UltraShort Industrials - SIJ UltraShort Industrials

ProShares Ultra Short Industrials 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. IndustrialsSM 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.

  • Considerations for Geared Investing – Learn More

Index/Benchmark Summary

The Dow Jones U.S. Industrials Index measures the performance of the industrial economic sector of the U.S. equity market. Component companies include building materials, heavy construction, factory equipment, heavy machinery, industrial services, pollution control, containers and packaging, industrial diversified, air freight, marine transportation, railroads, trucking, land-transportation equipment, shipbuilding, transportation services, advanced industrial equipment, electric components and equipment, and aerospace.

Fundamentals as of 9/29/17

Total Number of Companies 206
Price/Earnings Ratio 22.73
Price/Book Ratio 4.71
Dividend Yield *(%) 1.76
Average Index Market Capitalization $16 billion

* 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.

Index Holdings Information as of 9/29/17

Top 10 Index Companies Weight
General Electric Co. 6.57%
Boeing Co. 4.43%
3M Co. 3.93%
Honeywell International Inc. 3.39%
Union Pacific Corp. 2.91%
United Technologies Corp. 2.71%
Accenture PLC-Class A 2.62%
United Parcel Service Inc.-Class B 2.60%
Lockheed Martin Corp. 2.44%
Caterpillar Inc. 2.31%

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 § Weight
Capital Goods 58.18%
Software & Services 12.84%
Transportation 12.48%
Materials 6.01%
Technology Hardware & Equipment 4.74%
Commercial & Professional Services 4.20%
Pharmaceuticals, Biotechnology & Life Sciences 1.39%
Utilities 0.16%

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