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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 data refinement, giving investors concentrated exposure to a growing technology niche.
Strong Performers Among Top Holdings
Some of the largest positions, such as InterDigital, Confluent, and MicroStrategy, have shown positive year-to-date performance, helping offset weaker names in the portfolio.
Pure Technology Tilt
With the vast majority of assets in technology-related stocks, the fund offers a focused way to invest in tech-driven growth rather than being spread across many unrelated sectors.
Negative Factors
Recent Weak Performance
The ETF has delivered negative returns over the past month, three months, and year-to-date, signaling recent headwinds for its strategy.
High Concentration in Tech and the U.S.
Most of the fund is invested in U.S. technology companies, which increases vulnerability to downturns in that sector and market.
Relatively High Expense Ratio for a Small Fund
The fund’s fee is on the higher side for an ETF and assets under management are still small, which can make it a less cost-efficient choice for long-term investors.
DAT vs. SPDR S&P 500 ETF (SPY)
AUM5.97M
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. Volume1,103
30 Day Avg. Volume2,235
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
61.23Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering28
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DAT Summary
ProShares Big Data Refiners ETF (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 MongoDB and Teradata. An investor might choose this ETF to seek growth from the long-term trend of businesses relying more on data and software, while getting a basket of different data-focused companies instead of picking single stocks. A key risk is that it is heavily concentrated in tech, so its price can swing sharply with changes in the technology sector.
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 a pure play on big data and AI, with almost everything riding on tech names that turn raw information into insight. Confluent has been one of the fund’s bright spots lately, helping to pull returns higher alongside a rising Teradata and a steady InterDigital. On the other side, MongoDB and Elastic have been losing steam, and CommVault’s slide hasn’t helped, either. The portfolio is globally diversified but thematically narrow, so investors are really betting on a concentrated group of data and cloud software specialists.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Confluent | 6.87% | $402.70K | $10.89B | 2.90% | 72 Outperform | |
| NICE | 5.31% | $311.25K | $6.62B | -35.95% | 71 Outperform | |
| Teradata | 4.93% | $288.62K | $2.66B | -10.62% | 68 Neutral | |
| InterDigital | 4.79% | $280.41K | $8.40B | 78.40% | 76 Outperform | |
| MongoDB | 4.72% | $276.64K | $30.22B | 35.86% | 75 Outperform | |
| Zebra Tech | 4.62% | $270.70K | $11.90B | -40.05% | 72 Outperform | |
| Elastic | 4.60% | $269.39K | $6.95B | -41.44% | 65 Neutral | |
| Dynatrace | 4.46% | $261.45K | $11.48B | -34.04% | 77 Outperform | |
| Datadog | 4.45% | $260.58K | $45.35B | -9.38% | 69 Neutral | |
| Snowflake | 4.39% | $257.06K | $65.94B | 6.16% | 54 Neutral |
DAT Technical Analysis
Negative
―
Price Trends
44.42
Negative
46.09
Negative
45.30
Negative
Market Momentum
-1.35
Positive
23.70
Positive
3.55
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DAT, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 43.34, equal to the 50-day MA of 44.42, and equal to the 200-day MA of 45.30, indicating a bearish trend. The MACD of -1.35 indicates Positive momentum. The RSI at 23.70 is Positive, neither overbought nor oversold. The STOCH value of 3.55 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DAT.
DAT Peer Comparison
Comparison Results
Performance Comparison
DAT
ProShares Big Data Refiners ETF
39.00
-7.16
-15.51%
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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GGTL
Gabelli Global Technology Leaders 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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