ProShares Pet Care ETF

What kind of companies drive the pet care industry

Pets today are more than companions—they are part of the family. And caring for them is big business. The global pet care industry could exceed $350 billion by 2027. Domestically, it has grown steadily every year since 2001, even during the Great Recession. The companies driving this extraordinary growth typically fall into one of several broad categories: pet health, pet supplies and stores, or pet food. Who are some of these companies and what kind of services do they provide? Let’s take a look.

Pet Health

Providers for veterinary services, pharmaceuticals, diagnostics and other pet health products.
IDEXX Laboratories, Inc.

May 5, 2022Headquarters: Westbrook, Maine

  • An industry leader in veterinary diagnostics research and development.
  • Provides pet wellness diagnostics, including tests for parasites, pancreatic and cardiac health.

Pet Supplies & Stores

Manufacturers and retailers of a variety of pet supplies
Chewy, Inc.

April 1, 2022Headquarters: Dania Beach, Florida

  • A leading online retailer selling pet food, toys, veterinary medications and other pet-related products.
  • With more than 60,000 products available, provides cost-effective overnight delivery of pet supplies to approximately 80% of the United States (~100% in two days) through nine fulfillment centers.

Pet Food

Producers of traditional and premium pet foods and treats.
Freshpet, Inc.

April 1, 2022Headquarters: Secaucus, New Jersey

  • Founded in 2006, a leader in the fresh pet food industry using farm-fresh ingredients to manufacture preservative- and additive-free refrigerated food and treats for cats and dogs.
  • Products distributed in over 20,000 stores in North America, including natural food retailers, pet specialty stores and major retailers.

About PAWZ and the FactSet Pet Care Index

The ProShares Pet Care ETF (PAWZ) is the first ETF focused on the pet care industry. It invests in companies that potentially stand to benefit from the proliferation of pet ownership and the emerging trends affecting how we care for our pets.

PAWZ follows the FactSet Pet Care IndexTM. The index consists of U.S. and international companies whose principal revenue comes from one of eight FactSet Revere Business Industry Classification Systems ("RBICS"), or companies who generate at least $1 billion in annual revenue from an RBICS subindustry, or who are identified by FactSet as pet care related businesses.



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