ONLN

Online Retail ETF

Why Invest in ONLN?

  • Online retail is soaring: Online retail has fundamentally disrupted the sector, putting pressure on traditional stores and the changing retail landscape.

  • It may only be the beginning: Just under 60% of the world’s population is currently online. But mobile devices are proliferating—especially in developing markets—and potentially creating new e-commerce consumers.

  • Not all online retailers are created equal: Iconic companies in online retail—like Amazon and Alibaba—are reshaping the retail world. ONLN’s modified market-cap weighting puts emphasis on these leaders, while also providing industry diversification.

Why Invest in ONLN?

  • Online retail is soaring: Online retail has fundamentally disrupted the sector, putting pressure on traditional stores and the changing retail landscape.

  • It may only be the beginning: Just under 60% of the world’s population is currently online. But mobile devices are proliferating—especially in developing markets—and potentially creating new e-commerce consumers.

  • Not all online retailers are created equal: Iconic companies in online retail—like Amazon and Alibaba—are reshaping the retail world. ONLN’s modified market-cap weighting puts emphasis on these leaders, while also providing industry diversification.

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
ONLN Market Price -7.43% -26.65% -44.97% -38.52% -53.95% 0.12% -- -- -3.14% 07/13/2018
ONLN NAV -7.53% -26.72% -44.97% -38.56% -53.95% 0.09% -- -- -3.15% 07/13/2018
ProShares Online Retail Index -7.47% -26.63% -44.82% -38.40% -53.75% 0.61% -- -- -2.64% --

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 ONLN
  • Intraday Ticker ONLN.IV
  • CUSIP 74347B169
  • Inception Date 7/13/18
  • Unitary Expense Ratio 0.58%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 7/01/2022
  • NAV $33.54
  • NAV Change $+1.05 up caret
  • Market Price $33.54
  • Market Price Change $+1.05 up caret
  • Trading Volume (M) 72,458
  • 30-Day Median Bid Ask Spread 0.12%
  • View Premium / Discount
Snapshot
  • Ticker ONLN
  • Intraday Ticker ONLN.IV
  • CUSIP 74347B169
  • Inception Date 7/13/18
  • Unitary Expense Ratio 0.58%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 7/01/2022
  • NAV $33.54
  • NAV Change $+1.05 up caret
  • Market Price $33.54
  • Market Price Change $+1.05 up caret
  • Trading Volume (M) 72,458
  • 30-Day Median Bid Ask Spread 0.12%
  • View Premium / Discount

Exposures

Index as of 3/31/2022

Holdings

as of 7/01/2022

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts
24.15% AMZN AMAZON.COM INC -- $73,950,261.00 674,975
16.02% BABA ALIBABA GROUP HOLDING-SP ADR -- $49,065,564.00 422,979
6.62% EBAY EBAY INC -- $20,271,186.48 472,632
4.31% SE SEA LTD-ADR -- $13,185,211.44 190,924
4.17% FIGS FIGS INC-CLASS A -- $12,781,319.32 1,362,614
4.06% DASH DOORDASH INC - A -- $12,422,211.30 182,814
3.92% CHWY CHEWY INC - CLASS A -- $12,011,031.16 322,964
3.83% ETSY ETSY INC -- $11,743,243.40 147,140
3.60% SSTK SHUTTERSTOCK INC -- $11,037,465.77 194,219
3.56% XMTR XOMETRY INC-A -- $10,892,752.55 321,985
3.34% RVLV REVOLVE GROUP INC -- $10,218,084.96 387,636
3.27% QRTEA QURATE RETAIL INC-SERIES A -- $10,024,108.10 3,456,589
3.17% OSTK OVERSTOCK.COM INC -- $9,719,459.49 371,397
3.13% WISH CONTEXTLOGIC INC - A -- $9,579,775.69 5,877,163
3.06% W WAYFAIR INC- CLASS A -- $9,377,115.88 206,909
3.00% JD JD.COM INC-ADR -- $9,188,945.40 139,332
2.35% PDD PINDUODUO INC-ADR -- $7,205,715.30 111,165
1.11% MELI MERCADOLIBRE INC -- $3,396,102.70 5,146
1.01% CPNG COUPANG INC -- $3,095,337.28 205,807
0.44% VIPS VIPSHOP HOLDINGS LTD - ADR -- $1,357,146.70 133,315
0.37% GLBE GLOBAL-E ONLINE LTD -- $1,122,736.92 50,964
0.35% DADA DADA NEXUS LTD-ADR -- $1,059,446.08 122,056
0.32% -- DINGDONG CAYMAN LTD ADR USD 0.000002 -- $980,048.68 178,841
0.30% FTCH FARFETCH LTD-CLASS A -- $933,395.30 128,390
0.29% FVRR FIVERR INTERNATIONAL LTD -- $873,878.74 25,018
-- OZON OZON HOLDINGS PLC - ADR -- $00.00 60,470
-- -- NET OTHER ASSETS (LIABILITIES) -- $728,186.06 728,186

Index

as of 3/31/2022

  • Total Number of Companies38
  • Price/Earnings Ratio42.425
  • Price/Book Ratio7.42
  • Avg. Index Market Capitalization$62.43 billion
About the Index

The ProShares Online Retail Index tracks retailers that principally sell online or through other non-store channels. The index uses a modified market-capitalization weighted approach, is rebalanced monthly and is reconstituted annually.

Retailers may include U.S. and non-U.S. companies. To be eligible, retailers must: be classified as an online retailer, an e-commerce retailer, or an internet or direct marketing retailer, according to standard industry classification systems; have a market capitalization of at least $500 million; have a six-month daily average value traded of at least $1 million; and meet other requirements. When the index is rebalanced, it is weighted so that no company may exceed 24% of the value of the index, the sum of companies individually weighing more than 4.5% may not exceed 50% of the value of the index, and the total weight of all non-U.S. companies will be capped at 25% of the value of the index.

Distributions

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

 

 

Sources: ProShares, We Are Social, DataReportal, Hootsuite, January 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. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

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.

Investing involves risk, including the possible loss of principal. This ProShares ETF is non-diversified and entails certain risks, including imperfect benchmark correlation and market price variance, that may decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

International investments may involve 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 smaller companies typically exhibit higher volatility. Small- and mid-cap companies may have limited product lines or resources, may be dependent upon a particular market niche and may have greater fluctuations in price than the stocks of larger companies. Small- and mid-cap companies may lack the financial and personnel resources to handle economic or industry-wide setbacks and, as a result, such setbacks could have a greater effect on small- and mid-cap security prices.

Investments in the consumer discretionary and retailing industries are subject to risks such as changes in domestic and international economies, interest rates, competition and consumer confidence; disposable household income; consumer tastes and preferences; intense competition; changing demographics; marketing and public perception; and dependence on third-party suppliers and distribution systems.

Emerging markets are riskier than more developed markets because they may develop unevenly or may never fully develop. Investments in emerging markets are considered 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.

Solactive AG serves as index calculation agent for this index and performs routine daily calculations and maintenance (e.g., reconstitution, rebalancing, and corporate actions). "Solactive AG," a registered trademark of Solactive AG has been licensed for use by ProShare Advisors LLC ("ProShares"). SOLACTIVE AG AND ITS AFFILIATES MAKE NO WARRANTIES, EXPRESS OR IMPLIED, AND BEAR NO LIABILITY WITH RESPECT TO THE INDEX, PROSHARES, OR THE FUND.

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

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