UltraShort Health Care - RXD UltraShort Health Care

ProShares UltraShort Health Care seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Health CareSM Index.

This short 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 Dow Jones U.S. Health Care Index measures the performance of the health care economic sector of the U.S. equity market. Component companies include health care providers, biotechnology companies and manufacturers of medical supplies, advanced medical devices and pharmaceuticals.

Fundamentals as of 6/28/19

Total Number of Companies 130
Price/Earnings Ratio 22.19
Price/Book Ratio 4.33
Dividend Yield *(%) 1.55
Average Index Market Capitalization $29.66 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 6/28/19

Top 10 Index Companies Weight
Johnson & Johnson 9.86%
Pfizer Inc. 6.42%
UnitedHealth Group Inc. 6.19%
Merck & Co. Inc. 5.76%
Abbott Laboratories 3.96%
Medtronic PLC 3.48%
Thermo Fisher Scientific Inc. 3.13%
Amgen Inc. 3.00%
AbbVie Inc. 2.87%
Eli Lilly and Co. 2.55%

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 6/28/19

Index Sector Weightings § Weight
Pharmaceuticals 30.97%
Health Care Equipment & Supplies 25.65%
Health Care Providers & Services 17.78%
Biotechnology 17.71%
Life Sciences Tools & Services 7.77%
Health Care Technology 0.13%

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