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CTEX vs SMN

ProShares S&P Kensho Cleantech ETF vs ProShares UltraShort Materials

CTEX

ProShares S&P Kensho Cleantech ETF

Annual cost

0.58%

Fund size

$7M

SMN

ProShares UltraShort Materials

Annual cost

0.95%

Fund size

$3M

Key differences

Both CTEX and SMN are equity ETFs. CTEX charges 0.58% a year and SMN 0.95%. The main difference: CTEX follows a index tracking strategy; SMN uses inverse.

  • CTEX follows a index tracking strategy; SMN uses inverse.
  • CTEX costs 0.37% less per year.
  • Over the last three years, CTEX has delivered higher annualized returns.
  • SMN has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CTEXSMN
Annual cost (TER)0.58%0.95%
Fund size (AUM)$7M$3M
Since20212007
Dividend yield1.50%4.53%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackinginverse
CAGR 1Y+126.4%-24.6%
CAGR 3Y+12.9%-17.3%
CAGR 5YN/A-12.9%
Sharpe 3Y0.41-0.48
Volatility 1Y43.31%34.16%
Max drawdown-70.30%-95.39%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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