ProShares Online Ownership
| ONLN Etf | USD 61.26 0.26 0.43% |
ProShares | Build AI portfolio with ProShares Etf |
ProShares Etf Ownership Analysis
ProShares Online is is formed as Regulated Investment Company in the United States. ETF is managed and operated by J.P. Morgan Chase Bank, N.A.. The fund has 24 constituents with avarage daily trading value of 10 K. The fund charges 0.58 percent management fee with a total expences of 0.58 percent of total asset. The fund maintains 99.87% of assets in stocks. Under normal circumstances, the fund will invest at least 80 percent of its total assets in component securities of the index. Online Retail is traded on NYSEARCA Exchange in the United States. To find out more about ProShares Online Retail contact the company at NA.Sector Exposure (%)
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Online , and the less return is expected.
Investment Allocations (%)
Top Etf Constituents
| NFLX | Netflix | Etf | |
| MGNI | Magnite | Stock | |
| W | Wayfair | Stock | |
| SSTK | Shutterstock | Stock | |
| SFIX | Stitch Fix | Stock | |
| REAL | TheRealReal | Stock | |
| QRTEA | QRTEA Old | Stock | |
| PDD | PDD Holdings | Stock | |
| NEGG | Newegg Commerce | Stock | |
| AMZN | Amazon Inc | Stock | |
| JD | JD Inc Adr | Stock | |
| GRPN | Groupon | Stock | |
| FLWS | 1 800 FLOWERSCOM | Stock | |
| FIGS | Figs Inc | Stock | |
| ETSY | Etsy Inc | Stock | |
| EBAY | eBay Inc | Stock | |
| DLTH | Duluth Holdings | Stock | |
| DIBS | 1StdibsCom | Stock | |
| DASH | DoorDash, Class A | Stock | |
| CHWY | Chewy Inc | Stock | |
| CHGG | Chegg Inc | Stock | |
| BABA | Alibaba Group Holding | Stock |
ProShares Online Outstanding Bonds
ProShares Online issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ProShares Online Retail uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ProShares bonds can be classified according to their maturity, which is the date when ProShares Online Retail has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US74348YAV39 Corp BondUS74348YAV39 | View | |
| US74348YDX67 Corp BondUS74348YDX67 | View | |
| PROSPECT CAP P Corp BondUS74348YEA55 | View | |
| US74348TAV44 Corp BondUS74348TAV44 | View | |
| PSEC 3437 15 OCT 28 Corp BondUS74348TAW27 | View | |
| PROLOGIS L P Corp BondUS74340XBH35 | View | |
| PLD 4 15 SEP 28 Corp BondUS74340XBX84 | View | |
| PLD 2875 15 NOV 29 Corp BondUS74340XBY67 | View |
Pair Trading with ProShares Online
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProShares Online position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProShares Online will appreciate offsetting losses from the drop in the long position's value.Moving together with ProShares Etf
| 0.96 | XLY | Consumer Discretionary | PairCorr |
| 0.96 | VCR | Vanguard Consumer | PairCorr |
| 0.94 | ITB | iShares Home Construction Potential Growth | PairCorr |
| 0.96 | FDIS | Fidelity MSCI Consumer | PairCorr |
| 0.94 | XHB | SPDR SP Homebuilders | PairCorr |
The ability to find closely correlated positions to ProShares Online could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProShares Online when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProShares Online - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProShares Online Retail to buy it.
The correlation of ProShares Online is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProShares Online moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProShares Online Retail moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProShares Online can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Online Retail. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of ProShares Online Retail is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Online's value that differs from its market value or its book value, called intrinsic value, which is ProShares Online's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Online's market value can be influenced by many factors that don't directly affect ProShares Online's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Online's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.