The registration statements for ANTU and ANTY have been filed with the SEC but are not yet effective and may be changed. Shares may not be sold, nor may offers to buy be accepted, until each registration statement is effective.
These ProShares ETFs seek daily investment results that correspond, before fees and expenses, to two times (2x) the daily performance of a single stock for ANTU, or negative two times (-2x) for ANTY (each, the “Daily Target”). While each 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.
ANTU seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the common stock of Anthropic (NASDAQ: ANTH).
ANTU targets 2x the daily returns of Anthropic (ANTH), a frontier AI lab behind the Claude family of models, widely adopted by enterprise and consumer customers.
ANTU offers 2x exposure to Anthropic (ANTH) with less cash — and without fear of margin calls.
Buy and sell leveraged exposure via a single ticker in a brokerage account.
ANTY seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the common stock of Anthropic (NASDAQ: ANTH).
ANTY is designed to profit when the daily performance of Anthropic stock declines.
ANTY provides the opportunity to offset an expected decline in Anthropic stock.
Buy and sell inverse exposure via a single ticker in a brokerage account.
These ProShares ETFs seek daily investment results that correspond, before fees and expenses, to two times (2x) the daily performance of a single stock for ANTU, or negative two times (-2x) for ANTY (each, the “Daily Target”). While each 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.
Gross expense ratio reflects expenses before any fee waiver. Net expense ratio reflects expenses with contractual waiver through [DATE], where applicable.
Anthropic is a leading artificial intelligence (AI) company and the creator of Claude, a family of advanced large language models that power conversational AI, coding, writing, and analysis. It develops AI products—including the Claude app and an enterprise-ready API—used by individuals, developers, and organizations worldwide.
Here's the track record so far.
Anthropic's reported valuation increased from $61.5B in March 2025 to $965B in May 2026.
Anthropic projects approximately $190 billion to $200 billion in 2028 revenue.
Reported share of revenue from business customers.
At $2T, Anthropic would rank among the world's most valuable public companies.
Possible IPO timing as early as Fall 2026.
Only founded in 2021, and reportedly valued at $965B by May 2026.
Sources: 2,500+ employees: Fortune, 6/7/2026; Anthropic founders: Anthropic.com; Origin of the Claude name: New York Times, 10/25/2024; Run-rate revenue and valuation: Anthropic Funding Series Announcements and CNBC; Bloomberg, 8/31/2026; Financial Times, 8/14/2026; Anthropic IPO estimate: The Wall Street Journal; Historical IPO offer sizes: Bloomberg, 9/4/2026; 2028 Revenue Forecast: Reuters, 8/14/26.
Answers to common questions about ANTU, ANTY, and how to get 2x leveraged or short exposure to Anthropic (ANTH) stock.
