The ProShares Online Retail ETF is a fund that aims to track the performance of the online retail industry. It focuses on companies that generate a significant portion of their revenue from online sales.
The ETF has a unique approach to tracking the online retail industry, using a proprietary index that includes companies from various sectors such as e-commerce, digital payments, and cloud computing.
Investing in the ProShares Online Retail ETF can provide exposure to a growing and increasingly important sector of the economy. By investing in the ETF, you can gain access to a diversified portfolio of online retail companies.
The ETF's investment strategy involves tracking the index, which is designed to provide broad exposure to the online retail industry.
Statistics
The ProShares Online Retail ETF has a day's open price of $45.35 and a day's range of $45.29 to $45.57. This suggests that the price of the ETF has been relatively stable over the past day.
The ETF has a high trading volume of 11,989 shares, indicating that it is a liquid investment option. Its beta of 1.48 suggests that the ETF is more volatile than the overall market.
Here are some key statistics for the ProShares Online Retail ETF:
The ETF's 3-year Sharpe Ratio is -0.24, which indicates that it has not provided a positive return over the past three years. Its 14-Day RSI is 42.8, which suggests that the ETF is currently in a neutral position.
Key Statistics
The day's open for the ProShares Online Retail ETF was $45.35.
This is a significant figure, as it represents the starting point for the day's trading. It's also worth noting that the day's open can be influenced by various market factors, such as news and events.
The day's range for the ProShares Online Retail ETF was between $45.29 and $45.57.
These numbers show the highest and lowest prices the ETF traded at during the day. A narrow range typically indicates low volatility, while a wide range suggests higher volatility.
The 52-week range for the ProShares Online Retail ETF was between $32.665 and $48.9.
This range gives you an idea of the ETF's price fluctuations over the past year. It's interesting to see how the current price compares to the highs and lows of the past year.
Here's a summary of the key statistics for the ProShares Online Retail ETF:
The beta value of 1.48 indicates that the ProShares Online Retail ETF is more volatile than the overall market. This means that the ETF's price movements will be more extreme than the market's price movements.
Total Return Ranking
Total Return Ranking is a way to measure how well an investment has performed compared to others in the same category. This ranking is usually calculated over different time periods, such as years.
The ranking can be either trailing or calendar-based. Trailing rankings look at the performance over a specific period, while calendar-based rankings examine the performance for each individual year. For instance, a trailing 3-year ranking would show how the investment performed over the past three years, while a calendar-based ranking would show the performance for each year individually.
In terms of actual numbers, let's take a look at some examples. According to the data, the ONLN Return for the 1-year period was 34.0%. This is significantly higher than the Category Return Low of -1.1% and lower than the Category Return High of 34.8%.
Here's a breakdown of the ranking for different time periods:
As you can see, the ranking can vary significantly depending on the time period. For example, the 3-year ranking is extremely high, indicating that the investment performed very well over that period.
Performance
The ProShares Online Retail ETF has shown some impressive performance over the years. Its 1-year return of 34.0% is quite notable, especially when compared to its category's return high of 34.8%.
One thing to keep in mind is that the ETF's performance can be quite volatile. In fact, its 1-month return of -2.19% is a significant drop, but it's also worth noting that its 6-month return of 11.42% is a significant increase.
Here's a breakdown of the ETF's performance over different time periods:
As you can see, the ETF's performance has been quite variable over the years, but it's also worth noting that its 10-year return is a flat 0.00%.
Frequently Asked Questions
What is retail ETF?
A retail ETF invests in stocks of companies that operate various types of stores, including department stores, specialty stores, and home improvement stores. It provides exposure to the retail industry, allowing investors to track its performance.
Sources
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