FUT

Managed Futures Strategy ETF

Why Invest in FUT?

  • Seeks to profit in rising and falling markets by taking long and short positions in futures across asset classes such as commodities, currencies and fixed income.

  • Is the only Managed Futures ETF to use an innovative risk-weighting methodology so that each commodity, currency, and fixed income position contributes an equal amount of estimated risk to the overall portfolio when it rebalances monthly.

  • Does not issue a K-1 form, which means streamlined tax reporting for investors.

Why Invest in FUT?

  • Seeks to profit in rising and falling markets by taking long and short positions in futures across asset classes such as commodities, currencies and fixed income.

  • Is the only Managed Futures ETF to use an innovative risk-weighting methodology so that each commodity, currency, and fixed income position contributes an equal amount of estimated risk to the overall portfolio when it rebalances monthly.

  • Does not issue a K-1 form, which means streamlined tax reporting for investors.

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 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
FUT NAV -1.88% -1.08% -2.38% -0.37% 1.79% 0.28% 0.16% -- 0.55% 02/17/2016
FUT Market Price -1.86% -1.18% -2.53% -0.50% 1.65% 0.57% 0.24% -- 0.53% 02/17/2016

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 FUT
  • Intraday Ticker FUT.IV
  • CUSIP 74347B532
  • Inception Date 2/17/16
  • Unitary Expense Ratio 0.75%
  • NAV Calculation Time 3:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 11/30/2021
  • SEC 30-Day Yield -0.65%
Price
as of 1/14/2022
  • NAV $38.60
  • NAV Change +$0.12 up caret
  • Market Price $38.59
  • Market Price Change +$0.13 up caret
  • Trading Volume (M) 1,003
  • 30-Day Median Bid Ask Spread 0.26%
  • View Premium / Discount
Snapshot
  • Ticker FUT
  • Intraday Ticker FUT.IV
  • CUSIP 74347B532
  • Inception Date 2/17/16
  • Unitary Expense Ratio 0.75%
  • NAV Calculation Time 3:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 11/30/2021
  • SEC 30-Day Yield -0.65%
Price
as of 1/14/2022
  • NAV $38.60
  • NAV Change +$0.12 up caret
  • Market Price $38.59
  • Market Price Change +$0.13 up caret
  • Trading Volume (M) 1,003
  • 30-Day Median Bid Ask Spread 0.26%
  • View Premium / Discount

Holdings

as of 1/14/2022

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts
100.00% -- NET OTHER ASSETS / CASH -- $5,982,795.73 5,982,796
-- -- E-MINI NATURAL GAS 02/23/2022 (EOH2) -91,823 -- -09
-- -- E-MINI WTI CRUDE 02/18/22 (ECH2) 83,300 -- 02
-- -- EURO E-MINI 03/14/2022 (EEH2) -428,550 -- -06
-- -- MINI GOLD FUTURE 04/28/2022 (XGJ2) 175,443 -- 03
-- -- MINI SILVER FUTURE 03/29/2022 (YSH2) -91,672 -- -04
-- -- AUDUSD CRNCY 03/14/2022 (ADH2) -216,270 -- -03
-- -- BP CURRENCY 03/14/2022 (BPH2) -341,825 -- -04
-- -- C$ CURRENCY 03/15/2022 (CDH2) -318,360 -- -04
-- -- CHF CURRENCY 03/14/2022 (SFH2) 410,963 -- 03
-- -- COCOA FUTURE 03/16/2022 (CCH2) 186,130 -- 07
-- -- COFFEE 'C' 03/21/2022 (KCH2) 89,869 -- 01
-- -- COPPER FUTURE 03/29/2022 (HGH2) 110,513 -- 01
-- -- CORN FUTURE 07/14/2022 (C N2) 89,025 -- 03
-- -- COTTON NO.2 03/09/2022 (CTH2) 119,700 -- 02
-- -- GASOLINE RBOB 02/25/2022 (XBH2) 101,795 -- 01
-- -- JPN YEN CURR 03/14/2022 (JYH2) -657,338 -- -06
-- -- LEAN HOGS FUTURE 04/14/2022(LHJ2) 176,900 -- 05
-- -- LIVE CATTLE 04/30/2022 (LCJ2) 341,100 -- 06
-- -- NY HARB ULSD 11/30/2022 (HOZ2) 101,653 -- 01
-- -- SOYBEAN FUTURE 3/14/22 (S H2) 136,975 -- 02
-- -- SUGAR #11 2/26/2022(SBH2) -102,536 -- -05
-- -- US 10YR NOTE FUTURE 03/22/2022 (TYH2) -897,313 -- -07
-- -- US LONG FUTURE 03/22/2022 (USH2) 776,719 -- 05
-- -- WHEAT FUTURE 12/14/2021 (W Z2) 111,788 -- 03

Index

About the Index

This ETF is actively managed. The reference index is S&P® Strategic Futures Index. For more details, see daily holdings.

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.

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 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.

Read information about NAV and intraday value (IOPV/IIV) calculations.

Investing involves risk, including the possible loss of principal. ProShares ETFs are generally non-diversified and each entails certain risks, including risks associated with the use of derivatives (swap agreements, futures contracts and similar instruments), 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.

This ETF is actively managed and there is no guarantee investments selected and strategies employed will achieve the intended results. The ETF is designed to capture potential economic benefits derived from both rising and declining trends in futures prices. The ETF uses the S&P® Strategic Futures Index as a performance benchmark. While the fund generally will seek exposure to the commodity and financial markets included in this benchmark, this is not an index tracking ETF, and it will seek to enhance its performance by actively selecting investments with varying maturities from the underlying components of the benchmark. In order to accomplish this, futures contract positions are rebalanced and repositioned either long or short on a monthly basis, based on price movements over the past seven months. In volatile markets, contracts may frequently be repositioned from long to short, and vice versa. If the price movements that caused a particular contract to be repositioned subsequently reverse themselves, the ETF's strategy will be negatively impacted. Such activity can cause the ETF to lose possibly significantly more than an investment focused on only long or short positions in the same futures contracts. Short positions lose value as security prices increase, which may potentially expose the ETF to unlimited losses resulting in a total loss of investment. There can be no assurance that the ETF's performance will exceed the performance of the benchmark at any time. Active management may also increase transaction costs. Investors should actively manage and monitor their investments. This ETF may not be suitable for all investors.

There are additional risks related to commodity investments due to natural and technological factors such as depletion of known cost-effective sources of a commodity or severe weather and increases in availability created by new or improved equipment or processes.

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 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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