Proshares Big Data Etf Profile
| DAT Etf | USD 45.71 0.05 0.11% |
Performance21 of 100
| Odds Of DistressLess than 9
|
ProShares Big is selling for under 45.71 as of the 28th of November 2024; that is 0.11 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 45.38. ProShares Big has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for ProShares Big Data are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. Proshares Big is traded on NYSEARCA Exchange in the United States. More on ProShares Big Data
Moving together with ProShares Etf
| 0.83 | VGT | Vanguard Information | PairCorr |
| 0.74 | XLK | Technology Select Sector | PairCorr |
| 0.81 | IYW | iShares Technology ETF | PairCorr |
| 0.83 | CIBR | First Trust NASDAQ | PairCorr |
Moving against ProShares Etf
ProShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [DAVIDsTEA Inc, Data Respons ASA] |
| Business Concentration | WSE WIG INDEX, Warsaw WIG80 Index, VN Index, Strategy ETFs, Theme ETFs, Technology, ProShares (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2021-09-29 |
| Benchmark | FactSet Big Data Refiners ETF |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 6.87 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | J.P. Morgan Chase Bank, N.A. |
| Advisor | ProShare Advisors LLC |
| Custodian | J.P. Morgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Alexander Ilyasov, Senior Portfolio Manager, and Scott Hanson |
| Transfer Agent | J.P. Morgan Chase Bank, N.A. |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 29.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.58 |
| Management Fee | 0.58 |
| Country Name | USA |
| Returns Y T D | 38.96 |
| Name | ProShares Big Data Refiners ETF |
| Currency Code | USD |
| Open Figi | BBG012R6F9P8 |
| In Threey Volatility | 26.95 |
| 1y Volatility | 22.09 |
| 200 Day M A | 36.0082 |
| 50 Day M A | 38.1633 |
| Code | DAT |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.17) |
ProShares Big Data [DAT] is traded in USA and was established 2021-09-29. The fund is classified under Technology category within ProShares family. The entity is thematically classified as Strategy ETFs. ProShares Big Data currently have 1.66 M in assets under management (AUM). , while the total return for the last 3 years was 4.3%.
Check ProShares Big Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares Big Data Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
ProShares Big Data Currency Exposure
ProShares Big Data holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of ProShares Big will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in ProShares Big Data.
Top ProShares Big Data Etf Constituents
| RBRK | Rubrik, | Stock | Information Technology | |
| NICE | Nice Ltd ADR | Stock | Information Technology | |
| SWI | SolarWinds Corp | Stock | Information Technology | |
| CFLT | Confluent | Stock | Information Technology | |
| CLBT | Cellebrite DI | Stock | Information Technology | |
| NTNX | Nutanix | Stock | Information Technology | |
| IDCC | InterDigital | Stock | Information Technology | |
| MSTR | MicroStrategy Incorporated | Stock | Information Technology |
ProShares Big Data Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Big. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.2067 | |||
| Jensen Alpha | 0.2155 | |||
| Total Risk Alpha | 0.1483 | |||
| Sortino Ratio | 0.2091 |
ProShares Big Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares Big Data. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of ProShares Big Data is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Big's value that differs from its market value or its book value, called intrinsic value, which is ProShares Big's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Big's market value can be influenced by many factors that don't directly affect ProShares Big's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Big's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Big is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Big's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.