SSG vs. IWFG ETF Comparison

Comparison of ProShares UltraShort Semiconductors (SSG) to IQ MacKay Municipal Insured ETF (IWFG)

SSG

ProShares UltraShort Semiconductors

SSG 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. SemiconductorsSM 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 semiconductor sub-sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.06

Average Daily Volume

37,814

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IWFG

IQ MacKay Municipal Insured ETF

IWFG Description

The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$48.75

Average Daily Volume

138

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SSG	IWFG
30 Days	1.54%	2.54%
60 Days	-23.21%	6.01%
90 Days	-15.94%	7.38%
12 Months	-81.33%	40.11%

4 Overlapping Holdings

Symbol	Grade	Weight in SSG	Weight in IWFG	Overlap
ADI	D	3.48%	3.09%	3.09%
AVGO	D	9.66%	4.86%	4.86%
LRCX	F	3.53%	1.93%	1.93%
NVDA	B	12.05%	7.83%	7.83%

SSG Overweight 21 Positions Relative to IWFG

Symbol	Grade	Weight
INTC	C	20.47%
TXN	C	9.72%
QCOM	F	8.64%
MU	D	5.04%
AMAT	F	4.58%
AMD	F	4.48%
KLAC	F	2.23%
MCHP	F	2.06%
SWKS	F	1.67%
MRVL	B	1.5%
QRVO	F	1.06%
TER	F	0.93%
ON	D	0.81%
OLED	F	0.71%
ENTG	D	0.6%
MPWR	F	0.58%
MKSI	C	0.5%
SLAB	F	0.41%
CRUS	D	0.38%
SMTC	B	0.29%
IDCC	B	0.15%

SSG Underweight 25 Positions Relative to IWFG

Symbol	Grade	Weight
MSFT	D	-11.57%
AMZN	C	-7.69%
AAPL	C	-5.03%
META	D	-4.54%
GOOG	C	-4.52%
TT	A	-3.49%
SPOT	B	-3.22%
MA	B	-3.21%
ORLY	B	-2.88%
KKR	A	-2.77%
ISRG	A	-2.74%
MELI	C	-2.74%
NFLX	A	-2.62%
NOW	A	-2.52%
ETN	A	-2.48%
ADBE	C	-2.35%
CMG	B	-2.31%
APH	A	-2.26%
INTU	B	-2.23%
UBER	F	-2.09%
BKNG	A	-2.02%
SNPS	B	-1.81%
WDAY	B	-1.62%
HLT	A	-1.57%
ASML	F	-1.48%