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MAKX - ProShares S&P Kensho Smart Factories ETF

Expense Ratio: 0.58%

MAKX ETF Stock Chart

MAKX Profile

ProShares S&P Kensho Smart Factories ETF logo

The ProShares S&P Kensho Smart Factories ETF aims to provide investors with exposure to companies driving innovation in the digitalization of manufacturing processes. This fund invests in securities that are selected to closely mirror the performance of its underlying index, which focuses on firms at the forefront of smart manufacturing technology. The index includes companies that are advancing technologies such as automation, artificial intelligence, and the Internet of Things (IoT) to enhance manufacturing efficiency and capabilities.

The fund’s investment strategy involves purchasing and holding all the component securities of the index in roughly the same proportions as represented in the index. This approach ensures that the fund’s performance aligns closely with that of the index, offering investors a way to gain targeted exposure to the burgeoning field of smart factories. By focusing on companies that are pioneering advancements in manufacturing technology, the ETF seeks to capitalize on the growth potential in this transformative sector.

The underlying index encompasses a broad array of companies involved in developing and implementing cutting-edge manufacturing solutions. This includes firms specializing in robotics, advanced sensors, machine learning, and other technologies that are reshaping the industrial landscape. As these technologies become increasingly integral to modern manufacturing, the fund aims to capture the growth associated with their adoption and expansion.

Despite its targeted investment strategy, the fund is classified as non-diversified, concentrating its holdings within a specific sector. This specialized focus allows investors to benefit from the dynamic trends within the smart manufacturing industry, positioning the fund as a key investment for those seeking exposure to the next generation of manufacturing technology and its associated growth opportunities.


 

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