ProShares - Online Retail ETF (ONLN) — ()
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Retail Sales Tumble 0.9% in January, Worse Than Expected
Published: by:
Sentiment: Negative ()
The Census Bureau's Advance Retail Sales Report for January showed a sharper-than-expected decline, with headline sales falling 0.9%—the largest monthly drop since March 2023 and the first decline in five …
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About ProShares - Online Retail ETF ONLN
Under normal circumstances, the fund will invest at least 80% of its total assets in component securities of the index. The index is designed to measure the performance of publicly traded companies that principally sell online or through other non-store sales channels, such as through mobile or app purchases, rather than through "brick and mortar" store locations. The fund is non-diversified.