SSO vs. FEX ETF Comparison

Comparison of ProShares Ultra S&P500 (SSO) to First Trust Large Cap Core AlphaDEX (FEX)

SSO

ProShares Ultra S&P500

SSO Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P 500®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$97.15

Average Daily Volume

2,118,139

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

FEX

First Trust Large Cap Core AlphaDEX

FEX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$112.68

Average Daily Volume

18,528

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

Performance

Period	SSO	FEX
30 Days	5.41%	6.62%
60 Days	7.88%	8.07%
90 Days	10.71%	10.60%
12 Months	62.05%	33.47%

330 Overlapping Holdings

Symbol	Grade	Weight in SSO	Weight in FEX	Overlap
AAPL	C	4.58%	0.17%	0.17%
ABT	B	0.27%	0.09%	0.09%
ACGL	D	0.05%	0.29%	0.05%
ACN	C	0.3%	0.08%	0.08%
ADM	D	0.03%	0.37%	0.03%
ADSK	A	0.09%	0.09%	0.09%
AEE	A	0.03%	0.36%	0.03%
AEP	D	0.07%	0.32%	0.07%
AFL	B	0.08%	0.34%	0.08%
AIG	B	0.07%	0.35%	0.07%
AJG	B	0.09%	0.18%	0.09%
AKAM	D	0.02%	0.29%	0.02%
ALL	A	0.07%	0.45%	0.07%
AMGN	D	0.2%	0.07%	0.07%
AMP	A	0.07%	0.31%	0.07%
AMT	D	0.12%	0.14%	0.12%
AMZN	C	2.53%	0.09%	0.09%
ANET	C	0.13%	0.33%	0.13%
AON	A	0.11%	0.09%	0.09%
APD	A	0.09%	0.19%	0.09%
APH	A	0.11%	0.09%	0.09%
APTV	D	0.02%	0.31%	0.02%
ARE	D	0.02%	0.15%	0.02%
ATO	A	0.03%	0.36%	0.03%
AVB	B	0.04%	0.09%	0.04%
AVGO	D	1.03%	0.24%	0.24%
AVY	D	0.02%	0.08%	0.02%
AWK	D	0.03%	0.16%	0.03%
AXON	A	0.06%	0.64%	0.06%
AXP	A	0.22%	0.45%	0.22%
AZO	C	0.07%	0.08%	0.07%
BAC	A	0.42%	0.3%	0.3%
BBY	D	0.02%	0.22%	0.02%
BDX	F	0.09%	0.08%	0.08%
BG	F	0.02%	0.4%	0.02%
BIIB	F	0.03%	0.21%	0.03%
BK	A	0.08%	0.46%	0.08%
BKNG	A	0.22%	0.3%	0.22%
BKR	B	0.06%	0.4%	0.06%
BLDR	D	0.03%	0.31%	0.03%
BLK	C	0.2%	0.09%	0.09%
BR	A	0.04%	0.18%	0.04%
BRK.A	B	1.15%	0.26%	0.26%
BRO	B	0.03%	0.36%	0.03%
BSX	B	0.17%	0.27%	0.17%
C	A	0.18%	0.37%	0.18%
CAG	D	0.02%	0.07%	0.02%
CARR	D	0.08%	0.23%	0.08%
CAT	B	0.25%	0.25%	0.25%
CB	C	0.14%	0.34%	0.14%
CBOE	B	0.03%	0.09%	0.03%
CCI	D	0.06%	0.07%	0.06%
CCL	B	0.03%	0.45%	0.03%
CE	F	0.01%	0.23%	0.01%
CEG	D	0.09%	0.3%	0.09%
CF	B	0.02%	0.43%	0.02%
CFG	B	0.03%	0.38%	0.03%
CHTR	C	0.05%	0.3%	0.05%
CI	F	0.12%	0.16%	0.12%
CINF	A	0.03%	0.47%	0.03%
CL	D	0.1%	0.15%	0.1%
CLX	B	0.03%	0.09%	0.03%
CMCSA	B	0.22%	0.44%	0.22%
CMG	B	0.11%	0.09%	0.09%
CMI	A	0.07%	0.19%	0.07%
CMS	C	0.03%	0.25%	0.03%
CNC	D	0.04%	0.33%	0.04%
CNP	B	0.03%	0.36%	0.03%
COF	B	0.09%	0.41%	0.09%
COP	C	0.17%	0.46%	0.17%
COST	B	0.54%	0.35%	0.35%
CPAY	A	0.03%	0.2%	0.03%
CPB	D	0.01%	0.15%	0.01%
CSCO	B	0.31%	0.27%	0.27%
CSX	B	0.09%	0.26%	0.09%
CTAS	B	0.1%	0.36%	0.1%
CTRA	B	0.03%	0.46%	0.03%
CTSH	B	0.05%	0.42%	0.05%
CTVA	C	0.05%	0.16%	0.05%
CVS	D	0.09%	0.38%	0.09%
CVX	A	0.37%	0.46%	0.37%
D	C	0.06%	0.25%	0.06%
DAL	C	0.05%	0.53%	0.05%
DD	D	0.05%	0.16%	0.05%
DE	A	0.14%	0.25%	0.14%
DECK	A	0.04%	0.19%	0.04%
DELL	C	0.05%	0.19%	0.05%
DG	F	0.02%	0.31%	0.02%
DGX	A	0.02%	0.35%	0.02%
DHI	D	0.06%	0.36%	0.06%
DIS	B	0.28%	0.2%	0.2%
DOC	D	0.02%	0.15%	0.02%
DOV	A	0.04%	0.09%	0.04%
DOW	F	0.04%	0.21%	0.04%
DRI	B	0.03%	0.17%	0.03%
DTE	C	0.03%	0.32%	0.03%
DUK	C	0.12%	0.33%	0.12%
DVN	F	0.03%	0.42%	0.03%
EBAY	D	0.04%	0.32%	0.04%
ECL	D	0.08%	0.16%	0.08%
ED	D	0.04%	0.31%	0.04%
EFX	F	0.04%	0.21%	0.04%
EG	C	0.02%	0.4%	0.02%
EIX	B	0.04%	0.25%	0.04%
ELV	F	0.12%	0.2%	0.12%
EMR	A	0.1%	0.1%	0.1%
EOG	A	0.1%	0.47%	0.1%
EQIX	A	0.11%	0.09%	0.09%
EQR	B	0.03%	0.25%	0.03%
EQT	B	0.03%	0.41%	0.03%
ERIE	D	0.01%	0.32%	0.01%
ESS	B	0.03%	0.09%	0.03%
ETN	A	0.19%	0.18%	0.18%
ETR	B	0.04%	0.38%	0.04%
EXC	C	0.05%	0.33%	0.05%
EXPD	D	0.02%	0.08%	0.02%
EXPE	B	0.03%	0.52%	0.03%
EXR	D	0.05%	0.15%	0.05%
F	C	0.06%	0.45%	0.06%
FANG	D	0.04%	0.45%	0.04%
FCX	D	0.08%	0.07%	0.07%
FDX	B	0.09%	0.37%	0.09%
FE	C	0.03%	0.16%	0.03%
FI	A	0.16%	0.4%	0.16%
FICO	B	0.07%	0.5%	0.07%
FITB	A	0.04%	0.28%	0.04%
FOXA	B	0.01%	0.45%	0.01%
FSLR	F	0.03%	0.27%	0.03%
FTNT	C	0.08%	0.3%	0.08%
FTV	C	0.04%	0.16%	0.04%
GD	F	0.1%	0.16%	0.1%
GDDY	A	0.03%	0.4%	0.03%
GE	D	0.26%	0.32%	0.26%
GEHC	F	0.05%	0.07%	0.05%
GEN	B	0.02%	0.36%	0.02%
GIS	D	0.05%	0.22%	0.05%
GM	B	0.09%	0.53%	0.09%
GOOGL	C	1.35%	0.09%	0.09%
GPC	D	0.02%	0.23%	0.02%
GRMN	B	0.04%	0.3%	0.04%
GS	A	0.25%	0.5%	0.25%
GWW	B	0.07%	0.29%	0.07%
HAL	C	0.04%	0.44%	0.04%
HBAN	A	0.03%	0.41%	0.03%
HCA	F	0.09%	0.35%	0.09%
HD	A	0.54%	0.09%	0.09%
HIG	B	0.05%	0.34%	0.05%
HLT	A	0.08%	0.27%	0.08%
HOLX	D	0.02%	0.16%	0.02%
HPE	B	0.04%	0.44%	0.04%
HPQ	B	0.05%	0.09%	0.05%
HRL	D	0.01%	0.24%	0.01%
HSY	F	0.03%	0.15%	0.03%
HUBB	B	0.03%	0.18%	0.03%
HUM	C	0.04%	0.22%	0.04%
HWM	A	0.06%	0.48%	0.06%
IBM	C	0.25%	0.32%	0.25%
ICE	C	0.12%	0.25%	0.12%
IEX	B	0.02%	0.18%	0.02%
INTC	D	0.14%	0.36%	0.14%
IP	B	0.03%	0.4%	0.03%
IQV	D	0.04%	0.07%	0.04%
IR	B	0.06%	0.18%	0.06%
IRM	D	0.05%	0.41%	0.05%
ISRG	A	0.25%	0.27%	0.25%
IT	C	0.05%	0.17%	0.05%
J	F	0.02%	0.18%	0.02%
JBHT	C	0.02%	0.27%	0.02%
JCI	C	0.08%	0.09%	0.08%
JNJ	D	0.5%	0.24%	0.24%
JPM	A	0.93%	0.3%	0.3%
KDP	D	0.04%	0.21%	0.04%
KEY	B	0.02%	0.19%	0.02%
KEYS	A	0.03%	0.16%	0.03%
KHC	F	0.04%	0.22%	0.04%
KIM	A	0.02%	0.18%	0.02%
KKR	A	0.14%	0.49%	0.14%
KLAC	D	0.11%	0.07%	0.07%
KMB	D	0.06%	0.08%	0.06%
KMI	A	0.07%	0.43%	0.07%
KO	D	0.32%	0.15%	0.15%
KR	B	0.05%	0.34%	0.05%
L	A	0.02%	0.36%	0.02%
LEN	D	0.05%	0.38%	0.05%
LH	C	0.03%	0.18%	0.03%
LHX	C	0.06%	0.17%	0.06%
LLY	F	0.79%	0.14%	0.14%
LMT	D	0.15%	0.08%	0.08%
LNT	A	0.02%	0.26%	0.02%
LOW	D	0.21%	0.08%	0.08%
LUV	C	0.03%	0.28%	0.03%
LVS	C	0.02%	0.17%	0.02%
LYB	F	0.03%	0.37%	0.03%
LYV	A	0.03%	0.41%	0.03%
MA	C	0.58%	0.09%	0.09%
MAA	B	0.02%	0.17%	0.02%
MAR	B	0.09%	0.1%	0.09%
MAS	D	0.02%	0.08%	0.02%
MCD	D	0.28%	0.08%	0.08%
MCO	B	0.1%	0.25%	0.1%
MDLZ	F	0.12%	0.15%	0.12%
MDT	D	0.15%	0.16%	0.15%
MET	A	0.07%	0.09%	0.07%
META	D	1.62%	0.33%	0.33%
MKC	D	0.02%	0.08%	0.02%
MMC	B	0.15%	0.08%	0.08%
MO	A	0.13%	0.09%	0.09%
MOH	F	0.02%	0.14%	0.02%
MPC	D	0.07%	0.42%	0.07%
MPWR	F	0.04%	0.11%	0.04%
MS	A	0.22%	0.33%	0.22%
MSCI	C	0.06%	0.09%	0.06%
MSI	B	0.11%	0.37%	0.11%
MTB	A	0.05%	0.41%	0.05%
MU	D	0.14%	0.08%	0.08%
NDAQ	A	0.04%	0.19%	0.04%
NDSN	B	0.02%	0.08%	0.02%
NEE	D	0.21%	0.31%	0.21%
NFLX	A	0.47%	0.3%	0.3%
NI	A	0.02%	0.36%	0.02%
NKE	D	0.12%	0.14%	0.12%
NOC	D	0.09%	0.08%	0.08%
NOW	A	0.28%	0.29%	0.28%
NRG	B	0.03%	0.43%	0.03%
NSC	B	0.08%	0.09%	0.08%
NTAP	C	0.03%	0.16%	0.03%
NTRS	A	0.03%	0.31%	0.03%
NUE	C	0.05%	0.41%	0.05%
NVDA	C	4.67%	0.29%	0.29%
NVR	D	0.04%	0.23%	0.04%
NWSA	B	0.01%	0.18%	0.01%
O	D	0.07%	0.15%	0.07%
ODFL	B	0.05%	0.09%	0.05%
OKE	A	0.09%	0.31%	0.09%
OMC	C	0.03%	0.16%	0.03%
ON	D	0.04%	0.39%	0.04%
ORCL	B	0.39%	0.37%	0.37%
ORLY	B	0.09%	0.09%	0.09%
OTIS	C	0.05%	0.08%	0.05%
OXY	D	0.05%	0.42%	0.05%
PANW	C	0.17%	0.1%	0.1%
PAYX	C	0.06%	0.09%	0.06%
PCAR	B	0.08%	0.48%	0.08%
PCG	A	0.06%	0.27%	0.06%
PEG	A	0.06%	0.25%	0.06%
PEP	F	0.29%	0.08%	0.08%
PFG	D	0.02%	0.17%	0.02%
PGR	A	0.2%	0.43%	0.2%
PH	A	0.12%	0.37%	0.12%
PHM	D	0.04%	0.38%	0.04%
PKG	A	0.03%	0.28%	0.03%
PLTR	B	0.18%	0.7%	0.18%
PM	B	0.27%	0.37%	0.27%
PNC	B	0.11%	0.19%	0.11%
POOL	C	0.02%	0.08%	0.02%
PPG	F	0.04%	0.24%	0.04%
PPL	B	0.03%	0.26%	0.03%
PRU	A	0.06%	0.18%	0.06%
PSA	D	0.07%	0.24%	0.07%
PSX	C	0.07%	0.42%	0.07%
PWR	A	0.06%	0.47%	0.06%
PYPL	B	0.12%	0.18%	0.12%
RCL	A	0.07%	0.55%	0.07%
RF	A	0.03%	0.29%	0.03%
RJF	A	0.04%	0.23%	0.04%
RMD	C	0.05%	0.33%	0.05%
ROL	B	0.02%	0.08%	0.02%
ROST	C	0.06%	0.16%	0.06%
RSG	A	0.06%	0.09%	0.06%
RVTY	F	0.02%	0.07%	0.02%
SBAC	D	0.03%	0.08%	0.03%
SBUX	A	0.15%	0.09%	0.09%
SHW	A	0.12%	0.25%	0.12%
SLB	C	0.08%	0.44%	0.08%
SNA	A	0.03%	0.52%	0.03%
SO	D	0.13%	0.17%	0.13%
SPG	B	0.07%	0.18%	0.07%
SPGI	C	0.22%	0.25%	0.22%
SRE	A	0.08%	0.38%	0.08%
STLD	B	0.03%	0.47%	0.03%
STT	A	0.04%	0.28%	0.04%
STX	D	0.03%	0.22%	0.03%
SWKS	F	0.02%	0.36%	0.02%
SYF	B	0.03%	0.54%	0.03%
SYK	C	0.18%	0.09%	0.09%
SYY	B	0.05%	0.16%	0.05%
T	A	0.22%	0.44%	0.22%
TDG	D	0.09%	0.22%	0.09%
TDY	B	0.03%	0.27%	0.03%
TGT	F	0.09%	0.34%	0.09%
TJX	A	0.18%	0.26%	0.18%
TMO	F	0.26%	0.07%	0.07%
TMUS	B	0.15%	0.39%	0.15%
TRGP	B	0.06%	0.46%	0.06%
TROW	B	0.04%	0.46%	0.04%
TRV	B	0.08%	0.28%	0.08%
TSCO	D	0.04%	0.16%	0.04%
TSLA	B	1.19%	0.22%	0.22%
TSN	B	0.02%	0.18%	0.02%
TT	A	0.12%	0.45%	0.12%
TXT	D	0.02%	0.32%	0.02%
TYL	B	0.03%	0.26%	0.03%
UAL	A	0.04%	0.67%	0.04%
UBER	D	0.21%	0.16%	0.16%
ULTA	F	0.02%	0.31%	0.02%
UPS	C	0.13%	0.17%	0.13%
URI	B	0.07%	0.44%	0.07%
USB	A	0.1%	0.28%	0.1%
VICI	C	0.04%	0.08%	0.04%
VLO	C	0.06%	0.45%	0.06%
VLTO	D	0.03%	0.23%	0.03%
VRTX	F	0.16%	0.08%	0.08%
VST	B	0.07%	0.52%	0.07%
VTR	C	0.04%	0.34%	0.04%
VTRS	A	0.02%	0.38%	0.02%
VZ	C	0.23%	0.32%	0.23%
WAB	B	0.05%	0.46%	0.05%
WAT	B	0.03%	0.08%	0.03%
WEC	A	0.04%	0.26%	0.04%
WELL	A	0.11%	0.27%	0.11%
WFC	A	0.34%	0.44%	0.34%
WMB	A	0.09%	0.11%	0.09%
WRB	A	0.02%	0.18%	0.02%
WST	C	0.03%	0.09%	0.03%
WY	D	0.03%	0.16%	0.03%
XEL	A	0.05%	0.36%	0.05%
XOM	B	0.71%	0.43%	0.43%
XYL	D	0.04%	0.15%	0.04%
ZBH	C	0.03%	0.35%	0.03%
ZTS	D	0.11%	0.08%	0.08%

SSO Overweight 169 Positions Relative to FEX

Symbol	Grade	Weight
MSFT	F	4.13%
GOOG	C	1.12%
UNH	C	0.73%
V	A	0.69%
PG	A	0.53%
WMT	A	0.49%
CRM	B	0.42%
ABBV	D	0.39%
MRK	F	0.33%
ADBE	C	0.3%
LIN	D	0.29%
AMD	F	0.29%
INTU	C	0.26%
TXN	C	0.25%
QCOM	F	0.24%
RTX	C	0.21%
DHR	F	0.2%
HON	B	0.2%
AMAT	F	0.19%
PFE	D	0.19%
UNP	C	0.19%
BX	A	0.17%
SCHW	B	0.16%
ADP	B	0.16%
GILD	C	0.15%
BMY	B	0.15%
ADI	D	0.14%
BA	F	0.14%
PLD	D	0.14%
GEV	B	0.12%
LRCX	F	0.12%
MCK	B	0.11%
CDNS	B	0.11%
WM	A	0.11%
SNPS	B	0.11%
REGN	F	0.11%
CME	A	0.11%
MMM	D	0.1%
ITW	B	0.1%
CRWD	B	0.1%
ABNB	C	0.08%
ROP	B	0.08%
TFC	A	0.08%
CPRT	A	0.07%
NXPI	D	0.07%
DLR	B	0.07%
COR	B	0.06%
DFS	B	0.06%
AME	A	0.06%
KVUE	A	0.06%
FAST	B	0.06%
NEM	D	0.06%
FIS	C	0.06%
MCHP	D	0.05%
IDXX	F	0.05%
MLM	B	0.05%
GLW	B	0.05%
MNST	C	0.05%
LULU	C	0.05%
VMC	B	0.05%
A	D	0.05%
STZ	D	0.05%
YUM	B	0.05%
EA	A	0.05%
CBRE	B	0.05%
VRSK	A	0.05%
HES	B	0.05%
EW	C	0.05%
CHD	B	0.04%
TTWO	A	0.04%
CAH	B	0.04%
ANSS	B	0.04%
CSGP	D	0.04%
GPN	B	0.04%
DXCM	D	0.04%
WTW	B	0.04%
ROK	B	0.04%
INVH	D	0.03%
ZBRA	B	0.03%
WDC	D	0.03%
WBD	C	0.03%
K	A	0.03%
LDOS	C	0.03%
STE	F	0.03%
IFF	D	0.03%
ES	D	0.03%
PTC	A	0.03%
CDW	F	0.03%
MTD	D	0.03%
SW	A	0.03%
AIZ	A	0.02%
SJM	D	0.02%
BXP	D	0.02%
NCLH	B	0.02%
DAY	B	0.02%
EMN	D	0.02%
UHS	D	0.02%
JNPR	F	0.02%
REG	B	0.02%
INCY	C	0.02%
HST	C	0.02%
ALB	C	0.02%
ALLE	D	0.02%
KMX	B	0.02%
MRNA	F	0.02%
JKHY	D	0.02%
CPT	B	0.02%
CHRW	C	0.02%
DLTR	F	0.02%
SWK	D	0.02%
TPR	B	0.02%
UDR	B	0.02%
EPAM	C	0.02%
FFIV	B	0.02%
JBL	B	0.02%
EVRG	A	0.02%
AMCR	D	0.02%
EL	F	0.02%
DPZ	C	0.02%
VRSN	F	0.02%
ALGN	D	0.02%
MRO	B	0.02%
BAX	D	0.02%
TER	D	0.02%
TRMB	B	0.02%
PNR	A	0.02%
PODD	C	0.02%
FDS	B	0.02%
BALL	D	0.02%
FOX	A	0.01%
WBA	F	0.01%
QRVO	F	0.01%
PARA	C	0.01%
BEN	C	0.01%
FMC	D	0.01%
MHK	D	0.01%
DVA	B	0.01%
HII	D	0.01%
BWA	D	0.01%
MTCH	D	0.01%
IVZ	B	0.01%
CZR	F	0.01%
ENPH	F	0.01%
HAS	D	0.01%
APA	D	0.01%
RL	B	0.01%
MOS	F	0.01%
WYNN	D	0.01%
FRT	B	0.01%
MGM	D	0.01%
AOS	F	0.01%
HSIC	B	0.01%
TFX	F	0.01%
SOLV	C	0.01%
SMCI	F	0.01%
CRL	C	0.01%
GL	B	0.01%
MKTX	D	0.01%
AES	F	0.01%
LKQ	D	0.01%
IPG	D	0.01%
PNW	B	0.01%
TECH	D	0.01%
CTLT	B	0.01%
PAYC	B	0.01%
LW	C	0.01%
GNRC	B	0.01%
TAP	C	0.01%
NWS	B	0.0%

SSO Underweight 43 Positions Relative to FEX

Symbol	Grade	Weight
APP	B	-0.97%
VRT	B	-0.52%
EME	C	-0.49%
CVNA	B	-0.48%
OC	A	-0.47%
RS	B	-0.45%
HEI	B	-0.44%
BURL	A	-0.44%
TOL	B	-0.42%
CPNG	D	-0.42%
UTHR	C	-0.42%
DASH	A	-0.41%
TPL	A	-0.4%
FCNCA	A	-0.4%
LNG	B	-0.4%
RBLX	C	-0.39%
THC	D	-0.39%
HOOD	B	-0.38%
CRBG	B	-0.36%
LII	A	-0.35%
ALLY	C	-0.34%
ALNY	D	-0.29%
ZM	B	-0.29%
BAH	F	-0.29%
TTD	B	-0.27%
CASY	A	-0.27%
MANH	D	-0.25%
SSNC	B	-0.25%
APO	B	-0.22%
MSTR	C	-0.19%
RGA	A	-0.18%
WSO	A	-0.18%
CSL	C	-0.17%
FNF	B	-0.17%
COIN	C	-0.15%
WLK	D	-0.14%
RPM	A	-0.1%
ARES	A	-0.09%
MKL	A	-0.09%
RIVN	F	-0.08%
GLPI	C	-0.08%
BLD	D	-0.07%
WSM	B	-0.07%