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 Q3 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 3.56% -3.83% 11.99% 11.99% 15.16% 3.35% 14.48% 15.68% 15.90% 01/30/2007
RXL NAV 3.31% -3.78% 11.85% 11.85% 15.16% 3.34% 14.41% 15.66% 15.90% 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
Price
as of 7/19/2024
  • NAV
    $104.13
  • NAV Change
    $+0.98 up caret
  • Market Price
    $104.00
  • Market Price Change
    $+0.92 up caret
  • Trading Volume (M)
    733
  • 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
Price
as of 7/19/2024
  • NAV
    $104.13
  • NAV Change
    $+0.98 up caret
  • Market Price
    $104.00
  • Market Price Change
    $+0.92 up caret
  • Trading Volume (M)
    733
  • 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 6/28/2024

Holdings

as of 7/19/2024

Exposure Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
55.02% -- HEALTH CARE SELECT SECTOR INDEX SWAP UBS AG 49,275,981 -- 32,987 --
25.94% -- HEALTH CARE SELECT SECTOR INDEX SWAP BNP PARIBAS 23,229,188 -- 15,550 --
23.79% -- HEALTH CARE SELECT SECTOR INDEX SWAP BANK OF AMERICA NA 21,309,057 -- 14,265 --
10.87% -- HEALTH CARE SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL 9,736,588 -- 6,518 --
9.97% -- HEALTH CARE SELECT SECTOR INDEX SWAP SOCIETE GENERALE 8,931,430 -- 5,979 --
9.17% LLY ELI LILLY & CO -- $8,215,420.07 9,581 2516152
6.97% UNH UNITEDHEALTH GROUP INC -- $6,245,200.51 11,047 2917766
4.99% JNJ JOHNSON & JOHNSON -- $4,467,911.27 28,883 2475833
4.27% MRK MERCK & CO. INC. -- $3,823,030.69 30,397 2778844
4.08% ABBV ABBVIE INC -- $3,651,805.44 21,192 B92SR70
2.73% TMO THERMO FISHER SCIENTIFIC INC -- $2,447,857.35 4,581 2886907
2.38% AMGN AMGEN INC -- $2,132,845.02 6,438 2023607
2.38% ABT ABBOTT LABORATORIES -- $2,130,080.31 20,877 2002305
2.28% PFE PFIZER INC -- $2,038,109.85 68,005 2684703
2.16% ISRG INTUITIVE SURGICAL INC -- $1,936,977.57 4,257 2871301
2.15% DHR DANAHER CORP -- $1,926,644.94 7,911 2250870
1.70% VRTX VERTEX PHARMACEUTICALS INC -- $1,522,392.29 3,097 2931034
1.56% ELV ELEVANCE HEALTH INC -- $1,395,334.80 2,790 BSPHGL4
1.55% SYK STRYKER CORP -- $1,386,643.65 4,067 2853688
1.53% BSX BOSTON SCIENTIFIC CORP -- $1,368,701.32 17,647 2113434
1.51% REGN REGENERON PHARMACEUTICALS -- $1,353,962.80 1,273 2730190
1.41% MDT MEDTRONIC PLC -- $1,266,911.20 15,940 BTN1Y11
1.28% CI THE CIGNA GROUP -- $1,144,878.56 3,409 BHJ0775
1.28% -- HEALTH CARE SELECT SECTOR INDEX SWAP CITIBANK NA 1,144,251 -- 766 --
1.21% GILD GILEAD SCIENCES INC -- $1,084,844.56 14,951 2369174
1.16% BMY BRISTOL-MYERS SQUIBB CO -- $1,037,559.12 24,333 2126335
1.09% ZTS ZOETIS INC -- $977,904.08 5,476 B95WG16
1.01% MCK MCKESSON CORP -- $905,002.80 1,560 2378534
1.00% CVS CVS HEALTH CORP -- $897,481.62 15,066 2577609
0.89% BDX BECTON DICKINSON AND CO -- $800,437.06 3,469 2087807
0.84% HCA HCA HEALTHCARE INC -- $749,344.16 2,326 B4MGBG6
0.70% EW EDWARDS LIFESCIENCES CORP -- $625,568.00 7,232 2567116
0.63% HUM HUMANA INC -- $560,151.48 1,446 2445063
0.60% DXCM DEXCOM INC -- $533,064.84 4,774 B0796X4
0.55% IQV IQVIA HOLDINGS INC -- $490,910.02 2,186 BDR73G1
0.54% MRNA MODERNA INC -- $484,681.14 4,001 BGSXTS3
0.52% IDXX IDEXX LABORATORIES INC -- $463,986.20 991 2459202
0.52% A AGILENT TECHNOLOGIES INC -- $463,470.26 3,517 2520153
0.50% COR CENCORA INC -- $444,069.60 1,986 2795393
0.47% CNC CENTENE CORP -- $424,200.96 6,404 2807061
0.46% GEHC GE HEALTHCARE TECHNOLOGY -- $409,922.24 5,096 BL6JPG8
0.44% BIIB BIOGEN INC -- $395,520.80 1,747 2455965
0.40% RMD RESMED INC -- $358,153.45 1,763 2732903
0.38% MTD METTLER-TOLEDO INTERNATIONAL -- $344,130.56 256 2126249
0.31% CAH CARDINAL HEALTH INC -- $277,867.72 2,924 2175672
0.31% WST WEST PHARMACEUTICAL SERVICES -- $277,862.08 874 2950482
0.30% ZBH ZIMMER BIOMET HOLDINGS INC -- $272,824.50 2,469 2783815
0.30% STE STERIS PLC -- $266,007.94 1,186 BFY8C75
0.24% HOLX HOLOGIC INC -- $218,708.00 2,800 2433530
0.24% COO COOPER COS INC/THE -- $216,438.75 2,385 BQPDXR3
0.24% BAX BAXTER INTERNATIONAL INC -- $216,200.60 6,116 2085102
0.24% WAT WATERS CORP -- $215,536.64 712 2937689
0.24% LH LABCORP HOLDINGS INC -- $213,906.44 1,012 BSBK800
0.24% ALGN ALIGN TECHNOLOGY INC -- $211,595.60 841 2679204
0.23% MOH MOLINA HEALTHCARE INC -- $202,717.08 703 2212706
0.22% DGX QUEST DIAGNOSTICS INC -- $194,631.33 1,333 2702791
0.19% VTRS VIATRIS INC -- $169,193.60 14,290 BMWS3X9
0.18% PODD INSULET CORP -- $164,020.23 841 B1XGNW4
0.18% RVTY REVVITY INC -- $160,062.00 1,480 2305844
0.16% TECH BIO-TECHNE CORP -- $142,694.86 1,891 BSHZ3Q0
0.15% CRL CHARLES RIVER LABORATORIES -- $134,872.32 618 2604336
0.14% UHS UNIVERSAL HEALTH SERVICES-B -- $129,647.94 717 2923785
0.14% CTLT CATALENT INC -- $125,722.61 2,171 BP96PQ4
0.14% INCY INCYTE CORP -- $125,679.96 1,908 2471950
0.14% TFX TELEFLEX INC -- $125,311.35 565 2881407
0.12% HSIC HENRY SCHEIN INC -- $108,112.58 1,537 2416962
0.10% SOLV SOLVENTUM CORP -- $90,581.40 1,659 BMTQB43
0.10% DVA DAVITA INC -- $85,666.95 621 2898087
0.08% BIO BIO-RAD LABORATORIES-A -- $72,720.90 245 2098508
-- -- TREASURY BILL -- $9,975,202.00 10,000,000 BRYQ9Y9
-- -- NET OTHER ASSETS (LIABILITIES) -- $14,257,052.35 14,257,052 --

Index

as of 6/28/2024

  • Total Number of Companies63
  • Price/Earnings Ratio22.241
  • Price/Book Ratio5.143
  • Dividend Yield ( % )1.56
  • Avg. Index Market Capitalization$88.81 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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