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Proshares S&P Global Core Battery Metals ETF (ION)

Natural Resources | Exchange Traded Fund | NYSEArca
46.94 USD -1.48 (-3.050%) ⇩ (July 13, 2026, 3:57 p.m. EDT)
After hours: 46.05 -0.89 (-0.888%) ⇩ (July 13, 2026, 7:24 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★★⯪☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 6:19 a.m. EDT

The battery metals theme driving this ETF is currently under severe pressure, evidenced by a relentless sell-off over the last two weeks where the price has slipped nearly 15% from its recent high. While the asset has recovered slightly from a 2024 low, the momentum is clearly broken, trading well below both its 50-day and 200-day moving averages. The recent price action suggests a continuation of the downtrend rather than a reversal, making it a poor vehicle for immediate capital deployment despite the thematic appeal. On the fundamental side, the business shows mixed results: while revenue grew in 2025, the asset is still down significantly from its 2023 peak, indicating the market has not yet fully priced in a recovery. The dividend yield of 1.5% is modest and insufficient to offset the capital losses incurred during the recent decline. For investors seeking exposure to battery metals, the timing appears wrong; the data suggests waiting for a clearer stabilization in price action before committing capital.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.186281
AutoETS0.191644
AutoTheta0.216250
AutoARIMA0.236483

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 43%
H-stat 8.36
Ljung-Box p 0.000
Jarque-Bera p 0.537
Excess Kurtosis -0.81
Attribute Value
Trailing P/E 18.06

As of July 11, 2026, 6:19 a.m. EDT: Options activity is sparse and lacks clear directional conviction. There is negligible open interest or volume in near-term expirations. In the September expiration, there is a distinct concentration of open interest at deep out-of-the-money strikes (65 and 95), suggesting speculative bets on a massive rally, though this is outweighed by the lack of supporting volume. The December expiration shows some new volume entering at the 70 strike, which is above the current price, hinting at a desire for upside, but the overall market structure remains flat and uncommitted.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.39% 1.62% 1.90%
Dividend History
Date Dividend Yield %
2026-06-24 0.206 0.392008
2025-12-24 0.340 0.636800
2025-09-24 0.218 0.595531
2025-06-25 0.265 0.959936
2025-03-26 0.020 0.075072
2024-12-23 0.070 0.272257
2024-09-25 0.158 0.585836
2024-06-26 0.186 0.665188
2024-03-20 0.028 0.091683
2023-12-20 0.150 0.490517
2023-09-20 0.313 0.938081
2023-06-21 0.255 0.669801
2022-12-22 0.050 0.130668
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 1.5

Info Dump

Attribute Value
All Time High 69.55
All Time Low 20.72
Ask 46.96
Ask Size 300
Average Daily Volume10 Day 2,450
Average Daily Volume3 Month 5,860
Average Volume 5,860
Average Volume10Days 2,450
Beta3 Year 1.3
Bid 23.61
Bid Size 200
Category Natural Resources
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 46.995
Day Low 46.9378
Dividend Yield 1.5
Eps Trailing Twelve Months 2.598486
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 58.10062
Fifty Day Average Change -11.162819
Fifty Day Average Change Percent -0.19212909
Fifty Two Week Change Percent 57.01313
Fifty Two Week High 69.55
Fifty Two Week High Change -22.612202
Fifty Two Week High Change Percent -0.3251215
Fifty Two Week Low 30.15
Fifty Two Week Low Change 16.787802
Fifty Two Week Low Change Percent 0.55680937
Fifty Two Week Range 30.15 - 69.55
First Trade Date Milliseconds 1,669,905,000,000
Full Exchange Name NYSEArca
Fund Family ProShares
Fund Inception Date 1,669,680,000
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 companies in the S&P Global Broad Market Index engaged in the mining of cobalt, lithium, and nickel—base metals used to produce batteries. Under normal circumstances, it will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. It is non-diversified.
Long Name Proshares S&P Global Core Battery Metals ETF
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_1798598447
Nav Price 48.2671
Net Assets 13,978,605.0
Net Expense Ratio 0.58
Open 47.5
Post Market Change -0.8878021
Post Market Change Percent -1.8914437
Post Market Price 46.05
Post Market Time 1,783,985,094
Previous Close 48.4145
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -1.4767
Regular Market Change Percent -3.05012
Regular Market Day High 46.995
Regular Market Day Low 46.9378
Regular Market Day Range 46.9378 - 46.995
Regular Market Open 47.5
Regular Market Previous Close 48.4145
Regular Market Price 46.9378
Regular Market Time 1,783,972,631
Regular Market Volume 2,707
Short Name ProShares S&P Global Core Batte
Source Interval 15
Symbol ION
Three Year Average Return 0.1083921
Total Assets 13,978,605
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 18.063519
Trailing Peg Ratio None
Trailing Three Month Nav Returns -7.8386
Trailing Three Month Returns -7.8386
Triggerable 1
Two Hundred Day Average 53.632336
Two Hundred Day Average Change -6.6945343
Two Hundred Day Average Change Percent -0.12482273
Type Disp ETF
Volume 2,707
Yield 0.015
Ytd Return -1.41932