ProShares UltraShort Basic Materials (SMN) Holdings
SMN holdings summary
as of Oct 25, 2026- Holdings
- 46 positions listed
- Top 10 weight
- 68.9% of net assets
- Effective holdings
- 14 equal-weight equivalent
- Largest holding
- LIN 18.73% Linde plc
- Annual turnover
- 0.0% of the portfolio traded
All SMN holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | LIN | Linde plc | Basic Materials | 18.73% | $736,057.19 | $229.77B | 32.2 |
| 2 | APD | Air Products and Chemicals, Inc. | Basic Materials | 8.23% | $323,285.57 | $66.71B | — |
| 3 | DD | DuPont de Nemours, Inc. | Basic Materials | 7.45% | $292,843.80 | $17.61B | 35.1 |
| 4 | ECL | Ecolab Inc. | Basic Materials | 7.41% | $291,212.85 | $80.98B | 38.8 |
| 5 | DOW | Dow Inc. | Basic Materials | 6.32% | $248,332.64 | $21.62B | — |
| 6 | NEM | Newmont Corporation | Basic Materials | 5.73% | $225,169.24 | $124.97B | 15.0 |
| 7 | PPG | PPG Industries, Inc. | Basic Materials | 4.66% | $183,279.39 | $23.87B | 15.4 |
| 8 | LYB | LyondellBasell Industries N.V. | Basic Materials | 3.87% | $152,098.78 | $20.68B | — |
| 9 | CTVA | Corteva, Inc. | Basic Materials | 3.52% | $138,257.33 | $8.59B | 8.0 |
| 10 | FCX | Freeport-McMoRan Inc. | Basic Materials | 2.97% | $116,669.85 | $99.86B | 34.3 |
| 11 | NUE | Nucor Corporation | Basic Materials | 2.61% | $102,639.76 | $58.15B | 20.4 |
| 12 | CE | Celanese Corporation | Basic Materials | 2.35% | $92,319.58 | $5.21B | — |
| 13 | IFF | International Flavors & Fragrances Inc. | Basic Materials | 2.20% | $86,542.49 | $23.15B | 89.8 |
| 14 | FMC | FMC Corporation | Basic Materials | 2.12% | $83,327.75 | $880.4M | — |
| 15 | EMN | Eastman Chemical Company | Basic Materials | 1.68% | $65,949.30 | $7.13B | 16.3 |
| 16 | CF | CF Industries Holdings, Inc. | Basic Materials | 1.63% | $64,224.03 | $18.29B | 9.0 |
| 17 | RPM | RPM International Inc. | Basic Materials | 1.55% | $60,969.99 | $12.72B | 18.4 |
| 18 | ALB | Albemarle Corporation | Basic Materials | 1.30% | $50,952.42 | $11.27B | 353.6 |
| 19 | MOS | The Mosaic Company | Basic Materials | 1.26% | $49,325.40 | $5.98B | — |
| 20 | RS | Reliance Steel & Aluminum Co. | Basic Materials | 1.23% | $48,169.99 | $20.99B | 23.9 |
| 21 | STLD | Steel Dynamics, Inc. | Basic Materials | 1.18% | $46,444.72 | $34.48B | 21.8 |
| 22 | RGLD | Royal Gold, Inc. | Basic Materials | 1.14% | $44,853.07 | $20.17B | 26.4 |
| 23 | AXTA | Axalta Coating Systems Ltd. | Basic Materials | 1.00% | $39,299.98 | $7.16B | 20.5 |
| 24 | ASH | Ashland Inc. | Basic Materials | 0.74% | $29,243.12 | $3.26B | 45.6 |
| 25 | HUN | Huntsman Corporation | Basic Materials | 0.73% | $28,822.61 | $1.50B | — |
| 26 | SMG | The Scotts Miracle-Gro Company | Basic Materials | 0.68% | $26,558.93 | $3.18B | 19.5 |
| 27 | GRA | W. R. Grace & Co | Basic Materials | 0.63% | $24,841.52 | — | — |
| 28 | VVV | Valvoline Inc. | Consumer Cyclical | 0.62% | $24,318.83 | $4.01B | 38.8 |
| 29 | NEU | NewMarket Corporation | Basic Materials | 0.57% | $22,400.99 | $8.06B | 18.9 |
| 30 | NGVT | Ingevity Corporation | Basic Materials | 0.57% | $22,400.99 | $2.40B | 99.7 |
| 31 | AA | Alcoa Corporation | Basic Materials | 0.51% | $19,909.37 | $10.94B | 7.2 |
| 32 | CC | The Chemours Company | Basic Materials | 0.46% | $18,176.24 | $1.92B | — |
| 33 | OLN | Olin Corporation | Basic Materials | 0.46% | $18,176.24 | $1.78B | — |
| 34 | POL_old | PolyOne Corporation | Basic Materials | 0.46% | $18,176.24 | — | — |
| 35 | SXT | Sensient Technologies Corporation | Basic Materials | 0.44% | $17,386.31 | $5.69B | 36.0 |
| 36 | ESI | Element Solutions Inc | Basic Materials | 0.44% | $17,386.31 | $8.54B | 47.4 |
| 37 | CMC | Commercial Metals Company | Industrials | 0.39% | $15,448.82 | $7.19B | 11.1 |
| 38 | CBT | Cabot Corporation | Basic Materials | 0.39% | $15,240.53 | $3.84B | 20.8 |
| 39 | FUL | H.B. Fuller Company | Basic Materials | 0.39% | $15,240.53 | $2.76B | 14.3 |
| 40 | ATI | ATI Inc. | Industrials | 0.38% | $14,882.90 | $25.27B | 54.4 |
| 41 | WLK | Westlake Corporation | Basic Materials | 0.37% | $14,611.73 | $8.09B | — |
| 42 | UFS | Domtar Corporation | Basic Materials | 0.35% | $13,582.07 | — | — |
| 43 | CRS | Carpenter Technology Corporation | Industrials | 0.33% | $13,098.68 | $18.69B | 35.8 |
| 44 | X | United States Steel Corporation | Basic Materials | 0.29% | $11,455.94 | — | — |
| 45 | WOR | Worthington Industries, Inc. | Industrials | 0.24% | $9,270.87 | $3.16B | 19.4 |
| 46 | BTU | Peabody Energy Corporation | Energy | 0.10% | $3,843.54 | $2.91B | — |
Weights as a percentage of net assets. Value held = weight × net assets ($3.9M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
SMN sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Basic Materials | 98.6% | 40 | LIN, APD, DD |
| Industrials | 1.3% | 4 | CMC, ATI, CRS |
| Consumer Cyclical | 0.6% | 1 | VVV |
| Energy | 0.1% | 1 | BTU |
Sum of the weights of the holdings in each sector.
SMN top industries
SMN overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VAW | Vanguard Materials ETF | 57.4% | 36 of 110 | 0.10% |
| IYM | iShares U.S. Basic Materials ETF | 57.0% | 24 of 40 | 0.42% |
| VTI | Vanguard Total Stock Market ETF | 1.4% | 42 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 1.2% | 15 of 502 | 0.09% |
| IWM | iShares Russell 2000 ETF | 1.2% | 11 of 1,962 | 0.19% |
| QQQ | Invesco QQQ ETF | 1.0% | 1 of 101 | 0.17% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the SMN portfolio
ProShares UltraShort Basic Materials holds 46 positions. The ten largest make up 68.9% of the fund, so it behaves like a portfolio of about 14 equally weighted stocks. The biggest positions are Linde plc (18.73%), Air Products and Chemicals, Inc. (8.23%), DuPont de Nemours, Inc. (7.45%), Ecolab Inc. (7.41%), Dow Inc. (6.32%).
By sector, Basic Materials is 98.6%, Industrials is 1.3%, Consumer Cyclical is 0.6%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: SMN chart, SMN performance, SMN dividends, SMN overview.
SMN holdings FAQ
How many holdings does SMN have?
SMN holds 46 positions as of October 25, 2026.
What are the top 10 holdings of SMN?
The ten largest holdings are Linde plc (18.73%), Air Products and Chemicals, Inc. (8.23%), DuPont de Nemours, Inc. (7.45%), Ecolab Inc. (7.41%), Dow Inc. (6.32%), Newmont Corporation (5.73%), PPG Industries, Inc. (4.66%), LyondellBasell Industries N.V. (3.87%), Corteva, Inc. (3.52%), Freeport-McMoRan Inc. (2.97%). Together they are 68.9% of the fund.
What percentage of SMN is Linde plc?
Linde plc is the largest holding at 18.73% of net assets, about $736,057.19 of the fund's $3.9M.
Which sector is the largest in SMN?
Basic Materials is the largest sector at 98.6%, followed by Industrials (1.3%) and Consumer Cyclical (0.6%), based on the sectors of the individual holdings.
How concentrated is SMN?
The top 10 holdings are 68.9% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) SMN behaves like a portfolio of about 14 equally weighted stocks.