MAKX

S&P Kensho Smart Factories ETF

MAKX invests in a global portfolio of companies at the forefront of the emerging smart factories theme.

How to Buy
Why MAKX?
Targets High-Growth Innovation

The rise of smart factories is a long-term, global trend driven by the emergence of AI, robotics, and other tech advancements.

Multiple Tailwinds

In addition to tech innovation, aging populations, rising labor costs, and a shift toward near-shoring are all incentivizing greater automation in manufacturing.

Efficient Exposure

MAKX invests in dozens of companies with high exposure to the growing smart factories theme—all in one convenient trade.

Performance
About the Fund
Exposures
Holdings
Index
Distributions
View fund details
Documents & Downloads
ETF & Index
Fund Fact Sheet
This links to a pdf file This link opens a new window
NAV History
This links to a pdf file This link opens a new window
Prospectus & Regulatory
Summary Prospectus
Statutory Prospectus
SAI
Annual Report
Semi-Annual Report

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Growth of $10,000

Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years

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

Month-End Total Returns as of 4/30/2026
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
MAKX NAV 20.81% 16.40% 15.14% 25.49% 81.08% 25.43% -- -- 10.62% 09/29/2021
MAKX Market Price 20.84% 16.31% 15.14% 25.33% 80.84% 25.41% -- -- 10.60% 09/29/2021
S&P Kensho Smart Factories Index 20.88% 16.55% 15.48% 25.76% 82.09% 25.40% -- -- 10.84% --

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
    MAKX
  • Intraday Ticker
    MAKX.IV
  • CUSIP
    74347G481
  • Inception Date
    9/29/21
  • Net Assets
    $5,223,584
  • Expense Ratio
    0.58%
  • NAV Calculation Time
    4:00 p.m. ET
  • Options Available
    Yes
Characteristics
as of 5/31/2026
  • Price/Earnings Ratio
    200
  • Price/Book Ratio
    3.31

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Avg. Market Cap
    $248.05 billion

    Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.

Price
as of 6/12/2026
  • NAV
    $69.65
  • NAV Change
    $+0.56 up caret
  • Market Price
    $69.64
  • Market Price Change
    $+0.64 up caret
  • Trading Volume (M)
    645
  • 30-Day Median Bid Ask Spread
    0.49%
  • View Premium / Discount
Distributions
as of 5/31/2026
  • Distribution Frequency
    Quarterly
  • 12-Month Yield
    0.10%

    12-Month Yield represents the sum of the funds dividends for the last 12 months divided by the sum of the last month's NAV and any capital gain distributions made over the past 12 months.

  • Distribution Details
Snapshot
  • Ticker
    MAKX
  • Intraday Ticker
    MAKX.IV
  • CUSIP
    74347G481
  • Inception Date
    9/29/21
  • Net Assets
    $5,223,584
  • Expense Ratio
    0.58%
  • NAV Calculation Time
    4:00 p.m. ET
  • Options Available
    Yes
Characteristics
as of 5/31/2026
  • Price/Earnings Ratio
    200
  • Price/Book Ratio
    3.31

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Avg. Market Cap
    $248.05 billion

    Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.

Price
as of 6/12/2026
  • NAV
    $69.65
  • NAV Change
    $+0.56 up caret
  • Market Price
    $69.64
  • Market Price Change
    $+0.64 up caret
  • Trading Volume (M)
    645
  • 30-Day Median Bid Ask Spread
    0.49%
  • View Premium / Discount
Distributions
as of 5/31/2026
  • Distribution Frequency
    Quarterly
  • 12-Month Yield
    0.10%

    12-Month Yield represents the sum of the funds dividends for the last 12 months divided by the sum of the last month's NAV and any capital gain distributions made over the past 12 months.

  • Distribution Details

Exposures

Fund as of 6/12/2026

Holdings

as of 6/12/2026

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
7.84% OUST OUSTER INC -- $409,343.00 10,285 BMHVMY7
6.36% DDD 3D SYSTEMS CORP -- $332,168.55 110,355 2889768
6.31% AMBQ AMBIQ MICRO INC -- $329,730.24 3,892 BV2D081
6.01% SKM SK TELECOM CO LTD-SPON ADR -- $314,147.36 8,198 BMCNGB3
5.91% CGNX COGNEX CORP -- $308,890.16 4,856 2208288
5.79% ROK ROCKWELL AUTOMATION INC -- $302,245.72 658 2754060
5.60% EMR EMERSON ELECTRIC CO -- $292,292.01 2,043 2313405
4.73% ADSK AUTODESK INC -- $246,846.92 1,244 2065159
4.09% CEVA CEVA INC -- $213,717.29 4,643 2986937
4.07% AMAT APPLIED MATERIALS INC -- $212,718.75 375 2046552
3.73% TSEM TOWER SEMICONDUCTOR LTD -- $195,086.64 742 2898173
3.62% ALNT ALLIENT INC -- $189,227.27 2,071 2414717
3.40% ON ON SEMICONDUCTOR -- $177,754.38 1,522 2583576
3.30% SANM SANMINA CORP -- $172,260.00 675 B92RRW2
3.27% FLS FLOWSERVE CORP -- $170,817.16 2,188 2288406
3.12% AIT APPLIED INDUSTRIAL TECH INC -- $162,935.99 509 2086309
3.06% ZBRA ZEBRA TECHNOLOGIES CORP-CL A -- $159,665.58 699 2989356
3.04% NVDA NVIDIA CORP -- $158,817.06 774 2379504
2.97% SSYS STRATASYS LTD -- $155,190.16 17,398 B7WD7D7
2.94% DOV DOVER CORP -- $153,723.01 707 2278407
2.82% TKC TURKCELL ILETISIM HIZMET-ADR -- $147,149.86 24,607 2801687
2.77% SNPS SYNOPSYS INC -- $144,790.91 319 2867719
2.77% AMBA AMBARELLA INC -- $144,506.96 2,132 B7KH3G6
2.21% PKX POSCO HOLDINGS INC -SPON ADR -- $115,495.68 1,824 2692795
-- -- NET OTHER ASSETS (LIABILITIES) -- $13,813.86 13,814 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

as of 3/31/2026

  • Total Number of Companies22
  • Price/Earnings Ratio101.35
  • Price/Book Ratio2.56
  • Dividend Yield ( % )0.79
  • Avg. Index Market Capitalization$31.20 billion
About the Index

The S&P Kensho Smart Factories Index is designed to measure the performance of U.S.-listed companies focused on building technologies or products that enable the digitalization of manufacturing activities.

Distributions

For

2026
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

 

 

Sources: United Nations, Department of Economic and Social Affairs, August 2019; Plex Systems, State of Manufacturing Technology Report, 2020; MarketsandMarkets, Smart Factory Market Size Global Forecast 2026, 2021

Get the latest perspectives and updates.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

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

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.

There is no guarantee that capital gain distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

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 their summary and full prospectuses for a more complete description of risks.

Investments in smart factory technology are subject to risks associated with a developing industry and there is no guarantee that these companies will be successful.

Smart factory technology companies may have limited product lines, markets, and resources. Such companies are subject to risks such as rapid changes in technology; intense competition; impairment of intellectual property rights; changing consumer preferences and product obsolescence; evolving industry standards and regulations; security and privacy failures or constraints; dependence on third-party vendors; disruptions of access or systems; ability to deploy or integrate at scale; and the impact of research and development costs. 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.

This fund may be subject to risks associated with the semiconductor and semiconductor equipment industry as well as the capital goods industry. A more complete discussion of risks is found in the prospectus.

This fund is non-diversified and concentrates its investments in certain sectors. Non-diversified and narrowly focused investments typically exhibit higher volatility.

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.

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.

The "S&P Kensho Smart Factories 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 Kensho Smart Factories 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.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

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