Key stats
About ProShares UltraShort Technology
Expense ratio
0.95%
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Inception date
Jan 30, 2007
REW aims to offer investors a means of playing out their bearish bets on the technology sector. The fund provides 2x leveraged inverse exposure to the S&P Technology Select Sector Indexa market-cap-weighted index of US tech companies as classified by S&P Dow Jones. The fund typically includes companies engaged in IT services, software, communications equipment, technology, hardware, storage & peripherals, electronic equipment, instruments, & components, and semiconductors & semiconductor equipment. As a geared product with daily resets, REW is designed to be a short-term trading vehiclenot a long-term investment. As a result, the funds long-term returns are difficult to predict due to compounding and path dependency. Prior to March 20, 2023, the fund provided exposure to the Dow Jones U.S. Technology Index.
Classification
What's in the fund
Exposure type
Government
Cash
Bonds, Cash & Other100.00%
Government103.55%
Cash13.30%
Miscellaneous−16.85%
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