UPRO vs. RAVI ETF Comparison

Comparison of ProShares UltraPro S&P 500 (UPRO) to FlexShares Ready Access Variable Income Fund (RAVI)

UPRO

ProShares UltraPro S&P 500

UPRO Description

The investment seeks daily investment results, before fees and expenses, that correspond to three times (3x) 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 three times (3x) 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

$93.94

Average Daily Volume

3,719,101

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

RAVI

FlexShares Ready Access Variable Income Fund

RAVI Description

The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve the investment objective by investing at least 65% of its total assets in a non-diversified portfolio of fixed income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed income securities and instruments of issuers in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.44

Average Daily Volume

72,378

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	UPRO	RAVI
30 Days	7.77%	0.41%
60 Days	11.23%	0.65%
90 Days	15.12%	1.23%
12 Months	96.42%	5.45%

78 Overlapping Holdings

Symbol	Grade	Weight in UPRO	Weight in RAVI	Overlap
ABBV	D	0.3%	0.13%	0.13%
AEE	A	0.03%	0.17%	0.03%
AEP	D	0.05%	0.38%	0.05%
AIG	B	0.05%	0.57%	0.05%
AMT	D	0.1%	0.13%	0.1%
AMZN	C	1.97%	0.42%	0.42%
AON	A	0.09%	0.46%	0.09%
AZO	C	0.05%	0.52%	0.05%
BA	F	0.11%	0.15%	0.11%
BAC	A	0.33%	0.57%	0.33%
BDX	F	0.07%	0.51%	0.07%
BMY	B	0.12%	0.43%	0.12%
C	A	0.14%	0.24%	0.14%
CAT	B	0.19%	0.26%	0.19%
CCI	D	0.05%	0.49%	0.05%
CFG	B	0.02%	0.29%	0.02%
CI	F	0.09%	0.67%	0.09%
CLX	B	0.02%	0.26%	0.02%
CMCSA	B	0.17%	0.28%	0.17%
CMS	C	0.02%	0.24%	0.02%
CNP	B	0.02%	0.2%	0.02%
COF	B	0.07%	0.06%	0.06%
CRM	B	0.33%	0.4%	0.33%
CVS	D	0.07%	0.16%	0.07%
CVX	A	0.29%	0.33%	0.29%
D	C	0.05%	0.51%	0.05%
DELL	C	0.04%	0.28%	0.04%
DHI	D	0.05%	0.13%	0.05%
DHR	F	0.15%	0.86%	0.15%
DTE	C	0.03%	0.77%	0.03%
DUK	C	0.09%	0.07%	0.07%
ED	D	0.03%	1.05%	0.03%
EFX	F	0.03%	0.1%	0.03%
ETR	B	0.03%	0.38%	0.03%
FIS	C	0.05%	0.23%	0.05%
FITB	A	0.03%	0.22%	0.03%
FOXA	B	0.01%	0.21%	0.01%
GE	D	0.2%	0.76%	0.2%
GILD	C	0.11%	0.59%	0.11%
GM	B	0.07%	0.1%	0.07%
GS	A	0.2%	0.26%	0.2%
HPE	B	0.03%	0.11%	0.03%
HRL	D	0.01%	0.07%	0.01%
ICE	C	0.09%	0.15%	0.09%
JPM	A	0.73%	0.03%	0.03%
KDP	D	0.03%	0.95%	0.03%
KEY	B	0.02%	0.16%	0.02%
LEN	D	0.04%	0.26%	0.04%
LUV	C	0.02%	0.18%	0.02%
LYB	F	0.02%	0.83%	0.02%
MCHP	D	0.04%	0.22%	0.04%
MDLZ	F	0.09%	0.09%	0.09%
MET	A	0.05%	0.13%	0.05%
MKC	D	0.02%	0.17%	0.02%
MLM	B	0.04%	0.28%	0.04%
MS	A	0.17%	0.06%	0.06%
NDAQ	A	0.03%	0.31%	0.03%
NEE	D	0.16%	0.57%	0.16%
NVDA	C	3.64%	0.52%	0.52%
OTIS	C	0.04%	0.95%	0.04%
PCAR	B	0.06%	0.05%	0.05%
PPL	B	0.03%	0.22%	0.03%
PSX	C	0.06%	0.16%	0.06%
PYPL	B	0.09%	0.95%	0.09%
ROP	B	0.06%	0.07%	0.06%
SBUX	A	0.12%	0.18%	0.12%
SCHW	B	0.13%	0.42%	0.13%
SJM	D	0.01%	0.57%	0.01%
SO	D	0.1%	0.26%	0.1%
SYK	C	0.14%	0.49%	0.14%
T	A	0.17%	0.3%	0.17%
TFC	A	0.07%	0.59%	0.07%
TSN	B	0.02%	0.7%	0.02%
UNH	C	0.57%	0.43%	0.43%
VLO	C	0.05%	1.51%	0.05%
VZ	C	0.18%	0.1%	0.1%
WFC	A	0.26%	0.26%	0.26%
WM	A	0.08%	0.69%	0.08%

UPRO Overweight 421 Positions Relative to RAVI

Symbol	Grade	Weight
AAPL	C	3.57%
MSFT	F	3.22%
META	D	1.26%
GOOGL	C	1.05%
TSLA	B	0.93%
BRK.A	B	0.9%
GOOG	C	0.87%
AVGO	D	0.8%
LLY	F	0.61%
XOM	B	0.55%
V	A	0.54%
MA	C	0.45%
PG	A	0.42%
COST	B	0.42%
HD	A	0.42%
JNJ	D	0.39%
WMT	A	0.38%
NFLX	A	0.37%
ORCL	B	0.31%
KO	D	0.25%
MRK	F	0.25%
CSCO	B	0.24%
LIN	D	0.23%
PEP	F	0.23%
AMD	F	0.23%
ACN	C	0.23%
ADBE	C	0.23%
DIS	B	0.22%
NOW	A	0.22%
MCD	D	0.22%
PM	B	0.21%
ABT	B	0.21%
IBM	C	0.2%
INTU	C	0.2%
TMO	F	0.2%
QCOM	F	0.19%
TXN	C	0.19%
ISRG	A	0.19%
SPGI	C	0.17%
AXP	A	0.17%
BKNG	A	0.17%
HON	B	0.16%
PGR	A	0.16%
AMGN	D	0.16%
LOW	D	0.16%
UBER	D	0.16%
RTX	C	0.16%
AMAT	F	0.15%
PFE	D	0.15%
ETN	A	0.15%
UNP	C	0.15%
BLK	C	0.15%
COP	C	0.14%
BX	A	0.14%
PLTR	B	0.14%
TJX	A	0.14%
VRTX	F	0.13%
FI	A	0.13%
ADP	B	0.13%
PANW	C	0.13%
BSX	B	0.13%
MDT	D	0.12%
LMT	D	0.12%
TMUS	B	0.12%
KKR	A	0.11%
DE	A	0.11%
ADI	D	0.11%
INTC	D	0.11%
PLD	D	0.11%
MU	D	0.11%
CB	C	0.11%
MMC	B	0.11%
LRCX	F	0.1%
TT	A	0.1%
NKE	D	0.1%
ELV	F	0.1%
MO	A	0.1%
ANET	C	0.1%
UPS	C	0.1%
MSI	B	0.09%
PNC	B	0.09%
KLAC	D	0.09%
APH	A	0.09%
EQIX	A	0.09%
SHW	A	0.09%
PH	A	0.09%
GEV	B	0.09%
EMR	A	0.08%
ITW	B	0.08%
CTAS	B	0.08%
MCO	B	0.08%
GD	F	0.08%
CL	D	0.08%
EOG	A	0.08%
CRWD	B	0.08%
USB	A	0.08%
MCK	B	0.08%
WELL	A	0.08%
ZTS	D	0.08%
CDNS	B	0.08%
SNPS	B	0.08%
CMG	B	0.08%
REGN	F	0.08%
CME	A	0.08%
CARR	D	0.07%
HCA	F	0.07%
OKE	A	0.07%
ADSK	A	0.07%
AJG	B	0.07%
MAR	B	0.07%
FDX	B	0.07%
NOC	D	0.07%
CSX	B	0.07%
WMB	A	0.07%
CEG	D	0.07%
APD	A	0.07%
TGT	F	0.07%
TDG	D	0.07%
ORLY	B	0.07%
MMM	D	0.07%
RCL	A	0.06%
AMP	A	0.06%
NXPI	D	0.06%
SPG	B	0.06%
DLR	B	0.06%
URI	B	0.06%
AFL	B	0.06%
JCI	C	0.06%
FICO	B	0.06%
BK	A	0.06%
ABNB	C	0.06%
SRE	A	0.06%
NSC	B	0.06%
TRV	B	0.06%
FTNT	C	0.06%
HLT	A	0.06%
SLB	C	0.06%
FCX	D	0.06%
ECL	D	0.06%
DFS	B	0.05%
PEG	A	0.05%
AME	A	0.05%
PCG	A	0.05%
KMB	D	0.05%
PRU	A	0.05%
KVUE	A	0.05%
PAYX	C	0.05%
HWM	A	0.05%
FAST	B	0.05%
ROST	C	0.05%
LHX	C	0.05%
MSCI	C	0.05%
NEM	D	0.05%
PWR	A	0.05%
VST	B	0.05%
O	D	0.05%
CMI	A	0.05%
CPRT	A	0.05%
ALL	A	0.05%
GWW	B	0.05%
PSA	D	0.05%
MPC	D	0.05%
KMI	A	0.05%
OXY	D	0.04%
IRM	D	0.04%
WAB	B	0.04%
DD	D	0.04%
RMD	C	0.04%
HIG	B	0.04%
IDXX	F	0.04%
EXR	D	0.04%
NUE	C	0.04%
NVR	D	0.04%
GIS	D	0.04%
GLW	B	0.04%
MTB	A	0.04%
HPQ	B	0.04%
MNST	C	0.04%
LULU	C	0.04%
SYY	B	0.04%
VMC	B	0.04%
A	D	0.04%
STZ	D	0.04%
GEHC	F	0.04%
YUM	B	0.04%
CHTR	C	0.04%
ACGL	D	0.04%
CTVA	C	0.04%
CTSH	B	0.04%
KR	B	0.04%
XEL	A	0.04%
EA	A	0.04%
EXC	C	0.04%
CBRE	B	0.04%
VRSK	A	0.04%
HES	B	0.04%
IT	C	0.04%
ODFL	B	0.04%
EW	C	0.04%
DAL	C	0.04%
IR	B	0.04%
COR	B	0.04%
RSG	A	0.04%
BKR	B	0.04%
TRGP	B	0.04%
F	C	0.04%
AXON	A	0.04%
DVN	F	0.03%
NTAP	C	0.03%
RF	A	0.03%
CCL	B	0.03%
MTD	D	0.03%
EQR	B	0.03%
HSY	F	0.03%
TYL	B	0.03%
EQT	B	0.03%
VLTO	D	0.03%
CPAY	A	0.03%
SW	A	0.03%
ADM	D	0.03%
HBAN	A	0.03%
SYF	B	0.03%
GDDY	A	0.03%
BRO	B	0.03%
KEYS	A	0.03%
HAL	C	0.03%
AWK	D	0.03%
VTR	C	0.03%
FTV	C	0.03%
TROW	B	0.03%
CHD	B	0.03%
BR	A	0.03%
PHM	D	0.03%
DECK	A	0.03%
KHC	F	0.03%
DOV	A	0.03%
ON	D	0.03%
MPWR	F	0.03%
STT	A	0.03%
PPG	F	0.03%
CAH	B	0.03%
ANSS	B	0.03%
TTWO	A	0.03%
CSGP	D	0.03%
GPN	B	0.03%
XYL	D	0.03%
TSCO	D	0.03%
RJF	A	0.03%
UAL	A	0.03%
EBAY	D	0.03%
CNC	D	0.03%
DXCM	D	0.03%
DOW	F	0.03%
WEC	A	0.03%
WTW	B	0.03%
GRMN	B	0.03%
EIX	B	0.03%
AVB	B	0.03%
ROK	B	0.03%
FANG	D	0.03%
VICI	C	0.03%
HUM	C	0.03%
IQV	D	0.03%
JBL	B	0.02%
EVRG	A	0.02%
DOC	D	0.02%
AMCR	D	0.02%
JBHT	C	0.02%
EL	F	0.02%
L	A	0.02%
DPZ	C	0.02%
VRSN	F	0.02%
VTRS	A	0.02%
LNT	A	0.02%
CF	B	0.02%
ALGN	D	0.02%
TXT	D	0.02%
MRO	B	0.02%
EG	C	0.02%
AVY	D	0.02%
GEN	B	0.02%
BAX	D	0.02%
NI	A	0.02%
ARE	D	0.02%
DG	F	0.02%
TER	D	0.02%
KIM	A	0.02%
LVS	C	0.02%
EXPD	D	0.02%
GPC	D	0.02%
IEX	B	0.02%
MAS	D	0.02%
TRMB	B	0.02%
MOH	F	0.02%
J	F	0.02%
PNR	A	0.02%
ULTA	F	0.02%
DGX	A	0.02%
BBY	D	0.02%
WRB	A	0.02%
HOLX	D	0.02%
PFG	D	0.02%
PODD	C	0.02%
FDS	B	0.02%
BALL	D	0.02%
MAA	B	0.02%
SNA	A	0.02%
CTRA	B	0.02%
OMC	C	0.02%
NRG	B	0.02%
ESS	B	0.02%
INVH	D	0.02%
ZBRA	B	0.02%
DRI	B	0.02%
LH	C	0.02%
IP	B	0.02%
STLD	B	0.02%
LYV	A	0.02%
STX	D	0.02%
FSLR	F	0.02%
WDC	D	0.02%
WBD	C	0.02%
BLDR	D	0.02%
CBOE	B	0.02%
PKG	A	0.02%
FE	C	0.02%
K	A	0.02%
NTRS	A	0.02%
WAT	B	0.02%
STE	F	0.02%
LDOS	C	0.02%
IFF	D	0.02%
ES	D	0.02%
TDY	B	0.02%
WY	D	0.02%
EXPE	B	0.02%
ATO	A	0.02%
PTC	A	0.02%
ZBH	C	0.02%
WST	C	0.02%
HUBB	B	0.02%
BIIB	F	0.02%
SBAC	D	0.02%
CDW	F	0.02%
CINF	A	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%
CE	F	0.01%
HAS	D	0.01%
RL	B	0.01%
APA	D	0.01%
MOS	F	0.01%
FRT	B	0.01%
WYNN	D	0.01%
CPB	D	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%
AES	F	0.01%
LKQ	D	0.01%
MKTX	D	0.01%
IPG	D	0.01%
ERIE	D	0.01%
PNW	B	0.01%
TECH	D	0.01%
CTLT	B	0.01%
NWSA	B	0.01%
LW	C	0.01%
PAYC	B	0.01%
TAP	C	0.01%
GNRC	B	0.01%
AIZ	A	0.01%
BXP	D	0.01%
NCLH	B	0.01%
DAY	B	0.01%
EMN	D	0.01%
JNPR	F	0.01%
REG	B	0.01%
ALLE	D	0.01%
HST	C	0.01%
INCY	C	0.01%
UHS	D	0.01%
KMX	B	0.01%
ALB	C	0.01%
MRNA	F	0.01%
JKHY	D	0.01%
CPT	B	0.01%
BG	F	0.01%
CAG	D	0.01%
DLTR	F	0.01%
CHRW	C	0.01%
SWK	D	0.01%
TPR	B	0.01%
AKAM	D	0.01%
UDR	B	0.01%
SWKS	F	0.01%
EPAM	C	0.01%
RVTY	F	0.01%
POOL	C	0.01%
NDSN	B	0.01%
APTV	D	0.01%
ROL	B	0.01%
FFIV	B	0.01%
NWS	B	0.0%

UPRO Underweight 23 Positions Relative to RAVI

Symbol	Grade	Weight
OGS	A	-1.05%
CM	A	-0.62%
GP	F	-0.59%
BNS	A	-0.52%
TD	F	-0.51%
RY	A	-0.51%
VFC	C	-0.39%
OGE	B	-0.39%
ARCC	A	-0.3%
HSBC	B	-0.29%
DB	D	-0.28%
CP	D	-0.27%
ATHS	C	-0.26%
AL	B	-0.25%
NYC	D	-0.21%
BHF	B	-0.17%
SEB	F	-0.16%
UBS	C	-0.16%
AZN	D	-0.15%
NWG	C	-0.15%
MUFG	B	-0.14%
CNH	C	-0.13%
R	B	-0.08%