RALS

ProShares RAFI Long/Short ETF
*Unless otherwise stated, data provided by FactSet.

RALS Fund Description

RALS tracks an index that takes offsetting long and short positions in US equities based on cash flow, dividends, sales and book value (long) and market cap (short).

RALS Factset Analytics Insight

RALS is a true long-short equity fund, with equal dollar exposure to the long and short sides. The fund picks its winners (the long side) using long-term fundamental screens— cash flow, dividends, sales and book value. It takes a short position in the cap-weighted Russell 1000. In ETF terms, the exposure is therefore long PRF and short IWV. To be clear, RALS uses swaps and stocks aiming for offsetting 100% long, 100% short equity exposure. This approach typically produces very low beta to equities at large. On Feb 29, 2016, RALS switched indexes to the FTSE RAFI US 1000 Long/Short Index. The previous index focused on stocks with low RAFI scores on the short side.RALS charges a reasonable fee in context of the long/short space.

RALS MSCI ESG Analytics Insight

ProShares RAFI Long/Short ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.10 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 RAFI Long/Short ETF ranks in the 42nd percentile within its peer group and in the 26th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

RALS Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RALS 0.65% 2.10% -1.41% -1.73% -2.74% -1.94% --
RALS (NAV) 0.58% 2.07% -1.24% -2.18% -2.59% -1.96% --
FTSE RAFI US 1000 Long Short Index 0.64% 2.33% -0.11% -0.92% -1.44% -0.87% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RALS Summary Data

ProShares
12/09/10
Open-Ended Fund
0.95%
$5.58M
$17.97K
0.51%

RALS Portfolio Data

Long/Short Equity
2.03%
12/24/19
998

RALS Index Data

Fundamental
Fundamental
N/A

RALS Portfolio Management

0.95%
-1.22%
11.58%
-1.40%

RALS Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

RALS Fund Structure

Open-Ended Fund
Yes
No
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

RALS Factset Analytics Block Liquidity

As of 11/18/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of RALS. RALS is rated a N/A out of 5.

RALS Tradability

438
$17.97K
66
$3.46K
0.51%
$0.18
-0.06%
4.60% / -2.69%
None
100.00%
10,000
0.01
0.14%
--
0
$34.87
N/A

RALS Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

RALS Top 5 Holdings Long

5.38%
Apple Inc. 3.27%
AT&T Inc. 2.21%

RALS Top 5 Holdings Short

--

RALS Performance Statistics

-2.18%
1.92%
-1.09%
-0.05
-0.09
0.95
3.42

RALS Correlations (Daily Returns 12 Mo)

-0.19
-0.05
0.18

RALS MSCI ESG Ratings

BBB
5.10 / 10
26.37
41.74
7.70%
3.41%
241.73