(TOLZ) ProShares DJ Brookfield - Ratings and Ratios

The ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) is designed to mirror the performance of its underlying index, which comprises companies in developed markets that specialize in owning and operating pure-play infrastructure assets, such as transportation, energy, and utilities.

The fund achieves this objective by investing in a combination of financial instruments that, in aggregate, are expected to track the indexs performance. Under normal market conditions, the fund allocates at least 80% of its total assets to the indexs constituent securities or to financial instruments with similar economic characteristics, ensuring a high degree of correlation with the underlying index.

Given the current technical landscape, with the last price at $52.78, the SMA20 at $53.47, and the SMA50 at $52.20, it appears that the ETF is experiencing a minor correction. The SMA200 at $50.11 indicates a longer-term uptrend. The ATR of 0.96, or 1.82%, suggests moderate volatility. Considering the 52-week high and low of $54.27 and $43.55, respectively, the current price is near the upper end of its recent range, suggesting potential resistance around the 52-week high.

From a fundamental perspective, the funds AUM of $158.19M USD indicates a relatively modest but still viable asset base. Infrastructure ETFs like TOLZ are often attractive during periods of economic growth and infrastructure development. Given the global push towards infrastructure investment, this ETF is well-positioned to benefit from such trends.

Forecasting future performance based on the available technical and fundamental data, its plausible that TOLZ could continue its upward trajectory, potentially challenging its 52-week high. However, a break above $54.27 would require significant positive momentum and a continued focus on infrastructure investments globally. Conversely, a decline below the SMA50 could signal a more significant correction. Investors should monitor the ETFs ability to stay above its SMA200 and its ATR for signs of increasing volatility or a trend reversal.