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ObjectiveProShares UltraShort Real Estate 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. Real Estate IndexSM. |
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This ETF is designed to meet daily objectives; results over longer periods may differ. There is no guarantee that any ProShares ETF will achieve its investment objective.
Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
UltraShort ProShares should lose money when their benchmark indexes rise—a result that is opposite from traditional ETFs. UltraShort ProShares entail certain risks, including inverse correlation, leverage, market price variance and short sale risks. In addition to the normal risks associated with investing, narrowly-focused investments typically exhibit higher volatility. These risks can increase volatility and decrease performance. ProShares are nondiversified and may be more susceptible to single issuer risk than a more diversified fund. Please see the prospectus for a more complete description of these risks.
"Dow Jones U.S. Real EstateSM" is a service mark of Dow Jones & Company, Inc. and has been licensed for use by ProShares. ProShares have not been passed on by this company as to their legality or suitability. ProShares based on Dow Jones U.S. Real Estate are not sponsored, endorsed, sold or promoted by Dow Jones, and it makes no representation regarding the advisability of trading in these products. The company makes no warranties and bears no liability with respect to the ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PROSHARES.
ProShares are distributed by SEI Investments Distribution Co.
Quote data provided by ComStock, a division of Interactive Data Corp, and subject to terms of use.
Carefully consider the investment objectives, risks, and charges and expenses of ProShares before investing. This and other information can be found in their prospectuses. Read the prospectus carefully before investing. For a ProShares prospectus, please download it now and seek advice from your financial advisor or broker dealer representative. Financial professionals can call ProShares at 866-PRO-5125.