XLK vs. REW ETF Comparison

Comparison of SPDR Select Sector Fund - Technology (XLK) to ProShares UltraShort Technology (REW)

XLK

SPDR Select Sector Fund - Technology

XLK Description

The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Technology Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$198.71

Average Daily Volume

6,786,550

Number of Holdings ^*

* may have additional holdings in another (foreign) market

REW

ProShares UltraShort Technology

REW 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. TechnologySM 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 technology sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$14.95

Average Daily Volume

16,930

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XLK	REW
30 Days	-6.09%	13.89%
60 Days	-3.82%	8.74%
90 Days	-2.85%	6.18%
12 Months	35.09%	-44.36%

50 Overlapping Holdings

Symbol	Grade	Weight in XLK	Weight in REW	Overlap
AAPL	F	20.12%	18.06%	18.06%
ADBE	F	2.32%	2.51%	2.32%
ADI	D	1.03%	0.65%	0.65%
ADSK	F	0.54%	0.63%	0.54%
AKAM	F	0.17%	0.23%	0.17%
AMAT	D	1.87%	0.86%	0.86%
AMD	D	2.83%	0.84%	0.84%
ANET	D	0.72%	0.18%	0.18%
ANSS	D	0.31%	0.34%	0.31%
AVGO	D	4.63%	1.82%	1.82%
CDNS	D	0.9%	0.31%	0.31%
CDW	D	0.35%	0.29%	0.29%
CRM	D	2.88%	2.4%	2.4%
CSCO	D	2.14%	3.09%	2.14%
CTSH	D	0.37%	0.51%	0.37%
EPAM	F	0.16%	0.19%	0.16%
FFIV	D	0.12%	0.12%	0.12%
FICO	C	0.31%	0.17%	0.17%
FTNT	D	0.45%	0.25%	0.25%
HPE	B	0.24%	0.29%	0.24%
HPQ	D	0.27%	0.48%	0.27%
IBM	D	1.81%	1.82%	1.81%
INTC	F	1.67%	3.85%	1.67%
INTU	C	1.87%	1.09%	1.09%
IT	D	0.39%	0.21%	0.21%
JNPR	D	0.13%	0.12%	0.12%
KLAC	D	1.0%	0.42%	0.42%
LRCX	D	1.35%	0.66%	0.66%
MCHP	C	0.51%	0.39%	0.39%
MPWR	D	0.34%	0.11%	0.11%
MSFT	D	23.33%	17.29%	17.29%
MSI	A	0.61%	0.45%	0.45%
MU	B	1.46%	0.95%	0.95%
NOW	D	1.65%	0.87%	0.87%
NTAP	B	0.23%	0.21%	0.21%
NVDA	B	4.43%	2.26%	2.26%
ON	F	0.31%	0.15%	0.15%
ORCL	D	2.09%	1.77%	1.77%
PANW	C	0.94%	0.35%	0.35%
PTC	C	0.23%	0.12%	0.12%
QCOM	B	2.07%	1.63%	1.63%
QRVO	D	0.12%	0.2%	0.12%
SNPS	D	0.91%	0.34%	0.34%
STX	C	0.18%	0.21%	0.18%
SWKS	D	0.18%	0.31%	0.18%
TER	D	0.17%	0.17%	0.17%
TXN	D	1.65%	1.83%	1.65%
TYL	C	0.18%	0.18%	0.18%
VRSN	F	0.18%	0.33%	0.18%
WDC	B	0.25%	0.3%	0.25%

XLK Overweight 14 Positions Relative to REW

Symbol	Grade	Weight
ACN	F	2.14%
APH	A	0.74%
NXPI	D	0.65%
ROP	C	0.62%
TEL	A	0.48%
SMCI	D	0.48%
KEYS	D	0.29%
GLW	C	0.26%
FSLR	A	0.21%
TDY	D	0.21%
JBL	F	0.18%
ENPH	D	0.17%
ZBRA	D	0.16%
TRMB	C	0.16%

XLK Underweight 38 Positions Relative to REW

Symbol	Grade	Weight
GOOGL	A	-5.25%
GOOG	A	-5.24%
META	B	-4.46%
WDAY	D	-0.44%
EBAY	A	-0.41%
IAC	D	-0.3%
VEEV	D	-0.29%
MRVL	D	-0.28%
PAYC	D	-0.22%
TWLO	D	-0.22%
SNAP	C	-0.22%
SSNC	C	-0.21%
OKTA	D	-0.21%
GRMN	A	-0.21%
RNG	F	-0.21%
LDOS	B	-0.2%
LUMN	D	-0.2%
GDDY	A	-0.19%
BAH	B	-0.17%
TTD	D	-0.17%
DOX	D	-0.15%
DXC	C	-0.14%
GWRE	C	-0.14%
AZPN	B	-0.14%
OLED	F	-0.13%
DOCU	B	-0.13%
DELL	A	-0.12%
HUBS	A	-0.11%
DAY	F	-0.11%
ENTG	D	-0.11%
CIEN	F	-0.1%
CACI	A	-0.1%
XRX	F	-0.1%
LITE	F	-0.09%
SNX	A	-0.09%
Z	D	-0.09%
ETSY	D	-0.09%
MKSI	D	-0.09%