PAWZProShares Pet Care ETF
PAWZ Fund Description
PAWZ tracks a tier-weighted index of global equities related to pet ownership.
PAWZ Factset Analytics Insight
PAWZ is the first fund centered on companies related to pet ownership. To be selected, a stock must fit one of eight RBICS sub-industries: pet food manufacturing, pet supplies manufacturing, pet and pet supply stores, veterinary pharmaceuticals, veterinary diagnostics, veterinary product distributors, veterinary services, and internet pet and supply retail. Constituents may be domiciled in any country. PAWZ is weighted in two tiers: a core tier of companies deriving more than 50% of their revenue from the listed sub-industries and a non-core tier of companies with over $1B in revenue, but less than 50% of those revenues from the above groups. The core tier gets 85% of fund assets and the non-core tier gets the remainder. Within each tier, individual weights are determined by market cap. The index has an annual reconstitution and a monthly rebalance.
PAWZ MSCI ESG Analytics Insight
ProShares Pet Care ETF has an MSCI ESG Fund Rating of AA based on a score of 8.53 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 Pet Care ETF ranks in the 85th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PAWZ MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
PAWZ Summary Data
PAWZ Portfolio Data
PAWZ Index Data
PAWZ Portfolio Management
PAWZ Tax Exposures
PAWZ Fund Structure
PAWZ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PAWZ. PAWZ is rated a 4 out of 5.
PAWZ Economic Development
PAWZ Performance Statistics
PAWZ MSCI ESG Ratings
PAWZ Benchmark Comparison Summary
PAWZ Benchmark Comparison Market Cap Size