SSO vs. FXL ETF Comparison

Comparison of ProShares Ultra S&P500 (SSO) to First Trust Technology AlphaDEX (FXL)

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

$97.16

Average Daily Volume

2,133,850

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

FXL

First Trust Technology AlphaDEX

FXL 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 StrataQuant(R) Technology 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 NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector 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

$155.35

Average Daily Volume

17,621

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	SSO	FXL
30 Days	5.74%	9.72%
60 Days	7.62%	11.70%
90 Days	11.68%	14.15%
12 Months	62.98%	32.14%

51 Overlapping Holdings

Symbol	Grade	Weight in SSO	Weight in FXL	Overlap
AAPL	B	4.58%	0.91%	0.91%
ADI	D	0.14%	0.27%	0.14%
ADSK	B	0.09%	0.66%	0.09%
AKAM	F	0.02%	1.04%	0.02%
AMAT	F	0.19%	0.86%	0.19%
AMD	F	0.29%	0.25%	0.25%
ANSS	B	0.04%	0.32%	0.04%
APH	B	0.11%	0.66%	0.11%
AVGO	D	1.03%	1.17%	1.03%
CDW	F	0.03%	0.24%	0.03%
CRM	B	0.42%	0.72%	0.42%
CRWD	B	0.1%	0.36%	0.1%
CTSH	B	0.05%	1.63%	0.05%
DAY	A	0.02%	0.74%	0.02%
DELL	C	0.05%	1.06%	0.05%
EPAM	C	0.02%	1.15%	0.02%
FFIV	A	0.02%	1.03%	0.02%
FTNT	C	0.08%	1.44%	0.08%
GDDY	B	0.03%	1.4%	0.03%
GEN	A	0.02%	0.32%	0.02%
GLW	B	0.05%	0.31%	0.05%
GOOGL	C	1.35%	0.63%	0.63%
HPE	B	0.04%	1.62%	0.04%
HPQ	B	0.05%	1.21%	0.05%
IBM	C	0.25%	0.56%	0.25%
INTC	C	0.14%	1.26%	0.14%
IT	C	0.05%	0.99%	0.05%
JBL	C	0.02%	1.28%	0.02%
KLAC	F	0.11%	0.25%	0.11%
MCHP	F	0.05%	0.48%	0.05%
META	D	1.62%	1.57%	1.57%
MPWR	F	0.04%	0.74%	0.04%
MSFT	D	4.13%	0.29%	0.29%
MTCH	F	0.01%	0.77%	0.01%
MU	D	0.14%	0.28%	0.14%
NOW	B	0.28%	1.38%	0.28%
NTAP	C	0.03%	0.89%	0.03%
NVDA	C	4.67%	1.43%	1.43%
ON	C	0.04%	1.44%	0.04%
ORCL	C	0.39%	1.3%	0.39%
PANW	C	0.17%	1.08%	0.17%
PAYC	A	0.01%	1.6%	0.01%
PLTR	B	0.18%	2.47%	0.18%
QCOM	F	0.24%	0.9%	0.24%
ROP	B	0.08%	0.6%	0.08%
SMCI	D	0.01%	0.26%	0.01%
SWKS	F	0.02%	1.32%	0.02%
TER	F	0.02%	0.47%	0.02%
TXN	D	0.25%	0.59%	0.25%
TYL	A	0.03%	1.25%	0.03%
VRSN	F	0.02%	0.57%	0.02%

SSO Overweight 448 Positions Relative to FXL

Symbol	Grade	Weight
AMZN	C	2.53%
TSLA	B	1.19%
BRK.A	B	1.15%
GOOG	C	1.12%
JPM	B	0.93%
LLY	F	0.79%
UNH	B	0.73%
XOM	C	0.71%
V	A	0.69%
MA	B	0.58%
COST	B	0.54%
HD	A	0.54%
PG	A	0.53%
JNJ	D	0.5%
WMT	B	0.49%
NFLX	B	0.47%
BAC	A	0.42%
ABBV	D	0.39%
CVX	B	0.37%
WFC	A	0.34%
MRK	F	0.33%
KO	D	0.32%
CSCO	A	0.31%
ACN	B	0.3%
ADBE	C	0.3%
LIN	D	0.29%
PEP	F	0.29%
DIS	B	0.28%
MCD	D	0.28%
PM	B	0.27%
ABT	B	0.27%
GE	D	0.26%
INTU	C	0.26%
TMO	F	0.26%
CAT	B	0.25%
ISRG	C	0.25%
GS	B	0.25%
VZ	B	0.23%
SPGI	C	0.22%
AXP	A	0.22%
T	A	0.22%
CMCSA	C	0.22%
BKNG	B	0.22%
MS	B	0.22%
LOW	C	0.21%
UBER	D	0.21%
NEE	D	0.21%
RTX	D	0.21%
BLK	C	0.2%
DHR	D	0.2%
HON	B	0.2%
PGR	A	0.2%
AMGN	D	0.2%
PFE	D	0.19%
ETN	A	0.19%
UNP	C	0.19%
C	A	0.18%
SYK	C	0.18%
TJX	A	0.18%
BSX	C	0.17%
COP	D	0.17%
BX	B	0.17%
VRTX	D	0.16%
SCHW	A	0.16%
ADP	B	0.16%
FI	A	0.16%
MMC	A	0.15%
GILD	B	0.15%
SBUX	B	0.15%
MDT	D	0.15%
LMT	D	0.15%
BMY	B	0.15%
TMUS	A	0.15%
KKR	B	0.14%
DE	B	0.14%
BA	D	0.14%
PLD	D	0.14%
CB	D	0.14%
MO	A	0.13%
SO	D	0.13%
ANET	C	0.13%
UPS	C	0.13%
MDLZ	F	0.12%
DUK	C	0.12%
PYPL	A	0.12%
SHW	A	0.12%
ICE	D	0.12%
PH	A	0.12%
CI	D	0.12%
GEV	C	0.12%
LRCX	F	0.12%
AMT	D	0.12%
TT	B	0.12%
NKE	F	0.12%
ELV	F	0.12%
MCK	C	0.11%
WELL	C	0.11%
ZTS	D	0.11%
CDNS	B	0.11%
WM	A	0.11%
SNPS	B	0.11%
REGN	F	0.11%
CMG	B	0.11%
CME	A	0.11%
MSI	C	0.11%
AON	A	0.11%
PNC	A	0.11%
EQIX	A	0.11%
MMM	D	0.1%
EMR	A	0.1%
ITW	A	0.1%
CTAS	B	0.1%
MCO	A	0.1%
GD	F	0.1%
CL	D	0.1%
EOG	C	0.1%
USB	A	0.1%
HCA	F	0.09%
GM	B	0.09%
OKE	C	0.09%
AJG	A	0.09%
BDX	F	0.09%
MAR	A	0.09%
FDX	B	0.09%
CVS	D	0.09%
NOC	D	0.09%
CSX	B	0.09%
WMB	B	0.09%
CEG	D	0.09%
ORLY	B	0.09%
TDG	D	0.09%
TGT	F	0.09%
APD	A	0.09%
COF	B	0.09%
AFL	B	0.08%
JCI	C	0.08%
BK	A	0.08%
ABNB	C	0.08%
SRE	A	0.08%
PCAR	B	0.08%
NSC	A	0.08%
TRV	B	0.08%
HLT	A	0.08%
SLB	C	0.08%
FCX	F	0.08%
ECL	D	0.08%
TFC	B	0.08%
CARR	C	0.08%
AIG	B	0.07%
VST	B	0.07%
MET	A	0.07%
O	D	0.07%
CMI	A	0.07%
CPRT	A	0.07%
AEP	D	0.07%
ALL	B	0.07%
GWW	A	0.07%
KMI	B	0.07%
MPC	F	0.07%
PSA	C	0.07%
AZO	C	0.07%
PSX	C	0.07%
RCL	B	0.07%
AMP	B	0.07%
SPG	C	0.07%
NXPI	D	0.07%
DLR	A	0.07%
FICO	B	0.07%
URI	B	0.07%
IR	A	0.06%
COR	C	0.06%
RSG	A	0.06%
BKR	C	0.06%
F	C	0.06%
TRGP	B	0.06%
AXON	B	0.06%
DFS	B	0.06%
PEG	A	0.06%
AME	A	0.06%
VLO	C	0.06%
PCG	B	0.06%
CCI	D	0.06%
KMB	C	0.06%
PRU	A	0.06%
KVUE	A	0.06%
HWM	B	0.06%
PAYX	B	0.06%
MSCI	C	0.06%
LHX	C	0.06%
FAST	B	0.06%
ROST	C	0.06%
NEM	F	0.06%
DHI	D	0.06%
PWR	A	0.06%
FIS	D	0.06%
D	C	0.06%
OXY	F	0.05%
IRM	C	0.05%
DD	D	0.05%
WAB	B	0.05%
RMD	C	0.05%
HIG	B	0.05%
IDXX	F	0.05%
EXR	C	0.05%
NUE	D	0.05%
GIS	D	0.05%
MLM	B	0.05%
MTB	B	0.05%
MNST	B	0.05%
LULU	C	0.05%
SYY	C	0.05%
VMC	B	0.05%
A	D	0.05%
STZ	D	0.05%
GEHC	F	0.05%
YUM	B	0.05%
CHTR	C	0.05%
ACGL	D	0.05%
CTVA	B	0.05%
KR	A	0.05%
XEL	A	0.05%
EA	C	0.05%
EXC	D	0.05%
CBRE	B	0.05%
OTIS	C	0.05%
VRSK	A	0.05%
HES	C	0.05%
ODFL	B	0.05%
EW	C	0.05%
LEN	C	0.05%
DAL	B	0.05%
HAL	C	0.04%
FTV	B	0.04%
VTR	D	0.04%
TROW	A	0.04%
BR	A	0.04%
CHD	B	0.04%
DECK	A	0.04%
PHM	C	0.04%
KHC	D	0.04%
DOV	A	0.04%
NVR	D	0.04%
STT	A	0.04%
PPG	D	0.04%
TTWO	B	0.04%
CAH	B	0.04%
CSGP	C	0.04%
GPN	C	0.04%
XYL	D	0.04%
TSCO	C	0.04%
RJF	A	0.04%
UAL	B	0.04%
EBAY	C	0.04%
CNC	F	0.04%
DXCM	C	0.04%
EFX	D	0.04%
DOW	F	0.04%
WEC	A	0.04%
FITB	B	0.04%
WTW	B	0.04%
ETR	B	0.04%
GRMN	A	0.04%
EIX	A	0.04%
ROK	B	0.04%
AVB	B	0.04%
NDAQ	A	0.04%
FANG	F	0.04%
VICI	C	0.04%
HUM	C	0.04%
IQV	F	0.04%
ED	D	0.04%
KDP	D	0.04%
SNA	A	0.03%
CTRA	B	0.03%
OMC	C	0.03%
NRG	C	0.03%
INVH	D	0.03%
ESS	B	0.03%
LUV	B	0.03%
LH	B	0.03%
DRI	B	0.03%
ZBRA	A	0.03%
STLD	B	0.03%
IP	B	0.03%
CNP	A	0.03%
LYV	A	0.03%
STX	D	0.03%
CMS	C	0.03%
FSLR	F	0.03%
WDC	C	0.03%
BLDR	C	0.03%
WBD	C	0.03%
CLX	C	0.03%
CFG	B	0.03%
CBOE	B	0.03%
PKG	B	0.03%
FE	D	0.03%
WAT	B	0.03%
LYB	F	0.03%
K	A	0.03%
LDOS	D	0.03%
NTRS	A	0.03%
STE	F	0.03%
TDY	B	0.03%
IFF	D	0.03%
ES	D	0.03%
WY	D	0.03%
ATO	A	0.03%
EXPE	B	0.03%
WST	C	0.03%
PTC	A	0.03%
ZBH	C	0.03%
BIIB	F	0.03%
HUBB	B	0.03%
CINF	A	0.03%
SBAC	D	0.03%
DVN	F	0.03%
RF	B	0.03%
AEE	A	0.03%
CCL	B	0.03%
DTE	C	0.03%
PPL	B	0.03%
MTD	F	0.03%
EQR	B	0.03%
HSY	F	0.03%
CPAY	A	0.03%
VLTO	C	0.03%
EQT	B	0.03%
SW	B	0.03%
ADM	F	0.03%
SYF	A	0.03%
HBAN	B	0.03%
BRO	B	0.03%
KEYS	B	0.03%
AWK	D	0.03%
AIZ	B	0.02%
SJM	D	0.02%
BXP	D	0.02%
NCLH	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%
CAG	D	0.02%
BG	F	0.02%
CHRW	C	0.02%
DLTR	D	0.02%
SWK	D	0.02%
TPR	A	0.02%
UDR	B	0.02%
RVTY	D	0.02%
POOL	C	0.02%
NDSN	B	0.02%
ROL	B	0.02%
APTV	F	0.02%
EVRG	A	0.02%
DOC	C	0.02%
JBHT	C	0.02%
AMCR	D	0.02%
EL	F	0.02%
DPZ	C	0.02%
L	B	0.02%
VTRS	B	0.02%
LNT	A	0.02%
CF	B	0.02%
ALGN	D	0.02%
TXT	D	0.02%
AVY	D	0.02%
MRO	B	0.02%
EG	C	0.02%
BAX	F	0.02%
NI	A	0.02%
ARE	D	0.02%
DG	F	0.02%
KIM	A	0.02%
LVS	C	0.02%
EXPD	C	0.02%
GPC	D	0.02%
MAS	C	0.02%
TRMB	B	0.02%
IEX	B	0.02%
MOH	F	0.02%
ULTA	F	0.02%
J	F	0.02%
PNR	B	0.02%
KEY	A	0.02%
DGX	B	0.02%
BBY	D	0.02%
WRB	A	0.02%
HOLX	D	0.02%
PODD	B	0.02%
TSN	B	0.02%
FDS	B	0.02%
PFG	C	0.02%
MAA	B	0.02%
BALL	D	0.02%
MKC	D	0.02%
FOX	B	0.01%
WBA	D	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	F	0.01%
BWA	C	0.01%
IVZ	B	0.01%
CZR	D	0.01%
CE	F	0.01%
ENPH	F	0.01%
HAS	D	0.01%
APA	F	0.01%
RL	B	0.01%
MOS	F	0.01%
WYNN	D	0.01%
HRL	D	0.01%
CPB	D	0.01%
FRT	A	0.01%
MGM	F	0.01%
AOS	D	0.01%
HSIC	B	0.01%
TFX	F	0.01%
SOLV	C	0.01%
CRL	C	0.01%
GL	C	0.01%
MKTX	D	0.01%
AES	F	0.01%
LKQ	D	0.01%
ERIE	D	0.01%
IPG	C	0.01%
FOXA	C	0.01%
PNW	B	0.01%
TECH	C	0.01%
CTLT	B	0.01%
NWSA	B	0.01%
LW	C	0.01%
GNRC	B	0.01%
TAP	C	0.01%
NWS	B	0.0%

SSO Underweight 51 Positions Relative to FXL

Symbol	Grade	Weight
APP	B	-3.39%
TOST	B	-2.22%
VRT	B	-1.89%
DASH	A	-1.89%
PEGA	A	-1.88%
GWRE	B	-1.66%
GFS	C	-1.65%
DXC	B	-1.62%
SMAR	A	-1.57%
IPGP	D	-1.57%
DOCU	A	-1.53%
AVT	C	-1.52%
ZM	B	-1.4%
TWLO	B	-1.39%
ARW	D	-1.35%
AMKR	F	-1.32%
DNB	B	-1.27%
CNXC	F	-1.21%
DT	C	-1.19%
MANH	C	-1.18%
DOX	D	-1.16%
MSTR	C	-1.15%
SNX	C	-1.14%
NTNX	B	-1.12%
RNG	B	-1.08%
S	B	-1.07%
DBX	C	-1.01%
CRUS	F	-0.97%
SSNC	A	-0.93%
HCP	B	-0.93%
CACI	D	-0.91%
DLB	B	-0.89%
SAIC	F	-0.84%
DV	C	-0.71%
GLOB	B	-0.68%
LSCC	D	-0.57%
KBR	F	-0.55%
IAC	D	-0.52%
U	C	-0.49%
OLED	F	-0.47%
ONTO	F	-0.47%
PYCR	C	-0.36%
KD	B	-0.36%
GTLB	C	-0.35%
NET	B	-0.34%
DDOG	A	-0.34%
WDAY	C	-0.33%
INFA	D	-0.3%
APPF	B	-0.29%
PSTG	D	-0.29%
ALGM	D	-0.25%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Computer Systems Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Hardware Conglomerates Consumer Electronics Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction