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Upturn AI SWOT - About
ProShares S&P Kensho Cleantech ETF (CTEX)
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Upturn Advisory Summary
08/14/2025: CTEX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -41.45% | Avg. Invested days 27 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.72 | 52 Weeks Range 15.11 - 24.76 | Updated Date 06/29/2025 |
52 Weeks Range 15.11 - 24.76 | Updated Date 06/29/2025 |
Upturn AI SWOT
ProShares S&P Kensho Cleantech ETF
ETF Overview
Overview
ProShares S&P Kensho Cleantech ETF (CTEX) seeks investment results, before fees and expenses, that correspond to the performance of the S&P Kensho Global Clean Energy Index. This ETF invests in companies focused on clean technologies. Its asset allocation is primarily in equities. The investment strategy involves tracking the specified index.
Reputation and Reliability
ProShares is a well-known issuer of ETFs, particularly known for its leveraged and inverse products. They are generally considered reliable.
Management Expertise
ProShares has a dedicated management team with experience in structured products and ETFs.
Investment Objective
Goal
To track the investment results, before fees and expenses, of the S&P Kensho Global Clean Energy Index.
Investment Approach and Strategy
Strategy: The ETF aims to track a specific index, the S&P Kensho Global Clean Energy Index.
Composition The ETF holds stocks of companies involved in clean technologies.
Market Position
Market Share: CTEX has a moderate market share within the cleantech ETF segment.
Total Net Assets (AUM): 48510000
Competitors
Key Competitors
- ICLN
- TAN
- QCLN
Competitive Landscape
The cleantech ETF industry is competitive, with ICLN being the dominant player. CTEX offers a different approach via the S&P Kensho Global Clean Energy Index, focusing on innovation. A disadvantage of CTEX may be its smaller AUM compared to ICLN and TAN, potentially impacting liquidity.
Financial Performance
Historical Performance: Historical performance data for CTEX needs to be pulled from financial data providers, as it's time sensitive. Assume that data is available.
Benchmark Comparison: The ETF's performance should be compared to the S&P Kensho Global Clean Energy Index.
Expense Ratio: 0.58
Liquidity
Average Trading Volume
The average trading volume reflects moderate liquidity, implying that large trades may impact pricing.
Bid-Ask Spread
The bid-ask spread typically reflects a moderate cost of trading, which might slightly increase during volatile market conditions.
Market Dynamics
Market Environment Factors
Government policies, technological advancements, and global demand for clean energy significantly affect CTEX. Economic indicators like interest rates can impact growth-oriented cleantech companies.
Growth Trajectory
CTEX's growth depends on the adoption of clean energy technologies, which are influenced by policy changes and consumer demand. Changes in holdings would reflect the index methodology responding to industry innovation.
Moat and Competitive Advantages
Competitive Edge
CTEX's competitive advantage lies in its index, the S&P Kensho Global Clean Energy Index, which focuses on innovative clean technology companies. This differentiates it from broader clean energy ETFs. It may appeal to investors looking for more specific exposure to future-oriented companies in cleantech.
Risk Analysis
Volatility
CTEX's volatility is expected to be high due to the growth-oriented nature of clean technology companies and the sector's sensitivity to policy changes.
Market Risk
CTEX faces market risk associated with the performance of clean technology stocks, which can be volatile and susceptible to economic downturns and changes in government regulations.
Investor Profile
Ideal Investor Profile
The ideal investor for CTEX is someone who believes in the long-term growth potential of clean energy technologies and is comfortable with moderate to high volatility. They understand the risks associated with investing in a specific sector.
Market Risk
CTEX is more suitable for long-term investors with a higher risk tolerance, rather than active traders, seeking exposure to specific trends.
Summary
ProShares S&P Kensho Cleantech ETF (CTEX) tracks the S&P Kensho Global Clean Energy Index, focusing on innovative clean technology companies. Its advantage lies in its targeted exposure, offering a distinct approach compared to broader clean energy ETFs. High Volatility and moderate AUM should be considered. It suits long-term investors believing in the growth of clean technology, with a higher risk tolerance.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ProShares Official Website
- ETFdb.com
- Yahoo Finance
- Morningstar
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market data is dynamic and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares S&P Kensho Cleantech ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of U.S.-listed companies focused on building the technologies or products that enable the generation of clean energy, such as solar, wind, geothermal, hydrogen, and hydroelectric. The fund will invest in all of the component securities of the index in approximately the same proportion as the index. It is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.