TOLZ: PROSHARES DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF
ETF Education Report: PROSHARES DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF (TOLZ)
What this ETF is trying to do
The TOLZ ETF is designed to track an index related to global infrastructure. This means the fund invests in companies that manage essential services, such as energy pipelines, utility companies, and communication towers. The goal is to provide exposure to the businesses that keep modern society running.
What the numbers show
When looking at an ETF, it is important to understand two different types of returns: price return and total return.
• Price Return: This measures only the change in the share price. For TOLZ, the one-year price return was approximately 3.08%. The year-to-date (YTD) price return is about 2.88%.
• Total Return: This includes the share price change *plus* any cash distributions paid out to investors. The one-year total return was approximately 6.36%, and the YTD total return was about 5.44%.
Over a longer period, the three-year price return was approximately 37.66%, while the three-year total return was much higher at approximately 53.58%. This shows that distributions added significant value over those three years.
Based on an estimated price from roughly one year ago of $54.05, the current price is $55.71.
Income and distribution explanation
Some investors look for ETFs that pay regular cash, known as distributions. TOLZ has a distribution yield of approximately 3.25%. This means the cash paid out is about 3.25% of the current share price. These distributions are usually paid quarterly, and over the last 12 months, there were four payouts.
It is important to remember that a high distribution yield is not the same thing as total return. While distributions provide cash, they are separate from the growth of the share price itself.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases over time. StockValueFinder uses an erosion-risk score to help measure this risk.
TOLZ has an erosion score of 94, which is labeled as "Stable / sideways." The erosion severity is rated as "good," and there is no severe erosion-risk flag present. This suggests the fund's price trend has been relatively stable rather than showing significant deterioration.
Top Holdings
The following are the top holdings in this ETF (note that this list is partial):
• ENBRIDGE INC: 6.13%
• NATIONAL GRID PLC: 4.94%
• WILLIAMS COMPANIES INC: 4.46%
• VINCI SA: 4.12%
• AMERICAN TOWER CORP: 3.98%
• TC ENERGY CORP: 3.62%
• ENERGY TRANSFER LP: 3.31%
• KINDER MORGAN INC CLASS P: 3.07%
• TARGA RESOURCES CORP: 3.06%
• CHENIERE ENERGY INC: 2.97%
Pros
• The fund has shown a strong three-year total return.
• It provides regular quarterly distributions.
• The erosion-risk score suggests a stable price trend.
Cons
• The share price itself grows more slowly than the total return because it does not include the cash distributions.
Beginner takeaway
When looking at TOLZ, remember that there is a difference between the price of the share and the total amount you earn. If you reinvest your distributions, your total return may be higher than the price return alone. Always look at both numbers to get the full picture of how an ETF is performing.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ENBRIDGE INC | n/a | 6.13% |
| 2 | NATIONAL GRID PLC | n/a | 4.94% |
| 3 | WILLIAMS COMPANIES INC | WMB | 4.46% |
| 4 | VINCI SA | n/a | 4.12% |
| 5 | AMERICAN TOWER CORP | AMT | 3.98% |
| 6 | TC ENERGY CORP | n/a | 3.62% |
| 7 | ENERGY TRANSFER LP | ET | 3.31% |
| 8 | KINDER MORGAN INC CLASS P | KMI | 3.07% |
| 9 | TARGA RESOURCES CORP | TRGP | 3.06% |
| 10 | CHENIERE ENERGY INC | LNG | 2.97% |