CTEX
S&P Kensho Cleantech ETF
Why Invest in CTEX?
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CTEX invests in companies involved in developing and building the green technologies that could power the future in areas like hydro, solar, wind, and geothermal.
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The advancement of clean technology is critical to meeting the Paris Agreement goal of net-zero energy emissions by 2050. A BloombergNEF forecast states that to meet the deadline, emissions must decline 30% from 2019 levels by 2030. Renewable energy sources like solar, wind, and hydrogen could play a central role in this transition.
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Both the public and private markets are investing in clean technology. The Biden administration has called for massive government spending in this area, and global companies like Goldman Sachs, Google and Microsoft have announced substantial commitments to clean technology.
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Clean technology could be a catalyst for economic growth, driving $1-2 trillion of green infrastructure investments per year and creating 15-20 million jobs globally, according to a 2020 Goldman Sachs research report.
Why Invest in CTEX?
-
CTEX invests in companies involved in developing and building the green technologies that could power the future in areas like hydro, solar, wind, and geothermal.
-
The advancement of clean technology is critical to meeting the Paris Agreement goal of net-zero energy emissions by 2050. A BloombergNEF forecast states that to meet the deadline, emissions must decline 30% from 2019 levels by 2030. Renewable energy sources like solar, wind, and hydrogen could play a central role in this transition.
-
Both the public and private markets are investing in clean technology. The Biden administration has called for massive government spending in this area, and global companies like Goldman Sachs, Google and Microsoft have announced substantial commitments to clean technology.
-
Clean technology could be a catalyst for economic growth, driving $1-2 trillion of green infrastructure investments per year and creating 15-20 million jobs globally, according to a 2020 Goldman Sachs research report.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| CTEX Market Price | 1.96% | -13.58% | -7.13% | -13.58% | -30.50% | -- | -- | -- | -19.22% | 09/29/2021 |
| CTEX NAV | 2.06% | -13.46% | -7.14% | -13.46% | -30.50% | -- | -- | -- | -19.20% | 09/29/2021 |
| S&P Kensho Cleantech Index | 2.05% | -13.50% | -7.06% | -13.50% | -30.38% | -- | -- | -- | -18.91% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| CTEX Market Price | 1.96% | -13.58% | -7.13% | -13.58% | -30.50% | -- | -- | -- | -19.22% | 09/29/2021 |
| CTEX NAV | 2.06% | -13.46% | -7.14% | -13.46% | -30.50% | -- | -- | -- | -19.20% | 09/29/2021 |
| S&P Kensho Cleantech Index | 2.05% | -13.50% | -7.06% | -13.50% | -30.38% | -- | -- | -- | -18.91% | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker CTEX
- Intraday Ticker CTEX.IV
- CUSIP 74347G515
- Inception Date 9/29/21
- Expense Ratio 0.58%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Characteristics
as of 3/31/2024- Distribution Yield 0.15%
Distribution Yield represents the annualized yield based on the last income distribution.
- SEC 30-Day Yield 0.65%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
Price
as of 4/18/2024- NAV $20.17
- NAV Change $-0.35
- Market Price $20.19
- Market Price Change $-0.37
- Trading Volume (M) 166
- 30-Day Median Bid Ask Spread 1.68%
- View Premium / Discount
Snapshot
- Ticker CTEX
- Intraday Ticker CTEX.IV
- CUSIP 74347G515
- Inception Date 9/29/21
- Unitary Expense Ratio 0.58%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Characteristics
as of 3/31/2024- Distribution Yield 0.15%
Distribution Yield represents the annualized yield based on the last income distribution.
- SEC 30-Day Yield 0.65%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
Price
as of 4/18/2024- NAV $20.17
- NAV Change $-0.35
- Market Price $20.19
- Market Price Change $-0.37
- Trading Volume (M) 166
- 30-Day Median Bid Ask Spread 1.68%
- View Premium / Discount
Exposures
Fund as of 4/18/2024
Holdings
as of 4/18/2024
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 5.12% | CMI | CUMMINS INC | -- | $155,035.44 | 532 | 2240202 |
| 4.62% | GNRC | GENERAC HOLDINGS INC | -- | $139,876.56 | 1,048 | B6197Q2 |
| 4.43% | NXT | NEXTRACKER INC-CL A | -- | $133,946.24 | 3,008 | BR1GTS6 |
| 4.37% | ENPH | ENPHASE ENERGY INC | -- | $132,314.04 | 1,212 | B65SQW4 |
| 4.32% | FSLR | FIRST SOLAR INC | -- | $130,717.50 | 750 | B1HMF22 |
| 4.11% | TPIC | TPI COMPOSITES INC | -- | $124,471.68 | 46,272 | BYYGK12 |
| 4.07% | ACA | ARCOSA INC | -- | $123,066.72 | 1,624 | BGPZ5W8 |
| 4.00% | ADT | ADT INC | -- | $121,146.54 | 19,603 | BFWCP81 |
| 3.82% | HY | HYSTER-YALE MATERIALS | -- | $115,716.96 | 1,972 | B7LG306 |
| 3.79% | AMAT | APPLIED MATERIALS INC | -- | $114,648.80 | 590 | 2046552 |
| 3.76% | ORA | ORMAT TECHNOLOGIES INC | -- | $113,759.36 | 1,808 | B03L311 |
| 3.74% | AMSC | AMERICAN SUPERCONDUCTOR CORP | -- | $113,070.25 | 9,623 | BWH64F7 |
| 3.35% | RUN | SUNRUN INC | -- | $101,342.64 | 10,024 | BYXB1Y8 |
| 3.30% | DQ | DAQO NEW ENERGY CORP-ADR | -- | $99,810.45 | 4,395 | B953PM3 |
| 3.25% | GLW | CORNING INC | -- | $98,386.53 | 3,183 | 2224701 |
| 2.99% | BE | BLOOM ENERGY CORP- A | -- | $90,509.25 | 9,283 | BDD1BB8 |
| 2.96% | FCEL | FUELCELL ENERGY INC | -- | $89,603.14 | 96,275 | BK6S6J8 |
| 2.93% | BLDP | BALLARD POWER SYSTEMS INC | -- | $88,710.82 | 32,978 | 2120371 |
| 2.92% | VMI | VALMONT INDUSTRIES | -- | $88,501.84 | 422 | 2926825 |
| 2.79% | SEDG | SOLAREDGE TECHNOLOGIES INC | -- | $84,535.47 | 1,473 | BWC52Q6 |
| 2.76% | PLUG | PLUG POWER INC | -- | $83,598.08 | 30,848 | 2508386 |
| 2.75% | CSIQ | CANADIAN SOLAR INC | -- | $83,344.08 | 5,736 | B1GKCH1 |
| 2.74% | ARRY | ARRAY TECHNOLOGIES INC | -- | $82,834.47 | 7,551 | BLBLMD5 |
| 2.64% | EOSE | EOS ENERGY ENTERPRISES INC | -- | $79,912.94 | 103,810 | BN7KCQ3 |
| 2.51% | TSLA | TESLA INC | -- | $75,864.58 | 506 | B616C79 |
| 2.45% | JKS | JINKOSOLAR HOLDING CO-ADR | -- | $73,990.56 | 3,416 | B64H9N4 |
| 2.17% | SHLS | SHOALS TECHNOLOGIES GROUP -A | -- | $65,515.80 | 7,980 | BMDJ085 |
| 1.99% | SPWR | SUNPOWER CORP | -- | $60,224.48 | 26,648 | B59DK93 |
| 1.47% | MAXN | MAXEON SOLAR TECHNOLOGIE | -- | $44,563.97 | 23,271 | BMH1V17 |
| 1.37% | NOVA | SUNNOVA ENERGY INTERNATIONAL | -- | $41,341.86 | 10,937 | BJ9N563 |
| 1.13% | -- | GE VERNOVA INC COMMON STOCK USD 0.01 | -- | $34,167.78 | 249 | -- |
| 0.99% | SOL | EMEREN GROUP LTD | -- | $29,957.58 | 17,217 | BYM5JB4 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $11,489.67 | 11,490 | -- |
Index
as of 3/28/2024
- Total Number of Companies32
- Price/Earnings Ratio--
- Price/Book Ratio1.722
- Dividend Yield ( % )0.58
- Avg. Index Market Capitalization$33.88 billion
About the Index
The S&P Kensho Cleantech Index is designed to track the performance of companies focused on building the technologies or products that enable the generation of energy in a clean manner, as determined by the index provider.
To be selected for the Index, a company must produce products or services related to clean energy technology, as identified by the index provider’s automated scan of recent company-issued filings. The Index Provider categorizes selected companies as “Core” if clean energy technology products or services are determined to be principal business strategy components. All other selected companies are categorized as “Non-Core”. Securities are equal weighted within each category: Core securities are overweighted relative to Non-Core securities in the Index. The Index includes U.S., non-U.S. developed, and emerging market companies and is reconstituted annually and rebalanced semiannually.
Distributions
For
- 2024
- 2023
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
Sources: BloombergNEF New Energy Outlook, 2021; “Statement from the White House, April 2021;” Goldman Sachs, Carbonomics, The Green Engine of Economic Recovery, June 2020; Goldman Sachs, 2021; Google Sustainability, 2021; Microsoft CSR, 2021