TOLZ

DJ Brookfield Global Infrastructure ETF

Why Invest in TOLZ?

  • Offers access to an asset class with growing global demand, increasing opportunities for private investment, and high barriers to entry that limit competition.

  • Provides "pure-play" exposure by investing exclusively in companies whose primary business is owning and operating infrastructure.

  • Excludes companies that supply services such as construction and engineering to the infrastructure industry.

Why Invest in TOLZ?

  • Offers access to an asset class with growing global demand, increasing opportunities for private investment, and high barriers to entry that limit competition.

  • Provides "pure-play" exposure by investing exclusively in companies whose primary business is owning and operating infrastructure.

  • Excludes companies that supply services such as construction and engineering to the infrastructure industry.

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
TOLZ Market Price -2.58% 2.97% 3.61% 1.51% 9.74% 6.39% 6.14% -- 5.74% 03/25/2014
TOLZ NAV -2.61% 3.47% 4.12% 1.56% 9.93% 6.53% 6.18% -- 5.77% 03/25/2014
Dow Jones Brookfield Global Infrastructure Composite Index -2.69% 3.57% 4.08% 1.55% 9.74% 6.27% 5.86% -- 5.45% --

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 TOLZ
  • Intraday Ticker TOLZ.IV
  • CUSIP 74347B508
  • Inception Date 3/25/14
  • Unitary Expense Ratio 0.46%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 4/30/2022
  • Number of Companies 118
  • Price/Earnings Ratio 20.62
  • Price/Book Ratio 2.39

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Distribution Yield 1.74%

    Distribution Yield represents the annualized yield based on the last income distribution.

  • Weighted Avg. Market Cap $14.55 billion

    Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.

  • SEC 30-Day Yield 2.47%

    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 5/24/2022
  • NAV $49.79
  • NAV Change $+0.40 up caret
  • Market Price $49.88
  • Market Price Change $+0.42 up caret
  • Trading Volume (M) 26,068
  • 30-Day Median Bid Ask Spread 0.19%
  • View Premium / Discount
Snapshot
  • Ticker TOLZ
  • Intraday Ticker TOLZ.IV
  • CUSIP 74347B508
  • Inception Date 3/25/14
  • Unitary Expense Ratio 0.46%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 4/30/2022
  • Number of Companies 118
  • Price/Earnings Ratio 20.62
  • Price/Book Ratio 2.39

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Distribution Yield 1.74%

    Distribution Yield represents the annualized yield based on the last income distribution.

  • Weighted Avg. Market Cap $14.55 billion

    Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.

  • SEC 30-Day Yield 2.47%

    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 5/24/2022
  • NAV $49.79
  • NAV Change $+0.40 up caret
  • Market Price $49.88
  • Market Price Change $+0.42 up caret
  • Trading Volume (M) 26,068
  • 30-Day Median Bid Ask Spread 0.19%
  • View Premium / Discount

Exposures

Index as of 3/31/2022 and Fund as of 5/24/2022

Holdings

as of 5/24/2022

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts
7.45% AMT AMERICAN TOWER CORP -- $11,308,181.84 43,742
6.89% ENB ENBRIDGE INC -- $10,459,193.16 232,797
5.24% CCI CROWN CASTLE INTL CORP -- $7,954,114.32 41,512
4.50% NG/ NATIONAL GRID PLC -- $6,827,293.68 445,364
4.29% TRP TC ENERGY CORP -- $6,508,220.81 112,691
3.72% DG VINCI SA -- $5,647,619.94 59,263
3.36% SRE SEMPRA ENERGY -- $5,094,925.92 30,672
2.78% WMB WILLIAMS COS INC -- $4,225,743.21 116,701
2.52% EPD ENTERPRISE PRODUCTS PARTNERS -- $3,819,562.80 142,521
2.39% SBAC SBA COMMUNICATIONS CORP -- $3,626,187.36 10,448
2.36% KMI KINDER MORGAN INC -- $3,584,864.58 187,297
2.35% TCL TRANSURBAN GROUP -- $3,568,673.59 350,090
2.25% ED CONSOLIDATED EDISON INC -- $3,410,951.03 33,977
2.01% ES EVERSOURCE ENERGY -- $3,054,618.72 32,973
1.95% LNG CHENIERE ENERGY INC -- $2,955,859.48 22,652
1.91% CLNX CELLNEX TELECOM SA -- $2,902,035.57 65,563
1.82% FTS FORTIS INC -- $2,765,596.07 54,468
1.79% OKE ONEOK INC -- $2,725,477.18 42,766
1.70% AWK AMERICAN WATER WORKS CO INC -- $2,584,268.82 17,406
1.70% ET ENERGY TRANSFER LP -- $2,574,450.43 230,479
1.64% PPL PEMBINA PIPELINE CORP -- $2,483,002.49 63,092
1.63% EIX EDISON INTERNATIONAL -- $2,480,086.32 36,429
1.25% CNP CENTERPOINT ENERGY INC -- $1,891,155.31 60,401
1.14% PCG P G & E CORP -- $1,727,506.00 144,925
1.00% TRGP TARGA RESOURCES CORP -- $1,514,098.41 21,953
0.99% ATO ATMOS ENERGY CORP -- $1,507,229.70 12,990
0.95% FER FERROVIAL SA -- $1,445,666.53 56,894
0.93% TRN TERNA-RETE ELETTRICA NAZIONA -- $1,416,514.96 161,656
0.92% ATL ATLANTIA SPA -- $1,397,023.74 57,786
0.92% SRG SNAM SPA -- $1,393,184.36 235,548
0.89% 3 HONG KONG & CHINA GAS -- $1,350,758.68 1,241,488
0.81% AENA AENA SME SA -- $1,231,060.10 8,445
0.80% 2688 ENN ENERGY HOLDINGS LTD -- $1,215,327.18 86,017
0.77% NI NISOURCE INC -- $1,169,500.64 37,436
0.76% SVT SEVERN TRENT PLC -- $1,148,482.20 29,106
0.75% NTGY NATURGY ENERGY GROUP SA -- $1,137,910.25 37,819
0.74% MPLX MPLX LP -- $1,123,468.02 35,974
0.73% APA APA GROUP -- $1,115,098.54 135,348
0.73% UU/ UNITED UTILITIES GROUP PLC -- $1,115,078.51 78,345
0.70% BIP BROOKFIELD INFRASTRUCTURE PA -- $1,060,364.40 17,158
0.69% REE RED ELECTRICA CORPORACION SA -- $1,051,483.80 49,653
0.68% WTRG ESSENTIAL UTILITIES INC -- $1,026,255.32 22,276
0.66% GET GETLINK SE -- $999,944.15 49,846
0.66% MMP MAGELLAN MIDSTREAM PARTNERS -- $999,257.12 20,464
0.64% H HYDRO ONE LTD -- $977,152.14 34,998
0.64% 9531 TOKYO GAS CO LTD -- $966,305.66 47,049
0.44% ENG ENAGAS SA -- $664,171.60 28,160
0.43% KEY KEYERA CORP -- $653,903.18 25,394
0.43% ELI ELIA GROUP SA/NV -- $652,791.04 3,865
0.43% AIA AUCKLAND INTL AIRPORT LTD -- $648,105.73 136,631
0.39% SWX SOUTHWEST GAS HOLDINGS INC -- $593,270.28 6,302
0.38% PAC GRUPO AEROPORTUARIO PAC-ADR -- $583,523.55 3,985
0.37% 788 CHINA TOWER CORP LTD-H -- $569,253.54 4,910,062
0.35% ALX ATLAS ARTERIA -- $536,810.44 108,501
0.32% HICL HICL INFRASTRUCTURE PLC -- $490,468.89 220,076
0.32% PAA PLAINS ALL AMER PIPELINE LP -- $487,121.00 44,690
0.32% WES WESTERN MIDSTREAM PARTNERS L -- $485,325.04 18,652
0.31% ASR GRUPO AEROPORTUARIO SUR-ADR -- $472,837.77 2,229
0.30% OGS ONE GAS INC -- $462,471.34 5,218
0.30% INW INFRASTRUTTURE WIRELESS ITAL -- $454,343.62 40,752
0.29% NJR NEW JERSEY RESOURCES CORP -- $435,029.53 9,451
0.29% PNN PENNON GROUP PLC -- $434,889.87 31,570
0.29% 9706 JAPAN AIRPORT TERMINAL CO -- $433,671.43 10,582
0.28% ADP ADP -- $425,002.49 2,908
0.27% SESG SES -- $410,256.04 43,575
0.26% SR SPIRE INC -- $394,481.66 5,062
0.26% 1193 CHINA RESOURCES GAS GROUP LT -- $392,976.98 99,022
0.26% SBS CIA SANEAMENTO BASICO DE-ADR -- $389,396.16 39,096
0.25% 135 KUNLUN ENERGY CO LTD -- $378,465.57 446,041
0.24% 384 CHINA GAS HOLDINGS LTD -- $371,252.98 268,326
0.24% FHZN FLUGHAFEN ZURICH AG-REG -- $360,358.46 2,185
0.24% IG ITALGAS SPA -- $358,681.49 55,159
0.22% GEI GIBSON ENERGY INC -- $339,662.03 16,847
0.22% VTWR VANTAGE TOWERS AG -- $335,558.47 10,761
0.22% AM ANTERO MIDSTREAM CORP -- $329,106.12 31,767
0.21% NWE NORTHWESTERN CORP -- $322,183.82 5,194
0.20% 3IN 3I INFRASTRUCTURE PLC -- $307,909.11 69,886
0.20% BIPC BROOKFIELD INFRASTRUCTURE-A -- $305,720.52 4,029
0.20% DCP DCP MIDSTREAM LP -- $300,232.60 8,989
0.19% AWR AMERICAN STATES WATER CO -- $290,043.74 3,626
0.18% CWT CALIFORNIA WATER SERVICE GRP -- $278,881.85 5,135
0.18% 144 CHINA MERCHANTS PORT HOLDING -- $269,068.12 150,854
0.17% ENLC ENLINK MIDSTREAM LLC -- $256,597.20 24,840
0.16% CQP CHENIERE ENERGY PARTNERS LP -- $247,468.57 4,729
0.16% 9533 TOHO GAS CO LTD -- $241,650.22 10,691
0.15% CPK CHESAPEAKE UTILITIES CORP -- $224,885.26 1,679
0.15% ETL EUTELSAT COMMUNICATIONS -- $223,070.79 19,072
0.15% FRA FRAPORT AG FRANKFURT AIRPORT -- $220,792.67 4,183
0.14% PAGP PLAINS GP HOLDINGS LP-CL A -- $214,839.46 18,962
0.14% OMAB GRUPO AEROPORTUARIO CEN-ADR -- $212,101.50 3,725
0.13% VPK VOPAK -- $202,324.87 7,512
0.13% CEQP CRESTWOOD EQUITY PARTNERS LP -- $195,258.14 6,754
0.11% 392 BEIJING ENTERPRISES HLDGS -- $172,563.66 51,209
0.11% SJW SJW GROUP -- $168,286.40 2,720
0.11% SHLX SHELL MIDSTREAM PARTNERS LP -- $168,031.16 12,028
0.11% NWN NORTHWEST NATURAL HOLDING CO -- $166,928.19 3,029
0.11% 371 BEIJING ENTERPRISES WATER GR -- $161,130.52 514,121
0.09% NS NUSTAR ENERGY LP -- $142,831.50 9,366
0.09% 177 JIANGSU EXPRESS CO LTD-H -- $140,811.93 138,851
0.09% 576 ZHEJIANG EXPRESSWAY CO-H -- $138,035.06 162,926
0.08% GEL GENESIS ENERGY L.P. -- $127,458.12 11,122
0.08% HPHT HUTCHISON PORT HOLDINGS TR-U -- $123,335.89 536,243
0.08% 1199 COSCO SHIPPING PORTS LTD -- $123,055.93 170,953
0.08% HESM HESS MIDSTREAM LP - CLASS A -- $121,890.52 3,908
0.08% WTE WESTSHORE TERMINALS INVESTME -- $119,493.05 4,316
0.07% 694 BEIJING CAPITAL INTL AIRPO-H -- $100,009.28 188,699
0.06% UTL UNITIL CORP -- $90,932.40 1,560
0.06% 855 CHINA WATER AFFAIRS GROUP -- $84,675.54 85,100
0.06% HEP HOLLY ENERGY PARTNERS LP -- $84,246.24 4,696
0.05% ACE ACEA SPA -- $78,132.54 4,503
0.05% 548 SHENZHEN EXPRESSWAY CORP-H -- $72,720.66 70,295
0.04% HTWS HELIOS TOWERS PLC -- $62,630.84 44,733
0.04% 1052 YUEXIU TRANSPORT INFRASTRUCT -- $59,042.09 94,771
0.04% RWAY RAI WAY SPA -- $57,108.45 10,118
0.03% 1083 TOWNGAS SMART ENERGY CO LTD -- $48,839.78 100,617
0.02% HHFA HAMBURGER HAFEN UND LOGISTIK -- $36,894.03 2,204
0.02% ELMRA ELMERA GROUP ASA -- $24,734.26 10,425
0.02% 357 HAINAN MEILAN INTERNATIONA-H -- $22,894.21 13,491
-- -- NET OTHER ASSETS (LIABILITIES) -- $759,716.17 759,716

Index

as of 3/31/2022

  • Total Number of Companies119
  • Price/Earnings Ratio27.578
  • Price/Book Ratio2.809
  • Dividend Yield ( % )3.79
  • Avg. Index Market Capitalization$15.02 billion
About the Index

The index, constructed and maintained by S&P Dow Jones Indices LLC, consists of companies domiciled globally that qualify as "pure-play" infrastructure companies–companies whose primary business is the ownership and operation of infrastructure assets, activities that generally generate long-term stable cash flows.

Eligible companies must have more than 70% of cash flows derived from the following infrastructure assets (exclusive of cash flow from infrastructure-related businesses, such as energy exploration and generation): airports; toll roads; ports; communications; electricity transmission and distribution; oil and gas storage and transportation; water; or diversified (multiple infrastructure assets). Additionally, companies must meet minimum market capitalization and trading volume requirements. Index weights are based on a modified free-float adjusted market capitalization methodology. The index is reconstituted and rebalanced quarterly in March, June, September and December.

Learn more about the index methodology.

Distributions

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

Infrastructure Research & Insights

Infrastructure for the Future

The nature of infrastructure is changing, and that may impact how investors seek to benefit from the market segment.
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.

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.

Holdings are subject to change.

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. There is no guarantee any ProShares ETF will achieve its investment objective.

This ETF is subject to risks faced by companies in the infrastructure, energy and utilities industries to the same extent as the Dow Jones Brookfield Global Infrastructure Composite Index is so concentrated. This ETF invests in master limited partnerships (MLPs). Investments in MLPs expose the ETF to certain tax risks associated with investing in partnerships. Changes in U.S. tax laws could revoke the pass-through attributes that provide the tax efficiencies that make MLPs attractive investment structures. MLPs may also have limited financial resources, may be relatively illiquid, and may be subject to more erratic price movements because of the underlying assets they hold. In addition, a portion of the ETF's distributions may be a return of capital, which constitutes the return of a portion of a shareholder's original investment. Under tax rules, returns of capital are generally not currently taxable, but lower a shareholder's tax basis in their shares. Such a reduction in tax basis will result in larger taxable gains and/or lower tax losses on a subsequent sale of shares.

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.

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.

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.

The "Dow Jones Brookfield Global Infrastructure Composite" Index is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by ProShares. "S&P®" is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and "Dow Jones®" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. ProShares have not been passed on by S&P Dow Jones Indices LLC and its affiliates as to their legality or suitability. ProShares based on the Dow Jones Brookfield Global Infrastructure Composite Index are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

"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.

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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