EQRR

Equities for Rising Rates ETF

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.

How to buy
View all Fund detail sections

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.

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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Summary Prospectus
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Strategic Statutory Prospectus
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Statement of Add'l Information
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Annual Report
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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

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 12/31/2021
Fund 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
EQRR NAV 4.40% 5.83% 4.89% 35.11% 35.11% 13.32% -- -- 7.85% 07/24/2017
EQRR Market Price 4.10% 5.00% 4.92% 36.11% 36.11% 13.50% -- -- 7.85% 07/24/2017

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
  • Unitary Expense Ratio 0.35%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 12/31/2021
  • Number of Companies 50
  • Price/Earnings Ratio 16.03
  • Price/Book Ratio 2.2
  • Distribution Yield 2.38%
  • Weighted Avg. Market Cap $75.41 billion
  • SEC 30-Day Yield 1.93%
Price
as of 1/18/2022
  • NAV $54.10
  • NAV Change -$0.93 down caret
  • Market Price $54.05
  • Market Price Change -$1.01 down caret
  • Trading Volume (M) 183,382
  • 30-Day Median Bid Ask Spread 0.17%
  • 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 12/31/2021
  • Number of Companies 50
  • Price/Earnings Ratio 16.03
  • Price/Book Ratio 2.2
  • Distribution Yield 2.38%
  • Weighted Avg. Market Cap $75.41 billion
  • SEC 30-Day Yield 1.93%
Price
as of 1/18/2022
  • NAV $54.10
  • NAV Change -$0.93 down caret
  • Market Price $54.05
  • Market Price Change -$1.01 down caret
  • Trading Volume (M) 183,382
  • 30-Day Median Bid Ask Spread 0.17%
  • View Premium / Discount

Exposures

Index as of 12/31/2021 and Fund as of 1/18/2022

Holdings

as of 1/18/2022

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts
3.32% CFG CITIZENS FINANCIAL GROUP -- $916,383.87 16,461
3.19% HBAN HUNTINGTON BANCSHARES INC -- $880,265.25 50,445
3.09% SCHW SCHWAB (CHARLES) CORP -- $852,848.64 9,254
3.07% STT STATE STREET CORP -- $846,059.76 8,376
3.04% PNC PNC FINANCIAL SERVICES GROUP -- $838,458.08 3,866
2.95% RJF RAYMOND JAMES FINANCIAL INC -- $814,229.46 7,759
2.95% SLB SCHLUMBERGER LTD -- $812,778.54 21,651
2.93% BAC BANK OF AMERICA CORP -- $809,041.14 17,489
2.92% HES HESS CORP -- $806,575.00 8,750
2.92% OXY OCCIDENTAL PETROLEUM CORP -- $805,991.10 22,370
2.88% PSX PHILLIPS 66 -- $793,329.68 8,948
2.81% XOM EXXON MOBIL CORP -- $774,355.68 10,596
2.80% EOG EOG RESOURCES INC -- $771,708.01 7,303
2.78% PXD PIONEER NATURAL RESOURCES CO -- $768,199.95 3,555
2.75% SIVB SVB FINANCIAL GROUP -- $759,925.32 1,137
2.74% MPC MARATHON PETROLEUM CORP -- $755,415.15 10,133
2.69% JPM JPMORGAN CHASE & CO -- $741,979.35 4,905
2.69% DVN DEVON ENERGY CORP -- $741,047.40 14,715
2.68% VLO VALERO ENERGY CORP -- $739,672.68 8,637
2.45% FRC FIRST REPUBLIC BANK/CA -- $676,394.46 3,759
2.05% LYB LYONDELLBASELL INDU-CL A -- $566,800.74 5,613
2.00% FCX FREEPORT-MCMORAN INC -- $551,011.89 12,441
1.98% EMN EASTMAN CHEMICAL CO -- $546,257.82 4,278
1.98% IP INTERNATIONAL PAPER CO -- $544,974.12 11,052
1.91% CE CELANESE CORP -- $526,054.20 3,085
1.82% ALB ALBEMARLE CORP -- $501,028.20 2,214
1.81% AVY AVERY DENNISON CORP -- $498,142.96 2,408
1.76% IFF INTL FLAVORS & FRAGRANCES -- $486,361.68 3,444
1.75% NUE NUCOR CORP -- $483,777.80 4,534
1.71% FAST FASTENAL CO -- $472,024.76 8,084
1.52% COF CAPITAL ONE FINANCIAL CORP -- $420,660.24 2,678
1.51% FLT FLEETCOR TECHNOLOGIES INC -- $415,693.90 1,745
1.46% PH PARKER HANNIFIN CORP -- $402,976.81 1,229
1.44% SYF SYNCHRONY FINANCIAL -- $396,107.40 8,385
1.43% AXP AMERICAN EXPRESS CO -- $393,989.07 2,371
1.42% WAB WABTEC CORP -- $393,101.73 4,221
1.42% SWK STANLEY BLACK & DECKER INC -- $390,406.99 2,059
1.37% TXT TEXTRON INC -- $379,058.40 5,040
1.34% PPG PPG INDUSTRIES INC -- $370,165.40 2,260
1.34% URI UNITED RENTALS INC -- $370,127.60 1,178
1.03% HPE HEWLETT PACKARD ENTERPRISE -- $284,983.28 16,454
0.96% NTAP NETAPP INC -- $263,629.00 2,825
0.92% GLW CORNING INC -- $254,864.10 6,954
0.92% TEL TE CONNECTIVITY LTD -- $254,480.00 1,600
0.91% SWKS SKYWORKS SOLUTIONS INC -- $252,345.60 1,664
0.90% ADI ANALOG DEVICES INC -- $247,252.50 1,485
0.89% NXPI NXP SEMICONDUCTORS NV -- $246,554.28 1,134
0.87% ON ON SEMICONDUCTOR -- $240,270.36 3,812
0.86% APH AMPHENOL CORP-CL A -- $237,553.75 2,975
0.86% MCHP MICROCHIP TECHNOLOGY INC -- $236,403.40 2,980
0.21% -- NET OTHER ASSETS / CASH -- $57,231.50 57,232
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

as of 12/31/2021

  • Total Number of Companies50
  • Price/Earnings Ratio16.56
  • Price/Book Ratio2.22
  • Dividend Yield ( % )2.41
  • Avg. Index Market Capitalization$75.41 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

2022
  • 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

Hedge Against Rising Rates Research & Insights

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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.

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.

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.

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. Please see 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 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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