EQRR

ProShares Equities for Rising Rates ETF

The ProShares Equities for Rising Rates ETF tracks an index of 50 US-listed large-cap stocks that are anticipated to perform favorably during periods of rising interest rates.


US

EQUITY

Rules-Based

MANAGEMENT STYLE

35 bp

EXPENSES

$15.8 M

ASSETS UNDER MGMT

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorProShares
CategoryUS
Asset classEquity
Websitelink...
Inception dateJul 24, 2017
Assets (mns)$16
Expense ratio35 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionTechnical
WeightingTiered
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
MARATHON OIL CORP 3.1 %
COTERRA ENERGY INC. 3.1 %
DIAMONDBACK ENERGY INC 3.0 %
EOG RESOURCES, INC. 3.0 %
MCKESSON CORP 3.0 %
VALERO ENERGY CORP 2.9 %
CONOCOPHILLIPS 2.8 %
MARATHON PETROLEUM 2.7 %
PHILLIPS 66 2.7 %
BUNGE GLOBAL SA 2.7 %
Constituent Breakdown
Number of holdings51
Herfindahl-Hirschman Index 223
Wgt avg mkt cap (mns)$95,589
Large cap (>$10bn)100.0%
Mid cap ($2-10bn)0.0%
Small cap (<$2bn)0.0%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
UNITED STATES 97.8 %
BRITAIN 2.0 %
Historical Performance


Standardized Performance (as of 05/31/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 11.4% 35.7% 8.9% 9.0% 12.4% -- 8.4%
Volatility 12.0% 15.5% 23.6% 24.1% 29.6% -- --
Market Correlations
versus...BetaR-squared
S&P 5001.0057%
MSCI EAFE1.0559%
MSCI Emg Mkts0.7531%
Liquidity Measures
Avg. volume (000)1
Turnover0.4%
Avg. Bid/Ask (% of price)0.13%
ADV of underlying (mns)$20,178
Technical Indicators
Recent close$58.55
30d moving avg.$59.00
Annualized volatility23.7%
Relative strength (RSI)47
Short interest (ETF)0.8%
Short interest (underlying)2.1%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Risk and Returns: EQRR vs. Comps (1 YR)

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Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
1.5 11.8 1.8 2.4% --
Based on closing prices from 6/21/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
EQRR



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

EQRR

8.1%

Cat. Avg

5.8%

Fund Category: US

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™8.1%
Recommendation

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

Category Overview
There are 892 funds in the US category, with an average ALTAR Score™ of 5.8% and a standard deviation of 2.8%. EQRR's ALTAR Score™ is approximately 0.8 standard deviations above the category average. This places EQRR in the 80th percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
EQRR
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
Latest price
Change
Volume
Bid/Ask Spread
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Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
EQRR 35.0 13.0 48
Peer Avg. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .