SMN vs. XLB ETF Comparison
Comparison of ProShares UltraShort Basic Materials (SMN) to Materials Select Sector SPDR (XLB)
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
$6.91
Average Daily Volume
7,365
43
XLB
Materials Select Sector SPDR
XLB Description
The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Materials Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: chemicals; metals & mining; paper & forest products; containers & packaging; and construction materials. The fund is non-diversified.Grade (RS Rating)
Last Trade
$93.13
Average Daily Volume
3,766,994
28
Performance
| Period | SMN | XLB |
|---|---|---|
| 30 Days | 6.32% | -2.76% |
| 60 Days | 3.16% | -0.78% |
| 90 Days | -6.24% | 3.89% |
| 12 Months | -28.24% | 22.46% |
19 Overlapping Holdings
| Symbol | Grade | Weight in SMN | Weight in XLB | Overlap | |
|---|---|---|---|---|---|
| ALB | C | 1.36% | 1.25% | 1.25% | |
| APD | B | 8.28% | 5.58% | 5.58% | |
| CE | F | 2.25% | 1.58% | 1.58% | |
| CF | B | 1.59% | 1.68% | 1.59% | |
| CTVA | A | 3.36% | 4.7% | 3.36% | |
| DD | D | 7.23% | 3.92% | 3.92% | |
| DOW | F | 6.27% | 3.99% | 3.99% | |
| ECL | C | 7.77% | 5.06% | 5.06% | |
| EMN | C | 1.67% | 1.39% | 1.39% | |
| FCX | D | 2.96% | 5.25% | 2.96% | |
| FMC | B | 2.05% | 0.86% | 0.86% | |
| IFF | D | 2.28% | 2.92% | 2.28% | |
| LIN | C | 18.22% | 17.78% | 17.78% | |
| LYB | F | 3.74% | 2.57% | 2.57% | |
| MOS | B | 1.21% | 0.95% | 0.95% | |
| NEM | D | 5.65% | 4.41% | 4.41% | |
| NUE | F | 2.59% | 3.74% | 2.59% | |
| PPG | F | 4.81% | 3.31% | 3.31% | |
| STLD | A | 1.13% | 2.09% | 1.13% |
SMN Overweight 24 Positions Relative to XLB
| Symbol | Grade | Weight | |
|---|---|---|---|
| RPM | B | 1.53% | |
| RS | C | 1.28% | |
| RGLD | B | 1.17% | |
| AXTA | A | 1.0% | |
| HUN | F | 0.74% | |
| ASH | F | 0.73% | |
| SMG | A | 0.7% | |
| VVV | D | 0.64% | |
| NGVT | C | 0.55% | |
| NEU | D | 0.55% | |
| AA | B | 0.52% | |
| OLN | F | 0.45% | |
| CC | F | 0.45% | |
| ESI | A | 0.44% | |
| SXT | C | 0.44% | |
| CMC | A | 0.41% | |
| FUL | F | 0.4% | |
| CBT | B | 0.4% | |
| WLK | F | 0.39% | |
| ATI | F | 0.37% | |
| CRS | B | 0.35% | |
| X | C | 0.28% | |
| WOR | F | 0.24% | |
| BTU | A | 0.1% |
SMN: Top Represented Industries & Keywords
XLB: Top Represented Industries & Keywords
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