CDS Short North American HY Credit ETF - WYDE CDS Short North American HY Credit ETF

ProShares CDS Short North American HY Credit ETF (WYDE) seeks to provide short exposure to the credit of North American high yield debt issuers.

To accomplish its objective, this actively managed ETF invests primarily in centrally cleared, index-based credit

default swaps and cash equivalents. Swaps are chosen for their ability to maintain broadly diversified exposure to their credit segment, offer greater relative liquidity, and provide greater sensitivity to changes in credit quality.

Fund Snapshot

Ticker WYDE
Intraday Ticker WYDE.IV
CUSIP 74347B870
Inception Date 8/5/14
Expense Ratio * 0.50%
NAV Calculation Time 3:00 p.m. ET
Distributions Quarterly

* With Contractual Waiver ending 9/30/17.

Fund Sectors as of 9/30/16

Consumer Discretionary 24.00%
Communications 14.00%
Financials 13.25%
Materials 11.88%
Energy 10.00%
Technology 6.00%
Health Care 6.00%
Consumer Staples 5.88%
Utilities 5.00%
Industrials 4.00%

Fund SEC Yields as of 11/30/16

SEC 30-Day Yield -0.37%
SEC 30-Day Yield (Unsubsidized) -0.91%

Fund Characteristics as of 10/31/16

Distribution Yield 0.00%
12-Month Yield 0.00%
Weighted Average CDS Spread 420.76 bps
Spread Duration 4.42

Price Information as of 12/9/16

NAV $34.49
NAV Change -$0.10
Market Price Closing $34.60
Market Price Closing Change $0.00
Daily Trading Volume 2