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ProShares launches SUPL, the First Supply Chain Logistics ETF

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ETF issuer ProShares has launched a Supply Chain Logistics ETF (SUPL) designed to give investors access to companies involved in each point of the process that moves raw materials and goods around the world.

“The pandemic didn’t just highlight the crisis facing the global supply chain, it identified a ripe opportunity to invest in the companies striving to provide real solutions and embrace new technologies that may revolutionize global trade,” says Michael L. Sapir, ProShares founder and CEO. “SUPL may provide investors with exposure to the companies contributing to this long-term transformation.”

Tracking the FactSet Supply Chain Logistics Index, SUPL offers exposure to 40 shipping, railroad, air cargo, trucking, technology and brokerage companies that underpin the global supply chain. These companies represent established logistics leaders that have not only weathered the pressures of the pandemic but also are potentially poised to benefit from the rise of e-commerce, the regionalization of manufacturing, and the digitization of distribution and delivery networks.

SUPL joins the ProShares thematic funds lineup, complementing a group of funds that feature the application of technology and innovation to industrial processes, including the S&P Kensho Smart Factories ETF (MAKX), Nanotechnology ETF (TINY), S&P Kensho Cleantech ETF (CTEX) and Smart Materials ETF (TINT). In addition, ProShares launched the first bitcoin-linked ETF BITO, the Bitcoin Strategy ETF, in 2021.

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