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Morningstar

ProShares S&P Kensho Cleantech ETF CTEX

Morningstar Medalist Rating
Medalist Rating as of | See ProShares Investment Hub

Morningstar’s Analysis CTEX

Will CTEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CTEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CTEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CTEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Despite People Pillar weakness and an Average Process Pillar, ProShares S&P Kensho Cleantech ETF gets enough right to retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings CTEX

More CTEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 43.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cummins Inc

5.15 154,493
Industrials

Generac Holdings Inc

4.69 140,558
Industrials

Enphase Energy Inc

4.47 133,938
Technology

NEXTracker Inc Ordinary Shares - Class A

4.41 132,352
Technology

First Solar Inc

4.41 132,210
Technology

Arcosa Inc

4.12 123,521
Industrials

ADT Inc

4.10 123,107
Industrials

Hyster-Yale Materials Handling Inc Class A

3.95 118,517
Industrials

TPI Composites Inc

3.95 118,456
Industrials

Ormat Technologies Inc

3.89 116,743
Utilities