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.

How to buy
View all Fund detail sections

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.

How to buy

Investment Objective

ProShares Equities for Rising Rates ETF seeks investment results, before fees and expenses, that track the performance of the Nasdaq U.S. Large Cap Equities for Rising Rates Index. The goal of the fund is 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.

Documents & Downloads
Fund Fact Sheet
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Semi Annual Report
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Annual Report
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Fund Profile
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Attribution Report
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NAV History
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You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Growth of $10,000

Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years

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

Month-End Total Returns as of 11/30/2024
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
EQRR Market Price 8.24% 7.04% 6.21% 18.32% 26.11% 11.22% 10.77% -- 8.71% 07/24/2017
EQRR NAV 8.27% 7.02% 6.12% 18.27% 26.02% 11.31% 10.87% -- 8.70% 07/24/2017
Nasdaq U.S. Large Cap Equities for Rising Rates Index 8.32% 7.12% 6.32% 18.71% 26.53% 11.70% 11.25% -- 9.11% --

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 11/30/2024
  • Number of Companies
    50
  • Price/Earnings Ratio
    14.14
  • Price/Book Ratio
    2.42

    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
    $76.90 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 1/10/2025
  • NAV
    $57.41
  • NAV Change
    $-0.20 down caret
  • Market Price
    $57.41
  • Market Price Change
    $-0.17 down caret
  • Trading Volume (M)
    602
  • 30-Day Median Bid Ask Spread
    0.16%
  • 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
  • Distributions
    Quarterly
Characteristics
as of 11/30/2024
  • Number of Companies
    50
  • Price/Earnings Ratio
    14.14
  • Price/Book Ratio
    2.42

    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
    $76.90 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 1/10/2025
  • NAV
    $57.41
  • NAV Change
    $-0.20 down caret
  • Market Price
    $57.41
  • Market Price Change
    $-0.17 down caret
  • Trading Volume (M)
    602
  • 30-Day Median Bid Ask Spread
    0.16%
  • View Premium / Discount

Exposures

Index as of 9/30/2024 and Fund as of 1/10/2025

Holdings

as of 1/10/2025

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
3.34% CTRA COTERRA ENERGY INC -- $403,248.17 14,521 2162340
3.28% FANG DIAMONDBACK ENERGY INC -- $394,980.20 2,260 B7Y8YR3
3.24% EOG EOG RESOURCES INC -- $390,550.52 2,972 2318024
3.16% CVX CHEVRON CORP -- $380,552.90 2,485 2838555
3.16% VLO VALERO ENERGY CORP -- $380,432.80 2,992 2041364
3.12% COP CONOCOPHILLIPS -- $376,288.64 3,692 2685717
3.11% MPC MARATHON PETROLEUM CORP -- $375,165.99 2,637 B3K3L40
3.03% SLB SCHLUMBERGER LTD -- $365,576.92 9,466 2779201
2.99% HAL HALLIBURTON CO -- $360,211.32 13,356 2405302
2.97% XOM EXXON MOBIL CORP -- $357,974.40 3,360 2326618
2.67% CVS CVS HEALTH CORP -- $321,763.02 6,702 2577609
2.57% BG BUNGE GLOBAL SA -- $310,179.18 3,819 BQ6BPG9
2.50% ADM ARCHER-DANIELS-MIDLAND CO -- $301,175.55 5,895 2047317
2.49% MCK MCKESSON CORP -- $300,759.58 517 2378534
2.47% CTVA CORTEVA INC -- $297,381.81 5,209 BK73B42
2.40% MO ALTRIA GROUP INC -- $289,552.04 5,692 2692632
2.36% CASY CASEY'S GENERAL STORES INC -- $284,912.28 738 2179414
2.30% KHC KRAFT HEINZ CO/THE -- $277,088.69 9,719 BYRY499
2.28% HSY HERSHEY CO/THE -- $274,635.20 1,736 2422806
2.16% DAL DELTA AIR LINES INC -- $260,703.30 3,894 B1W9D46
2.14% UBER UBER TECHNOLOGIES INC -- $257,414.94 3,902 BK6N347
2.13% UAL UNITED AIRLINES HOLDINGS INC -- $256,421.34 2,394 B4QG225
2.02% STZ CONSTELLATION BRANDS INC-A -- $243,443.59 1,339 2170473
2.00% AZO AUTOZONE INC -- $240,597.68 74 2065955
1.98% ORLY O'REILLY AUTOMOTIVE INC -- $238,322.40 199 B65LWX6
1.93% FOXA FOX CORP - CLASS A -- $232,372.18 4,822 BJJMGL2
1.92% LUV SOUTHWEST AIRLINES CO -- $232,071.84 7,007 2831543
1.90% HLT HILTON WORLDWIDE HOLDINGS IN -- $229,618.26 954 BYVMW06
1.89% MAR MARRIOTT INTERNATIONAL -CL A -- $227,709.16 841 2210614
1.85% BKNG BOOKING HOLDINGS INC -- $222,758.85 47 BDRXDB4
1.52% RGA REINSURANCE GROUP OF AMERICA -- $182,778.30 846 2731193
1.51% BAC BANK OF AMERICA CORP -- $182,018.85 4,035 2295677
1.48% LPLA LPL FINANCIAL HOLDINGS INC -- $178,090.99 539 B75JX34
1.48% JPM JPMORGAN CHASE & CO -- $177,983.54 742 2190385
1.46% WFC WELLS FARGO & CO -- $176,019.36 2,516 2649100
1.46% RJF RAYMOND JAMES FINANCIAL INC -- $175,799.40 1,140 2718992
1.45% MET METLIFE INC -- $174,543.75 2,175 2573209
1.43% AIG AMERICAN INTERNATIONAL GROUP -- $172,795.50 2,451 2027342
1.43% PRU PRUDENTIAL FINANCIAL INC -- $172,138.59 1,503 2819118
1.42% L LOEWS CORP -- $171,427.69 2,113 2523022
1.04% CF CF INDUSTRIES HOLDINGS INC -- $124,885.32 1,407 B0G4K50
1.00% NUE NUCOR CORP -- $120,168.72 1,017 2651086
0.99% STLD STEEL DYNAMICS INC -- $119,819.90 1,030 2849472
0.98% IP INTERNATIONAL PAPER CO -- $118,403.01 2,189 2465254
0.98% RS RELIANCE INC -- $118,031.68 442 2729068
0.97% AVY AVERY DENNISON CORP -- $117,016.38 633 2066408
0.97% FAST FASTENAL CO -- $116,971.79 1,633 2332262
0.97% LIN LINDE PLC -- $116,790.30 282 BNZHB81
0.97% LYB LYONDELLBASELL INDU-CL A -- $116,620.32 1,609 B3SPXZ3
0.95% WLK WESTLAKE CORP -- $114,881.76 1,044 B01ZP20
-- -- NET OTHER ASSETS (LIABILITIES) -- $25,694.55 25,695 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

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

For

2025
  • 2025
  • 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

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

A Playbook for Rising Rates

Bond Strategies for Rising Rates—Shorten, Float or Hedge?

The Next Rate Hike

Rising Rates: How Short Duration Strategies Stacked Up
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.

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

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