ProShares Supply Chain Logistics ETF (SUPL)

Overview

The ProShares Supply Chain Logistics ETF (SUPL) seeks investment results, before fees and expenses, that correspond to the performance of the FactSet Supply Chain Logistics Index. It focuses on companies involved in the supply chain logistics sector, including transportation, warehousing, and distribution.

Reputation and Reliability

ProShares is a well-known issuer specializing in leveraged and inverse ETFs. It has a solid reputation for providing innovative and targeted investment solutions.

Management Expertise

ProShares has a team of experienced professionals managing its ETFs, with expertise in financial markets and product development.

Goal

The primary investment goal of SUPL is to track the performance of the FactSet Supply Chain Logistics Index before fees and expenses.

Investment Approach and Strategy

Strategy: SUPL aims to track the FactSet Supply Chain Logistics Index, which is composed of companies involved in various aspects of the supply chain logistics industry.

Composition SUPL primarily holds stocks of companies involved in transportation, warehousing, distribution, and other supply chain-related activities.

Market Share: SUPLu2019s market share is relatively small compared to broader transportation or industrial ETFs.

Total Net Assets (AUM): 35740000

Key Competitors

• XLI
• FDX
• UPS
• IYT

Competitive Landscape

The supply chain logistics ETF market is competitive, with broad industrial ETFs holding many of the same companies as specialized ETFs like SUPL. SUPL offers a more focused approach compared to broad ETFs like XLI, but it may have lower liquidity and higher volatility. Compared to express delivery companies like FDX and UPS, SUPL has a broader exposure across the supply chain industry, resulting in diversification but perhaps at the expense of lower growth potential. Given the relatively small AUM and market share, SUPL's advantage lies in its targeted exposure, but its disadvantage lies in limited liquidity and competition from well-established ETFs with higher AUM.

Historical Performance: Historical performance data is dynamic and needs to be fetched from financial data providers. An array of performance data would be included here.

Benchmark Comparison: Benchmark comparison data is dynamic and needs to be fetched from financial data providers. A table of benchmark performance versus fund performance would be included here.

Expense Ratio: 0.58

Average Trading Volume

SUPL's average trading volume is relatively low, which can impact execution costs.

Bid-Ask Spread

The bid-ask spread for SUPL can be wider than more liquid ETFs, potentially increasing trading costs.

Market Environment Factors

Economic growth, trade policies, technological advancements, and disruptions such as pandemics can significantly impact the supply chain logistics sector, affecting SUPL's performance. Interest rates, global consumer demand, and manufacturing activity also affect the ETF.

Growth Trajectory

The growth trajectory of SUPL depends on the overall health of the global economy and the increasing complexity and importance of supply chains. There has been no changes on strategy and holdings.

Competitive Edge

SUPL's competitive advantage is its targeted exposure to the supply chain logistics sector, offering investors a focused approach compared to broader industrial or transportation ETFs. This targeted focus allows investors to capitalize on specific trends and developments within the supply chain industry. However, this specialized focus also means that SUPL may be more volatile and less diversified than broader ETFs. ProShares' expertise in developing niche investment products also gives SUPL a degree of credibility and access to a distribution network.

Volatility

SUPL's historical volatility might be higher than broader market ETFs due to its focused sector exposure.

Market Risk

SUPL is subject to market risk related to the performance of the supply chain logistics sector, including economic downturns, regulatory changes, and disruptions in global trade.

Ideal Investor Profile

The ideal investor for SUPL is someone who believes in the long-term growth of the supply chain logistics industry and is comfortable with sector-specific risks. This investor is seeking targeted exposure to the sector and is looking for diversification within their portfolio.

Market Risk

SUPL is suitable for investors with a higher risk tolerance who are looking for tactical exposure to the supply chain logistics sector. It is less suitable for risk-averse investors or those seeking broad market exposure.

The ProShares Supply Chain Logistics ETF (SUPL) offers targeted exposure to companies involved in the supply chain logistics sector. The ETF's specialized focus can be advantageous for investors seeking to capitalize on specific trends in the industry, but it comes with risks and limited liquidity. Investors should carefully consider their risk tolerance and investment objectives before investing in SUPL. This ETF may be suitable for investors who are bullish on long-term growth in logistics, and the ETF is less suitable for conservative investors or those seeking broad market exposure. Overall, SUPL provides a niche investment opportunity, but investors should weigh its benefits against potential downsides.

• XLI
• IYT
• FDX
• UPS

Data Sources:

• ProShares Official Website
• FactSet
• Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market Share figures may have a higher margin of error due to reliance on various sources.