MAKX
ProShares S&P Kensho Smart Factories ETF
📎 Investment Objective
The ProShares S&P Kensho Smart Factories ETF (MAKX) seeks to provide investment results that, before fees and expenses, correspond to the performance of the S&P Kensho Smart Factories Index.
Overview
ETF tracking ProShares S&P Kensho Smart Factories ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The ProShares S&P Kensho Smart Factories ETF (MAKX) seeks to provide investment results that, before fees and expenses, correspond to the performance of the S&P Kensho Smart Factories Index.
🎯 Investment Strategy
The fund invests in companies that are involved in the development and production of smart factory technologies, including automation, robotics, and artificial intelligence. The index is designed to identify companies that are well-positioned to benefit from the increased adoption of smart factory technologies.
✨ Key Features
- Exposure to companies at the forefront of the smart factory revolution
- Tracks the S&P Kensho Smart Factories Index, which is designed to identify leading companies in this emerging technology sector
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry segment
- Volatility risk as the smart factory technology sector may experience significant price swings
- Lack of performance history makes it difficult to evaluate the fund's long-term potential
- Liquidity risk due to the fund's small asset size
👤 Best For
This ETF may be suitable for investors with a long-term investment horizon who are looking to gain exposure to the growth potential of the smart factory technology sector. Investors should be comfortable with the increased volatility and risks associated with a thematic, sector-focused fund.