ION
S&P Global Core Battery Metals ETF
Why Invest in ION?
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Global demand for lithium-ion batteries is rapidly rising.
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Significant mining of lithium, nickel and cobalt is critical in order to meet this growing demand for batteries.
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ION offers access to an array of global companies mining these these metals in a single ETF.
Why Invest in ION?
-
Global demand for lithium-ion batteries is rapidly rising.
-
Significant mining of lithium, nickel and cobalt is critical in order to meet this growing demand for batteries.
-
ION offers access to an array of global companies mining these these metals in a single ETF.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| ION Market Price | -11.44% | -7.75% | -14.25% | -14.25% | -24.69% | -- | -- | -- | -19.71% | 11/29/2022 |
| ION NAV | -11.39% | -7.45% | -14.11% | -14.11% | -24.29% | -- | -- | -- | -19.71% | 11/29/2022 |
| S&P Global Core Battery Metals Index | -11.34% | -7.29% | -13.82% | -13.82% | -23.15% | -- | -- | -- | -18.62% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| ION Market Price | -11.44% | -7.75% | -14.25% | -14.25% | -24.69% | -- | -- | -- | -19.71% | 11/29/2022 |
| ION NAV | -11.39% | -7.45% | -14.11% | -14.11% | -24.29% | -- | -- | -- | -19.71% | 11/29/2022 |
| S&P Global Core Battery Metals Index | -11.34% | -7.29% | -13.82% | -13.82% | -23.15% | -- | -- | -- | -18.62% | -- |
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 ION
- Intraday Ticker ION.IV
- CUSIP 74347G267
- Inception Date 11/29/22
- Expense Ratio 0.58%
- NAV Calculation Time 4:00 p.m. ET
Characteristics
as of 6/30/2024- Distribution Yield 2.75%
Distribution Yield represents the annualized yield based on the last income distribution.
Price
as of 7/26/2024- NAV $26.24
- NAV Change $+0.40
- Market Price $26.19
- Market Price Change $+0.41
- Trading Volume (M) 801
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Snapshot
- Ticker ION
- Intraday Ticker ION.IV
- CUSIP 74347G267
- Inception Date 11/29/22
- Expense Ratio 0.58%
- NAV Calculation Time 4:00 p.m. ET
Characteristics
as of 6/30/2024- Distribution Yield 2.75%
Distribution Yield represents the annualized yield based on the last income distribution.
Price
as of 7/26/2024- NAV $26.24
- NAV Change $+0.40
- Market Price $26.19
- Market Price Change $+0.41
- Trading Volume (M) 801
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Exposures
Fund as of 7/26/2024
Holdings
as of 7/26/2024
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 4.05% | IGO | IGO LTD | -- | $106,140.46 | 28,319 | 6439567 |
| 3.96% | PLS | PILBARA MINERALS LTD | -- | $103,880.71 | 53,200 | B2368L5 |
| 3.89% | INCO | VALE INDONESIA TBK | -- | $101,993.63 | 444,245 | B0217K9 |
| 3.76% | ALTM | ARCADIUM LITHIUM PLC | -- | $98,697.78 | 28,859 | BM9HZ11 |
| 3.72% | 000762 | TIBET MINERAL DEVELOPMENT-A | -- | $97,663.87 | 40,000 | BD580M1 |
| 3.54% | -- | SINOMINE RESOURCE GROUP CO-A | -- | $92,986.79 | 25,500 | BNR4M32 |
| 3.43% | 5541 | PACIFIC METALS CO LTD | -- | $90,101.84 | 10,996 | 6666343 |
| 3.42% | ALB | ALBEMARLE CORP | -- | $89,737.60 | 967 | 2046853 |
| 3.33% | SQM | QUIMICA Y MINERA CHIL-SP ADR | -- | $87,430.73 | 2,281 | 2771122 |
| 3.22% | 000792 | QINGHAI SALT LAKE INDUSTRY-A | -- | $84,577.68 | 39,200 | BD5CNB3 |
| 3.21% | MIN | MINERAL RESOURCES LTD | -- | $84,190.44 | 2,394 | B17ZL56 |
| 3.20% | 002466 | TIANQI LITHIUM CORP-A | -- | $83,906.00 | 20,900 | BD5CKH8 |
| 3.07% | 000408 | ZANGGE MINING CO LTD-A | -- | $80,422.14 | 25,800 | BQ3RQ45 |
| 3.01% | 1772 | GANFENG LITHIUM GROUP CO L-H | -- | $78,957.79 | 36,652 | BZ9NS11 |
| 2.89% | AMG | AMG CRITICAL MATERIALS N.V. | -- | $75,724.21 | 4,619 | B1Z95S1 |
| 2.81% | ARI | AFRICAN RAINBOW MINERALS LTD | -- | $73,676.31 | 6,218 | 6041122 |
| 2.56% | ANTM | ANEKA TAMBANG TBK | -- | $67,279.74 | 846,322 | 6053859 |
| 2.45% | -- | TIMAH TBK PT | -- | $64,243.97 | 1,101,615 | 6875730 |
| 2.34% | AMS | ANGLO AMERICAN PLATINUM LTD | -- | $61,290.96 | 1,599 | 6761000 |
| 2.29% | ERA | ERAMET | -- | $60,061.58 | 673 | 4017017 |
| 2.15% | LUN | LUNDIN MINING CORP | -- | $56,317.96 | 5,532 | 2866857 |
| 2.12% | -- | CHENGXIN LITHIUM GROUP CO-A | -- | $55,716.80 | 32,100 | BFCCQ55 |
| 2.01% | S32 | SOUTH32 LTD | -- | $52,752.66 | 27,016 | BWSW5D9 |
| 2.00% | FM | FIRST QUANTUM MINERALS LTD | -- | $52,357.37 | 4,318 | 2347608 |
| 1.82% | 2362 | JINCHUAN GROUP INTERNATIONAL | -- | $47,784.31 | 690,908 | 6373988 |
| 1.80% | VALE | VALE SA-SP ADR | -- | $47,295.30 | 4,355 | 2857334 |
| 1.79% | -- | SAYONA MINING LTD | -- | $46,997.73 | 2,313,706 | BBX4LR9 |
| 1.74% | 603799 | ZHEJIANG HUAYOU COBALT CO -A | -- | $45,672.89 | 14,200 | BFF5BV2 |
| 1.63% | 3993 | CMOC GROUP LTD-H | -- | $42,704.42 | 55,112 | B1VRCG6 |
| 1.61% | AAL | ANGLO AMERICAN PLC | -- | $42,222.09 | 1,378 | B1XZS82 |
| 1.57% | 1258 | CHINA NONFERROUS MINING CORP | -- | $41,264.44 | 60,561 | B890GY2 |
| 1.50% | BOL | BOLIDEN AB | -- | $39,421.99 | 1,329 | BPYTZ57 |
| 1.40% | -- | CHENGTUN MINING GROUP CO -A | -- | $36,804.56 | 56,800 | BTFRHJ6 |
| 1.28% | SSW | SIBANYE STILLWATER LTD | -- | $33,676.17 | 31,646 | BL0L913 |
| 1.22% | GLEN | GLENCORE PLC | -- | $32,058.38 | 5,743 | B4T3BW6 |
| 1.16% | IMP | IMPALA PLATINUM HOLDINGS LTD | -- | $30,553.23 | 6,166 | B1FFT76 |
| 1.16% | NPH | NORTHAM PLATINUM HOLDINGS LT | -- | $30,442.58 | 4,100 | BMZ1NS0 |
| 1.10% | BHP | BHP GROUP LTD | -- | $28,744.64 | 1,042 | 6144690 |
| 1.03% | -- | CORE LITHIUM LTD | -- | $27,067.41 | 425,861 | B4XFS83 |
| 0.97% | FNV | FRANCO-NEVADA CORP | -- | $25,437.87 | 204 | B29NF31 |
| 0.92% | -- | WESFARMERS LTD | -- | $24,118.10 | 519 | 6948836 |
| 0.78% | 8053 | SUMITOMO CORP | -- | $20,474.01 | 832 | 6858946 |
| 0.61% | -- | KGHM POLSKA MIEDZ SA | -- | $16,008.74 | 480 | 5263251 |
| 0.60% | -- | CONTEMPORARY AMPEREX TECHN-A | -- | $15,662.89 | 600 | BHQPSY7 |
| 0.57% | 1618 | METALLURGICAL CORP OF CHIN-H | -- | $15,058.36 | 79,441 | B42SRM0 |
| 0.39% | 2899 | ZIJIN MINING GROUP CO LTD-H | -- | $10,245.49 | 5,249 | 6725299 |
| 0.33% | 8015 | TOYOTA TSUSHO CORP | -- | $8,619.87 | 462 | 6900580 |
| 0.25% | PKX | POSCO HOLDINGS INC -SPON ADR | -- | $6,666.72 | 102 | 2692795 |
| 0.18% | 2768 | SOJITZ CORP | -- | $4,652.73 | 193 | 6594143 |
| 0.07% | -- | MMG LTD | -- | $1,872.06 | 6,065 | 6728793 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $2,029.61 | 2,030 | -- |
Index
as of 6/28/2024
- Total Number of Companies42
- Price/Earnings Ratio--
- Price/Book Ratio1.09
- Dividend Yield ( % )3.12
- Avg. Index Market Capitalization$13.72 billion
About the Index
The index is composed of companies which derived positive revenue and had positive production value, in aggregate, from the mining of lithium, nickel or cobalt over the previous year, and have a minimum market capitalization of at least $100 million USD, and meet certain liquidity requirements.
Index constituents are ranked based on the ratio of their production value relative to total revenue from all sources.
The index is reconstituted annually in July and reweighted quarterly in January, April, July, and October.
Inception: 6/27/22
Distributions
For
- 2024
- 2023
- 2022
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|