SRS vs. FTHI ETF Comparison

Comparison of ProShares UltraShort Real Estate (SRS) to First Trust High Income ETF (FTHI)

SRS

ProShares UltraShort Real Estate

SRS 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. Real EstateSM 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 real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$11.34

Average Daily Volume

47,574

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTHI

First Trust High Income ETF

FTHI Description

The investment seeks current income; capital appreciation is a secondary objective. The fund will pursue its objectives by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on the Standard & Poor's 500(c) Index (the "index"). The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will write will be limited to U.S. exchange-traded securities and options. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.08

Average Daily Volume

203,171

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	SRS	FTHI
30 Days	-10.64%	1.41%
60 Days	-17.16%	1.90%
90 Days	-26.13%	2.40%
12 Months	-35.88%	16.52%

13 Overlapping Holdings

Symbol	Grade	Weight in SRS	Weight in FTHI	Overlap
AMH	C	0.54%	0.26%	0.26%
AMT	C	8.05%	0.38%	0.38%
BXMT	C	0.39%	1.72%	0.39%
CCI	C	4.7%	0.67%	0.67%
EQIX	C	3.91%	0.21%	0.21%
EXR	B	1.13%	0.16%	0.16%
KRC	B	0.63%	0.3%	0.3%
NHI	C	0.29%	0.13%	0.13%
O	C	1.94%	0.29%	0.29%
PSA	B	2.58%	0.34%	0.34%
SBRA	C	0.33%	0.32%	0.32%
SLG	B	0.58%	1.38%	0.58%
SPG	B	3.53%	0.05%	0.05%

SRS Overweight 74 Positions Relative to FTHI

Symbol	Grade	Weight
PLD	C	4.64%
WELL	C	2.73%
AVB	B	2.35%
EQR	B	2.24%
SBAC	C	2.21%
DLR	B	2.02%
CSGP	D	1.85%
WY	C	1.8%
VTR	C	1.71%
ESS	B	1.59%
CBRE	A	1.59%
BXP	B	1.56%
ARE	C	1.46%
DOC	C	1.4%
INVH	C	1.28%
MAA	B	1.19%
WPC	C	1.12%
SUI	B	1.12%
NLY	B	1.08%
UDR	C	1.08%
HST	C	1.0%
ELS	C	1.0%
MPW	C	0.9%
VNO	B	0.83%
CPT	B	0.83%
REG	C	0.82%
AGNC	B	0.77%
VICI	C	0.76%
OHI	B	0.74%
NNN	C	0.74%
GLPI	C	0.72%
FRT	C	0.71%
IRM	C	0.7%
JLL	B	0.69%
KIM	C	0.67%
LAMR	B	0.62%
AIV	B	0.61%
STWD	B	0.56%
DEI	B	0.54%
COLD	D	0.53%
CUZ	B	0.48%
BRX	B	0.48%
CUBE	B	0.47%
PK	D	0.46%
HPP	D	0.45%
EPR	B	0.44%
HHH	C	0.42%
FR	B	0.42%
EGP	B	0.41%
HIW	B	0.41%
REXR	C	0.41%
RHP	C	0.37%
JBGS	C	0.37%
HR	C	0.36%
TWO	B	0.32%
OUT	C	0.32%
RYN	C	0.32%
CIM	B	0.31%
SVC	D	0.31%
EQC	C	0.31%
DSS	F	0.28%
MFA	B	0.28%
APLE	D	0.26%
PEB	D	0.26%
SHO	C	0.24%
RLJ	D	0.23%
PDM	B	0.23%
PCH	C	0.23%
BDN	B	0.22%
PGRE	C	0.22%
MAC	B	0.22%
LXP	B	0.21%
IVR	D	0.19%
XHR	B	0.18%

SRS Underweight 152 Positions Relative to FTHI

Symbol	Grade	Weight
MSFT	C	-6.97%
AAPL	C	-5.86%
NVDA	D	-5.67%
AMZN	C	-3.7%
META	B	-2.45%
GOOGL	D	-2.04%
BRK.A	C	-1.76%
GOOG	D	-1.72%
AVGO	C	-1.65%
LLY	C	-1.57%
JPM	D	-1.27%
UL	C	-1.13%
UNH	C	-1.13%
CCEP	B	-1.07%
TSLA	C	-1.07%
V	C	-0.99%
XOM	C	-0.96%
JXN	A	-0.95%
LADR	B	-0.95%
MO	C	-0.91%
CRNX	C	-0.9%
MA	B	-0.88%
PG	C	-0.87%
COST	B	-0.87%
HD	B	-0.85%
ABBV	C	-0.76%
WMT	C	-0.68%
MRK	D	-0.64%
BRBR	C	-0.64%
CALM	A	-0.61%
PTVE	D	-0.61%
INGR	B	-0.61%
NFLX	B	-0.61%
NVS	C	-0.59%
VST	C	-0.59%
KO	C	-0.58%
ADBE	F	-0.55%
IDA	C	-0.55%
AMD	D	-0.54%
CRM	D	-0.53%
PEP	C	-0.51%
STNG	D	-0.51%
BAC	D	-0.5%
MDT	C	-0.5%
MEDP	F	-0.48%
INSM	D	-0.48%
TMO	B	-0.48%
ORCL	C	-0.47%
MMC	C	-0.46%
LIN	B	-0.45%
GILD	B	-0.45%
TOL	B	-0.45%
SLM	D	-0.44%
CVLT	B	-0.43%
EXP	B	-0.43%
BMY	C	-0.42%
INTU	C	-0.42%
VZ	B	-0.4%
ALSN	B	-0.4%
DELL	D	-0.4%
AM	C	-0.39%
DHR	B	-0.39%
ITW	C	-0.39%
NOW	B	-0.38%
CAT	B	-0.38%
HLI	B	-0.38%
IBM	B	-0.38%
CME	C	-0.38%
PM	C	-0.38%
DECK	C	-0.38%
AMGN	B	-0.37%
T	C	-0.37%
WFC	D	-0.37%
USFD	B	-0.37%
ARES	B	-0.37%
EHC	C	-0.37%
UMBF	B	-0.37%
LANC	D	-0.37%
HESM	D	-0.37%
SPGI	B	-0.36%
PPC	D	-0.36%
FNF	B	-0.36%
DTM	B	-0.36%
NVO	C	-0.36%
SCCO	D	-0.36%
QCOM	D	-0.36%
ISRG	B	-0.36%
TXN	C	-0.36%
IIPR	B	-0.36%
GE	B	-0.35%
RTX	C	-0.35%
KNSL	C	-0.35%
REYN	C	-0.34%
AMAT	D	-0.34%
IDCC	B	-0.34%
SFM	B	-0.34%
DUK	C	-0.34%
UNP	C	-0.33%
TJX	B	-0.33%
EWBC	D	-0.33%
WSO	C	-0.32%
VEEV	C	-0.32%
ADP	B	-0.32%
SLVM	B	-0.32%
BAH	C	-0.32%
PFE	C	-0.31%
DHT	D	-0.3%
LOW	B	-0.3%
FTI	D	-0.3%
HON	D	-0.29%
BKNG	C	-0.29%
LMT	C	-0.29%
GS	C	-0.28%
NEE	C	-0.28%
GAP	F	-0.28%
MGEE	B	-0.28%
TMUS	C	-0.27%
SBLK	D	-0.27%
GGG	C	-0.27%
BKU	C	-0.27%
LOPE	D	-0.27%
CNA	C	-0.25%
CL	D	-0.25%
MATX	B	-0.25%
COP	D	-0.24%
CVX	D	-0.24%
FLO	C	-0.23%
ATR	B	-0.23%
OGN	D	-0.23%
OTTR	F	-0.22%
BLK	B	-0.21%
SO	B	-0.21%
PAYX	C	-0.2%
MUSA	D	-0.2%
NEU	D	-0.19%
XEL	B	-0.19%
PFGC	B	-0.19%
CVBF	D	-0.16%
MSI	B	-0.16%
WEC	C	-0.16%
ELV	C	-0.14%
SFNC	B	-0.13%
KAR	D	-0.13%
GEV	B	-0.12%
TGT	C	-0.11%
BX	B	-0.11%
D	C	-0.09%
GIS	B	-0.09%
MDLZ	B	-0.09%
BDX	D	-0.08%
AJG	D	-0.05%
SYK	C	-0.05%