Ultra MSCI Japan

ProShares Ultra MSCI Japan seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the MSCI Japan Index.

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Index/Benchmark Summary

The MSCI Japan Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in Japan.

As of 12/31/11

Fundamentals

Total Number
of Companies
Price/Earnings
Ratio
Price/Book
Ratio
Dividend Yield 1
(%)
Average
Index Market
Capitalization
 316 18.59  0.93 2.68 $6.53 billion  

1 = Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Top 10 Index Companies 2 Weight
Toyota Motor Corp. 4.49%
Mitsubishi UFJ Financial Group 2.64%
Canon Inc. 2.45%
Honda Motor Co. 2.43%
Sumitomo Mitsui Financial Group 1.83%
Takeda Pharmaceutical 1.69%
Mizuho Financial Group 1.50%
FANUC 1.43%
Mitsubishi Corp 1.39%
NTT DOCOMO 1.37%

2 = ProShares may invest in financial instruments (including derivatives) that, in combination, should have similar daily price return characteristics to the fund's benchmark.

Index Sector Weightings 3 Weight
Industrials 20.92%
Consumer Discretionary 19.15%
Financials 16.67%
Information Technology 12.71%
Materials 7.28%
Health Care 6.59%
Consumer Staples 6.30%
Telecommunication Services 4.75%
Utilities 3.83%
Energy 1.80%

3 = Sum of weightings may not equal 100% due to rounding.