ProShares S&P Kensho Cleantech ETF (CTEX)Technology | Exchange Traded Fund | NYSEArca
36.89 USD
-1.44
(-3.748%) ⇩
(July 13, 2026, 3:37 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:10 a.m. EDT
The cleantech sector has delivered a stunning eighteen-month outperformance, yet this specific fund is currently facing a severe reality check. While the headline numbers are impressive, the underlying price action tells a different story: the asset is trading significantly below its fifty-day average and has suffered a sharp decline over the last three years, with two consecutive years of negative returns. This multi-year downtrend indicates that the market has reassessed the business quality downward, rendering the current valuation unattractive despite the low P/E ratio. The recent price action shows continued selling pressure, dropping from mid-high $40s to the low $30s, confirming a bearish short-term trend. Furthermore, the dividend profile is inconsistent and erratic, with payments ranging from fractions of a cent to over sixty cents, suggesting an unreliable payout strategy rather than a stable income stream. With no options flow to provide a bullish counter-signal and fundamentals showing a structural decline, the prudent move is to wait for a clearer reversal in the price trajectory before committing capital. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.101380 |
| AutoTheta | 0.111536 |
| MSTL | 0.115330 |
| AutoARIMA | 0.130082 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 0.53 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.177 |
| Excess Kurtosis | -0.49 |
| Attribute | Value |
|---|---|
| Trailing P/E | 20.24 |
As of July 11, 2026, 5:10 a.m. EDT: Options activity is virtually dormant with zero volume and negligible open interest across all expirations. The lack of speculative positioning suggests a lack of immediate directional conviction among traders, reflecting the asset's low liquidity and recent price weakness.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.78% | 2.04% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-24 | 0.657 | 1.780488 |
| 2025-09-24 | 0.080 | 0.264009 |
| 2025-03-26 | 0.028 | 0.153846 |
| 2024-12-23 | 0.022 | 0.100640 |
| 2024-09-25 | 0.061 | 0.274861 |
| 2024-06-26 | 0.030 | 0.136463 |
| 2024-03-20 | 0.009 | 0.039770 |
| 2023-12-20 | 0.033 | 0.129717 |
| Attribute | Value |
|---|---|
| All Time High | 51.5 |
| All Time Low | 15.11 |
| Ask | 0.0 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 680 |
| Average Daily Volume3 Month | 1,916 |
| Average Volume | 1,916 |
| Average Volume10Days | 680 |
| Beta3 Year | 2.17 |
| Bid | 0.0 |
| Bid Size | 400 |
| Category | Technology |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 37.62 |
| Day Low | 36.81 |
| Dividend Yield | 1.67 |
| Eps Trailing Twelve Months | 1.8219967 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 43.25382 |
| Fifty Day Average Change | -6.368717 |
| Fifty Day Average Change Percent | -0.14724058 |
| Fifty Two Week Change Percent | 64.08478 |
| Fifty Two Week High | 51.5 |
| Fifty Two Week High Change | -14.614899 |
| Fifty Two Week High Change Percent | -0.28378445 |
| Fifty Two Week Low | 22.986 |
| Fifty Two Week Low Change | 13.899101 |
| Fifty Two Week Low Change Percent | 0.6046768 |
| Fifty Two Week Range | 22.986 - 51.5 |
| First Trade Date Milliseconds | 1,633,008,600,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | ProShares |
| Fund Inception Date | 1,632,873,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of U.S.-listed companies focused on building the technologies or products that enable the generation of clean energy, such as solar, wind, geothermal, hydrogen, and hydroelectric. The fund will invest in all of the component securities of the index in approximately the same proportion as the index. It is non-diversified. |
| Long Name | ProShares S&P Kensho Cleantech ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1674914976 |
| Nav Price | 38.3546 |
| Net Assets | 6,630,136.0 |
| Net Expense Ratio | 0.58 |
| Open | 37.79 |
| Previous Close | 38.3215 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.4364 |
| Regular Market Change Percent | -3.74828 |
| Regular Market Day High | 37.62 |
| Regular Market Day Low | 36.81 |
| Regular Market Day Range | 36.81 - 37.62 |
| Regular Market Open | 37.79 |
| Regular Market Previous Close | 38.3215 |
| Regular Market Price | 36.8851 |
| Regular Market Time | 1,783,971,478 |
| Regular Market Volume | 1,217 |
| Short Name | ProShares S&P Kensho Cleantech |
| Source Interval | 15 |
| Symbol | CTEX |
| Three Year Average Return | 0.0282717 |
| Total Assets | 6,630,136 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 20.24433 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 28.22323 |
| Trailing Three Month Returns | 28.22323 |
| Triggerable | 1 |
| Two Hundred Day Average | 38.20203 |
| Two Hundred Day Average Change | -1.3169289 |
| Two Hundred Day Average Change Percent | -0.034472745 |
| Type Disp | ETF |
| Volume | 1,217 |
| Yield | 0.0167 |
| Ytd Return | 25.28408 |