PAWZ

ProShares Pet Care ETF

$53.47
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The ProShares Pet Care ETF (PAWZ) seeks to provide investment results that track the performance of companies involved in the pet care industry.

Overview

ETF tracking ProShares Pet Care ETF

Category Other
Issuer ProShares
Inception Date 2018-11-06
Market Cap $52.1M
Average Volume N/A
Dividend Yield 0.90%
52-Week Range $47.80 - $59.81
VWAP $53.57

Performance

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Investment Summary

📎 Investment Objective

The ProShares Pet Care ETF (PAWZ) seeks to provide investment results that track the performance of companies involved in the pet care industry.

🎯 Investment Strategy

The ETF invests in a portfolio of companies that provide products or services for pets, including pet food, supplies, veterinary services, and related industries. The fund seeks to replicate the performance of the FactSet Pet Care Index, which is designed to measure the performance of such companies.

✨ Key Features

  • Provides exposure to the growing pet care industry
  • Diversified portfolio of companies across the pet care value chain
  • 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
  • Volatility risk as the pet care industry may be subject to market fluctuations
  • Lack of long-term performance history to evaluate the fund's consistency
  • Liquidity risk due to the fund's small asset base

👤 Best For

The ProShares Pet Care ETF may be suitable for investors seeking exposure to the growing pet care industry as part of a diversified portfolio. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with a thematic, industry-focused fund.