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ETFs

ProShares Online Retail ETF

ONLN
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jul 13, 2018
Expense Ratio
0.58%
Type
Global Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$299,061
AUM
$88,757,780
Associated Index
ProShares Online Retail Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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WSM
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W
Wayfair Inc - Ordinary Shares - Class A
3.94%
ETSY
Etsy Inc
3.78%
Invest with ONLN
Trade ONLN Options

What is ONLN?

ProShares Online Retail ETF seeks investment results, before fees and expenses, that track the performance of the ProShares Online Retail Index. The ProShares Online Retail Index is a specialized retail index that tracks retailers that principally sell online or through other non-store channels. The index uses a modified market-capitalization weighted approach, is rebalanced monthly and is reconstituted annually. Retailers may include U.S. and non-U.S. companies.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

ONLN
Performance Measures**

for the time period Jul 16, 2018 to Dec 4, 2025

Returns

1M Trailing Return: 1.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 3.3%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -71.8%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 32.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.34

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.08

The annualized return divided by the max drawdown for the selected time period.

ETFs related toONLN

ETFs correlated to ONLN include IBUY, XAUG, PNQI

ONLN
ProShares Trust - ProShares Online Retail ETF
IBUY
Amplify ETF Trust - Amplify Online Retail ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
PNQI
Invesco Capital Management LLC - Invesco NASDAQ Internet ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
IPO
Renaissance Capital Greenwich Funds - Renaissance IPO ETF
VCR
Vanguard Group, Inc. - Vanguard Consumer Discretionary ETF
IYC
BlackRock Institutional Trust Company N.A. - iShares U.S. Consumer Discretionary ETF
FDIS
Fidelity Covington Trust - Fidelity MSCI Consumer Discretionary Index ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

ONLN is a Global Equities ETF. ProShares Online Retail ETF seeks investment results, before fees and expenses, that track the performance of the ProShares Online Retail Index. The ProShares Online Retail Index is a specialized retail index that tracks retailers that principally sell online or through other non-store channels. The index uses a modified market-capitalization weighted approach, is rebalanced monthly and is reconstituted annually. Retailers may include U.S. and non-U.S. companies.

ONLN tracks the ProShares Online Retail Index.

No, ONLN is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ONLN is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ONLN is -0.0277%. This is the percent change in the value of ONLN over the most recent 1-month period. The 3-month return on ONLN is -0.0202%. This is the percent change in the value of ONLN over the most recent 3-month period.

The standard deviation of ONLN for the past year is 0.3673%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ONLN include IXJ, SMH, and URA.

ETFs correlated to ONLN include IBUY, XAUG, and PNQI.

ETFs that are inversely correlated to ONLN include WEBS, SARK, and HIBS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.