ProShares Supply Chain Logistics ETF (SUPL)

Overview

The ProShares Supply Chain Logistics ETF (SUPL) seeks investment results that correspond to the performance of the FactSet Supply Chain Logistics Index. It provides exposure to companies involved in various aspects of supply chain logistics, including transportation, warehousing, and related services. The ETF uses a blend of growth and value stocks.

Reputation and Reliability

ProShares is a well-known issuer of leveraged and inverse ETFs, with a strong track record in creating innovative investment products. They are considered reliable but known for more complex strategies.

Management Expertise

ProShares has a dedicated team of portfolio managers and investment professionals with expertise in ETF management and index tracking.

Goal

To seek investment results that correspond to the performance of the FactSet Supply Chain Logistics Index.

Investment Approach and Strategy

Strategy: The ETF tracks the FactSet Supply Chain Logistics Index, which focuses on companies involved in various aspects of supply chain logistics.

Composition The ETF holds stocks of companies in the supply chain logistics sector, including transportation, warehousing, and technology providers.

Market Share: SUPL's market share within the supply chain logistics ETF sector is relatively small compared to broader transportation ETFs.

Total Net Assets (AUM): 17.14

Key Competitors

• iShares Transportation Average ETF (IYT)
• SPDR S&P Transportation ETF (XTN)
• First Trust Nasdaq Transportation ETF (FTXR)

Competitive Landscape

The competitive landscape is dominated by broader transportation ETFs like IYT and XTN. SUPL offers a more focused approach on logistics, which can be an advantage for investors seeking specific supply chain exposure but also makes it a niche player with smaller AUM. The disadvantage is a smaller AUM and focus makes it subject to a higher risk of closure compared to larger ETFs.

Historical Performance: Historical performance data should be obtained from financial data providers (e.g., Yahoo Finance, Bloomberg).

Benchmark Comparison: Comparison against the FactSet Supply Chain Logistics Index would be needed to gauge performance.

Expense Ratio: 0.58

Average Trading Volume

SUPL's average trading volume can vary but is typically lower compared to larger, more established ETFs, indicating lower liquidity.

Bid-Ask Spread

The bid-ask spread for SUPL may be wider than more liquid ETFs, potentially increasing trading costs.

Market Environment Factors

Economic growth, global trade volumes, e-commerce trends, and technological advancements in logistics impact SUPL. Supply chain disruptions and inflationary pressures also play a crucial role.

Growth Trajectory

Growth trends depend on the strength of the global economy and increasing demand for efficient supply chain solutions. Changes in holdings may occur to realign with the FactSet Supply Chain Logistics Index.

Competitive Edge

SUPL's competitive edge lies in its specific focus on the supply chain logistics sector, offering a targeted investment opportunity. This specialization allows investors to gain exposure to companies directly involved in transportation, warehousing, and related services. It may appeal to investors who believe in the long-term growth potential of this sector due to increased e-commerce and global trade. However, this narrow focus also makes it more susceptible to sector-specific risks.

Volatility

SUPL's volatility is influenced by the underlying companies and the overall economic conditions, which should be assessed based on historical data.

Market Risk

Specific risks include economic slowdowns affecting trade volumes, disruptions in global supply chains, and regulatory changes impacting transportation and logistics companies.

Ideal Investor Profile

The ideal investor is someone who is looking for targeted exposure to the supply chain logistics sector and understands the risks associated with a narrow investment focus.

Market Risk

SUPL may be more suitable for active traders or investors with a specific thesis on the supply chain logistics sector rather than passive index followers. It's a more niche fund.

The ProShares Supply Chain Logistics ETF (SUPL) provides focused exposure to the supply chain logistics sector by tracking the FactSet Supply Chain Logistics Index. Its smaller AUM and niche focus make it a higher-risk investment compared to broader transportation ETFs. Ideal investors are those seeking targeted exposure and are comfortable with the sector-specific risks. Performance depends on global trade, economic conditions, and supply chain dynamics and disruptions.

Data Sources:

• ProShares official website
• FactSet
• Yahoo Finance
• Bloomberg

Disclaimers:

The data provided is for informational purposes only and does not constitute investment advice. ETF performance can vary, and past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.