ProShares Online Retail ETF
ONLN·ARCA
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Key Stats
Assets Under Management
60.13MUSD
Fund Flow (1Y)
-24.19MUSD
Dividend Yield
0.36%
Discount / Premium to NAV
-0.10%
Shares Outstanding
1.40M
Expense Ratio
0.58%
About ProShares Online Retail ETF
Issuer
ProShare Advisors
Brand
ProShares
Inception Date
Jul 13, 2018
Structure
Open-Ended Fund
Index Tracked
ProShares Online Retail Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ONLN is part of a suite of ProShares products that focus on retail disruption, alongside EMTY and CLIX. The fund tracks an index of global companies that mainly sell online or through other non-store sales channels, such as mobile or app purchase and excludes online travel companies. ONLN competes with Amplify's similar fund, IBUY. The biggest difference between the two is in the weighting of components unlike the equal-weighted IBUY, components of ONLN are held on a modified market-cap basis. That gives a big boost to the largest stocks in the segment, like Amazon and Alibaba. The modified market cap adjusts to the following: individual company weight may not exceed 24% of the index and the sum of all companies weighing more than 4.5% may not exceed 50% of the index's value. A cap of 25% is placed on non-US holdings. The index is reconstituted annually in June and rebalanced monthly.
Classification
Asset Class
Equity
Category
Sector
Focus
Consumer Discretionary
Niche
Broadline Retail
Strategy
Vanilla
Geography
Developed Markets
Weighting Scheme
Tiered
Selection Criteria
Market cap
Analysis
Sector
Consumer Cyclical
94.08%
Technology
4.07%
Consumer Defensive
1.85%
Consumer Cyclical
94.08%
Technology
4.07%
Consumer Defensive
1.85%
Asset
Holdings
Symbol
Ratio
AMAZON.COM INC
24.00%
ALIBABA GROUP HOLDING-SP ADR
11.77%
EBAY INC
10.84%
CARVANA CO
4.62%
COUPANG INC
4.40%
Symbol
Ratio
ETSY INC
4.39%
REVOLVE GROUP INC
4.10%
GIGACLOUD TECHNOLOGY INC - A
4.07%
BUCKLE INC/THE
4.00%
BED BATH & BEYOND INC
3.95%
Top 10 Weight 76.14%
19 Total Holding
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
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