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SMN vs MXI

ProShares UltraShort Materials vs iShares Global Materials ETF

SMN

ProShares UltraShort Materials

ProShares

Annual cost

0.95%

Fund size

$3M

MXI

iShares Global Materials ETF

iShares

Annual cost

0.39%

Fund size

$325M

Key differences

  • MXI costs 0.56% less per year.
  • MXI is significantly larger than SMN — larger funds tend to be more liquid and less likely to close.
  • SMN covers north america markets; MXI covers global.
  • SMN follows a inverse strategy; MXI uses index tracking.
  • Over the last 3 years, MXI has delivered higher annualized returns.

Side-by-side comparison

SMNMXI
Annual cost (TER)0.95%0.39%
Fund size (AUM)$3M$325M
Since20072006
Dividend yield4.58%1.78%
Asset classequityequity
Regionnorth americaglobal
Strategyinverseindex tracking
CAGR 1Y-31.2%+33.9%
CAGR 3Y-16.8%+13.9%
CAGR 5Y-14.9%+6.7%
Sharpe 3Y-0.460.61
Volatility 1Y34.14%19.47%
Max drawdown-95.39%-39.52%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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