UltraShort Homebuilders & Supplies - HBZ UltraShort Homebuilders & Supplies

ProShares UltraShort Homebuilders & Supplies seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Select Home Construction Index.

This Short ProShares ETF seeks a return that is -2x the return of an index or other benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings consistent with their strategies, as frequently as daily. For more on correlation, leverage and other risks, please read the prospectus.

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Important Notice
—This fund is being closed and liquidated. After the close of business on August 25, 2016, the fund will no longer accept creation orders. Trading in the fund on NYSE Arca will be suspended prior to market open on August 26, 2016. For more information, please read the Press Release or contact ProShares at 866-776-5125.

Fund Snapshot

Ticker HBZ
Intraday Ticker HBZ.IV
CUSIP 74347B649
Inception Date 6/22/15
Expense Ratio * 0.95%
NAV Calculation Time 4:00 p.m. ET
Distributions Quarterly

* With Contractual Waiver ending 9/30/16.

Price Information as of 8/29/16

NAV $14.41
NAV Change $0.00