UltraPro Short Financial Select Sector - FINZ UltraPro Short Financial Select Sector

ProShares UltraPro Short Financial Select Sector seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the S&P Financial Select Sector Index.

This short ProShares ETF seeks a return that is -3x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily. For more on risks, please read the prospectus.

  • Read more about ProShares UltraPro and UltraPro Short ETFs.
  • Learn more about considerations for geared investing.

Index/Benchmark Summary

The S&P Financial Select Sector Index represents the financial industry group of the S&P 500®. The Index is one of 11 S&P Select Sector Indices, each designed to measure the performance of a sector of the S&P 500. The Index includes companies involved in banking, thrifts and mortgage finance, specialized finance, consumer finance, asset management and custody banks, investment banking and brokerage, and insurance.

Fundamentals as of 9/30/19

Total Number of Companies 67
Price/Earnings Ratio 13.31
Price/Book Ratio 1.42
Dividend Yield *(%) 2.07
Average Index Market Capitalization $51.58 billion

* Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Index Holdings Information as of 9/30/19

Top 10 Index Companies Weight
Berkshire Hathaway Inc.-Class B 12.76%
JPMorgan Chase & Co. 11.77%
Bank of America Corp. 7.64%
Wells Fargo & Co. 6.33%
Citigroup Inc. 4.88%
American Express Co. 2.52%
U.S. Bancorp 2.48%
CME Group Inc.-Class A 2.37%
Chubb Ltd. 2.30%
Goldman Sachs Group Inc. 2.10%

ProShares may invest in financial instruments (including derivatives) that, in combination, should have similar daily price return characteristics to the fund's benchmark.

Index Holdings as of 9/30/19

Index Sector Weightings § Weight
Banks 42.18%
Capital Markets 20.78%
Insurance 18.96%
Diversified Financial Services 12.76%
Consumer Finance 5.31%

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