SMN vs. FRTY ETF Comparison

Comparison of ProShares UltraShort Basic Materials (SMN) to Alger Mid Cap 40 ETF (FRTY)
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

$7.70

Average Daily Volume

5,647

Number of Holdings *

43

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

Alger Mid Cap 40 ETF

FRTY Description The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of mid-cap companies. Equity securities include common or preferred stocks that are listed on U.S. exchanges. It may invest a significant portion of its assets in the securities of companies conducting business in the information technology and healthcare sectors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.17

Average Daily Volume

10,909

Number of Holdings *

39

* may have additional holdings in another (foreign) market
Performance
Period SMN FRTY
30 Days 8.09% -1.52%
60 Days 2.75% 5.14%
90 Days 5.64% 4.15%
12 Months -13.26% 25.92%
0 Overlapping Holdings
Symbol Grade Weight in SMN Weight in FRTY Overlap
SMN Overweight 43 Positions Relative to FRTY
Symbol Grade Weight
LIN C 18.22%
APD B 8.28%
ECL A 7.77%
DD B 7.23%
DOW D 6.27%
NEM B 5.65%
PPG D 4.81%
LYB D 3.74%
CTVA D 3.36%
FCX D 2.96%
NUE F 2.59%
IFF B 2.28%
CE D 2.25%
FMC F 2.05%
EMN B 1.67%
CF D 1.59%
RPM B 1.53%
ALB F 1.36%
RS D 1.28%
MOS F 1.21%
RGLD D 1.17%
STLD D 1.13%
AXTA B 1.0%
HUN D 0.74%
ASH C 0.73%
SMG D 0.7%
VVV C 0.64%
NGVT F 0.55%
NEU D 0.55%
AA C 0.52%
OLN D 0.45%
CC D 0.45%
ESI B 0.44%
SXT B 0.44%
CMC D 0.41%
FUL D 0.4%
CBT C 0.4%
WLK D 0.39%
ATI C 0.37%
CRS B 0.35%
X F 0.28%
WOR F 0.24%
BTU D 0.1%
SMN Underweight 39 Positions Relative to FRTY
Symbol Grade Weight
VRT D -6.09%
MU A -4.25%
MANH C -4.18%
HEI A -4.11%
SHAK D -4.07%
NTRA B -3.87%
DKNG C -3.21%
APPF D -3.1%
TDG B -3.0%
RRX F -2.99%
OKTA C -2.7%
SAIA D -2.59%
MPWR A -2.4%
SPOT B -2.31%
BURL B -2.25%
PCVX B -2.21%
GTES D -2.16%
APO B -1.97%
ELF B -1.88%
PTC D -1.81%
EXAS F -1.76%
PSTG A -1.76%
CEG B -1.72%
OSCR C -1.71%
RBLX F -1.7%
DDOG C -1.64%
TWLO F -1.61%
SWAV A -1.55%
VLTO A -1.49%
ONON B -1.43%
MELI B -1.42%
SNOW F -1.29%
CRWD A -1.19%
PLTR B -1.18%
SMCI C -1.16%
SRPT C -0.98%
OLED B -0.95%
HCP A -0.88%
IOVA F -0.81%
Compare ETFs