(ION) Proshares S&P Global Core - Ratings and Ratios

The ProShares S&P Global Core Battery Metals ETF (ION) is designed to track the performance of companies within the S&P Global Broad Market Index that are engaged in the mining of cobalt, lithium, and nickel—key metals essential for battery production. The fund typically invests at least 80% of its assets in securities or instruments that replicate the economic characteristics of the underlying index. As a non-diversified fund, it may concentrate its holdings in a smaller number of issuers, which can lead to higher volatility compared to diversified funds. The ETF provides exposure to the core metals driving the electrification of energy storage and transportation.

ION offers a targeted way to gain exposure to the battery metals sector, which is critical for technologies like electric vehicles, renewable energy systems, and portable electronics. The funds structure allows it to capture the performance of companies that are pivotal in the global transition to cleaner energy. By focusing on the mining sector, it taps into the upstream supply chain of the battery value chain, making it a unique investment vehicle for those seeking to align with the growing demand for energy storage solutions.