ION

S&P Global Core Battery Metals ETF

ION invests in a global portfolio of companies involved in producing core battery metals that are key to powering next-generation technologies.

How to Buy
Why ION?
Targets High-Growth Innovation

The rise of electric vehicles and related battery-driven technologies are fueling demand for metals like lithium, nickel, and cobalt.

Multiple Tailwinds

Both private sector innovation and public sector mandates are driving greater adoption of electric vehicles and other applications reliant on battery technology.

Efficient Exposure

ION invests in dozens of companies with high exposure to the growing battery technology theme—all in one convenient trade.

Performance
About the Fund
Exposures
Holdings
Index
Distributions
View fund details
Documents & Downloads
ETF & Index
Fund Fact Sheet
This links to a pdf file This link opens a new window
NAV History
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Prospectus & Regulatory
Summary Prospectus
Statutory Prospectus
SAI
Annual Report
Semi-Annual Report
Semi-Annual Financial Statement

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Growth of $10,000

Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Month-End Total Returns as of 1/31/2026
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
ION NAV 13.78% 40.71% 93.35% 13.78% 132.53% 12.80% -- -- 15.16% 11/29/2022
ION Market Price 11.63% 37.39% 90.52% 11.63% 128.92% 11.80% -- -- 14.40% 11/29/2022
S&P Global Core Battery Metals Index 14.13% 41.37% 96.80% 14.13% 138.92% 14.77% -- -- 17.08% --

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker
    ION
  • Intraday Ticker
    ION.IV
  • CUSIP
    74347G267
  • Inception Date
    11/29/22
  • Expense Ratio
    0.58%
  • NAV Calculation Time
    4:00 p.m. ET
  • Options Available
    Yes
Characteristics
as of 12/31/2025
Price
as of 2/27/2026
  • NAV
    $65.03
  • NAV Change
    $+0.68 up caret
  • Market Price
    $64.70
  • Market Price Change
    $+0.50 up caret
  • Trading Volume (M)
    3,732
  • 30-Day Median Bid Ask Spread
    0.54%
  • View Premium / Discount
Distributions
as of 1/30/2026
  • Distribution Frequency
    Quarterly
  • SEC 30-Day Yield
    0.54%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

  • 12-Month Yield
    1.43%

    12-Month Yield represents the sum of the funds dividends for the last 12 months divided by the sum of the last month's NAV and any capital gain distributions made over the past 12 months.

  • Distribution Details
Snapshot
  • Ticker
    ION
  • Intraday Ticker
    ION.IV
  • CUSIP
    74347G267
  • Inception Date
    11/29/22
  • Expense Ratio
    0.58%
  • NAV Calculation Time
    4:00 p.m. ET
  • Options Available
    Yes
Characteristics
as of 12/31/2025
Price
as of 2/27/2026
  • NAV
    $65.03
  • NAV Change
    $+0.68 up caret
  • Market Price
    $64.70
  • Market Price Change
    $+0.50 up caret
  • Trading Volume (M)
    3,732
  • 30-Day Median Bid Ask Spread
    0.54%
  • View Premium / Discount
Distributions
as of 1/30/2026
  • Distribution Frequency
    Quarterly
  • SEC 30-Day Yield
    0.54%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

  • 12-Month Yield
    1.43%

    12-Month Yield represents the sum of the funds dividends for the last 12 months divided by the sum of the last month's NAV and any capital gain distributions made over the past 12 months.

  • Distribution Details

Exposures

Fund as of 2/27/2026

Holdings

as of 2/27/2026

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
4.70% 5541 PACIFIC METALS CO LTD -- $764,441.33 31,292 6666343
3.74% INCO VALE INDONESIA TBK -- $607,987.11 1,290,241 B0217K9
3.45% PLS PLS GROUP LTD -- $561,554.19 152,040 B2368L5
3.25% 1772 GANFENG LITHIUM GROUP CO L-H -- $528,879.00 60,140 BZ9NS11
3.23% IGO IGO LTD -- $524,364.34 85,479 6439567
3.18% 000762 TIBET MINERAL DEVELOPMENT-A -- $516,838.25 112,700 BD580M1
3.15% ALB ALBEMARLE CORP -- $512,246.89 2,867 2046853
3.11% ARI AFRICAN RAINBOW MINERALS LTD -- $505,676.08 32,293 6041122
2.97% 600338 XIZANG ZHUFENG RESOURCES-A -- $482,377.00 165,600 BFB4HB5
2.96% SQM QUIMICA Y MINERA CHIL-SP ADR -- $481,224.10 6,307 2771122
2.93% LTR LIONTOWN LTD -- $475,510.99 391,895 B1J89V5
2.91% 000792 QINGHAI SALT LAKE INDUSTRY-A -- $473,620.49 85,000 BD5CNB3
2.91% SGML SIGMA LITHIUM CORP -- $473,555.83 32,863 BNM4ZD8
2.85% MIN MINERAL RESOURCES LTD -- $463,777.51 10,687 B17ZL56
2.70% 002240 CHENGXIN LITHIUM GROUP CO-A -- $439,419.32 70,700 BFCCQ55
2.65% S32 SOUTH32 LTD -- $430,398.52 131,476 BWSW5D9
2.59% 002466 TIANQI LITHIUM CORP-A -- $421,051.10 51,000 BD5CKH8
2.57% TINS TIMAH TBK PT -- $418,383.79 1,524,827 6875730
2.50% 000408 ZANGGE MINING CO LTD-A -- $405,934.92 32,300 BQ3RQ45
2.42% LUN LUNDIN MINING CORP -- $393,101.04 12,338 2866857
2.30% ANTM ANEKA TAMBANG TBK -- $374,462.74 1,443,188 6053859
2.27% AMG AMG CRITICAL MATERIALS N.V. -- $368,765.07 9,344 B1Z95S1
2.03% VAL VALTERRA PLATINUM LIMITED -- $330,406.38 2,822 6761000
2.03% BOL BOLIDEN AB -- $329,312.95 4,144 BPYTZ57
2.01% 3993 CMOC GROUP LTD-H -- $326,870.59 105,846 B1VRCG6
2.01% 002738 SINOMINE RESOURCE GROUP CO-A -- $326,531.21 24,600 BNR4M32
1.99% FM FIRST QUANTUM MINERALS LTD -- $323,564.30 10,807 2347608
1.92% ERA ERAMET -- $311,770.36 4,457 4017017
1.85% IMP IMPALA PLATINUM HOLDINGS LTD -- $300,815.23 13,544 B1FFT76
1.71% 603799 ZHEJIANG HUAYOU COBALT CO -A -- $277,521.48 24,200 BFF5BV2
1.61% VALE VALE SA-SP ADR -- $262,458.86 15,277 2857334
1.49% AAL ANGLO AMERICAN PLC -- $241,801.40 4,848 BTK05J6
1.47% NPH NORTHAM PLATINUM HOLDINGS LT -- $238,286.37 8,756 BMZ1NS0
1.38% 1258 CHINA NONFERROUS MINING CORP -- $224,910.17 117,226 B890GY2
1.29% SSW SIBANYE STILLWATER LTD -- $209,115.32 47,570 BL0L913
1.28% GLEN GLENCORE PLC -- $207,955.84 28,897 B4T3BW6
1.24% 1208 MMG LTD -- $201,333.73 145,709 6728793
1.23% BHP BHP GROUP LTD -- $199,981.13 4,811 6144690
1.05% FNV FRANCO-NEVADA CORP -- $171,328.12 613 B29NF31
1.03% 002497 SICHUAN YAHUA INDUSTRIAL-A -- $167,455.11 41,400 BD5LSZ9
0.90% 2899 ZIJIN MINING GROUP CO LTD-H -- $145,875.83 25,361 6725299
0.73% WES WESFARMERS LTD -- $119,159.29 2,103 6948836
0.73% 5706 MITSUI KINZOKU CO LTD -- $118,648.99 502 6597346
0.67% 8053 SUMITOMO CORP -- $109,482.01 2,566 6858946
0.58% KGH KGHM POLSKA MIEDZ SA -- $94,739.80 1,009 5263251
0.56% 5713 SUMITOMO METAL MINING CO LTD -- $91,030.32 1,126 6858849
0.55% 300750 CONTEMPORARY AMPEREX TECHN-A -- $89,796.52 1,800 BHQPSY7
0.46% 1618 METALLURGICAL CORP OF CHIN-H -- $74,404.20 301,603 B42SRM0
0.35% 2768 SOJITZ CORP -- $56,308.14 1,242 6594143
0.25% PKX POSCO HOLDINGS INC -SPON ADR -- $40,640.56 584 2692795
0.16% 8015 TOYOTA TSUSHO CORP -- $26,311.56 588 6900580
-- 2362 JINCHUAN GROUP INTERNATIONAL -- $00.00 1,057,129 6373988
-- -- NET OTHER ASSETS (LIABILITIES) -- $15,070.59 15,071 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

as of 12/31/2025

  • Total Number of Companies51
  • Price/Book Ratio2.38
  • Dividend Yield ( % )1.07
  • Avg. Index Market Capitalization$22.39 billion
About the Index

The S&P Global Core Battery Metals 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.

Distributions

For

2026
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital
Get the latest perspectives and updates.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

Holdings are subject to change.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see Performance.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see summary and full prospectuses for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.

Companies engaged in battery metals mining are subject to various risks, including: changes in the supply of and demand for battery metals; price changes resulting from inflation and inflation expectations; supply chain and other disruptions due to changing world events, economic conditions and political risks; currency fluctuations; regulatory and legislative scrutiny of the environmental impact of battery metal mining; and risks associated with the development of mineral deposits.

The index theme may not be the primary driver of company, index or fund performance. Companies in the index may have significant unrelated business lines, which could have a significant negative impact on company, index and fund performance.

Investments in non-U.S. securities may involve risks different from U.S. securities, including risks from geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability.

Investments in emerging markets generally are less liquid, more volatile and riskier than investments in more developed markets and are considered to be speculative.

Investments in smaller companies typically exhibit higher volatility. Small- and mid-cap companies may have limited product lines or resources, may be dependent upon a particular market niche and may have greater fluctuations in price than the stocks of larger companies. Small- and mid-cap companies may lack the financial and personnel resources to handle economic or industry-wide setbacks and, as a result, such setbacks could have a greater effect on small- and mid-cap security prices.

This ProShares ETF is non-diversified and concentrates its investments in certain sectors. Non-diversified and narrowly focused investments typically exhibit higher volatility.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property of MSCI Inc. (“MSCI”) and Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. (“S&P”). Neither MSCI, S&P nor any third party involved in making or compiling GICS or any GICS classifications makes any express or implied warranties or representations with respect thereto (or the results to be obtained by the use thereof).

The "S&P Global Core Battery Metals Index" is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by ProShares. "S&P®" is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and "Dow Jones®" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. ProShares have not been passed on by S&P Dow Jones Indices LLC and its affiliates as to their legality or suitability. ProShares based on the "S&P Global Core Battery Metals Index" are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

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