Ultra Gold Miners - GDXX Ultra Gold Miners

ProShares Ultra Gold Miners seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the NYSE Arca Gold Miners Index.

This leveraged ProShares ETF seeks a return that is 2x 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.

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Index/Benchmark Summary

The NYSE Arca Gold Miners Index is a modified market-capitalization weighted index primarily composed of publicly traded companies involved in the mining for gold and silver. The weight of companies whose revenues are more significantly exposed to silver mining will not exceed 20% of the index at the time of the index's rebalance.

Fundamentals as of 3/29/19

Total Number of Companies 47
Price/Earnings Ratio 32.67
Price/Book Ratio 1.56
Dividend Yield *(%) 0.94
Average Index Market Capitalization $8.37 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 3/29/19

Top 10 Index Companies Weight
Barrick Gold Corp. 10.48%
Newmont Mining Corp. 8.32%
Franco-Nevada Corp. 6.10%
Newcrest Mining Ltd. 6.07%
Wheaton Precious Metals Corp. 5.35%
Goldcorp Inc. 5.30%
Agnico Eagle Mines Ltd. 4.95%
Kirkland Lake Gold Ltd. 3.90%
Royal Gold Inc. 3.86%
AngloGold Ashanti Ltd. 3.50%

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 3/29/19

Index Country Weightings § Weight
Canada 55.40%
Australia 16.39%
United States 14.28%
South Africa 6.17%
Peru 3.08%
China 2.22%
Ivory Coast 1.05%
Egypt 0.87%
Russia 0.54%

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