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 Dow Jones U.S. Health CareSM Index.

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

Performance

Daily Return during Q1 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 -4.08% 22.81% 8.61% -15.26% -15.26% 14.37% 16.77% 24.98% 16.92% 01/30/2007
RXL NAV -4.45% 23.07% 8.66% -15.13% -15.13% 14.37% 16.97% 24.99% 16.93% 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 1/30/2023
  • NAV $89.23
  • NAV Change $-1.84 down caret
  • Market Price $89.46
  • Market Price Change $-1.57 down caret
  • Trading Volume (M) 14,979
  • 30-Day Median Bid Ask Spread 0.20%
  • 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 1/30/2023
  • NAV $89.23
  • NAV Change $-1.84 down caret
  • Market Price $89.46
  • Market Price Change $-1.57 down caret
  • Trading Volume (M) 14,979
  • 30-Day Median Bid Ask Spread 0.20%
  • View Premium / Discount

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

Exposures

Index as of 12/30/2022

Holdings

as of 1/30/2023

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
34.50% -- DJ U.S. HEALTH CARE INDEX SWAP CITIBANK NA 31,554,926 -- 22,492 --
30.46% -- DJ U.S. HEALTH CARE INDEX SWAP BANK OF AMERICA NA 27,858,180 -- 19,857 --
21.46% -- DJ U.S. HEALTH CARE INDEX SWAP UBS AG 19,631,339 -- 13,993 --
19.16% -- DJ U.S. HEALTH CARE INDEX SWAP GOLDMAN SACHS INTERNATIONAL 17,522,721 -- 12,490 --
7.53% UNH UNITEDHEALTH GROUP INC -- $6,884,130.09 14,171 2917766
7.02% JNJ JOHNSON & JOHNSON -- $6,424,758.00 39,659 2475833
5.39% -- DJ U.S. HEALTH CARE INDEX SWAP SOCIETE GENERALE 4,934,140 -- 3,517 --
4.46% MRK MERCK & CO. INC. -- $4,079,372.68 38,452 2778844
4.45% LLY ELI LILLY & CO -- $4,072,720.50 11,961 2516152
4.27% ABBV ABBVIE INC -- $3,909,100.35 26,839 B92SR70
4.05% PFE PFIZER INC -- $3,708,238.95 85,149 2684703
3.67% TMO THERMO FISHER SCIENTIFIC INC -- $3,356,961.21 5,949 2886907
3.18% ABT ABBOTT LABORATORIES -- $2,905,023.55 26,455 2002305
2.85% DHR DANAHER CORP -- $2,610,421.25 9,935 2250870
2.54% BMY BRISTOL-MYERS SQUIBB CO -- $2,322,679.38 32,246 2126335
2.23% AMGN AMGEN INC -- $2,036,117.87 8,093 2023607
1.94% ELV ELEVANCE HEALTH INC -- $1,771,447.76 3,622 BSPHGL4
1.90% CVS CVS HEALTH CORP -- $1,735,864.05 19,941 2577609
1.82% MDT MEDTRONIC PLC -- $1,664,730.22 20,159 BTN1Y11
1.73% GILD GILEAD SCIENCES INC -- $1,585,483.70 19,022 2369174
1.57% CI CIGNA CORP -- $1,439,139.32 4,637 BHJ0775
1.42% ISRG INTUITIVE SURGICAL INC -- $1,298,595.03 5,361 2871301
1.39% SYK STRYKER CORP -- $1,274,899.86 5,109 2853688
1.36% VRTX VERTEX PHARMACEUTICALS INC -- $1,245,362.16 3,892 2931034
1.31% REGN REGENERON PHARMACEUTICALS -- $1,196,747.50 1,625 2730190
1.27% ZTS ZOETIS INC -- $1,164,758.40 7,072 B95WG16
1.18% BDX BECTON DICKINSON AND CO -- $1,081,812.25 4,325 2087807
1.09% BSX BOSTON SCIENTIFIC CORP -- $995,084.82 21,722 2113434
1.02% HUM HUMANA INC -- $930,542.29 1,919 2445063
0.99% MRNA MODERNA INC -- $905,977.83 5,009 BGSXTS3
0.89% HCA HCA HEALTHCARE INC -- $814,866.10 3,217 B4MGBG6
0.89% MCK MCKESSON CORP -- $814,562.19 2,151 2378534
0.78% EW EDWARDS LIFESCIENCES CORP -- $713,138.56 9,376 2567116
0.74% A AGILENT TECHNOLOGIES INC -- $681,160.86 4,489 2520153
0.70% CNC CENTENE CORP -- $641,598.30 8,589 2807061
0.70% IQV IQVIA HOLDINGS INC -- $637,430.76 2,817 BDR73G1
0.68% BIIB BIOGEN INC -- $624,492.96 2,184 2455965
0.68% DXCM DEXCOM INC -- $617,960.42 5,858 B0796X4
0.66% IDXX IDEXX LABORATORIES INC -- $606,102.25 1,255 2459202
0.56% MTD METTLER-TOLEDO INTERNATIONAL -- $507,997.17 337 2126249
0.55% ILMN ILLUMINA INC -- $501,088.50 2,385 2613990
0.54% -- DJ U.S. HEALTH CARE INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC 496,641 -- 354 --
0.54% RMD RESMED INC -- $494,861.62 2,222 2732903
0.46% ALNY ALNYLAM PHARMACEUTICALS INC -- $420,596.40 1,866 B00FWN1
0.44% ZBH ZIMMER BIOMET HOLDINGS INC -- $400,265.23 3,181 2783815
0.43% GEHC GE HEALTHCARE TECHNOLOGY -- $393,464.50 5,503 BL6JPG8
0.41% HZNP HORIZON THERAPEUTICS PLC -- $378,131.80 3,436 BQPVQZ6
0.38% BAX BAXTER INTERNATIONAL INC -- $345,050.16 7,644 2085102
0.37% LH LABORATORY CRP OF AMER HLDGS -- $337,505.28 1,344 2586122
0.35% BMRN BIOMARIN PHARMACEUTICAL INC -- $323,339.30 2,819 2437071
0.34% HOLX HOLOGIC INC -- $310,937.75 3,785 2433530
0.34% STE STERIS PLC -- $307,690.22 1,514 BFY8C75
0.33% PODD INSULET CORP -- $301,368.60 1,053 B1XGNW4
0.32% WST WEST PHARMACEUTICAL SERVICES -- $294,023.86 1,123 2950482
0.32% ALGN ALIGN TECHNOLOGY INC -- $293,199.46 1,103 2679204
0.32% WAT WATERS CORP -- $291,888.00 900 2937689
0.32% SGEN SEAGEN INC -- $291,858.30 2,085 BLPK4D2
0.29% MOH MOLINA HEALTHCARE INC -- $268,183.34 886 2212706
0.28% COO COOPER COS INC/THE -- $255,296.65 749 2222631
0.28% DGX QUEST DIAGNOSTICS INC -- $251,873.28 1,728 2702791
0.26% AVTR AVANTOR INC -- $240,492.00 10,225 BJLT387
0.26% INCY INCYTE CORP -- $234,136.35 2,799 2471950
0.24% VTRS VIATRIS INC -- $219,600.48 18,392 BMWS3X9
0.24% RPRX ROYALTY PHARMA PLC- CL A -- $217,118.16 5,619 BMVP7Y0
0.20% TECH BIO-TECHNE CORP -- $187,258.40 2,380 BSHZ3Q0
0.20% CRL CHARLES RIVER LABORATORIES -- $184,862.67 771 2604336
0.20% UTHR UNITED THERAPEUTICS CORP -- $178,509.90 690 2430412
0.20% EXAS EXACT SCIENCES CORP -- $178,502.16 2,696 2719951
0.19% HSIC HENRY SCHEIN INC -- $175,441.53 2,057 2416962
0.19% TFX TELEFLEX INC -- $171,620.48 712 2881407
0.18% SRPT SAREPTA THERAPEUTICS INC -- $160,864.66 1,331 B8DPDT7
0.17% NBIX NEUROCRINE BIOSCIENCES INC -- $157,995.11 1,459 2623911
0.17% BIO BIO-RAD LABORATORIES-A -- $151,813.02 327 2098508
0.16% JAZZ JAZZ PHARMACEUTICALS PLC -- $146,850.35 955 B4Q5ZN4
0.16% PEN PENUMBRA INC -- $144,250.00 577 BZ0V201
0.16% CTLT CATALENT INC -- $143,438.24 2,728 BP96PQ4
0.15% RGEN REPLIGEN CORP -- $141,253.28 784 2731654
0.15% UHS UNIVERSAL HEALTH SERVICES-B -- $141,095.52 972 2923785
0.14% MASI MASIMO CORP -- $124,661.31 733 B1YWR63
0.14% NVCR NOVOCURE LTD -- $124,223.06 1,369 BYSS4X4
0.13% XRAY DENTSPLY SIRONA INC -- $119,051.27 3,259 BYNPPC6
0.12% OGN ORGANON & CO -- $114,051.49 3,857 BLDC8J4
0.12% CHE CHEMED CORP -- $113,086.86 227 2190084
0.12% ACHC ACADIA HEALTHCARE CO INC -- $112,951.99 1,381 B65VZ37
0.12% BRKR BRUKER CORP -- $105,886.60 1,517 2616137
0.11% HALO HALOZYME THERAPEUTICS INC -- $105,000.48 2,054 2975098
0.11% SWAV SHOCKWAVE MEDICAL INC -- $101,208.15 549 BHLNZ89
0.10% NVST ENVISTA HOLDINGS CORP -- $93,888.30 2,474 BK63SF3
0.10% EHC ENCOMPASS HEALTH CORP -- $92,263.16 1,514 BYX2YJ7
0.10% ELAN ELANCO ANIMAL HEALTH INC -- $91,611.55 6,761 BF5L3T2
0.09% GMED GLOBUS MEDICAL INC - A -- $86,809.00 1,175 B7D65M0
0.09% THC TENET HEALTHCARE CORP -- $86,457.25 1,639 B8DMK08
0.09% EXEL EXELIXIS INC -- $85,141.44 4,896 2576941
0.09% IONS IONIS PHARMACEUTICALS INC -- $84,562.20 2,155 BDJ0LS6
0.09% MEDP MEDPACE HOLDINGS INC -- $82,068.88 382 BDCBC61
0.08% PRGO PERRIGO CO PLC -- $76,329.96 2,042 BGH1M56
0.08% HQY HEALTHEQUITY INC -- $76,030.58 1,283 BP8XZL1
0.08% APLS APELLIS PHARMACEUTICALS INC -- $75,154.50 1,425 BYTQ6X1
0.08% LHCG LHC GROUP INC -- $74,075.68 472 B06DT50
0.08% ALKS ALKERMES PLC -- $71,744.68 2,492 B3P6D26
0.08% NTRA NATERA INC -- $69,434.92 1,654 BYQRG48
0.08% QDEL QUIDELORTHO CORP -- $69,117.44 812 BM9VY27
0.07% TDOC TELADOC HEALTH INC -- $68,371.75 2,455 BYQRFY1
0.07% DVA DAVITA INC -- $67,389.70 833 2898087
0.07% OPCH OPTION CARE HEALTH INC -- $66,264.88 2,344 BKM5C62
0.07% TXG 10X GENOMICS INC-CLASS A -- $65,877.24 1,452 BKS3RS7
0.07% HAE HAEMONETICS CORP/MASS -- $64,612.08 767 2401195
0.07% AZTA AZENTA INC -- $62,576.66 1,139 2145460
0.07% IART INTEGRA LIFESCIENCES HOLDING -- $62,518.04 1,103 2248693
0.07% AGL AGILON HEALTH INC -- $61,809.39 2,999 BLR4TK4
0.07% PINC PREMIER INC-CLASS A -- $59,538.08 1,802 BDZDRC5
0.06% CRSP CRISPR THERAPEUTICS AG -- $59,302.52 1,187 BDHF4K6
0.06% DOCS DOXIMITY INC-CLASS A -- $58,926.84 1,722 BMD22Y4
0.06% ICUI ICU MEDICAL INC -- $58,239.75 305 2451918
0.06% SYNH SYNEOS HEALTH INC -- $55,138.60 1,562 BFMZ4V6
0.06% ARWR ARROWHEAD PHARMACEUTICALS IN -- $53,381.12 1,604 BYQBFJ8
0.06% NTLA INTELLIA THERAPEUTICS INC -- $51,835.04 1,292 BYZM6C2
0.05% DNLI DENALI THERAPEUTICS INC -- $50,283.70 1,670 BD2B4V0
0.05% OSH OAK STREET HEALTH INC -- $50,062.70 1,769 BN2XDL9
0.05% STAA STAAR SURGICAL CO -- $49,953.90 730 2836292
0.05% GH GUARDANT HEALTH INC -- $47,971.98 1,554 BFXC911
0.05% AMED AMEDISYS INC -- $46,184.24 493 2024332
0.05% RARE ULTRAGENYX PHARMACEUTICAL IN -- $45,730.72 1,064 BJ62Z18
0.05% ENOV ENOVIS CORP -- $43,317.68 721 BJLTMX5
0.05% BPMC BLUEPRINT MEDICINES CORP -- $42,365.97 907 BWY52P3
0.04% MRTX MIRATI THERAPEUTICS INC -- $40,774.47 787 BBPK0J0
0.04% ONEM 1LIFE HEALTHCARE INC -- $40,726.53 2,547 BKMG1N5
0.04% TNDM TANDEM DIABETES CARE INC -- $39,193.76 974 BF3W461
0.04% BEAM BEAM THERAPEUTICS INC -- $37,721.60 896 BK6L288
0.04% OMCL OMNICELL INC -- $37,351.02 678 2789523
0.04% NUVA NUVASIVE INC -- $35,640.00 792 B00GJC2
0.04% VIR VIR BIOTECHNOLOGY INC -- $33,442.00 1,150 BK4PZ38
0.03% SGFY SIGNIFY HEALTH INC -CLASS A -- $29,948.16 1,056 BMD8TD0
0.03% RCM R1 RCM INC -- $29,023.20 2,085 BP2S437
0.03% SHC SOTERA HEALTH CO -- $25,162.72 1,496 BNKVRZ7
0.03% MRVI MARAVAI LIFESCIENCES HLDGS-A -- $23,906.19 1,659 BMCWKZ2
0.02% BHVN BIOHAVEN LTD -- $18,041.18 971 BPLZ7S5
0.01% NVAX NOVAVAX INC -- $12,673.50 1,190 BJDQXG4
0.01% FATE FATE THERAPEUTICS INC -- $7,173.96 1,252 BCZS820
-- -- NET OTHER ASSETS (LIABILITIES) -- $10,627,713.02 10,627,713 --

Index

as of 12/30/2022

  • Total Number of Companies132
  • Price/Earnings Ratio21.254
  • Price/Book Ratio4.88
  • Dividend Yield ( % )1.47
  • Avg. Index Market Capitalization$42.57 billion
About the Index

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.

Distributions

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

Portfolio Hedging Series Research & Insights

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.
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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.

The "Dow Jones U.S. Health Care IndexSM" is a product of Dow Jones Indexes, the marketing name and a licensed trademark of CME Group Index Services LLC ("CME Indexes"). "Dow Jones,®" "DJ," "Dow Jones Indexes" and "Dow Jones U.S. Health Care Index" are service marks of Dow Jones Trademark Holdings, LLC ("Dow Jones") and have been licensed to CME Indexes and sublicensed to ProShares. ProShares have not been passed on by CME Indexes or Dow Jones as to their legality or suitability. ProShares based on the Dow Jones U.S. Health Care Index are not sponsored, endorsed, sold or promoted by CME Indexes or Dow Jones, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

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.

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