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DAT - ETF AI Analysis
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ProShares Big Data Refiners ETF (DAT)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Palantir and InterDigital, have delivered strong year-to-date performance, supporting the ETF’s overall gains.
Technology Focus
The ETF’s heavy exposure to the technology sector positions it to benefit from growth in innovative industries.
Healthy Year-to-Date Performance
The fund has shown solid year-to-date returns, indicating resilience in its portfolio.
Negative Factors
High Sector Concentration
With over 92% of assets in technology, the ETF is highly exposed to risks specific to this sector.
Underperforming Holdings
Several top holdings, such as Zebra Tech and Confluent, have lagged in performance, which could weigh on future returns.
High Expense Ratio
The ETF charges a relatively high expense ratio compared to other funds, which could reduce overall investor returns.
DAT vs. SPDR S&P 500 ETF (SPY)
AUM7.05M
RegionGlobal
Expense Ratio0.58%
Beta1.35
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. Volume1,868
30 Day Avg. Volume2,793
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
60.83Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering28
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DAT Summary
The ProShares Big Data Refiners ETF (Ticker: DAT) is an investment fund that focuses on companies in the Information Technology sector, specifically those specializing in big data analytics, cloud computing, and artificial intelligence. It follows the FactSet Big Data Refiners Index and includes well-known companies like Palantir Technologies and Snowflake. This ETF is ideal for investors who want to tap into the growing importance of data-driven innovation and diversify their portfolio with cutting-edge tech firms. However, it’s important to note that the ETF is heavily dependent on the technology sector, which can be volatile and sensitive to market changes.
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
The ProShares Big Data Refiners ETF is heavily concentrated in the technology sector, with a clear focus on companies driving innovation in data analytics and AI. MongoDB and Datadog are steady performers, benefiting from strong revenue growth and strategic positioning, while Snowflake’s rising momentum is tempered by valuation concerns. On the flip side, Palantir and Zebra Technologies are lagging, with bearish technical indicators and operational challenges dragging the fund’s performance. With its global exposure, this ETF is a bet on the transformative power of big data, though some holdings are struggling to keep pace.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| MongoDB | 9.21% | $639.39K | $34.10B | 56.82% | 75 Outperform | |
| InterDigital | 7.54% | $523.63K | $9.12B | 82.28% | 76 Outperform | |
| Palantir Technologies | 6.96% | $482.97K | $437.53B | 141.32% | 74 Outperform | |
| Confluent | 5.97% | $414.45K | $10.61B | -1.44% | 72 Outperform | |
| Datadog | 5.78% | $401.50K | $51.20B | -4.59% | 69 Neutral | |
| Snowflake | 5.00% | $347.38K | $74.58B | 29.98% | 54 Neutral | |
| Zebra Tech | 4.40% | $305.43K | $13.60B | -33.50% | 71 Outperform | |
| Elastic | 4.27% | $296.77K | $8.04B | -26.66% | 65 Neutral | |
| Teradata | 4.08% | $283.08K | $2.92B | -3.10% | 68 Neutral | |
| Dynatrace | 4.05% | $281.26K | $13.88B | -15.38% | 77 Outperform |
DAT Technical Analysis
Positive
―
Price Trends
46.54
Negative
46.48
Negative
44.59
Positive
Market Momentum
0.08
Negative
53.72
Neutral
83.18
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DAT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 44.75, equal to the 50-day MA of 46.54, and equal to the 200-day MA of 44.59, indicating a neutral trend. The MACD of 0.08 indicates Negative momentum. The RSI at 53.72 is Neutral, neither overbought nor oversold. The STOCH value of 83.18 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DAT.
DAT Peer Comparison
Comparison Results
Performance Comparison
DAT
ProShares Big Data Refiners ETF
46.28
-0.72
-1.53%
SPTE
SP Funds S&P Global Technology ETF
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TEK
iShares Technology Opportunities Active ETF
―
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WQTM
WisdomTree Quantum Computing Fund
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―
CHPX
Global X AI Semiconductor & Quantum 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.
Disclaimer
This 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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