MAKX
S&P Kensho Smart Factories ETF
Why Invest in MAKX?
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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.
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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.
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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.
Why Invest in MAKX?
-
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.
Documents & Downloads
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Performance
Growth of $10,000
Since Inception
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
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| MAKX Market Price | 1.56% | 0.89% | 16.06% | 0.89% | 7.22% | -- | -- | -- | -1.21% | 09/29/2021 |
| MAKX NAV | 1.48% | 0.79% | 15.95% | 0.79% | 7.04% | -- | -- | -- | -1.24% | 09/29/2021 |
| S&P Kensho Smart Factories Index | 1.43% | 0.78% | 16.03% | 0.78% | 7.00% | -- | -- | -- | -0.89% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| MAKX Market Price | 1.56% | 0.89% | 16.06% | 0.89% | 7.22% | -- | -- | -- | -1.21% | 09/29/2021 |
| MAKX NAV | 1.48% | 0.79% | 15.95% | 0.79% | 7.04% | -- | -- | -- | -1.24% | 09/29/2021 |
| S&P Kensho Smart Factories Index | 1.43% | 0.78% | 16.03% | 0.78% | 7.00% | -- | -- | -- | -0.89% | -- |
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
- Expense Ratio 0.58%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Characteristics
as of 3/31/2024- Distribution Yield 0.2%
Distribution Yield represents the annualized yield based on the last income distribution.
- SEC 30-Day Yield 0.16%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
Price
as of 4/19/2024- NAV $34.31
- NAV Change $-0.06
- Market Price $34.29
- Market Price Change $-0.08
- Trading Volume (M) 5
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Snapshot
- Ticker MAKX
- Intraday Ticker MAKX.IV
- CUSIP 74347G481
- Inception Date 9/29/21
- Unitary Expense Ratio 0.58%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Characteristics
as of 3/31/2024- Distribution Yield 0.2%
Distribution Yield represents the annualized yield based on the last income distribution.
- SEC 30-Day Yield 0.16%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
Price
as of 4/19/2024- NAV $34.31
- NAV Change $-0.06
- Market Price $34.29
- Market Price Change $-0.08
- Trading Volume (M) 5
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Exposures
Fund as of 4/19/2024
Holdings
as of 4/19/2024
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 5.80% | EMR | EMERSON ELECTRIC CO | -- | $49,729.64 | 458 | 2313405 |
| 5.37% | AZPN | ASPEN TECHNOLOGY INC | -- | $46,045.04 | 232 | BP2V812 |
| 5.25% | OUST | OUSTER INC | -- | $45,029.24 | 6,289 | BMHVMY7 |
| 5.05% | HOLI | HOLLYSYS AUTOMATION TECHNOLO | -- | $43,355.30 | 1,766 | B0JCH50 |
| 4.77% | CGNX | COGNEX CORP | -- | $40,882.98 | 1,063 | 2208288 |
| 4.75% | ROK | ROCKWELL AUTOMATION INC | -- | $40,763.96 | 151 | 2754060 |
| 4.75% | ADSK | AUTODESK INC | -- | $40,702.00 | 188 | 2065159 |
| 4.39% | SKM | SK TELECOM CO LTD-SPON ADR | -- | $37,684.76 | 1,873 | BMCNGB3 |
| 3.71% | DDD | 3D SYSTEMS CORP | -- | $31,847.05 | 8,971 | 2889768 |
| 3.56% | AMAT | APPLIED MATERIALS INC | -- | $30,552.97 | 161 | 2046552 |
| 3.54% | DOV | DOVER CORP | -- | $30,401.36 | 179 | 2278407 |
| 3.53% | ZBRA | ZEBRA TECHNOLOGIES CORP-CL A | -- | $30,291.91 | 113 | 2989356 |
| 3.49% | AMD | ADVANCED MICRO DEVICES | -- | $29,914.56 | 204 | 2007849 |
| 3.48% | AI | C3.AI INC-A | -- | $29,816.08 | 1,439 | BMGNBJ2 |
| 3.42% | TSEM | TOWER SEMICONDUCTOR LTD | -- | $29,316.54 | 946 | 2898173 |
| 3.34% | SAP | SAP SE-SPONSORED ADR | -- | $28,650.51 | 163 | 2775135 |
| 3.32% | SANM | SANMINA CORP | -- | $28,490.47 | 493 | B92RRW2 |
| 3.19% | PTC | PTC INC | -- | $27,337.35 | 155 | B95N910 |
| 3.12% | AIT | APPLIED INDUSTRIAL TECH INC | -- | $26,783.70 | 146 | 2086309 |
| 2.96% | PATH | UIPATH INC - CLASS A | -- | $25,387.50 | 1,354 | BMD02L5 |
| 2.78% | FARO | FARO TECHNOLOGIES INC | -- | $23,817.83 | 1,273 | 2106661 |
| 2.63% | GLOB | GLOBANT SA | -- | $22,590.54 | 126 | BP40HF4 |
| 2.50% | SSYS | STRATASYS LTD | -- | $21,463.53 | 2,141 | B7WD7D7 |
| 2.48% | ON | ON SEMICONDUCTOR | -- | $21,309.21 | 351 | 2583576 |
| 2.24% | AMBA | AMBARELLA INC | -- | $19,224.31 | 469 | B7KH3G6 |
| 2.18% | PKX | POSCO HOLDINGS INC -SPON ADR | -- | $18,706.35 | 265 | 2692795 |
| 2.04% | TKC | TURKCELL ILETISIM HIZMET-ADR | -- | $17,501.26 | 3,049 | 2801687 |
| 1.98% | ALNT | ALLIENT INC | -- | $17,007.62 | 574 | 2414717 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $3,122.11 | 3,122 | -- |
Index
as of 3/28/2024
- Total Number of Companies28
- Price/Earnings Ratio--
- Price/Book Ratio2.245
- Dividend Yield ( % )0.54
- Avg. Index Market Capitalization$37.69 billion
About the Index
The S&P Kensho Smart Factories Index is designed to track the performance of companies that produce the technology empowering digitalized factories to improve manufacturing processes through self-optimization, as determined by the index methodology.
To be selected for the index, a company must produce products and services that enable factory digitalization, as identified by the index provider’s automated scan of recent company-issued filings.
The Index Provider categorizes selected companies as “Core” if factory digitalization products or services are determined to be principal business strategy components. All other selected companies are categorized as “Non-Core”. Securities are equal weighted within each category: Core securities are overweighted relative to Non-Core securities in the Index. The index includes U.S., non-U.S. developed and emerging market companies and is reconstituted annually and rebalanced semi-annually.
Distributions
For
- 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