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Trending ETFs

Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$72.60

$6.04 M

46.09%

$33.46

1.33%

Vitals

YTD Return

41.1%

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$6.04 M

Holdings in Top 10

84.8%

52 WEEK LOW AND HIGH

$70.0
$37.94
$93.29

Expenses

OPERATING FEES

Expense Ratio 1.33%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$72.60

$6.04 M

46.09%

$33.46

1.33%

BETE - Profile

Distributions

  • YTD Total Return 41.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 46.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    ProShares Bitcoin & Ether Equal Weight Strategy ETF
  • Fund Family Name
    ProShares Trust
  • Inception Date
    Oct 02, 2023
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

While the Fund seeks to invest primarily in crypto futures contracts, the Fund also may invest in other instruments as described below.Crypto Futures Contracts – Standardized, cash-settled crypto futures contracts. The Fund seeks to invest in cash-settled,front-month crypto futures. The Fund may also invest in back-month crypto futures contracts. Front-month crypto futures contracts are those contracts with the shortest time to maturity. Back-month crypto futures contracts are those with longer times to maturity.Exchange-Traded Funds — In limited circumstances, for example,if the Fund is unable to obtain the desired exposure through crypto futures contracts or in order to facilitate compliance with certain tax requirements, the Fund may invest in shares of other ETFs, which are registered investment companies that are traded on U.S. stock exchanges and provide exposure to crypto futurescontracts.Money Market Instruments — The Fund expects that any cash balances maintained in connection with its use of derivatives will typically be held in high quality, short-term money market instruments, for example:U.S. Treasury Bills — U.S. government securities that have initial maturities of one year or less, and are supported by the full faith and credit of the U.S. government.Repurchase Agreements — Contracts in which a seller of securities, usually U.S. government securities or other money market instruments, agrees to buy the securities back at a specified time and price.Reverse Repurchase Agreements – The Fund seeks to engage in reverse repurchase agreements, a form of borrowing or leverage, and uses the proceeds to help achieve the Fund’s exposure to futurescontracts.In order to maintain its exposure to crypto futures contracts, the Fund must sell its futures contracts as they near expiration and replace them with new futures contracts with a later expiration date. This is often referred to as “rolling” a futures contract. Futures contracts with a longer term to expiration may be priced higher than futures contracts with a shorter term to expiration, a relationship called “contango.” When rolling futures contracts that are in contango, the Fund will sell the expiring contract at a relatively lower price and buy a longer-dated contract at a relatively higher price.Conversely, futures contracts with a longer term to expiration may be priced lower than futures contracts with a shorter term to expiration, a relationship called “backwardation.” When rolling futures contracts that are in backwardation, the Fund will sell the expiring contract at a relatively higher price and buy a longer-dated contract at a relatively lower price.The Fund expects to gain exposure by investing a portion of its assets in a wholly-owned subsidiary of the Fund organized under the laws of the Cayman Islands and advised by ProShare Advisors. Because the Fund intends to qualify for treatment as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended, the Fund intends to invest no more than 25% of the Fund’s total assets in the subsidiary at each quarter end of the Fund’s tax year. Exceeding this amount may have tax consequences, see the section entitled “Tax Risk” in the Fund’s Prospectusfor more information. References to investments by the Fund should be read to mean investments by either the Fund or the subsidiary.
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BETE - Performance

Return Ranking - Trailing

Period BETE Return Category Return Low Category Return High Rank in Category (%)
YTD 41.1% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period BETE Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period BETE Return Category Return Low Category Return High Rank in Category (%)
YTD 41.1% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period BETE Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

BETE - Holdings

Concentration Analysis

BETE Category Low Category High BETE % Rank
Net Assets 6.04 M N/A N/A N/A
Number of Holdings 8 N/A N/A N/A
Net Assets in Top 10 3.44 M N/A N/A N/A
Weighting of Top 10 84.84% N/A N/A N/A

Top 10 Holdings

  1. Repurchase Agreement 37.23%
  2. Repurchase Agreement 15.48%
  3. Repurchase Agreement 10.78%
  4. CME Bitcoin Future Non-equity Index 7.42%
  5. Repurchase Agreement 6.19%
  6. CME Ether Non-equity Index 5.73%
  7. Repurchase Agreement 1.57%
  8. CME Micro Bitcoin Non-equity Index 0.44%

Asset Allocation

Weighting Return Low Return High BETE % Rank
Other
84.84% N/A N/A N/A
Cash
15.16% N/A N/A N/A
Stocks
0.00% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

BETE - Expenses

Operational Fees

BETE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.33% N/A N/A N/A
Management Fee 0.95% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

BETE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

BETE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BETE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

BETE - Distributions

Dividend Yield Analysis

BETE Category Low Category High BETE % Rank
Dividend Yield 46.09% N/A N/A N/A

Dividend Distribution Analysis

BETE Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

BETE Category Low Category High BETE % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

BETE Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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BETE - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A