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Sunday, August 23, 2026The Morning Brief →Sign in

ProShares MSCI Transformational Changes ETF

$54.73+1.10% today
445552-WK

The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect ("Transformational Changes") - changes accelerated by COVID-19. The fund will generally use a “replication strategy” to achieve its investment objective, meaning that it will invest in all of the component securities of the index in approximately the same proportion as the index.

Price & daily flows
52.549.546.554.73DAILY NET FLOWFeb 19Apr 21Jun 22Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +8.6% so far this year. At 0.45% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$8748.00Tassets under management
0.45%expense ratio · $45 per $10,000 a year
net flow, trailing month
237avg daily volume, 30 days
154holdings · US-domiciled
2020listed October 13, 2020 · beta 0.94
Sector weights
Technology Services30.92%
Healthcare24.08%
Information Technology24%
Technology23.74%
Health Technology22.81%
Communication Services19.79%
Other16.19%
Consumer Discretionary14.06%
Basic Materials10.07%
Materials9.94%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States75.24%
Other17.01%
China5.12%
Germany3.28%
Japan2.95%
Switzerland2.73%
Ireland2.3%
South Africa1.84%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+2.8%
1 month+8.6%
3 months+8.4%
6 months+11.5%
YTD+8.6%
1 year+6.8%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
15%realized volatility, 30 days (annualized)
14%realized volatility, 1 year
-16.4%deepest fall from a peak, 1 year
at peakwhere it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
shares traded
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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