EQRR
Equities for Rising Rates ETF
Why Invest in EQRR?
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The first U.S. equity ETF specifically designed to outperform traditional U.S. large-cap indexes during periods of rising interest rates.
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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.
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Can be used to complement traditional large-cap equity investments.
Why Invest in 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.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
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 | 8.28% | 14.50% | 22.89% | 14.50% | 27.89% | 13.00% | 10.96% | -- | 9.09% | 07/24/2017 |
| EQRR NAV | 8.26% | 14.40% | 22.63% | 14.40% | 27.70% | 13.03% | 10.92% | -- | 9.07% | 07/24/2017 |
| Nasdaq U.S. Large Cap Equities for Rising Rates Index | 8.32% | 14.54% | 22.90% | 14.54% | 28.24% | 13.43% | 11.34% | -- | 9.48% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| EQRR Market Price | 8.28% | 14.50% | 22.89% | 14.50% | 27.89% | 13.00% | 10.96% | -- | 9.09% | 07/24/2017 |
| EQRR NAV | 8.26% | 14.40% | 22.63% | 14.40% | 27.70% | 13.03% | 10.92% | -- | 9.07% | 07/24/2017 |
| Nasdaq U.S. Large Cap Equities for Rising Rates Index | 8.32% | 14.54% | 22.90% | 14.54% | 28.24% | 13.43% | 11.34% | -- | 9.48% | -- |
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
- Distributions Quarterly
Characteristics
as of 3/31/2024- Number of Companies 50
- Price/Earnings Ratio 12.52
- Price/Book Ratio 2.2
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Distribution Yield 1.76%
Distribution Yield represents the annualized yield based on the last income distribution.
- Weighted Avg. Market Cap $80.58 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.
- SEC 30-Day Yield 1.88%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- Weighted Average Yield to
Maturity -- - Net Effective Duration --
Price
as of 4/18/2024- NAV $59.38
- NAV Change $+0.18
- Market Price $59.36
- Market Price Change $+0.25
- Trading Volume (M) 2,824
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Snapshot
- Ticker EQRR
- Intraday Ticker EQRR.IV
- CUSIP 74347B391
- Inception Date 7/24/17
- Unitary Expense Ratio 0.35%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Characteristics
as of 3/31/2024- Number of Companies 50
- Price/Earnings Ratio 12.52
- Price/Book Ratio 2.2
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Distribution Yield 1.76%
Distribution Yield represents the annualized yield based on the last income distribution.
- Weighted Avg. Market Cap $80.58 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.
- SEC 30-Day Yield 1.88%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- Weighted Average Yield to Maturity --
- Net Effective Duration --
Price
as of 4/18/2024- NAV $59.38
- NAV Change $+0.18
- Market Price $59.36
- Market Price Change $+0.25
- Trading Volume (M) 2,824
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Exposures
Index as of 3/28/2024 and Fund as of 4/18/2024
Holdings
as of 4/18/2024
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 3.22% | EOG | EOG RESOURCES INC | -- | $688,973.04 | 5,229 | 2318024 |
| 3.15% | FANG | DIAMONDBACK ENERGY INC | -- | $673,250.80 | 3,373 | B7Y8YR3 |
| 3.14% | COP | CONOCOPHILLIPS | -- | $671,513.74 | 5,254 | 2685717 |
| 3.07% | HAL | HALLIBURTON CO | -- | $655,388.05 | 16,957 | 2405302 |
| 3.05% | CTRA | COTERRA ENERGY INC | -- | $652,708.38 | 23,979 | 2162340 |
| 3.02% | MPC | MARATHON PETROLEUM CORP | -- | $646,491.30 | 3,315 | B3K3L40 |
| 3.02% | MRO | MARATHON OIL CORP | -- | $646,338.60 | 23,589 | 2910970 |
| 2.98% | VLO | VALERO ENERGY CORP | -- | $636,473.33 | 3,917 | 2041364 |
| 2.94% | PSX | PHILLIPS 66 | -- | $627,651.14 | 4,094 | B78C4Y8 |
| 2.91% | SLB | SCHLUMBERGER LTD | -- | $621,264.24 | 12,196 | 2779201 |
| 2.71% | BG | BUNGE GLOBAL SA | -- | $578,881.85 | 5,435 | BQ6BPG9 |
| 2.56% | CPB | CAMPBELL SOUP CO | -- | $547,773.72 | 12,532 | 2162845 |
| 2.56% | ADM | ARCHER-DANIELS-MIDLAND CO | -- | $547,332.96 | 8,868 | 2047317 |
| 2.54% | COR | CENCORA INC | -- | $543,654.30 | 2,291 | 2795393 |
| 2.52% | MCK | MCKESSON CORP | -- | $539,562.40 | 1,040 | 2378534 |
| 2.48% | STZ | CONSTELLATION BRANDS INC-A | -- | $529,776.64 | 2,048 | 2170473 |
| 2.48% | HSY | HERSHEY CO/THE | -- | $529,439.04 | 2,864 | 2422806 |
| 2.44% | CTVA | CORTEVA INC | -- | $521,199.64 | 9,659 | BK73B42 |
| 2.27% | CVS | CVS HEALTH CORP | -- | $484,480.98 | 6,982 | 2577609 |
| 2.11% | WFC | WELLS FARGO & CO | -- | $451,651.86 | 7,689 | 2649100 |
| 2.05% | LPLA | LPL FINANCIAL HOLDINGS INC | -- | $437,452.68 | 1,684 | B75JX34 |
| 1.98% | RJF | RAYMOND JAMES FINANCIAL INC | -- | $423,445.12 | 3,472 | 2718992 |
| 1.97% | MET | METLIFE INC | -- | $420,749.25 | 6,015 | 2573209 |
| 1.97% | AFL | AFLAC INC | -- | $420,367.18 | 5,191 | 2026361 |
| 1.96% | LW | LAMB WESTON HOLDINGS INC | -- | $419,836.41 | 5,229 | BDQZFJ3 |
| 1.96% | HIG | HARTFORD FINANCIAL SVCS GRP | -- | $419,211.80 | 4,324 | 2476193 |
| 1.95% | AIG | AMERICAN INTERNATIONAL GROUP | -- | $416,115.99 | 5,701 | 2027342 |
| 1.93% | PRU | PRUDENTIAL FINANCIAL INC | -- | $412,842.60 | 3,798 | 2819118 |
| 1.91% | WRB | WR BERKLEY CORP | -- | $408,058.22 | 5,039 | 2093644 |
| 1.88% | JPM | JPMORGAN CHASE & CO | -- | $402,918.75 | 2,223 | 2190385 |
| 1.68% | UAL | UNITED AIRLINES HOLDINGS INC | -- | $358,860.18 | 6,979 | B4QG225 |
| 1.61% | GPC | GENUINE PARTS CO | -- | $345,295.65 | 2,155 | 2367480 |
| 1.56% | DAL | DELTA AIR LINES INC | -- | $333,993.00 | 6,980 | B1W9D46 |
| 1.54% | FOXA | FOX CORP - CLASS A | -- | $328,838.99 | 10,687 | BJJMGL2 |
| 1.52% | ORLY | O'REILLY AUTOMOTIVE INC | -- | $325,913.76 | 296 | B65LWX6 |
| 1.47% | AZO | AUTOZONE INC | -- | $315,156.02 | 106 | 2065955 |
| 1.46% | GM | GENERAL MOTORS CO | -- | $312,782.80 | 7,370 | B665KZ5 |
| 1.45% | UBER | UBER TECHNOLOGIES INC | -- | $309,655.90 | 4,343 | BK6N347 |
| 1.42% | DRI | DARDEN RESTAURANTS INC | -- | $304,427.71 | 1,999 | 2289874 |
| 1.42% | LKQ | LKQ CORP | -- | $303,916.48 | 6,256 | 2971029 |
| 1.02% | DOW | DOW INC | -- | $217,260.54 | 3,846 | BHXCF84 |
| 1.02% | WLK | WESTLAKE CORP | -- | $217,154.52 | 1,458 | B01ZP20 |
| 1.01% | LYB | LYONDELLBASELL INDU-CL A | -- | $216,493.20 | 2,178 | B3SPXZ3 |
| 1.00% | NUE | NUCOR CORP | -- | $214,807.02 | 1,126 | 2651086 |
| 1.00% | APD | AIR PRODUCTS & CHEMICALS INC | -- | $213,912.36 | 918 | 2011602 |
| 1.00% | LIN | LINDE PLC | -- | $213,839.97 | 479 | BNZHB81 |
| 1.00% | CF | CF INDUSTRIES HOLDINGS INC | -- | $213,221.61 | 2,679 | B0G4K50 |
| 1.00% | RS | RELIANCE INC | -- | $212,906.40 | 665 | 2729068 |
| 0.98% | AVY | AVERY DENNISON CORP | -- | $208,512.60 | 996 | 2066408 |
| 0.89% | ALB | ALBEMARLE CORP | -- | $189,277.40 | 1,693 | 2046853 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $49,986.19 | 49,986 | -- |
Index
as of 3/28/2024
- Total Number of Companies50
- Price/Earnings Ratio13.07
- Price/Book Ratio2.243
- Dividend Yield ( % )2.16
- Avg. Index Market Capitalization$80.58 billion
About the Index
The index takes the 500 largest listed U.S. stocks and selects the five U.S. large-cap sectors that have demonstrated the highest correlation to weekly changes in 10-Year U.S. Treasury yields over the last three years. The index then identifies the top ten stocks in each sector that have the highest correlation of relative performance—compared with 500 of the largest listed U.S. stocks—to changes in the 10-year yields. The process is repeated quarterly to maintain a portfolio of 50 stocks.
Distributions
For
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|