DAT - ETF AI Analysis
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ProShares Big Data Refiners ETF (DAT)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Recent Short-Term Performance
The ETF has shown strong gains over the last one and three months, indicating improving momentum in the near term.
Leading Data and Software Holdings
Several top positions, such as Datadog, Snowflake, CommVault Systems, Five9, and Zebra Technologies, have delivered strong year-to-date performance, helping support the fund’s returns.
Focused Exposure to Growing Technology Theme
The fund is heavily tilted toward technology companies involved in data and software, giving investors targeted exposure to a fast-growing area of the market.
Negative Factors
Weak Year-to-Date Overall Performance
Despite recent gains, the ETF’s year-to-date performance is still negative, showing that it has struggled over the longer part of the year.
High Concentration in Technology Sector
With most assets in technology and very limited exposure to other sectors, the fund is more vulnerable to downturns in tech stocks.
Several Lagging Top Holdings
Some major positions, including AvePoint, Cellebrite DI, Braze, Nice, and Dynatrace, have shown weak year-to-date performance, which can drag on the fund’s overall results.
DAT vs. SPDR S&P 500 ETF (SPY)
AUM5.14M
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. Volume2,434
30 Day Avg. Volume2,833
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
63.08Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering25
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DAT Summary
ProShares Big Data Refiners ETF (ticker DAT) follows the FactSet Big Data Refiners Index, focusing on companies that turn large amounts of data into useful information. It mainly holds U.S. technology firms involved in cloud computing, data analytics, and artificial intelligence. Well-known names in the fund include Snowflake and Datadog, along with other specialized software companies. An investor might choose this ETF to tap into the long-term growth potential of big data and to get diversified exposure to many data-focused tech stocks in one purchase. However, it is heavily concentrated in technology and can go up and down sharply with that 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 leaning hard into the big-data and AI software story, with a tech-heavy, globally focused lineup. High-fliers like Five9, Snowflake, and Zebra are doing much of the heavy lifting, as their shares have been steadily rising on optimism around AI-driven analytics and cloud demand. Palantir and Elastic add more AI firepower, though their performance has been a bit more mixed, reflecting worries about rich valuations. On the weaker side, Braze and AvePoint are lagging, acting like small anchors on an otherwise fast-moving, data-centric ship.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Zebra Tech | 5.98% | $301.44K | $17.16B | 15.60% | 72 Outperform | |
| Elastic | 5.69% | $286.54K | $9.64B | 5.88% | 65 Neutral | |
| Five9 | 5.42% | $272.81K | $2.49B | 24.61% | 69 Neutral | |
| Snowflake | 5.42% | $272.78K | $116.87B | 49.47% | 54 Neutral | |
| Braze | 5.34% | $269.07K | $3.60B | 1.72% | 76 Outperform | |
| InterDigital | 4.96% | $250.08K | $8.72B | 17.42% | 76 Outperform | |
| Palantir Technologies | 4.92% | $248.07K | $418.93B | 13.86% | 74 Outperform | |
| Nutanix | 4.86% | $244.68K | $18.40B | -2.66% | 62 Neutral | |
| Dynatrace | 4.71% | $237.23K | $15.00B | 3.80% | 77 Outperform | |
| Strategy | 4.54% | $228.62K | $54.87B | -57.48% | 55 Neutral |
DAT Technical Analysis
Positive
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Price Trends
46.56
Positive
43.14
Positive
41.66
Positive
Market Momentum
1.20
Positive
55.78
Neutral
34.74
Neutral
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 49.96, equal to the 50-day MA of 46.56, and equal to the 200-day MA of 41.66, indicating a bullish trend. The MACD of 1.20 indicates Positive momentum. The RSI at 55.78 is Neutral, neither overbought nor oversold. The STOCH value of 34.74 is Neutral, 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
50.23
2.78
5.86%
RACK
VanEck Data Center Supply Chain ETF
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TEK
iShares Technology Opportunities Active ETF
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GGTL
Gabelli Global Technology Leaders ETF
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―
XDAT
Franklin Exponential Data ETF
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EYES
Corgi Data & Surveillance 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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