Key stats
About ProShares UltraShort Technology
Expense ratio
0.95%
Home page
Inception date
Jan 30, 2007
REW aims to offer investors a means of playing out their bearish bets on the technology sector. The fund provides 2x leveraged inverse exposure to the S&P Technology Select Sector Indexa market-cap-weighted index of US tech companies as classified by S&P Dow Jones. The fund typically includes companies engaged in IT services, software, communications equipment, technology, hardware, storage & peripherals, electronic equipment, instruments, & components, and semiconductors & semiconductor equipment. As a geared product with daily resets, REW is designed to be a short-term trading vehiclenot a long-term investment. As a result, the funds long-term returns are difficult to predict due to compounding and path dependency. Prior to March 20, 2023, the fund provided exposure to the Dow Jones U.S. Technology Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Cash
Bonds, Cash & Other100.00%
Government78.02%
Cash21.98%
Top 10 holdings
Dividends
Dividend payout history