ProShares Online Retail ETF
ETF
ONLN
Price as of:
$44.11
+ $0.32
+ 0.73%
Primary Theme
fund company
Name
As of 11/04/2024Price
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
Vitals
YTD Return
21.7%
1 yr return
39.6%
3 Yr Avg Return
-14.2%
5 Yr Avg Return
5.2%
Net Assets
$101 M
Holdings in Top 10
75.4%
52 WEEK LOW AND HIGH
$43.8
$30.28
$46.82
Expenses
OPERATING FEES
Expense Ratio 0.58%
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 11/04/2024Price
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
ONLN - Profile
Distributions
- YTD Total Return 21.7%
- 3 Yr Annualized Total Return -14.2%
- 5 Yr Annualized Total Return 5.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.84%
- Dividend Yield 0.4%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameProShares Online Retail ETF
-
Fund Family NameProShares Trust
-
Inception DateJul 13, 2018
-
Shares Outstanding9210001
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael 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 of U.S.-listed companies deemedto be “Online Retailers.” The Index includes U.S. and non-U.S. companiesdoing business as an online retailer; an e-commerce retailer;or an internet anddirect marketing retailer, excluding online travel companies.Selected companies are then weighted based on market capitalization,withan aggregate limit of 25%on non-U.S. companies.The Index’s composition is reevaluated every June,with weight adjustments occurring monthly. The Index is constructed and maintained by Solactive AG. More information about the Index can be found using the Bloombergtickersymbol“PSONLINE.”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.●Depositary Receipts — The Fund may invest in depositary receipts, which principally include:○American Depositary Receipts (ADRs), which represent the right to receive securities of foreign issuers deposited in a bank or trust company and are an alternative to purchasing the underlying securities in their national markets and currencies.○Global Depositary Receipts (GDRs), which are receipts for shares in a foreign-based corporation traded in capital markets around the world.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.The Index is created and sponsored by ProShare Advisors and is licensed for use by ProShares Trust.Please see “Investment Objectives, Principal Investment Strategies and Related Risks” in the Fund’s Prospectus for additional details.
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ONLN - Performance
Return Ranking - Trailing
| Period | ONLN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.7% | -1.0% | 25.0% | 9.52% |
| 1 Yr | 39.6% | 7.6% | 53.2% | 14.29% |
| 3 Yr | -14.2%* | -18.0% | 17.7% | 95.12% |
| 5 Yr | 5.2%* | 3.3% | 22.2% | 87.18% |
| 10 Yr | N/A* | 2.5% | 17.8% | 97.62% |
* Annualized
Return Ranking - Calendar
| Period | ONLN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 27.4% | 9.6% | 67.9% | 52.38% |
| 2022 | -50.1% | -55.7% | -13.2% | 97.62% |
| 2021 | -25.2% | -25.2% | 48.8% | 100.00% |
| 2020 | 109.1% | -11.3% | 122.6% | 5.13% |
| 2019 | 19.9% | 7.7% | 47.9% | 86.84% |
Total Return Ranking - Trailing
| Period | ONLN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.7% | -1.0% | 25.0% | 9.52% |
| 1 Yr | 39.6% | 7.6% | 53.2% | 14.29% |
| 3 Yr | -14.2%* | -18.0% | 17.7% | 95.12% |
| 5 Yr | 5.2%* | 3.3% | 22.2% | 87.18% |
| 10 Yr | N/A* | 2.5% | 17.8% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | ONLN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 27.4% | 11.5% | 68.9% | 54.76% |
| 2022 | -50.1% | -55.7% | -12.8% | 97.62% |
| 2021 | -25.2% | -25.2% | 57.6% | 100.00% |
| 2020 | 111.9% | -10.3% | 123.8% | 5.13% |
| 2019 | 19.9% | 11.4% | 48.7% | 86.84% |
ONLN - Holdings
Concentration Analysis
| ONLN | Category Low | Category High | ONLN % Rank | |
|---|---|---|---|---|
| Net Assets | 101 M | 8.65 M | 20.1 B | 54.76% |
| Number of Holdings | 28 | 25 | 305 | 97.62% |
| Net Assets in Top 10 | 62.6 M | 2.16 M | 13.5 B | 52.38% |
| Weighting of Top 10 | 75.45% | 15.6% | 75.4% | 2.38% |
Top 10 Holdings
- Amazon.com, Inc. 24.03%
- eBay, Inc. 10.44%
- PDD Holdings, Inc. 7.62%
- Coupang, Inc. 5.18%
- Carvana Co., Class A 5.18%
- Revolve Group, Inc., Class A 5.12%
- Alibaba Group Holding Ltd. 5.02%
- Chewy, Inc., Class A 4.89%
- Buckle, Inc. (The) 4.17%
- Figs, Inc., Class A 3.81%
Asset Allocation
| Weighting | Return Low | Return High | ONLN % Rank | |
|---|---|---|---|---|
| Stocks | 99.94% | 97.65% | 108.16% | 21.43% |
| Cash | 3.41% | 0.00% | 31.50% | 28.57% |
| Other | 0.06% | 0.00% | 4.99% | 23.81% |
| Preferred Stocks | 0.00% | 0.00% | 0.84% | 59.52% |
| Convertible Bonds | 0.00% | 0.00% | 0.04% | 54.76% |
| Bonds | 0.00% | 0.00% | 0.00% | 54.76% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ONLN % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 88.83% | 3.24% | 96.69% | 35.71% |
| Communication Services | 9.14% | 0.00% | 77.13% | 30.95% |
| Healthcare | 1.83% | 0.00% | 13.27% | 23.81% |
| Financial Services | 0.20% | 0.00% | 4.68% | 11.90% |
| Utilities | 0.00% | 0.00% | 6.10% | 54.76% |
| Technology | 0.00% | 0.00% | 56.29% | 80.95% |
| Real Estate | 0.00% | 0.00% | 17.67% | 59.52% |
| Industrials | 0.00% | 0.00% | 42.91% | 83.33% |
| Energy | 0.00% | 0.00% | 1.00% | 54.76% |
| Consumer Defense | 0.00% | 0.00% | 29.70% | 85.71% |
| Basic Materials | 0.00% | 0.00% | 7.13% | 59.52% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ONLN % Rank | |
|---|---|---|---|---|
| US | 99.94% | 28.98% | 108.16% | 19.05% |
| Non US | 0.00% | 0.00% | 70.76% | 73.81% |
ONLN - Expenses
Operational Fees
| ONLN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.58% | 0.08% | 2.43% | 64.29% |
| Management Fee | 0.58% | 0.03% | 0.85% | 47.62% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 21.69% |
| Administrative Fee | N/A | 0.25% | 0.25% | N/A |
Sales Fees
| ONLN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | 37.50% |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| ONLN 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.
| ONLN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 4.00% | 214.00% | 52.27% |
ONLN - Distributions
Dividend Yield Analysis
| ONLN | Category Low | Category High | ONLN % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.41% | 0.00% | 6.92% | 61.90% |
Dividend Distribution Analysis
| ONLN | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| ONLN | Category Low | Category High | ONLN % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.84% | -1.54% | 1.17% | 12.20% |
Capital Gain Distribution Analysis
| ONLN | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 26, 2024 | $0.045 | OrdinaryDividend |
| Mar 20, 2024 | $0.045 | OrdinaryDividend |
| Dec 23, 2020 | $0.570 | OrdinaryDividend |
| Sep 23, 2020 | $0.371 | OrdinaryDividend |
ONLN - Fund Manager Analysis
Managers
Michael Neches
Start Date
Tenure
Tenure Rank
Jul 13, 2018
3.88
3.9%
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.
Tarak Davé
Start Date
Tenure
Tenure Rank
Jul 13, 2018
3.88
3.9%
Tarak Dave ProFund Advisors LLC: Portfolio Manager since March 2018, Associate Portfolio Manager from November 2015 to March 2018, Senior Portfolio Analyst from May 2014 to October 2015 and Portfolio Analyst from April 2011 to April 2014.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.31 | 24.18 | 12.19 | 14.22 |