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About ProShares S&P Kensho Smart Factories ETF
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Inception date
Sep 29, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ISIN
US74347G4819
MAKX is passively managed to target US-listed companies whose technologies empower digitalized factories to improve manufacturing processes. Such products and services support (i) connected and integrated digitalization, (ii) environmental sensing/ monitoring, advanced process control, predictive maintenance and equipment health monitoring, (iii) industrial machine and 3D vision, and (iv) demand response systems. To identify qualified companies, the index uses an automated scan on recent company filings. Each company is either classified as core or non-core, depending on the level of thematic involvement. Within each bucket, stocks are initially weighted equally, and then pure plays are overweighted. Weights are further adjusted for liquidity and diversification. The index is reconstituted annually and rebalanced semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Producer Manufacturing
Stocks99.77%
Electronic Technology53.54%
Technology Services17.34%
Producer Manufacturing16.91%
Communications6.06%
Distribution Services3.14%
Non-Energy Minerals2.77%
Bonds, Cash & Other0.23%
Cash0.23%
Stock breakdown by region
North America84.84%
Asia6.12%
Middle East4.97%
Europe4.07%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MAKX invests in stocks. The fund's major sectors are Electronic Technology, with 53.54% stocks, and Technology Services, with 17.34% of the basket. The assets are mostly located in the North America region.
MAKX top holdings are Ouster, Inc. and Cognex Corporation, occupying 17.44% and 6.74% of the portfolio correspondingly.
MAKX last dividends amounted to 0.08 USD. The quarter before, the issuer paid 0.02 USD in dividends, which shows a 76.02% increase.
MAKX assets under management is 1.33 M USD. It's risen 4.09% over the last month.
MAKX fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MAKX pays dividends to its holders with the dividend yield of 0.15%. The last dividend (Dec 31, 2024) amounted to 0.08 USD. The dividends are paid quarterly.
MAKX shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Sep 29, 2021, and its management style is Passive.
MAKX expense ratio is 0.58% meaning you'd have to pay 0.58% of your investment to help manage the fund.
MAKX follows the S&P Kensho Smart Factories Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MAKX invests in stocks.
MAKX price has risen by 5.53% over the last month, and its yearly performance shows a 46.98% increase. See more dynamics on MAKX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.26% over the last month, showed a 23.37% increase in three-month performance and has increased by 46.00% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.26% over the last month, showed a 23.37% increase in three-month performance and has increased by 46.00% in a year.
MAKX trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.