BEAR vs. MVE ETF Comparison

Comparison of BetaShares Australian Equities Bear Hedge Fund (BEAR) to Market Vectors Australian Emerging Resources ETF (MVE)

BEAR

BetaShares Australian Equities Bear Hedge Fund

BEAR Description

BEAR seeks to generate returns that are negatively correlated to the returns of the Australian sharemarket. The Fund expects to generate a positive return when the S&P/ASX Accumulation 200 Index falls (and a negative return when the index rises).

Grade (RS Rating)

Last Trade

$8.13

Average Daily Volume

61,531

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MVE

Market Vectors Australian Emerging Resources ETF

MVE Description

Exposure to companies in the S&P/ASX 100 index, excluding those in the S&P/ASX50 index

Grade (RS Rating)

Last Trade

$37.72

Average Daily Volume

10,789

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEAR	MVE
30 Days	4.41%	-3.21%
60 Days	2.19%	-0.95%
90 Days	1.55%	5.41%
12 Months	-3.71%	4.61%

0 Overlapping Holdings

	Symbol	Grade	Weight in BEAR	Weight in MVE	Overlap

BEAR Overweight 2 Positions Relative to MVE

	Symbol	Grade	Weight
	AAA	A	22.21%
	MMKT	A	17.46%

BEAR Underweight 10 Positions Relative to MVE

Symbol	Grade	Weight
WTC	B	-5.91%
CAR	C	-4.66%
REA	C	-3.27%
ALD	C	-3.25%
NXT	B	-3.14%
ORI	A	-3.02%
SOL	D	-2.83%
VCX	C	-2.82%
ALU	A	-2.74%
AZJ	C	-2.52%

BEAR: Top Represented Industries & Keywords

Industries:

Keywords: Bank Bank Bill Betashares Bond Currency Swap Exchange Traded Funds Interest Rate Swap Inverse Exchange Traded Fund Investment Fund Swap Taxation In Canada

MVE: Top Represented Industries & Keywords

Industries: Internet Content & Information Conglomerates Data Storage Oil & Gas Refining & Marketing REIT - Retail Railroads Software - Application Software - Infrastructure Specialty Chemicals