Equities for Rising Rates ETF - EQRR Equities for Rising Rates ETF

ProShares Equities for Rising Rates ETF seeks investment results, before fees and expenses, that track the performance of the Nasdaq U.S. Large Cap Equities for Rising Rates Index. The goal of the fund is 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.

  • The first U.S. equity ETF specifically designed to outperform traditional U.S. large-cap indexes during periods of rising interest rates.
  • Targets sectors that have had the highest correlations to 10-Year U.S. Treasury yields and within those sectors, the stocks that have had a strong tendency to outperform as rates rise.
  • Can be used to complement traditional large-cap equity investments.
  • Learn more about equities for rising rates.

Index/Benchmark Summary

The index takes the 500 largest listed U.S. stocks and selects the five U.S. large-cap sectors that have demonstrated the highest correlation to weekly changes in 10-Year U.S. Treasury yields over the last three years. The index then identifies the top ten stocks in each sector that have the highest correlation of relative performance—compared with 500 of the largest listed U.S. stocks—to changes in the 10-year yields. The process is repeated quarterly to maintain a portfolio of 50 stocks.

Fundamentals as of 9/30/19

Total Number of Companies 50
Price/Earnings Ratio 10.89
Price/Book Ratio 1.49
Dividend Yield (%) 2.52
Average Index Market Capitalization $47.69 billion

Index Holdings as of 12/31/18

Index Sector Weightings § Weight
Financials 32.27%
Industrials 25.27%
Oil & Gas 18.47%
Basic Materials 15.10%
Telecommunications 8.88%

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