What this ETF is trying to do

The PROSHARES SUPPLY CHAIN LOGISTICS ETF (ticker: SUPL) focuses on the world of supply chain logistics. This generally means companies that help move goods from one place to another. The fund holds a variety of companies, including many in the railroad and delivery industries.

Top Holdings

Because this is a partial list, we only see some of the companies in the fund. As of October 4, 2026, the top holdings include:

• DHL AG (4.95%)

• UNION PACIFIC CORP (4.84%)

• CSX CORP (4.80%)

• NORFOLK SOUTHERN CORP (4.73%)

• CANADIAN NATIONAL RAILWAY CO (4.68%)

• CANADIAN PACIFIC KANSAS CITY LTD (4.58%)

• AMADEUS IT GROUP SA (4.44%)

• UNITED PARCEL SERVICE INC CLASS B (4.37%)

• FEDEX CORP (4.33%)

• EXPEDITORS INTERNATIONAL OF WASHINGTON INC (4.21%)

What the numbers show

The current price of one share is $45.35. An estimated price from roughly one year ago was $38.16.

When looking at how this ETF has performed, it is important to look at two different types of returns: 1. Price Return: This measures only the change in the share price. 2. Total Return: This includes the share price change plus any cash payments (distributions) made to investors.

Over the last year, the one-year price return was approximately 18.83%. However, the one-year total return was higher, at approximately 22.31%.

Other performance numbers include:

• Year-to-Date (YTD) Price Return: Approximately 13.77%

• Year-to-Date (YTD) Total Return: Approximately 14.54%

• Three-Year Price Return: Approximately 16.40%

• Three-Year Total Return: Approximately 30.54%

Income and distribution explanation

Some investors look for ETFs that pay them cash regularly. This cash is called a distribution. SUPL has a distribution yield of approximately 2.57%. This means the cash paid out is about 2.57% of the ETF's price. Over the last year, the trailing distributions were $1.16 per share. These payments usually happen four times a year (quarterly).

It is important to remember that a high distribution yield does not mean you earned that much in total return. You must look at the total return figure to see how the investment performed overall.

NAV erosion explanation

"NAV erosion" is a term used when the value of the underlying assets in an ETF drops significantly. Some investors worry about this because it can make it harder for the fund to maintain its share price.

For this ETF, the erosion-risk score is 100, and the label says "No price erosion detected." The severity is listed as "good," and there is no severe erosion-risk flag.

Pros

• The ETF has shown positive price returns and total returns over the last year and the last three years.

• There are no signs of price erosion based on the current erosion-risk measurements.

Cons

• The list of holdings provided is only a partial list, so you do not see every company the fund owns.

Beginner takeaway

SUPL tracks companies involved in moving goods. Based on the data, the share price has grown over the last year, and when you include cash distributions, the total return is even higher. The fund also pays out regular cash distributions, usually four times a year.

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*Disclaimer: This report is for educational purposes only. It does not provide financial advice. It does not recommend buying, selling, or holding this ETF.*