Thematic
Fund Highlight

ION

S&P Global Core Battery Metals ETF

The first ETF to invest only in companies mining battery metals.

A green energy revolution is underway, fueling demand for lithium-ion batteries and metals needed to make them—lithium, nickel and cobalt.

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Why ION?

Soaring demand for lithium-ion batteries forecasted.

300% +

Increase in Lithium Demand

90% +

Increase in Cobalt Demand

60% +

Increase in Nickel Demand

“

An energy revolution is underway, driving a huge surge in demand for the lithium-ion batteries and the metals needed to produce them.

Access the Source

Focusing on the miners may be an effective way for investors to capitalize on the growing demand for battery power.

INVESTMENT OPPORTUNITY

Access the opportunity with companies that :

May benefit from limited supply and high demand.

Lithium production has doubled, but shortages are predicted by 2025.

Have demonstrated appealing characteristics.

These companies have generally been profitable and face limited competition in their mining operations.

Have solid business models.

Miners are able to scale production up or down to maximize potential earnings and profit margins.

Go Further

Uncover opportunities with thematic investing

ProShares Thematic ETFs provide investors with access to companies at the leading edge of trends transforming our economy and reimagining our future. Our ETFs focus on global shifts in technology, demographics and consumer behavior.

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Sources: Growth in metals demand (300%+ lithium, 60%+ nickel, 90%+ cobalt) through 2026: S&P Global Market Intelligence, as of Sept. 21, 2022. Battery metals miners: ProShares; Bloomberg; U.S. Geological Survey, “Mine production of lithium worldwide from 2010 to 2021,” January 2022; IEA, "Electric cars fend off supply challenges to more than double global sales," January 2022.
 
This information is not meant to be investment advice. There is no guarantee that the strategies discussed will be effective. Investment comparisons are for illustrative purposes only and not meant to be all-inclusive.

Any forward-looking statements herein are based on expectations of ProShare Advisors LLC at this time. ProShare Advisors LLC undertakes no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investing is currently subject to additional risks and uncertainties related to COVID-19, including general economic, market and business conditions; changes in laws or regulations or other actions made by governmental authorities or regulatory bodies; and world economic and political developments.
 
Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see summary and full prospectuses for a more complete description of risks.
 
Companies engaged in battery metals mining are subject to various risks, including: changes in the supply of and demand for battery metals; price changes resulting from inflation and inflation expectations; supply chain and other disruptions due to changing world events, economic conditions and political risks; currency fluctuations; regulatory and legislative scrutiny of the environmental impact of battery metal mining; and risks associated with the development of mineral deposits.
 
The index theme may not be the primary driver of company, index or fund performance. Companies in the index may have significant unrelated business lines, which could have a significant negative impact on company, index and fund performance.
 
Investments in non-U.S. securities may involve risks different from U.S. securities, including risks from geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability.
 
Investments in emerging markets generally are less liquid, more volatile and riskier than investments in more developed markets and are considered to be speculative.
 
Investments in smaller companies typically exhibit higher volatility. Small- and mid-cap companies may have limited product lines or resources, may be dependent upon a particular market niche and may have greater fluctuations in price than the stocks of larger companies. Small- and mid-cap companies may lack the financial and personnel resources to handle economic or industry-wide setbacks and, as a result, such setbacks could have a greater effect on small- and mid-cap security prices.
 
This ProShares ETF is non-diversified and concentrates its investments in certain sectors. Non-diversified and narrowly focused investments typically exhibit higher volatility.
 
Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
 
Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.
 
There is no guarantee any ProShares ETF will achieve its investment objective.
 
The "S&P Global Core Battery Metals Index" is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by ProShares. "S&P®" is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and "Dow Jones®" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. ProShares have not been passed on by S&P Dow Jones Indices LLC and its affiliates as to their legality or suitability. ProShares based on the "S&P Global Core Battery Metals Index" are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.
 
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