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 Q1 2024

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 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
RXL Market Price 5.71% 25.90% 7.55% 5.71% 6.02% 7.03% 13.83% 16.87% 15.92% 01/30/2007
RXL NAV 5.43% 25.66% 7.06% 5.43% 5.47% 7.16% 13.86% 16.86% 15.91% 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
  • Gross Expense Ratio 1.08%
  • Net Expense Ratio 0.95%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 2/22/2024
  • NAV $105.40
  • NAV Change $+2.43 up caret
  • Market Price $105.48
  • Market Price Change $+2.52 up caret
  • Trading Volume (M) 3,544
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount
Snapshot
  • Ticker RXL
  • Intraday Ticker RXL.IV
  • CUSIP 74347R735
  • Inception Date 1/30/07
  • Expense Ratio 0.95%
  • Gross Expense Ratio 1.08%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 2/22/2024
  • NAV $105.40
  • NAV Change $+2.43 up caret
  • Market Price $105.48
  • Market Price Change $+2.52 up caret
  • Trading Volume (M) 3,544
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount

The expense ratio above has a contractual waiver ending 9/30/24.

Exposures

Index as of 12/29/2023

Holdings

as of 2/22/2024

Exposure Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
65.63% -- HEALTH CARE SELECT SECTOR INDEX SWAP UBS AG 62,948,277 -- 42,376 --
32.78% -- HEALTH CARE SELECT SECTOR INDEX SWAP BNP PARIBAS 31,444,429 -- 21,168 --
11.90% -- HEALTH CARE SELECT SECTOR INDEX SWAP BANK OF AMERICA NA 11,409,895 -- 7,681 --
10.19% -- HEALTH CARE SELECT SECTOR INDEX SWAP SOCIETE GENERALE 9,777,364 -- 6,582 --
8.11% LLY ELI LILLY & CO -- $7,781,830.04 10,111 2516152
6.44% -- HEALTH CARE SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL 6,176,584 -- 4,158 --
6.44% UNH UNITEDHEALTH GROUP INC -- $6,174,792.00 11,728 2917766
5.11% JNJ JOHNSON & JOHNSON -- $4,897,736.25 30,525 2475833
4.33% MRK MERCK & CO. INC. -- $4,152,736.02 32,127 2778844
4.13% ABBV ABBVIE INC -- $3,956,902.25 22,387 B92SR70
2.86% TMO THERMO FISHER SCIENTIFIC INC -- $2,745,840.51 4,899 2886907
2.73% ABT ABBOTT LABORATORIES -- $2,619,035.10 22,005 2002305
2.20% DHR DANAHER CORP -- $2,107,515.47 8,339 2250870
2.06% PFE PFIZER INC -- $1,972,524.90 71,598 2684703
2.02% AMGN AMGEN INC -- $1,935,231.48 6,786 2023607
1.81% ISRG INTUITIVE SURGICAL INC -- $1,736,853.12 4,464 2871301
1.59% ELV ELEVANCE HEALTH INC -- $1,525,754.43 2,979 BSPHGL4
1.58% SYK STRYKER CORP -- $1,513,954.05 4,287 2853688
1.50% MDT MEDTRONIC PLC -- $1,435,132.32 16,872 BTN1Y11
1.45% VRTX VERTEX PHARMACEUTICALS INC -- $1,394,290.26 3,267 2931034
1.38% BMY BRISTOL-MYERS SQUIBB CO -- $1,324,365.33 25,801 2126335
1.37% REGN REGENERON PHARMACEUTICALS -- $1,310,320.62 1,358 2730190
1.32% CI THE CIGNA GROUP -- $1,269,413.60 3,710 BHJ0775
1.31% CVS CVS HEALTH CORP -- $1,255,727.70 16,287 2577609
1.29% BSX BOSTON SCIENTIFIC CORP -- $1,239,161.58 18,567 2113434
1.20% GILD GILEAD SCIENCES INC -- $1,149,924.00 15,800 2369174
1.19% ZTS ZOETIS INC -- $1,144,954.52 5,822 B95WG16
1.19% -- HEALTH CARE SELECT SECTOR INDEX SWAP CITIBANK NA 1,137,870 -- 766 --
0.93% BDX BECTON DICKINSON AND CO -- $896,277.98 3,679 2087807
0.90% MCK MCKESSON CORP -- $860,876.10 1,687 2378534
0.82% HCA HCA HEALTHCARE INC -- $785,854.08 2,512 B4MGBG6
0.70% EW EDWARDS LIFESCIENCES CORP -- $673,885.42 7,691 2567116
0.63% IDXX IDEXX LABORATORIES INC -- $602,160.74 1,054 2459202
0.60% DXCM DEXCOM INC -- $575,867.50 4,901 B0796X4
0.60% HUM HUMANA INC -- $574,572.88 1,561 2445063
0.60% IQV IQVIA HOLDINGS INC -- $574,300.26 2,322 BDR73G1
0.57% CNC CENTENE CORP -- $542,394.18 6,774 2807061
0.52% COR CENCORA INC -- $495,521.60 2,114 2795393
0.51% A AGILENT TECHNOLOGIES INC -- $489,794.20 3,710 2520153
0.47% GEHC GE HEALTHCARE TECHNOLOGY -- $450,294.32 5,138 BL6JPG8
0.44% MRNA MODERNA INC -- $418,244.64 4,206 BGSXTS3
0.43% BIIB BIOGEN INC -- $408,695.76 1,837 2455965
0.36% RMD RESMED INC -- $341,481.50 1,865 2732903
0.36% ZBH ZIMMER BIOMET HOLDINGS INC -- $340,631.00 2,650 2783815
0.35% WST WEST PHARMACEUTICAL SERVICES -- $337,586.20 938 2950482
0.35% CAH CARDINAL HEALTH INC -- $334,843.75 3,125 2175672
0.34% MTD METTLER-TOLEDO INTERNATIONAL -- $328,014.50 275 2126249
0.31% MOH MOLINA HEALTHCARE INC -- $298,762.92 739 2212706
0.31% STE STERIS PLC -- $295,745.59 1,253 BFY8C75
0.30% ALGN ALIGN TECHNOLOGY INC -- $285,853.68 903 2679204
0.28% ILMN ILLUMINA INC -- $272,997.70 2,014 2613990
0.28% BAX BAXTER INTERNATIONAL INC -- $270,250.33 6,433 2085102
0.26% WAT WATERS CORP -- $247,912.50 750 2937689
0.26% -- COOPER COS INC/THE COMMON STOCK USD 0.1 -- $245,623.36 2,512 --
0.25% HOLX HOLOGIC INC -- $235,683.28 3,106 2433530
0.24% LH LABORATORY CRP OF AMER HLDGS -- $234,538.29 1,077 2586122
0.21% VTRS VIATRIS INC -- $203,232.32 15,212 BMWS3X9
0.19% DGX QUEST DIAGNOSTICS INC -- $178,734.84 1,426 2702791
0.18% PODD INSULET CORP -- $174,666.04 886 B1XGNW4
0.17% RVTY REVVITY INC -- $163,339.05 1,565 2305844
0.17% CRL CHARLES RIVER LABORATORIES -- $160,485.00 650 2604336
0.15% TECH BIO-TECHNE CORP -- $143,878.80 2,005 BSHZ3Q0
0.15% INCY INCYTE CORP -- $143,686.69 2,359 2471950
0.15% TFX TELEFLEX INC -- $141,669.20 596 2881407
0.14% CTLT CATALENT INC -- $133,502.40 2,286 BP96PQ4
0.13% HSIC HENRY SCHEIN INC -- $127,644.48 1,656 2416962
0.13% UHS UNIVERSAL HEALTH SERVICES-B -- $127,315.26 774 2923785
0.09% XRAY DENTSPLY SIRONA INC -- $90,169.02 2,686 BYNPPC6
0.09% BIO BIO-RAD LABORATORIES-A -- $89,694.55 265 2098508
0.09% DVA DAVITA INC -- $83,920.21 683 2898087
-- -- NET OTHER ASSETS (LIABILITIES) -- $26,890,015.58 26,890,016 --

Index

as of 12/29/2023

  • Total Number of Companies64
  • Price/Earnings Ratio19.578
  • Price/Book Ratio4.791
  • Dividend Yield ( % )1.66
  • Avg. Index Market Capitalization$81.51 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

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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 ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 2x the daily performance of its underlying benchmark (the “Daily Target”). While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target. The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

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 capital gain 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 are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

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