S&P Kensho Smart Factories ETF - MAKX S&P Kensho Smart Factories ETF

ProShares S&P Kensho Smart Factories ETF seeks investment results, before fees and expenses, that track the performance of the S&P Kensho Smart Factories Index.

ProShares S&P Kensho Smart Factories ETF is the first ETF focused on investing in companies that help businesses automate manufacturing activities by integrating physical assets with digital capabilities.

  • United Nations projections indicate the potential for a labor shortage in the world’s largest economies. Automating manufacturing with robotics and data processing capabilities could help businesses meet manufacturing demands.
  • The adoption of smart factory technology could help companies improve control and visibility across their operations. A 2020 global survey found that 24% of manufacturers have already implemented smart manufacturing initiatives and more than 50% were planning to move in that direction.
  • Evolving technology, increasingly complex supply chains, and the forces of globalization are bolstering the growth of smart factories. The global market is projected to grow from $80 billion in 2021 to $135 billion in 2026, according to a 2021 MarketsandMarkets report.
  • Read more about ProShares S&P Kensho Smart Factories ETF
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  • Get the latest insights on our thematic strategies.

Fund Snapshot

Ticker MAKX
Intraday Ticker MAKX.IV
CUSIP 74347G481
Inception Date 9/29/21
Expense Ratio 0.58%
NAV Calculation Time 4:00 p.m. ET
Distributions Quarterly

Fund Holdings Information as of 10/21/21

3D SYSTEMS CORP 6.35%
ROCKWELL AUTOMATION INC 6.18%
AMBARELLA INC 6.02%
COGNEX CORP 5.97%
AUTODESK INC 5.73%
ASPEN TECHNOLOGY INC 5.72%
EMERSON ELECTRIC CO 5.21%
PTC INC 5.17%
ABB LTD-SPON ADR 4.76%
HOLLYSYS AUTOMATION TECHNOLO 4.62%

Fund Country Weightings as of 10/21/21

UNITED STATES 84.00%
SWITZERLAND 4.77%
CHINA 4.63%
ISRAEL 3.57%
GERMANY 3.03%

Fund Characteristics as of 9/22/21

Weighted Average Market Cap $25.49 billion

Index Fundamentals as of 9/30/21

Index Dividend Yield (%) 3.90

Price Information as of 10/21/21

NAV $42.19
NAV Change -$0.00
Market Price Closing $42.13
Market Price Closing Change -$0.00
Daily Trading Volume 119

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