DAT

Big Data Refiners ETF

Why Invest in DAT?

  • Data is being created at an unprecedented rate—approximately 64 zettabytes (six trillion gigabytes) of data was generated in 2020. For businesses, data has become an important commodity, and unlocking insights can improve efficiencies and reduce costs.

  • Ninety-two percent of corporate executives say the pace of their big data and AI investments has accelerated, according to a 2021 NewVantage Partners survey of Fortune 1000 companies. Of those surveyed, 81% were optimistic about the future of AI and big data in their firms.

  • The global big data market has expanded quickly, reaching $208 billion in 2020. By 2026, it is projected to grow to $450 billion, according to a 2021 Expert Market Research Report.

Why Invest in DAT?

  • Data is being created at an unprecedented rate—approximately 64 zettabytes (six trillion gigabytes) of data was generated in 2020. For businesses, data has become an important commodity, and unlocking insights can improve efficiencies and reduce costs.

  • Ninety-two percent of corporate executives say the pace of their big data and AI investments has accelerated, according to a 2021 NewVantage Partners survey of Fortune 1000 companies. Of those surveyed, 81% were optimistic about the future of AI and big data in their firms.

  • The global big data market has expanded quickly, reaching $208 billion in 2020. By 2026, it is projected to grow to $450 billion, according to a 2021 Expert Market Research Report.

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

Performance

Growth of $10,000

Chart data from Thomson Reuters. 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. Data is delayed at least 15 minutes.

Total Return

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
DAT Market Price -14.59% -22.46% -39.68% -37.84% -- -- -- -- -39.43% 09/29/2021
DAT NAV -14.69% -22.52% -39.70% -37.86% -- -- -- -- -39.57% 09/29/2021
FactSet Big Data Refiners IndexTM   -14.70% -22.46% -39.62% -37.79% -- -- -- -- -52.75% --

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 DAT
  • Intraday Ticker DAT.IV
  • CUSIP 74347G457
  • Inception Date 9/29/21
  • Unitary Expense Ratio 0.58%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 7/01/2022
  • NAV $23.56
  • NAV Change $+0.60 up caret
  • Market Price $23.59
  • Market Price Change $+0.62 up caret
  • Trading Volume (M) 830
  • 30-Day Median Bid Ask Spread 0.27%
  • View Premium / Discount
Snapshot
  • Ticker DAT
  • Intraday Ticker DAT.IV
  • CUSIP 74347G457
  • Inception Date 9/29/21
  • Unitary Expense Ratio 0.58%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 7/01/2022
  • NAV $23.56
  • NAV Change $+0.60 up caret
  • Market Price $23.59
  • Market Price Change $+0.62 up caret
  • Trading Volume (M) 830
  • 30-Day Median Bid Ask Spread 0.27%
  • View Premium / Discount

Exposures

Index as of 3/31/2022 and Fund as of 7/01/2022

Holdings

as of 7/01/2022

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts
5.32% SNOW SNOWFLAKE INC-CLASS A -- $125,307.51 867
4.95% PLTR PALANTIR TECHNOLOGIES INC-A -- $116,718.57 12,591
4.79% ESTC ELASTIC NV -- $112,796.64 1,584
4.78% DT DYNATRACE INC -- $112,654.47 2,747
4.70% MDB MONGODB INC -- $110,832.12 412
4.59% TDC TERADATA CORP -- $108,260.89 2,897
4.59% NICE NICE LTD -- $108,028.39 567
4.58% DDOG DATADOG INC - CLASS A -- $107,921.40 1,068
4.47% FIVN FIVE9 INC -- $105,245.03 1,111
4.46% TYL TYLER TECHNOLOGIES INC -- $105,172.20 315
4.27% ZBRA ZEBRA TECHNOLOGIES CORP-CL A -- $100,578.24 336
4.16% SPLK SPLUNK INC -- $98,121.32 1,067
3.98% NTNX NUTANIX INC - A -- $93,829.70 6,310
3.97% ZEN ZENDESK INC -- $93,435.54 1,254
3.68% NEWR NEW RELIC INC -- $86,751.21 1,677
3.47% CFLT CONFLUENT INC-CLASS A -- $81,791.82 3,333
3.44% AYX ALTERYX INC - CLASS A -- $80,997.38 1,634
3.38% CVLT COMMVAULT SYSTEMS INC -- $79,715.52 1,244
3.23% VRNT VERINT SYSTEMS INC -- $76,097.70 1,799
2.90% NTCT NETSCOUT SYSTEMS INC -- $68,390.12 2,033
2.84% INFA INFORMATICA INC - CLASS A -- $66,869.65 3,103
2.17% IDCC INTERDIGITAL INC -- $51,225.30 846
1.88% MSTR MICROSTRATEGY INC-CL A -- $44,360.82 266
1.39% -- BRAZE INC COMMON STOCK USD 0.0001 -- $32,648.50 835
1.19% LPSN LIVEPERSON INC -- $28,041.86 1,946
1.13% -- ENGHOUSE SYSTEMS LTD COMMON STOCK CAD 0 -- $26,684.48 1,210
1.07% TWOU 2U INC -- $25,259.50 2,062
0.97% DOMO DOMO INC - CLASS B -- $22,852.60 815
0.82% SUMO SUMO LOGIC INC -- $19,228.69 2,507
0.62% PWSC POWERSCHOOL HOLDINGS INC-A -- $14,653.10 1,210
0.53% -- AVEPOINT INC COMMON STOCK USD 0.0001 -- $12,525.90 2,913
0.51% APX APPEN LTD -- $11,973.04 3,038
0.46% SWI SOLARWINDS CORP -- $10,753.05 1,029
0.42% 6287 SATO HOLDINGS CORP -- $9,880.83 723
-- -- NET OTHER ASSETS (LIABILITIES) -- $6,470.20 6,470

Index

as of 3/31/2022

  • Total Number of Companies32
  • Price/Earnings Ratio0
  • Price/Book Ratio7.983
  • Dividend Yield ( % )0.14
  • Avg. Index Market Capitalization$10.84 billion
About the Index

The FactSet Big Data index is designed to track the performance of companies that provide analytics, software, hardware and other computing infrastructure for managing and extracting information from large structured and unstructured datasets, as determined by the index methodology.

To be selected for the index, a company must generate at least 75% of its revenue from products or services associated with at least one or more of nine FactSet Revere Business Industry Classification System Sub-Industries that the index provider has identified as related to big data refiners. If fewer than 25 companies are included in the index, the index provider will reduce the revenue requirement to 50%, and the top 25 companies will be included in the index.

Selected companies are weighted based on market capitalization, subject to a maximum weight of 4.5% for any single company. The index includes U.S., non-U.S. developed, and emerging market companies and is reconstituted and rebalanced semiannually.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

 

 

Sources: ProShares; Datacenter News, March, 2021; Expert Market Research, Global Big Data Market Size, Share, Growth, and Forecast 2021-2026, June 2021; NewVantage Partners, 2021 Big Data and AI Executive Survey, 2021.

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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.

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.

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.

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

There is no guarantee that 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 big data technology are subject to risks associated with a developing industry and there is no guarantee that these companies will be successful.

Big data companies may have limited product lines, markets, and resources. Such companies are subject to risks such as rapid changes in technology; short product life cycles; impairment of intellectual property rights; intense competition; evolving industry standards and regulations; security and privacy failures or constraints; dependence on third-party vendors; and the impact of research and development and mergers and acquisition 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 additional risks associated with the software and services 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 "FactSet Big Data Refiners Index" and "FactSet" are trademarks of FactSet Research Systems Inc. and have been licensed for use by ProShare Advisors LLC. ProShares have not been passed on by these entities or their affiliates as to their legality or suitability. ProShares based on the FactSet Big Data Refiners Index are not sponsored, endorsed, sold, or promoted by FactSet Research Systems Inc., and it makes no representation regarding the advisability of investing in ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES. FactSet Research Systems Inc. does not guarantee the accuracy and/or the completeness of the FactSet Big Data Refiners Index or any data included therein, and FactSet Research Systems Inc. shall have no liability for any errors, omissions, or interruptions therein.

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

ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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