ProShares Managed Futures Strategy ETF Performance and Fees

The ProShares Managed Futures Strategy ETF is designed to provide investors with a way to gain exposure to the performance of a diversified portfolio of futures contracts. It does this by using a rules-based system to select and weight the futures contracts in its portfolio.

The ETF's investment strategy is based on the performance of the Bloomberg Managed Futures Index, which is designed to track the performance of a diversified portfolio of futures contracts. This index is composed of a basket of futures contracts in various asset classes, including commodities, currencies, and interest rates.

The ProShares Managed Futures Strategy ETF has a net expense ratio of 0.90%, which is lower than many other managed futures ETFs. This means that investors can expect to pay less in fees when they invest in this ETF compared to other similar products.

The ProShares Managed Futures Strategy ETF (CBOE: CQQQ) has a number of fees and expenses that you should be aware of.

The fund's expense ratio is 0.95% per annum, which is lower than many other managed futures ETFs on the market.

This expense ratio includes the costs of managing the fund, such as trading and administrative fees.

The fund also has a trading fee of $0.01 per trade, which is a relatively small cost compared to other trading fees.

Fees and expenses are an essential part of understanding the costs associated with investing in a fund.

The expense ratio is a significant fee that you'll need to pay, coming in at 0.75% of the fund's assets under management (AUM).

You can also break down the expense ratio into its component parts, which include the management fee, administrative fee, and 12b-1 fee (although the latter two are not applicable in this case).

A management fee of 0.75% is charged, which is a standard fee for managing the fund's assets.

However, it's worth noting that the management fee can vary, ranging from 0.65% to 2.99% depending on the fund's performance.

The administrative fee, on the other hand, is not applicable in this case, but it can range from 0.09% to 0.45% in other funds.

The 12b-1 fee is not applicable here, but in other funds, it can range from 0.00% to 1.00%.

Here's a summary of the fees and expenses:

Remember, these fees can add up, so it's essential to consider them when making investment decisions.

Management fees are a significant expense to consider when investing in a fund. You'll pay 0.75% of your investment's value each year as a management fee.

These fees cover the costs of managing your investment, such as hiring a fund manager and other administrative tasks. However, the specific costs may vary depending on the fund you choose.

You can see the breakdown of management fees in the table below:

The total annual fund operating expenses, including management fees, distribution and service fees, and other expenses, come out to 0.76% of your investment's value.

In the ProShares Managed Futures Strategy ETF, we can see how it ranks against its category in various periods.

The ETF's returns have been generally lower than the category highs, but higher than the category lows in most periods.

A 3-year period shows the ETF's category rank is 49.44%, indicating it's below average in its category.

The ETF's 5-year annualized return is not available, but its category rank is 45.78%, suggesting it's also below average.

In terms of specific return percentages, the ETF's 10-year annualized return is -2.4%, which is higher than the category low of -2.4% but lower than the category high of 4.3%.

Here's a summary of the ETF's performance rankings in different periods:

The ETF's YTD and 1-year rankings are 92.55% and 59.14% respectively, indicating it's below average in its category for these periods.

The ProShares Managed Futures Strategy ETF is a unique investment product that seeks to provide investors with a way to gain exposure to the managed futures strategy.

This strategy involves investing in a diversified portfolio of futures contracts, which are financial contracts that obligate the buyer to purchase an asset at a predetermined price on a specific date.

The fund's investment manager, Kase Capital, uses a quantitative approach to select the futures contracts included in the portfolio, with the goal of maximizing returns while minimizing risk.

The fund's holdings are highly liquid, with an average daily trading volume of over 1 million shares, making it easy to buy and sell shares as needed.

Concentration Analysis is a crucial aspect of fund analysis. It helps investors understand how concentrated a fund's portfolio is.

The fund's net assets are a significant indicator of its concentration level. In this case, the net assets are $8.17 million, which is a relatively small amount compared to the category high of $1.74 billion.

The number of holdings is another important factor. This fund has 49 holdings, which is a relatively low number compared to the category high of 876 holdings.

Let's take a closer look at the fund's concentration using some key statistics:

The fund's net assets in the top 10 holdings are -$921,000, which is a relatively small amount compared to the category high of $2.04 billion. This suggests that the fund is not overly concentrated in its top holdings.

The weighting of the top 10 holdings is also an important consideration. In this case, the top 10 holdings account for 45.21% of the fund's net assets, which is a relatively high percentage compared to the category low of 20.3%.

When analyzing a fund's financial health, the net income ratio is a crucial metric to consider.

The net income ratio of FUT is -0.68%.

This means that for every dollar invested, FUT generates a loss of 0.68 cents.

To put this into perspective, the category low for net income ratio is -3.14%, which is significantly lower than FUT's ratio.

On the other hand, FUT's net income ratio is better than the category high of 1.55%.

Here's a comparison of FUT's net income ratio with its category peers:

FUT's net income ratio ranks 13.98% in its category, indicating that it's relatively better than its peers.

The ProShares Managed Futures Strategy ETF is listed on the NYSE Arca exchange under the ticker symbol CRR.

It has a total of 33 holdings in its portfolio, which are diversified across various futures contracts and commodity indexes.

These holdings include a mix of long and short positions in different asset classes, such as agricultural commodities, energy futures, and precious metals.

When analyzing capital gain distribution, it's essential to understand the frequency at which it occurs.

Capital gain distribution happens annually in all scenarios, as shown in the Capital Gain Distribution Analysis table.

This means that investors can expect to receive capital gains on a yearly basis, regardless of the category or capital mode.

Here's a breakdown of the capital gain distribution frequency:

Your portfolio holdings are a crucial aspect of your investment strategy. The holdings listed in the table reveal a diverse mix of assets, with a total of 27 different categories.

The largest category is Natural Gas Future, weighing in at 16.19% of the total portfolio. This is followed closely by Live Cattle Future, which accounts for 27.07% of the portfolio.

Here's a breakdown of the top 5 holdings in the portfolio:

The portfolio also includes a significant allocation to Treasury Bills, making up 94.83% of the total holdings. This is a conservative and stable investment, providing a 4.31% estimated yield.