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EMTYProShares Decline of the Retail Store ETF

Grow my moneyTake a bet8y track recordRanked #480 of 775 in this goal

Seeks capital appreciation from the decline of bricks and mortar retailers through short exposure to the Index.

By ProShares · Launched 2017

Annual Cost

0.65%

#3,297 of 5,562 · average

Fund Size

$3M

#5,232 of 5,562 · small

Return (1Y)Goal

-3.6%

Track Record

8 years

#1,667 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$9,868-1.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Inverse

Index tracked

Solactive-ProShares Bricks and Mortar Retail Store Index

What it actually holds

By weight

Concentration

Top 10 holdings = 96.1% of fundconcentrated

Repurchase Agreement
29.0%
Repurchase Agreement
20.1%
Repurchase Agreement
17.5%
Repurchase Agreement
7.0%
Repurchase Agreement
7.0%
Repurchase Agreement
5.3%
Repurchase Agreement
5.3%
Repurchase Agreement
3.4%
Repurchase Agreement
1.8%
N/A
-0.2%

Asset allocation

Other
100.0%
Cash
99.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
17.8%Moderate

Year-on-year price swings

Max drawdown
-77.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.27Below average
Sortino (3Y)
-0.36Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks capital appreciation from the decline of bricks and mortar retailers through short exposure to the Index.
Strategy
Invests primarily in financial instruments to achieve daily inverse exposure to the Solactive-ProShares Bricks and Mortar Retail Store Index. The Index targets U.S. retail companies reliant on in-store sales, reevaluated monthly and reset to equal weight. The Fund uses derivatives, including swap agreements, to maintain its exposure.
Inception date
November 14, 2017
Fund family
ProShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Inverse
Warning

Inverse ETF — daily tool only

Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.

Source: Cheng & Madhavan (2009)

Why we flagged this: strategy=inverse + inverse_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19