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CTEX

GradeCNew York Stock Exchange Arca

ProShares - S&P Kensho Cleantech ETF

Themes · ProShares · Inception 2021-09-29

$31.98−0.47 (−1.44%)

As of Sep 23, 2026, 2:12 PM EDT

History starts Sep 30, 2021.
Intraday session: down, 5 prints from 32.45 to 31.98. Range 31.98 to 32.53. Use the arrow keys to read each point.$32.20$32.40$32.6010 AM12 PM2 PM4 PM
Expense ratio
0.58%
Fund size
$5M
1Y return
+6.3%
Yield · Last 12 months
2.27%
Holdings
32
Volume · 30D
0M sh
NAV per share
$32.53
52W range
low $29.51high $51.50

The ETF.net CTEX Grade

C

40/ 100

Rank 14 of 17 in Clean Energy⁠

Confidence High

Six-pillar profile for CTEX. Scores out of 100: Cost 50, Risk 29, Mission 58, Tradability 21, Holdings 69, Durability 31. Strongest: Holdings (69). Weakest: Tradability (21). Leans toward Holdings.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned41This cap took−1Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 50
    Category rank8/17 · top 47%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 58
    Category rank1/1 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 29
    Category rank12/17 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 21
    Category rank15/17 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 69
    Category rank5/17 · top 29%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 31
    Category rank14/17 · bottom quartile

Graded as of Sep 22, 2026

Our read on CTEX

ETF.net Research

CA tight, roughly 30-stock global basket of companies building clean energy technology, tracking S&P's Kensho Cleantech index. The fee sits mid-pack for the category; the portfolio is far more concentrated than the household names.

Stated mandate

The Fund seeks pre-fee and pre-expense results that track the S&P Kensho Cleantech Index. It invests in financial instruments intended to reproduce the Index’s exposure to companies developing technologies and products that generate clean energy.

Why people hold it

  1. 01About 30 holdings, global reach: the pure-play take on clean energy, aimed at companies developing the technologies and products that generate clean power.
  2. 020.58% a year lands right at the clean energy category median and just under FAN's 0.61%.
  3. 03Rules-based index tracking in a plain 1940 Act ETF wrapper, running since 2021. No manager hunches, no exotic structure.

Worth knowing

  1. 01Roughly 30 names means single stocks swing the fund. The broader clean energy funds spread that risk across many more positions.
  2. 02One of the smaller and thinner-traded funds in the clean energy aisle, so spreads tend to be wider than in the category's biggest names.
  3. 03Diversified rivals ICLN and FRNW charge 0.39%, so the concentrated Kensho build costs more than broad exposure.

CTEX Holdings

As of Sep 20, 2026, 6:50 AM
Asset class
Stocks
Holdings
32
Top-10 weight
44%
Largest holding
ACA5.9%

Sectors

  • Industrials42.8%
  • Energy32.5%
  • Utilities9.4%
  • Technology6.3%
  • Materials5.9%
  • Consumer Discr.3.1%

Geography

  • United States77.96%
  • Canada5.85%
  • China5.55%
  • India4.43%
  • Luxembourg3.21%
  • Israel3.01%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ACAARCOSA INC5.87%1,936$282K127
002FCELFUELCELL ENERGY INC4.92%13,073$237K70
003BEBLOOM ENERGY CORP- A4.78%866$230K304
004RNWRENEW ENERGY GLOBAL PLC-A4.42%31,103$213K13
005NRGVENERGY VAULT HOLDINGS INC4.37%46,889$211K56
006GEVGE VERNOVA INC4.36%223$210K473
007FSLRFIRST SOLAR INC4.15%1,020$200K325
008GNRCGENERAC HOLDINGS INC3.99%927$192K215
009SHLSSHOALS TECHNOLOGIES GROUP -A3.86%24,455$186K97
010HYHYSTER-YALE INC3.74%5,368$180K68
011ORAORMAT TECHNOLOGIES INC3.51%1,737$169K154
012ENPHENPHASE ENERGY INC3.49%4,853$168K147
013CSIQCANADIAN SOLAR INC3.39%14,314$163K48
014VMIVALMONT INDUSTRIES3.33%338$160K177
015DQDAQO NEW ENERGY CORP-ADR3.33%13,287$160K40

Showing 1–15 of 31 holdings

CTEX Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CTEX$10,627
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. CTEX $10,627. SPY $11,723. Use the arrow keys to read each point.$9,004$12,824$16,643Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for CTEX. Periods over one year show the average yearly return.
PeriodCTEX
Year to date−7.7%
1 month−2.3%
3 months−28.4%
1 year+6.3%
3 years+9.4%per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CTEX
YearReturn barCTEX
2026 YTD−7.7%
2025+67.7%
2024−20.4%
2023−10.2%
2022−20.4%
2021−6.7%

History from Sep 30, 2021

CTEX in the news

ETF.net Research hasn’t filed on CTEX yet — coverage lands here as it’s written.

CTEX Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.27%Last 12 months
Payout per share
$0.74Last 12 months
Last payment
$0.66 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 8 payments from 2023 to 2026 YTD. Dec 20, 2023 $0.03; Mar 20, 2024 $0.009; Jun 26, 2024 $0.03; Sep 25, 2024 $0.06; Dec 23, 2024 $0.02; Mar 26, 2025 $0.03; Sep 24, 2025 $0.08; Dec 24, 2025 $0.66. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 24, 2025Dec 31, 2025$0.66
Sep 24, 2025Sep 30, 2025$0.08
Mar 26, 2025Apr 1, 2025$0.03
Dec 23, 2024Dec 31, 2024$0.02
Sep 25, 2024Oct 2, 2024$0.06
Jun 26, 2024Jul 3, 2024$0.03
Mar 20, 2024Mar 27, 2024$0.009
Dec 20, 2023Dec 28, 2023$0.03

CTEX Risk

How much the fund’s monthly returns vary, scaled to a year.
42.1%
Annualised · 36 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.19
vs 3-month T-bills · to Aug 2026
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.

The largest fall from a peak to the low that followed.
−70.3%
59 months · trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
2.17
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CTEX Cost

Expense ratio0.58%
  • The middle half of Clean Energy funds
  • Median 0.58%

7 of the 16 Clean Energy funds charge less.

CTEX costs $58.00 a year on $10,000. The median Clean Energy fund costs $58.50.