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ProShares Pet Care ETF
ETF
PAWZ
Payout Change
Pending
Price as of:
$46.7
-0.24
-0.5%
primary theme
Sector Diversified Equity
PAWZ (ETF)
ProShares Pet Care ETF
Payout Change
Pending
Price as of:
$46.7
-0.24
-0.5%
primary theme
Sector Diversified Equity
PAWZ (ETF)
ProShares Pet Care ETF
Payout Change
Pending
Price as of:
$46.7
-0.24
-0.5%
primary theme
Sector Diversified Equity
Name
As of 04/17/2024Price
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
-11.4%
1 yr return
-8.5%
3 Yr Avg Return
-14.8%
5 Yr Avg Return
3.7%
Net Assets
$76.5 M
Holdings in Top 10
68.5%
52 WEEK LOW AND HIGH
$46.9
$41.66
$53.13
Expenses
OPERATING FEES
Expense Ratio 0.50%
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 04/17/2024Price
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
PAWZ - Profile
Distributions
- YTD Total Return -11.4%
- 3 Yr Annualized Total Return -14.8%
- 5 Yr Annualized Total Return 3.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.23%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameProShares Pet Care ETF
-
Fund Family NameProShares Trust
-
Inception DateNov 05, 2018
-
Shares Outstanding3050001
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Hanson
Fund Description
The Fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the Index.The Index consists of U.S. and non-U.S. companies that potentially stand to benefit from interest in, and resources spent on, pet ownership. The Fund intends to hold each security in approximately the same proportion as its weighting in the Index.The Index consists primarily of companies whose principal business is pet care-related (i.e., they derive significant revenue from pet care-related products or services), as determined in accordance with the Index methodology. The Index is owned and administered by FactSet Research Systems, Inc. (the “Index Provider”). In order to be included in the Index, a company must be included in at least one of eight FactSet®Revere Business Industry Classification System sub-industries (“RBICS sub-industries”). The eight RBICS sub-industries are Pet Food Manufacturing, Pet Supplies Manufacturing, Pet and Pet Supply Stores, Veterinary Pharmaceuticals, Veterinary Diagnostics, Veterinary Product Distributors, Veterinary Services, and Internet Pet and Supply Retail. The Index also may include companies whose principal business is pet care-related, but for which an appropriate RBICS sub-industry has not yet been created. For example, the Index may include insurance companies that provide coverage for pets. Pet insurance currently is not an RBICS sub-industry. The Index will include a minimum of 21 companies. In order to be included in the Index, a company’s shares must be listed for trading on a U.S. or non-U.S. stock exchange and must meet certain market capitalization, liquidity and other requirements.The Index classifies companies into one of two tiers based on revenue generated from pet care-related products or services. Companies generating 50% or more of their revenue from pet care-related products or services comprise Tier 1; companies generating $1 billion or greater in revenue from pet care-related products or services, but less than 50% of their revenue from such products or services comprise Tier 2. 82.5% of the Index weight is allocated to Tier 1 companies and 17.5% to Tier 2 companies. The percentage weight of companies in each Tier is based on their respective float adjusted market capitalizations. Larger companies are more heavily weighted, and the weight of any single company is capped at 10% for Tier 1 and 4.5% for Tier 2. The percentage of the Index allocated to Tier 1 and Tier 2 (i.e., 82.5% and 17.5%), along with the percentage weight and capped amount of each company within its respective Tier, is set at the annual index reconstitution and as of each monthly rebalance date. These percentages are allowed to fluctuate between monthly rebalance dates and may be higher or lower than the indicated amounts until they are reset at the next Index rebalance date. The Index is published under the Bloomberg ticker symbol “PETCARE.”Under normal circumstances, the Fund will invest at least 80% of its total assets in component securities of the Index or in instruments with similar economiccharacteristics.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 theFund.Please see “Investment Objectives, Principal Investment Strategies and Related Risks” in the Fund’s Prospectus for additional details.
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PAWZ - Performance
Return Ranking - Trailing
| Period | PAWZ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -11.4% | -32.3% | 100.1% | 77.42% |
| 1 Yr | -8.5% | -48.8% | 77.9% | 70.97% |
| 3 Yr | -14.8%* | -42.6% | 16.0% | 63.33% |
| 5 Yr | 3.7%* | -29.2% | 20.3% | 73.08% |
| 10 Yr | N/A* | -3.0% | 12.7% | 58.62% |
* Annualized
Return Ranking - Calendar
| Period | PAWZ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.9% | -34.8% | 38.7% | 38.71% |
| 2022 | -40.4% | -72.7% | 8.2% | 77.42% |
| 2021 | 10.3% | -31.7% | 27.4% | 33.33% |
| 2020 | 61.4% | -29.0% | 233.6% | 31.03% |
| 2019 | 22.5% | -2.0% | 66.0% | 70.83% |
Total Return Ranking - Trailing
| Period | PAWZ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -11.4% | -32.3% | 100.1% | 77.42% |
| 1 Yr | -8.5% | -48.8% | 77.9% | 70.97% |
| 3 Yr | -14.8%* | -42.6% | 16.0% | 63.33% |
| 5 Yr | 3.7%* | -29.2% | 20.3% | 73.08% |
| 10 Yr | N/A* | -3.0% | 12.7% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | PAWZ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.5% | -33.0% | 39.0% | 48.39% |
| 2022 | -40.1% | -72.7% | 8.2% | 77.42% |
| 2021 | 10.5% | -31.7% | 28.3% | 36.67% |
| 2020 | 61.7% | -28.9% | 233.9% | 31.03% |
| 2019 | 22.9% | 0.4% | 66.5% | 75.00% |
PAWZ - Holdings
Concentration Analysis
| PAWZ | Category Low | Category High | PAWZ % Rank | |
|---|---|---|---|---|
| Net Assets | 76.5 M | 3.65 M | 31.2 B | 80.00% |
| Number of Holdings | 36 | 20 | 389 | 77.14% |
| Net Assets in Top 10 | 54.1 M | 2.2 M | 5.86 B | 77.14% |
| Weighting of Top 10 | 68.49% | 11.8% | 91.3% | 14.29% |
Top 10 Holdings
- IDEXX Laboratories, Inc. 10.27%
- Freshpet, Inc. 10.00%
- Dechra Pharmaceuticals plc 9.89%
- Zoetis, Inc., Class A 9.86%
- Chewy, Inc., Class A 6.18%
- Pets at Home Group plc 4.67%
- Virbac SACA 4.55%
- Nestle SA (Registered) 4.38%
- CVS Group plc 4.36%
- Rover Group, Inc. 4.33%
Asset Allocation
| Weighting | Return Low | Return High | PAWZ % Rank | |
|---|---|---|---|---|
| Stocks | 99.48% | 0.00% | 99.96% | 31.43% |
| Other | 0.26% | -0.20% | 91.95% | 37.14% |
| Cash | 0.26% | 0.00% | 93.41% | 91.43% |
| Preferred Stocks | 0.00% | 0.00% | 41.72% | 40.00% |
| Convertible Bonds | 0.00% | 0.00% | 3.05% | 23.53% |
| Bonds | 0.00% | 0.00% | 94.79% | 28.57% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PAWZ % Rank | |
|---|---|---|---|---|
| Healthcare | 57.67% | 0.00% | 65.82% | 7.69% |
| Consumer Defense | 19.27% | 0.00% | 50.44% | 11.54% |
| Consumer Cyclical | 18.61% | 0.00% | 34.19% | 26.92% |
| Financial Services | 4.44% | 0.00% | 95.51% | 26.92% |
| Utilities | 0.00% | 0.00% | 85.14% | 50.00% |
| Technology | 0.00% | 0.00% | 72.56% | 84.62% |
| Real Estate | 0.00% | 0.00% | 16.54% | 46.15% |
| Industrials | 0.00% | 0.00% | 90.47% | 96.15% |
| Energy | 0.00% | 0.00% | 32.10% | 38.46% |
| Communication Services | 0.00% | 0.00% | 16.38% | 26.92% |
| Basic Materials | 0.00% | 0.00% | 17.92% | 80.77% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PAWZ % Rank | |
|---|---|---|---|---|
| US | 61.93% | 0.00% | 99.93% | 31.43% |
| Non US | 37.55% | 0.00% | 83.83% | 31.43% |
PAWZ - Expenses
Operational Fees
| PAWZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.50% | 0.41% | 5.61% | 94.29% |
| Management Fee | 0.50% | 0.25% | 1.90% | 25.71% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 0.19% | N/A |
Sales Fees
| PAWZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 4.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| PAWZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 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.
| PAWZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 124.00% | 55.00% |
PAWZ - Distributions
Dividend Yield Analysis
| PAWZ | Category Low | Category High | PAWZ % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.46% | 0.00% | 12.50% | 57.14% |
Dividend Distribution Analysis
| PAWZ | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
| PAWZ | Category Low | Category High | PAWZ % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.23% | -2.66% | 5.19% | 45.71% |
Capital Gain Distribution Analysis
| PAWZ | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 28, 2023 | $0.054 | OrdinaryDividend |
| Sep 27, 2023 | $0.091 | OrdinaryDividend |
| Jun 28, 2023 | $0.048 | OrdinaryDividend |
| Mar 29, 2023 | $0.037 | OrdinaryDividend |
| Dec 30, 2022 | $0.110 | OrdinaryDividend |
| Sep 28, 2022 | $0.058 | OrdinaryDividend |
| Jun 29, 2022 | $0.047 | OrdinaryDividend |
| Mar 30, 2022 | $0.039 | OrdinaryDividend |
| Dec 31, 2021 | $0.047 | OrdinaryDividend |
| Sep 29, 2021 | $0.015 | OrdinaryDividend |
| Jun 29, 2021 | $0.056 | OrdinaryDividend |
| Mar 30, 2021 | $0.025 | OrdinaryDividend |
| Dec 31, 2020 | $0.039 | OrdinaryDividend |
| Sep 30, 2020 | $0.027 | OrdinaryDividend |
| Jul 01, 2020 | $0.021 | OrdinaryDividend |
| Apr 01, 2020 | $0.013 | OrdinaryDividend |
| Jan 02, 2020 | $0.046 | OrdinaryDividend |
| Jul 02, 2019 | $0.089 | OrdinaryDividend |
| Mar 27, 2019 | $0.018 | OrdinaryDividend |
| Jan 03, 2019 | $0.026 | OrdinaryDividend |
PAWZ - Fund Manager Analysis
Managers
Scott Hanson
Start Date
Tenure
Tenure Rank
Nov 05, 2018
3.57
3.6%
Scott Hanson is Portfolio Manager at ProShare Advisors since August 2016, Associate Portfolio Manager from May 2012 to August 2016 and Senior Portfolio Analyst from August 2010 to May 2012.
Alexander Ilyasov
Start Date
Tenure
Tenure Rank
Aug 14, 2020
1.79
1.8%
Alexander Ilyasov, ProShare Advisors: Senior Portfolio Manager since October 2013 and Portfolio Manager from November 2009 through September 2013. ProFund Advisors LLC: Senior Portfolio Manager since October 2013 and Portfolio Manager from November 2009 through September 2013. World Asset Management, Inc.: Portfolio Manager from January 2006 through November 2009. Ilyasov joined WAM’s predecessor entity in September 2005 as a member of its International Investment Team. Since joining in 2005, he has been involved in supporting WAM’s international equity product line.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.75 | 23.1 | 8.85 | 1.25 |
