DAT - ETF AI Analysis
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ProShares Big Data Refiners ETF (DAT)
DAT (ProShares Big Data Refiners ETF) earns a solid overall rating largely because several key holdings like Dynatrace, Palantir, and InterDigital show strong financial performance, positive earnings calls, and strategic growth in AI and data-focused solutions. However, weaker names such as Snowflake and MicroStrategy, which face profitability, valuation, and bearish technical challenges, hold the fund back somewhat. The main risk factor is that many holdings share similar issues around high valuations and bearish technical signals, which could make the ETF more sensitive to market downturns in the tech and AI sectors.
DAT vs. SPDR S&P 500 ETF (SPY)
- AUM
- 5.35M
- Region
- Global
- Expense Ratio
- 0.58%
- Beta
- 1.34
- Issuer
- ProShares
- Inception Date
- Sep 29, 2021
- Dividend Yield
- N/A
- Asset Class
- Equity
- Index Tracked
- FactSet Big Data Refiners Index
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 story, with U.S.-centric cloud and analytics names like Five9, Palantir, Snowflake, and Dynatrace doing much of the heavy lifting. Five9 and Dynatrace have been rising steadily on strong growth narratives, while Snowflake’s performance has been more mixed as investors wrestle with profitability and valuation. Elastic and Nutanix are wobbling a bit, occasionally losing steam despite longer-term gains. Overall, the fund is tightly focused on tech and data refiners, with limited diversification beyond this global but mostly U.S.-driven theme.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 ZBRA | Zebra Tech | 6.01% | $322.53K | $17.09B | 38.22% | 72Outperform |
 DT | Dynatrace | 5.56% | $298.26K | $16.67B | 18.65% | 77Outperform |
 ESTC | Elastic | 5.55% | $298.12K | $10.31B | 10.06% | 65Neutral |
 PLTR | Palantir Technologies | 5.54% | $297.41K | $442.43B | -5.37% | 74Outperform |
 FIVN | Five9 | 5.45% | $292.49K | $2.72B | 55.57% | 69Neutral |
 SNOW | Snowflake | 5.43% | $291.54K | $107.99B | 12.87% | 54Neutral |
 NTNX | Nutanix | 4.97% | $266.53K | $18.33B | -2.71% | 62Neutral |
 CVLT | CommVault Systems | 4.70% | $252.48K | $6.76B | 19.99% | 65Neutral |
 AVPT | AvePoint | 4.60% | $246.86K | $3.62B | 20.95% | 65Neutral |
 IL:NICE | Nice | 4.56% | $244.81K | ILS 20.68B | -19.86% | 73Outperform |
DAT Technical Analysis
Price Trends
Market Momentum
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 53.62 is above the 20-day moving average (MA) of 52.41, above the 50-day MA of 50.78, and above the 200-day MA of 42.62, indicating a bullish trend. The MACD of 1.02 indicates Negative momentum. The RSI at 65.24 is Neutral, neither overbought nor oversold. The STOCH value of 60.71 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
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| DAT | $53.62 | $56.00(4.45% Upside) | $5.35M | 0.58% | 67Neutral |
 RACK | $43.10 | $65.15(51.15% Upside) | $74.89M | 0.50% | 63Neutral |
 TEK | $35.28 | $50.74(43.82% Upside) | $41.98M | 0.75% | 59Neutral |
 GGTL | $36.66 | $50.39(37.44% Upside) | $15.64M | 0.00% | 63Neutral |
 XDAT | $24.98 | $32.77(31.18% Upside) | $3.95M | 0.50% | 70Neutral |
 EYES | $30.15 | $36.42(20.81% Upside) | $1.40M | 0.35% | 67Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| DAT | ProShares Big Data Refiners ETF | 53.62 | 5.07 | 10.45% | |
| RACK | VanEck Data Center Supply Chain ETF | 43.10 | -10.05 | -18.91% | |
| TEK | iShares Technology Opportunities Active ETF | 35.28 | 2.70 | 8.27% | |
| GGTL | Gabelli Global Technology Leaders ETF | 36.66 | 4.04 | 12.38% | |
| XDAT | Franklin Exponential Data ETF | 24.98 | -3.45 | -12.15% | |
| EYES | Corgi Data & Surveillance ETF | 30.15 | 4.90 | 19.40% |
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.