Key stats
About ProShares Trust ProShares S&P Global Core Battery Metals ETF
Home page
Inception date
Nov 29, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ION is a passively managed ETF that provides exposure to companies engaged in the mining of metals used in battery production. The portfolio is comprised of stocks and depositary receipts that had positive total revenue and production value (dollar market value) from the mining of lithium, nickel, and cobalt during the prior year. Companies could be of any market capitalization from both developed and emerging countries. Using a mathematical approach, the fund determines the type, quantity, and mix of investment positions that are expected to produce returns. Weighting is set to each securitys ranking based on production-value-to-revenue ratio divided by the sum of all ranks. A basket liquidity maximum weight is calculated to determine security capping, with excess amounts redistributed across the portfolio. The index is reweighted quarterly in January, April, July, and October, with annual reconstitution every July.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Process Industries
Stocks99.61%
Non-Energy Minerals71.68%
Process Industries15.80%
Producer Manufacturing6.19%
Distribution Services4.55%
Retail Trade0.87%
Industrial Services0.53%
Bonds, Cash & Other0.39%
Cash0.39%
Stock breakdown by region
Asia47.20%
Oceania18.50%
Europe10.79%
Africa9.69%
North America9.37%
Latin America4.44%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ION invests in stocks. The fund's major sectors are Non-Energy Minerals, with 71.68% stocks, and Process Industries, with 15.80% of the basket. The assets are mostly located in the Asia region.
ION top holdings are PT Vale Indonesia Tbk and PT Aneka Tambang Tbk, occupying 5.37% and 4.41% of the portfolio correspondingly.
ION last dividends amounted to 0.02 USD. The quarter before, the issuer paid 0.07 USD in dividends, which shows a 252.00% decrease.
ION assets under management is 2.91 M USD. It's risen 5.47% over the last month.
ION fund flows account for 699.47 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ION pays dividends to its holders with the dividend yield of 1.54%. The last dividend (Apr 1, 2025) amounted to 0.02 USD. The dividends are paid quarterly.
ION shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Nov 29, 2022, and its management style is Passive.
ION expense ratio is 0.58% meaning you'd have to pay 0.58% of your investment to help manage the fund.
ION follows the S&P Global Core Battery Metals Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ION invests in stocks.
ION price has risen by 3.19% over the last month, and its yearly performance shows a −1.30% decrease. See more dynamics on ION price chart.
NAV returns, another gauge of an ETF dynamics, showed a 4.84% increase in three-month performance and has decreased by −1.68% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 4.84% increase in three-month performance and has decreased by −1.68% in a year.
ION trades at a premium (0.89%) meaning the ETF is trading at a higher price than the calculated NAV.