$63.81—Stale · unknown old
NYSE • Last print unknown ago
$63.81—Stale · unknown old
ProShares - S&P Kensho Smart Factories ETF (MAKX) focuses on investing in companies that are at the forefront of the smart manufacturing revolution, leveraging advanced technologies such as IoT, AI, and automation. The ETF targets firms primarily in North America and Europe that are positioned to benefit from increased efficiency and productivity in manufacturing processes.
MAKX generates revenue through management fees based on the total assets under management. The ETF's focus on smart factories allows it to capitalize on the growing trend of automation and digitization in manufacturing, providing a unique exposure to companies that are innovating in this space.
Growth in manufacturing sector driven by technological advancements
Changes in industrial production indices
Investor sentiment towards automation and smart technologies
Regulatory changes promoting advanced manufacturing practices
Technological disruption from emerging manufacturing technologies
Regulatory changes that could impact manufacturing operations
Increased competition from other ETFs focusing on similar themes
Market volatility affecting investor sentiment towards sector-specific ETFs
Liquidity risks associated with ETF redemption pressures during market downturns
Potential for increased management fees if AUM declines significantly
high - The performance of MAKX is closely tied to the health of the manufacturing sector, which is sensitive to GDP growth and industrial activity.
Rising interest rates can dampen investment in capital-intensive manufacturing technologies, potentially reducing the attractiveness of the ETF's holdings.
minimal - The ETF is not directly dependent on credit conditions, as it invests in publicly traded equities.
growth - Investors looking for exposure to innovative manufacturing technologies and trends.
moderate - The ETF's volatility will be influenced by the performance of the underlying equities and market conditions.