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
SIGNET JEWELERS LTD 1.79%
KROGER CO 1.79%
DOLLAR GENERAL CORP 1.79%
GENESCO INC 1.79%
RITE AID CORP 1.79%
GAMESTOP CORP 1.79%
ASCENA RETAIL GROUP 1.79%
CHICOS FAS INC 1.79%
CHILDRENS PLACE INC/THE 1.79%
OFFICE DEPOT INC 1.79%
DICKS SPORTING GOODS INC 1.79%
BURLINGTON STORES INC 1.79%
TRACTOR SUPPLY COMPANY 1.79%
WALMART INC 1.79%
KOHLS CORP 1.79%
GAP INC/THE 1.79%
ULTA SALON COSMETICS & FRAGRANCE INC. 1.79%
DOLLAR TREE 1.79%
TAILORED BRANDS INC 1.79%
SPROUTS FARMERS MARKET INC 1.79%
TIFFANY & CO 1.79%
SALLY BEAUTY HOLDINGS INC 1.79%
BUCKLE INC/THE 1.79%
DILLARDS INC-CL A 1.79%
BEST BUY CO INC 1.79%
BED BATH & BEYOND INC 1.79%
LOWES COS INC 1.79%
L BRANDS INC 1.79%
CATO CORP-CLASS A 1.79%
ETHAN ALLEN INTERIORS INC 1.79%
CALERES INC 1.79%
EXPRESS 1.79%
LUMBER LIQUIDATORS HOLDINGS 1.79%
FOOT LOCKER INC 1.79%
COSTCO WHOLESALE CORP 1.79%
TARGET CORP 1.79%
TAPESTRY INC 1.79%
WEIS MARKETS INC 1.79%
CONNS INC 1.79%
MACYS INC 1.79%
WALGREENS BOOTS ALLIANCE INC 1.79%
MICHAELS COS INC/THE 1.79%
DSW INC-CLASS A 1.79%
TJX COMPANIES INC 1.79%
FIVE BELOW INC 1.79%
HOME DEPOT INC 1.79%
ZUMIEZ INC 1.79%
BIG LOTS 1.79%
AMERICAN EAGLE OUT INC 1.79%
NORDSTROM INC 1.79%
AUTOZONE INC 1.79%
SHERWIN-WILLIAMS CO 1.79%
OLLIES BARGAIN OUTLET HOLDI 1.79%
O REILLY AUTOMOTIVE INC 1.79%
ROSS STORES 1.79%
J.C. PENNEY CO INC 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 Holdings as of 6/29/18

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.