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Name

As of 11/26/2024

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 Metaverse ETF

VERS | ETF

$46.22

$5.48 M

1.16%

$0.54

0.58%

Vitals

YTD Return

9.9%

1 yr return

22.1%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$5.48 M

Holdings in Top 10

46.5%

52 WEEK LOW AND HIGH

$46.9
$37.66
$47.08

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 11/26/2024

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 Metaverse ETF

VERS | ETF

$46.22

$5.48 M

1.16%

$0.54

0.58%

VERS - Profile

Distributions

  • YTD Total Return 9.9%
  • 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 1.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ProShares Metaverse ETF
  • Fund Family Name
    ProShares Trust
  • Inception Date
    Mar 15, 2022
  • Shares Outstanding
    N/A
  • 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 of companies that provide or use innovative technologies to offer products and services around the metaverse. “Metaverse” is a term used to refer to a “digital world” or a future iteration of the internet. The Metaverse is characterized by virtual worlds that create a simulated environment – as well as augmented reality where the real-world environment is enhanced by computer generated sensory information. The Metaverse is expected to allow people to engage in new ways, such as through internet-based interactions, online gaming and transactions. The Metaverse is enabled by several connected technologies, such as virtual and augmented reality, digital environments, artificial intelligence and advanced computing.The index provider uses a natural language processing algorithm to identify companies that fall into one or more of the following categories: (1) Metaverse Technology: Produces technology, infrastructure or hardware used to develop or operate in the Metaverse, including technologies for virtual and augmented reality; (2) Metaverse Platforms: Provides or develops non-physical, virtual environment or digital worlds where users and businesses can interact through virtual technologies, including platforms and services that facilitate virtual marketplaces and social network platforms; (3) Metaverse Devices: Produces devices used to access or interact with the Metaverse, including the production of wearable devices and specialized visuals and audio or gaming equipment used for interacting in virtual and augmented reality; (4) Interchange Standards: Develops and distributes tools, formats, services and engines that facilitate the creation of the Metaverse by setting actual standards that provide a common set of operating principles, language or expectations that allow for the creation, operation and ongoing improvement to the Metaverse; and (5) Data Processing: Provides computing power to support the Metaverse, including high-intensity data processing services such as rendering, data matching and synchronization or motion capturingThe index provider determines whether a company falls into those categories by using an automated scan of company filings and other public information to search for terms and phrases which the index provider believes will identify companies that have or are expected to have significant exposure to the provision of products and/or services that contribute to the Metaverse industry. Each company identified receives a score, as determined by the automated scan, that reflects its exposure to the Metaverse industry.The index provider reviews each company and excludes any company that does not have relevant business exposure. Selected companies must obtain 50% of their revenue from Metaverse related business operations. Companies in the following FactSet Industries are excluded from the Index: (1) Major Pharmaceuticals, (2) Other Pharmaceuticals, (3) Original Equipment Manufacturer Auto Parts, (4) Major Telecommunications, (5) Specialty Telecommunications, (6) Wireless Telecommunications, and (7) Food Retail.The remaining companies are then ranked based on the assigned score. The top 40 companies are selected into the Index. Companies with higher scores receive more weight, and the 10 largest companies by market capitalization get extra weight. The Index’s composition and the assigned weights are reevaluated in June and December. The Index is constructed and maintained by Solactive AG. More information about the Index can be found using the Bloomberg ticker symbol “SOMETAV.”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

VERS - Performance

Return Ranking - Trailing

Period VERS Return Category Return Low Category Return High Rank in Category (%)
YTD 9.9% -38.5% 31.2% N/A
1 Yr 22.1% -67.1% 39.2% N/A
3 Yr N/A* -40.8% 30.6% N/A
5 Yr N/A* -33.3% 22.3% N/A
10 Yr N/A* -16.3% 23.9% N/A

* Annualized

Return Ranking - Calendar

Period VERS Return Category Return Low Category Return High Rank in Category (%)
2023 50.1% -73.9% 35.7% N/A
2022 N/A -25.6% 73.1% 66.52%
2021 N/A -97.5% 60.0% 100.00%
2020 N/A -24.7% 44.9% 100.00%
2019 N/A -22.9% 38.5% 100.00%

Total Return Ranking - Trailing

Period VERS Return Category Return Low Category Return High Rank in Category (%)
YTD 9.9% -75.9% 954.2% N/A
1 Yr 22.1% -67.1% 66.6% N/A
3 Yr N/A* -40.8% 30.6% N/A
5 Yr N/A* -33.3% 30.0% N/A
10 Yr N/A* -16.3% 23.9% N/A

* Annualized

Total Return Ranking - Calendar

Period VERS Return Category Return Low Category Return High Rank in Category (%)
2023 51.2% -73.9% 35.7% N/A
2022 N/A -25.6% 73.1% 66.52%
2021 N/A -97.5% 60.0% 100.00%
2020 N/A -24.7% 44.9% 100.00%
2019 N/A -22.9% 43.6% 100.00%

VERS - Holdings

Concentration Analysis

VERS Category Low Category High VERS % Rank
Net Assets 5.48 M 863 K 50.4 B 88.50%
Number of Holdings 41 1 470 68.81%
Net Assets in Top 10 2.39 M 0 30.3 B 85.85%
Weighting of Top 10 46.46% 7.6% 100.0% 59.68%

Top 10 Holdings

  1. INVESCO GOVERNMENT AGENCY PORTFOLIO OPEN-END FUND USD 6.95%
  2. fuboTV, Inc. 5.35%
  3. ROBLOX Corp., Class A 4.77%
  4. Meta Platforms, Inc., Class A 4.52%
  5. NVIDIA Corp. 4.44%
  6. Apple, Inc. 4.41%
  7. Amazon.com, Inc. 4.18%
  8. Microsoft Corp. 4.11%
  9. Alphabet, Inc., Class A 4.01%
  10. Ambarella, Inc. 3.72%

Asset Allocation

Weighting Return Low Return High VERS % Rank
Stocks 		99.89% 0.00% 100.53% 39.23%
Cash 		6.95% -0.53% 100.00% 79.42%
Preferred Stocks 		0.00% 0.00% 2.84% 10.29%
Other 		0.00% -1.08% 26.87% 12.54%
Convertible Bonds 		0.00% 0.00% 0.40% 7.72%
Bonds 		0.00% 0.00% 4.72% 8.04%

Stock Sector Breakdown

Weighting Return Low Return High VERS % Rank
Utilities 		0.00% 0.00% 6.27% 8.06%
Technology 		0.00% 2.80% 100.00% 72.26%
Real Estate 		0.00% 0.00% 15.05% 14.19%
Industrials 		0.00% 0.00% 53.73% 67.10%
Healthcare 		0.00% 0.00% 43.58% 24.52%
Financial Services 		0.00% 0.00% 52.54% 70.32%
Energy 		0.00% 0.00% 7.96% 7.42%
Communication Services 		0.00% 0.00% 97.05% 8.39%
Consumer Defense 		0.00% 0.00% 5.64% 17.74%
Consumer Cyclical 		0.00% 0.00% 51.15% 57.10%
Basic Materials 		0.00% 0.00% 36.08% 16.13%

Stock Geographic Breakdown

Weighting Return Low Return High VERS % Rank
US 		99.89% 0.00% 100.53% 67.85%
Non US 		0.00% 0.00% 99.27% 25.72%

VERS - Expenses

Operational Fees

VERS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.58% 0.08% 2.97% 71.06%
Management Fee 0.58% 0.00% 1.95% 29.51%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.50% N/A

Sales Fees

VERS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

VERS 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.

VERS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 281.00% N/A

VERS - Distributions

Dividend Yield Analysis

VERS Category Low Category High VERS % Rank
Dividend Yield 1.16% 0.00% 42.10% 25.24%

Dividend Distribution Analysis

VERS Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

VERS Category Low Category High VERS % Rank
Net Income Ratio N/A -2.30% 2.08% N/A

Capital Gain Distribution Analysis

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

Distributions History

View More +

VERS - Fund Manager Analysis

Managers

Michael Neches

Start Date

Tenure

Tenure Rank

Mar 15, 2022

0.21

0.2%

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

Mar 15, 2022

0.21

0.2%

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
0.04 32.43 7.88 2.12

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