BEAR vs. MVW ETF Comparison

Comparison of BetaShares Australian Equities Bear Hedge Fund (BEAR) to Market Vectors Australian Equal Weight ETF (MVW)

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

$8.14

Average Daily Volume

52,629

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MVW

Market Vectors Australian Equal Weight ETF

MVW Description

Covers approximately 75 blue-chip companies weighted equally

Grade (RS Rating)

Last Trade

$36.23

Average Daily Volume

79,598

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEAR	MVW
30 Days	2.52%	-1.06%
60 Days	1.62%	0.00%
90 Days	1.12%	2.63%
12 Months	-3.90%	4.95%

0 Overlapping Holdings

	Symbol	Grade	Weight in BEAR	Weight in MVW	Overlap

BEAR Overweight 2 Positions Relative to MVW

	Symbol	Grade	Weight
	AAA	A	22.21%
	MMKT	A	17.46%

BEAR Underweight 10 Positions Relative to MVW

Symbol	Grade	Weight
EVN	B	-1.44%
BSL	C	-1.42%
MIN	A	-1.42%
MGR	D	-1.41%
GMG	A	-1.4%
QAN	A	-1.4%
ORI	A	-1.39%
DXS	D	-1.39%
STO	B	-1.38%
QBE	B	-1.38%

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

MVW: Top Represented Industries & Keywords

Industries: REIT - Diversified Airlines Gold Industrial Metals & Minerals Insurance - Property & Casualty Oil & Gas E&P REIT - Office Specialty Chemicals Steel