IONProshares S&P Global Core Battery Metals ETF

Grow my money3y track recordRanked #2,137 of 2,960 in this goal

Seeks investment results that track the performance of the S&P Global Core Battery Metals Index.

By ProShares · Launched 2022

Annual Cost

0.58%

#2,930 of 5,562 · average

Fund Size

$17M

#4,467 of 5,562 · small

Return (1Y)Goal

+104.9%

Track Record

3 years

#2,869 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$20,478+104.8%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Sector

Materials

Focus

EV & Battery

Index tracked

S&P Global Core Battery Metals Index

What it actually holds

By weight

Concentration

Top 10 holdings = 43.7% of fundmoderately concentrated

INVESCO GOVT AND AGCY LEX

6.4%

Sigma Lithium Corp.

5.1%

Liontown Resources Ltd.

4.5%

Pilbara Minerals Ltd.

4.5%

Chengxin Lithium Group Co. Ltd.

4.2%

Sociedad Quimica y Minera de Chile SA

4.2%

Albemarle Corp.

4.0%

IGO Ltd.

3.9%

Pacific Metals Co. Ltd.

3.7%

Tibet Mineral Development Co. Ltd.

3.2%

Asset allocation

Stocks

100.2%

By sector

Basic Materials

96.2%

Industrials

3.0%

Consumer Cyclical

0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

39.5%High

Year-on-year price swings

Max drawdown

-52.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.50Decent risk-adjusted returns

Sortino (3Y)

0.74Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks investment results that track the performance of the S&P Global Core Battery Metals Index.
Strategy: Invests primarily in financial instruments to track the S&P Global Core Battery Metals Index, which measures companies engaged in mining cobalt, lithium, and nickel for battery production.
Inception date: November 29, 2022
Fund family: ProShares