Big Data Refiners ETF - DAT Big Data Refiners ETF

ProShares Big Data Refiners ETF seeks investment results, before fees and expenses, that track the performance of the FactSet Big Data Refiners Index.

ProShares Big Data Refiners ETF invests in companies that help businesses process massive amounts of data to draw competitive insights.

  • Data is being created at an unprecedented rate—approximately 64 zettabytes (six trillion gigabytes) of data was generated in 2020. For businesses, data has become an important commodity, and unlocking insights can improve efficiencies and reduce costs.
  • Ninety-two percent of corporate executives say the pace of their big data and AI investments has accelerated, according to a 2021 NewVantage Partners survey of Fortune 1000 companies. Of those surveyed, 81% were optimistic about the future of AI and big data in their firms.
  • The global big data market has expanded quickly, reaching $208 billion in 2020. By 2026, it is projected to grow to $450 billion, according to a 2021 Expert Market Research Report.
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No distributions have been made for this fund.

Sources: ProShares; Datacenter News, March, 2021; Expert Market Research, Global Big Data Market Size, Share, Growth, and Forecast 2021-2026, June 2021; NewVantage Partners, 2021 Big Data and AI Executive Survey, 2021.