UltraShort Technology
ProShares UltraShort Technology seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Technology IndexSM.
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Index/Benchmark Summary
The Dow Jones U.S. Technology Index measures the performance of the technology sector of the U.S. equity market. Component companies include those involved in computers and office equipment, software, communications technology, semiconductors, diversified technology services and Internet services. It is not possible to invest directly in an index.
As of 6/30/10
Fundamentals
| Total Number of Companies |
Price/Earnings Ratio |
Price/Book Ratio |
Dividend Yield 1 (%) |
Average Index Market Capitalization |
|---|---|---|---|---|
| 163 | 16.68 | 3.13 | 0.99 | $10.92 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 |
|---|---|
| Apple Inc. | 12.82% |
| Microsoft Corp. | 10.09% |
| International Business Machines Corp. | 8.90% |
| Cisco Systems Inc. | 6.91% |
| Google Inc.-Class A | 6.10% |
| Intel Corp. | 6.08% |
| Hewlett-Packard Co. | 5.70% |
| Oracle Corp. | 4.62% |
| Qualcomm Inc. | 3.03% |
| EMC Corp. | 2.10% |
2 = ProShares may invest in equity securities and/or financial instruments (including derivatives) that in combination, should have similar daily price return characteristics to the fund's benchmark.
| Index Sector Weightings 3 | Weight |
|---|---|
| Technology Hardware and Equipment | 57.12% |
| Software and Computer Services | 42.88% |
3 = Sum of weightings may not equal 100% due to rounding.