PAWZ

Pet Care ETF

Why Invest in PAWZ?

  • Seven out of 10 U.S. households today have pets, more than have children, and owners are providing pets with premium foods, luxury services, state-of-the-art health care, insurance policies and more.

  • 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.

  • PAWZ invests in a range of companies that stand to potentially benefit from the proliferation of pet ownership, and the emerging trends affecting how we care for our pets.

Why Invest in PAWZ?

  • Seven out of 10 U.S. households today have pets, more than have children, and owners are providing pets with premium foods, luxury services, state-of-the-art health care, insurance policies and more.

  • 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.

  • PAWZ invests in a range of companies that stand to potentially benefit from the proliferation of pet ownership, and the emerging trends affecting how we care for our pets.

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
PAWZ Market Price -10.91% -12.79% -29.16% -24.90% -23.36% 13.48% -- -- 12.25% 11/05/2018
PAWZ NAV -10.65% -12.37% -28.70% -24.70% -22.93% 13.74% -- -- 12.39% 11/05/2018
FactSet Pet Care IndexTM   -10.78% -12.26% -28.59% -24.65% -22.48% 14.42% -- -- 13.05% --

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 PAWZ
  • Intraday Ticker PAWZ.IV
  • CUSIP 74348A145
  • Inception Date 11/5/18
  • Unitary Expense Ratio 0.50%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 4/30/2022
  • SEC 30-Day Yield 0.30%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

Price
as of 5/20/2022
  • NAV $53.78
  • NAV Change $-0.08 down caret
  • Market Price $53.78
  • Market Price Change $-0.03 down caret
  • Trading Volume (M) 32,862
  • 30-Day Median Bid Ask Spread 0.32%
  • View Premium / Discount
Snapshot
  • Ticker PAWZ
  • Intraday Ticker PAWZ.IV
  • CUSIP 74348A145
  • Inception Date 11/5/18
  • Unitary Expense Ratio 0.50%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 4/30/2022
  • SEC 30-Day Yield 0.30%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

Price
as of 5/20/2022
  • NAV $53.78
  • NAV Change $-0.08 down caret
  • Market Price $53.78
  • Market Price Change $-0.03 down caret
  • Trading Volume (M) 32,862
  • 30-Day Median Bid Ask Spread 0.32%
  • View Premium / Discount

Exposures

Index as of 4/30/2022 and Fund as of 5/20/2022

Holdings

as of 5/20/2022

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts
10.89% ELAN ELANCO ANIMAL HEALTH INC -- $17,878,956.63 736,669
10.27% IDXX IDEXX LABORATORIES INC -- $16,860,902.31 45,297
9.83% ZTS ZOETIS INC -- $16,130,828.80 99,230
8.14% DPH DECHRA PHARMACEUTICALS PLC -- $13,360,906.42 310,091
5.14% FRPT FRESHPET INC -- $8,439,438.24 135,508
4.65% MRK MERCK & CO. INC. -- $7,638,918.80 81,656
4.27% NESN NESTLE SA-REG -- $7,010,074.17 60,369
3.93% CHWY CHEWY INC - CLASS A -- $6,458,734.15 263,945
3.89% TRUP TRUPANION INC -- $6,381,759.00 98,942
3.74% CVET COVETRUS INC -- $6,141,911.94 311,614
3.65% WOOF PETCO HEALTH AND WELLNESS CO -- $5,984,451.49 396,059
3.54% CL COLGATE-PALMOLIVE CO -- $5,817,616.42 77,434
3.07% PETS PETS AT HOME GROUP PLC -- $5,045,226.12 1,447,934
2.89% CENTA CENTRAL GARDEN AND PET CO-A -- $4,746,278.95 120,617
2.88% VIRP VIRBAC SA -- $4,720,568.27 12,474
2.71% CVSG CVS GROUP PLC -- $4,445,179.86 211,233
2.27% GIS GENERAL MILLS INC -- $3,724,281.78 55,578
1.86% HSKA HESKA CORP -- $3,058,646.76 30,398
1.81% SECARE SWEDENCARE AB -- $2,977,871.27 365,837
1.48% PETZ3 PET CENTER COMERCIO E PARTIC -- $2,430,457.37 978,470
1.27% ABC AMERISOURCEBERGEN CORP -- $2,084,198.04 13,878
1.17% VIMIAN VIMIAN GROUP AB -- $1,912,555.65 371,353
1.11% PET PET VALU HOLDINGS LTD -- $1,818,523.03 77,209
1.05% MUSTI MUSTI GROUP OY -- $1,721,108.05 91,036
0.78% ROVR ROVER GROUP INC -- $1,286,845.30 260,495
0.74% SJM JM SMUCKER CO/THE -- $1,220,143.47 9,737
0.71% PETS PETMED EXPRESS INC -- $1,172,680.95 58,781
0.70% PETQ PETIQ INC -- $1,151,335.07 80,909
0.65% 8715 ANICOM HOLDINGS INC -- $1,069,210.50 210,646
0.39% ZOM ZOMEDICA CORP -- $633,575.29 2,877,272
0.34% BARK BARK INC -- $553,035.47 223,901
0.15% PDCO PATTERSON COS INC -- $251,888.95 8,045
0.02% 2733 ARATA CORP -- $37,313.94 1,236
-- -- NET OTHER ASSETS (LIABILITIES) -- $-15,917.36 -15,917
-0.12% -- JAPAN YEN CURRENCY CONTRACT - USD -193,962 -- -24,800,000
-0.20% -- CANADA DOLLAR CURRENCY CONTRACT - USD -335,918 -- -431,000
-0.55% -- SWEDEN KRONA CURRENCY CONTRACT - USD -897,397 -- -8,930,000
-0.63% -- SWITZERLAND FRANC CURRENCY CONTRACT - USD -1,027,850 -- -1,002,000
-0.72% -- EUROPEAN EURO CURRENCY CONTRACT - USD -1,182,272 -- -1,120,000
-2.42% -- UNITED KINGDOM POUND CURRENCY CONTRACT - USD -3,969,004 -- -3,178,000

Index

as of 4/30/2022

  • Total Number of Companies33
  • Price/Earnings Ratio29.3
  • Price/Book Ratio4.73
  • Dividend Yield ( % )0.85
  • Avg. Index Market Capitalization$27.99 billion
About the Index

The index consists of U.S. and international companies that potentially stand to benefit from interest in, and resources spent on, pet ownership.

To be eligible for the FactSet Pet Care Index, FactSet requires that a company meets at least one of the following criteria:

  1. The company's principal revenue source is from one of eight FactSet Revere Business Industry Classification subindustries—"RBICS subindustries" for short; or
  2. The company generates at least $1 billion in annual revenue from at least one of the eight RBICS subindustries; or
  3. The company's principal business is identified by FactSet as being pet care related, but for which an appropriate RBICS subindustry has not yet been created (e.g., pet insurance).

Additionally, the index is rebalanced monthly and reconstituted annually. At rebalance, the companies whose principal revenue source comes from pet care related products or services will make up 82.5% of the portfolio, while companies that generate $1 billion or more (but not a principal source) of their revenue from RBICS categories will make up 17.5% of the index. The index uses a modified market cap methodology.

Distributions

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

 

 

Sources: ProShares; American Pet Products Survey (households with pets) 2019-2020; U.S. Bureau of Labor Statistics (households with children), April 2020; Global Market Insights (pet industry $ size), February, 2021; U.S. Bureau of Economic Analysis, Federal Reserve Bank of St. Louis (August 2020)

Pet Care Research & Insights

Pets Are Big Business

Increasingly, people feel like their pets are part of the family and happily pay for premium pet products and healthcare. Investors should not overlook the potential in pet care, as the opportunity may be bigger than most realize.
Read More
Get the latest perspectives and updates.

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.

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.

The fund is subject to the risks faced by companies in the pet care industry. Although the pet care industry has historically seen steady growth and has been resilient to economic downturns, these trends may not continue or may reverse. This fund is non-diversified and concentrates its investments in certain sectors. Non-diversified and narrowly focused investments typically exhibit higher volatility.

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.

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.

Investments in the debt of sub-sovereigns (including agency-issued securities) and quasi-sovereigns (i.e. corporations that have significant government ownership) may or may not be issued by or guaranteed as to principal and interest by a governmental authority.

"Deutsche Bank" and "DBIQ Short Duration Emerging Market Bond IndexSM" are service marks of Deutsche Bank AG and have been licensed for use for certain purposes by ProShares. ProShares have not been passed on by Deutsche Bank AG as to their legality or suitability. ProShares based on the DBIQ Short Duration Emerging Market Bond Index are not sponsored, endorsed, sold, or promoted by Deutsche Bank AG, and Deutsche Bank makes no representation, express or implied, regarding the advisability of investing in ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

The "FactSet Pet Care Index" and "FactSet" are trademarks of FactSet Research Systems Inc. and have been licensed for use by ProShares. ProShares have not been passed on by these entities or their affiliates as to their legality or suitability. ProShares based on the FactSet Pet Care 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 Pet Care 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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