SMN vs. PPA ETF Comparison
Comparison of ProShares UltraShort Basic Materials (SMN) to PowerShares Aerospace & Defense (PPA)
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
$7.13
Average Daily Volume
3,892
43
PPA
PowerShares Aerospace & Defense
PPA Description
The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE⢠Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$105.04
Average Daily Volume
146,048
47
Performance
| Period | SMN | PPA |
|---|---|---|
| 30 Days | -5.76% | 6.88% |
| 60 Days | -1.71% | 7.07% |
| 90 Days | -13.39% | 10.26% |
| 12 Months | -25.86% | 31.64% |
1 Overlapping Holdings
| Symbol | Grade | Weight in SMN | Weight in PPA | Overlap | |
|---|---|---|---|---|---|
| ATI | B | 0.37% | 1.08% | 0.37% |
SMN Overweight 42 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| LIN | D | 18.22% | |
| APD | C | 8.28% | |
| ECL | A | 7.77% | |
| DD | A | 7.23% | |
| DOW | C | 6.27% | |
| NEM | B | 5.65% | |
| PPG | D | 4.81% | |
| LYB | C | 3.74% | |
| CTVA | B | 3.36% | |
| FCX | B | 2.96% | |
| NUE | F | 2.59% | |
| IFF | A | 2.28% | |
| CE | C | 2.25% | |
| FMC | B | 2.05% | |
| EMN | A | 1.67% | |
| CF | F | 1.59% | |
| RPM | D | 1.53% | |
| ALB | C | 1.36% | |
| RS | D | 1.28% | |
| MOS | F | 1.21% | |
| RGLD | B | 1.17% | |
| STLD | D | 1.13% | |
| AXTA | A | 1.0% | |
| HUN | C | 0.74% | |
| ASH | A | 0.73% | |
| SMG | D | 0.7% | |
| VVV | D | 0.64% | |
| NGVT | B | 0.55% | |
| NEU | D | 0.55% | |
| AA | B | 0.52% | |
| OLN | D | 0.45% | |
| CC | C | 0.45% | |
| ESI | D | 0.44% | |
| SXT | A | 0.44% | |
| CMC | C | 0.41% | |
| FUL | C | 0.4% | |
| CBT | B | 0.4% | |
| WLK | B | 0.39% | |
| CRS | B | 0.35% | |
| X | D | 0.28% | |
| WOR | D | 0.24% | |
| BTU | F | 0.1% |
SMN Underweight 46 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| RTX | A | -6.84% | |
| LMT | A | -6.57% | |
| BA | F | -6.07% | |
| GE | A | -5.77% | |
| NOC | B | -5.29% | |
| GD | A | -4.91% | |
| LHX | A | -4.56% | |
| HON | C | -4.48% | |
| HWM | A | -4.28% | |
| TDG | A | -4.03% | |
| ETN | A | -3.79% | |
| PH | B | -3.41% | |
| AXON | B | -3.02% | |
| BAH | B | -2.49% | |
| LDOS | A | -2.39% | |
| TXT | D | -2.36% | |
| APH | A | -2.26% | |
| HEI | A | -1.86% | |
| HII | D | -1.85% | |
| CACI | A | -1.39% | |
| CW | A | -1.37% | |
| KBR | B | -1.31% | |
| WWD | A | -1.25% | |
| BWXT | D | -1.25% | |
| HXL | C | -1.05% | |
| AVAV | A | -1.04% | |
| SAIC | C | -1.03% | |
| TDY | D | -1.02% | |
| J | D | -0.81% | |
| PLTR | D | -0.79% | |
| SPR | D | -0.69% | |
| MOG.A | A | -0.66% | |
| KEYS | D | -0.61% | |
| PSN | D | -0.6% | |
| KTOS | B | -0.59% | |
| AIR | B | -0.49% | |
| OSK | D | -0.43% | |
| MRCY | D | -0.35% | |
| VSAT | D | -0.33% | |
| OSIS | D | -0.25% | |
| CDRE | F | -0.23% | |
| TGI | C | -0.21% | |
| IRDM | D | -0.18% | |
| B | C | -0.17% | |
| TTMI | A | -0.16% | |
| DCO | B | -0.15% |
SMN: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords
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