- What are the top holdings of ION?
- ProShares S&P Global Core Battery Metals ETF holds 50 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does ION have?
- ION holds 50 positions as reported by the fund's most recent disclosure.
- What sectors does ION invest in?
- ProShares S&P Global Core Battery Metals ETF (ION) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is ION most exposed to?
- ION's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is ION a US-only fund?
- The country allocation card on this page shows ION's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does ION invest in?
- ION is a passively managed ETF that provides exposure to companies engaged in the mining of metals used in battery production. The portfolio is comprised of stocks and depositary receipts that had positive total revenue and production value (dollar market value) from the mining of lithium, nickel, and cobalt during the prior year. Companies could be of any market capitalization from both developed and emerging countries. Using a mathematical approach, the fund determines the type, quantity, and mix of investment positions that are expected to produce returns. Weighting is set to each securitys ranking based on production-value-to-revenue ratio divided by the sum of all ranks. A basket liquidity maximum weight is calculated to determine security capping, with excess amounts redistributed across the portfolio. The index is reweighted quarterly in January, April, July, and October, with annual reconstitution every July.
