SMN vs. FDFF ETF Comparison

Comparison of ProShares UltraShort Basic Materials (SMN) to Fidelity Disruptive Finance ETF (FDFF)
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

$13.73

Average Daily Volume

3,849

Number of Holdings *

43

* may have additional holdings in another (foreign) market
FDFF

Fidelity Disruptive Finance ETF

FDFF Description The fund normally invests at least 80% of assets in securities of disruptive finance companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.70

Average Daily Volume

2,380

Number of Holdings *

33

* may have additional holdings in another (foreign) market
Performance
Period SMN FDFF
30 Days 6.12% 9.01%
60 Days 1.26% 14.00%
90 Days -0.70% 16.82%
12 Months -22.86% 43.70%
0 Overlapping Holdings
Symbol Grade Weight in SMN Weight in FDFF Overlap
SMN Overweight 43 Positions Relative to FDFF
Symbol Grade Weight
LIN C 18.22%
APD A 8.28%
ECL D 7.77%
DD C 7.23%
DOW F 6.27%
NEM D 5.65%
PPG F 4.81%
LYB F 3.74%
CTVA C 3.36%
FCX F 2.96%
NUE C 2.59%
IFF D 2.28%
CE F 2.25%
FMC D 2.05%
EMN C 1.67%
CF A 1.59%
RPM A 1.53%
ALB B 1.36%
RS B 1.28%
MOS F 1.21%
RGLD C 1.17%
STLD B 1.13%
AXTA B 1.0%
HUN F 0.74%
ASH F 0.73%
SMG C 0.7%
VVV D 0.64%
NGVT B 0.55%
NEU D 0.55%
AA A 0.52%
OLN F 0.45%
CC C 0.45%
ESI B 0.44%
SXT C 0.44%
CMC B 0.41%
FUL F 0.4%
CBT D 0.4%
WLK D 0.39%
ATI C 0.37%
CRS B 0.35%
X B 0.28%
WOR F 0.24%
BTU B 0.1%
SMN Underweight 33 Positions Relative to FDFF
Symbol Grade Weight
BLK B -5.78%
APO B -5.71%
V A -5.36%
MA B -5.06%
COF C -5.03%
FLYW B -4.39%
MSTR B -3.84%
EFX F -3.33%
ICE C -2.9%
TOST B -2.83%
SQ A -2.07%
OWL A -2.06%
DLO C -2.0%
COIN C -2.0%
FI A -1.83%
TW A -1.48%
CBOE C -1.47%
NRDS C -1.38%
ARES A -1.34%
MKTX D -1.16%
CASH B -1.15%
VRSK A -1.1%
NU C -1.09%
MSCI C -1.06%
BILL A -1.03%
VIRT A -0.99%
PFSI C -0.96%
AMH C -0.9%
FOUR A -0.89%
ALLY C -0.85%
MELI C -0.81%
RPAY D -0.68%
UWMC D -0.59%
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