As provider of the one of the largest lineups of ETFs, ProShares enjoys broad coverage in the media. Here's some of what they are saying about ProShares.
Barron’s Lawrence C. Strauss covers the launch of TDV and TMDV.
Barron's: (November 5, 2019)
Barron’s contributor Lawrence C. Strauss states that ProShares is “putting its chips” in dividend growth by launching two new ETFs—ProShares S&P Technology Dividend Aristocrats ETF (TDV) and ProShares Russell U.S. Dividend Growers ETF (TMDV). He quotes Simeon Hyman, who states that dividend growth companies offer qualities “such as better margins and earnings consistency” and investors “can apply dividend growth in areas where people haven’t historically thought about high-growth companies.” TDV focuses on technology companies that have raised their dividends for seven consecutive years, while TMDV is a total market, all-cap fund that targets companies in the Russell 3000 Index that have raised their dividends for a minimum of 35 consecutive years. The new funds join six other ProShares ETFs, including NOBL, REGL and SMDV, to make up the dividend growth suite of products. See TDV holdings and index information. See TMDV holdings and index information.
The Wall Street Journal quotes Michael Sapir in feature story on the $4 trillion ETF industry.
WSJ: (October 28, 2019)
According to WSJ’s Michael Wursthorn, many asset managers believe the ETF industry is “entering a new phase of competition and oversaturation,” noting that over 90 funds have closed this year. ProShares' CEO Michael Sapir says it’s become harder to expand in the marketplace as more participants enter the ETF industry, leading to “a lot of roadkill out there.” Wursthorn points out that though ETF’s assets are growing, only 100 funds captured 83% of those assets, managed by the largest ETF providers. He notes that firms such as ProShares are launching niche funds with less competition and highlights PAWZ, the first ETF that allows investors to capitalize on people’s passion for their pets. See PAWZ performance.
ETF Trends says “the time is right” to consider PAWZ.
ETF Trends: (September 24, 2019)
ETF Trends contributor Todd Shriber says PAWZ has an “increasingly compelling” investment thesis “bolstered by a variety of companies and factors,” including veterinary products and services, retail, and health care. He quotes Simeon Hyman, who states that “the pet care business [has] experienced twice the percentage growth of GDP in the U.S. since 2007” and “industry insiders don’t see any signs pet owners will be any less willing to open their pocketbooks on pet care.” See PAWZ performance and holdings. See index holdings.
The Wall Street Journal features PAWZ in an interview with Simeon Hyman.
WSJ: (September 8, 2019)
In an interview with the Wall Street Journal’s Tim Mullaney, Simeon Hyman says the investment idea behind PAWZ—that people are “humanizing” their pets by spending more on premium quality food, grooming, and health care— “was one where you could look out the window and see the trend.” Mullaney says the $130 billion pet care industry is “growing faster than the general economy,” and the fund is up about 18% YTD. PAWZ invests in companies that stand to potentially benefit from the proliferation of pet ownership and emerging trends in the industry, including health care and retail. See PAWZ performance and holdings.
ETF Trends says "data bodes well" for ProShares PAWZ ETF.
ETF Trends: (August 28, 2019)
ETF Trends Todd Shriber says despite a recent decline, the ProShare Pet Care ETF (PAWZ) may offer an investment opportunity due to favorable datapoints underpinning the fund’s investment thesis. He says as more Americans own pets, sales in pet-related industries rise. Quoting ProShares’ Simeon Hyman, “pet ownership has expanded to 84.6 million households—more than double the 35 million households that have children” and “pet care industry sales, which stood at $132 billion globally in 2016, are projected to grow to $203 billion by 2025.” See PAWZ holdings and performance. (Sources: APPA 2017-2018 National Pet Ownership Survey; Grand View Research, March 2018)
Simeon Hyman highlights ProShares CLIX and ONLN in an interview about the current retail environment.
TD Ameritrade: (July 12, 2019)
In an interview with TD Ameritrade on the current retail environment, Simeon Hyman says though only 10% of US retail sales are occurring online, online sales are growing at 5 times the rate of the overall US retail market. He says there’s still plenty of room for growth in the retail space, arguing the e-commerce space “will likely get to somewhere at least between 25 and 30 percent of the retail universe.” He features ProShares CLIX, which combines a 100% long position in retailers that principally sell online with a 50% short position in brick-and-mortar retailers, and ProShares ONLN, which tracks retailers that principally sell online. See ONLN and CLIX holdings. (Source: U.S. Department of Commerce)
Simeon Hyman discusses the pet care investment opportunity in an interview on Yahoo Finance.
Yahoo Finance: (June 14, 2019)
In an interview on Yahoo Finance regarding the pet care industry, Simeon Hyman says themes such as pet parents, premiumization, and humanization of pets, are "very powerful trends." For investors interested in additional pet care investment opportunities he suggests "a basket approach that focuses on the broad opportunity in pet care" such as the ProShares Pet Care ETF (PAWZ), which tracks companies in the pet care industry. See PAWZ performance and holdings. See ONLN holdings.
Barron’s says the Dividend Aristocrats are “shrugging off market volatility,” features NOBL, REGL and SMDV.
Barron's: (June 5, 2019)
Barron’s Lawrence C. Strauss says despite recent market volatility, companies with long-term, consistent dividend increases “held up relatively well across various market capitalizations.” He highlights the S&P 500 Dividend Aristocrat Index, which consists of companies that have raised their dividends for a minimum of 25 consecutive years, as “one of the best-known examples of dividend longevity.” He features NOBL, REGL, and SMDV as large-, mid-, and small-cap funds that outperformed their parent indexes in May. See NOBL, REGL and SMDV performance. See NOBL holdings.
Barron’s highlights PAWZ in feature on the “booming” pet industry.
Barron's: (June 3, 2019)
Barron’s Jack Hough says the U.S. pet economy is “projected to expand by 3.9% this year to a record $75.4 billion” as spending on products such as pet food, veterinary services, and pet tech increases. He says spending on pet food has increased 4.5% to reach $31.7 billion this year, in part due to millennials “paying premium prices” for pet food. Meanwhile, veterinary care is expected to reach $19 billion this year. In addition, he quotes Simeon Hyman, ProShares’ global investment strategist, who says “there are more pets than children, and spending on pets is growing at double the rate of the economy.” He features the ProShares Pet Care ETF (PAWZ), which offers exposure to companies in the pet care industry. See PAWZ performance and index holdings. (Subscription required for access)
ETF Trends says the retail landscape is changing as more shoppers buy online, features ONLN.
ETF Trends: (May 10, 2019)
ETF Trends Todd Shriber says the retail landscape is changing as more consumers rely on the convenience of online shopping and “next-generation” retail ETFs focused on e-commerce, with significant exposure to Amazon, are benefitting. He features ONLN, the first ETF focused on retailers that principally sell online. The fund allocates roughly 25% of its weight to Amazon, and though a large weighting can signal potential concentration risk, Shriber says ONLN’s exposure could continue to benefit investors as shoppers continue to transition away from traditional brick-and-mortar stores. See ONLN holdings and performance.