ProShares S&P Kensho Smart Factories ETF logo

ProShares S&P Kensho Smart Factories ETF (MAKX)

Market Open
12 Aug, 19:31
ARCA ARCA
$
71. 46
+0.49
+0.6904%
$
1.52M Market Cap
0.08% Div Yield
217 Volume
$ 70.97
Previous Close
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Day Range
71.18 71.7
Year Range
46.88 75.53
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MAKX: Beware Of Thematic ETFs

MAKX: Beware Of Thematic ETFs

MAKX, a thematic ETF focused on manufacturing automation, has low assets and liquidity, posing a high risk of discontinuation. MAKX and its peers' poor track record highlights the pitfalls of thematic ETFs, which often fail to translate trends into profitable investments. Investing in well-managed manufacturing companies with automation projects is a better strategy than thematic ETFs like MAKX, which focus on infrastructure suppliers.

Seekingalpha | 1 year ago