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.

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 12/31/18

Total Number of Companies 56
Average Index Market Capitalization $20.3 billion

Index Holdings Information as of 12/31/18

Index Companies Weight
RITE AID CORP 1.87%
GENESCO INC 1.84%
FIVE BELOW 1.83%
WALMART INC 1.82%
COSTCO WHOLESALE CORP 1.82%
TIFFANY & CO 1.82%
WEIS MARKETS INC 1.81%
FOOT LOCKER INC 1.81%
OFFICE DEPOT INC 1.81%
HOME DEPOT INC 1.81%
DOLLAR GENERAL CORP 1.81%
OLLIE'S BARGAIN OUTLET HOLDI 1.81%
BUCKLE INC/THE 1.81%
DSW INC-CLASS A 1.81%
LOWE'S COS INC 1.81%
SHERWIN-WILLIAMS CO/THE 1.80%
SIGNET JEWELERS LTD 1.80%
WALGREENS BOOTS ALLIANCE INC 1.80%
ETHAN ALLEN INTERIORS INC 1.80%
TRACTOR SUPPLY COMPANY 1.80%
TAILORED BRANDS INC 1.80%
CONN'S INC 1.79%
CATO CORP-CLASS A 1.79%
AUTOZONE INC 1.79%
TJX COMPANIES INC 1.79%
SPROUTS FARMERS MARKET INC 1.79%
DILLARDS INC-CL A 1.79%
TARGET CORP 1.79%
TAPESTRY INC 1.79%
ROSS STORES INC 1.79%
ZUMIEZ INC 1.79%
DOLLAR TREE INC 1.78%
CHICO'S FAS INC 1.78%
MACY'S INC 1.78%
BEST BUY CO INC 1.78%
KROGER CO 1.78%
O'REILLY AUTOMOTIVE INC 1.78%
GAP INC/THE 1.78%
GAMESTOP CORP-CLASS A 1.77%
BIG LOTS INC 1.77%
BED BATH & BEYOND INC 1.77%
ULTA BEAUTY INC 1.77%
KOHLS CORP 1.77%
MICHAELS COS INC/THE 1.77%
DICK'S SPORTING GOODS INC 1.77%
CALERES INC 1.77%
BURLINGTON STORES INC 1.77%
NORDSTROM INC 1.76%
LUMBER LIQUIDATORS HOLDINGS 1.76%
SALLY BEAUTY HOLDINGS INC 1.76%
J.C. PENNEY CO INC 1.76%
AMERICAN EAGLE OUTFITTERS 1.75%
L BRANDS INC 1.74%
CHILDREN'S PLACE INC/THE 1.73%
ASCENA RETAIL GROUP INC 1.71%
EXPRESS INC 1.69%

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

Index Holdings as of 12/31/18

Index Sector Weightings § Weight
Apparel Retail 31.94%
Specialty Stores 16.11%
General Merchandise Stores 8.96%
Department Stores 8.85%
Food Retail 5.38%
Home Improvement Retail 5.38%
Computer & Electronics Retail 5.35%
Drug Retail 3.67%
Hypermarkets & Super Centers 3.64%
Automotive Retail 3.57%
Show All

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