Proshares Trust Etf Profile
ETHT Etf | 27.09 0.74 2.66% |
Performance13 of 100
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ProShares Trust is selling for under 27.09 as of the 30th of November 2024; that is 2.66 percent down since the beginning of the trading day. The etf's last reported lowest price was 27.03. ProShares Trust has 50 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for ProShares Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
IPO Date 7th of June 2024 |
ProShares Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Cryptocurrency ETFs, Alternative Currency ETFs (View all Sectors) |
Issuer | ProShares |
Inception Date | 2024-06-07 |
Benchmark | Bloomberg Ethereum Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 150.68 Million |
Asset Type | Currency |
Category | Alternative Currency |
Focus | Cryptocurrency |
Market Concentration | Blended Development |
Region | Global |
Administrator | JPMorgan Chase Bank, N.A. |
Advisor | ProShare Advisors LLC |
Custodian | JPMorgan Chase Bank, N.A. |
Distributor | SEI Investments Distribution Co. |
Portfolio Manager | Alexander Ilyasov, George Banian |
Transfer Agent | JPMorgan Chase Bank, N.A. |
Fiscal Year End | 31-May |
Exchange | NYSE Arca, Inc. |
Market Maker | Jane Street |
Total Expense | 1.01 |
Management Fee | 0.95 |
Name | ProShares Trust |
Currency Code | USD |
Code | ETHT |
Country Name | USA |
Open Figi | BBG01N6CTBS9 |
Updated At | 13th of June 2024 |
Currency Name | US Dollar |
Type | Common Stock |
I P O Date | 7th of June 2024 |
Is Delisted | false |
ProShares Trust [ETHT] is traded in USA and was established null. The fund is not classified under any group at this time. The fund currently have in assets under management (AUM).
Check ProShares Trust Probability Of Bankruptcy
ProShares Trust 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 Trust. 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 | 0.1258 | |||
Jensen Alpha | 0.5407 | |||
Total Risk Alpha | (0.13) | |||
Sortino Ratio | 0.1852 |
ProShares Trust Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. For more information on how to buy ProShares Etf please use our How to Invest in ProShares Trust guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of ProShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is ProShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect ProShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Trust'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.