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This fund aims to track the performance of an underlying index, with its security holdings chosen by ProShare Advisors. The index comprises companies dedicated to creating the technologies that drive the digitalization of manufacturing activities, essentially enabling smart factories. To achieve its goal, the fund fully replicates the index by investing in all its component securities in roughly the same proportions. This investment vehicle is non-diversified.
Is MAKX's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
MAKX, a thematic ETF focused on manufacturing automation, has low assets and liquidity, posing a high risk of discontinuation. MAKX and its peers' poor track record highlights the pitfalls of thematic ETFs, which often fail to translate trends into profitable investments. Investing in well-managed manufacturing companies with automation projects is a better strategy than thematic ETFs like MAKX, which focus on infrastructure suppliers.
ProShares recently launched several new thematic funds for investors looking to invest in next-gen industries. Let's take a look at 6 ETFs betting on the trends of tomorrow, today.
The new funds focus on nanotechnology, smart materials and on-demand streaming.
Learn and understand what fuels the thematic ETF landscape and how it is always evolving to meet investor demands.
The U.S. labor market continues to experience a shortage, with the economy adding only 194,000 jobs in September. This is a trend that has economists and analysts concerned, as prolonged workforce shortages wear on economic performance in the midst of the pandemic.