MAKX
ProShares S&P Kensho Smart Factories ETF
MAKX tracks a modified equal-weighted index of US-listed firms that enable the digitalization of manufacturing.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 5.6 M
ASSETS UNDER MGMT
58 bp
EXPENSES
Fund Basics
| Inception date | Sep 29, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| COGNEX CORP | 7.4 % |
| SK TELECOM CO., LTD. SPONSORED ADR | 6.7 % |
| ON SEMICONDUCTOR CORPORATION | 6.5 % |
| TOWER SEMICONDUCTOR LTD | 6.3 % |
| OUSTER, INC. | 5.5 % |
| EMERSON ELECTRIC CO | 5.2 % |
| ROCKWELL AUTOMATION INC | 5.2 % |
| 3D SYSTEMS CORP | 5.1 % |
| APPLIED MATERIALS INC | 4.8 % |
| ZEBRA TECHNOLOGIES CORP-CL A | 4.5 % |
Constituent Breakdown
| Number of holdings | 23 |
| Herfindahl-Hirschman Index | 490 |
| Wgt avg mkt cap (mns) | $30,455 |
| Large cap (>$10bn) | 53.8% |
| Mid cap ($2-10bn) | 28.3% |
| Small cap (<$2bn) | 17.8% |
| Developed mkts. | 85.0% |
| Emerging mkts. | 14.6% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 78.6 % |
 |
SOUTH KOREA | 11.2 % |
 |
ISRAEL | 6.3 % |
 |
TURKEY | 3.4 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 41.8% | 79.8% | 37.6% | 27.0% | -- | -- | -- | 13.0% |
| Dividend Yield | 0.0% | 0.3% | 0.2% | 0.4% | -- | -- | -- | 0.3% |
| Total Returns | 41.8% | 80.0% | 37.8% | 27.4% | -- | -- | -- | 13.3% | Ann. Volatility | 29.6% | 28.9% | 29.4% | 27.1% | -- | -- | -- | 28.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.87 | 58% |
| MSCI EAFE | 1.18 | 38% |
| MSCI Emg Mkts | 1.00 | 47% |
Liquidity Measures
| Avg. volume (000) | 4 |
| ADV traded (mns) | $0 |
| Turnover | 5.3% |
| Avg. Bid/Ask (% of price) | 0.52% |
Technical Indicators
| 30d moving avg. (EMA) | $65.26 |
| Relative strength (RSI) | 66 |
| MACD/Signal | 2.84/2.58 |
| Bollinger Bands (Upper/Lower) | $72.76/$61.02 |
| Short interest (% of AUM) | 3.5% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. MAKX |
Expenses vs. MAKX |
ALTAR Score™ vs. MAKX |
|---|---|---|---|---|
| BULD | Pacer BlueStar Engineering the Future ETF | 22.5% | +2 bp | -0.1% |
| PRNT | 3D Printing ETF | 18.2% | +8 bp | +0.8% |
| IBOT | Vaneck Robotics ETF | 16.3% | -11 bp | +2.7% |
| RSHO | Tema American Reshoring ETF | 14.8% | +17 bp | +3.1% |
| CABZ | Roundhill Robotaxi Autonomous Vehicles & Technology ETF | 10.3% | +1 bp | +1.0% |
| ROBO | ROBO Global Robotics & Automation Index ETF | 10.2% | +37 bp | +1.5% |
Risk and Returns: MAKX vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
0.7%
ALTAR SCORE™
2nd
PERCENTILE
AVOID
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. MAKX's ALTAR Score™ is approximately -2.1 standard
deviations above the category average. This places MAKX in the 2nd percentile
among funds in the category.
Sell-Side Consensus
$74.33
PRICE TARGET
-0.7%
UPSIDE