# MAKX (ProShares S&P Kensho Smart Factories ETF)

ProShares · Thematic ETFs · data as of Sep 11, 2026

MAKX holds 24 stocks, and 65% of its weight is outside the S&P 500.

## Key facts

- MAKX, already in the S&P 500: 35.1%, as of Sep 11, 2026.
- MAKX, active share vs the S&P 500: 95.5%, as of Sep 11, 2026.
- MAKX, top ten holdings: 57.6%, as of Sep 11, 2026.
- MAKX, total return, 1 year: +28.4%, as of Sep 11, 2026.
- MAKX, net assets: $5m (SEC filing, whole fund, as filed for May 31, 2026).
- MAKX, expense ratio: 0.58% (485BPOS XBRL, Sep 23, 2025).

## MAKX over each window to Sep 11, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −5.7% | +3.3% | −9.0 pts | −4.9 pts |
| 6 months | +26.1% | +16.0% | +10.1 pts | +5.4 pts |
| 1 year | +28.4% | +17.5% | +10.9 pts | +5.5 pts |
| 3 years | +94.4% | +77.9% | +16.5 pts | −0.7 pts |
| Since launch | +66.7% | +90.0% | −23.2 pts | −38.8 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Reshoring and manufacturing | ETFIQ, editorial |
| Launched | Sep 30, 2021 | ETFIQ |
| Already in the S&P 500, by weight | 35.1% | ETFIQ |
| Active share vs the S&P 500 | 95.5% | ETFIQ |
| Already in the Nasdaq-100, by weight | 14.5% | ETFIQ |
| Active share vs the Nasdaq-100 | 94.7% | ETFIQ |
| Top ten holdings weight | 57.6% | ETFIQ |
| Holdings | 24 | ETFIQ |
| Holdings as of | May 31, 2026 | SEC N-PORT |
| Top holdings | Ouster, Inc. 8.9%, 3D Systems Corp. 7.4%, Cognex Corp. 6.0%, Ambiq Micro, Inc. 5.8%, SK Telecom Co. Ltd. 5.8%, Rockwell Automation, Inc. 5.6%, Emerson Electric Co. 5.5%, Autodesk, Inc. 5.4%, Tower Semiconductor Ltd. 3.6%, CEVA, Inc. 3.5% | ETFIQ |
| Net assets | $5m | SEC filing, whole fund, as filed for May 31, 2026 |
| Below its all-time high | −12.2% | ETFIQ |
| Expense ratio | 0.58% | 485BPOS XBRL, Sep 23, 2025 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.61% | ETFIQ |
| Closest funds by holdings overlap | IBOT 20%, BULD 20%, RSHO 13%, CABZ 13%, WDRN 10% | ETFIQ |

## Questions

### How much of MAKX is in S&P 500 companies?

By its holdings filed for May 31, 2026, 35% of MAKX by weight is stocks the S&P 500 already holds. Its active share against the index is 96%, so that share is the part doing something different.

### What does MAKX hold?

24 positions as filed for May 31, 2026, with the top ten at 58% of the fund. The largest are Ouster, Inc. at 8.9%, 3D Systems Corp. at 7.4%, Cognex Corp. at 6.0%.

### Has MAKX beaten the S&P 500?

Over the year to Sep 11, 2026 MAKX returned +28.4% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 10.9 points.

### What does MAKX cost?

The prospectus expense ratio is 0.58% a year. Because 96% of the fund differs from the S&P 500, the fee on that differing part works out at 0.61%.


## Cite this page

ETFIQ, MAKX, data as of Sep 11, 2026. https://etfiq.com/funds/MAKX
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/MAKX  ·  JSON: https://etfiq.com/funds/MAKX.json