Proshares Pet Care Etf Profile
| PAWZ Etf | USD 56.90 0.33 0.58% |
Performance0 of 100
| Odds Of DistressLess than 9
|
ProShares Pet is trading at 56.90 as of the 30th of November 2024; that is 0.58 percent increase since the beginning of the trading day. The etf's open price was 56.57. ProShares Pet has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ProShares Pet Care are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal circumstances, the fund will invest at least 80 percent of its total assets in component securities of the index. Pet Care is traded on BATS Exchange in the United States. More on ProShares Pet Care
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Moving against ProShares Etf
ProShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Rize Pet Care UCITS ETF A USD Acc GBP |
| Business Concentration | Strategy ETFs, Theme ETFs, Miscellaneous Sector, ProShares (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2018-11-05 |
| Benchmark | FactSet Pet Care Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 65.04 Million |
| Average Trading Valume | 3,701.9 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | JPMorgan |
| Advisor | ProShare Advisors LLC |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Alex Ilyasov, Scott Hanson |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Trustee | ProShares Trust |
| Fiscal Year End | 30-Apr |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 34.0 |
| Market Maker | SG Americas Securities, LLC |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 7.69 |
| Name | ProShares Pet Care |
| Currency Code | USD |
| Open Figi | BBG00M6PLNF9 |
| In Threey Volatility | 25.89 |
| 1y Volatility | 24.48 |
| 200 Day M A | 53.892 |
| 50 Day M A | 57.9588 |
| Code | PAWZ |
| Updated At | 29th of November 2024 |
ProShares Pet Care [PAWZ] is traded in USA and was established 2018-11-05. The fund is listed under Miscellaneous Sector category and is part of ProShares family. The entity is thematically classified as Strategy ETFs. ProShares Pet Care at this time have 114.16 M in assets. , while the total return for the last 3 years was -9.4%.
Check ProShares Pet Probability Of Bankruptcy
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 Pet Care 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.
Top ProShares Pet Care Etf Constituents
| CL | Colgate Palmolive | Stock | Consumer Staples | |
| CENTA | Central Garden Pet | Stock | Consumer Staples | |
| CHWY | Chewy Inc | Stock | Consumer Discretionary | |
| ELAN | Elanco Animal Health | Stock | Health Care | |
| FRPT | Freshpet | Stock | Consumer Staples | |
| IDXX | IDEXX Laboratories | Stock | Health Care | |
| MRK | Merck Company | Stock | Health Care | |
| TRUP | Trupanion | Stock | Financials |
ProShares Pet Top Holders
| TMAT | Main Thematic Innovation | Etf | Global Small/Mid Stock |
ProShares Pet Care 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 Pet. 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 | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.07) |
ProShares Pet Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Pet Care. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of ProShares Pet Care 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 Pet's value that differs from its market value or its book value, called intrinsic value, which is ProShares Pet'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 Pet's market value can be influenced by many factors that don't directly affect ProShares Pet'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 Pet's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Pet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Pet'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.