RXL

Ultra Health Care

Investment Objective

ProShares Ultra Health Care seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Health Care Select Sector Index.

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Daily Return during Q1 2024

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker RXL
  • Intraday Ticker RXL.IV
  • CUSIP 74347R735
  • Inception Date 1/30/07
  • Gross Expense Ratio 1.08%
  • Net Expense Ratio 0.95%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 3/18/2024
  • NAV $102.31
  • NAV Change $-0.07 down caret
  • Market Price $102.24
  • Market Price Change $+0.10 up caret
  • Trading Volume (M) 2,128
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount
Snapshot
  • Ticker RXL
  • Intraday Ticker RXL.IV
  • CUSIP 74347R735
  • Inception Date 1/30/07
  • Expense Ratio 0.95%
  • Gross Expense Ratio 1.08%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 3/18/2024
  • NAV $102.31
  • NAV Change $-0.07 down caret
  • Market Price $102.24
  • Market Price Change $+0.10 up caret
  • Trading Volume (M) 2,128
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount

The expense ratio above has a contractual waiver ending 9/30/24.

Exposures

Index as of 12/29/2023

Holdings

as of 3/18/2024

Exposure Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
66.59% -- HEALTH CARE SELECT SECTOR INDEX SWAP UBS AG 61,997,070 -- 42,309 --
29.22% -- HEALTH CARE SELECT SECTOR INDEX SWAP BNP PARIBAS 27,207,554 -- 18,567 --
13.94% -- HEALTH CARE SELECT SECTOR INDEX SWAP BANK OF AMERICA NA 12,981,447 -- 8,859 --
10.36% -- HEALTH CARE SELECT SECTOR INDEX SWAP SOCIETE GENERALE 9,644,868 -- 6,582 --
8.17% LLY ELI LILLY & CO -- $7,609,821.48 9,978 2516152
6.54% -- HEALTH CARE SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL 6,092,884 -- 4,158 --
6.05% UNH UNITEDHEALTH GROUP INC -- $5,636,629.65 11,573 2917766
5.07% JNJ JOHNSON & JOHNSON -- $4,721,767.96 30,121 2475833
4.24% ABBV ABBVIE INC -- $3,943,022.59 22,091 B92SR70
4.14% MRK MERCK & CO. INC. -- $3,850,498.08 31,707 2778844
3.01% TMO THERMO FISHER SCIENTIFIC INC -- $2,803,961.70 4,834 2886907
2.62% ABT ABBOTT LABORATORIES -- $2,442,421.68 21,722 2002305
2.22% DHR DANAHER CORP -- $2,069,346.63 8,229 2250870
2.10% PFE PFIZER INC -- $1,958,418.00 70,650 2684703
1.95% AMGN AMGEN INC -- $1,813,404.60 6,694 2023607
1.86% ISRG INTUITIVE SURGICAL INC -- $1,730,668.96 4,408 2871301
1.61% ELV ELEVANCE HEALTH INC -- $1,503,222.00 2,940 BSPHGL4
1.61% SYK STRYKER CORP -- $1,498,112.48 4,231 2853688
1.50% MDT MEDTRONIC PLC -- $1,391,851.42 16,637 BTN1Y11
1.42% VRTX VERTEX PHARMACEUTICALS INC -- $1,326,289.12 3,224 2931034
1.41% BMY BRISTOL-MYERS SQUIBB CO -- $1,313,481.40 25,460 2126335
1.39% CI THE CIGNA GROUP -- $1,290,625.80 3,660 BHJ0775
1.36% REGN REGENERON PHARMACEUTICALS -- $1,269,014.24 1,322 2730190
1.32% BSX BOSTON SCIENTIFIC CORP -- $1,232,576.44 18,331 2113434
1.31% CVS CVS HEALTH CORP -- $1,221,417.22 15,746 2577609
1.23% GILD GILEAD SCIENCES INC -- $1,142,196.66 15,591 2369174
1.21% -- HEALTH CARE SELECT SECTOR INDEX SWAP CITIBANK NA 1,122,450 -- 766 --
1.05% ZTS ZOETIS INC -- $980,614.05 5,745 B95WG16
0.94% MCK MCKESSON CORP -- $870,843.24 1,644 2378534
0.92% BDX BECTON DICKINSON AND CO -- $859,357.80 3,615 2087807
0.87% HCA HCA HEALTHCARE INC -- $810,727.26 2,478 B4MGBG6
0.76% EW EDWARDS LIFESCIENCES CORP -- $704,638.65 7,589 2567116
0.70% DXCM DEXCOM INC -- $649,889.28 4,824 B0796X4
0.62% IQV IQVIA HOLDINGS INC -- $579,839.08 2,284 BDR73G1
0.59% IDXX IDEXX LABORATORIES INC -- $550,472.59 1,039 2459202
0.58% A AGILENT TECHNOLOGIES INC -- $535,712.03 3,667 2520153
0.57% HUM HUMANA INC -- $530,853.51 1,529 2445063
0.55% CNC CENTENE CORP -- $515,109.76 6,688 2807061
0.53% COR CENCORA INC -- $495,850.32 2,072 2795393
0.49% GEHC GE HEALTHCARE TECHNOLOGY -- $459,483.31 5,071 BL6JPG8
0.46% MRNA MODERNA INC -- $432,783.26 4,151 BGSXTS3
0.43% BIIB BIOGEN INC -- $397,772.20 1,813 2455965
0.39% WST WEST PHARMACEUTICAL SERVICES -- $366,436.72 926 2950482
0.38% RMD RESMED INC -- $351,366.40 1,840 2732903
0.38% MTD METTLER-TOLEDO INTERNATIONAL -- $351,359.73 269 2126249
0.36% CAH CARDINAL HEALTH INC -- $335,216.88 3,043 2175672
0.35% ZBH ZIMMER BIOMET HOLDINGS INC -- $329,385.40 2,615 2783815
0.32% MOH MOLINA HEALTHCARE INC -- $297,914.10 726 2212706
0.31% STE STERIS PLC -- $284,280.00 1,236 BFY8C75
0.30% ALGN ALIGN TECHNOLOGY INC -- $281,680.74 891 2679204
0.28% BAX BAXTER INTERNATIONAL INC -- $263,945.16 6,354 2085102
0.28% ILMN ILLUMINA INC -- $258,588.18 1,987 2613990
0.28% WAT WATERS CORP -- $256,979.80 740 2937689
0.27% COO COOPER COS INC/THE -- $250,739.34 2,487 BQPDXR3
0.24% HOLX HOLOGIC INC -- $224,239.95 2,937 2433530
0.24% LH LABORATORY CRP OF AMER HLDGS -- $222,531.48 1,062 2586122
0.19% DGX QUEST DIAGNOSTICS INC -- $177,986.46 1,389 2702791
0.19% VTRS VIATRIS INC -- $176,529.36 15,011 BMWS3X9
0.18% CRL CHARLES RIVER LABORATORIES -- $168,287.46 642 2604336
0.17% RVTY REVVITY INC -- $160,823.04 1,544 2305844
0.16% PODD INSULET CORP -- $150,048.32 874 B1XGNW4
0.15% TECH BIO-TECHNE CORP -- $141,387.96 1,967 BSHZ3Q0
0.15% UHS UNIVERSAL HEALTH SERVICES-B -- $135,279.90 763 2923785
0.14% INCY INCYTE CORP -- $133,430.18 2,327 2471950
0.14% TFX TELEFLEX INC -- $127,284.36 588 2881407
0.14% CTLT CATALENT INC -- $126,525.56 2,261 BP96PQ4
0.13% HSIC HENRY SCHEIN INC -- $120,616.68 1,626 2416962
0.10% DVA DAVITA INC -- $92,351.48 674 2898087
0.09% XRAY DENTSPLY SIRONA INC -- $87,429.98 2,651 BYNPPC6
0.09% BIO BIO-RAD LABORATORIES-A -- $87,358.66 262 2098508
-- -- TREASURY BILL -- $9,797,797.90 10,000,000 BRYQ9Y9
-- -- NET OTHER ASSETS (LIABILITIES) -- $16,199,643.49 16,199,643 --

Index

as of 12/29/2023

  • Total Number of Companies64
  • Price/Earnings Ratio19.578
  • Price/Book Ratio4.791
  • Dividend Yield ( % )1.66
  • Avg. Index Market Capitalization$81.51 billion
About the Index

The Index represents the health care sector of the S&P 500 Index (“S&P 500”). The Index is one of eleven S&P Select Sector Indices, each designed to measure the performance of a sector of the S&P 500. The Index includes equity securities of companies from the following Global Industry Classification Standard (GICS®) industries: health care equipment & supplies, health care providers & services; health care technology; biotechnology; pharmaceuticals; and life sciences tools & services.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

Portfolio Hedging Series

Part I: The Significance of Portfolio Hedging

Investing involves risk. Market downturns will happen. Having a sound investment strategy can help smooth out the turbulence in your portfolio and save you from getting caught up in a herd mentality of selling low into a down market.
Read More
Get the latest perspectives and updates.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

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

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 2x the daily performance of its underlying benchmark (the “Daily Target”). While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target. The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

There is no guarantee that capital gain distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. Leveraged ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

The fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

Your use of this site signifies that you accept our Terms and Conditions of Use.