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Name

As of 10/22/2024

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

ProShares Equities for Rising Rates ETF

EQRR | ETF

$58.70

$18.8 M

2.20%

$1.30

0.35%

Vitals

YTD Return

10.8%

1 yr return

25.1%

3 Yr Avg Return

6.4%

5 Yr Avg Return

10.6%

Net Assets

$18.8 M

Holdings in Top 10

29.4%

52 WEEK LOW AND HIGH

$59.0
$47.20
$62.02

Expenses

OPERATING FEES

Expense Ratio 0.35%

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 10/22/2024

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

ProShares Equities for Rising Rates ETF

EQRR | ETF

$58.70

$18.8 M

2.20%

$1.30

0.35%

EQRR - Profile

Distributions

  • YTD Total Return 10.8%
  • 3 Yr Annualized Total Return 6.4%
  • 5 Yr Annualized Total Return 10.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.31%
DIVIDENDS
  • Dividend Yield 2.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ProShares Equities for Rising Rates ETF
  • Fund Family Name
    ProShares Trust
  • Inception Date
    Jul 24, 2017
  • Shares Outstanding
    1930001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Neches

Fund Description

The Fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the Index.The Index is designed to measure the performance ofcompaniesin the Nasdaq U.S. Large CapIndex whose stock prices have historically exhibited relatively high correlation to movements in interest rates. The Nasdaq U.S. Large Cap Index is designed to measure the performance of the largest companies in the United States. Each quarter, eachcompany andeach industry included in the Nasdaq U.S. Large CapIndex is evaluated and ranked based on its weekly market-neutral correlation with the U.S. 10-year Treasury yield over the prior three years. The five industries with the highest industry correlation are selected. Within each of those five industries, the 10 companies with the highest correlation are selected to be components of the Index. The components of the Index are weighted based on the rank of their industry and their market capitalization. The highest correlated industry receives a 30% weight in the Index; 2nd highest: 25%; 3rd highest: 20%; 4th highest: 15%; 5th highest: 10%. The Index’s compositionand weightingsare reevaluated quarterly in March, June, September, and December. The Index is constructed and maintained by Nasdaq Inc. More information about the Index can be found using the Bloomberg ticker symbol “NQERRT.”Under normal circumstances, the Fund will invest at least 80% of its total assets in components of the Index or in instruments with similar economic characteristics.The Fund will invest principally in the financial instruments listed below.●Equity Securities — Common stock issued by public companies.ProShare Advisors uses a mathematical approach to investing in which it determines the type, quantity and mix of investment positions that it believes, in combination, the Fund should hold to produce returns consistent with its investment objective. The Fund seeks to remain fully invested at all times in financial instruments that, in combination, provide exposure consistent with the investment objective, without regard to market conditions, trends or direction. The Fund will generally use a “replication strategy” to achieve its investment objective, meaning that it will invest in all of the component securities of the Index in approximately the same proportion as the Index. However, the Fund may also use a “representative sampling” strategy to invest in or gain exposure to only a representative sample of the securities in the Index or to securities not contained in the Index or in financial instruments, with the intent of obtaining exposure with aggregate characteristics similar to those of the Index. For example, the Fund may utilize a representative sampling strategy when the Advisor believes a replication strategy might be detrimental or disadvantageous to shareholders, such as when buying each security in an Index is impracticable or inefficient, or when there are practical difficulties or additional costs involved in replicating an Index. The Fund also may use representative sampling if the Advisor believes one or more securities in the Index becomes illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund.Please see “Investment Objectives, Principal Investment Strategies and Related Risks” in the Fund’s Prospectus for additional details.
Read More

EQRR - Performance

Return Ranking - Trailing

Period EQRR Return Category Return Low Category Return High Rank in Category (%)
YTD 10.8% 1.1% 43.6% 95.12%
1 Yr 25.1% 7.8% 75.3% 93.19%
3 Yr 6.4%* -2.4% 32.4% 80.69%
5 Yr 10.6%* -0.1% 46.2% 58.65%
10 Yr N/A* 1.7% 25.9% 69.94%

* Annualized

Return Ranking - Calendar

Period EQRR Return Category Return Low Category Return High Rank in Category (%)
2023 6.0% -16.9% 46.1% 48.16%
2022 -0.2% -64.7% 4.6% 1.03%
2021 33.7% -44.2% 57.5% 1.54%
2020 -12.6% -23.2% 285.0% 97.04%
2019 17.0% -21.4% 48.5% 67.44%

Total Return Ranking - Trailing

Period EQRR Return Category Return Low Category Return High Rank in Category (%)
YTD 10.8% 1.1% 43.6% 95.12%
1 Yr 25.1% 7.8% 75.3% 93.19%
3 Yr 6.4%* -2.4% 32.4% 80.69%
5 Yr 10.6%* -0.1% 46.2% 58.65%
10 Yr N/A* 1.7% 25.9% N/A

* Annualized

Total Return Ranking - Calendar

Period EQRR Return Category Return Low Category Return High Rank in Category (%)
2023 9.2% -15.9% 46.7% 65.56%
2022 2.3% -42.0% 8.5% 3.64%
2021 36.1% 3.6% 129.7% 1.63%
2020 -10.2% -22.6% 304.8% 99.01%
2019 19.6% -12.7% 52.1% 95.33%

EQRR - Holdings

Concentration Analysis

EQRR Category Low Category High EQRR % Rank
Net Assets 18.8 M 1.97 M 163 B 97.06%
Number of Holdings 55 2 1733 74.20%
Net Assets in Top 10 4.73 M 433 K 37.8 B 97.70%
Weighting of Top 10 29.37% 4.4% 99.1% 43.42%

Top 10 Holdings

  1. Coterra Energy, Inc. 3.19%
  2. Marathon Oil Corp. 3.18%
  3. Diamondback Energy, Inc. 3.13%
  4. EOG Resources, Inc. 3.04%
  5. Halliburton Co. 2.90%
  6. Valero Energy Corp. 2.87%
  7. ConocoPhillips 2.85%
  8. McKesson Corp. 2.75%
  9. Marathon Petroleum Corp. 2.73%
  10. Bunge Global SA 2.72%

Asset Allocation

Weighting Return Low Return High EQRR % Rank
Stocks 		99.68% 7.19% 103.40% 16.71%
Cash 		0.24% 0.00% 36.15% 84.66%
Other 		0.08% -2.19% 36.68% 20.57%
Preferred Stocks 		0.00% 0.00% 15.27% 98.53%
Convertible Bonds 		0.00% 0.00% 3.66% 98.52%
Bonds 		0.00% 0.00% 78.06% 98.53%

Stock Sector Breakdown

Weighting Return Low Return High EQRR % Rank
Financial Services 		31.11% 0.00% 58.05% 2.59%
Energy 		29.37% 0.00% 54.00% 0.28%
Basic Materials 		17.59% 0.00% 21.69% 0.46%
Industrials 		11.03% 0.00% 42.76% 54.59%
Consumer Cyclical 		8.44% 0.00% 22.74% 19.74%
Technology 		1.55% 0.00% 54.02% 97.96%
Communication Services 		0.91% 0.00% 26.58% 94.81%
Utilities 		0.00% 0.00% 27.04% 99.81%
Real Estate 		0.00% 0.00% 90.54% 99.63%
Healthcare 		0.00% 0.00% 30.08% 100.00%
Consumer Defense 		0.00% 0.00% 34.10% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High EQRR % Rank
US 		99.68% 7.19% 103.40% 15.15%
Non US 		0.00% 0.00% 24.72% 98.62%

EQRR - Expenses

Operational Fees

EQRR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.03% 14.82% 93.09%
Management Fee 0.35% 0.00% 1.50% 12.80%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

EQRR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

EQRR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

EQRR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 488.00% 79.65%

EQRR - Distributions

Dividend Yield Analysis

EQRR Category Low Category High EQRR % Rank
Dividend Yield 2.20% 0.00% 16.67% 51.10%

Dividend Distribution Analysis

EQRR Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Annual

Net Income Ratio Analysis

EQRR Category Low Category High EQRR % Rank
Net Income Ratio 2.31% -1.51% 4.28% 8.18%

Capital Gain Distribution Analysis

EQRR Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

EQRR - Fund Manager Analysis

Managers

Michael Neches

Start Date

Tenure

Tenure Rank

Jul 24, 2017

4.85

4.9%

Michael Neches joined ProShare Advisors in 2000, and presently serves as a Senior Portfolio Manager. He previously served as the Senior Portfolio Manager responsible for the company’s commodities desk for two years, as a Portfolio Manager and team lead, as an Associate Portfolio Manager and as a Portfolio Analyst. Mr. Neches earned a Bachelor of Science in Finance from the University of Maryland, College Park and an MBA from Georgetown University.

Devin Sullivan

Start Date

Tenure

Tenure Rank

Apr 30, 2018

4.09

4.1%

Devin Sullivan is Portfolio Manager at ProShare Advisors since September 2016 and Associate Portfolio Manager from December 2011 to August 2016.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.08 6.71

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