ALTS
ProShares Morningstar Alternatives Solution ETF

Price: $39.29
Change: $0.1 (0.0%)
Category: Long-Short
Last Updated:

Vitals

Issuer ProShares
Brand ProShares
Structure ETF
Expense Ratio 0.95%
ETF Home Page Home page
Inception Oct 08, 2014

Analyst Report

Pending

Download the FactSet Analyst Insight Report here.

ETF Database Themes

Category Long-Short
Asset Class Alternatives
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

  • Segment Alternatives: Absolute Returns
  • Category Absolute Returns
  • Focus Global Macro
  • Niche Tactical Asset Allocation
  • Strategy Technical
  • Weighting Scheme Technical

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $32.00
  • 52 Week Hi $39.45
  • AUM $9.8 M
  • Shares 0.3 M

Historical Trading Data

  • 1 Month Avg. Volume 626
  • 3 Month Avg. Volume 777

Alternative ETFs in the ETF Database Long-Short Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest CSM 0.46% $498.7 M 7,050 24.93%
Largest (AUM) QAI 0.79% $816.8 M 68,802 0.75%
Most Liquid (Volume) XYLD 0.60% $634.2 M 172,779 16.65%
Top YTD Performer CSM 0.46% $498.7 M 7,050 24.93%

Alternative ETFs in the FactSet Alternatives: Absolute Returns Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest CPI 0.38% $55.1 M 4,852 0.77%
Largest (AUM) RPAR 0.51% $1.5 B 153,002 5.47%
Most Liquid (Volume) RPAR 0.51% $1.5 B 153,002 5.47%
Top YTD Performer RLY 0.50% $162.5 M 27,989 24.16%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

ALTS ETF Database Category Average FactSet Segment Average
Number of Holdings 8 250 117
% of Assets in Top 10 99.99% 67.29% 71.20%
% of Assets in Top 15 99.99% 74.31% 79.07%
% of Assets in Top 50 99.99% 88.54% 94.83%

Size Comparison

ALTS ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A 14.62% 2.27%
Mid (>2.7B) N/A 2.71% 0.11%
Small (>600M) N/A 1.61% 0.00%
Micro (<600M) N/A 0.11% 0.00%

ALTS Valuation

This section compares the P/E ratio of this ETF to its peers.

ALTS
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
15.78
FactSet Segment Average
P/E Ratio
15.16

ALTS Dividend

This section compares the dividend yield of this ETF to its peers.

ALTS ETF Database Category Average FactSet Segment Average
Dividend $ 0.35 $ 0.24 $ 0.37
Dividend Date 2021-10-01 N/A N/A
Annual Dividend Rate $ 0.98 $ 0.69 $ 0.55
Annual Dividend Yield 2.51% 2.00% 1.95%

ALTS Price and Volume Chart

ALTS Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: 390.68 K 6 Month Net Flows: 390.68 K 1 Year Net Flows: 1.91 M 3 Year Net Flows: 1.93 M 5 Year Net Flows: -10.39 M 10 Year Net Flows: 704.86 K

ALTS Price vs Flows AUM Influence

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for ALTS on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Long-Short with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity n/a n/a
Expenses C+ n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

ALTS Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

ALTS
Expense Ratio
0.95%
ETF Database Category Average
Expense Ratio
1.06%
FactSet Segment Average
Expense Ratio
1.01%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

ALTS does not have an ESG score. There are no ESG themes that map to this ETF.

ALTS Performance

This section shows how this ETF has performed relative to its peers.

ALTS ETF Database
Category Average
Factset Segment
Average
1 Month Return 2.21% 1.93% 2.21%
3 Month Return 2.78% 1.80% 2.41%
YTD Return 9.50% 6.89% 7.39%
1 Year Return 14.43% 8.48% 10.93%
3 Year Return 12.11% 15.03% 10.96%
5 Year Return 15.76% 19.81% 12.58%

Geographic Exposure

The following charts reflect the geographic spread of ALTS's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of ALTS's underlying holdings.

ALTS Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility
6.30%
Rank
21 of 21

20 Day Volatility
5.37%
Rank
18 of 21

50 Day Volatility
5.90%
Rank
17 of 21

200 Day Volatility
6.17%
Rank
17 of 21

Beta
0.36
Rank
10 of 21

Standard Deviation
1.48%
Rank
8 of 18

Technicals

  • 20 Day MA $38.85
  • 60 Day MA $38.77
  • MACD 15 Period 0.36
  • MACD 100 Period 0.49
  • Williams % Range 10 Day 3.41
  • Williams % Range 20 Day 2.95
  • RSI 10 Day 65
  • RSI 20 Day 60
  • RSI 30 Day 57
  • Ultimate Oscillator 65

Bollinger Bands

  • Lower Bollinger (10 Day) $38.68
  • Upper Bollinger (10 Day) $39.43
  • Lower Bollinger (20 Day) $38.33
  • Upper Bollinger (20 Day) $39.36
  • Lower Bollinger (30 Day) $38.28
  • Upper Bollinger (30 Day) $39.28

Support & Resistance

  • Support Level 1 $39.29
  • Support Level 2 $39.29
  • Resistance Level 1 $39.29
  • Resistance Level 2 $39.29

Stochastic

  • Stochastic Oscillator %D (1 Day) 38.19
  • Stochastic Oscillator %D (5 Day) 86.27
  • Stochastic Oscillator %K (1 Day) 41.25
  • Stochastic Oscillator %K (5 Day) 85.23

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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