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MAKX

ProShares S&P Kensho Smart Factories ETF (MAKX)

$31.66

Delayed price

PASS

BUY Advisory
SELL Advisory (Profit)
SELL Advisory (Loss)

Profit
Loss
Pass (Skip investing)

Time period over

ALL
YEAR
MONTH
WEEK

Upturn Advisory Summary

04/04/2025: MAKX (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF

Historic Profit -30.03%

Avg. Invested days 33

Today’s Advisory PASS

Upturn Star Rating

Upturn Advisory Performance

2.0

ETF Returns Performance

1.0

Profits based on simulation

Last Close 04/04/2025

Key Highlights

Volume (30-day avg) 259	Beta 1.49	52 Weeks Range 31.66 - 43.85	Updated Date 04/6/2025
52 Weeks Range 31.66 - 43.85	Updated Date 04/6/2025

Upturn AI SWOT

ProShares S&P Kensho Smart Factories ETF

ETF Overview

Overview

The ProShares S&P Kensho Smart Factories ETF (FCTY) seeks investment results, before fees and expenses, that correspond to the performance of the S&P Kensho Smart Factories Index. It focuses on companies involved in the development, advancement and utilization of factory automation, industrial robotics, and related technologies.

Reputation and Reliability

ProShares is a well-known issuer of leveraged and inverse ETFs, as well as ETFs focused on specific investment themes. They have a generally good reputation in the market.

Management Expertise

ProShares has a team of experienced professionals managing its ETFs. Their expertise spans across index tracking, product structuring, and risk management.

Investment Objective

Goal

To track the performance of the S&P Kensho Smart Factories Index.

Investment Approach and Strategy

Strategy: Tracks a specific index related to smart factory companies.

Composition The ETF holds stocks of companies involved in factory automation, industrial robotics, and related technologies.

Market Position

Market Share: FCTY's market share within the industrial robotics and automation ETF space is moderate.

Total Net Assets (AUM): 19820000

Competitors

Key Competitors

ROBO Global Robotics and Automation Index ETF (ROBO)
iShares Robotics and Artificial Intelligence ETF (IRBO)
Global X Robotics & Artificial Intelligence ETF (BOTZ)

Competitive Landscape

The competitive landscape is dominated by ROBO, IRBO, and BOTZ. FCTY offers a focused approach on smart factories, which can be an advantage for investors seeking specific exposure, but it lags in AUM and trading volume compared to the larger ETFs. FCTY may offer more specific sector exposure. Competitors offer broader robotics/AI coverage.

Financial Performance

Historical Performance: Historical performance varies depending on the specific time period and overall market conditions. Investors should refer to the official fund factsheet for accurate data.

Benchmark Comparison: The ETF's performance is compared to the S&P Kensho Smart Factories Index.

Expense Ratio: 0.58

Liquidity

Average Trading Volume

The average trading volume of FCTY is relatively low, impacting ease of entry and exit.

Bid-Ask Spread

The bid-ask spread can be moderate, reflecting the lower trading volume.

Market Dynamics

Market Environment Factors

Economic growth, technological advancements in automation, and government policies promoting manufacturing all influence FCTY.

Growth Trajectory

Growth is tied to the adoption of smart factory technologies. Increased manufacturing efficiency, reduced costs and increased product quality are the objectives of smart factories.

Moat and Competitive Advantages

Competitive Edge

FCTY's competitive edge lies in its specific focus on the smart factory theme, powered by the S&P Kensho Smart Factories Index. This targeted approach differentiates it from broader robotics and automation ETFs. It potentially provides more granular exposure to the factory automation segment. If this segment outperforms the broader robotics/AI space, FCTY could have a better return.

Risk Analysis

Volatility

The ETF's volatility depends on the performance of the underlying companies in the smart factory sector.

Market Risk

Risks include economic cycles, technological disruption in the manufacturing sector, and competition within the smart factory industry.

Investor Profile

Ideal Investor Profile

The ideal investor is someone interested in the long-term growth potential of factory automation and industrial robotics.

Market Risk

It is suitable for investors with a high risk tolerance and a long-term investment horizon. More suitable for investors who understands technology market dynamics.

Summary

The ProShares S&P Kensho Smart Factories ETF (FCTY) offers targeted exposure to companies involved in factory automation and industrial robotics. While it has a focused investment strategy, its AUM and trading volume are relatively low compared to its larger competitors. Investors should carefully consider the risks and potential rewards of this niche ETF. Investors who believe the sector is poised for growth might consider FCTY's focused nature beneficial.

Similar Companies

BOTZ

Global X Robotics & Artificial Intelligence ETF

$30.68

ETF

ETF

PASS

Sources and Disclaimers

Data Sources:

ProShares website
ETF.com
Morningstar

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market data is subject to change.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About ProShares S&P Kensho Smart Factories ETF

Exchange NYSE ARCA	Headquaters -
IPO Launch date -	CEO -
Sector -	Industry -	Full time employees -	Website
Full time employees -	Website

The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of U.S.-listed companies focused on building technologies or products that enable the digitalization of manufacturing activities The index includes U.S. and non-U.S. companies. Under normal circumstances, it will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. It is non-diversified.

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Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.