MAKXProShares S&P Kensho Smart Factories ETF
MAKX Fund Description
MAKX tracks a modified equal-weighted index of US-listed firms that enable the digitalization of manufacturing.
MAKX Factset Analytics Insight
MAKX is passively managed to target US-listed companies whose technologies empower digitalized factories to improve manufacturing processes. Such products and services support (i) connected and integrated digitalization, (ii) environmental sensing/ monitoring, advanced process control, predictive maintenance and equipment health monitoring, (iii) industrial machine and 3D vision, and (iv) demand response systems. To identify qualified companies, the index uses an automated scan on recent company filings. Each company is either classified as “core” or “non-core,” depending on the level of thematic involvement. Within each bucket, stocks are initially weighted equally, and then pure plays are overweighted. Weights are further adjusted for liquidity and diversification. The index is reconstituted annually and rebalanced semi-annually.
MAKX MSCI ESG Analytics Insight
ProShares S&P Kensho Smart Factories ETF has an MSCI ESG Fund Rating of A based on a score of 6.52 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ProShares S&P Kensho Smart Factories ETF ranks in the 40th percentile within its peer group and in the 31st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
MAKX Summary Data
MAKX Portfolio Data
MAKX Index Data
MAKX Portfolio Management
MAKX Tax Exposures
MAKX Fund Structure
MAKX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MAKX. MAKX is rated a N/A out of 5.
MAKX Economic Development
MAKX Performance Statistics
MAKX MSCI ESG Ratings
MAKX Benchmark Comparison Summary
MAKX Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.