Only from ProShares: Daily +3x and -3x ETFs for the most-traded1 broad U.S. indexes
ProShares is the one place to go for +3x and -3x exposure to the major U.S. indexes:
- NASDAQ-100®
- DJIA®
- S&P500®
- S&P MidCap 400™
- Russell 2000®
With our UltraPro ETFs, ProShares offers knowledgeable active investors the broadest selection of leveraged and inverse ETFs on these indexes1 — providing a variety of specialized tools for acting on views about near-term trends or market movements.
How ProShares UltraPro ETFs work
UltraPro ETFs seek to provide a return of 300%, or 3x, the return of an index for a single day (before fees and expenses). And UltraPro Short ETFs seek to provide a return of -300%, or -3x, the return of an index for a single day (before fees and expenses). For example:
- On an up day, when the market gains 1%, a 3x leveraged fund is designed to gain about 3% and a
-3x inverse fund is designed to lose about 3%. - But on a down day, when the market loses 1%, a 3x leveraged fund is designed to lose roughly 3% and a -3x inverse fund is designed to gain roughly 3%.
There is no guarantee any ProShares ETF will achieve its investment objective.
Most ProShares ETFs seek a return that is a multiple (e.g., 200%, -300%) of the return of an index or other benchmark (target) for a single day. Due to the compounding of daily returns, Ultra and Short ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. Investors should monitor holdings consistent with their strategies, as frequently as daily. For more on correlation, leverage and other risks, please read the prospectus.
UltraPro +3x and -3x ETFs may help an investor act on views about near-term market movements or trends, and may be more cost efficient than shorting, borrowing, or margining securities directly. Due to the high degree of leverage and daily objectives of the funds, they should be closely monitored.