RXL

Ultra Health Care

Investment Objective

ProShares Ultra Health Care seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Health Care Select Sector Index.

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Daily Return during Q2 2023

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
RXL Market Price 5.74% -1.02% -0.57% -4.41% 0.04% 16.58% 16.32% 20.14% 16.23% 01/30/2007
RXL NAV 5.57% -1.21% -0.29% -4.41% -0.10% 16.77% 16.37% 20.11% 16.24% 01/30/2007

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker RXL
  • Intraday Ticker RXL.IV
  • CUSIP 74347R735
  • Inception Date 1/30/07
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 1.02%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 5/26/2023
  • NAV $82.05
  • NAV Change $-0.30 down caret
  • Market Price $0.00
  • Market Price Change $0.00
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.18%
  • View Premium / Discount
Snapshot
  • Ticker RXL
  • Intraday Ticker RXL.IV
  • CUSIP 74347R735
  • Inception Date 1/30/07
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 1.02%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 5/26/2023
  • NAV $82.05
  • NAV Change $-0.30 down caret
  • Market Price $0.00
  • Market Price Change $0.00
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.18%
  • View Premium / Discount

The expense ratio above has a contractual waiver ending 9/30/23.

Exposures

Index as of 3/31/2023

Holdings

as of 5/26/2023

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
59.67% -- HEALTH CARE SELECT SECTOR INDEX SWAP UBS AG 47,731,179 -- 37,101 --
36.55% -- HEALTH CARE SELECT SECTOR INDEX SWAP BANK OF AMERICA NA 29,241,313 -- 22,729 --
20.92% -- HEALTH CARE SELECT SECTOR INDEX SWAP SOCIETE GENERALE 16,737,625 -- 13,010 --
7.06% UNH UNITEDHEALTH GROUP INC -- $5,651,118.72 11,736 2917766
6.34% JNJ JOHNSON & JOHNSON -- $5,069,471.40 32,844 2475833
5.27% LLY ELI LILLY & CO -- $4,217,875.74 9,906 2516152
4.42% MRK MERCK & CO. INC. -- $3,536,579.87 31,841 2778844
3.83% -- HEALTH CARE SELECT SECTOR INDEX SWAP BNP PARIBAS 3,063,204 -- 2,381 --
3.82% ABBV ABBVIE INC -- $3,055,620.28 22,213 B92SR70
3.31% PFE PFIZER INC -- $2,651,063.20 70,507 2684703
3.21% TMO THERMO FISHER SCIENTIFIC INC -- $2,571,470.52 4,926 2886907
2.85% -- HEALTH CARE SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL 2,279,713 -- 1,772 --
2.82% ABT ABBOTT LABORATORIES -- $2,252,853.00 21,900 2002305
2.39% DHR DANAHER CORP -- $1,911,784.93 8,233 2250870
2.13% BMY BRISTOL-MYERS SQUIBB CO -- $1,704,376.92 26,706 2126335
1.82% AMGN AMGEN INC -- $1,454,949.51 6,707 2023607
1.70% MDT MEDTRONIC PLC -- $1,361,033.68 16,708 BTN1Y11
1.69% ISRG INTUITIVE SURGICAL INC -- $1,350,666.90 4,401 2871301
1.67% ELV ELEVANCE HEALTH INC -- $1,337,670.00 3,000 BSPHGL4
1.51% GILD GILEAD SCIENCES INC -- $1,207,460.67 15,663 2369174
1.44% SYK STRYKER CORP -- $1,154,376.30 4,235 2853688
1.36% CVS CVS HEALTH CORP -- $1,090,965.56 16,129 2577609
1.33% VRTX VERTEX PHARMACEUTICALS INC -- $1,065,537.71 3,229 2931034
1.23% -- HEALTH CARE SELECT SECTOR INDEX SWAP CITIBANK NA 985,474 -- 766 --
1.22% REGN REGENERON PHARMACEUTICALS -- $978,817.50 1,350 2730190
1.21% ZTS ZOETIS INC -- $964,552.70 5,855 B95WG16
1.15% BSX BOSTON SCIENTIFIC CORP -- $918,620.46 17,991 2113434
1.14% CI THE CIGNA GROUP -- $915,863.20 3,752 BHJ0775
1.07% BDX BECTON DICKINSON AND CO -- $859,833.92 3,566 2087807
0.97% HUM HUMANA INC -- $779,662.00 1,570 2445063
0.88% HCA HCA HEALTHCARE INC -- $704,123.83 2,663 B4MGBG6
0.83% MCK MCKESSON CORP -- $667,274.00 1,720 2378534
0.80% EW EDWARDS LIFESCIENCES CORP -- $636,889.66 7,766 2567116
0.70% DXCM DEXCOM INC -- $558,452.70 4,854 B0796X4
0.68% BIIB BIOGEN INC -- $540,275.94 1,809 2455965
0.65% MRNA MODERNA INC -- $523,896.00 4,150 BGSXTS3
0.61% IDXX IDEXX LABORATORIES INC -- $487,697.60 1,040 2459202
0.58% IQV IQVIA HOLDINGS INC -- $465,316.85 2,333 BDR73G1
0.56% A AGILENT TECHNOLOGIES INC -- $447,480.72 3,716 2520153
0.54% CNC CENTENE CORP -- $433,896.96 6,918 2807061
0.50% RMD RESMED INC -- $397,486.80 1,845 2732903
0.48% ILMN ILLUMINA INC -- $387,078.64 1,976 2613990
0.47% MTD METTLER-TOLEDO INTERNATIONAL -- $374,796.82 278 2126249
0.45% GEHC GE HEALTHCARE TECHNOLOGY -- $357,797.66 4,562 BL6JPG8
0.43% ABC AMERISOURCEBERGEN CORP -- $342,209.12 2,032 2795393
0.42% ZBH ZIMMER BIOMET HOLDINGS INC -- $336,485.40 2,636 2783815
0.40% WST WEST PHARMACEUTICAL SERVICES -- $319,455.00 930 2950482
0.34% CAH CARDINAL HEALTH INC -- $268,037.88 3,236 2175672
0.33% BAX BAXTER INTERNATIONAL INC -- $261,861.18 6,342 2085102
0.33% ALGN ALIGN TECHNOLOGY INC -- $260,275.68 912 2679204
0.31% STE STERIS PLC -- $249,948.68 1,247 BFY8C75
0.31% HOLX HOLOGIC INC -- $244,755.91 3,097 2433530
0.30% LH LABORATORY CRP OF AMER HLDGS -- $239,962.80 1,113 2586122
0.30% PODD INSULET CORP -- $237,733.36 872 B1XGNW4
0.29% COO COOPER COS INC/THE -- $229,021.80 620 2222631
0.25% MOH MOLINA HEALTHCARE INC -- $200,404.02 734 2212706
0.24% WAT WATERS CORP -- $194,415.06 746 2937689
0.23% DGX QUEST DIAGNOSTICS INC -- $186,475.38 1,394 2702791
0.23% RVTY REVVITY INC -- $185,155.29 1,587 2305844
0.21% TECH BIO-TECHNE CORP -- $164,996.00 1,976 BSHZ3Q0
0.18% INCY INCYTE CORP -- $145,435.92 2,324 2471950
0.17% VTRS VIATRIS INC -- $138,763.52 15,232 BMWS3X9
0.17% TFX TELEFLEX INC -- $136,854.15 589 2881407
0.16% HSIC HENRY SCHEIN INC -- $127,588.76 1,703 2416962
0.16% CRL CHARLES RIVER LABORATORIES -- $124,042.68 639 2604336
0.13% UHS UNIVERSAL HEALTH SERVICES-B -- $103,151.88 806 2923785
0.13% BIO BIO-RAD LABORATORIES-A -- $102,330.00 270 2098508
0.12% XRAY DENTSPLY SIRONA INC -- $99,755.04 2,699 BYNPPC6
0.10% CTLT CATALENT INC -- $83,965.44 2,262 BP96PQ4
0.08% DVA DAVITA INC -- $65,053.20 690 2898087
0.08% OGN ORGANON & CO -- $62,430.30 3,195 BLDC8J4
-- -- NET OTHER ASSETS (LIABILITIES) -- $19,841,417.38 19,841,417 --

Index

as of 3/31/2023

  • Total Number of Companies65
  • Price/Earnings Ratio15.776
  • Price/Book Ratio4.679
  • Dividend Yield ( % )1.67
  • Avg. Index Market Capitalization$77.10 billion
About the Index

The Index represents the health care sector of the S&P 500 Index (“S&P 500”). The Index is one of eleven S&P Select Sector Indices, each designed to measure the performance of a sector of the S&P 500. The Index includes equity securities of companies from the following Global Industry Classification Standard (GICS®) industries: health care equipment & supplies, health care providers & services; health care technology; biotechnology; pharmaceuticals; and life sciences tools & services.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

Portfolio Hedging Series

Part I: The Significance of Portfolio Hedging

Investing involves risk. Market downturns will happen. Having a sound investment strategy can help smooth out the turbulence in your portfolio and save you from getting caught up in a herd mentality of selling low into a down market.
Read More
Get the latest perspectives and updates.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

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

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

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.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. Leveraged ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

The fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

Your use of this site signifies that you accept our Terms and Conditions of Use.