EMTY

ProShares Decline of the Retail Store ETF

$12.32

+0.00%

Market closed. Last update: 12:27 PM ET

📎 Investment Objective

The ProShares Decline of the Retail Store ETF (EMTY) seeks to provide investment results that correspond to the performance of an index that tracks companies that may benefit from the decline of traditional retail stores.

Overview

ETF tracking ProShares Decline of the Retail Store ETF

Category Consumer Discretionary

Issuer ProShares

Inception Date 2017-11-16

Market Cap $2.7M

Average Volume N/A

Dividend Yield 4.89%

52-Week Range $11.36 - $15.10

VWAP $12.33

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses a passive management (or indexing) approach and seeks to track the performance of the FactorShares Solactive-ProShares Bricks and Mortar Retail Store Index. The index is designed to provide exposure to companies that may benefit from the shift away from traditional retail stores and towards e-commerce and other technological advancements in the retail industry.

✨ Key Features

Provides exposure to companies that may benefit from the decline of traditional retail stores
Passively tracks the FactorShares Solactive-ProShares Bricks and Mortar Retail Store Index
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific sector (consumer discretionary)
Potential volatility due to the fund's narrow focus on the retail industry
Tracking error risk as the fund may not perfectly replicate the performance of its underlying index
Limited performance history makes it difficult to evaluate the fund's long-term viability

👤 Best For

This ETF may be suitable for investors with a long-term investment horizon who are looking to gain exposure to companies that may benefit from the ongoing shift in consumer shopping habits away from traditional retail stores. However, due to the fund's narrow focus and limited performance history, it may be more appropriate for experienced investors with a higher risk tolerance.