The ProShares S&P Kensho Smart Factories ETF, trading under the ticker MAKX, is a cutting-edge investment vehicle designed to offer exposure to the innovative landscape of smart manufacturing. As a sector-focused fund, MAKX zeroes in on the industrials category, specifically targeting the rapidly evolving niche of smart factories. These are manufacturing units that leverage advanced technologies such as artificial intelligence, robotics, and the Internet of Things (IoT) to enhance efficiency, precision, and scalability in production processes.
By investing in MAKX, shareholders gain access to a diversified portfolio of companies at the forefront of industrial innovation. These firms are pioneering the transformation of traditional manufacturing practices into agile, data-driven operations capable of meeting the dynamic demands of the modern market. The ETF is particularly appealing to investors looking to capitalize on the growing significance of automation and digitalization within the industrial sector, as well as those seeking to diversify their portfolios with exposure to next-generation manufacturing solutions.
This ETF harnesses the power of the S&P Kensho New Economy Indexes, which identify companies driving the future economy through groundbreaking technologies. As industries worldwide pivot towards more intelligent and connected factory environments, MAKX positions itself as a strategic investment to capture growth opportunities within this burgeoning sector.
ProShares S&P Kensho Smart Factories ETF (MAKX) Fund Flow Chart
ProShares S&P Kensho Smart Factories ETF (MAKX) 1 year Net Flows: -$4
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.