ProShares - Large Cap Core Plus
$88.12−0.02 (−0.02%)
- 0.45%
- $524M
- +19.0%
- 1.03%
- 0M sh
- $88.24
- low $72.79high $90.27
The ETF.net CSM Grade
C
Score 54 out of 100
- 50 of 99
Score 54 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D28 out of 100Rank 71 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A95 out of 100Rank 14 of 86Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C54 out of 100Rank 44 of 97Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D38 out of 100Rank 66 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C46 out of 100Rank 65 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B69 out of 100Rank 28 of 99
Our read on CSM
CA survivor of the 2009 130/30 craze. CSM runs 130% long a four-factor screen of big U.S. companies and 30% short, so net exposure lands near the market while the factor tilts get turned up.
The Fund seeks pre-expense investment results that track the UBS 130/30 Index. It uses equity securities and derivatives to maintain exposure to a rules-based, multi-factor portfolio of leading large-cap U.S. companies with 130% long and 30% short exposure.
Why people hold it
- The shorting is the whole point: 130% long, 30% short. Net exposure sits near 100% of the market, but the factor bets carry more weight than a long-only screen allows.
- Four factors in one rulebook (value, growth, momentum, profitability) spread across roughly 300 large U.S. companies, so no single style is steering the whole portfolio.proshares.com
- Long-short mechanics inside an ordinary 1940 Act ETF: no lockups, no accreditation, no K-1. It tracks a published benchmark, the UBS 130/30 Index, rather than a manager's hunches.
- Trading since 2009, which is a long run for a long-short strategy. Most of the 130/30 wave that launched alongside it did not last. Distributions come quarterly.
Worth knowing
- 0.45% a year is toward the high end for large-cap multifactor. Plain-vanilla peers like VONV (0.06%) and IUSG (0.04%) cost a fraction, though neither shorts anything.
- One of the lighter-traded funds in its category, which can mean wider bid-ask spreads than the volume leaders in large-cap factor land.
- The short sleeve cuts both ways: it adds borrow and derivative costs, and it drags when the market's lowest-ranked names are the ones running.
CSM Holdings
- Stocks
- 302
- 33%
- NVDA
Sectors
- Technology33.3%
- Financials11.8%
- Health Care10.5%
- Industrials10.2%
- Consumer Discretionary9.0%
- Communication7.7%
- Consumer Staples4.8%
- Real Estate4.1%
- Utilities3.4%
- Energy3.3%
- Materials1.9%
Geography
- United States97.99%
- Ireland1.06%
- Bermuda0.24%
- United Kingdom0.23%
- Switzerland0.21%
- Netherlands0.20%
- Singapore0.06%
CSM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
CSM$11,898
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CSM |
|---|---|
| Year to date | +11.6% |
| 1 month | +0.6% |
| 3 months | +2.2% |
| 1 year | +19.0% |
| 3 years | +22.7% |
| 5 years | +13.0% |
| 10 years | +14.4% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CSM |
|---|---|---|
| 2026 YTD | +11.6% | |
| 2025 | +21.8% | |
| 2024 | +22.1% | |
| 2023 | +23.5% | |
| 2022 | −18.3% | |
| 2021 | +33.1% | |
| 2020 | +11.0% |
CSM in the news
CSM Dividends
- 1.03%
- $0.91
- $0.21 per share
- Quarterly
Distribution history
CSM Risk
- 12.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.32
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −23.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.99
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CSM Cost
0.45%
CSM0.45%
- The middle half of US Multifactor funds
- Median 0.30%
70 of the 99 US Multifactor funds charge less.
Other funds in US Multifactor
- BAUSFGlobal X - Adaptive U.S. Factor ETFExpense ratio 0.27%1 year return +13.0%
- CBMVPInvesco Bloomberg MVP Multi-factor ETFExpense ratio 0.29%1 year return +12.3%
- CHQGOHartford US Quality Growth ETFExpense ratio 0.34%1 year return +19.2%
- CMOATVanEck Morningstar Wide Moat ETFExpense ratio 0.46%1 year return +13.0%
- CPSCPrincipal U.S. Small-Cap Multi-Factor ETFExpense ratio 0.38%1 year return +24.0%