Ultra Health Care - RXL Ultra Health Care

ProShares Ultra Health Care seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Health CareSM 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, holding periods of greater than one day can result in returns that are significantly different than the target return and 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. Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.

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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 9/30/20

Total Number of Companies 122
Price/Earnings Ratio 24.79
Price/Book Ratio 4.63
Dividend Yield *(%) 1.50
Average Index Market Capitalization $36.96 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 9/30/20

Top 10 Index Companies Weight
Johnson & Johnson 8.98%
UnitedHealth Group Inc. 6.78%
Merck & Co Inc. 4.80%
Pfizer Inc. 4.67%
Abbott Laboratories 4.41%
Thermo Fisher Scientific Inc. 4.00%
AbbVie Inc. 3.54%
Amgen Inc. 3.41%
Medtronic plc 3.20%
Danaher Corp. 3.11%

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 9/30/20

Index Sector Weightings § Weight
Pharmaceuticals 27.60%
Health Care Equipment & Supplies 27.24%
Biotechnology 18.17%
Health Care Providers & Services 17.61%
Life Sciences Tools & Services 8.97%
Health Care Technology 0.41%

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