DAT - ETF AI Analysis
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ProShares Big Data Refiners ETF (DAT)
Rating:66Neutral
Price Target:―
Positive Factors
Focused Big Data Theme
The ETF targets companies involved in big data and analytics, giving investors concentrated exposure to a growing technology niche.
Strong Performance From Key Holding
InterDigital, one of the largest positions, has shown strong gains this year, helping support the fund’s overall results.
Clear Sector Focus
With most assets in technology-related stocks, the fund offers a straightforward way to invest in data-driven tech businesses.
Negative Factors
Weak Recent Performance
The ETF has delivered negative returns so far this year and over the past three months, signaling recent performance challenges.
High Concentration in Top Holdings
A small group of stocks makes up a large share of the portfolio, which increases the impact if any of these companies struggle.
Higher Expense Ratio
The fund’s fee is on the higher side for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
DAT vs. SPDR S&P 500 ETF (SPY)
AUM5.21M
RegionGlobal
Expense Ratio0.58%
Beta1.30
IssuerProShares
Inception DateSep 29, 2021
Dividend YieldN/A
Asset ClassEquity
Index TrackedFactSet Big Data Refiners Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,574
30 Day Avg. Volume2,279
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
53.60Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering27
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DAT Summary
ProShares Big Data Refiners ETF (ticker: DAT) tracks the FactSet Big Data Refiners Index, focusing on U.S.-heavy technology companies that turn huge amounts of data into useful information. It holds firms involved in data analytics, cloud computing, and artificial intelligence, including well-known names like Datadog and Palantir Technologies. An investor might choose this ETF to seek growth from the long-term trend of businesses relying more on data and software tools, while getting diversification across many data-focused companies. However, it is heavily concentrated in tech stocks, so its price can be quite volatile and may fall sharply if the tech sector struggles.
How much will it cost me?The ProShares Big Data Refiners ETF (Ticker: DAT) has an expense ratio of 0.58%, which means you’ll pay $5.80 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a specialized niche within the Information Technology sector, requiring more research and management effort.
What would affect this ETF?The ProShares Big Data Refiners ETF could benefit from the growing demand for data analytics, cloud computing, and artificial intelligence as businesses increasingly rely on these technologies to drive innovation and efficiency. However, the ETF may face challenges from rising interest rates, which can impact the valuation of technology companies, and potential regulatory scrutiny on data privacy and usage, which could affect its top holdings like MongoDB and Palantir Technologies.
DAT Top 10 Holdings
DAT is heavily tilted toward big-data and AI software names, with a global tech flavor and little exposure outside information technology. Innodata and Datadog are the fund’s star coders right now, rising on strong growth and AI buzz, giving the ETF much of its current spark. Teradata and Nutanix are more steady contributors, helping but not stealing the show. On the flip side, Nice and InterDigital have been lagging, acting like a bit of sand in the fund’s gears and slightly offsetting the strength from the leaders.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Datadog | 7.99% | $418.19K | $83.38B | 90.87% | 69 Neutral | |
| Innodata | 5.85% | $306.43K | $3.44B | 157.46% | 67 Neutral | |
| Teradata | 5.76% | $301.49K | $3.09B | 53.85% | 68 Neutral | |
| CommVault Systems | 5.56% | $290.91K | $5.23B | -30.80% | 65 Neutral | |
| Nutanix | 5.49% | $287.08K | $13.30B | -31.64% | 62 Neutral | |
| Snowflake | 5.36% | $280.27K | $83.32B | 11.82% | 54 Neutral | |
| Dynatrace | 4.83% | $252.57K | $11.77B | -23.16% | 77 Outperform | |
| Zebra Tech | 4.54% | $237.56K | $10.60B | -19.46% | 72 Outperform | |
| MongoDB | 4.41% | $230.70K | $28.51B | 66.71% | 75 Outperform | |
| Nice | 4.30% | $225.06K | ₪15.04B | -59.38% | 73 Outperform |
DAT Technical Analysis
Neutral
―
Price Trends
38.66
Positive
37.92
Positive
42.20
Negative
Market Momentum
1.02
Positive
51.72
Neutral
9.36
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DAT, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 42.28, equal to the 50-day MA of 38.66, and equal to the 200-day MA of 42.20, indicating a neutral trend. The MACD of 1.02 indicates Positive momentum. The RSI at 51.72 is Neutral, neither overbought nor oversold. The STOCH value of 9.36 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DAT.
DAT Peer Comparison
Comparison Results
Performance Comparison
DAT
ProShares Big Data Refiners ETF
41.70
-3.60
-7.95%
CHPS
Xtrackers Semiconductor Select Equity ETF
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BCFN
Baron Financials ETF
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NBET
Neuberger Berman Energy Transition & Infrastructure Etf
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FMED
Fidelity Disruptive Medicine ETF
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XDAT
Franklin Exponential Data ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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