UltraShort Communication Services Select Sector - YCOM UltraShort Communication Services Select Sector

ProShares UltraShort Communication Services Select Sector seeks daily investment results, before fees and expenses, that correspond to twice the inverse (-2x) of the daily performance of the S&P Communication Services Select Sector 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, 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.

  • Read more about ProShares Communication Services Select Sector ETFs.
  • Learn More about considerations for geared investing.

Index/Benchmark Summary

The S&P Communication Services Select Sector Index is designed to measure the performance of the communication services sector of the S&P 500. It includes companies within the S&P 500 that have been identified by the Global Industry Classification Standard (GICS®) as part of diversified telecommunication services, wireless telecommunication services, media, entertainment, or interactive media and services industries.

Fundamentals as of 12/31/19

Total Number of Companies 26
Price/Earnings Ratio 22.23
Price/Book Ratio 3.61
Dividend Yield *(%) 0.90
Average Index Market Capitalization $112.5 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 12/31/19

Top 10 Index Companies Weight
Facebook Inc.-Class A 19.31%
Alphabet Inc.-Class A 11.17%
Alphabet Inc.-Class C 11.12%
Netflix Inc. 4.76%
Comcast Corp.-Class A 4.53%
Charter Communications Inc.-Class A 4.48%
AT&T Inc. 4.48%
Activision Blizzard Inc. 4.45%
Verizon Communications Inc. 4.43%
Walt Disney Co. 4.34%

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 12/31/19

Index Sector Weightings § Weight
Interactive Media & Services 44.67%
Media 21.37%
Entertainment 20.38%
Diversified Telecommunication Services 10.52%
Wireless Telecommunication Services 3.07%

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