EQRR

Equities for Rising Rates ETF

EQRR invests in a portfolio of large-cap U.S. stocks designed to outperform during periods of rising interest rates.

How to Buy
Why EQRR?
Combat Rising Rates

EQRR targets sectors with the highest recent correlations to 10-Year U.S. Treasury yields and, within those sectors, the stocks that have tended to outperform as rates rise.

Diversification*

EQRR can be used to complement traditional large-cap equity investments.

Unique Offering

EQRR is the first U.S. equity ETF specifically designed to outperform traditional U.S. large-cap indexes during periods of rising interest rates.

Performance
About the Fund
Exposures
Holdings
Index
Distributions
View fund details
Documents & Downloads
ETF & Index
Fund Fact Sheet
This links to a pdf file This link opens a new window
Fund Profile
This links to a pdf file This link opens a new window
Attribution Report
This links to a pdf file This link opens a new window
Fund Methodology
This links to a pdf file This link opens a new window
NAV History
This links to a pdf file This link opens a new window
Prospectus & Regulatory
Summary Prospectus
Statutory Prospectus
SAI
Annual Report
Semi-Annual Report

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

Performance

Growth of $10,000

Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years

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.

Total Return

Month-End Total Returns as of 11/30/2025
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
EQRR NAV 1.28% 1.21% 11.68% 13.65% 3.87% 7.99% 14.37% -- 8.11% 07/24/2017
EQRR Market Price 1.29% 1.22% 11.66% 14.10% 3.86% 7.78% 13.94% -- 8.12% 07/24/2017
Nasdaq U.S. Large Cap Equities for Rising Rates Index 1.31% 1.31% 11.92% 14.05% 4.24% 8.37% 14.79% -- 8.52% --

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
    EQRR
  • Intraday Ticker
    EQRR.IV
  • CUSIP
    74347B391
  • Inception Date
    7/24/17
  • Expense Ratio
    0.35%
  • NAV Calculation Time
    4:00 p.m. ET
Characteristics
as of 11/30/2025
  • Number of Companies
    50
  • Price/Earnings Ratio
    16.29
  • Price/Book Ratio
    2.63

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Avg. Market Cap
    $81.62 billion

    Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.

Price
as of 1/02/2026
  • NAV
    $65.27
  • NAV Change
    $+0.92 up caret
  • Market Price
    $65.19
  • Market Price Change
    $+0.83 up caret
  • Trading Volume (M)
    862
  • 30-Day Median Bid Ask Spread
    0.19%
  • View Premium / Discount
Distributions
as of 11/30/2025
  • Distribution Frequency
    Quarterly
  • SEC 30-Day Yield
    1.51%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

  • 12-Month Yield
    1.84%

    12-Month Yield represents the sum of the funds dividends for the lost 12 months divided by the sum of the lost month's NAV and any capitol gain distributions mode over the post 12 months.

  • Distribution Details
Snapshot
  • Ticker
    EQRR
  • Intraday Ticker
    EQRR.IV
  • CUSIP
    74347B391
  • Inception Date
    7/24/17
  • Expense Ratio
    0.35%
  • NAV Calculation Time
    4:00 p.m. ET
Characteristics
as of 11/30/2025
  • Number of Companies
    50
  • Price/Earnings Ratio
    16.29
  • Price/Book Ratio
    2.63

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Avg. Market Cap
    $81.62 billion

    Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.

Price
as of 1/02/2026
  • NAV
    $65.27
  • NAV Change
    $+0.92 up caret
  • Market Price
    $65.19
  • Market Price Change
    $+0.83 up caret
  • Trading Volume (M)
    862
  • 30-Day Median Bid Ask Spread
    0.19%
  • View Premium / Discount
Distributions
as of 11/30/2025
  • Distribution Frequency
    Quarterly
  • SEC 30-Day Yield
    1.51%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

  • 12-Month Yield
    1.84%

    12-Month Yield represents the sum of the funds dividends for the lost 12 months divided by the sum of the lost month's NAV and any capitol gain distributions mode over the post 12 months.

  • Distribution Details

Exposures

Index as of 9/30/2025 and Fund as of 12/31/2025

Holdings

as of 12/31/2025

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
3.33% HAL HALLIBURTON CO -- $407,622.24 14,424 2405302
3.20% SLB SLB LTD -- $391,207.34 10,193 2779201
3.14% LUV SOUTHWEST AIRLINES CO -- $383,335.75 9,275 2831543
3.01% FANG DIAMONDBACK ENERGY INC -- $367,406.52 2,444 B7Y8YR3
2.99% DAL DELTA AIR LINES INC -- $365,946.20 5,273 B1W9D46
2.95% FOXA FOX CORP - CLASS A -- $360,673.52 4,936 BJJMGL2
2.90% MAR MARRIOTT INTERNATIONAL -CL A -- $354,604.32 1,143 2210614
2.82% CVX CHEVRON CORP -- $344,751.42 2,262 2838555
2.82% UAL UNITED AIRLINES HOLDINGS INC -- $344,741.06 3,083 B4QG225
2.82% COP CONOCOPHILLIPS -- $344,203.97 3,677 2685717
2.75% VLO VALERO ENERGY CORP -- $335,672.98 2,062 2041364
2.70% HLT HILTON WORLDWIDE HOLDINGS IN -- $330,624.75 1,151 BYVMW06
2.67% BKR BAKER HUGHES CO -- $326,385.18 7,167 BDHLTQ5
2.65% EOG EOG RESOURCES INC -- $324,165.87 3,087 2318024
2.57% OXY OCCIDENTAL PETROLEUM CORP -- $313,622.24 7,627 2655408
2.47% TTWO TAKE-TWO INTERACTIVE SOFTWRE -- $302,115.40 1,180 2122117
2.42% MPC MARATHON PETROLEUM CORP -- $296,311.86 1,822 B3K3L40
2.42% DECK DECKERS OUTDOOR CORP -- $295,770.51 2,853 2267278
2.41% BKNG BOOKING HOLDINGS INC -- $294,543.15 55 BDRXDB4
2.17% AIG AMERICAN INTERNATIONAL GROUP -- $265,033.90 3,098 2027342
2.16% WFC WELLS FARGO & CO -- $264,594.80 2,839 2649100
2.14% PRU PRUDENTIAL FINANCIAL INC -- $261,091.44 2,313 2819118
2.08% APO APOLLO GLOBAL MANAGEMENT INC -- $254,053.80 1,755 BN44JF6
2.07% LPLA LPL FINANCIAL HOLDINGS INC -- $253,590.70 710 B75JX34
2.05% UBER UBER TECHNOLOGIES INC -- $250,604.57 3,067 BK6N347
2.02% JPM JPMORGAN CHASE & CO -- $246,498.30 765 2190385
1.92% IBKR INTERACTIVE BROKERS GRO-CL A -- $234,924.43 3,653 B1WT4X2
1.91% MET METLIFE INC -- $233,346.64 2,956 2573209
1.80% RJF RAYMOND JAMES FINANCIAL INC -- $220,068.75 1,375 2718992
1.80% CRBG COREBRIDGE FINANCIAL INC -- $219,728.11 7,283 BMTX0G9
1.61% KDP KEURIG DR PEPPER INC -- $197,265.78 7,101 BD3W133
1.60% TSN TYSON FOODS INC-CL A -- $195,790.80 3,340 2909730
1.58% MCK MCKESSON CORP -- $193,588.44 236 2378534
1.55% CVS CVS HEALTH CORP -- $189,749.76 2,391 2577609
1.54% STZ CONSTELLATION BRANDS INC-A -- $188,315.40 1,365 2170473
1.49% CASY CASEY'S GENERAL STORES INC -- $182,394.30 330 2179414
1.46% CTVA CORTEVA INC -- $178,232.77 2,659 BK73B42
1.41% KR KROGER CO -- $172,632.24 2,763 2497406
1.41% ADM ARCHER-DANIELS-MIDLAND CO -- $171,837.61 2,989 2047317
1.30% MO ALTRIA GROUP INC -- $158,968.62 2,757 2692632
1.15% VRT VERTIV HOLDINGS CO-A -- $140,786.69 869 BL3LWS8
1.04% JBL JABIL INC -- $127,235.16 558 2471789
1.01% MRVL MARVELL TECHNOLOGY INC -- $123,390.96 1,452 BNKJSM5
0.99% CRDO CREDO TECHNOLOGY GROUP HOLDI -- $121,443.16 844 BLD13F2
0.98% APP APPLOVIN CORP-CLASS A -- $119,266.14 177 BMV3LG4
0.96% DDOG DATADOG INC - CLASS A -- $117,903.33 867 BKT9Y49
0.96% CRWD CROWDSTRIKE HOLDINGS INC - A -- $117,190.00 250 BJJP138
0.95% DELL DELL TECHNOLOGIES -C -- $116,187.24 923 BHKD3S6
0.82% HPQ HP INC -- $100,661.04 4,518 BYX4D52
0.75% ZS ZSCALER INC -- $91,992.28 409 BZ00V34
-- -- NET OTHER ASSETS (LIABILITIES) -- $33,486.81 33,487 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

as of 9/30/2025

  • Total Number of Companies50
  • Price/Earnings Ratio18.85
  • Price/Book Ratio3.02
  • Dividend Yield ( % )1.68
  • Avg. Index Market Capitalization$148.83 billion
About the Index

The Nasdaq U.S. Large Cap Equities for Rising Rates Index is designed to measure the performance of companies in the Nasdaq U.S. Large Cap Index whose stock prices have historically exhibited relatively high correlation tomovements in interest rates.

Distributions

For

2026
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital
Get the latest perspectives and updates.

*Diversification does not ensure a profit or guarantee against a loss.

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.

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.

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

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. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

The fund is designed to provide relative outperformance, as compared to traditional U.S. large-cap indexes, such as the S&P 500, during periods of rising U.S. Treasury interest rates. As a result, the fund may be more susceptible to underperformance in a falling rate environment. There can be no guarantee that the fund will provide positive returns or outperform other indexes.

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.

Nasdaq® is a registered trademark of Nasdaq, Inc. and is licensed for use by ProShare Advisors LLC. ProShares ETFs have not been passed on by Nasdaq, Inc. or its affiliates as to their legality or suitability. ProShares ETFs based on the Nasdaq U.S. Large Cap Equities for Rising Rates Index are not issued, sponsored, endorsed, sold, or promoted by Nasdaq, Inc. or its affiliates, and they make no representation regarding the advisability of investing in ProShares ETFs.THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

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.

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