Large Cap Core Plus - CSM Large Cap Core Plus

ProShares Large Cap Core Plus seeks investment results, before fees and expenses, that track the performance of the Credit Suisse 130/30 Large Cap Index.

ProShares Large Cap Core Plus (CSM) is a multi-factor ETF. CSM’s index has outperformed the S&P 500 since the index's inception more than 10 years ago, and has done so on a consistent basis.

  • Outperformance is rare in large cap 94% percent of large-cap mutual funds failed to beat the S&P 500 over time, and most passive strategies are designed only to match market returns. But CSM index has beaten the S&P 500 on a trailing basis since the fund’s inception in 4/23/08.
  • Consistent outperformance is even rarer and its record of besting the S&P 500 on a month-over-month basis surpasses 90% of all large-cap blend mutual funds and ETFs.
  • CSM is built on a disciplined, multi-factor approach. One of the longest-running smart beta funds, CSM’s strategy combines multiple well-established factors to achieve performance. The portfolio’s design seeks to turn incremental returns over time into consistent outperformance.
  • Learn more about CSM's smart beta approach.

Index/Benchmark Summary

The Credit Suisse 130/30 Large Cap Index is designed to replicate an investment strategy that establishes either long or short positions in certain of the 500 largest U.S. market cap equities (the "Universe") by applying a rules-based ranking and weighting methodology detailed below. The design intends to provide an indexed representation of a quantitatively constructed 130/30 U.S. large cap equity strategy. This results in the Index having total long exposure of 130% and total short exposure of 30% at each monthly reconstitution date. The Index will have risk characteristics similar to the Universe and will generally rise and fall with the Universe, with the goal, but not guarantee, of incremental risk-adjusted outperformance as compared to the Universe.

As of 9/30/21

Fundamentals

Total Number
of Companies
Price/Earnings
Ratio
Price/Book
Ratio
Dividend Yield 1
(%)
Average Index Market
Capitalization
Tracking Error
(%)
Monthly Turnover
(%)
Long Short Long Short Long Short Long Short Long Short
307 153 27.57 26.35 7.68 5.86 1.41 1.42 $112.21 billion $36.37 billion 1.55 16.02
1 = Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Top 10 Index Companies (Long) Weight
Apple Inc. 5.71%
Microsoft Corp 5.37%
Amazon.com Inc 3.42%
Facebook Inc A 2.01%
Alphabet Inc A 1.81%
Berkshire Hathaway B 1.75%
Alphabet Inc C 1.68%
Tesla, Inc 1.22%
Adobe Inc. 1.11%
Johnson & Johnson 1.05%
Index Sector Weightings (Long)2
Information Technology 28.56%
Consumer Discretionary 18.36%
Health Care 17.48%
Financials 14.10%
Industrials 12.46%
Communication Services 12.44%
Consumer Staples 8.26%
Real Estate 5.52%
Energy 5.47%
Materials 4.38%
Utilities 3.29%
Top 10 Index Companies (Short) Weight
Norwegian Cruise Line Holdings Ltd 0.43%
Royal Caribbean Group 0.41%
Live Nation Entertainment Inc. 0.40%
Carnival Corp 0.40%
NetApp Inc 0.36%
Huntington Bancshares (OH) 0.36%
Tractor Supply Co 0.36%
Regency Centers Corp 0.35%
Wabtec 0.35%
Advance Auto Parts Inc 0.35%
Index Sector Weightings (Short)2
Industrials 5.63%
Consumer Discretionary 5.05%
Financials 4.68%
Information Technology 3.16%
Real Estate 2.67%
Utilities 2.35%
Health Care 2.17%
Materials 2.08%
Energy 1.07%
Consumer Staples 1.07%
Communication Services 0.40%

2 = Sum of weightings may not equal 100% due to rounding.


 

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index.

Investing involves risk, including the possible loss of principal. Short positions lose value as security prices increase. Leverage can increase market exposure and magnify investment risk. These risks can increase volatility and decrease performance. Please see the summary and full prospectus for a more complete description of risks.

The Credit Suisse 130/30 Large Cap Index is designed to replicate an investment strategy that establishes either long or short positions in certain of the 500 largest U.S. market cap equities (the "Universe"). Short positions will approximate 30% of the portfolio’s value. The model anticipates the purchase of 30% more in long positions using leverage. There is no guarantee this methodology will result in returns exceeding the Universe returns. It is not possible to invest directly in an index.

"Credit Suisse" and "Credit Suisse 130/30 Large Cap Index™" are trademarks of Credit Suisse Securities (USA) LLC or one of its affiliates and have been licensed for use by ProShares. ProShares have not been passed on by Credit Suisse or its affiliates as to their legality or suitability. ProShares based on the Credit Suisse 130/30 Large Cap Index are not sponsored, endorsed, or promoted by Credit Suisse or its affiliates, and they make no representation regarding the advisability of investing in ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

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.

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ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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