---|
30 Days | 3.94% | 1.44% |
60 Days | 1.90% | 0.19% |
90 Days | -1.90% | 1.00% |
12 Months | -23.79% | 20.41% |
1 Overlapping Holdings
Symbol | Grade | Weight in SMN | Weight in AQWA | Overlap | |
---|---|---|---|---|---|
ECL | D | 7.77% | 7.69% | 7.69% |
SMN Overweight 42 Positions Relative to AQWA
Symbol | Grade | Weight | |
---|---|---|---|
LIN | D | 18.22% | |
APD | A | 8.28% | |
DD | D | 7.23% | |
DOW | F | 6.27% | |
NEM | D | 5.65% | |
PPG | F | 4.81% | |
LYB | F | 3.74% | |
CTVA | C | 3.36% | |
FCX | D | 2.96% | |
NUE | C | 2.59% | |
IFF | D | 2.28% | |
CE | F | 2.25% | |
FMC | D | 2.05% | |
EMN | D | 1.67% | |
CF | B | 1.59% | |
RPM | A | 1.53% | |
ALB | C | 1.36% | |
RS | B | 1.28% | |
MOS | F | 1.21% | |
RGLD | C | 1.17% | |
STLD | B | 1.13% | |
AXTA | A | 1.0% | |
HUN | F | 0.74% | |
ASH | D | 0.73% | |
SMG | D | 0.7% | |
VVV | F | 0.64% | |
NGVT | B | 0.55% | |
NEU | C | 0.55% | |
AA | B | 0.52% | |
OLN | D | 0.45% | |
CC | C | 0.45% | |
ESI | A | 0.44% | |
SXT | B | 0.44% | |
CMC | B | 0.41% | |
FUL | F | 0.4% | |
CBT | C | 0.4% | |
WLK | D | 0.39% | |
ATI | D | 0.37% | |
CRS | A | 0.35% | |
X | C | 0.28% | |
WOR | F | 0.24% | |
BTU | B | 0.1% |
SMN Underweight 20 Positions Relative to AQWA
SMN: Top Represented Industries & Keywords
AQWA: Top Represented Industries & Keywords