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
$ 5.4 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
| OUSTER, INC. | 8.7 % |
| 3D SYSTEMS CORP | 7.2 % |
| AMBIQ MICRO INC | 6.4 % |
| COGNEX CORP | 5.9 % |
| ROCKWELL AUTOMATION INC | 5.7 % |
| EMERSON ELECTRIC CO | 5.6 % |
| SK TELECOM CO., LTD. SPONSORED ADR | 5.4 % |
| AUTODESK INC | 4.4 % |
| APPLIED MATERIALS INC | 4.2 % |
| CEVA INC | 4.2 % |
Constituent Breakdown
| Number of holdings | 25 |
| Herfindahl-Hirschman Index | 480 |
| Wgt avg mkt cap (mns) | $185,708 |
| Large cap (>$10bn) | 58.1% |
| Mid cap ($2-10bn) | 17.5% |
| Small cap (<$2bn) | 24.3% |
| Developed mkts. | 89.6% |
| Emerging mkts. | 10.2% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 85.7 % |
 |
SOUTH KOREA | 7.4 % |
 |
ISRAEL | 3.9 % |
 |
TURKEY | 2.7 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 30.7% | 35.6% | 28.4% | 19.3% | -- | -- | -- | 10.7% |
| Dividend Yield | 0.0% | 0.2% | 0.2% | 0.3% | -- | -- | -- | 0.3% |
| Total Returns | 30.7% | 35.8% | 28.7% | 19.7% | -- | -- | -- | 11.0% | Ann. Volatility | 36.1% | 33.7% | 32.0% | 29.0% | -- | -- | -- | 29.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 2.03 | 60% |
| MSCI EAFE | 1.38 | 41% |
| MSCI Emg Mkts | 1.05 | 58% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 1.3% |
| Avg. Bid/Ask (% of price) | 0.51% |
Technical Indicators
| 30d moving avg. (EMA) | $66.30 |
| Relative strength (RSI) | 49 |
| MACD/Signal | -1.40/-1.24 |
| Bollinger Bands (Upper/Lower) | $70.18/$61.41 |
| 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 |
|---|---|---|---|---|
| IBOT | Vaneck Robotics ETF | 20.0% | -11 bp | +2.7% |
| BULD | Pacer BlueStar Engineering the Future ETF | 18.5% | +2 bp | -0.2% |
| PRNT | 3D Printing ETF | 13.5% | +8 bp | +0.7% |
| WELD | U.S. Manufacturing & Reshoring ETF | 12.8% | +17 bp | +3.2% |
| NRSH | Aztlan North America Nearshoring Stock Selection ETF | 12.0% | +17 bp | +1.9% |
| CBOT | Corgi Robots & Humanoids ETF | 11.2% | -23 bp | -1.2% |
| ROBO | ROBO Global Robotics & Automation Index ETF | 10.4% | +37 bp | +1.7% |
| KOMP | State Street SPDR S&P Kensho New Economies Composite ETF | 10.3% | -38 bp | +0.3% |
| FTXL | First Trust Nasdaq Semiconductor ETF | 10.2% | +2 bp | +1.5% |
| CABZ | Roundhill Robotaxi Autonomous Vehicles & Technology ETF | 10.1% | +1 bp | +1.3% |
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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 8/9/2026
Peer Group Comparison
Sample data. Subscribe for access.
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.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
0.8%
ALTAR SCORE™
1st
PERCENTILE
AVOID
ETFRC RATING
There are 1,402 funds in the US Equity category with an average
ALTAR Score™ of 5.2% and a standard deviation
of 2.0%. MAKX's ALTAR Score™ is approximately -2.2 standard
deviations above the category average. This places MAKX in the 1st percentile
among funds in the category.
Sell-Side Consensus
$76.3
PRICE TARGET
+6.4%
UPSIDE