ProShares DJ Brookfield Global Infrastructure ETF (TOLZ)

Overview

The ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) seeks investment results that correspond to the performance of the Dow Jones Brookfield Global Infrastructure Index. It invests in global companies that own and operate infrastructure assets, providing exposure to sectors like utilities, transportation, and energy infrastructure.

Reputation and Reliability

ProShares is a well-known issuer of ETFs, particularly known for its leveraged and inverse products, offering a range of innovative and specialized investment solutions. They are generally considered a reliable provider.

Management Expertise

ProShares has a dedicated team of investment professionals with experience in managing various types of ETFs, including those focused on specific sectors and investment strategies.

Goal

To seek investment results that correspond to the performance of the Dow Jones Brookfield Global Infrastructure Index.

Investment Approach and Strategy

Strategy: The ETF aims to track the Dow Jones Brookfield Global Infrastructure Index, a benchmark for global infrastructure companies.

Composition The ETF holds a basket of stocks representing companies operating infrastructure assets globally, including utilities, transportation, and energy infrastructure sectors.

Market Share: Difficult to precisely quantify due to the broad infrastructure ETF landscape; TOLZ holds a moderate market share.

Total Net Assets (AUM): 1221950000

Key Competitors

• iShares Global Infrastructure ETF (IGF)
• First Trust Global Infrastructure ETF (FGQI)
• FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA)

Competitive Landscape

The infrastructure ETF market is moderately competitive, with a few large players dominating the AUM. TOLZ differentiates itself by tracking the Dow Jones Brookfield Global Infrastructure Index. Compared to its competitors, TOLZ has a reasonable expense ratio and solid performance but has lower AUM than IGF. FGQI has slightly better dividend yield.

Historical Performance: Historical performance can be found on various financial websites. The performance is dependent on the index that it tracks and the performance of the underlying stocks.

Benchmark Comparison: The ETF's performance should be compared to the Dow Jones Brookfield Global Infrastructure Index to assess tracking efficiency.

Expense Ratio: 0.46

Average Trading Volume

The average trading volume is moderate, suggesting reasonable liquidity for most investors.

Bid-Ask Spread

The bid-ask spread is typically tight, indicating efficient trading.

Market Environment Factors

Economic growth, interest rates, government infrastructure spending, and regulatory policies can all significantly influence the performance of global infrastructure companies held by the ETF.

Growth Trajectory

The growth trajectory depends on global infrastructure demand, investment in new projects, and the overall economic environment. There have been no significant changes in strategy and holdings of late.

Competitive Edge

TOLZ benefits from its exposure to a well-defined index focused on pure-play infrastructure companies. Its investment strategy targets global infrastructure assets, providing diversification across various regions and sub-sectors. ProShares' reputation and expertise in offering specialized ETFs provide a degree of credibility. The ETF's relatively low expense ratio compared to some peers makes it attractive to cost-conscious investors. The index it tracks is a well-known benchmark.

Volatility

Volatility is moderate, reflecting the relatively stable nature of infrastructure assets.

Market Risk

The ETF is exposed to market risk, sector-specific risk (utilities, transportation, energy), and international risks due to its global holdings. Interest rate fluctuations and regulatory changes can also affect performance.

Ideal Investor Profile

The ideal investor is someone seeking long-term capital appreciation and income through exposure to global infrastructure assets. Investors who desire diversification through infrastructure projects such as toll roads and power plants.

Market Risk

Suitable for long-term investors and those seeking to diversify their portfolios with exposure to global infrastructure. It is also suitable for passive index followers.

ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) provides exposure to a diversified portfolio of global infrastructure companies. Its investment objective is to track the Dow Jones Brookfield Global Infrastructure Index. TOLZ is suitable for long-term investors seeking exposure to the infrastructure sector with a relatively low expense ratio. The ETF faces competition from larger players like IGF, but its specific index focus and ProShares' reputation provide some advantages. Its performance is subject to market risks, sector-specific factors, and global economic conditions.

• IGF
• FGQI
• NFRA
• UTR
• MORT

Data Sources:

• ProShares website
• ETF.com
• Yahoo Finance
• Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Consult with a financial advisor before making any investment decisions. Market share estimates are approximate and may vary depending on the source and methodology.