ProShares S&P Kensho Smart Factories ETF (MAKX) belongs to the Technology Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MAKX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MAKX
MAKX charges 0.58% annually. There are 87 ETFs in the Technology Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | 0.08% | 20.96B | Oct 2013 | MAKX vs FTEC | |
| State Street Technology Select Sector SPDR ETF | 0.08% | 115.56B | Dec 1998 | MAKX vs XLK | |
| Vanguard Information Technology ETF | 0.09% | 169.20B | Mar 2004 | MAKX vs VGT | |
| Vaneck Technology Trusector ETF | 0.13% | 180.42M | Aug 2025 | MAKX vs TRUT | |
| Xtrackers Semiconductor Select Equity ETF | 0.15% | 97.12M | Jul 2023 | MAKX vs CHPS |
Best Risk-Adjusted Alternatives to MAKX
MAKX has a PortfoliosLab risk / return rank of 45. There are 53 ETFs in the Technology Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ASML Holding NV ADR Hedged ETF | 94 | 2.83M | Mar 2025 | MAKX vs ASMH | |
| Xtrackers Semiconductor Select Equity ETF | 92 | 97.12M | Jul 2023 | MAKX vs CHPS | |
| T-Rex 2X Long Alphabet Daily Target ETF | 91 | 44.75M | Jan 2024 | MAKX vs GOOX | |
| First Trust Nasdaq Semiconductor ETF | 91 | 1.27B | Sep 2016 | MAKX vs FTXL | |
| iShares Semiconductor ETF | 90 | 44.69B | Jul 2001 | MAKX vs SOXX |
Top Performing MAKX Alternatives (YTD)
MAKX is at 30.73% YTD. There are 34 ETFs in the Technology Equities category with higher YTD returns, going as high as 108.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| STMicroelectronics NV ADRhedged | 108.31% | 7.89M | Mar 2025 | MAKX vs STHH | |
| Direxion Daily Semiconductors Top 5 Bull 2X Shares | 78.79% | 12.88M | Sep 2025 | MAKX vs TSXU | |
| Invesco Semiconductors ETF | 73.04% | 2.34B | Jun 2005 | MAKX vs PSI | |
| VistaShares Artificial Intelligence Supercycle ETF | 68.71% | 921.07M | Dec 2024 | MAKX vs AIS | |
| Xtrackers Semiconductor Select Equity ETF | 68.49% | 97.12M | Jul 2023 | MAKX vs CHPS |
Lowest Volatility Alternatives to MAKX
MAKX has 33.62% 1-year volatility. There are 115 ETFs in the Technology Equities category with lower 1-year volatility, going as low as 13.91%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers US National Critical Technologies ETF | 13.91% | 133.23M | Nov 2023 | MAKX vs CRTC | |
| Clockwise U.S. Core Equity ETF | 14.19% | 19.49M | Jan 2022 | MAKX vs TIME | |
| Global X AgTech & Food Innovation ETF | 16.50% | 9.18M | Jul 2021 | MAKX vs KROP | |
| Goldman Sachs ETF Trust Goldman Sachs Innovate Equ... | 16.66% | 204.29M | Nov 2020 | MAKX vs GINN | |
| iShares Future Exponential Technologies ETF | 17.86% | 3.82B | Mar 2015 | MAKX vs XT |
Lowest Drawdown Alternatives to MAKX
MAKX has a 1-year max drawdown of -19.36%. There are 55 ETFs in the Technology Equities category with shallower 1-year drawdowns, going as shallow as -9.05%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers US National Critical Technologies ETF | -9.05% | 133.23M | Nov 2023 | MAKX vs CRTC | |
| ProShares S&P Technology Dividend Aristocrats ETF | -9.55% | 268.42M | Nov 2019 | MAKX vs TDV | |
| Global X AgTech & Food Innovation ETF | -9.67% | 9.18M | Jul 2021 | MAKX vs KROP | |
| iShares Future Exponential Technologies ETF | -10.45% | 3.82B | Mar 2015 | MAKX vs XT | |
| State Street Technology Select Sector SPDR Premium... | -11.21% | 11.77M | Jul 2025 | MAKX vs XLKI |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $33B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 36 | 23.06% | 32.83B | Feb 2010 | MAKX vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 39 | 18.94% | 12.76B | Jun 2006 | MAKX vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -29.42% | 1.41B | Oct 2021 | MAKX vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 50 | 21.72% | 5.15B | Jun 2009 | MAKX vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 54 | 16.14% | 7.81B | Jun 2006 | MAKX vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 47 | 10.84% | 11.68B | Oct 2013 | MAKX vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 52 | 50.25% | 2.47B | Jan 2007 | MAKX vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 2 | -34.61% | 2.00B | Feb 2010 | MAKX vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 44 | 10.08% | 394.37M | Mar 2024 | MAKX vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 2 | -35.24% | 244.68M | Oct 2011 | MAKX vs UVXY |
Often Compared With MAKX
Investors most often compare MAKX with BOTZ, SUPL, FIDU. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare MAKX with Any Fund or Stock
Compare MAKX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MAKX with funds that move differently
ProShares S&P Kensho Smart Factories ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MAKX.
Explore MAKX Diversifiers