Decline of the Retail Store ETF  - EMTY Decline of the Retail Store ETF

ProShares Decline of the Retail Store ETF seeks capital appreciation from the decline of bricks-and-mortar retailers through short exposure (-1x) to the Solactive-ProShares Bricks and Mortar Retail Store Index.

  • EMTY is the first ETF specifically designed to benefit from the decline of bricks-and-mortar retailers.
  • Physical retailers are under immense pressure. E-commerce is threatening to take over retail as consumer habits change, shopping moves online, and physical stores struggle to remain viable. With this disruption comes opportunity.
  • The Solactive-ProShares Bricks and Mortar Retail Store Index is the first comprehensive, public securities index composed solely of traditional retailers, and is positioned to potentially become an industry standard for measuring the health of bricks and mortar retailers.

This ProShares ETF seeks a return that is -1x the return of the index (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, the fund’s returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. Investors should monitor their holdings consistent with their strategies, as frequently as daily. For more on correlation, leverage and other risks, please read the prospectus.

  • Learn More about ProShares Retail Disruption ETFs.
  • Watch The Street interview with Simeon Hyman for more about the secular decline of bricks-and-mortar retailers.

Index/Benchmark Summary

To be included in the Solactive-ProShares Bricks and Mortar Retail Store Index, a retailer must be characterized as receiving at least 50% of its revenue from retail operations; receive 75% or more of its retail revenues from in-store sales; and be a U.S. company. In addition, a retailer must have a market capitalization of at least $500 million, a six-month daily average value traded of at least $1 million, and meet other requirements. The index is rebalanced monthly and reconstituted annually.

Click here to learn more about the index.

Fundamentals as of 6/29/18

Total Number of Companies 56
Price/Earnings Ratio 41.88
Price/Book Ratio 4.48
Average Index Market Capitalization $19.67 billion

Index Holdings Information as of 6/29/18

Index Companies Weight
DICKS SPORTING GOODS INC 1.79%
WEIS MARKETS INC 1.79%
CHILDRENS PLACE INC/THE 1.79%
SHERWIN-WILLIAMS CO 1.79%
SIGNET JEWELERS LTD 1.79%
CATO CORP-CLASS A 1.79%
BIG LOTS 1.79%
FIVE BELOW INC 1.79%
EXPRESS 1.79%
SPROUTS FARMERS MARKET INC 1.79%
ETHAN ALLEN INTERIORS INC 1.79%
COSTCO WHOLESALE CORP 1.79%
ULTA SALON COSMETICS & FRAGRANCE INC. 1.79%
GAMESTOP CORP 1.79%
HOME DEPOT INC 1.79%
DOLLAR GENERAL CORP 1.79%
OLLIES BARGAIN OUTLET HOLDI 1.79%
SALLY BEAUTY HOLDINGS INC 1.79%
DOLLAR TREE 1.79%
CHICOS FAS INC 1.79%
BEST BUY CO INC 1.79%
TAPESTRY INC 1.79%
ZUMIEZ INC 1.79%
CALERES INC 1.79%
RITE AID CORP 1.79%
TARGET CORP 1.79%
BURLINGTON STORES INC 1.79%
GAP INC/THE 1.79%
L BRANDS INC 1.79%
WALGREENS BOOTS ALLIANCE INC 1.79%
CONNS INC 1.79%
MICHAELS COS INC/THE 1.79%
O REILLY AUTOMOTIVE INC 1.79%
WALMART INC 1.79%
TJX COMPANIES INC 1.79%
GENESCO INC 1.79%
TRACTOR SUPPLY COMPANY 1.79%
AUTOZONE INC 1.79%
KROGER CO 1.79%
J.C. PENNEY CO INC 1.79%
FOOT LOCKER INC 1.79%
MACYS INC 1.79%
NORDSTROM INC 1.79%
BUCKLE INC/THE 1.79%
TIFFANY & CO 1.79%
LOWES COS INC 1.79%
ROSS STORES 1.79%
TAILORED BRANDS INC 1.79%
KOHLS CORP 1.79%
BED BATH & BEYOND INC 1.79%
LUMBER LIQUIDATORS HOLDINGS 1.79%
ASCENA RETAIL GROUP 1.79%
DILLARDS INC-CL A 1.79%
AMERICAN EAGLE OUT INC 1.79%
OFFICE DEPOT INC 1.79%
DSW INC-CLASS A 1.79%

ProShares may invest in financial instruments (including derivatives) that, in combination, should have similar daily price return characteristics to the fund's benchmark.

Index Sector Weightings § Weight
Apparel Retail 31.82%
Specialty Stores 16.12%
General Merchandise Stores 9.11%
Department Stores 8.98%
Food Retail 5.39%
Home Improvement Retail 5.37%
Computer & Electronics Retail 5.34%
Hypermarkets & Super Centers 3.66%
Automotive Retail 3.61%
Drug Retail 3.28%
Show All

§ Sum of weightings may not equal 100% due to rounding.