EQRR

Equities for Rising Rates ETF

Why EQRR?

  • The first U.S. equity ETF specifically designed to outperform traditional U.S. large-cap indexes during periods of rising interest rates.

  • Targets sectors that have had the highest correlations to 10-Year U.S. Treasury yields and within those sectors, the stocks that have had a strong tendency to outperform as rates rise.

  • Can be used to complement traditional large-cap equity investments.

Why EQRR?

  • The first U.S. equity ETF specifically designed to outperform traditional U.S. large-cap indexes during periods of rising interest rates.

  • Targets sectors that have had the highest correlations to 10-Year U.S. Treasury yields and within those sectors, the stocks that have had a strong tendency to outperform as rates rise.

  • Can be used to complement traditional large-cap equity investments.

Performance

Growth of $10,000

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
EQRR Market Price 0.00% -1.31% -0.61% 9.31% 24.27% 6.62% 10.64% -- 7.63% 07/24/2017
EQRR NAV -0.16% -1.35% -0.66% 9.23% 23.98% 6.65% 10.36% -- 7.62% 07/24/2017
Nasdaq U.S. Large Cap Equities for Rising Rates Index -0.13% -1.26% -0.49% 9.59% 24.48% 7.02% 10.74% -- 8.03% --

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
    EQRR
  • Intraday Ticker
    EQRR.IV
  • CUSIP
    74347B391
  • Inception Date
    7/24/17
  • Expense Ratio
    0.35%
  • NAV Calculation Time
    4:00 p.m. ET
Characteristics
as of 10/31/2024
  • Number of Companies
    50
  • Price/Earnings Ratio
    12.6
  • Price/Book Ratio
    2.27

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Avg. Market Cap
    $71.72 billion

    Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.

Price
as of 11/29/2024
  • NAV
    $62.64
  • NAV Change
    $+0.16 up caret
  • Market Price
    $62.67
  • Market Price Change
    $+0.22 up caret
  • Trading Volume (M)
    2
  • 30-Day Median Bid Ask Spread
    0.13%
  • View Premium / Discount
Snapshot
  • Ticker
    EQRR
  • Intraday Ticker
    EQRR.IV
  • CUSIP
    74347B391
  • Inception Date
    7/24/17
  • Expense Ratio
    0.35%
  • NAV Calculation Time
    4:00 p.m. ET
Characteristics
as of 10/31/2024
  • Number of Companies
    50
  • Price/Earnings Ratio
    12.6
  • Price/Book Ratio
    2.27

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Avg. Market Cap
    $71.72 billion

    Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.

Price
as of 11/29/2024
  • NAV
    $62.64
  • NAV Change
    $+0.16 up caret
  • Market Price
    $62.67
  • Market Price Change
    $+0.22 up caret
  • Trading Volume (M)
    2
  • 30-Day Median Bid Ask Spread
    0.13%
  • View Premium / Discount

Exposures

Index as of 9/30/2024 and Fund as of 11/29/2024

Holdings

as of 11/29/2024

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
3.13% CTRA COTERRA ENERGY INC -- $430,993.60 16,130 2162340
3.09% HAL HALLIBURTON CO -- $425,840.76 13,366 2405302
3.02% EOG EOG RESOURCES INC -- $416,570.76 3,126 2318024
2.99% MCK MCKESSON CORP -- $411,667.50 655 2378534
2.89% FANG DIAMONDBACK ENERGY INC -- $398,689.55 2,245 B7Y8YR3
2.89% SLB SCHLUMBERGER LTD -- $397,920.64 9,056 2779201
2.87% COP CONOCOPHILLIPS -- $396,307.72 3,658 2685717
2.84% VLO VALERO ENERGY CORP -- $391,510.20 2,815 2041364
2.84% PSX PHILLIPS 66 -- $391,489.56 2,922 B78C4Y8
2.83% XOM EXXON MOBIL CORP -- $389,975.76 3,306 2326618
2.65% MPC MARATHON PETROLEUM CORP -- $365,547.15 2,341 B3K3L40
2.62% MO ALTRIA GROUP INC -- $360,932.74 6,251 2692632
2.61% LPLA LPL FINANCIAL HOLDINGS INC -- $359,290.75 1,105 B75JX34
2.59% COR CENCORA INC -- $356,949.45 1,419 2795393
2.56% RJF RAYMOND JAMES FINANCIAL INC -- $352,779.52 2,084 2718992
2.52% WFC WELLS FARGO & CO -- $347,944.56 4,568 2649100
2.46% CTVA CORTEVA INC -- $339,083.52 5,448 BK73B42
2.32% UAL UNITED AIRLINES HOLDINGS INC -- $319,829.49 3,303 B4QG225
2.26% CVS CVS HEALTH CORP -- $311,160.15 5,199 2577609
2.20% JPM JPMORGAN CHASE & CO -- $302,660.64 1,212 2190385
2.17% CPB CAMPBELL SOUP CO -- $298,683.00 6,465 2162845
2.16% STZ CONSTELLATION BRANDS INC-A -- $297,332.30 1,234 2170473
2.13% BG BUNGE GLOBAL SA -- $293,090.84 3,266 BQ6BPG9
2.12% WRB WR BERKLEY CORP -- $291,636.90 4,518 2093644
2.11% HSY HERSHEY CO/THE -- $290,790.63 1,651 2422806
2.11% ADM ARCHER-DANIELS-MIDLAND CO -- $290,472.00 5,320 2047317
1.98% PRU PRUDENTIAL FINANCIAL INC -- $273,443.33 2,113 2819118
1.98% MET METLIFE INC -- $273,160.08 3,096 2573209
1.96% RGA REINSURANCE GROUP OF AMERICA -- $270,425.60 1,184 2731193
1.96% HIG HARTFORD FINANCIAL SVCS GRP -- $269,678.97 2,187 2476193
1.94% AIG AMERICAN INTERNATIONAL GROUP -- $267,773.04 3,483 2027342
1.72% DAL DELTA AIR LINES INC -- $237,091.30 3,715 B1W9D46
1.66% GM GENERAL MOTORS CO -- $229,030.80 4,120 B665KZ5
1.59% MAR MARRIOTT INTERNATIONAL -CL A -- $218,841.13 757 2210614
1.55% FOXA FOX CORP - CLASS A -- $213,453.60 4,530 BJJMGL2
1.50% HLT HILTON WORLDWIDE HOLDINGS IN -- $207,060.48 817 BYVMW06
1.50% ORLY O'REILLY AUTOMOTIVE INC -- $206,374.52 166 B65LWX6
1.36% AZO AUTOZONE INC -- $187,002.86 59 2065955
1.32% UBER UBER TECHNOLOGIES INC -- $181,842.92 2,527 BK6N347
1.25% GPC GENUINE PARTS CO -- $171,845.88 1,356 2367480
1.11% IP INTERNATIONAL PAPER CO -- $153,134.49 2,603 2465254
1.08% FAST FASTENAL CO -- $149,154.60 1,785 2332262
1.07% STLD STEEL DYNAMICS INC -- $147,013.24 1,012 2849472
1.03% RS RELIANCE INC -- $141,345.60 440 2729068
0.97% CF CF INDUSTRIES HOLDINGS INC -- $133,683.06 1,491 B0G4K50
0.95% NUE NUCOR CORP -- $131,641.19 851 2651086
0.89% LIN LINDE PLC -- $122,623.34 266 BNZHB81
0.80% LYB LYONDELLBASELL INDU-CL A -- $110,258.82 1,323 B3SPXZ3
0.80% FCX FREEPORT-MCMORAN INC -- $109,925.40 2,487 2352118
0.79% WLK WESTLAKE CORP -- $109,268.40 851 B01ZP20
-- -- NET OTHER ASSETS (LIABILITIES) -- $41,194.66 41,195 --

Index

as of 9/30/2024

  • Total Number of Companies50
  • Price/Earnings Ratio12.762
  • Price/Book Ratio2.268
  • Dividend Yield ( % )2.30
  • Avg. Index Market Capitalization$68.77 billion
About the Index

The Nasdaq U.S. Large Cap Equities for Rising Rates Index is designed to measure the performance of companies in the Nasdaq U.S. Large Cap Index whose stock prices have historically exhibited relatively high correlation tomovements in interest rates.

Distributions

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

Rising Rates Insights and Research

Explore the Secrets of Equities in Rising Rates

Sector and company selection are both critical when rates rise—here’s how to target the potential outperformers.
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.

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. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

The fund is designed to provide relative outperformance, as compared to traditional U.S. large-cap indexes, such as the S&P 500, during periods of rising U.S. Treasury interest rates. As a result, the fund may be more susceptible to underperformance in a falling rate environment. There can be no guarantee that the fund will provide positive returns or outperform other indexes.

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.

Nasdaq® is a registered trademark of Nasdaq, Inc. and is licensed for use by ProShare Advisors LLC. ProShares ETFs have not been passed on by Nasdaq, Inc. or its affiliates as to their legality or suitability. ProShares ETFs based on the Nasdaq U.S. Large Cap Equities for Rising Rates Index are not issued, sponsored, endorsed, sold, or promoted by Nasdaq, Inc. or its affiliates, and they make no representation regarding the advisability of investing in ProShares ETFs.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.

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